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Cashline Revolving Loan

Interest Rate Table | Apply Now | Download Form
 

Standby cash whatever you need! DBS Cashline revolving loan offers you ample cash in reserve for you with a convenient revolving credit feature. So go ahead, make those plans happen today!

 
Interest rate as low as P-2.5% p.a. for the 1st 6 months2-3

Ease your burden with great savings on interest expense!

 
Credit line of up to 8 times of your monthly salary5,6,7
 
Perpetual service charge waiver on cash withdrawal

No withdrawal handling fee is required no matter you draw cash through cheque or ATM card.

 
Flexible repayment period and your credit limit is automatically restored upon each repayment without re-application

There is no fixed repayment schedule. The minimum monthly repayment amount is just 2.5% of the monthly outstanding balance (minimum HK$100).

 
Interest is charged on a daily basis and only on your outstanding balance
 
Easy and convenient withdrawal

The approved loan amount will be deposited directly into your designated bank account for your use. You can transfer or withdraw cash in any of several ways without any service charge:

  • Cheque
  • JETCO ATMs
  • Phone Banking
  • Over-the-counter

You may also perform balance enquiries and fund transfers via DBS ec-banking Internet Banking Services.

 
How much should I repay?
The daily interest calculation of Cashline is based on the loan amount requested and the promotional rate for the 1st 6 months. For details, please refer to the Cashline interest rate table.
 
Simple application

Applicants should be Hong Kong permanent residents aged 18 or above with a minimum annual income of HK$80,000.

 
Apply now
 
 
Other Service
New Cashline Card Confirmation
 
Cashline Revolving Loan & Total Relationship Balance
Total Relationship Balance counts every dollar in your personal and joint accounts, including deposits, investment, outstanding balances of credit cards and loans. With a higher Total Relationship Balance, you can enjoy better rates for your time deposits. Act now to consolidate all your accounts with us to maximize your financial strength.
 
1.

The Prime Rate ("P") is the Hong Kong Dollar Prime Rate of DBS Bank (Hong Kong) Limited (the "Bank"). The Prime Rate of the Bank is 5.25% as of 31 Mar 2010. The Annualized Percentage Rate ("APR") is calculated according to the relevant guidelines set out in the Code of Banking Practice. The interest rate will vary whenever the Prime Rate of the Bank changes. Interest is calculated on the basis of a 365-day year.

2.

In case of any late repayment, the interest rate will automatically be switched to the corresponding interest rate of the 7th month onwards plus 5% per annum surcharge commencing on the late repayment date.

3.

Promotion Period of the preferential interest rate ends on the statement date of the 6th monthly statement.

4.

An annual fee will be levied for Cashline Account. The 1st year annual fee will be waived and from the 2nd year onwards, 1.5% of the revolving loan amount (minimum HK$200) will be levied per annum.

5.

Professionals can apply for a higher loan amount subject to the discretion of the Bank. For details, please contact our branch staff. Professionals as defined by the Bank include: registered architects, chartered accountants, chartered surveyors, dentists, medical doctors, pharmacists , chartered engineers and chartered lawyers.

6.

In order to be eligible for the credit limit of up to 8 times of monthly salary, customer must provide bank account information under “Direct Credit Authorization” section of the application form. Regardless of the final approved amount of credit limit, the Bank shall upon the facility being approved, immediately draw down the full amount of approved credit limit and credit to the designated account provided by the customer.

7.

The approval of the final interest rate and loan amount are subject to the financial condition of customer.

8.

HK$200 PARKnSHOP Cash Coupon (“Promotion Offer”) is only applicable to customers who have successfully applied the Cashline Revolving Loan during the Promotion Period (valid from now until 31 August 2010), and draw down the full amount of approved credit limit when setting up the Cashline Revolving Loan Account (“Cashline Account”). In order to be eligible for the Promotion Offer, customers must maintain an average loan balance of 50% or above of the approved credit limit within 1 month from the Cashline Account set up date. Redemption Letter for PARKnSHOP Cash Coupon will be sent to customer by mail within 2 months after Cashline Account opening. The use of PARKnSHOP Cash Coupon is subject to its "Terms and Conditions". Any enquires should be made to PARKnSHOP directly.

9.

The Bank has the absolute discretion in approving the loan applied by the customer and in determining the eligibility of the customer for the Promotion Offer.

10.

The Bank reserves the right to vary the Terms and Conditions, change or terminate the Promotion Offer. In the event of disputes, the decision of the Bank shall be final and conclusive.

11.

If there is any inconsistency or conflict between the English and Chinese versions of these Terms and Conditions, the English version shall prevail.

12.

The daily interest calculation of Cashline is based on the loan amount requested and promotional rate for the 1st 6 months. For details, please refer to the Cashline interest rate table.

 
* For details of Online Application Promotion Terms and Conditions, please click.
 

 

Remark:

The Bank reserves the right to terminate the loan offer at any time and final approval of the loan application. The approval of the final interest rate and loan amount is subject to the financial condition of customer.

 

Personal Information Collection (PIC)

DBS Bank (Hong Kong) Limited safeguards your data in accordance with applicable Hong Kong laws.

We only use the data we collect in accordance with our Data Policy which explains the data collection purposes, the persons to whom we may transfer data, your data access and correction rights and how you may contact our Data Protection Officer.

Additional Information

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