DBS Treasures Sign Up Promotion T&Cs

1.

The Promotion period is from 1 April 2023 to 30 June 2023 (“Promotion Period”) and is open to new DBS Treasures customers (“Customers”) of DBS Bank Ltd (“DBS”) who start their DBS Treasures relationship within this Promotion Period. Customers must not have been DBS Treasures Customers in the last 12 months of starting their current DBS Treasures relationship.

2.

DBS will have the final decision on all matters regarding the promotions

3.

DBS may change these terms or suspend/terminate any of the promotions without giving notice.

4.

The Customers consent to DBS’ collection and use of the Customer’s personal data and the use and disclosure of the Customer’s personal data by/to third parties for the purpose of the promotions. The Customers agree to the terms of the DBS Privacy Policy, a copy which can be found at www.dbs.com/privacy.

5.

To participate in the Fresh Funds Offer, Customers must register through their Treasures Relationship Manager between 1 April 2023 and 30 June 2023.

6.

To qualify for the Fresh Funds Offer, Customers must fulfill the following criteria during the Promotion Period:

1. Successfully declare Accredited Investor (“AI”) status with DBS Treasures.
2. Deposit Fresh Fund(s) from outside DBS/POSB of at least SGD350,000, SGD500,000 or SGD1,000,000 (“Deposit”), or its foreign currency equivalent to their DBS/POSB Current Account/ Savings Account (“CASA”) tagged to their current DBS Treasures relationship. The Fresh Funds Deposit must be maintained with DBS for at least 3 months from the date of deposit, with a corresponding increase in Customers’ total asset under management (“AUM”).
   
   Customers will not qualify for the Fresh Funds Offer if the transfers are made from any account within DBS, whether directly or indirectly. The Fresh Funds must not be used in any other ongoing Deposits/Fresh Funds promotions during the Promotion Period or placed in any Fixed Deposit accounts.

3. Purchase a minimum of SGD100,000 in Eligible Wealth Product(s). Customers can make the purchase with the Fresh Funds by 31 July 2023 to qualify for the Fresh Funds Offer.

   An “Eligible Wealth Product” refers to:

   • Unit Trust subscriptions made in cash only via online/mobile/DBS Treasures Relationship Managers not including subscriptions made in Regular Savings Plan (RSP), Supplementary Retirement Scheme (SRS) and Central Provident Fund (CPF)
   • Equity trades executed in the seven global markets offered online via DBS Online Equity Trading platform. Excludes any trade in a structured product issued by DBS and listed on the Hong Kong Stock Exchange
   • Currency Linked Investments
   • Credit Linked Note
   • Step-up Note
   • Cap Floor Floating Rate Note
   • Equity Linked Notes
   • Bonds
   • Structured Deposits
   • Funds-based digiPortfolio
   • Regular premium insurance plans, valued at annualized premium amount - i.e. A monthly premium of SGD2,000, would be valued at SGD24,000 (SGD2,000 X 12 months)
   • Single premium insurance plans, valued at annualized premium equivalent - i.e. A single premium amount of SGD100,000, would be valued at SGD10,000 (SGD100,000 X 10%)
4. Successfully complete Your Financial Profile (“YFP”) with their DBS Treasures Relationship Manager.

7.

Customers who qualify for the Fresh Funds Offer are entitled to receive the below cash gift, which will be credited to their DBS/POSB CASA by 30 September 2023.

1. a cash gift of SGD3,150 with a Fresh Funds Deposit of at least SGD350,000; or
2. a cash gift of SGD4,500 with a Fresh Funds Deposit of at least SGD500,000; or
3. a cash gift of SGD9,000 with a Fresh Funds Deposit of at least SGD1,000,000.

8.

Must maintain their current DBS Treasures relationship for at least 6 months from the date that the relationship is established.

9.

Each Customer will only be entitled to one cash gift regardless of the number of accounts the Customer has with DBS/POSB and whether held singly or jointly with any other person(s).

10.

Customers who fail to fulfill the above criteria, DBS reserves the right to debit the amount equivalent to the cash gift, from any account that the Customer maintains with DBS/POSB.

11.

Customers are entitled to a one-time cash gift of S$150 for the first Treasury Products subscription (Treasury Products Offer”) made between 1 April 2023 and 31 July 2023.

12.

The Treasury Products Offer is valid for the first subscription in “Eligible Treasury Products” and is subject to a minimum investment amount of SGD100,000, or its foreign currency equivalent. In the case of Bonds, it is the minimum investment of the bond, whichever is higher.

• An “Eligible Treasury Product” refers to:

  • Equity Linked Note (ELN)
  • Bonds
  • Structured Notes
  • Structured Deposits

13.

