Bank of China MoneyPlus Line of Credit Review

Low minimum income requirement

High interest rate for credit line

Travelling often? Get protected whole-year round!
15% off NTUC Income Yearly Travel Insurance

Protect your car with NTUC Income Car Insurance
Get up to $420 CapitaVouchers!

Bank of China Credit Line Interest Rates

Enjoy effective interest rate of 19.80% p.a. (Interest rate of 1.65% per month) if your annual income is $30,000 and above

Enjoy effective interest rate of 28.55% p.a. (Interest rate of 2.38% per month) if your annual income is $20,000 to $29,999

Max loan of up to 4 times your monthly income

Annual fees of $60/year (Waived for first 2 years)

Pay 3% of the monthly balance outstanding, plus any outstanding Minimum Payment Sum or S$50, whichever is greater

Enjoy 0% interest rate for 3 or 6 months MoneyPlus Fund Transfer which bring you up to 75% savings

Click here to go to Bank of China website for more details