This promotion is exclusive for existing DBS Treasures clients, and does not apply to clients onboarded between 1 January 2025 to 31 March 2025.
Yes, you may make multiple transactions to deposit the fresh funds corresponding to your registered amount. You may also participate multiple times throughout the Promotion.
Please note that the registered amount needs to be in multiples of S$100,000 and/or USD$100,000.
Each customer may register up to S$10,000,000 and/or USD$10,000,000 for the entire promotion period.
Fresh funds refer to funds:
- in the form of SAL/PAY deposits, funds deposited through cheque(s), cashier’s order(s), demand draft(s), cash deposits, FAST credit, MEPS receipt, telegraphic transfer, share payment, inward payments from CDP/CPF and funds transfer from corporate accounts;
- that are not transferred from any existing DBS / POSB account, deposited via DBS / POSB cheque(s) / cashier’s order(s) / demand draft(s) or withdrawn from any existing DBS / POSB account and re-deposited within the promotion period.
For a clearer understanding, please refer to the sample illustration below.
Date | Description | Transaction | Participating Account Balance (SGD / USD) |
|---|---|---|---|
31 December 2024 | - | - | $ 100,000 |
5 January 2025 | Payment of Credit Card Bill | - $ 3,000 | $ 97,000 |
7 January 2025 | Fresh Funds Deposit | + $ 330,000 | $ 427,000 |
15 January 2025 | Outward Funds Transfer | - $ 27,000 | $ 400,000 |
20 January 2025 | Earmark is applied to your account | - | $ 400,000 |
Key milestones used in the calculation:
- 31 December 2024: Your Participating Account balance was $100,000.
- 7 January 2025: You make a Fresh Funds Deposit of $330,000.
- 20 January 2025: The earmark is applied, and your Participating Account balance is S$400,000.
- Therefore, your eligible Fresh Funds Deposits is $300,000 ($400,000 – $100,000).