DCA$H
For whatever you desire, DCA$H offers you the extra cash hassle-free to make your dreams come true, such as having the perfect wedding, making those profitable investments, pursuing higher education or renovating your dream home.
DCA$H for Charge/Credit Cardmembers
You can choose to repay your DCA$H amount in affordable fixed monthly repayment over 1, 2 or 3 years, offering you the financial flexibility you need.
| Monthly Repayment For Credit / Charge Cardmembers | |||||
|---|---|---|---|---|---|
| Month | Interest Rate | Effective Interest Rate | $5,000 | $10,000 | $20,000 |
| 12 | 6.48 | 12.42% | $ 443 | $ 887 | $ 1,774 |
| 24 | 6.58 | 12.91% | $ 253 | $ 471 | $ 943 |
| 36 | 6.78 | 13.19% | $ 167 | $ 334 | $ 668 |
| One-Time Processing Fee: S$180.00 | |||||
Repayment Computation:
| For a $5,000 DCA$H amount with a 1-year tenure: | |
|---|---|
| Interest at 6.48% p.a. | $324 |
| Total Amount Payable | $5,324 |
| First Month Repayment | $451 |
| Subsequent Monthly Repayments | $443 * |
| *The cents in all subsequent monthly repayments will be summed up and billed in the first month repayment. | |
DCA$H for $500 Limit Credit Cardmembers:
You can repay your DCA$H amount in affordable fixed monthly repayment over 1 year.
| Monthly Repayment For $500 Limit Credit Cardmembers | |||||
|---|---|---|---|---|---|
| Tenure | $100 | $200 | $300 | Flat Interest Rate (per annum) | Effective Interest Rate (per annum) |
| 1 Year | $9 | $18 | $28 | 12.58% | 25.05% |
| One-Time Processing Fee: S$15.00 | |||||
Repayment Computation:
| For a $100 DCA$H amount with a 1 year tenure: | |
|---|---|
| Interest at 12.58% p.a. | $12.58 |
| Total Amount Payable | $112.58 |
| First Month Repayment | $13.58 |
| Subsequent Monthly Repayments | $9.00 * |
| * The cents in all subsequent monthly repayments will be summed up and billed in the first month repayment. | |
Frequently Asked Questions
DCA$H is a combined facility that allows you to obtain cash advances and repay the cash advances by way of instalments, in accordance with the terms and conditions.
- No guarantor needed
- No PIN to remember
- No security or collateral required
- Direct bank-in to your designated personal bank account
No, just simply complete and submit the application form.
Online application will take 2-3 working days from approval to fund disbursement, for mail-in application it will be take around 7 working days upon receipt of application.
For Charge and Credit cardmembers, the minimum amount is S$500 and the maximum amount is up to 90% of the total combined credit limit; subject to the credit balance at the time of approval.
For S$500 Limit Credit cardmembers, the minimum amount is S$100 and the maximum amount is S$300, subject to the credit balance at the time of approval.
The eligible age criteria is between 21 and 65 years old.
For Charge and Credit cardmembersa processing fee of S$180 will be charged and debited to your Card Account upon disbursement of the approved amount. In addition, DCA$H p.a interest of 6.48% (12.42% effective interest rate) for 12-month repayments, 6.58% (12.91% effective interest rate) for 24-month repayments and 6.78% (13.19% effective interest rate) for 36-months repayment, applies.
For S$500 Limit Credit cardmembers, a processing fee of S$15 will be charged and debited to your Card Account upon disbursement of the approved amount. In addition, DCA$H interest of 12.58%p.a. (25.05% effective interest rate) applies.
DCA$H is billed to your account in 12, 24 or 36 month instalments which you have signed up. The instalment amount is payable in full upon the due date stated in your DCS's Statement of Account. For easy calculation, the cents will be rounded up and charged in the first instalment. Each instalment will be treated in the same manner as a charge arising from a Card Transaction in respect of your Card Account, of which DCS will send you monthly statement and is payable in accordance with the terms and conditions of the Card Account.
Your first repayment will be debited to your Card Account upon disbursement of the DCA$H amount to your bank account.
Currently, we are unable to arrange for a cheque to be issued to you. The funds can only be deposited to your own personal bank account and not to any other third party account.
The available overall limit on your Card Account will be provisionally reduced by blocking out the approved DCA$H amount, plus the processing fee. This will be progressively restored by the monthly repayment amount received by DCS.
Yes, however any early repayment and/or account cancellation is subject to an Early Repayment Fee of S$150 for Charge and Credit cardmembers and S$15 for S$500 Limit Credit cardmembers. The balance repayment amount outstanding including full interest shall immediately become due and payable.
No, Club Rewards Points are not awarded for DCA$H withdrawal.
