DBS Archives | Page 13 of 19

Get a $28 cash Hong Bao from DBS/POSB when you open a new Deposit Account or an eMySavings/SAYE Account online! Promotion ends 28 Feb 17

Most of us have a savings accounts with POSB/DBS.

This Lunar New Year, you can receive a prosperous S$28 Hong Bao from DBS/POSB when you open a new Deposit Account or an eMySavings/SAYE Account online!

Promotion ends 28 February 2017. Terms and conditions apply.

This is easily achievable if you create a new Deposit Account as you can just deposit a minimum of S$3,000 into your newly opened account and maintain a minimum average balance of S$3,000 for at least 6 consecutive months.

You can create a new Deposit Accounts such as:

Multi-Currency Accounts: Multiplier Programme
Day to Day Accounts: POSB Everyday Savings Account
Current Account: POSB Current Account
Special Savings Accounts: POSB SAYE Account or POSB eMySavings Account

Most of us have a POSB Passbook Savings Account, so you can simply open a new account (i.e POSB Everyday Savings Account) and deposit $3K into it (without withdrawing it for 6 months) to earn the S$28 cash hong bao.

Each customer is only entitled to 1 Cash Gift. All Cash Gift will be credited to the Deposit Account or eMSA/SAYE Account before 30 April 2017. Eligible customers will receive a notification SMS after the Cash Gift is credited into their account.

DBS is entitled to recover the Cash Gift by debiting the same from any account that the customer has with DBS/POSB without prior notice, if during the 6-month Period:

(a) the Deposit Account or eMSA/SAYE Account is closed;
(b) customer fails to maintain a minimum average daily balance of S$3,000 for the Deposit Account or customer fails to have salary crediting into the Deposit Account;
(c) the monthly contribution of eMSA/SAYE Account is lowered or not successfully credited in any of the months or withdrawal is made from the eMSA/SAYE Account.

For more information on this promotion, click here.

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DBS/POSB customers can withdraw new and good-as-new notes in 22 community clubs across the island from 11 Jan

With Chinese New Year coming up in a couple of weeks time, it’s about time to get new and good-as-new notes to welcome the Lunar New Year.

From January 11 onwards, customers will be able to withdraw new and good-as-new notes at 41 POSB new notes pop-up ATMs located in 22 community clubs across the island, an increase from the 36 ATMs in 12 community clubs last year.

Customers will be able to use their DBS/POSB ATM card to withdraw new notes in sums of SGD 100 (SGD 2 x 50), SGD 300 (SGD 10 x 30) and SGD 500 (SGD 50 x 10), up to their individual card limit.

This year, DBS/POSB is also offering customers the option to reserve their new and good-as-new notes online. With just a few simple clicks, customers can choose from a flexible combination of denominations and select their preferred collection dates at all full-service branches. From 9 January onwards, customers can visit go.dbs.com/sg-cnynotes to reserve their new and good-as-new notes.

SMS Q for DBS/POSB full-service branches
Customers are also able to get their new and good-as-new notes at all full-service DBS/POSB branches from January 11 to 27. Special priority queuing will continue to be available for the elderly and those with special needs. Customers will be able to use the SMS ‘Q’ notification service option, where they can request for a queue number via SMS prior to visiting the branches and receive notifications on the number of customers ahead of them. Customers can find their nearest branch’s respective SMS number at www.dbs.com.sg/personal/deposits/bank-with-ease/sms-q

All images from DBS/POSB.

Enjoy $2 cashback at Food Republic with DBS/POSB Cards via Apple Pay (till 31 Dec 16)

Breakfast, lunch or dinner.

Meals are easy with Singapore’s favourite cards on Apple Pay.

Enjoy $2 cashback at Food Republic with DBS/POSB Cards via Apple Pay.

Not on Apple Pay? Get extra S$10 cashback^ on your first transaction with any DBS/POSB Cards.

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Terms & Conditions

Valid with a minimum spend of S$2 per transaction, till 31 December 2016 for the first 50,000 redemptions. ^The extra $10 cashback is awarded to the first 15,000 DBS/POSB Cardmembers who are using Apple Pay with any of their valid DBS/POSB Visa/MasterCard Credit or Debit Card for the first time. Valid till 31 Dec 2016, with a minimum spend of S$10 in a single receipt at any merchant accepting Apple Pay. DBS T&Cs apply. Visit go.dbs.com/sg-applepay for more details.

DBS/POSB Cardmembers, go redeem a FREE Chicken Rice from Five Star Restaurant now! (From 26 Nov 16)

Who say there’s no free lunch?

Well, for DBS/POSB Cardmembers there is.

Starting 26 Nov, DBS/POSB Cardmembers can enjoy a free first order* from Five Star Restaurant (also known as Five Star Hainanese Chicken Rice) when they order via the Five Star Restaurant App.

