Get high value and best rates when you pawn with Maxi-Cash

Based on the current market price for gold, Maxi-Cash offers you the most competitive loan rates than other pawnbrokers and pawn shops in Singapore.

Bring your gold, diamonds, branded jewellery, watch or bag to us for a free quote today. Get a high valuation and pawn at low-interest rates with Maxi-Cash now!

How pawning works

Pawning, also known as pawnbroking, is a financial service that allows individuals to secure a loan by using their valuable items as collateral.

The process is straightforward: individuals bring their pre-loved items and valuables to a licensed pawnbroker like Maxi-Cash. Licensed pawnbrokers then assess the item’s value, offer loans based on it, and store the item securely.

During the loan term, borrowers have the option to make partial payments or repay the loan in full, including the interest accrued, at any time. If the borrower fails to redeem the collateral-based loan within the agreed-upon timeframe, the pawnbroker has the right to sell the item to recover the loan amount.

Maxi-Cash is a licensed pawn shop in Singapore offering flexible terms and low-interest rates. We provide our customers with a safe and reliable way to secure instant cash using valuable items as collateral. Thanks to our simple and straightforward pawning process, our customers can get cash quickly and conveniently without the hassle of a bank loan – both at our individual stores and online.

Bring your valuables
to any Maxi-Cash store

Get a valuation from our experienced valuers

Get instant cash upon agreed offer

Redeem valuables after 6 months or renew pawn ticket

Understanding the Value of Your Items

Before pawning or selling your valuable items with Maxi-Cash, it is important to have a clear understanding of their worth. Take into consideration factors such as the condition, brand, rarity, and market demand for your item. Doing research or seeking professional appraisal can also help you accurately determine its value.

By knowing the worth of your item, you can negotiate better deals at our pawn shops and ensure that you are getting a fair price or loan amount. Remember to bring any documentation or certificates that can provide proof of the item’s authenticity or value.

Gold

From 24 karat (999 gold), the epitome of purity, to 22 karat (916 gold), a testament to craftsmanship – Maxi-Cash welcomes a spectrum of gold items to be pawned at our pawn shops across Singapore. Our seasoned valuers, with an eye for detail, will examine the gold’s purity, weight, and overall aura, to ensure our patrons get a loan befitting their prized possession’s worth. Once an agreement is reached, the gold rests securely with us.

Jewellery

When it comes to pawning jewellery with Maxi-Cash, the process typically involves two main steps: evaluation and appraisal. First, our pawnbroker will carefully assess the value of the jewellery based on factors such as the metal type (gold, platinum, etc.), the quality of the gemstones, any engraving or branding, and the overall condition of the piece. This evaluation helps determine the loan amount that can be offered.

Maxi-Cash accepts a wide variety of jewellery types into our pawn shop, including gold earringsgold necklacesgold bracelets, and gold rings. It is best to visit your local Maxi-Cash and speak to our consultants in-person for more information on jewellery appraisal and the pawning process.

Other Valuables

Apart from gold, gold jewellery, and gemstone jewellery, Maxi-Cash accepts pre-loved luxury bags and pre-loved luxury watches for pawning at our shops. 

Whether it’s a cherished Chanel passed down through the generations or a trendy Louis Vuitton bought on a whim, we understand the stories and the value behind your pre-loved treasures. With the ever-growing demand in the pre-owned luxury market, these handbags are more than just fashion statements; they’re assets. Our seasoned team, well-versed in the realms of haute couture, meticulously assess each bag, weighing brand prestige, timeless condition, and that unique charm only a rare piece can boast.

Timekeepers of history, stories, and elegance, luxury watches can also find a haven at Maxi-Cash. As seconds tick away, our expert valuers dive deep into the essence of each timepiece, whether it’s a vintage Rolex or a contemporary Patek Philippe. Factors like brand legacy, pristine condition, and even the timeless tick of the watch play a role in our comprehensive evaluation.

Pawn with the Best Pawnbroker in Singapore

In the heart of Singapore’s bustling financial landscape stands Maxi-Cash, a beacon for those in pursuit of immediate financial relief with an infusion of trust and luxury. As connoisseurs of assets, we’re not just a pawn shop; we’re a timeless institution dedicated to unlocking the latent value in your prized possessions.

Delving into the future of pawning, Maxi-Cash proudly presents our unique PAYNOW service for receiving your cash loan. Customers can now receive their money instantly, merging the world of luxury with instantaneous convenience.

