Not only do you need to buy a policy after you have set up your POSB Cashback Bonus, the policy’s premiums would only get cashback for the first 12 months. Insurance should also be ignored since it is a difficult requirement to fulfil. You get 3% cashback on the amount of mortgage you have with DBS subject to a cap of S$30 cashback per month, or up to S$1,000 of mortgage. Home Loan Instalments get a ☆ for either being the easiest category you can fulfil if you have a mortgage with DBS, or something you can ignore altogether if you don’t have one. There are a total of 5 different categories to earn cashback on: Category You can do so in iBanking (on a desktop browser). Switching does not work according to user reports, you have to opt out of your Multiplier then opt in POSB Cashback Bonus. To enroll in POSB Cashback Bonus, you need to opt of DBS Multiplier if you are an existing Multiplier customer. Moreover, there are easy ways to clock a few of the requirements which we will discuss later in the article. The great thing about POSB Cashback Bonus is that you can earn cashback from this, and place your bank savings elsewhere instead to earn interest. When you achieve certain requirements with DBS, the programme awards you with cashback each month depending on the requirements achieved. ![]() While it seems to be a bank account, it’s more accurately a rewards programme for DBS savings accounts.
0 Comments
Leave a Reply. |