Use Less ATM & You Can Get Cashback. Seriously.


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Last Updated on 2018-03-03 , 4:29 pm

If you were to tell me about something like this a few years ago, I would just assume that you’re messing with me.

You know, you’ll probably say something like, “Coz’ u use less ATM mah, so now have more money lah!”, dad-jokes level kind of nonsense.

image: knowyourmeme.com

And you’ll probably wake up in the hospital with no memory of the past 11 years of your life.

And it’ll have nothing to do with the broken fly swatter I’m holding. Honest.

*Ahem*

Anyway, let’s get back to the topic, shall we? With Singapore transforming(hopefully) into a smart nation, POSB is really stepping up their cash-free game!

As long as you limit your cash withdrawals at the ATMs or branches, you’ll get up to 10% monthly cashback!

Image: posb.com.sg

*Cashback will be awarded on Local Contactless, NETS Contactless and Scan & Pay spend made with eligible POSB/DBS products. Capped at S$50 per month. Cashback is not valid for contactless transactions above S$200.

The minimum spend of S$400 can be accumulated through Mastercard/Visa, NETS Contactless, Scan & Pay transactions made with eligible POSB/DBS products.

The promotion will be from 1 Mar until 30 June 2018!

Image: giphy.gif

As with all cashback “gimmicks”, there are a lot of things to take note of. So here are the links to their terms and conditions and FAQs.

Just so you know, here’s a list of POSB/DBS products and services to earn your cashback:

  • PAssion POSB Debit Card
  • DBS Visa Debit Card
  • DBS PayLah!
  • POSB/DBS digibank, iWealth Scan & Pay transactions
  • NETSPay
  • POSB Smart Buddy
  • HomeTeam-NS PAssion POSB Debit Card
  • DBS Safra Debit Card
  • DBS NUSSU Debit Card
  • DBS SUTD Visa Debit Card
  • DBS FasTrack (Payments made with Debit Card and DBS PayLah! only)
  • DBS Treasures Debit Card
  • DBS Treasures Private Client Debit Card
  • DBS Private Bank Debit Card

With so many countries in the world going cash-free, I believe now will be a good time for us to start getting used to paying for things without using cold hard cash!

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This article was first published on goodyfeed.com


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Featured image: posb.com.sg