Free first order is capped at a maximum of S$10 rebate, for the first 20,000 or whilst stock last.

It’s the quickest way to indulge in your favourite kampung chicken rice.

How to redeem:

Download the ‘Five Star Restaurant’ app from Google Play/Apple App store
Select the nearest outlet (Katong/Bukit Timah/River Valley) for Takeaway/Drive Thru
Order your food from the app
Check out and make payment with your DBS/POSB Card or DBS Paylah!

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Terms & Conditions

Offer is valid for mobile app order only. Offer valid for takeaway and drive-thru. Payment through the app is only for DBS/POSB Cards & DBS Paylah! Maximum of S$10 rebate valid for first order made through the Five Star Restaurant App from 26 November 2016. For orders below S$10, the amount credited will be equal to the total of the bill. Fulfilment on rebate to be completed within 60 days after 31 December 2016. Amount credited will be to the mode of payment. Offer is valid for the first 20,000 or whilst stock last.

For location, please visit the Five Star Restaurant’s website: http://fivestarchickenrice.com/

POSB LAUNCHES INNOVATIVE “BANK AND EARN” PROGRAMME

FIRST BANK IN SINGAPORE TO REWARD CUSTOMERS WITH MONTHLY CASHBACK FOR REGULAR BANKING TRANSACTIONS

With “POSB Cashback Bonus”, customers need only to fulfil three or more types of regular banking transactions to enjoy cashback rewards, without the need to make additional deposits

It pays to bank more with POSB – customers can earn up to SGD 130 per month via salary crediting, credit card spending, home loan instalments, insurance premiums, or investments

SINGAPORE, 17 October 2016 – POSB, Singapore’s oldest and most loved bank, today announced the launch of an innovative “bank and earn” programme which will reward customers with cashback every month through regular banking transactions. This programme is also the first-of-its-kind in Singapore which allows customers to earn straight cashback rewards without making additional funds deposits on their account balances.

The “POSB Cashback Bonus” programme is the first of its kind in Singapore to offer customers direct monthly cashback simply by fulfilling at least three types of regular banking transactions. This is a simple programme for customers to earn cashback as the majority of POSB/DBS customers are already conducting these transactions with the bank. For example, customers will only need to conduct at least three of the following transactions every month to earn up to SGD 130 per month in cashback rewards:
1. Credit their monthly salary (Minimum amount of SGD 2,500; cashback of 0.3%; monthly cashback cap of SGD 20)
2. Spend on their POSB/DBS credit cards (No minimum amount required; cashback of 0.3%; monthly cashback cap of SGD 20)
3. Pay their monthly home loan instalments (No minimum amount required; cashback of 3%; monthly cashback cap of SGD 30)
4. Pay their POSB/DBS insurance premiums (No minimum amount required; cashback of 3%; monthly cashback cap of SGD 30; insurance products should be purchased after signing up for the programme)
5. Invest through POSB/DBS (No minimum amount required; cashback of 3%; monthly cashback cap of SGD 30; investment products should be purchased after signing up for the programme)

See below for two examples of how a customer can earn generous cashback rewards from regular banking transactions:

Earlier this year, POSB conducted a survey among some 800 customers on their reward preferences based on their banking relationships. The majority of customers responded that they prefer the following features for their banking accounts:

· Rewards structure that is straightforward and simple to understand
· Cashback rewards which are credited to their accounts regularly
· Rewarded based on their multiple relationships and transactions done with the bank
· No requirement to make additional deposits to earn rewards

Said Jeremy Soo, Head of Consumer Banking Group Singapore, DBS Bank, “We are delighted to introduce this programme that rewards our customers based on their banking relationships with us. Currently, most of our customers are already conducting regular banking transactions with us and this means that customers can simply enjoy monthly cashbacks with ‘POSB Cashback Bonus’ without doing a lot more. As the ‘People’s Bank’, we are committed to offering our customers greater value through innovative products and services, and to providing superior deals for them to enjoy.”

To enroll in the “POSB Cashback Bonus” programme, customers simply have to log on to POSB/DBS iBanking to register, and nominate a deposit or credit card account to receive their monthly cashback. Visit www.posb.com.sg/cashbackbonus for more information on the programme.

In 2013, the bank launched the DBS Multiplier Programme to reward emerging affluent customers for consolidating their finances with DBS. With DBS Multiplier, which was recently enhanced in August 2016, customers are able to enjoy a higher interest of up to 2.68% p.a. on their account balances by fulfilling any three of the five transaction categories. The programme has been a hit with customers and the bank has now more than 90,000 accounts. For more information on the “DBS Multiplier Programme”, please visit www.dbs.com.sg/multi.

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