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How to be eligible to receive a cashback
Successfully open one of the following eligible current(s) during the promotion period:
- Smart Business$aver Current Account (SGD)
- Business$aver Current Account (SGD)
- BusinessOne Current Account (SGD)
- Essential Lite Chequing Current Account (SGD)
- Business$aver Current Account (USD)
- BusinessOne Current Account (USD)
FUNDING OFFER |
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• Earn $60 cashback* for every $100,000 Funding Amount (cap at $600 cashback*). • Simply deposit and maintain and average balance of at least $100,000* in an Eligible Account for 2 months after the month of account opening (Maintenance Period). |
*Cashback and average balance will be in the currency of the Eligible Account.
Promotional and Maintenance Period
PROMOTION PERIOD DATES | MAINTENANCE PERIOD |
|---|---|
| Accounts open from 1 October 2025 to 31 October 2025 | 1 November 2025 to 31 December 2025 |
| Accounts open from 1 November 2025 to 30 November 2025 | 1 December 2025 to 31 January 2026 |
| Accounts open from 1 December 2025 to 31 December 2025 | 1 January 2026 to 28 February 2026 |
To Illustrate
| CUSTOMER A | CUSTOMER B | CUSTOMER C |
|---|---|---|---|
| Promotion Period | |||
| Date of Account Opened | 10-Oct-2025 | 2-Nov-2025 | 15-Dec-2025 |
| Date of Fresh Fund Placement | 15-Oct-2025 | 5-Nov-2025 | 18-Dec-2025 |
| Fresh Fund Amount | $150,000 | $2,000,000 | $50,000 |
| Maintenance Period | |||
| Maintenance Period Month 1 ADB (a) | Nov 2025 – $200,000 | Dec 2025 – $2,000,000 | Jan 2026 – $50,000 |
| Maintenance Period Month 2 ADB (b) | Dec 2025 – $500,000 | Jan 2026 – $1,500,000 | Feb 2026 – $70,000 |
| Funding Amount | $350,000 | $1,750,000 | $60,000 |
| (c) = (a) + (b) / 2 | |||
| Block(s) of $100,000 of Funding Amount (capped at 10 blocks) | 3 | 10 (Capped at 10 blocks) | 0 |
| Cashback Calculation | |||
| Promotion Criteria – Funding | 3 x $60 = $180 | 10 x $60 = $600 | Do not qualify as Funding Amount is <$100,000 |
Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.