When faced with an emergency you need to first calm yourself. Then look for a way to get funds. In so doing you will be able to easily compare the options available. Thus you will find the best solution to your monetary problems. Here are some options that will offer you safe and emergency cash.

A Line Of Credit Or Credit Line

This is a pool of cash easily available to borrowers to access. Like with the credit card advance. You need to simply go to the ATM and make a withdrawal of the money you need. This cash can be used for any needs you want at any time.


Cash is accessible instantly, but you have to do an application then wait for some days.

When approved, you can access the amount through the ATM card. You may borrow any loan amount with no withdrawal fees. However, an annual fee regardless of if you utilize it or not.

You should hold a good credit status for the service because banks avoid risk by loans. Other banks could require a security while others only offer this only to the longtime customers.

Credit Card Advance

When you own credit cards, it means you have the key to access cash from affiliated ATMs in Singapore. The cash withdrawn is charged directly to the credit limit. This is easy, you only need to input a one-off PIN. Bear in mind that you need to withdraw your cash advance within the limit. It is below your card’s credit limit.


Cardholders with good credit status get to enjoy this feature. Meaning that you have always repaid your monthly card bills punctually.

The cash Advance is a short-term loan issued by banks. High-interest will be charged on the advance starting on the day the cash is withdrawn. The Advance rates range from between 28% to 29.9% a year.

These interests are compounding. Meaning that they are charged on your current balance thus not to the principal amount you had withdrawn. Thus the longer you take to settle your advance, you will pay more in the end. This will also pull down your score too.

Instant Cash Loans

During an emergency, licensed money lender loans are among the ideal options. When compared to personal loans from banks, its process is much faster. The lending companies in Singapore normally provide short-term credit that you can repay either each week.

You can also repay monthly based on what you prefer. Some moneylenders in Singapore process their loans online. It is faster since the process might take between 30 minutes to about a day.


You need to be cautious when picking a moneylender. Ensure that you are getting a loan from a licensed moneylender. You can do so by checking the authorized website of the Singapore Law Ministry.

Since licensed moneylenders are accommodating in time of urgent need. Even then there are illegal moneylenders who may pretend to assist you financially. However, they only intend to get to your finances. Study on ways to spot the loan sharks to help prevent falling victim to this scam.