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: $10,000

Interest rate you are paying 26% p.a.
Processing fee $0
Tenure 12 Months
Interest amount to pay S$2,600 per year
Balance transfer amount

OCBC Balance Transfer amount: $10,000

Interest rate you are paying 4.98% p.a.
Processing fee S$0 (one-time processing fee waived)
Tenure 12 Months
Interest amount to pay S$498 per year interest savings


Extra Cash on hand
Get extra cash for your well-deserved holiday, home-makeover or investment plan.

Flexible repayment
Pay as low as S$50 or 3% of your total outstanding balance, whichever is higher.

Enjoy interest savings
Consolidate other bank’s outstanding balance with OCBC Balance transfer.

Rates and Tenures

Loan amount:


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

Repayment Period 3 months 6 months 9 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. 5.18% p.a. 4.98% p.a.