DBS/POSB Salary Credit Promotion: Earn Up To S$300 Cash Reward (1st April 2023 to 31st July 2023)

DBS/POSB is having a Salary Crediting Promotion valid from 1st April 2023 to 31st July 2023.

This promotion is available for those who didn’t have a salary credited to a DBS/POSB personal or joint account between 1st October 2022 and 31st March 2023.


You can earn cash rewards of up to S$300 by completing several requirements such as crediting a minimum monthly salary, opening a DBS Multiplier Account, or a POSB Save As You Earn (SAYE) Account.

How To Take Part:

  1. Submit online participation form available at: https://www.dbs.com.sg/Contact/dbs/salary-credit-promotion/default.page
  2. S$200 cash reward: Credit a minimum monthly salary of S$1,600 via GIRO using transaction reference codes SAL or PAY, to your DBS/POSB account for three consecutive months. The first salary credit must be done within the promotion period.
  3. Additional S$50 cash reward each:
    • Open a DBS Multiplier Account
    • Open a POSB Save As You Earn (SAYE) Account


Submit the online participation form
Within Promotion period
Credit Salary
S$1,600 per month for 3 consecutive months
Open/Convert a DBS Multiplier account
Online within Promotion period
Open a POSB SAYE account
Online within Promotion period