From 1 March to 31 August 2023, you can enjoy TWO ways to earn up to S$72 cashback!

To qualify, all you need to do is make your overseas transfers online with DBS Remit and spend with your DBS/POSB Debit and ATM Cards (NETS transactions included).

Yes, it’s that easy!

1) S$12 Cashback Welcome Reward - For new DBS Remit customers

With DBS Remit, you can enjoy same-day transfers at S$0 fees to 50+ destinations from wherever you are on digibank mobile. It’s quick and worry-free.

New to DBS Remit? Receive S$12 cashback when you remit at least S$300 within the same calendar month.

Enter promo code NEWREMIT before making a transfer. Promotion ends 30 September 2023.

 

Transfer now

 

Need help adding an overseas funds transfer recipient? Follow this step-by-step guide.


Terms and conditions for S$12 Cashback Welcome Reward

Applicable to customers who have not performed any DBS Remit or online outward international fund transfer within the past 12 months. Click here for full Terms & Conditions.

 

2) Up to S$60 cashback over 6 months

Be rewarded with up to S$10 cashback monthly when you remit and spend with us from March to August 2023.

Here’s how:

Remit

Spend

S$5 cashback
when you make an overseas transfer in a single transaction of min. S$300 with DBS Remit in the same calendar month
S$5 cashback
when you spend a min. of S$200 with your DBS/POSB Debit and/or ATM Cards (NETS transactions included) in the same calendar month

     


Terms and conditions for S$60 Cashback POSB Work Permit Remit and Spend Promotion

  • Open to selected Work Permit holders with a POSB Payroll Account opened between 01 September 2022 and 31 August 2023, both dates inclusive (“Eligible Customer”)

Click here for full Terms & Conditions.

 

Frequently Asked Questions for S$12 cashback DBS Remit Welcome Reward Promotion

Is registration required? How do I take part in the DBS Remit Welcome Reward Promotion?

No registration is required. This promotion is open to customer who are using DBS Remit service (“DBS Remit”) via digibank online or digibank mobile for the first time and did not perform DBS Remit or online outward international fund transfer within the last 12-months. All you need to do is to enter promo code “NEWREMIT” and accumulate a minimum of S$300 equivalent with DBS Remit within a Qualifying Period (as defined in Clause 5 of Promotion Terms and Conditions)

Illustration on where to enter promo code “NEWREMIT” on digibank mobile:

Will DBS Remit’s cut-off timing affect my Eligible Transactions?

No, it will be based on the DBS Remit transaction submission date. If the transaction with promo code “NEWREMIT” submission was done during the qualifying period, it will be counted as an eligible transaction.

Qualifying Period Eligible Transaction Submission Date, SGT
Qualifying Period 1 9 Jan – 31 Jan 2023, before 23:59
Qualifying Period 2 1 Feb – 28 Feb 2023, before 23:59
Qualifying Period 3 1 Mar – 31 Mar 2023, before 23:59
Qualifying Period 4 1 Apr – 30 Apr 2023, before 23:59
Qualifying Period 5 1 May – 31 May 2023, before 23:59
Qualifying Period 6 1 Jun – 30 Jun 2023, before 23:59

When and which account will the S$12 cashback be credited into?

If New Remit Customer has fulfilled all the criteria under Clause 3 of Promotion Terms and Conditions, Reward will be credited into the bank account used by Eligible Customer to perform the first Eligible Transaction and Reward Credit Date for each Qualifying Period as below table:

Qualifying Period Reward Credit Date
Qualifying Period 1 By 31 Mar 2023
Qualifying Period 2 By 30 Apr 2023
Qualifying Period 3 By 31 May 2023
Qualifying Period 4 By 30 Jun 2023
Qualifying Period 5 By 31 Jul 2023
Qualifying Period 6 By 31 Aug 2023
Qualifying Period 7 By 30 Sep 2023
Qualifying Period 8 By 31 Oct 2023
Qualifying Period 9 By 30 Nov 2023

Am I able to combine Eligible Transactions across different Qualifying Periods?

No, Eligible Transaction must be accumulated within the same Qualifying Period. Below are four scenarios to illustrate if customer fulfils the criteria under Clauses 3 and 5 of Promotion Terms and Conditions:

  Eligible Transaction Date, SGT Amount Promo Code Used Eligible for Reward?
Customer A 9 Jan 2023, 00:01 S$100 - Eligible, a S$12 cashback will be credited by 31 Mar 2023 as an accumulated DBS Remit transaction of S$300 is performed within Qualifying Period 1 (9 Jan – 31 Jan 2023, before 23:59).
     
18 Jan 2023, 15:00 S$100 NEWREMIT
31 Jan 2023, 23:59 S$100 -
Customer B 18 Feb 2023, 10:00 S$300 NEWREMIT Eligible, a S$12 cashback will be credited by 30 Apr 2023
Customer C 18 Jan 2023, 15:00 S$100 NEWREMIT Not eligible for cashback as transactions are made across different Qualifying Periods.
30 Jan 2023, 12:00 S$100 NEWREMIT
1 Feb 2023, 00:01 S$300 NEWREMIT
Customer D 9 Jan 2023, 00:01 S$300 - Not eligible for cashback as the promo code “NEWREMIT” was not used.
18 Jan 2023, 15:00 S$300 -
31 Jan 2023, 23:59 S$300 -

If I intend to make 3X DBS Remit transactions of S$100 in the Qualifying Period, do I need to input the promo code “NEWREMIT” for each transaction?

To qualify, you must enter promo code “NEWREMIT” for at least one of the Eligible Transactions within the Qualifying Period. Illustration on where to enter promo code on digibank mobile:

Frequently Asked Questions for S$60 POSB Work Permit Remit and Spend Reward

Is any registration required? How do I take part in this POSB Work Permit Remit and Spend Promotion?

No registration is required. This promotion is open to selected Work Permit holders with a POSB Payroll Account opened between 01 September 2022 and 31 August 2023, both dates inclusive.

Will the cut-off timing affect my DBS Remit transaction to be an Eligible Transaction?

No, it will be based on the DBS Remit transaction submission date so as long as the transaction was done during the qualifying period, it will be counted as an eligible transaction.

Qualifying Period Eligible Transaction Submission Date, SGT
Qualifying Period 1 01 – 31 March 2023, before 23:59
Qualifying Period 2 01 – 30 April 2023, before 23:59
Qualifying Period 3 01 – 31 May 2023, before 23:59
Qualifying Period 4 01 – 30 June 2023, before 23:59
Qualifying Period 5 01 – 31 July 2023, before 23:59
Qualifying Period 6 01 – 30 August 2023, before 23:59

When will I receive my cashback?

If you are eligible to receive the cashback, it will be into your bank account used by Eligible Customer to perform the first Eligible Transaction and Reward Credit Date for each Qualifying Period as below table:

Qualifying Period Cashback Credit Date Cashback Credit Date
Qualifying Period 1 01 to 31 March 2023 By 31 May 2023
Qualifying Period 2 01 to 30 April 2023 By 30 June 2023
Qualifying Period 3 01 to 31 May 2023 By 31 July 2023
Qualifying Period 4 01 to 30 June 2023 By 31 August 2023
Qualifying Period 5 01 to 31 July 2023 By 30 September 2023
Qualifying Period 6 01 to 31 August 2023 By 31 October 2023

Can I get $20 cashback every month if I remit or spend more?

The Reward is capped at S$10 cashback per customer per calendar month, up to S$60 cashback over the Promotion Period, regardless of the number of Eligible Transactions made during the Promotion Period.

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