OCBC Balance Transfer

Convert your unused credit limit to extra cash with flexible repayments


  • 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
  • You must be an existing OCBC Credit Card or OCBC EasiCredit Holder
Apply now

Current Promotion


Receive up to S$320 cashback when you apply for
Balance Transfer online!

Promotion valid till 31 March 2020.

What is Balance Transfer

OCBC Balance Transfer allows you to convert the unused available limit on your OCBC Credit Card or OCBC 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.

Interest rate you are paying
Processing fee
Interest amount to pay
Credit card outstanding

Outstanding credit card balance with Bank X: $7,000

Interest rate you are paying 26%
Processing fee $0
Tenure 12 Months
Interest amount to pay S$1,820 per year
Balance transfer amount

OCBC Balance Transfer amount: $7,000

Interest rate you are paying Interest-free
Processing fee One-time 4.5%
Tenure 12 Months
Interest amount to pay S$315 per year interest savings


No interest, low processing fee
Enjoy 0% interest with a one-time processing fee for 1 year from as low as 4.5% p.a. (EIR from 5.20% p.a.)

Flexible repayment
Minimal monthly repayment of 3% or S$50 of your total outstanding balance, whichever is higher.

Rates and Tenures

Loan amount:


Please note that the minimum loan amount is S$500.

Repayment Period 3 months 6 months 12 months
Minimum Monthly Repayment S$ 00
Interest rate (per year) 0% p.a. 4.98% p.a.
Processing Fee 1.80%
Effective Interest Rate (EIR) 7.38% p.a. 5.34% p.a. 5.20% p.a. 5.18% p.a.