Celebrate a Prosperous New Year with us in the year of the Rat!
Open an account and receive S$8 Ang Bao with every S$1,000 fresh funds deposited.

How to be rewarded:

* Note: Each customer can receive a maximum of S$200 Ang Bao.

Deposit Account

Special Savings Account

Alternatively, you can also choose to open our special savings account and receive an S$8 Ang Bao too!

Promotion ends 1 March 2020.

Please refer to the Terms & Conditions for more details.


Frequently Asked Questions

What is considered as fresh funds?

Fresh funds refer to fund(s) directly deposited through cheque(s), cashier’s order(s), demand draft(s), cash deposits, FAST credit, PayNow, telegraphic transfer, share payment, IBG funds transfer and MEPS receipt.

These exclude any funds from any DBS/POSB account and funds deposited via any POSB/DBS cheque(s), POSB/DBS cashier’s order(s) or POSB/DBS demand draft(s) and SAL/PAY deposits.

Fresh funds deposited via cheque(s), cashier’s order(s) and demand draft(s) must be done by 1 March 2020, 2pm. Multiple deposits are allowed. Only applicable for SGD deposits.

Can I withdraw from my account between 2 March to 31 August 2020?

Deposit Account
Yes, you may withdraw from your newly opened account. However, in order to remain eligible, you must maintain the same average daily balance on 1 March for 6 consecutive months.

Special Savings Account
No withdrawals are to be made from the Special Savings Account for at least a 6-month Period.

What if I failed to maintain the same average daily balance for one of the months, can I still receive the CNY Gift?

Customers that failed to maintain the same average daily balance at any one point of the 6-month period will not be eligible to receive the CNY Gift.

Can I make multiple deposit of fresh funds?

Yes, as long as the fresh funds are deposited in the account by 1 March 2020.

How do I qualify for the biggest Ang Bao?

Simply deposit and maintain average daily of S$25,000 for 6 consecutive months.

Can I enjoy both promotion for Deposit and Special Savings Account?

No. If customer open multiple accounts within the promotion period, the bank will only accord the CNY Gift to the first eligible Deposit Account opened.

Should I apply for an account via MyInfo?

MyInfo allows you to get a Bank account, Credit Card or Cashline account instantly without having to visit a branch or upload any supporting documents.

Simply apply online using MyInfo to pre-fill the application form and within seconds, you’ll be able to enjoy real-time approval and access to your Bank account or Credit Card or Cashline account.

Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$75,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.


Accounts available for you

Multiplier Account

DBS Multiplier Account

No minimum salary credit required, no minimum credit card spend and up to 3.8% interest p.a.

Apply now

My Account

My Account

The first account you can customise to the way you live.

Apply now

DBS eMulti-Currency Autosave (eMCA)

DBS eMulti-Currency Autosave (eMCA)

An All-in-One account that lets you save and transact, with 12 foreign currency types and the Singapore Dollar.

Apply now

To enjoy the convenience of iBanking, eStatement with cheque facilities, apply for eMulti-Currency Autosave Plus Account.

Apply now

eMySavings Account

eMySavings Account

An automatic monthly savings account with special interest rates - giving you flexibility and control.

Apply now

If you do not have a savings account with us, it will be automatically opened for you.

For applications through digibank online, you can find "eMySavings Account" under the "Special Savings Accounts" tab.

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