PSA: Get S$200 For Crediting Salary to DBS, S$50 to S$100 For Account Opening
Here is an excellent, low-effort way to get S$200: simply credit your salary to any of your DBS/POSB bank accounts and you can get S$200 in cash. The promotion period is between 1st April 2023 to 31st July 2023.
Salary crediting requirements
Here are the steps spelled out by DBS for you to get your cash reward:
- Submit the online participation form
- Credit a minimum monthly salary of S$1,600 via GIRO with transaction reference codes “SAL” or “PAY” to any of his/her DBS/POSB accounts (“Salary Crediting Account”) for 3 consecutive months, with the first salary credit taking place during the Promotion Period
Unfortunately, this promotion will not apply if you already have a salary crediting arrangement with DBS/POSB between 1st October 2022 to 31st March 2023. It is particularly unfortunate that I am one of such people with an existing salary arrangement with the bank.
It is unclear whether or not the little workaround I shared in my latest video would help you qualify for this reward. I would personally email my HR to help me do the necessary for the reward… not that I qualify for this promo.
Extended until 7th December: sign up for Webull with this link, fund any amount for 30 days and get 10 free shares! That’s US$80 to US$5,000 worth of rewards! Further deposit US$100,000 and get bonus US$3,000!
Subscribe to the Telegram for more great deals and updates. Prefer email or WhatsApp? Tap here.
Account opening rewards
Further to the above promo, you can also open a DBS Multiplier Account and/or POSB Save As You Earn (SAYE) Account for additional S$50 cash reward each. That’s a total of S$300 you can earn from this promo.
Terms and conditions
See more details here, and do read through the terms and conditions of the promo. As with most terms and conditions, I would encourage saving the PDF for your own future reference.
Keep up to date on the best cashback/mile cards, financial products, attractive deals, and more tips to maximise your financial wellbeing by subscribing to my Telegram channel.
Subscribe to the channel, then join the group chat. You would often benefit from the tips shared exclusively in the group chat!
Disclaimer: I may receive an affiliate/referral fee when you sign up for services/products on this site, and such fees keep the site running. I would only recommend services/products I would personally use or recommend to my own friends and family, but I do not provide any warranty or guarantee for the quality of these services/products. Thank you for supporting my site!
Please exercise due diligence when signing up for any service/product as I will not be liable for any personal loss, financial or otherwise. Content published here are my sole views and personal opnion, and none of the information here constitutes personal financial advice nor represents the views of my employer(s).