Could I share this promotion with my family and friends to participate?
This promotion is only offered to existing DBS Treasures clients. Clients who newly onboard with DBS Treasures from 1 October 2024 to 31 December 2024 are also not eligible to participate in this promotion.
Am I eligible to participate in this Fresh Funds (December 2024) Promotion despite participating in earlier fresh funds campaigns?
Yes, so long as you bring in additional, new fresh funds and fulfil the other criteria as stated in the Terms and Conditions.
Can I make multiple eligible deposits over the promotion period?
Yes, you may make multiple transactions to deposit the fresh funds corresponding to your registered amount. Please note the registered amount needs to be in multiples of S$100,000 and is capped at S$2,000,000 per customer for the entire promotion period.
What are eligible fresh funds for this promotion?
Fresh funds refer to funds:
- in the form of SAL/PAY deposits, funds deposited through cheque(s), cashier’s order(s), demand draft(s), cash deposits, FAST credit, MEPS receipt, telegraphic transfer, share payment, inward payments from CDP/CPF and funds transfer from corporate accounts;
- that are not transferred from any existing DBS / POSB account, deposited via DBS / POSB cheque(s) / cashier’s order(s) / demand draft(s) or withdrawn from any existing DBS / POSB account and re-deposited within the promotion period.
How do I calculate my eligible fresh funds deposits for this promotion?
For a clearer understanding, please refer to the sample illustration below.
Date | Description | Transaction | Account Balance |
|---|---|---|---|
30 Nov 2024 |
|
| S$ 100,000 |
18 Dec 2024 | Payment of Credit Card Bill | - S$ 3,000 | S$ 97,000 |
20 Dec 2024 | Fresh Funds Deposit | + S$ 330,000 | S$ 427,000 |
23 Dec 2024 | Outward Funds Transfer | - S$ 27,000 | S$ 400,000 |
2 Jan 2025 |
|
| S$ 400,000 |
- On 30 November 2024, your Participating Account balance was S$100,000.
- On 20 December 2024, you make a Fresh Funds Deposit of S$330,000.
- On 2 January 2025, when the earmark is placed, the account balance is S$400,000.
- Therefore, your eligible Fresh Funds Deposits is S$300,000 (S$400,000 – S$100,000).
What does “earmarking my funds” mean?
“Earmarked” funds mean the deposits registered for the promotion cannot be used or withdrawn for any other purpose.
Will I continue to earn interest on my earmarked funds?
Yes, you will continue to earn the prevailing interest on your earmarked funds.
How would I know that my funds are earmarked?
You may wish to check your account balance on your DBS digibank mobile app or online. Earmarked funds are included under Total Balance, while you would see a lower Available Balance.