Terms and Conditions Governing DBS Promotion for New DBS Treasures Customers (“Promotion”)

Participation in the Promotion constitutes acceptance of these Terms and Conditions.


The Promotion period is from 1 October 2021 to 31 December 2021 (“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.


Insurance offer


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 October 2021 and 31 December 2021 and issued by 31 January 2022 (all dates inclusive). Each Policy Owner is only entitled to one Insurance Gift per category.


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 31 March 2022, after the policy crosses the 14-day free-look period.

Qualifying Products Insurance Gift
Category A
Heirloom (VII)
Signature Life series
Signature Income series
Signature Indexed Universal Life (II)
Cash rebate equivalent to 0.3% of Reference Single Premium, capped at SGD3,500, on top of prevailing promotions*
Category B
ManuProtect Decreasing (II)
ManuProtect Decreasing Lite (II)
ManuProtect Term (II)
ManuProtect Term Lite (II)
LifeReady Plus (II)
Critical SelectCare
Additional SGD100 cash rebate on top of prevailing promotions*
Category C
Manulife Spring (II)
Manulife SmartRetire (III)
Manulife SmartWealth (II)
Ready LifeIncome (II)
ReadyBuilder (II) – Regular Premium
RetireReady Plus (III) – Regular Premium
Manulife IncomeGen
Additional SGD500 cash rebate on top of prevailing promotions*

* Terms and conditions of the prevailing promotions will apply, at the point of issuance of the Qualifying Products.


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


Online unit trust offer


Customers are entitled to a 0.82% cash rebate for the first online unit trust subscription (“Unit Trust Offer”) made between 1 October 2021 and 31 January 2022.


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.


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


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.


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).


The cash rebate will be credited to the Customer’s Wealth Management Account in SGD by 31 March 2022.


Online equity offer


Customers are entitled to a 10% commission rebate for eligible trades executed online via DBS Online Equity Trading platform between 1 October 2021 and 31 December 2021.


Eligible trades refer to

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


Standard commission will be charged upfront and subsequently rebated by 28 February 2022. Expenses imposed DBS’ custodian will be borne by Customers.


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.


If the Wealth Management Account is closed before 28 February 2022, Customer will be disqualified from the Online Equity Offer and will not be entitled to the trade rebate.


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.


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.


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


Home loan offer


The Home Loan Offer interest rates are:

2 Year 3M SORA Package

This package is only open to Customers who sign up for DBS Treasures between 1 October 2021 and 31 December 2021, and valid for completed private residential properties in Singapore with minimum loan amount of SGD1,000,000.

Year 1 3M SORA + 0.75%
Year 2 3M SORA + 0.75%
Year 3 3M SORA + 0.75%
Thereafter 3M SORA + 1.00%

3M SORA (3-Month Compounded Singapore Overnight Rate Average) refers to the compounded SORA averages for 3 months period administered by the Monetary Authority of Singapore, published by the Monetary Authority of Singapore on or about 9:00 a.m, Singapore time, on the first business day of the relevant month or on such other date as we may determine.


This package comes with additional features:

  • Lock-in period is 2 years
  • 1 FREE conversion after 24 months from first disbursement


Valid for completed private residential properties in Singapore, for new purchase or refinancing from another bank. Loan to be signed by 31 December 2021.


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

Total home loan amount per property Cash rebate amount
SGD1,000,000 < SGD1,500,000 SGD2,500
>= SGD1,500,000 SGD2,800


Rates are subject to change without prior notice.


DBS Treasures exclusive safekeeping service ("TESS") offer


Each Customer is entitled to complimentary usage of 1 medium size safe deposit box at Treasures Exclusive Safekeeping Service at the DBS Treasures Centre at Siglap (“Centre”), for 6 consecutive months. Complimentary usage must commence between 1 October 2021 and 31 January 2022.


Registration for the TESS Offer must be done via a Treasures Relationship Manager. Customers must subsequently visit the Centre to open the safe deposit account, under his/ her name.


At the end of the complimentary usage, Customers may choose to continue the TESS at DBS’ prevailing rates.




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


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


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.

Important notes
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 SGD75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

The life insurance policy is protected under the Policy Owners’ Protection Scheme which is administered by the SDIC. Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact the respective insurer or visit the Life Insurance Association or SDIC websites.

Before committing to an investment, please seek advice from a financial or other professional adviser regarding the suitability of the product and read the relevant product offer documents, including the risk disclosures, which can be obtained from DBS Bank Ltd. If you do not wish to seek financial advice, please consider carefully whether the product is suitable for you. Foreign currency transactions are subject to exchange rate fluctuations, which may result in capital gains or losses; such accounts may also be subject to exchange controls imposed on the currency held.