DBS Treasures

Garlic & Butter

Supremacy Member
Joined
Dec 30, 2010
Messages
7,218
Reaction score
208
Received this email too.
very underwhelming and still need 350k. They're too anxious to brag about this metric (xx% of customers are assigned an RM etc) in their annual report

200k can go for SCB or HSBC premier with lounge, priority pass, open overseas accounts, waiver of many charges/ fees.
 

itchying

Senior Member
Joined
Dec 28, 2011
Messages
1,849
Reaction score
271
I thought email says aum is waived till end 2027? So no need 200k or 350k right.
Received this email too.
very underwhelming and still need 350k. They're too anxious to brag about this metric (xx% of customers are assigned an RM etc) in their annual report

200k can go for SCB or HSBC premier with lounge, priority pass, open overseas accounts, waiver of many charges/ fees.
 

CaptainWu

Senior Member
Joined
May 18, 2019
Messages
1,197
Reaction score
237
Received this email too.
very underwhelming and still need 350k. They're too anxious to brag about this metric (xx% of customers are assigned an RM etc) in their annual report

200k can go for SCB or HSBC premier with lounge, priority pass, open overseas accounts, waiver of many charges/ fees.
I think 350k is to start with the Treasures, after than you just need to maintain 200k, same as SCB or HSBC.
 

singaporean11

Senior Member
Joined
Sep 21, 2024
Messages
1,832
Reaction score
824
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).

DBS-Treasures1.jpg


DBS-Treasures2.jpg


DBS-Treasures3.jpg


What's the point of joining where I need to maintain minimum portfolio balance of S$200,000?
Because DBS only want people with more than S$200,000 to join mah.

But what is the point of joining DBS Treasures when DBS will charge you custodian fees for AUM (foreign stocks etc) after 2027? Investing is a long-term affairs and once you are in DBS Treasures, you are stuck for >30 years!
 

havetheveryfun

High Supremacy Member
Joined
Jul 16, 2010
Messages
29,513
Reaction score
5,641
Because DBS only want people with more than S$200,000 to join mah.

But what is the point of joining DBS Treasures when DBS will charge you custodian fees for AUM (foreign stocks etc) after 2027? Investing is a long-term affairs and once you are in DBS Treasures, you are stuck for >30 years!
can get chio RM to serve you and get the DBS Treasures angbao to give to relatives during CNY.
 

singaporean11

Senior Member
Joined
Sep 21, 2024
Messages
1,832
Reaction score
824
can get chio RM to serve you and get the DBS Treasures angbao to give to relatives during CNY.
So you mean so many people are so stupid that they signed up DBS Treasures just to see chio RM and so cheapo just for DBS Treasures angbao? 🤭

Many other banks also have chio RM and give free AngBao and also free Birthday Cake and also free Moon-Cake and free Airport Lounge Access and Free Airport Limousine transfer etc AND YET MINUS the expensive AUM Custodian Fees that you need to pay DBS every year for joining DBS Treasures... :unsure:
 

sglandscape

Supremacy Member
Joined
Jan 30, 2023
Messages
6,154
Reaction score
2,974
So you mean so many people are so stupid that they signed up DBS Treasures just to see chio RM and so cheapo just for DBS Treasures angbao? 🤭

Many other banks also have chio RM and give free AngBao and also free Birthday Cake and also free Moon-Cake and free Airport Lounge Access and Free Airport Limousine transfer etc AND YET MINUS the expensive AUM Custodian Fees that you need to pay DBS every year for joining DBS Treasures... :unsure:
They may tell you because your RM is local can speak to you in Singlish.
 

jinsatkilife

Senior Member
Joined
May 4, 2019
Messages
2,460
Reaction score
2,238
So you mean so many people are so stupid that they signed up DBS Treasures just to see chio RM and so cheapo just for DBS Treasures angbao? 🤭

Many other banks also have chio RM and give free AngBao and also free Birthday Cake and also free Moon-Cake and free Airport Lounge Access and Free Airport Limousine transfer etc AND YET MINUS the expensive AUM Custodian Fees that you need to pay DBS every year for joining DBS Treasures... :unsure:
Which banks are these ah
 

devion

Senior Member
Joined
Jan 30, 2001
Messages
1,672
Reaction score
214
received the email invite but does not seem to be attractive to join. Later in 2027 get charged for the fees if never maintain the AUM.
 

CrashWire

Supremacy Member
Joined
Nov 28, 2000
Messages
5,953
Reaction score
812
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?

Just curious: what kind of instruments are you keeping with DBS for you to qualify for Treasures organically?

Unless you're the kind to keep lots of cash. 😱
 

sango65

Master Member
Joined
Oct 21, 2013
Messages
4,041
Reaction score
2,790
Just curious: what kind of instruments are you keeping with DBS for you to qualify for Treasures organically?

Unless you're the kind to keep lots of cash. 😱
I also not sure, hit the maximum for DBS Multiplier - $100k, have a DBS home loan of $200k. That's all, not sure why they invited me.
 

royalmix

Master Member
Joined
Feb 23, 2016
Messages
4,263
Reaction score
1,267
I also not sure, hit the maximum for DBS Multiplier - $100k, have a DBS home loan of $200k. That's all, not sure why they invited me.

Some people overthink it like they got handpicked by management. It’s just an AI script doing targeted marketing on potential leads using consolidated data like SGFinDex.
 
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ Forums. Forum members and moderators are responsible for their own posts. Please refer to our Community Guidelines and Standards and Terms and Conditions for more information.
Top