DCA$H Terms & Conditions
DCash Terms & Conditions for DCS Credit / Charge Cardmembers- Any Personal Basic/Principal Cardholder of DCS Card Centre Pte. Ltd. (“DCS”), whose Card Account is current and in good standing as determined by DCS, may apply for DCA$H. For avoidance of doubt, no Club Rewards points or rebates will be awarded for any advances. The eligible age criterion is between 21 and 65 years.
- A DCA$H application will be processed for advances from S$500 up to 90% of the combined Credit Limit, subject to the DCA$H amount not exceeding the available Credit Limit at the time of approval. If the DCA$H amount would exceed the available Credit Limit at the time of approval, DCS will determine the amount to be advanced at its absolute discretion and its decision is final.
- DCS may approve or reject an application at its absolute discretion without assigning any reason. This includes an application which does not satisfy the criteria in paragraphs 1 and 2.
- If DCS approves an application, it will endeavour to credit the amount advanced directly into the bank account as stated in the application form within seven (7) working days from the date of approval.
- A non-refundable Processing Fee of S$180 will be allocated to the Cardholder's Card Account following disbursement of the advance.
- The Cardholder shall elect in his/her application to DCS, a tenure of twelve (12), twenty-four (24) or thirty-six(36) for the payment of the DCA$H amount. That is the DCA$H tenure.
- Interest is calculated on the amount advanced for the DCA$H tenure using a flat rate method. The DCA$H interest rate is 6.48% p.a. for 12-month repayments, 6.58% p.a. for 24-month repayments and 6.78% p.a for 36-month repayment. Effective interest rates are 12.42% p.a. for 12-month repayments, 12.91% p.a. for 24-month repayments and 13.19% repayments for 36-month repayments.
- The DCA$H amount is the total of the amount advanced and that DCA$H interest which is payable for the DCA$H tenure.
- If the Cardholder has a credit card, the full DCA$H amount is allocated to the Cardholder's Card Account when the advance is made. When allocated to the Card Account the DCA$H amount and the Processing Fee are part of the Total Indebtedness. The Total Indebtedness must not exceed the Credit Limit. As payments are received by DCS the Total Indebtedness will be reduced which restores the available Credit Limit which the Cardholder can use in accordance with the Credit Card Terms and Conditions.
- If the Cardholder has a charge card, the Credit Limit is reduced by the DCA$H amount. As instalments are allocated to the Cardholder's Card Account in accordance with paragraph 13 the Credit Limit is restored.
- The DCA$H amount can be paid over the DCA$H tenure by monthly instalments. Those instalments will be equal except cents will be rounded up and included in the first instalment. The first instalment and the Processing Fee are due on the Payment Due Date specified on the first monthly statement which is issued after the advance was made. The second and subsequent instalments are due on the Payment Due Dates specified on the corresponding statements. If the first instalment and the Processing Fee are paid on or before the first of those Payment Due Dates and each subsequent instalment is paid on or before its Payment Due Date the interest charge will not be levied under the relevant DCS Card Terms and Conditions on the DCA$H amount or the Processing Fee so long as the Current Balance shown on the preceding monthly statement was paid on or before the stated Payment Due Date. The Cardholder cannot change the DCA$H tenure or the instalments.
- If the Cardholder has a credit card and the DCA$H amount and the Processing Fee are not paid in accordance with paragraph 11 the Cardholder must pay them, together with other amounts comprising the Total Indebtedness, by paying at least the Minimum Payment shown on each monthly statement. The daily balance of the instalment which could have been paid under paragraph 11 and the Processing Fee will accrue the interest charge which is levied under the Credit Card Terms and Conditions from the date DCS posts the instalment or Processing Fee to the Cardholder's Card Account. DCS can appropriate the payments between the DCA$H amount, the Processing Fee and other amounts comprising the Total Indebtedness in its absolute discretion.
- If the Cardholder has a charge card the first monthly instalment under paragraph 11 will be allocated to the Cardholder's Card Account when the advance was disbursed and the subsequent instalments will be allocated on or about the same day in each following month. The Cardholder must pay the full Current Balance shown on each monthly statement on or before the stated Payment Due Date. That balance will, on the first monthly statement issued after the advance was made, include the first instalment and the Processing Fee and will, on the subsequent monthly statements, include the subsequent instalments. If the required payment is not made the interest charge which is levied under the Charge Card Terms and Conditions will accrue. In the case of an instalment or Processing Fee it accrues from the day it was allocated until it is paid.
