OCBC Balance Transfer

Get fuss-free cash
whenever you need it


  • 21 years old and above
  • For Singaporean / Singapore PR: Annual Income of S$20,000 and above
  • For Foreigner: Annual income of S$45,000 and above
Apply now

What is Balance Transfer

OCBC Balance Transfer allows you to convert the available limit on your credit card or EasiCredit account to cash and enjoy interest savings. Now you can get extra cash for the things you need without the stress of high interests.

Online Exclusive


Get up to S$320 Cashback when you apply for a 12-month Balance Transfer Online!

Every S$8,000 Balance Transfer approved entitles you to receive S$80 Cashback. Valid till 31 Oct 2018, capped at S$320 Cashback per customer.

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Not an existing Online Banking customer? Click here to apply.

Terms and Conditions apply


No interest, low processing fee
Enjoy 0% interest with a one-time processing fee from as low as 1.80% (EIR 7.22% p.a.)

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

Rates and Tenures

  3 months 6 months 12 months
Applied Interest Rate 0% p.a.
Processing Fee 1.80% 2.50% 4.50%
Effective Interest Rate (EIR) 7.38% p.a. 5.34% p.a. 5.20% p.a.

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

OCBC Balance Transfer
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

OCBC Balance Transfer Savings

OCBC Balance Transfer Mobile