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Features & Benefits

Low Interest Rates Attractive Cashback Promotion Zero Fees Instant Disbursement Generous Credit Line
Low Interest Rates
Attractive Cashback Promotion
Zero Fees
Instant Disbursement
Generous Credit Line

Interest & Tenure

Convert your credit card’s available limit into personal instalment loan, with loan amount S$1,000 and above.


Tenure (Years)

New-To-Bank Promotion Existing Customers

Interest Rate (p.a)

Effective Interest Rate (p.a.)

Interest Rate (p.a) Effective Interest Rate (p.a.)

1

3.50%

6.40%

4.50%¹ 8.21%

2

6.58%

8.41%

3

3.00%*

5.68%

8.41%

4

5.67%

8.36%

5

5.64%

8.29%

CashLite Cashback Promotion

Get Cashback of up to S$1,000^ based on below qualifying approved loan amount and tenure, for limited time only.


Loan Tenure

Approved Loan Amount Cashback Earned

3, 4 or 5 years

S$5,000 ≤ S$8,000

S$50

S$8,000 ≤ S$15,000

S$100

S$15,000 ≤ S$50,000

S$200

≥ S$50,000

S$1,000

Savings From CIMB CashLite

Interest and Savings

Amount (S$)

Interest Payable at 25.9% p.a. with other credit cards for 12 months

S$2,590

Interest Payable with CIMB CashLite Personal Instalment Loan for 12 months

S$350

YOU SAVE (86%)

S$2,240

Repayment Table


New-to-Bank Promotion

Estimated Monthly Repayments
 

12 Months

24 Months 36 Months 48 Months 60 Months
CashLite Flat interest rate#

3.5% p.a.

(EIR = 6.40%p.a.)

3.5%

(EIR = 6.58%p.a.)

3.0%

(EIR = 5.68%p.a.)

3.0%

(EIR = 5.67%p.a.)

3.0%

(EIR = 5.64%p.a.)

 S$1,000

 $86.25

 $44.58

 $30.28

 $23.33

 $19.17

S$5,000

 $431.25

 $222.92

 $151.39

 $116.67

 $95.83

S$15,000

 $1,293.75

 $668.75

 $454.17

 $350.00

 $287.50

S$30,000

 $2,587.50

 $1,337.50

 $908.33

 $700.00

 $575.00

#The payable flat interest rate / payable facility charge is at 3.5% p.a. for 12 months and 24 months, and 3.0% p.a. for 36 months, 48 months and 60 months. The respective effective interest rate (EIR) is at 6.40% p.a. for 12 months, 6.58% p.a. for 24 months, 5.68% p.a. for 36 months, 5.67% p.a. for 48 months and 5.64% p.a. for 60 months. EIR is the expression of the equivalent to the flat interest rate / payable facility charges quoted above using compounding and on an annualised interest rate / payable facility charges basis. 

Get extra cash at lowest interest rate of 3.5%³ p.a.

Exclusively for new to bank customers.

CIMB CashLite Promotion

How to Apply

Apply online

Apply for CIMB Visa Signature online for 1-day approval and we will be in touch with you about your loan application.

 

Enter promotion code: "CASHLITE" in the online application form.

 

Apply Now

Apply via SMS

SMS:

CASHLT<space>Web<space>Full Name (e.g. CASHLT Web John Lee) to 72008.

Let us call you

Leave your contact details and our sales agent will get in touch with you within 1 working day.

 

Enter "CASHLITE" in the Message field.

 

Let Us Call You

Let us call you

Leave your contact details and our sales agent will get in touch with you within 1 working day.

 

Enter "CASHLITE" in the Message field.

 

Let Us Call You

Apply via SMS

SMS:

CASHLT<space>Web<space>Full Name (e.g. CASHLT Web John Lee) to 72008.

Other Promotions

Eligibility

Singaporean and Singapore PR: S$30,000

 

Applicable for the following credit cards for existing Cardmembers:

 

For new customers, a CIMB Visa Signature will be issued to facilitate the loan.

 

Fees & Charges

  • Monthly instalment payable must be paid in full together with any outstanding overdue amount from the previous statement. 
  • 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 charge: S$100 will be charged 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.
    • Interest: 2.158% per month (effective interest rate 25.9% 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 25.9% 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.

 

For the full CIMB CashLite Personal Instalment Loan Fees & Charges, click on the link below:

Terms & Conditions

*Only applicable to New-to-Bank customers who apply for CIMB CashLite Personal Instalment Loan with minimum approved loan amount of S$1,000 and above. Terms and conditions governing the CIMB CashLite Personal Instalment Loan – NTB Interest Rate and Cashback Promotion 2022 apply. Please click here for full terms and conditions

 

^Only applicable for CashLite Personal Instalment Loan applications submitted via CIMB website with minimum loan tenure of 3 years and approved loan amount of S$5,000 or more. Terms and conditions governing the CIMB CashLite Personal Instalment Loan – NTB Interest Rate and Cashback Promotion 2022 apply. Please click here for full terms and conditions.


1Your 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 after your CIMB Credit Card’s approval. 
 

2Instant Loan Disbursement is subject to the approval of your CIMB CashLite Personal Instalment Loan application. 


**Terms & Conditions apply for the other promotions. Please refer to the respective pages for the full details.

 

Please note the minimum loan amount is S$1,000 and you may be granted up to a maximum of 90% of your credit limit. 


For all Terms & Conditions for the CIMB CashLite Personal Instalment Loan, you can learn more by clicking on the links below: