Dash $50 Promotion

NTTDoCoMo

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Anyone recieve the below promotion?

#Dash Easy Savings Account S$50 Cashback Promotion Terms and Conditions apply. This Promotion is valid from 23 July 2015 to 31 August 2015 (“Promotion Period”), and is open to selected existing Standard Chartered customers, who received an invitation via SMS to participate in the Promotion. To qualify for a S$50 Cashback, you must have an existing Dash Easy Savings Account, and deposit incremental fresh funds of no less than $8,000 into your Dash Easy Savings Account by 31 August 2015.* To determine the amount of “incremental fresh funds”, the average daily balance (“ADB”) in your Dash Easy Savings Account for any calendar month during the Promotion Period shall be compared to the ADB in the calendar month immediately before the Promotion Period.* For the purposes of this Promotion, fresh funds refer to funds not originating from any existing account with the Bank or funds that are not withdrawn and re-deposited with the Bank within 30 days of the Promotion Period. Click here for the full terms and conditions that apply.
 

jackieatbtu

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I got the email but not the SMS. So, dont think I am part of those selected customers. Plus, to get the $50, have to deposit 8000 on Aug 1 for the whole month of Aug to hit the average daily balance. Until I receive the SMS, will just assume I not eligible.
 

zeroX26

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Got the email also but no SMS since the T&C states the latter is required.
 

angcsbenny

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put $8000 for whole mth still worth... but if no get $50 then zzz
 

james9195

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Ya, i received this too. T&C are markedly different from previous promo. Now need to maintain incremental (vs prev mth) ADB of $8k for a calendar month during the promo period. And take note of the following clause too:

6. The Bank reserves the right to debit and/or forfeit any Cashback without compensation if:
a) you terminate your Dash Easy Savings Account and/or otherwise withdraw your
incremental fresh funds prior to the crediting of any Cashback; and/or


Also, definition of fresh funds applies.

So i will transfer in $8k on 1Aug and maintain it until get the cashback. Cashback credited by 30Sep2015, then withdraw balances from Dash. Effective interest will be minimal 3.75% pa. Not too bad.

I may hv to maintain deposit of more than $8k in Aug, if in previous month i have balances and transfers in/out of dash account or any acct at SCB .
 
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NTTDoCoMo

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Seems like most of us receive email only.

Probably SMS will only be sent during the day.
 
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HWZ1973

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Ya, i received this too. T&C are markedly different from previous promo. Now need to maintain incremental (vs prev mth) ADB of $8k for a calendar month during the promo period. And take note of the following clause too:

6. The Bank reserves the right to debit and/or forfeit any Cashback without compensation if:
a) you terminate your Dash Easy Savings Account and/or otherwise withdraw your
incremental fresh funds prior to the crediting of any Cashback; and/or


Also, definition of fresh funds applies.

So i will transfer in $8k on 1Aug and maintain it until get the cashback. Cashback credited by 30Sep2015, then withdraw balances from Dash. Effective interest will be minimal 3.75% pa. Not too bad.

I may hv to maintain deposit of more than $8k in Aug, if in previous month i have balances and transfers in/out of dash account.

The T&C did not indicate how long to keep the $8k in the account, just need to deposit before 31 Aug 15.
 

NTTDoCoMo

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The T&C did not indicate how long to keep the $8k in the account, just need to deposit before 31 Aug 15.

One of the Criteria is "increase of no less than S$8,000 in the average daily balance (“ADB”)"

To qualify for this Promotion:
a) you must have been invited to participate in the Promotion, having received the
Promotional SMS from the Bank during the Promotion Period;
b) you must have an existing Dash Easy Savings Account, of which you are the main account
holder;
c) you must deposit incremental fresh funds of no less than S$8,000 into your Dash Easy
Savings Account by 31 August 2015, provided always that:
(i) fresh funds refer to funds not originating from any existing account with the Bank
or funds that are not withdrawn and re-deposited within 30 days of the Promotion
Period; and
(ii) there is an increase of no less than S$8,000 in the average daily balance (“ADB”)
in your Dash Easy Savings Account for any calendar month during the Promotion
Period, as compared to the ADB in the calendar month immediately before the
Promotion Period, where ADB refers to the sum of the end-of-day balances in your
Dash Easy Savings Account divided by the number of days in a particular calendar
month; and
d) your Dash Easy Savings Account must be validly existing (i.e. must not be suspended,
cancelled or terminated), in good standing, and conducted in a proper and satisfactory
manner at all times, including the time of crediting of any Cashback (as defined below), as
determined by the Bank in its sole and absolute discretion.
 

minqiang

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One of the Criteria is "increase of no less than S$8,000 in the average daily balance (“ADB”)"

To qualify for this Promotion:
a) you must have been invited to participate in the Promotion, having received the
Promotional SMS from the Bank during the Promotion Period;
b) you must have an existing Dash Easy Savings Account, of which you are the main account
holder;
c) you must deposit incremental fresh funds of no less than S$8,000 into your Dash Easy
Savings Account by 31 August 2015, provided always that:
(i) fresh funds refer to funds not originating from any existing account with the Bank
or funds that are not withdrawn and re-deposited within 30 days of the Promotion
Period; and
(ii) there is an increase of no less than S$8,000 in the average daily balance (“ADB”)
in your Dash Easy Savings Account for any calendar month during the Promotion
Period, as compared to the ADB in the calendar month immediately before the
Promotion Period, where ADB refers to the sum of the end-of-day balances in your
Dash Easy Savings Account divided by the number of days in a particular calendar
month; and
d) your Dash Easy Savings Account must be validly existing (i.e. must not be suspended,
cancelled or terminated), in good standing, and conducted in a proper and satisfactory
manner at all times, including the time of crediting of any Cashback (as defined below), as
determined by the Bank in its sole and absolute discretion.
as compared to the ADB in the calendar month immediately before the
Promotion Period
, are this ref to June 2015? since This Promotion is valid from 23 July 2015 to 31 August 2015 (“Promotion Period”)?
 

james9195

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as compared to the ADB in the calendar month immediately before the
Promotion Period
, are this ref to June 2015? since This Promotion is valid from 23 July 2015 to 31 August 2015 (“Promotion Period”)?

Good pt. Yes, from my reading too, should be June2015 as the reference month.
 

arctician

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just called dash up..they have confirmed as long as one recv the $50 before for 8k topup we are not eligible for promotion
 

goldsilvercity

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just called dash up..they have confirmed as long as one recv the $50 before for 8k topup we are not eligible for promotion

Oh. I guess I am not eligible since I did receive the $50 cashback before for previous promotion :(

I think Esaver also got charges on 1st August.. haih
 
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