Flexible Repayment (EasiCredit)

An account that gives you standby cash

You have the flexibility to choose how long and how much to repay the amount you borrow.

Easy access to cash anytime via ATM or cheque

Pay interest only on your outstanding amount at the end of each month

Borrow up to 6x your monthly salary

Take as long as you need to pay back outstanding amount

Quick 1-hour approval at a branch




Eligibility

  • Age 21 and above
  • Annual income S$20,000 and above
  • Singaporeans, Singapore PRs and foreigners
How to apply

How it works

Access your cash loan directly by ATM or cheque

Maximum amount you can borrow

Interest rates

EasiCredit allows you to make flexible repayments with a minimum repayment of as low as 3% a month. You can take as long as you need to make repayments.

If your income is
between S$20,000 to S$29,999

Effective interest rate
29.8
%

Monthly minimum repayment
5
%

of outstanding

amount

or
S$
50

whichever is

higher


If your income is
S$30,000 or more

Effective interest rate
17.95
%

Monthly minimum repayment
3
%

of outstanding

amount

or
S$
50

whichever is

higher


Special promotion

As low as 0% a year with a one-time fee of 1.5% ( EIR 3.23% ) for the first 6 months with Balance Transfer

More details

Consolidate your outstanding debts from other banks on lower interest rates with Balance Transfer.

EasiCredit Balance Transfer

0% a year( EIR 3.23% )
for the first 6 months with a one-time fee of 1.5%



Fees & charges

Annual fee

S$80 (waived for the first year if annual income is S$30,000 and above)

Minimum interest charge

S$5

Returned cheque

S$40 per cheque

Stop cheque via branch / call centre via online / phone banking

S$50

S$30

Late payment fee

If annual income is S$30,000 and above: S$85 – S$125*

If annual income is less than S$30,000: S$80


*Subject to 25% of amount due with minimum charge of S$85 and maximum charge of S$125.


Easy ways to access and manage your EasiCredit account

Online and mobile banking

Track your money

View your account balance online or on-the-go with free apps for iPad, iPhone and Android phones.

100% secure

Guaranteed a full refund of any money lost due to fraud via Online Banking.

Sunday banking and longer opening hours

Full Sunday banking service

At 21 of our branches island-wide.

Longer opening hours

Most of our branches are open till 7pm to serve you better.


3 ways to apply

Online

By mail or fax

Initiate your application online

Dowload application form

Complete the form and mail or fax it to us with copies
of your:
1
NRIC

for Singaporeans and
Singapore PRs

or
EP/WP

employment pass/work permit or student pass and passport for foreigners

2
Income documents
  • Pay slips from the last 6 months (salaried employees) or;
  • CPF contribution history of last 6 months (12 months for self-employed and commission-based earners) or;
  • Latest income tax statement (2 years for self-employed and commission-based earners)

At a branch

Quick 1-hour express approval

(Monday to Friday, before  5pm)

Please bring along:
1
NRIC

for Singaporeans and
Singapore PRs

or
EP/WP

employment pass/work permit or student pass and passport for foreigners

2
Income documents
  • Pay slips from the last 6 months (salaried employees) or;
  • CPF contribution history of last 6 months (12 months for self-employed and commission-based earners) or;
  • Latest income tax statement (2 years for self-employed and commission-based earners)

Find nearest branch to apply
Locate

Get us to call you

OR

SMS <Online> <Name> <NRIC> to 72222

Example: Online (text space) Joe Lim (text space) A1234567B

Sent text message to 72222

We’ll call you back within 3 working days.

Need help

1800 438 3333

or contact us online