Remarks
- The preferential interest rate ends on the statement date of the 4th monthly statement.
- In case of any late repayment, the interest rate will automatically be switched to the Delinguent Interest Rate.
- The Prime Rate (“P”) is the Hong Kong Dollar Prime Rate of DBS Bank (Hong Kong) Limited (the “Bank”). The prevailing Prime Rate of the Bank is 5.25%. The interest rate will vary whenever the Prime Rate of the Bank changes. Interest is calculated on the basis of a 365-day year.
- Preferential interest rate is only eligible to new customers for Cashline Revolving Loan (“Cashline”). New customers are defined as persons who have not hold any of Cashline accounts prior to the account opening date of the Cashline accounts
- 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.
- One minute final approval result is applicable to applications via the Bank's website, DBS Loans App or DBS iBanking on Monday to Friday 9am – 12 midnight, Saturday 9am – 1pm and 2pm to 10pm, Sunday noon to 9pm. Customers apply in timeslot that is not mentioned above, we will contact you to follow up your application in next working day.
- The approval of the final interest rate and loan amount is subject to the financial condition of customer. The Bank has the absolute discretion in approving the Cashline Account.
- If there is any inconsistency or conflict between the English and Chinese versions, the English version shall prevail.
If a customer decides to early pay off the loan, customer should assess whether the Early Settlement Administrative Fee outweighs the interest saved. To facilitate the assessment, customer can refer to “Personal Loans FAQ” on the Bank’s website for illustration. For details of such administrative fee, please refer to the Personal Instalment Loan Terms and Conditions.
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.
Apple is not a participant in or sponsor of this promotion. Apple, the Apple logo, iPhone, and iPad are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc. Google Play™ is a service mark of Google Inc. Android™ is a service mark of Google Inc.
The downloading and/or use of the Quick Response Code Reader ("QR Code Reader") is entirely at your sole discretion. The Bank shall not be held liable in any way for any loss (including loss of data) you suffered arising from or in connection with your downloading and/or use of the QR Code Reader.
