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CashWise gives you upfront cash and allows you to pay back in instalments!
You can use CashWise for:
- Your road tax, income tax or any other taxes
- A downpayment for your dream car
- Your well deserved vacation
- Other expenses
CashWise is the best way to get cash:
- Pay absolutely no interest on the loan amount*
- Have cash deposited upfront into your bank account
- Repay only the loan amount*
- Fixed monthly repayment amount means peace of mind for you
* The minimum requested amount shall not be less than S$500. The total request amount plus the utilised amount on your Credit Card Account(s) must not exceed 90% of your assigned credit limit, excluding credit balances.
This table shows you the simple monthly instalments for a 12-month plan:
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Requested Amount
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You Receive**
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Monthly Instalment
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S$500
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S$475
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S$41.67
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S$6,000
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S$5,700
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S$500
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Figures have been simplified for illustration purposes.
**A one-time processing fee of 5% of the approved amount is applicable and the amount disbursed to your bank account represents the approved amount after deducting the processing fee. The first instalment may differ from subsequent instalments due to rounding.
Here is an example of how much you can save if an amount of S$12,000 is disbursed into your bank account:
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Other Cash InstalmentPlans
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OCBC CashWise
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Interest Payable
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S$9991
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S$0
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Processing Fee
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S$120
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S$600
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Your Savings2
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S$519 or 46%
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Figures have been simplified for illustration purposes.
1 Interest is computed based on 8.24% p.a. on S$12,120.
2 Savings when comparing to interest of 8.24% p.a. with 1% processing fee on other Cash Instalment plans.
Click here to apply by 30 September 2008 to enjoy this offer!
Please fax the completed application form to 6530 1568 or you can mail it to us at:
Oversea-Chinese Banking Corporation Limited
Credit Cards CashWise
18 Church Street
#05-00 OCBC Centre South
Singapore 049479
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