Hot Promo: Get up to S$500 when you Credit Your Salary and Spend With POSB!
From now until 31st October 2024, you can get as much as S$500 in cash rewards when you credit your salary to a POSB/DBS account and spend with your POSB/DBS cards!
Getting such generous rewards for simple requirements is a great deal so don’t miss this promo.
This article is brought to you by POSB. All views expressed in the article are the independent opinions of Sethisfy.com. Read Sethisfy.com’s editorial policy.
First Reward: Get S$300 For Salary Credit
To qualify, simply credit your salary of at least S$1,600 per month to your POSB/DBS account for 3 consecutive months. This will get you S$300 in cash rewards. This is a very simple requirement that many working adults should be able to complete.
This promo is only applicable for those who do not have a salary crediting arrangement linked to POSB/DBS from 1st February to 31st July 2024.
Second Reward: Get S$200 More For Card Spend
Plus, spend at least S$500 per month across your POSB/DBS credit and/or debit cards for 3 consecutive months to get S$200 extra! Don’t have a POSB/DBS credit card yet? Sign up for one for fantastic sign-up rewards!
The first month for spending starts the month after your first salary credit. For instance, if your first salary credit is done in the month of September 2024, you need to spend at least S$500 per month for the months of October, November and December 2024.
Steps
Registration is required and can be done here.
| Step | Description | Reward |
| 1 | Register for the promotion latest 31st October 2024 | Required |
| 2 | Credit your salary of at least S$1,600 for 3 consecutive months | S$300 cash |
| 3 | Spend at least S$500 for 3 consecutive months across DBS/POSB credit/debit cards starting from the month after first salary credit | Additional S$200 cash |
| Total | S$500 cash! |
That’s a total of S$500 for very simple requirements!
Plus, get an additional S$100 cash reward for new credit card sign-ups
As part of this promotion, new to POSB/DBS Credit Cardmembers get to enjoy an extra S$100 cash reward when they sign up for an eligible Credit Card during the promotion period. Best part? There is no spending requirement for this S$100 cash reward!
Eligible cards include:
- POSB Everyday Card
- DBS Altitude Card
- DBS yuu Card
- DBS Live Fresh Card
- DBS Woman’s Card
- DBS Woman’s World Card
Simply use the promo code SCAUG when applying for your new card online.
Stacks on Top of Usual Features
These cash rewards also stack on top of your usual bank account interest and credit card rewards.
If you are on Multiplier, you can get up to 4.1% p.a. with that bank account. Crediting your salary will fulfil both this promo and your Multiplier’s income requirements!
For card spend, DBS credit cards have a few standouts including my pick for Cashback Card of the Year 2023 – DBS yuu. Those into miles would love the DBS Woman’s World Mastercard which gives 4 miles per dollar on online spending, and it’s available to both ladies and gentlemen alike despite its name. Enjoy airport lounges? You should definitely pick up the DBS Altitude for 2 complimentary visits.
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Earning more from your bank accounts and credit cards has always been something I enjoy sharing about, and this deal is really attractive indeed for those who qualify. Remember to stay subscribed and leave notifications turned on so that you can be informed about time-sensitive updates as they happen!
Disclaimer: The information and opinions contained in this article has been obtained from sources believed to be reliable, but DBS makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose.
This article is meant for information only and should not be relied upon as financial advice. Before making any decision to buy, sell or hold any investment or insurance product, you should seek advice from a financial adviser regarding its suitability.
It is provided in Singapore by DBS Bank Ltd (Company Registration. No.: 196800306E), an Exempt Financial Adviser as defined in the Financial Advisers Act and regulated by the Monetary Authority of Singapore.
T&Cs apply. SGD Deposits are insured up to S$100K by SDIC.
Seth Wee was a licensed financial adviser representative from 2009 to 2025, with over 16 years of experience in Singapore’s financial advisory industry.
He started Sethisfy.com in 2019 to share practical insights on credit cards, banking products, and miles strategies, helping readers identify financial products that deliver the best value. Seth has been featured in CNA, Channel 8, Today, and a host of other publications. In 2025, he was also part of a panel at CPF’s Ready For Life festival.
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