Successfully declare Accredited Investor (“AI”) status with DBS Treasures for investment in ELN, Bonds and Structured Notes.

14.

Successfully complete Your Financial Profile (“YFP”) with their DBS Treasures Relationship Manager.

15.

The bank will accord a one-time cash gift of SGD150 for the eligible subscriptions.

16.

The cash gift will be credited in SGD to the Customer’s debiting account of his/her investment (Wealth Management Account or DBS/POSB CASA account) by 30 Sep 2023.

17.

Each Customer will only be entitled to one cash gift regardless of the number of accounts the Customer has with DBS/POSB and whether held singly or jointly with any other person(s).

18.

Customers who fail to fulfill the above criteria, DBS reserves the right to debit the amount equivalent to the cash gift, from any account that the Customer maintains with DBS/POSB.

19.

Customers are entitled to a 0.82% cash rebate for the first online unit trust subscription (“Unit Trust Offer”) made between 1 April 2023 and 31 July 2023.

20.

The unit trust subscription must be made in cash via online or mobile. Unit trust subscriptions made in Regular Savings Plan (RSP), Supplementary Retirement Scheme (SRS) and Central Provident Fund (CPF) are not eligible for this Unit Trust Offer.

21.

Offline trades made through the DBS Treasures Relationship Manager are not eligible for this Unit Trust Offer. Staff of DBS Bank are not eligible for this Unit Trust Offer.

22.

The Unit Trust Offer is valid for the first subscription and subject to a min. transaction amount of SGD25,000 and max. transaction amount of SGD500,000, or its foreign currency equivalent.

23.

The Bank will rebate the sales charge of 0.82% charged for eligible subscriptions. Max. rebate amount will be at SGD4,100 (i.e. SGD500,000 X 0.82% = SGD4,100).

24.

The cash rebate will be credited to the Customer’s Wealth Management Account in SGD by 30 September 2023.

25.

Customers are entitled to a 10% commission rebate for eligible trades executed online via DBS Online Equity Trading platform between 1 April 2023 and 30 June 2023.

26.

Eligible trades refer to:

1. All trades executed in the seven global markets offered online via DBS Online Equity Trading platform
2. Excludes any trade in a structured product issued by DBS and listed on the Hong Kong Stock Exchange

27.

Standard commission will be charged upfront and subsequently rebated by 31 August 2023. Expenses imposed by DBS’ custodian will be borne by Customers.

28.

All commission rebates will be credited to Customers’ default Multi-Currency Settlement Account (“MSCA”) in the Wealth Management Account. The rebate amount will be based on the respective traded currency which the commission was charged. DBS reserves the right to clawback any rebate arising from a non-eligible trade which has been credited to Customers’ MSCA.

29.

If the Wealth Management Account is closed before 31 August 2023, Customer will be disqualified from the Online Equity Offer and will not be entitled to the trade rebate. .

30.

The Customer remains liable for the payment of any transfer-out fee, and any and all other transactional fees payable to any third party, including, but not limited to, any tax or stamp duty, transaction levy, exchange fee, clearing fee, or market fee, that may be imposed on such Customer by law.

31.

Trade commission will be amalgamated when the trades are of the same stock, trading currency, market, settlement mode and trade date as well as the same mode of trade.

32.

This offer cannot be used in conjunction with any other promotion offered by DBS Online Equity Trading.

33.

Each Customer is entitled to sign up for one Qualifying Product and we reserve the right to determine if this may be used in conjunction with any prevailing insurance promotion(s). The Qualifying Products must be signed between 1 April 2023 and 30 June 2023 and issued by 31 July 2023 (all dates inclusive). Each Policy Owner is only entitled to one Insurance Gift per category.

34.

Customers who qualify for the Insurance Offer are entitled to receive a cash credit (the “Insurance Gift”) which will be credited to their designated account by 30 September 2023, after the policy crosses the 14-day free-look period. The Promotion is applicable to any version of the Qualifying Product(s) made available at point of application.

35.

The exchange rate for USD to SGD for USD denominated Qualifying Products will be fixed at 1.35.

36.

The Home Loan Offer interest rates are:

37.

This package lock-in period is 2 years.

38.

Valid for completed private residential properties in Singapore, for new purchase or refinancing from another bank. Loan to be signed by 30 June 2023.

39.

The cash rebate amounts applicable for refinancing a private property home loan from another bank are:

40.

Rates are subject to change without prior notice.

41.

Enjoy up to 4.18%* p.a. on our 6-month USD Fixed Deposit. Apply online via digibank.

42.

*Rates reflected as of 28 Mar 2023 and subject to change.

43.

View latest rates online here.