Cash Instalment Plan

How much cash can I borrow from Cash Instalment Plan?

The maximum amount you can apply for is 95% of your approved credit limit, less any outstanding balance at the time your application is processed. Please note that the approved amount may be less than the amount you applied for. The final approved amount will be determined at our discretion.

Will my credit limit be affected?

Cash Instalment Plan converts available credit limit into cash. The total credit limit will be reduced based on the approved Cash Instalment Plan amount. Your credit limit will be reinstated once you have paid the monthly repayments.

Can I make early repayment?

How we calculate your minimum payment due

Your minimum payment due consists of:

• 100% of the monthly instalment amount for each Cash Instalment and Spend Instalment plan you hold, if any
• 100% of any interest, late fees, annual credit card fees and 'overlimit' fees charged to your account
• 1% of your outstanding balance less the amounts mentioned above
• The excess amount above your credit limit if your account is 'overlimit', or SGD50 (in your account's currency), whichever is greater

If your total outstanding balance is less than SGD50 (in your account's currency), your minimum payment amount will be your total outstanding balance.

How we'll allocate the payment we receive