The Bajaj Finserv DBS Bank SuperCard offers umpteen features, ranging from a welcome bonus to beneficial subscriptions. From getting up to 40% discount in a year for subscribing to entertainment platforms and complimentary access to airport lounges, this credit card is all that you need!
Among its numerous benefits, the DBS credit card balance transfer is a unique facility that helps you easily consolidate debts. Simply put, this feature allows you to transfer the outstanding amount of multiple cards to the Bajaj Finserv DBS Bank SuperCard.
For an overview of the DBS Bank balance transfer facility and to understand more about the process, read on.
You can contact the customer care team to apply for the DBS credit card balance transfer facility. Call the team at toll-free number 1860 267 6789 if you are a local resident and +91 4469046789 for overseas customers.
Alternatively, you can also email them at supercardcare@dbs.com. That’s all it takes to activate your DBS balance transfer option. However, before activating the facility, the bank may assess your financial history.
Opting for the credit card balance transfer helps you repay huge outstanding credit bills. Before transferring the balance to a new card, ensure that the new one offers affordable interest rates. This allows you to manage the monthly finances efficiently.
The most crucial factor to note is that you can transfer the amount only within the prescribed limit of the new card. For instance, if your new card has a credit limit of ₹1,00,000 but you have an outstanding of ₹1,20,000. In this case, you can only transfer ₹1,00,000 as a part of the DBS balance transfer facility.
Before applying for this facility, submit the following details:
Credit card number
Maximum credit limit
Validity of the credit card
Submit documents such as the latest credit card bill statements, a copy of your credit card and address proof. After verification, you get the remaining outstanding amount as a demand draft that you must pay towards the old credit card to clear off all dues.
After activation of the facility, you have to pay interest as per the new credit card rates. In just a few steps, you can activate the DBS Bank balance transfer facility and start working towards a more seamless and affordable repayment journey.
You have to inform the bank at least within 7-10 days if you want to cancel the balance transfer option. Call the customer care team at toll-free number 1860 267 6789 or email supercardcare@dbs.com.
While intimating the team via a phone call would be ideal, you may also visit the nearest Bajaj Finance or DBS Bank branch to process the cancellation request. In general, the DBS balance transfer facility is a smart way to save interest on credit cards.
For instance, having multiple credit cards at varying interest rates can strain your finances. In such a scenario, transferring the unpaid outstanding balance to the Bajaj Finserv DBS Bank SuperCard may allow you to repay your debt at better, cost-effective rates.
This way, there is less strain on your monthly finances. The credit card balance transfer from DBS Bank also helps you avoid the accumulation of debts. Another one of its key benefits is the easy EMI conversion facility.
With it, you can handle large payments without needing to worry at all. For all spends worth ₹2,500 or above, you can convert into affordable EMIs. This way, you can easily pay your monthly dues without affecting your budget.
So, get the card today and enjoy hassle-free payments with the tap-and-pay facility. What’s more, you need not pay interest for up to 50 days for ATM cash withdrawals across India. With myriad benefits throughout the year, the Bajaj Finserv DBS Bank SuperCard is all you need to unlock doors to the Super Life!
You can choose to opt for tenor options ranging from 12 to 48 months. Some financial institutions may even offer a tenor of 6 months, based on their internal policies. Read the policy terms before you opt for this facility.
All you have to do is place a request, after which the outstanding payment gets transferred to the Bajaj Finserv DBS Bank SuperCard. However, this facility is activated only after you meet the required eligibility criteria.
Yes, finance charges are accrued from the date on your cheque with the amount to be transferred. Charges also depend on the total outstanding that has to be cleared off.
Rejection happens when you do not meet the eligibility parameters set by the bank. Since the balance transfer facility is just like any other credit solution, you must meet all the terms. In many cases, the top reasons for rejection can be due to a poor credit score, instability in income, or a discrepancy in the information provided.