Have a joyful Chinese New Year with an S$18 Ang Bao!

Simply open an ePOSBkids Account online, wherever you are.

Deposit S$2,000 Fresh Funds and maintain it for a 6-month period (1 March – 31 August 2019).

Receive an S$18 Ang Bao from us.


For Kids

Account to Open Online Conditions to Fulfil Ang Bao
ePOSBkids Account
  1. Deposit S$2,000 Fresh Funds (“Fresh Funds Deposits”) to the newly opened account by 28 February 2019
  2. Maintain a minimum balance of S$2,000 in the account for the next 6 consecutive months (1 March - 31 August 2019)
S$18

SGD deposits are insured up to S$50k by SDIC.
Promotion ends 28 February 2019.
Please refer to the ePOSBkids Terms & Conditions for more details.

 

For Parents

Prosper this Chinese New Year with an S$180 Ang Bao!

Simply open your new account online, wherever you are.

Deposit S$20,000 Fresh Funds and maintain it for a 6-month period (1 March – 31 August 2019) to receive an S$180 Ang Bao.

If this is your first account with us, there’ll also be no minimum average daily balance required, ever. What’s more, apply via MyInfo* and you’ll be able to access your new account immediately.

*Learn more about MyInfo here.

Apply online now and your new Debit Card, if any, will be in the mail before you know it.

Promotion ends 28 February 2019.
Promotion Terms and conditions apply.

 

Account to Open Online Conditions to Fulfil Ang Bao
Deposit Account
  • DBS Multiplier Account
  • POSB Everyday Savings Account
  1. Deposit S$20,000 Fresh Funds (“Fresh Funds Deposits”) to the newly opened account by 28 February 2019
  2. Maintain a minimum balance of S$20,000 in the account for the next 6 consecutive months (1 March - 31 August 2019)
S$180

Please refer to the Terms & Conditions for more details.



Frequently Asked Questions

What is considered as Fresh Funds?

Fresh Funds refer to fund(s) directly deposited through cheque(s), cashier’s order(s), demand draft(s), cash deposits, FAST credit, PayNow credit, telegraphic transfer, share payment, IBG funds transfer and MEPS receipt.

These exclude any funds from any DBS/POSB account and funds deposited via any POSB/DBS cheque(s), POSB/DBS cashier’s order(s), POSB/DBS demand draft(s) or funds that are withdrawn and re-deposited within the Promotion Period.

Fresh Funds deposited via cheque(s), cashier’s order(s) and demand draft(s) must be done by 27 February 2019, 2pm. Multiple deposits are allowed. Only applicable for SGD deposits.

Can I withdraw from my eligible account between 1 March and 31 August 2019?

Funds are not earmarked hence, you can withdraw the funds in the account. However, in order to remain eligible, you must maintain an average daily balance of the stated amount throughout the 6-month period: 1 March - 31 August 2019.

I failed to maintain the required balance for one of the month, can I still receive the Ang Bao?

Customers that failed to maintain the required balance at any one point of the 6-month period will not be eligible to receive the Ang Bao.

Can I make multiple deposit of Fresh Funds?

Yes, as long as the fresh funds deposit is in the account by 28 February 2019.

Accounts available for you

Multiplier Account

ePOSBkids Account

Allow your kids to cultivate good savings habit from young.

Plus, enjoy special perks just for your kids!

Apply now

Multiplier Account

The New DBS Multiplier Account

No minimum salary credit required, no minimum credit card spend and up to 3.5% interest p.a.

Apply now

POSB Everyday Savings Account

POSB Everyday Savings Account

A savings account designed for your everyday banking needs and comes with eStatements.

Apply now

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