DBS changed its Mutiplier plan

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maumu

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Euqorab

Euqorab

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chiokcc said:
To DBS's credit, many things can already be done digitally online .... so I am still unsure why the recent CASA promo needs to be done physically ... only reason is to "lure" people to the branch to give more work to the Financial Advisors .....
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Sell more perps!!! :s15:

I also suspect they want to control the amount of deposits because they just can’t risk making it mainstream especially during low interest rates days… hence my scepticism that they might nerf this thing because now rising interest rates…
 
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royalmix

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chiokcc said:
To DBS's credit, many things can already be done digitally online .... so I am still unsure why the recent CASA promo needs to be done physically ... only reason is to "lure" people to the branch to give more work to the Financial Advisors .....
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Branch-only deposit promos aren't just a marketing ploy—they're a multi-objective operational strategy.

They enforce :
1. physical AML compliance for large deposits,
2. bridge the digital accessibility gap for tech-hesitant seniors, and
3. optimize branch workforce utilization without retrenchments.

and many more! It has been there for more than 2 years, and you are still complaining? Have a Heart!

If I recall correctly, you were offered online promos a number of times too! :LOL:
 
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sglandscape

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chiokcc said:
To DBS's credit, many things can already be done digitally online .... so I am still unsure why the recent CASA promo needs to be done physically ... only reason is to "lure" people to the branch to give more work to the Financial Advisors .....
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Maybe cause you're not the target audience? Must have a reason why they keep doing it this way for so long.
 
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chiokcc

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royalmix said:
Branch-only deposit promos aren't just a marketing ploy—they're a multi-objective operational strategy.

They enforce :
1. physical AML compliance for large deposits,
2. bridge the digital accessibility gap for tech-hesitant seniors, and
3. optimize branch workforce utilization without retrenchments.

and many more! It has been there for more than 2 years, and you are still complaining? Have a Heart!

If I recall correctly, you were offered online promos a number of times too! :LOL:
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No lah, don't get me wrong, I do visit physical branch every now and then ..... I still holds bank book and need to go change when the pages are full ..... so I try to do more than 1 banking transactions for every time I queue .....

Last week I did 3 : change bank book, earmark for the 1 year CASA promo, and deposit some old notes which I am not confident the current ATM can recognise .....
 
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jess_sy

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Euqorab said:
Her first response was cannot, unless different account (I am stacking with multiplier interests)… didn’t want to waste her time, so I told her i will read the T&C myself

I haven’t tried yet, but the T&C is one account one promotion… but if the 3-month Casa and 12-month Casa are two distinct promotions, then the conditions probably don’t apply… I hope I have the luck to try it though
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Anybody tried subscribe to both promotion?
 
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CrashWire

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chiokcc said:
No lah, don't get me wrong, I do visit physical branch every now and then ..... I still holds bank book and need to go change when the pages are full ..... so I try to do more than 1 banking transactions for every time I queue .....

Last week I did 3 : change bank book, earmark for the 1 year CASA promo, and deposit some old notes which I am not confident the current ATM can recognise .....
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Why reply to AI slop?
 
WoShiPro

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royalmix said:
You are DBS staff? Publicly complaining about internal bank systems and backend access on an open forum isn't just unprofessional—it's a direct breach of employment conduct and confidentiality rules.
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I'm not. That what I hear from colleagues ex dbs. I'm surprised to hear many banks including international banks using system from 70-80s
 
Euqorab

Euqorab

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WoShiPro said:
I'm not. That what I hear from colleagues ex dbs. I'm surprised to hear many banks including international banks using system from 70-80s
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Well, remember they couldn’t even do an asterisks in masking our paynow names, resorting to using XXX resulting in funny names… hahahahaha
 
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Shalom_555

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Just received email on promo for treasures - get $508 for every fresh funds $100k. Funds to be held 1nov-12 feb28. It states equivalent 1.8.% with early bonus $38 link go-dbs.com/sg-tr-ff
Looks like 12 mths CASA 1.8 that is being discussed here, , not sure what is the advantage of this promo…
 
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ThreeSteps

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Shalom_555 said:
Just received email on promo for treasures - get $508 for every fresh funds $100k. Funds to be held 1nov-12 feb28. It states equivalent 1.8.% with early bonus $38 link go-dbs.com/sg-tr-ff
Looks like 12 mths CASA 1.8 that is being discussed here, , not sure what is the advantage of this promo…
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It's on the website ?
https://www.dbs.com.sg/treasures/promotion/fresh-funds-promo
https://www.dbs.com.sg/iwov-resourc...-fresh-fund-sep-2026-terms-and-conditions.pdf
 
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bargin

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itchying said:
Hi. Anyone knows the latest short term casa promo from 8 oct? Tia
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jess_sy said:
Anybody went today to check?
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No more 3mths CASA promotion, only 12mths CASA promotion
Registration window period: 24 Sep 2026 to 31 Oct 2026
Earmark release date: 30 Sep 2027
Period 1: Date of registration - 31 Dec 2026 (register until 31 Oct 2026) Interest rate: 1.50% Bonus interest paid: 31 Jan 2027
Period 2: 1 Jan - 31 Mar 2027 Interest rate:1.68% Bonus interest paid: 30 Apr 2027
Period 3: 1 Apr - 30 Jun 2027 Interest rate:1,88% Bonus interest paid: 31 Jun 2027
Period 4: 1 Jul - 30 Sep 2027 Interest rate: 2,08% Bonus interest paid: 31 Oct 2027
 
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