- If the Cardholder has a credit card he / she may at any time elect to make full payment of the Total Indebtedness (which includes the balance of the DCA$H amount) or pay an amount which is greater than the Minimum Payment. If the Cardholder has a charge card he / she may at any time elect to pay the balance of the DCA$H amount. In either case there is no reduction in the DCA$H amount which must be paid and the Cardholder is not entitled to a Rebate of the interest and/or processing fee. If DCS makes demand for payment of the Total Indebtedness (if the Cardholder has a credit card) or for payment of the outstanding balance of the DCA$H amount (if the Cardholder has a charge card) or the Cardholder's Card Account is terminated by either the Cardholder or DCS for any reason the balance of the DCA$H amount will become immediately due and payable. If the DCA$H amount is paid or becomes due and payable earlier than would be required by the instalments specified in paragraph 11 the Cardholder must pay an Early Repayment Fee of S$150.
- DCS is entitled, from time to time, in its absolute discretion, to vary these terms and conditions, including the interest rates, the basis of calculation of all interest and fees payable, without notice and without giving any reason.
- When an advance is made the relevant DCS Card Terms and Conditions and these terms and conditions both apply, unless there is an inconsistency, in which case these terms and conditions apply to the DCA$H advance.
- Any DCS International S$500 Limit Cardholder of DCS Card Centre Pte. Ltd. (“DCS”), whose Card Account is current and in good standing as determined by DCS, may apply for DCA$H. No Club Rewards points or rebates will be awarded. The eligible age criterion is between 21 and 65 years.
- A DCA$H application will be processed for advances from S$100 up to S$300. This is subject to the DCA$H amount not exceeding the available Credit Limit at the time of approval. If the DCA$H amount would exceed the available Credit Limit at the time of approval, DCS will determine the amount to be advanced at its absolute discretion and its decision is final.
- DCS may approve or reject an application at its absolute discretion without assigning any reason. This includes an application which does not satisfy the criteria in paragraphs 1 and 2.
- If DCS approves an application, it will endeavour to credit the amount advanced directly into the bank account as stated in the application form within seven (7) working days from the date of approval.
- A non-refundable Processing Fee of S$15 will be allocated to the Cardholder's Card Account following disbursement of the advance.
- Interest is calculated on the amount advanced using a flat fee method. The DCA$H interest rate is 12.58% p.a. The effective interest rate is 25.05% p.a.
- The DCA$H amount is the total of the amount advanced and that DCA$H interest which is payable for twelve (12) months.
- The full DCA$H amount is allocated to the Cardholder's Card Account when the advance is made. When allocated to the Card Account the DCA$H amount and the Processing Fee are part of the Total Indebtedness. The Total Indebtedness must not exceed the Credit Limit. As payments are received by DCS the Total Indebtedness will be reduced which restores the available Credit Limit which the Cardholder can use in accordance with the Credit Card Terms and Conditions.
- The DCA$H amount can be paid by twelve (12) monthly instalments. Those instalments will be equal except cents will be rounded up and included in the first instalment. The first instalment and the Processing Fee are due on the Payment Due Date specified on the first monthly statement which is issued after the advance was made. The second and subsequent instalments are due on the Payment Due Dates specified on the corresponding statements. If the first instalment and the Processing Fee are paid on or before the first of those Payment Due Dates and each subsequent instalment is paid on or before its Payment Due Date the interest charge will not be levied under the Credit Card Terms and Conditions on the DCA$H amount or the Processing Fee (even though they are part of the Total Indebtedness) so long as the Current Balance shown on the preceding monthly statement was paid on or before the Payment Due Date. The Cardholder cannot change the instalments.
- If the DCA$H amount and the Processing Fee are not paid in accordance with paragraph 9 the Cardholder must pay them, together with other amounts comprising the Total Indebtedness, by paying at least the Minimum Payment shown on each monthly statement. The daily balance of the instalment which could have been paid under paragraph 9 and the Processing Fee will accrue the interest charge which is levied under the Credit Card Terms and Conditions from the date DCS posts the instalment or Processing Fee to the Cardholder's Card Account. DCS can appropriate the payments between the DCA$H amount, the Processing Fee and other amounts comprising the Total Indebtedness in its absolute discretion.
- The Cardholder may at any time elect to make full payment of the Total Indebtedness (which includes the balance of the DCA$H amount) or pay an amount which is greater than the Minimum Payment but there is no reduction in the DCA$H amount which must be paid and the Cardholder is not entitled to a Rebate of the interest and/or processing fee. If DCS makes demand for payment of the Total Indebtedness or the Cardholder's Card Account is terminated by either the Cardholder or DCS for any reason the balance of the DCA$H amount will become immediately due and payable. If the DCA$H amount is paid or becomes due and payable earlier than would be required by the instalments specified in paragraph 9 the Cardholder must pay an Early Repayment Fee of S$15.
- DCS is entitled, from time to time, in its absolute discretion, to vary these terms and conditions, including the interest rates, the basis of calculation of all interest and fees payable, without notice and without giving any reason.
- When an advance is made the Charge Card Terms and Conditions and these terms and conditions both apply, unless there is an inconsistency, in which case these terms and conditions apply to the DCA$H advance.