Cash Advance Fee

Cash Advance Fee of 8% will be levied on the amount withdrawn per transaction, subject to a minimum of S$15 per transaction.

Note: With effect from 01 April 2023, the effective interest rate for cash advance charges applicable to your Card Account will be revised from 28% p.a. to 28.5% p.a.

Part of: Guides > Go Travel with POSB

Important information

  • The finance charge imposed on Cash Advance is 28% p.a. on the amount withdrawn and is chargeable on a daily basis from the withdrawal date until full payment is received.
  • Minimum finance charge applicable on card account is S$2.50.
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