Tell Me About 50+

Helping you enjoy life's three precious gifts: Health. Wealth. Freedom.

We'd would like to celebrate your bountiful years by sharing with you useful tips, products, privileges and services. To give you the security and financial freedom you deserve. Not just for yourself, but for generations to come.

There are good times to look ahead to. And nothing warms our hearts more than to cherish these moments with a good friend and neighbour.

Health

The time to take up medical insurance is when you're still in good health. Don't just rely on your company's group medical insurance or Medisave or MediShield. It's a big risk to delay the cover till you are retired or when you are unable to work due to medical conditions

So start planning today.

MyCare

Maximise your disability cover with MyCare - MyCare is a Medisave-approved ElderShield supplement that will transform your ElderShield cover into a lifetime benefits of higher benefits of higher benefit payouts, with premiums that do not increase with age. To find out more please click here

MyShield

Protect against any unforeseen health crises - MyShield is a MediSsave medical expenses insurance plan that can be purchased using CPF Medisave. To find out more please click here

50-Plus Care

Whatever your lifestyle, enjoy it with peace of mind - 50-Plus Care is a comprehensive Personal Accident Plan with up to 11 benefits and total coverage of more than S$100,000. To find out more please click here

Wealth

As the Bank that cares, POSB is committed to helping in your journey to a secure future for you and your loved ones. We will guide you in the right direction as you embark on the journey of financial planning of savings, protection and growing your money

50-Plus MySavings Account

Save for yourself or your loved ones through 50-Plus MySavings Account, in a regular but flexible way. Open a 50-Plus Account with your grandchild and receive a limited-edition gift set^.

S$ Fixed Deposit*

Enjoy preferential interest rate on your S$ Fixed Deposit for amount between S$10,000 and S$49,999. What's special about this Fixed Deposit is that the rate is tiered according to your age, i.e. the higher your age, the higher your interest rate.

Unit Trusts

Enjoy an additional 0.25% discount off your sales charge^** on selected unit trust when you invest at least S$10,000 using cash or Supplementary Retirement Scheme (SRS)

Freedom

At POSB, we always make sure you spend less time banking, and yet enjoy a rich and rewarding banking experience. That's why you can expect products, services and tips catering to your active lifestyles.

POSB Everyday Card

POSB Everyday Card is a credit card that allows you to earn cash rebates to pay for your everyday bills. Earn Daily$ on your everyday spending at merchant partners including Carrefour, SPC, SP Services and Watsons, and use your Daily$ to offset purchases at participating partners, or reduce your credit card bills.

What's more, upon the approval of your POSB Everyday Card application, you will get S$500 worth of vouchers, including discounted health screening packages from Healthway Medical Group and dining vouchers for your use.

If you are a Singaporean or Permanent Resident above 56 years old, with a minimum gross annual income of S$15,000 (inclusive of interest, rental and dividends), you are eligible to apply. Sign up today and you will also enjoy a 5-year annual fee waiver.

POSB GO! Enhanced ATM Card

POSB GO! Enhanced ATM Card is everything an ATM Card can do and more! Now, with the MasterCard logo, you have the added convenience of signing for your purchases at over 22 million retailers globally and enjoy greater savings at participating merchants all year round. You don't have to worry about monthly bills as expenses are directly debited from your account which you can keep track with a monthly statement. And to top it all off, there isn't an annual card fee, so all the benefits come to you absolutely free. Sign up today and open up to a world of benefits and savings!

Special Tuesday

For customers aged 50 years and above, you'll enjoy special privileges every Tuesday. For the first 3 hours, there's a counter dedicated for you, plus complimentary snacks and drinks.

^ Promotion valid for a limited period only. One gift set per account opened, While stocks last.
* For S$ Fixed Deposit of 6-month to 12-month, 18-month and 24-month tenors.

Notice on Deposit Insurance Scheme:
Deposit Accounts held by individuals and charities are insured by the Singapore Deposit Insurance Corporation for up to S$20,000 in aggregate across specified accounts for each depositor under the Deposit Insurance Act.

^** Unit Trust
Not valid in conjunction with other offers and we reserve the right to amend the terms and conditions of this offer without notice to you.

Investments are not deposits or other obligations of, or guaranteed by DBS Bank Ltd, and are subject to risks, including the possible loss of the principal amount invested. The value of the units and the income from the fund, if any, may rise or fall. Investors should read the prospectus available at any POSB branch before investing. This is published for information and general circulation only and does not have any regard to the specific investment objective, financial situation or the particular needs of any person. Investors may wish to seek advice from a financial adviser regarding the suitability of the investment product taking into account the specific investment objective, financial situation or particular needs of each person in receipt of this document before making a commitment to purchase an investment product. In the event that the reader chooses not to do so, he should consider carefully whether the product is suitable for him.