Furthermore, our pulse on global market nuances also ensures competitive rates that are unparalleled, particularly for gold and treasured valuables. It’s a testament to our ethos: every asset, be it a family heirloom or a rare collectible, is valued, both in sentiment and in dollars.

Lastly, the advantage of pawning your valuables with Maxi-Cash lies in the seasoned eyes that appraise them. Our valuers, maestros in their right, merge years of experience with an innate understanding of value, ensuring your items aren’t just assessed but truly understood. When you walk through our doors, trust that you’re in the company of industry veterans who see beyond the material, delving into stories, craftsmanship, and heritage.

Connected With Maxi-Cash App

Connected With Maxi-Cash App

Our commitment as the best pawnshop in Singapore

We remain committed to building a customer-focused business.
With reliability, quality, and transparency as the hallmarks of our business,
we continue to pursue innovative approaches to modernise, stay relevant, and remain as the best pawnbroker in Singapore.

Important Pawning Information

Maximum loan amount you can get

Loan amounts are determined by our pawnbrokers’ assessment of your pre-loved and pre-owned assets. Maxi-Cash seeks to offer all of our customers competitive and favourable rates, so that you can walk away from your transaction feeling satisfied and with ease of mind. For more information on loan amounts and valuations, get in touch with our team online or visit a Maxi-Cash outlet near you to make direct enquiries.

Interest rate chargeable for a pawn

Pawnbrokers like Maxi-Cash are allowed to charge an interest rate of 1.5% per month or part thereof on the principal loan amount. Additional monthly interest will be imposed if the period for redemption has lapsed. The maximum annual percentage interest rate is 18%. We shall not take any profit on a loan for more than 2 months after the expiry of redemption period.

An example of loan repayment:

  • Loan amount: SGD $10,000
  • Pawn duration: 6 months
  • Total interest: SGD $900
  • Total repayment: SGD $10,900

Loan period of a pawn

The minimum loan period is 1 month and maximum is 6 months. Customers can renew the loan or redeem the pledged item(s) anytime within the 6 months redemption period by paying the required interest amount. Pledge can be redeemed at any time (minimum) during the redemption period. The redemption period is 6 months (maximum) or any longer period that the parties may agree in the loan agreement or in a subsequent agreement (renewal of loan).

Fees chargeable for pawning

With reference to the Singapore Pawnbrokers Act (link), Maxi-Cash is allowed to charge the following fees:

1. A $2 fee for issuing a pawn ticket. There will be no fee incurred if the pawn ticket is issued due to the following changes:

  • Pawner’s address, telephone number, or email address
  • The name or address of the pawnbroker’s business
  • Correcting any error in particulars on a pawn ticket

2. A $10 fee for the following application:

  • Application by a person claiming to be entitled to redeem a pledge but not having a pawn ticket
  • Application by a person claiming to be the rightful owner of goods wrongfully pawned

Note: processing fee is a mandatory fee charged directly by the third-party payment gateway service provider.

Frequently Asked Questions About Pawnbroking

Do I need any identification to pawn an item?

Yes. Please bring along your NRIC or similar identification card when pawning your items at our pawn shops in Singapore. This is to ensure a seamless and secure transaction, backed by common trust.

What happens to unclaimed items?

If items are not redeemed within 6 months, Maxi-Cash will send a letter of forfeiture to the customer detailing the final forfeit date. Should the item remain unredeemed after this date, it becomes the property of our pawn shop once again.

Can someone else redeem my pawned item on my behalf?

Yes, someone else can redeem your pawned item as long as they possess the original pawn ticket. However, the identity card (IC) of the person redeeming the item will be recorded for our records. Ensure that the person has the necessary identification when they come in for the redemption.

Is my personal information kept confidential?

Rest assured that your personal information is kept fully confidential. At Maxi-Cash, your trust is our treasure.

What if I lose my pawn ticket?

In the instance that you lose your pawn ticket, please get in touch with our team for more information or visit the Maxi-Cash pawn shop you pawned the item at. You may be required to pay an additional fee to have the pawn ticket re-issued.

Are there any items you do not accept for pawning?

Maxi-Cash pawn shops only accept gold bars, gold jewellery with a minimum 9K gold content, gold jewellery with gemstones, platinum jewellery, diamond jewellery, luxury bags, and luxury timepieces for pawning. We do not accept any other items not listed in these categories.