Is registration required? How do I take part in the PayNow-UPI Welcome Reward Promotion?

No registration is required. This promotion is open to customers who are using “PayNow-UPI” via digibank online or digibank mobile for the first time OR did not perform PayNow-UPI fund transfer within the last 12-months. All you need to do is accumulate a min S$300 equivalent with “PayNow-UPI” within a Qualifying Period and be the first 200 customers to accumulate a minimum of S$300 in each Qualifying Period (as defined in Clause 5 of Promotion Terms and Conditions).

What is counted as an eligible transaction?

Based on your PayNow-UPI transaction submission date, if it was done during the qualifying period, it will be counted as an eligible transaction.

Qualifying PeriodEligible Transaction Submission Date, SGT
Qualifying Period 11 Oct – 31 Oct 2024, before 23:59
Qualifying Period 21 Nov – 30 Nov 2024, before 23:59
Qualifying Period 31 Dec – 31 Dec 2024, before 23:59
When and which account will the S$12 cashback be credited into?

If you have fulfilled all the criteria under Clause 3 of Promotion Terms and Conditions, reward will be credited into the bank account used by Eligible Customer to perform the first eligible transaction. The reward credit date for each qualifying period is detailed in below table:

Qualifying PeriodReward Credit Date
Qualifying Period 1By 31 Dec 2024
Qualifying Period 2By 31 Jan 2025
Qualifying Period 3By 28 Feb 2025
Am I able to combine Eligible Transactions across different Qualifying Periods?

No, eligible transactions must be accumulated within the same qualifying period. Below are 3 scenarios to illustrate if customer fulfils the criteria under Clause 3 and 5: Terms and Conditions.

 Eligible Transaction Date, SGTAmountEligible for Reward?
Customer A12 Oct 2024, 00:01S$100Eligible if customer is the first 200 customers in the qualifying period. A S$12 cashback will be credited by 31 Dec 2024 as an accumulated PayNow-UPI transaction of S$300 is performed within Qualifying Period 1 (1 Oct – 31 Oct 2024, before 23:59).
18 Oct 2024, 15:00S$100
31 Oct 2024, 23:59S$100
Customer B18 Nov 2024, 10:00S$300Eligible if customer is the first 200 customers in the qualifying period. A S$12 cashback will be credited by 31 Jan 2025.
Customer C18 Oct 2024, 15:00S$100Not eligible for cashback as transactions are made across different Qualifying Periods.
30 Nov 2024, 12:00S$100
1 Dec 2024, 00:01S$200

Explore more

ServicesForex