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DBS Visa Debit 5% cashback for contactless payment

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Old 03-01-2018, 03:42 PM   #571
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"Cashback earned is capped at S$50 per customer per month for local Visa payWave contactless transactions made with DBS Visa Debit Card only when you keep your cash withdrawals to three times or less and up to S$400 every month across all your DBS/POSB Cards as well as local DBS/POSB ATMs and branches in the same month."

Fund transfer via fast is not considered cash withdrawals right?
Seems like Posb savings a better option since only need $500 deposit?
The cashback cap is separate from my DBS live fresh credit card?
1. Not considered
2. min avg daily balance $500 for POSB savings account
3. Separate
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Old 03-01-2018, 03:52 PM   #572
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"Cashback earned is capped at S$50 per customer per month for local Visa payWave contactless transactions made with DBS Visa Debit Card only when you keep your cash withdrawals to three times or less and up to S$400 every month across all your DBS/POSB Cards as well as local DBS/POSB ATMs and branches in the same month."

Fund transfer via fast is not considered cash withdrawals right?
Seems like Posb savings a better option since only need $500 deposit?
The cashback cap is separate from my DBS live fresh credit card?
There is online account opening promo till 8 Jan. No min balance requirement if it is your first account with POSB/DBS. Can also get $20 amd chance GoPro hero if you fulfil the deposit/salary crediting requirememts.
https://www.posb.com.sg/personal/promotion/online-account-opening

Good chance to open DBS multiplier as your first DBS/POSB account with no min balance requirement.
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Last edited by Trazora; 03-01-2018 at 03:55 PM..
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Old 03-01-2018, 04:18 PM   #573
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"Cashback earned is capped at S$50 per customer per month for local Visa payWave contactless transactions made with DBS Visa Debit Card only when you keep your cash withdrawals to three times or less and up to S$400 every month across all your DBS/POSB Cards as well as local DBS/POSB ATMs and branches in the same month."

Fund transfer via fast is not considered cash withdrawals right?
Seems like Posb savings a better option since only need $500 deposit?
The cashback cap is separate from my DBS live fresh credit card?
Yes, yes, yes.
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Old 03-01-2018, 05:13 PM   #574
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There is online account opening promo till 8 Jan. No min balance requirement if it is your first account with POSB/DBS. Can also get $20 amd chance GoPro hero if you fulfil the deposit/salary crediting requirememts.
https://www.posb.com.sg/personal/pro...ccount-opening

Good chance to open DBS multiplier as your first DBS/POSB account with no min balance requirement.

"If this is your first account with us, there'll also be no minimum average daily balance required, ever."

So if I had closed my posb ac several years ago, will this new ac be considered first account?
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Old 03-01-2018, 05:25 PM   #575
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"If this is your first account with us, there'll also be no minimum average daily balance required, ever."

So if I had closed my posb ac several years ago, will this new ac be considered first account?
you may have to contact dbs to enquire.
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Old 03-01-2018, 07:38 PM   #576
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Wait, now this paywave promo 5%, must have acct min bal of $500?
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Old 03-01-2018, 07:59 PM   #577
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Wait, now this paywave promo 5%, must have acct min bal of $500?
no. read the last few posts again.
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Old 04-01-2018, 06:35 PM   #578
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Cant enter the sms otp online at all via online application now. Seems like its locked.

Last month I apply new credit card no problem leh.

Last edited by efreelancer; 05-01-2018 at 02:17 AM..
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Old 13-01-2018, 10:56 AM   #579
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Have u all gotten the cashback for this month?

Spending last month
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Old 13-01-2018, 10:47 PM   #580
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Have u all gotten the cashback for this month?

Spending last month
usually near end of month then receive.. last month was one of the exceptions tho

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Old 13-01-2018, 11:34 PM   #581
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Thanks Charlie!
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Old 14-01-2018, 12:05 AM   #582
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5% cashbck promo until Dec 2017 only?

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Old 14-01-2018, 12:57 AM   #583
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5% cashbck promo until Dec 2017 only?

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no end date...
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Old 14-01-2018, 01:42 AM   #584
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Without this promo this card will quickly end up cancelled...
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Old 14-01-2018, 04:10 AM   #585
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Without this promo this card will quickly end up cancelled...
why so? it has no annual fees and have the multi currency feature when linked to a multi currency account.

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