The DBS Group is one of the world’s largest financial institutions and a leading provider of banking, insurance, securities, fund management, and electronic payment services. Established in 1959 as a state-owned entity under the People’s Republic of Singapore government, the DBS Group is today part of an independent bank with over 90 offices across the Asia Pacific.
What are the DBS Treasures?
The DBS Treasures is a loyalty program offered by the DBS Group to its customers. The program offers rewards for loyal banking members and allows them to earn points on every transaction they make at any of the DBS Group’s branches in Singapore, Malaysia, Indonesia, Thailand and Hong Kong. As with most other bank-run loyalty programs around the world, the DBS Treasures awards certain points for everyday transactions. These points are then exchanged for cash or other prizes.
Every month, the DBS Group also grants members a special prize draw where each member is given one entry into the draw, and there are thousands of prizes up for grabs. The main focus of this promotion is on shopping-related items and services such as: luxury watches, electronics; clothing; jewellery; travel packages; spa services, tickets to events, and much more.
How much do you need to qualify for a DBS treasure?
The DBS Group’s treasure product is one of their best-known products. It offers high returns on deposits, a competitive interest rate, and quick access to your money. However, in order to qualify for DBS treasures, there are a few conditions that must be met which include:
- 1) You must have an account balance of at least SGD15,000 or equivalent in foreign currency.
- 2) Your deposit must be made through the DBS website.
- 3) You need to be a Singaporean Citizen or Permanent Resident and hold an eligible HSBC Bank account with over S$1,000 in your current account balance.
- 4) If you are not a Singaporean Citizen or Permanent Resident, but you meet the requirements above, you can still apply for the treasure by opening an HSBC Bank account and making your deposit online.
What is the DBS Treasures interest rate?
One thing you should know about the DBS Group is its interest rates. The company has a range of different interest rates depending on your individual needs. If you’re looking for a fixed deposit account, then the DBS Group has a 1-year rate of 0.5 percent and a 1-month rate of 0.4 percent. But if you’re more interested in investing in stocks, the DBS Group offers an annual return of 7 percent with a three-month return of 6.8 percent. If it’s international trading that interests you, then there are also offerings to suit your needs with an annual return of 8.3 percent, while those planning to purchase insurance can get a 3-year term life cover at 4.6 percent or a 5-year term life cover at 8 percent. There are many different options available from the DBS Group to meet your personal financial needs, but all come with attractive return rates for investors who are willing to put forth some effort into researching what they need for their financial future.
DBS Treasures outlets
DBS Treasures is the DBS Group’s dedicated outlet for luxury goods, where prices range from $10,000 to $1,000,000. The outlet carries a wide variety of products like jewellery and watches. DBS Treasures also offers an exclusive selection of diamond rings that can be custom made for your loved one in any size or shape. The DBS Group operates 23 outlets in 10 countries around the world, with their flagship store at Millenia Walk in Singapore and other branches in Hong Kong, Kuala Lumpur, Beijing, Tokyo and New York City.
Why Use DBS to Fund an Account?
The DBS Group offers a range of different funding solutions, including B2B, B2C, and C2C. The main advantage of using the DBS Group to fund your account is that they have a wide range of products, such as bonds, stocks, funds, and other financial products, so you can choose what suits your needs. Furthermore, the DBS Group offers guaranteed liquidity for your funds without any penalties or fees. This means that if you need to close your account at any point in time and withdraw your funds from the system, you will be able to do so without paying any additional fees. This way, you’ll know what you’re paying for in advance and won’t be surprised by any hidden fees on your statement later on.
How to create a DBS Accounts
One of the most common questions that investors have is how to create a DBS account. In order to create a DBS account, you must first open an account with a licensed financial institution. This can be an existing bank or brokerage firm in Singapore or outside of the country. Once you open your account, you will need to send your information and deposit funds into your new account. The next step is to verify your identity with the government authorities in Singapore by submitting documents such as your photo ID and passport number.
You will then receive your credit card or debit card, with which you can make transactions at any of the DBS Group’s branches or ATMs worldwide. Now that you have received your DBS account, there are several actions that you should take if you want to use it for investment purposes instead of just simply making purchases. First off, you will need to set up a trading platform like an online stock broker- this could be through FPRB or other online brokers like E*Trade or Interactive Brokers (IB).
Once this is done, it would be important that you sign up for their investment plan in order to make sure that you are investing in the way that best suits your needs and goals. If you do not sign up for an investment plan with them, they will place all their clients on the “Advisor Plan”. They also offer other options for trading- one being their “Investor Plan”, which costs US$10 per trade (this does not include
What is the benefit of DBS Treasures?
The DBS Group offers a variety of services, including the processing of foreign exchange, remittances, and international wire transfers. But what makes the DBS Group stand out is the DBS Treasures program which, as its name suggests, is an incentive program designed to reward members with benefits that are not seen in other programs. These benefits include:
- Special discounts on funds transfer fees
- Access to exclusive deals from vendors
- More opportunities for investment funds
- Special privileges for VIP customers For those of you who want to take part in this lucrative rewards program, however, there are certain requirements to meet. The most important requirement is that you hold at least USD 500 in your savings account with a minimum balance of USD 2,500.
You also must be a member of the DBS Visa Infinite Card or DBS MasterCard Platinum Plus Credit Card. In order to qualify for these privileges and obtain these special benefits, you will have to spend USD 1,000 on your card every year. If you can meet all the qualifications, then let’s hope everything works out well for you!
How to Register for DBS Treasures
If you are interested in the DBS Group, one of the first steps to take is to register for their online treasure hunt. The treasure hunt is a 24-hour competition that starts at 6:00 AM on Monday and ends at midnight on Tuesday. This treasure hunt will give you a chance to win various prizes, including cash prizes as well as unique experiences, merchandise, and other items. No purchase is necessary to enter this treasure hunt.
All you have to do is create an account on DBStreasures.com and log in with your email address and password, then submit your entry form before the deadline on February 12th, 2019. The process of entering the treasure hunt isn’t all that difficult; however, it can be very time consuming if you don’t know what you’re doing. The most important thing to remember when entering the treasure hunt is that timing is everything–you need to submit your entry form before the deadline for it to count!
Conclusion
At the time of writing, the DBS Group had over 7,000 branches worldwide, with the important ones located in Singapore, Malaysia, Thailand, Vietnam, Indonesia, China and Hong Kong. You can rely on the DBS system for secure financial services.