Features & Benefits

  • Interest Savings – enjoy 0%* interest rate for up to 12 months.
  • Flexible repayment – pay from as little as S$50 or 2.5% of the statement balance, whichever is higher.
  • Financial Control – consolidate all your other credit card balances into a DBS Credit Card.


Online exclusive! Apply for POSB Balance Transfer

Online exclusive! Apply for POSB Balance Transfer today with promo code “DBSBT” and receive 1% cashback on your approved loan amount! Valid for loan amount of S$10,000 and above1

1Balance Transfer 1% Cashback Promotion Terms and Conditions apply. Valid for loan amount of S$10,000 and above. Applications via other channels (i.e Telesales or Branch sales staff etc.) will not be considered. Promotion ends 31st March 2022.

POSB Balance Transfer

Feel lighter with a 0% interest loan you can get in 3 easy steps – a POSB Balance Transfer.


Who can apply?

  • Existing DBS Credit Card / Cashline customer
  • Singapore Citizen or Singapore Permanent Resident
  • 21 – 75 years old

Rates & Fees

Tenure 3 months 6 months 12 months
Applied interest rate (p.a) 0% 0% 0%
Administration fee 1.5%# 3.58% 2.5%# (online exclusive) 6.38%
4.5%# (online exclusive)
Effective interest rate (p.a)* 6.12%# (Cashline)
6.15%# (Credit Card)
7.52% 5.27%# (Cashline)
7.61% 5.34%# (Credit Card)
7.12% 5.06%# (Cashline)
7.32% 5.20%# (Credit Card)

#For online application.
*The effective interest rate is calculated taking into consideration the administration fee and based on the assumption of a minimum monthly payment of: 2.5% for Cashline / 3% for DBS/POSB Credit Card(s) of the outstanding and full payment in the final month of the tenure.

Interest, fees and charges are subject to compounding if it is not paid in full. The one-time administration fee will be debited from your Cashline account or DBS/POSB Credit Card(s) accordingly.

Illustration: 3 months 6 months 12 months
Interest from other bank's credit cards at 24% p.a S$300 S$600 S$1200
Interest from Cashline or DBS/POSB Credit Card Balance Transfer at 0% p.a S$0 S$0 S$0
One time administration fee+ S$75 (1.50%) S$125 (2.50%) S$225 (4.50%)
Savings^ S$225 (75% Savings) S$475 (79% Savings) S$975 (81% Savings)

+ The one-time administration fee will be debited from your DBS Cashline / Credit Card account accordingly.

^ Figures have been simplified for illustration purposes only. Interest savings are based on the 24% p.a. interest rate on other banks' credit cards over a 3-month, 6-month and 12-month repayment period, as well as the one-time administration fee from DBS.

DBS / POSB Balance Transfer Terms and Conditions


How to Apply

Apply now For customers with Credit Card and/or Cashline account. No documents are required.

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