DBS Salary & Spend: Add an Easy S$500 to Your Account

Get an extra S$500 without working for it. Simply credit your salary and meet the spending threshold with DBS Salary & Spend promo. Here are all the details you need to know.

There ain’t no such thing as a free lunch, but sometimes, a deal comes along that's so good, it's practically the next best thing.

The DBS Salary & Spend promo is giving you S$500 with virtually no effort required on your part. That’s a good chunk of moolah, and all for free. But hang on – what’s the catch?

Table of contents

• DBS Salary & Spend promo, explained
  
  • Credit your salary and get S$300
  • Meet the minimum spend and get S$200
  • When will I receive my S$500 reward? 
• What if I don't have a DBS/POSB credit card?
  • SingSaver exclusive: DBS Special Comeback Offer
• Get S$500 cash + up to S$599 worth of rewards

DBS Salary & Spend promo, explained

There’s no catch, but you do have to take a couple of actions. Basically, DBS is recruiting more customers by giving away an eye-catching amount of money. 

Here’s what the promo is all about: From now till 30 October, simply credit your salary and meet the spending threshold. Fulfil both conditions and be rewarded with S$500 in total.

Condition 1: Credit your salary and get S$300 

For the first condition, credit your salary of at least S$1,600 for three consecutive months. You’ll need to credit your salary in SGD to a DBS or POSB account. 

Accomplishing this will earn you S$300. 

However, this promo is limited to new customers only – i.e., those who have not credited their salary to DBS/POBS from 1 February to 31 July 2024.

Terms and conditions for salary crediting

• Salary must be paid via GIRO with the code SAL/PAY
• The first qualifying salary credit must take place by 31 October
• Joint-accounts are eligible, but each account will only receive one cash reward

Condition 2: Meet the minimum spend and get S$200

Using your DBS/POSB credit or debit card, spend at least S$500 per month for three consecutive months. Do this and you’ll get a further S$200. 

Terms and conditions for card spending

• Monthly spending is counted starting from the month after your first salary credit
  • For example, if your first salary crediting is in October 2024, then the three-month spend period would be November and December 2024, and January 2025
• Minimum spend will be calculated based on local and foreign currency transactions posted by 7th of the following month 
• Only retail transactions will be counted, and the usual exclusions apply (NETS payments, utility bills, bank finance charges, etc.) 
• Spending can be across several cards, and you may use both credit and debit cards 

When will I receive my S$500 reward?

Refer to the following table for when you can expect to receive your S$500 reward.

What if I don’t have a DBS/POSB credit card?

As explained above, to receive the full S$500 reward, you’ll need to satisfy both of the campaign conditions.

But fret not, if you don’t have a DBS/POSB credit card – or even if you do – you’ll want to hear about our exclusive Special Comeback Offer!

SingSaver exclusive: DBS Special Comeback Offer

Only on SingSaver, unlock up to S$599 worth of rewards when you sign up for the following DBS/POSB credit cards!

Get S$500 cash + up to S$599 worth of rewards

Here’s the most exciting part. You can stack both DBS Salary & Spend promo, and SingSaver’s Special Comeback Offer to enjoy S$500 cash, and up to S$599 worth of rewards! 

Here’s how you can do so:

1. Credit your salary to DBS/POSB, making sure you clear all the eligibility requirements and terms and conditions
2. Apply for one of the four DBS/POSB credit cards featured in SingSaver Special Comeback Offer. Your rewards will be processed by our team.
3. Meet the minimum spend requirements for DBS Salary Spend, and wait for your S$500 reward from DBS

Seriously, you’ll be hard pressed to find a better deal than this, so you won’t want to miss your chance!