There’s no way to be 100% prepared for emergencies. But with Cashline that acts just like your regular bank account, you can now ease your mind knowing you have easy access to extra cash.
No early repayment fees. Save up to 80% in interest and fees, compared to cash advances.
^Daily interest rate of 0.06% is calculated based on 365 days at the prevailing interest rate of 20.5% p.a.
Jack, 45, is the sole breadwinner in his family. Every day, he returns home to warm meals prepared by his wife and hugs from his 2 kids.
One unfortunate day, the fridge breaks down. But Jack’s short on cash, and payday is 11 days away.
Day 1:Jack applies for Cashline via the DBS digibank app. With instant approval, he manages to buy a fridge online immediately for S$2,000.
Day 11:Payday! Jack repays with ease using the DBS digibank app.
Cashline Interest^: S$11.24Jack pays: S$2,011.24
Jill, 21, is a fresh graduate who just started her full-time job. It is her parents’ 30th wedding anniversary and she wants to surprise them with something special: a pair of vintage couple watches. However, Jill’s running low on cash.
Day 1:Jill applies for Cashline via the DBS digibank app. With instant approval, she manages to buy the watches immediately for S$1,000.
On the same day, she also withdraws S$400 to gift her parents a red packet each.
Day 7:Jill needs a new blazer for an upcoming presentation. She draws from her Cashline account again and instantly buys a grey one at S$100, after coming across a 50% sale online.
Day 14:Payday! Jill repays with ease using the DBS digibank app.
Cashline Interest^: S$10.62Jill pays: S$1,510.62
^Cashline interest is calculated based on a daily interest rate of 0.06%.
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