To qualify

• Make an additional one-time minimum drawdown of S$33,000 by 31 May 2011 on top
  of your 30 April 2011 outstanding balance and


• Maintain the increased balance¹ till 31 July 2011.

Example
Assume Secured Overdraft Interest Rate: 6% per annum.

Incremental Interest:
S$307.94 – S$49.31 + S$296.54 – S$49.31 + S$84.08 – S$49.31 = S$540.63

33% Cashback:
33% X S$540.63 = S$178.40

Implied interest rate on the additional drawdown from May 2011 to July 2011 will be: 4.02%² per annum (Effective rate is 6% per annum)

This Promotion is for Selected Customers Only!

To find out if you have been selected to enjoy this promotion or simply to find out more, please call our 24-hour Home Loans hotline at 1800 388 2121.

Terms and Conditions apply

Notes

*Cashback Amount: A cashback amount of 33% (“Cashback Amount”) will be paid on the aggregate amount of incremental interest payable on the secured overdraft for the months of May 2011, June 2011 and July 2011 less the total interest payable on the secured overdraft for the month of April 2011 (“April Interest”), as follows:

¹Terms and Conditions apply, for full details please click here

²After 33% cashback, the implied interest rate will be 6% - (33% x 6%) = 4.02% p.a.

³S$10,000 x 6% X 30/365 days

⁴S$10,000 + S$49.31

⁵S$10,000 + S$50,000 + S$49.31

⁶S$60,049.31 x 6% X 4/365 days + S$10,049.31 x 6% X 27/365 days

⁷S$60,049.31 + S$84.08

⁸S$60,133.39 x 6% X 30/365 days

⁹S$60,133.39 x S$296.54

¹⁰S$60,429.93 x 6% X 31/365 days