DBS Treasures

[jinsatkilife]

Kena charged. Iirc, was $50 p m.

Can play washing game?

Dec 2027 benefits end then ask to cancel treasury

Then wait for invite again for free waiver

 

[alanchia67]

Can play washing game?

Dec 2027 benefits end then ask to cancel treasury

Then wait for invite again for free waiver

I think it is fine.

 

[royalmix]

sorry to bump this thread

I just received an email that I qualify for DBS Treasures, but I find there are so many conditions to fulfil (see images below).

Why/How this thread was started:

In Sept 2025, DBS invited some customers to TRIAL Treasurers with a "Big Carrot".

I joined Treasures and ate the "Big Carrot" and was given a choice to opt out after 6mths or maintain AUM/pay the fee if fall below. I opt out before 6 mths is due.

Hoping for another invite with "Big Carrot" but doubt will happen!

Recently, the bank changed business strategy: No need to join Treasures, an RM is assigned to me but I never activate the service.

 

[ahnyaahnya]

Can play washing game?

Dec 2027 benefits end then ask to cancel treasury

Then wait for invite again for free waiver

Don't qualify for Treasures now i think.
Was, iirc only 100k when I joined

 

[ahchan]

sorry to bump this thread

I just received an email that I qualify for DBS Treasures, but I find there are so many conditions to fulfil (see images below).

What's the point of joining where I need to maintain minimum portfolio balance of S$200,000?

I also received the same email yesterday.

As it is such a long email, I roughly read through it and find nothing special except the "Eligibility for the DBS Treasures welcome awards of up to 15k, subject to the criterias"...

So anyone did join earlier ? Can share if there is any real perk at all ?

Thanks.

 

[reddevil0728]

I also received the same email yesterday.

As it is such a long email, I roughly read through it and find nothing special except the "Eligibility for the DBS Treasures welcome awards of up to 15k, subject to the criterias"...

So anyone did join earlier ? Can share if there is any real perk at all ?

Thanks.

what's a real perk to ppl differ leh.

some wants access to those lounge to go drive coffee and read newspaper might be a real perk.

some others want access to more investment options and financing.

so what's considered real perk to you?

 

[ahchan]

what's a real perk to ppl differ leh.

some wants access to those lounge to go drive coffee and read newspaper might be a real perk.

some others want access to more investment options and financing.

so what's considered real perk to you?

Haha...I am a more practical person, so the perks I looking for is like welcome cash rebates or given high interest Fixed Deposit, etc...

 

[trave1er]

I also received the same email yesterday.

As it is such a long email, I roughly read through it and find nothing special except the "Eligibility for the DBS Treasures welcome awards of up to 15k, subject to the criterias"...

So anyone did join earlier ? Can share if there is any real perk at all ?

Thanks.

DBS Treasures (and above) grants you access to DBS Online Equity Trading (OET). Different from Vickers. OET has an all-in 0.12% trading fee for SGX counters, and no minimum charges.

I appreciate this because I tend to buy stocks with the the spare cash when my salary is credited and after expenses are accounted for.

FSMOne's flat fees can be cheaper if the investment amount exceeds about $7,800 I think. But I don't have that much monthly spare cash.

 

[reddevil0728]

Haha...I am a more practical person, so the perks I looking for is like welcome cash rebates or given high interest Fixed Deposit, etc...

Practicality is personal.

the person who doesn’t care about welcome cash rebates or high interest fixed deposit because all those are small things to him/her can also say that he/she is a practical person because want access to more investment options not available to retail and financing

 

[sohguanh]

DBS Treasures (and above) grants you access to DBS Online Equity Trading (OET). Different from Vickers. OET has an all-in 0.12% trading fee for SGX counters, and no minimum charges.

I appreciate this because I tend to buy stocks with the the spare cash when my salary is credited and after expenses are accounted for.

FSMOne's flat fees can be cheaper if the investment amount exceeds about $7,800 I think. But I don't have that much monthly spare cash.

