Which DBS debit card is the best?
Best DBS debit card: DBS Visa Debit Card
- The DBS Visa Debit Card has my vote for being the one of the best debit cards in Singapore.
- This is great because many supermarkets, restaurants and shops accept PayWave.
Is DBS Visa debit card free?
The DBS Visa Debit Card comes at no cost to the cardholder. There are no required signup fees or annual fees (for the initial year & subsequent years).
Which debit card has highest limit?
Dynamic Limits on Debit Cards
| Debit Card Variant | Current Default Debit Card Shopping Limit | Additional Dynamic Limits (only on select MCCs) |
|---|---|---|
| Rupay Premium Debit Card | 1.25 (Rs Lakhs) | 1.75 (Rs Lakhs) |
| Platinum Debit Card & Business Debit Card | 5.00 (Rs Lakhs) | – |
How much deposit do I need to open a DBS account?
No initial deposit required. No monthly account fees. If this is your first account with us, open online now and there will be no minimum average daily balance required. Service charge of S$5 if average daily balance falls below S$3,000 (based on total SGD equivalent of SGD & foreign currency balances).
Can I have 2 DBS account?
Yes, you may visit any DBS/POSB branch if you would like to add a joint person to convert the personal account into a joint account.
What is the minimum balance for DBS savings account?
Fall-below Fee
| DBS Account | Minimum Average Daily Balance (MADB) | Fees |
|---|---|---|
| DBS Savings Account (Opened before 12 September 2011) | S$500 | S$2.00 per month |
| DBS Savings Account (Opened from 12 September 2011) DBS Savings – SPEP Account | S$1,000 | S$2.00 per month |
| DBS Multiplier Account* | S$3,000 | S$5.00 per month |
Can I open POSB account at DBS?
No minimum salary credit. No minimum credit card spend….Are you a new to bank or an existing customer?
| Accounts (Click for more info) | Description | Application |
|---|---|---|
| POSB SAYE Account (Personal account only) | Enjoy extra 2% p.a. interest when you credit your salary and have successful monthly saving with us. | Apply Now |
Can you start a bank account with no money?
Yes, you can open a bank account with no deposit. Many banks require you to make a deposit to establish an account. But some financial institutions let you delay this step. You’ll want to find a good free online checking account or a credit union with no opening deposit required.
Can foreigners open DBS?
Foreigner (Dependent/Long term visit pass) Local bank statement/credit card statement. Letter issued by government of other public bodies regulated for AML practices in a FATF member country. Letter from regulated insurance companies in a FATF member country.
Is POSB account number same as DBS?
Are POSB account numbers the same as DBS? POSB account numbers are different from DBS. POSB accounts have an additional branch code that you will need to add to your account number (081).
What happens if I transfer money to the wrong DBS?
Contact the account holder directly or get in touch with us for assistance on any wrong local funds transfer. Part of: Guides > Your Guide to DBS PayLah! Contact the recipient directly to request for the return of funds.
Can transfer money from POSB to DBS?
Transfer Funds to Another DBS or POSB Account (One-Time) allows you to transfer funds immediately to another account within DBS or POSB without adding a recipient.
Is DBS Savings same as POSB savings?
Is DBS Savings same as POSB savings? If you are looking for personal savings accounts, you will be able to apply for either DBS savings accounts if you are an existing POSB customer and vice versa. The terms and conditions, interest rates, and mechanics of the accounts will be the same.