Cash-on-Instalments

Tap on your unused credit limit and receive up to $3,888 cashback!

Why you will love this

Turn your unused credit limit into cash, without the need for additional income documents

Repay with fixed instalments over 12 to 60 months

Interest rates from as low as 3.50% per annum (EIR 6.96% per annum)

Who can apply

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

 
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Current promotion Usher in the new year with up to $3,888 cashback when you apply for Cash-on-Instalments online!
Find out more

Best for those who prefer to pay a fixed sum every month.

Loan calculator

Key in the amount you would like to convert to Cash-on-Instalments and select your loan tenure to see how much you have to repay monthly.

Calculate your monthly repayment

I would like to pay the yearly premium for 0

1 year

5 years

For loans with less than 1 year in repayment schedule, please check out Balance Transfer.

Total amount you need to pay

$0

Loan amount

+

$0

One-time processing fee (0% of approved amount)

+

$0

0% interest p.a. (EIR: 0%)

=

$0

Total repayment amount*

*Actual rates may differ from what is shown during the application.

How you will repay the loan

Month 1

You have a total repayment amount of $0 over 0 with fixed monthly instalments.

Month 0

You will need to pay $0 every month for 0 year.

^This is the indicative amount for the first month.

^This is the indicative amount for the first month.

If your loan tenure has expired, the interest rate will return to the prevailing interest rates and fees of OCBC Credit Cards Fees or EasiCredit.

Month 1

Month 0

promotion

Cash-on-Instalments Promotion

Usher in the new year with up to $3,888 cashback when you apply for Cash-on-Instalments online!

Enjoy up to 2% cashback on your approved loan with loan tenure of 36, 48 or 60-months (capped at $3,788).

Get an additional $100 cashback if you are new to Cash-on-Instalments.

Find out more

Valid till 31 March 2023.
Terms and conditions apply.

How it works

Here’s an illustration of what will happen if you were to take out a loan from your existing EasiCredit or credit card account.

1

Your existing Credit Card or EasiCredit account
You hold a Credit Card or EasiCredit account with a total credit limit of $10,000

2

Loan from your existing Credit Card or EasiCredit Account
You take a Cash-on-Instalments of $4,000 for 24 months tenure at 3.5% interest per annum with a one-time 1% processing fee.

3

Remaining available credit limit
After deducting your loan of $4,000, $280 interest charges (3.5% per annum) and the one-time processing fee of $40 (1% of loan amount), you now have $5,680 of available credit.
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WAYS TO APPLY

Apply for Cash-on-Instalments today

An EasiCredit account or OCBC Credit Card is required to apply for Cash-on-Instalments.

With access to OCBC Internet Banking

or

No access to OCBC Internet Banking

Do not have access to your OCBC Internet Banking account? Contact our 24 hours hotline at +65 6363 3333 to apply.

Application for EasiCredit account

1
Apply for an EasiCredit account. Terms and conditions apply.
2
Once your EasiCredit account is approved, return to this page to apply for Cash-on-Instalments.