DBS Hong Kong unveils fully-digital card loans

Customers can apply for a credit card via the DBS Card+ app.

DBS Hong Kong has launched its first fully-digitalized card loans, disbursing instant cash in just minutes.

Customers can apply for an approved DBS Credit Card via the DBS Card+ mobile app within minutes, and then get cash using their new card to be sent to any bank account via the Faster Payment System (FPS).

“Our new Card Loan service is another step we took in our mission to enhance DBS’ digital capabilities and transform our customers’ banking journey,” said Ajay Mathur, managing director and head of consumer banking group & wealth management of DBS Hong Kong.