POSB Cashback Bonus
Salary Credit (0.3%) - Capped at S$20
Credit your salary to any POSB/DBS Deposit Account
- Minimum S$2,500 via GIRO
- Use transaction reference codes 'SAL' or 'PAY'
- Reflected as either 'GIRO SALARY' or 'SALARY' in your Statement of Account
Credit Card Spend (0.3%) - Capped at S$20
Spend with any POSB/DBS personal credit card(s)
- No minimum monthly spend required
- Monthly spend consists of retail/cash advance transactions posted within the 1st & last calendar day
- Eligible transactions across main cards & supplementary cards are accorded to the main cardholder
Home Loan Instalments (3%) - Capped at S$30
Apply for a POSB/DBS Home Loan or refinance with us
- Monthly instalment(s) due on your home loan(s) with POSB/DBS will be recognised
- Cash and CPF components included
- Earn cashback on your existing mortgage, new or refinanced POSB/DBS Home Loan
- Up to 3 joint borrowers can earn cashback from the full monthly instalment amount after signing up for POSB Cashback Bonus
Insurance (3%) - Capped at S$30
Cashback Bonus recognises all Manulife Regular Premium insurance policies distributed by DBS/POSB. No minimum premium amount required.
- Valid for new regular premium policy purchased after Cashback Bonus is opened.
- The recognition of the monthly premium (i.e. Annualised premium/12) starts 1 month after policy inception and continues for 12 consecutive months as long as policy is in force.
Investments (3%) - Capped at S$30
Start Investing with POSB/DBS
- Valid for POSB Invest-Saver for Exchange Traded Funds or Unit Trusts, Unit Trust Lump Sum Investments, and Unit Trust Regular Savings Plan purchased after joining POSB Cashback Bonus
- The investment amount of your Unit Trust Lump Sum Investment will be recognised after your free-look/cancellation period
- Monthly contribution amount for Unit Trust Regular Savings Plan and/or POSB Invest-Saver will be recognised for the first 12 consecutive contributions per investment fund
- No minimum investment amount required
Frequently Asked Questions
If I have a home loan with DBS, do I still qualify?
Yes you do, if you are one of the borrowers (up to a maximum of 3 joint borrowers) and the loan has been disbursed.
I only have 2 of the five categories. What can I do?
You will need to have eligible transactions in at least 3 of the 5 transaction categories:
- Salary Credit (Min. of $2500)
- Credit Card Spend
- Home Loan Instalments
- Insurance (only for new purchases made after enrolment)
- Investment (only for new purchases made after enrolment)
When will I get my cashback?
Cashback is credited by the 7th working day of the following month. If the 7th working day falls on a Sunday or Public Holiday, it will be credited by the next working day.
