Trust Bank Instant Loan Singapore : Instant Cash from 1.99% p.a. (EIR 3.80%)
Updated: 5 Aug 2025
Access instant cash via Trust Bank Instant Loan at headline rates from 1.99% p.a. (EIR ~3.80%), zero processing fees, flexible tenures, and cashback rewards via SingSaver.
Loan | Annual Interest Rate | Monthly Repayment | SingSaver Reward | Trending Reward | EIR | Total Cost of Loan | ||
|---|---|---|---|---|---|---|---|---|
 | 1.99 % | S$442 | S$410 | 3.80 % p.a. | S$896 |
⚡ SingSaver SG60 Flash Deal⚡
Apply and get approved for a Trust Bank Instant Loan (minimum loan amount S$15,000, 36-month tenure) to unlock up to S$660 Bonus Cash on top of existing rewards, total rewards up to S$1,910 Cash!
🎯 How to Qualify
- Offer valid from 1 Aug to 14 Aug 2025
- Apply for a Trust Bank Instant Loan with a minimum loan amount of S$15,000
- Choose a tenure of at least 36 months
- Get cash rewards via PayNow based on your approved loan amount
- Open to new and existing Trust Bank customers.
Get S$20 Extra when you Submit Your Form in Time!
Get an extra S$20 Shopee voucher via WhatsApp when you submit your rewards form within 13 days of your bank application, on top of your selected reward! Valid for DBS, GXS, HSBC, POSB, SCB, Trust Bank, and UOB personal loans.
Why Trust SingSaver
Interest Rate
1.99 %Monthly Repayment
S$ 442EIR
3.80 % p.a.Total Interest Payable
S$ 896For a Trust Bank Instant Loan of S$15,000 over 36 months, you’ll enjoy via Singsaver:
- LOWEST Interest Rates in the Market from 1.99% p.a. (EIR 3.80%* p.a.) with no processing or hidden fees (until further notice)
- Flexible repayments. Choose your desired personal loan amount and tenure. Repay with fixed instalments over 3 to 60 months.
- Fast approval in 60 seconds.
- *EIR calculated based on loan amount of S$90,000 and tenure of 60 months from 1 Jan 2024. Maximum EIR may be up to 22.34% p.a. based on your personal credit profile.
- Deposit Insurance Scheme: SGD deposits of non-bank depositors are insured by the SDIC, for up to S$100,000 in aggregate per depositor per Scheme member by law.
- Min. age requirement: 21 years old
- Minimum annual income of S$30,000 for Singaporean citizen or PR or S$60,000 for foreigners with valid work pass
Eligibility
Minimum Age: 21 years old
Min. Annual Income: S$30,000
Required Documents
1. NRIC (Front & Back)
2. Salaried employees: Latest month’s computerised payslip or latest 6 months’ CPF contribution history statement
3. Self-employed individuals: Last 2 years’ Income Tax Notice of Assessment
4. Commission-based earners: Latest 3 months payslip or latest 6 months' CPF contribution history statement
Key Features
The information displayed above is for reference only. The actual rates offered to you will be based on your credit score and is subject to the provider's approval.
⚡ Trust Bank Instant Loan Overview
Key Features
- Headline rates from 1.99% p.a. (EIR from ~3.80% p.a.)
- No processing or hidden fees on the loan
- Funds deposited instantly into your Trust savings account via Trust App after approval
- Borrow from as little as S$500 up to your available credit card limit (minus buffer)
- Flexible repayment tenure from 3 to 60 months
- Available to Singaporeans, PRs (minimum income S$30k) and foreigners with valid work pass (income S$60k)
- Exclusive SingSaver SG60 Flash Deal: up to ~S$1,910 cashback for loans ≥ S$8,000 (36–60 months)
How to Apply
- Download and log in to the Trust App (requires Trust credit card)
- Go to “Instant Loan” under the Money menu
- Select desired loan amount and tenure and view your personalised rate
- Confirm and submit – funds deposited instantly into Trust savings account (if approved)
Interest & Repayment
- Advertisement rate from 1.99% p.a., with EIR starting at ~3.80% p.a. based on a S$50,000 / 60‑month benchmark
- Loan of S$10,000 over 36 months: total repayable approx. S$10,597; monthly instalment ~S$294 (based on EIR 3.80%)
- Early full settlement allowed with a fee of 3% of outstanding principal (no partial early repayment)
Fees & Charges
- Processing Fee: 0% (no upfront charges)
- Late Payment Fee: ~S$100 per missed instalment plus interest at high rate (~18‑29% EIR)
- Early Repayment Fee: 3% of remaining principal (full settlement only)
Pros & Cons
✅ Pros
- Super fast approval & cash disbursement of funds in Trust account within ~60 seconds
- No processing or hidden fees
- Very accessible: loan starts from just S$500
- Flexible tenure choice from 3 to 60 months
- Foreigners with valid passes & Singapore residents eligible with modest income
- Flash cashback offers via SingSaver promotions
❌ Cons
- Must be a Trust credit card holder as the loan draws on card limit
- No partial early repayment option, full settlement only with 3% fee
- Late payments attract high interest plus fixed fee
- Personalised rates may be higher than the advertised starting rate
Other Notable Features
- Managed entirely via Trust App—no paperwork or branch visits required
- Transparent interest structure - simple interest, no compounding
- Eligible customers can track repayments, outstanding balance and save on interest by settling early in App
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