Balance Transfer

Get the extra cash you need with OCBC Balance Transfer

Online Exclusive Promotion

Enjoy S$50 cashback for every S$5,000 Balance Transfer approved amount.
Be rewarded with a bonus of S$50 cashback when your approved Balance Transfer amount is S$15,000 and above.
Applicable for 12-month tenure only.

Terms and conditions apply.

How it works

Get extra cash for the things you need without the stress of high interests. Convert the available limit on your credit line or credit card to cash with Balance Transfer. Plus, you can pay off outstanding bills on other banks' credit cards and enjoy interest savings.

No interest, low processing fee

Enjoy 0% interest with a one-time processing fee as low as 1.80% (EIR:7.22% p.a.)

Flexible repayment

Low minimum monthly repayment of 3% or $50 of the total outstanding balance, whichever is greater

Repayment options

  3 months 6 months 12 months
Applied Interest Rate (per year) 0% 0% 0%
Processing Fee 1.80% 2.50% 4.50%
Effective Interest Rate (per year) 7.22% 5.19% 4.99%

Save on interest charges from other banks with OCBC Balance Transfer

Let's say you have an outstanding amount of $7,000 over a 12-month period with Bank X

Current Situation

Your outstanding amount with Bank X : $7,000
Interest rate you are paying (credit cards) : 24% per year
Interest amount to pay Bank X : $1680 per year

After Balance Transfer

Your outstanding amount with OCBC : $7,000
Interest rate you are paying (Balance Transfer) : Interest-free
One-time processing fee : 4.5%
Total amount to pay OCBC : $315

81% Save

balance transfer table

2 ways to apply

For existing OCBC Credit Card/EasiCredit customer

Submit an online application via OCBC Online Banking

Login to online banking


Submit an online application via our online form

For customers without OCBC Credit Card/EasiCredit

Submit an online application via online form

Get us to call you


SMS <2x> to 72222 for more details. We'll call you back within 3 working days.