• CashLite

Low Interest Rates*

 

Enjoy preferential rates with the CIMB CashLite personal instalment loan.

Flexible Loan Tenures

 

Take a 1, 2, 3, 4 or 5 year loan. The choice is yours. The possibilities, endless.

Generous Credit Line

 

Get your financial health up to 100%, with financing of up to 80% of your credit limit.

Instant Loan Disbursement^

Apply now and get your cash instantly!

Loan Amount S$1,000 & Above

Tenure (Years) Interest Rate (% p.a) Effective Interest Rate (% p.a)
1

 

 

 

Enjoy rates as low as 4.50*

8.21
2 8.41
3 8.41
4 8.36
5 8.29

Here's how much you'll save with CIMB CashLite Personal Instalment Loan of S$20,000 for 12 months @ 4.50%* p.a. (EIR: 8.21% p.a.).

Interest & Savings Amount (S$)
Interest Payable at 25% p.a. with other credit cards for 12 months S$5,000
Interest Payable with CIMB CashLite Personal Instalment Loan for 12 months S$900
YOU SAVE (82%) S$4,100
Product Name CIMB Credit Card / CashLite / Debt Consolidation Plan
Interest free period 23 days from statement date if bills are paid in full by the payment due date each month and there is no balance carried forward from the previous statement.
Interest on purchases (where applicable) CIMB Visa Infinite / Signature and CIMB World / Platinum MasterCard/ Debt Consolidation Plan

2.125% per month (effective interest rate 25.5% p.a. subject to compounding if the charges are not repaid in full) on the transaction amount, chargeable on a daily basis from the date of posting until receipt of full payment (minimum charge of S$2.50).

If the minimum payment is not received in full by the payment due date of any Billing Statement, finance charges will be levied at the rate of 2.333% per month (effective interest rate of 28% p.a. subject to compounding) chargeable on a daily basis, on such amounts as are due and owing (subject to a minimum monthly charge of S$2.50 or such other sum as may be determined by the Bank). The finance charges will revert back to the effective interest rate of 25.5% when minimum payment is received in full by the payment due date. Any adjustment or reinstatement of interest rate shall take effect from the date of such Billing Statement immediately following the payment due date of a relevant Billing Statement.

CIMB Classic MasterCard

2.25% per month (effective interest rate 27% p.a. subject to compounding if the charges are not repaid in full) on the transaction amount, chargeable on a daily basis from the date of posting until receipt of full payment (minimum charge of S$2.50).

If the minimum payment is not received in full by the payment due date of any Billing Statement, finance charges will be levied at the rate of 2.333% per month (effective interest rate of 28% p.a. subject to compounding) chargeable on a daily basis, on such amounts as are due and owing (subject to a minimum monthly charge of S$2.50 or such other sum as may be determined by the Bank). The finance charges will revert back to the effective interest rate of 27% p.a. when minimum payment is received in full by the payment due date. Any adjustment or reinstatement of interest rate shall take effect from the date of such Billing Statement immediately following the payment due date of a relevant Billing Statement.
Interest on cash advances 2.333% per month (effective interest rate 28% p.a. subject to compounding on the amount withdrawn and the Cash Advance fee) chargeable on a daily basis from the date of withdrawal until receipt of full payment (minimum charge of S$2.50).
Minimum monthly payment CIMB Credit Cards

3% of the outstanding balance or S$50, whichever is higher, plus any outstanding overdue amount from the previous statement.

CIMB CashLite / Debt Consolidation Plan

Monthly instalment payable must be paid in full together with any outstanding overdue amount from the previous statement. The monthly instalments mentioned above does not apply to minimum payment provisions applicable to normal credit card transactions. If any monthly instalments becomes overdue, interest and late payment charges will be levied on such overdue instalment as well as other overdue amounts in your CIMB Credit Card account in accordance with the Cardmember’s agreement.
Late payment charges S$80 if (i) full payment of the outstanding balance (where the outstanding balance is S$50 or less) is not received by the payment due date; or (ii) if the minimum payment (where the outstanding balance exceeds S$50) specified in the statement is not received by the payment due date.
Annual membership fee Nil
Cash advance fee 6% of the amount withdrawn (minimum charge of S$15).
Early Termination Fee CIMB CashLite / Debt Consolidation Plan

3% of outstanding principal amount or $250, whichever is higher
Fees for foreign currency and cross-border transactions

A fee of 1% is levied by MasterCard or Visa for all transactions:

i) made in foreign currencies and/or

ii) made in Singapore dollars but processed outside Singapore.

Administrative fee of 1.4% is a service charge levied by CIMB Bank Berhad for transactions in foreign currencies (Waived for CIMB Platinum MasterCard and CIMB Visa Signature from 18 Jan 2016).

Dynamic currency conversion fee 1%
Payment hierarchy All payments that are received will be first applied to the outstanding balance that attracts the highest interest rate, and then to the next highest interest bearing balance, and so on.
Lost / Stolen Card Liability S$100 (For details, refer to clause 9 of ABS Guide on 'What You Should Know About Credit Cards' by clicking here.
There may be circumstance in which you have to pay other fees. Please refer to the CIMB Credit Cards Cardmember's Agreement for the full list of terms and conditions.

*Your approved interest rate will be determined based on your risk profile and may differ from the published rate. If you are a new CIMB Credit Cardmember, you will receive a call from CIMB Bank with your approvable rate only after your CIMB Credit Card’s approval. 

 

^Instant Loan Disbursement is subject to the approval of your CIMB CashLite Personal Instalment Loan application. 

 

Please note the minimum loan amount is S$1,000 and you may be granted up to a maximum of 80% of your available credit limit. 

 

For all Terms & Conditions governing the CIMB CashLite, you can learn more by clicking on the links below: