Name of the Organization : POSB Bank
Type of Facility : Pay Other Bank’s Credit Card & CardShield Prime
Country: Singapore
Website :
http://www.posb.com.sg/personal/cards/card-services/pay-other-banks-credit-cards
https://www.posb.com.sg/personal/default.page
Pay Other Bank’s Credit Card :
Login to your iBanking account to pay your Visa or MasterCard Credit Card bill from any Singapore bank free of charge.
Related : POSB Bank Credit Cards Balance Transfer Singapore : www.statusin.org/6237.html
Benefits:
Convenience: Access iBanking or mBanking 24/7 to pay your bills. Payment is usually received within three working days depending on the issuer bank.
Simplicity: Pay your bills in just 3 simple steps. All you need is your non-DBS/POSB Visa or MasterCard card number.
Security: All transactions are backed by DBS Money Safe Guarantee.
No costs: This service is free.
How to Make Payment:
Start paying your Credit Card bills
Login now: https://internet-banking.dbs.com.sg/posb
CardShield Prime:
Enjoy greater assurance and protection with CardShield Prime now!
Unfortunate circumstances sometimes affect us all, and the last thing you need in addition to medical bills, is an outstanding amount on your Credit Card. That’s why we have CardShield Prime to help ease the financial burden on you and your family.
Comprehensive coverage:
Up to S$100,000 outstanding balance upon diagnosis of critical cancer* or
terminal illness NEW
Up to S$200,000 outstanding balance in the event of accidental death
Up to S$100,000 outstanding balance in the event of death or total permanent disability
Affordable Premium:
Pay based on what you spend with a low premium of only S$0.49 for every S$100 on your monthly outstanding balance.
How to Apply:
Existing POSB Credit Cardholder? Mail or Fax to (+65) 67821063
Apply now: https://www.statusin.org/uploads/6238-cardshield_prime_onlineform%28june2014%29.pdf
Upgrade from CardShield to CardShield Prime? Mail or Fax to (+65) 67821063
Upgrade now: https://www.statusin.org/uploads/6238-cardshield_cashshield_upgrade_onlineform%28june2014%29.pdf
Visit any of our branches
FAQs :
How long do I get interest-free on purchases?
You will have 20 interest-free days to make payment before your next Statement of Account is generated.
After which, if you have not made full payment by the payment due date, you will be billed for interest, calculated daily from the date your transaction(s) were posted to your card account until full payment is received, subject to a minimum S$2.50.
Are there fees if I don’t pay?
For partial payment or non-payment by the due date, there will be Finance Charges at 25.90% per annum levied. Finance charges are calculated daily from the date each transaction is posted to your card account until full payment is received.
A minimum finance charge of S$2.50 is applicable. A late payment charge of S$100 will be levied if minimum payment is not received by the payment due date, provided your outstanding balance is above S$50.
How can I avoid paying interest and fees?
** If you pay your credit card balance in full each month by the due date.
** If you pay the minimum amount each month by the due date, you can avoid late payment charges.
I damaged my card, how do I get a replacement?
You can call our 24-hour Customer Service Centre on 1800 111 1111 to request for a replacement card. Most cards are free however for some there is a small fee, for example, an ATM Card / Enhanced ATM Card costs S$5 to replace.