Curious say one day you pull out your aum drop so get downgrade to non-treasures. Then those stocks bought earlier via OET can still be accessible for buy sell ? Or once non-treasures you will be forced to sell those stocks yoh bought using OET ?

 

[sglandscape]

Curious say one day you pull out your aum drop so get downgrade to non-treasures. Then those stocks bought earlier via OET can still be accessible for buy sell ? Or once non-treasures you will be forced to sell those stocks yoh bought using OET ?

Good question, anyone knows?

 

[CaptainWu]

Good question, anyone knows?

Not sure but think better plan to transfer out before the downgrade. DBS transfer out share is considered not that costly to me. A lump sum of $100 you can transfer as many SGX counters you have.

 

[trave1er]

Yes I know.

Firstly there is no auto-downgrade out of Treasures. Instead, DBS will charge a monthly service fee of $50 if your Assets Under Management (AUM) across all accounts falls below $200,000.

AUM includes:

1. Cash Holdings of all Accounts (Including SRS and Wealth Management Account)
2. Assets under SRS and Wealth Management Account (Assets include Unit Trusts and Shares)

If you have outstanding shares under the Wealth Management Account (which is where shares bought using OET are located), you cannot opt out of Treasures and avoid the monthly fee.

To close the Wealth Management Account and avoid the monthly fee, you will need to either sell the remaining shares under the Wealth Management Account or transfer them out to CDP.

 

[reddevil0728]

Not sure but think better plan to transfer out before the downgrade. DBS transfer out share is considered not that costly to me. A lump sum of $100 you can transfer as many SGX counters you have.

you had to pay to transfer?

 

[havetheveryfun]

Recently, the bank changed business strategy: No need to join Treasures, an RM is assigned to me but I never activate the service.

RM? more like sales person.

every few weeks send some generic email to "review portfolio". some even keep calling every few months trying to set up a teams meeting. see the emails below, just using basic template and no individuality.

A key service I provide is ensuring your financial journey stays on track and your plans remain aligned with your evolving goals and life priorities. With changes such as the recent adjustment to Singapore's retirement age, which is increasing to 64 on July 1, 2026, many Singaporeans are reconsidering their long-term financial strategies. These shifts often bring new considerations, from diversification to managing downside risk. I'm here to help you navigate these changes and assess your current financial plans, taking into account your individual goals, time horizon, and comfort with market fluctuations.

If you'd like to arrange a review, simply reply to this email, or you can schedule a call with me at your convenience via digiWealth.

I'm reaching out for a quick service check-in to ensure that your everyday banking activities are working at an optimum level. It's important for you to clearly see how your transactions truly benefit your current and savings accounts (CASA). This is why we're committed to giving you a thorough overview of how your banking activities are working for your accounts.

Our goal is to ensure you have a precise understanding of your savings progress and to clear up any common questions that often go unnoticed.

Simply reply to this email and let me know when you'd like to schedule this overview on your current banking setup and how this can best serve you and your financial goals. You may also schedule a call with me at your convenience via digiWealth.

 

[ahnyaahnya]

what's a real perk to ppl differ leh.

some wants access to those lounge to go drive coffee and read newspaper might be a real

Treasures has?

 

[reddevil0728]

Treasures has?

Has what?

 

[royalmix]

RM? more like sales person.

If you don't want sales calls, the golden rule for any Singapore bank app is simple: never tap "Activate", "Get Started", or "Financial Health Check" unless you genuinely want someone calling you to sell an Endowment or ILP!

No need to spam this thread with all the emails!

 

[CaptainWu]

you had to pay to transfer?

Yes I paid. Never attempted to ask for waiver as transferring out probably be difficult as you are taking out your investment.

 

[reddevil0728]

Yes I paid. Never attempted to ask for waiver as transferring out probably be difficult as you are taking out your investment.

Next time can try asking. Cause you after all have them business.