POSB offers 1.38% p.a. for 4 months when you deposit fresh funds with no minimum required from 28 Nov – 15 Dec 2016 UPDATED 1 Dec 2016

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Starts28 Nov 2016 (Mon)Ends15 Dec 2016 (Thu)
Location POSB
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Get 1.38% p.a. interest for 4 months! Earn higher interest with the new POSB Fresh Funds Account promotion valid from 28 November 2016 to 15 December 2016

Capped at S$100,000, with no minimum amount required.

How to participate and how does this promotion work?

  1. Step 1: Open a POSB SGD Fresh Funds Account online before 15 December 2016, 5pm
    1. If you have iBanking: Apply via iBanking
    2. If you do not have iBanking: Apply via ATM/Debit Card & PIN
    3. When you open the account online, you will be prompted to select an existing account that will be used for signature reference. Your Cash Gift Interest will be credited to this reference account.
  2. Step 2
    1. Deposit fresh funds* into your POSB SGD Fresh Funds Account by 15 December 2016.
    2. Fresh funds deposit via cheque(s), cashier’s order(s) and demand draft(s) must be done by 14 December 2016, 2pm.
    3. This account has no applicable fees or charges.
    4. *Fresh funds refers to funds deposited through cheque(s), cashier’s order(s), demand draft(s), cash deposits, FAST 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 DBS/POSB cheque(s), DBS/POSB cashier’s order(s) or DBS/POSB demand draft(s). Multiple deposits are allowed
  3. Step 3: Maintain the fresh funds deposited in the account for 4 months until 15 April 2017 inclusive.
  4. Step 4: The Cash Gift Interest will be credited into your reference account by 31 May 2017. Your POSB SGD Fresh Funds Account will thereafter be auto-closed and all funds will be credited into your reference account.

For more info, visit POSB’s promo webpage here

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