Can I make multiple eligible deposits during the promotion period?
Yes, you may make multiple transactions to fulfil your registered fresh funds amount. Your registered amount must be in multiples of S$100,000.
Is there a limit to the amount of fresh funds I can deposit?
You may deposit up to S$5 million and earn cash gifts of up to S$19,938 (including the one-time S$38 Early Bird Reward.
Can I participate using multiple accounts?
No. Each client may participate using only one Participating Account.
Can deposits across multiple accounts be combined?
No. Deposits across multiple accounts cannot be combined.
Are matured funds from T-Bills considered fresh funds?
Yes, proceeds from matured T-Bills are considered fresh funds.
Are refunds from unsuccessful T-Bill applications considered fresh funds?
No, refunds from the unallotted portion of a T-Bill application are not considered fresh funds.
Do salary credits qualify as Fresh Funds?
Yes, salary credits are considered fresh funds for this Promotion.
Are CPF funds considered as Fresh Funds?
Yes, funds withdrawn from CPF accounts into DBS / POSB accounts are considered fresh funds.
Do cheque deposits from DBS/POSB qualify as Fresh Funds?
No, cheques issued from DBS/POSB will not qualify as Fresh Funds.
Is the Early Bird Reward paid once per customer, account or tranche?
The Early Bird Reward of S$38 is paid once per customer.
When will the Early Bird Reward be credited?
The Early Bird Reward will be credited by 31 January 2027, together with the Cash Gift Fulfilment.
Is the stated 1.80% p.a. an interest rate or an estimated annual interest equivalent?
The 1.8% p.a. is an estimated annual interest equivalent and not an interest rate.
Will I receive a Cash Gift reward on an amount below the next S$100,000 tier? For example, if I deposit S$330,000, will I receive a reward on the S$30,000?
No. Cash gifts are awarded only in full S$100,000 increments. For a deposit of S$330,000, you will receive rewards based on S$300,000 only. The remaining S$30,000 will not qualify for a Cash Gift.
How can I tell whether my funds have been earmarked?
Your Available Balance on your internet banking / mobile banking screen will exclude the earmarked amount, while your Total Balance will continue to include it.
On mobile:
- Log in to your mobile banking and select the Participating Account from the list of accounts under “Deposits”.
- You will see both “Available Balance” and “Earmarked Funds” after clicking to expand the account details.
On desktop:
- Log in to internet banking and select the Participating Account from the list of accounts under “Deposits”.
- You will see both “Available Balance” and “Earmarked Funds” after navigating to Account Summary at the right hand side of the internet banking screen.
Will my earmarked funds continue to earn interest in the respective Participating Accounts?
Yes, earmarked funds will continue to earn the prevailing interest applicable to the respective Participating Account.
Will I still be able to use my funds after they are earmarked?
Only the earmarked amount will not be ‘usable’ by customers. It will be held in the Participating Account during the campaign's mentioned earmarked period.
During the promotion period, can I withdraw/perform transactions from my Participating Account?
You can continue to make transactions on this account. However, the earmarked amount cannot be used or withdrawn during the earmark period.
Can I request for a withdrawal from this promotion?
Yes, please contact your DBS Treasures Relationship Manager to request an early release. Kindly note that it may take up to 5 working days for the funds to be released.
Can I withdraw part of my earmarked funds?
No, withdrawal has to be done to the full earmarked amount.
What happens if my earmarked funds are released early?
You will forfeit any cash gift and Early Bird Reward accrued (if applicable). No rewards will be paid under the promotion.