Believe it or not, DBS/POSB is giving 10% cashback monthly when you limit cash withdrawals

Here's how to do it

10% cashback? Here’s how with DBS/POSB cards

In a push for a cash-free society, DBS and POSB have just released a new reward when you limit your cash withdrawals.

Previously, the banks offer a 5% cashback on contactless payments when you limit cash withdrawals to $400 or less per month. That is still available but starting today, both banks are offering a bigger 10% cashback when you don’t withdraw cash at all within the month!

The promotion will be available from 1 March to 30 June 2018, so tap away your expenses while you can within these few months.

Perfect for your grocery, shopping and dining transactions but do note there is a minimum monthly spending of $400 required and the cashback is not valid for contactless transactions above $200.

There is also a cashback cap of $50 per month.

You can use all the following DBS/POSB products and services to earn your cashback:

  • PAssion POSB Debit Card
  • DBS Visa Debit Card
  • DBS PayLah!
  • POSB/DBS digibank, iWealth Scan & Pay transactions
  • NETSPay
  • POSB Smart Buddy
  • HomeTeam-NS PAssion POSB Debit Card
  • DBS Safra Debit Card
  • DBS NUSSU Debit Card
  • DBS SUTD Visa Debit Card
  • DBS FasTrack (Payments made with Debit Card and DBS PayLah! only)
  • DBS Treasures Debit Card
  • DBS Treasures Private Client Debit Card
  • DBS Private Bank Debit Card
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