Tap on your unused credit limit and receive up to $518 cashback!
Get extra cash quickly, without the need for additional income documents
Borrow from your unused credit limit with flexible repayment terms
Singaporean or Singapore PR above 21 years old with an annual income of at least $20,000
Foreigner above 21 years old with an annual income of at least $45,000
Enjoy the flexibility of paying a higher or lower amount each month.
Example: You have an outstanding amount of $7,000 over a 12-month period with Bank X.
Your outstanding amount with Bank X
Your credit card interest rate
26% per annum
What you need to pay Bank X
Your outstanding amount with OCBC
Your interest rate with Balance Transfer
One-time processing fee
What you need to pay OCBC
You saved 81% on interest charges!
- Interest Rate (per annum)
- Nominal interest rate
- Effective Interest Rate (EIR)
- Effective Interest Rate
|Period (months)||3 months||6 months||12 months|
|One-time processing fee||
|Nominal interest rate||0% per annum|
|Effective Interest Rate (EIR)||7.38% per annum||5.34% per annum||5.20% per annum|
|One-time processing fee|
|Nominal interest rate|
|Effective Interest Rate (EIR)|
Here’s an illustration of what will happen if you were to take out a loan from your existing EasiCredit or credit card account.
21 years old
$20,000 and above for Singaporeans and Singapore PRs
$45,000 and above for foreigners
Existing OCBC Credit Card or OCBC EasiCredit account holder
Apply for Balance Transfer today
An EasiCredit account or OCBC Credit Card is required to apply for Balance Transfer.