See exactly how much time and money you save with live Singapore bank minimum payment profiles — DBS, OCBC, UOB, HSBC, Citibank, Trust Bank, DCS and more.
Bank Rate Information
Edit bank rates
Edit standard rates, penalty rates, minimum payment % and floor amount. Each bank uses whichever is higher between the % of balance and the flat floor.
1Your debts
💡 Why do my minimum payments differ? Click to view Singapore bank rules
Singapore Credit Card Minimum Payment Rules
• Most banks (DBS/POSB, OCBC, UOB, HSBC, Amex, CIMB, BOC, RHB): Require the greater of $50 or 3% of the outstanding balance.
• DCS Card Centre: Enforces a stricter 5% baseline — the greater of $50 or 5% of the outstanding balance. A $3,000 balance shows $150 minimum here.
• Split-rate issuers (Trust Bank, Standard Chartered, Citibank): Calculated as 1% of the principal sum plus that month's accrued interest, producing a lower initial minimum that rises as interest compounds.
2Monthly surplus
EXTRA CASH PAYMENT EACH MONTH
Directed at your highest-rate debt
per month
$0$2,500$5,000
3Strategy comparison snapshot
ℹ️ View strategy explanations
⚡ Avalanche — Save the most money
Directs your extra monthly surplus at the highest interest rate debt first, regardless of balance size. Mathematically optimal: minimises total interest paid over the full repayment horizon. Best for those focused on the lowest total cost of debt.
❄️ Snowball — Build momentum fast
Directs your extra monthly surplus at the smallest outstanding balance first, regardless of rate. Eliminates individual accounts quickly, freeing minimum payments and delivering early psychological wins. Best for those who need visible progress to stay motivated.
Metric
🚨 Minimum Only
⚡ Avalanche
❄️ Snowball
Debt payoff time
—
—
—
Total interest paid
—
—
—
Total interest saved
[ Baseline ]
—
—
3Payoff priority
⚡ Avalanche: Highest APR firstℹ️
Allocation Logic: Primary sort by highest APR to minimize compounding interest. Accounts with identical rates are sub-sorted by lowest balance to accelerate cash flow recovery.
4Your savings
Penalty rate detected. One or more debts is ≥ 30% APR. Pay at least the minimum on time to restore the standard rate.
5Monthly payment breakdown
6Balance over time
7Missed payment penalty simulator
THE 90-DAY DEFAULT TIMELINE
•Month 1 (Day 30): Standard rate jumps to a 30.80% p.a. penalty rate + an immediate $100 late fee.
•Month 2 (Day 60): Mandatory Card Freeze enforced by MAS — all remaining credit limit is locked.
•The Overlimit Trap: If compounding fees push your balance even $0.01 past your credit limit, an extra $40 fee is triggered automatically.
•Month 3 (Day 90): Permanent Involuntary Account Closure. Your account contract is terminated, limit is revoked, and the outstanding balance is assigned to debt recovery.
Click an active debt below to watch this 4-month compounding timeline play out.
Click Calculate above first.
8Monthly payment of debt
Click Calculate above first.
For illustration purposes only. Debt projections are simulated using verified June 2026 Singapore bank baselines and do not constitute formal financial advice.