Apply for POSB Balance Transfer

Get quick access to cash to handle what you need urgently with Balance Transfer at 0% interest rate for up to 12 months.

Part of: Guides > Your Guide to digibank

Important information

  • Who will be eligible to apply:
    1. Singaporeans / Permanent Residents / Foreigners who are existing DBS Credit Card / Cashline customers
    2. 21 to 75 years old
  • Balance Transfer Application may only be made in respect of a personal Credit Card by the principal cardholder or in respect of a personal Cashline account.
  • Minimum Transfer Amount: S$500
  • Maximum Transfer Amount: Up to 93% of the available credit limit at the time of application. For DBS Insignia customer, the maximum amount should not exceed S$200,000 or 93% of the available Credit Limit, whichever is lower.
  • Approved Balance Transfer funds will be transferred from customer’s Credit Card / Cashline account into DBS/POSB deposit account.
  • DBS points or rewards will not be awarded for Balance Transfer Application.
Refer here for the full Terms & Conditions regarding POSB Balance Transfer

How to Apply for POSB Balance Transfer

There are various channels which you may apply for POSB Balance Transfer with us. The most convenient method would be via digibank mobile.

Customer Group Application Channel(s)
Singaporeans & Permanent Residents DBS digibot / digibank mobile / digibank online / Online Form
Foreigners DBS digibot
DBS digibot
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1
Step 1
Tap to launch digibot and tap Yes to apply Balance Transfer.
2
Step 2
Tap Authenticate me and select Cashline.
3
Step 3
Tap Select on the Cashline Account and tap Other Amount.
4
Step 4
Enter your desired amount and select your preferred tenure.
5
Step 5
Select the account for disbursement.
6
Step 6
Verify your application details and read through the Balance Transfer Terms and Conditions before you tap Submit.
Launch our DBS digibot now!
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slider
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1
Step 1
Tap to launch digibot and tap Yes to apply Balance Transfer.
2
Step 2
Tap Authenticate me and select Credit Card.
3
Step 3
Tap Select on your preferred Credit Card and tap Other Amount.
4
Step 4
Enter your desired amount and select your preferred tenure.
5
Step 5
Select the account for disbursement.
6
Step 6
Verify your application details and read through the Balance Transfer Terms and Conditions before you tap Submit.
Launch our DBS digibot now!
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1
Step 1
Log in to digibank mobile with your Touch / Face ID or digibank User ID & PIN.
2
Step 2
Tap More. Under Apply, tap Balance Transfer.
3
Step 3
Tap Close after reading the notification.
4
Step 4
Input your loan amount.
Tap Balance Transfer Offer to select your preferred tenure.
Select the account for your loan disbursement.
Tap Next.
5
Step 5
Review your application and tap Apply Now.
Get the latest POSB digibank mobile app now!
phone frame
slider
slider
slider
slider
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1
Step 1
Log in to digibank mobile with your Touch / Face ID or digibank User ID & PIN.
2
Step 2
Tap More. Under Apply, tap Balance Transfer.
3
Step 3
Tap Close after reading the notification.
4
Step 4
Input your loan amount.
Tap Balance Transfer Offer to select your preferred tenure.
Select the account for your loan disbursement.
Tap Next.
5
Step 5
Review your application and tap Apply Now.
Get the latest POSB digibank mobile app now!
laptop
slider
slider
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1
Step 1
Log in to digibank online with your User ID & PIN.
2
Step 2
Complete the Authentication Process.
3
Step 3
Under Apply, click More Application Services.
4
Step 4
Under Cards & Cashline Application and Services, click Balance Transfer.
5
Step 5
Input your Loan Amount.
Select Balance Transfer Offer to choose your preferred tenure.
Select the account for your loan disbursement.
Click Next.
6
Step 6
Review your application and click Submit.
Already a digibank user?

Forgot User ID or PIN

Not yet a digibank user?

For customers with ATM/Debit/Credit Card

laptop
slider
slider
slider
slider
slider
slider
1
Step 1
Log in to digibank online with your User ID & PIN.
2
Step 2
Complete the Authentication Process.
3
Step 3
Under Apply, click More Application Services.
4
Step 4
Under Cards & Cashline Application and Services, click Balance Transfer.
5
Step 5
Input your Loan Amount.
Select Balance Transfer Offer to choose your preferred tenure.
Select the account for your loan disbursement.
Click Next.
6
Step 6
Review your application and tap Submit.
Already a digibank user?

Forgot User ID or PIN

Not yet a digibank user?

For customers with ATM/Debit/Credit Card

laptop
slider
slider
slider
slider
1
Step 1
Launch our Online Form and select Use my Card and PIN.
2
Step 2
Complete the Authentication Process and click Submit.
3
Step 3
Input your loan amount.
Under Balance Transfer Offer to select your preferred tenure.
Select the account for your loan disbursement.
Click Continue.
4
Step 4
Verify your details and click Submit.
Apply for Balance Transfer
laptop
slider
slider
slider
slider
1
Step 1
Launch our Online Form and select Use my Card and PIN.
2
Step 2
Complete the Authentication Process and click Submit.
3
Step 3
Input your loan amount.
Under Balance Transfer Offer to select your preferred tenure.
Select the account for your loan disbursement.
Click Continue
4
Step 4
Verify your details and click Submit.
Apply for Balance Transfer
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