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DBS/POSB rolls out SG60 deals, including 60-cent meal deals
Education Minister Chan Chun Sing (right) and Senior Parliamentary Secretary for Culture, Community and Youth and Social and Family Development Eric Chua at the POSB “Support Our Heartlands” community event at Tiong Bahru Plaza on March 15.PHOTO: LIANHE ZAOBAO
Judith Tan
Mar 15, 2025, 08:04 PM
SINGAPORE – To celebrate Singapore’s 60th birthday, DBS/POSB has rolled out year-long special offers for its customers that include 60-cent grocery and meal deals, while also ramping up the bank’s efforts to improve the well-being of vulnerable seniors.
At an event on March 15, the bank said its employees will engage with seniors from super-aged and aged towns, such as Ang Mo Kio, Queenstown and Bedok, and drive initiatives to improve their nutrition and deepen social connections.
The bank said it will also redouble its community engagement efforts throughout SG60. This includes taking its digital and financial literacy carnivals and getai roadshows to more neighbourhoods to make digital and financial education more accessible and convenient for everyone.
For all customers, the bank has lined up a suite of “60-themed” rewards and deals all year round, which are available through the POSB Everyday Card and PAssion POSB Debit Card.
They include:
- 60-cent rice (1kg pack) and 60-cent oil (500ml bottle) at any Sheng Siong supermarket for customers who purchase these essential items, capped at the first 50,000 redemptions for each item a month from now until June 30;
- 60-cent deals at participating food and beverage outlets from July 1 to Sept 30; and
- 60 per cent discount on entry passes to participating attractions from Oct 1 to Dec 31.
Education Minister Chan Chun Sing and Senior Parliamentary Secretary for Culture, Community and Youth and Social and Family Development Eric Chua were at the POSB “Support Our Heartlands” community event at Tiong Bahru Plaza, where they interacted with participants.
Mr Chan, who is anchor minister for Tanjong Pagar GRC, said at the event that Mr Chua will continue to look after the residents of Queenstown, as will the rest of the Tanjong Pagar team.
The Electoral Boundaries Review Committee had in its March 11 report carved out Queenstown from Tanjong Pagar GRC into a new single-member constituency. Queenstown division has been represented by Mr Chua since 2020.
The current five-member team for Tanjong Pagar GRC comprises Mr Chan; Minister in the Prime Minister’s Office and Second Minister for Finance and National Development Indranee Rajah; Minister of State for Trade and Industry and Culture, Community and Youth Alvin Tan; Mr Chua and Ms Joan Pereira.
Mr Chan said: “(Mr Chua) will continue to take care of Queenstown... and we will continue to work with him. He is always part of our team of brothers and sisters.”
Asked by reporters earlier whether he will be contesting in the newly demarcated Queenstown SMC, Mr Chua said: “The plan has not been finalised yet, so it is too early to speculate now.”
For now, Mr Chua said, it is “business as usual”, which included continuing with his home visits during the weekends.
At the event, the bank also announced lower monthly mortgage payments for both aspiring and existing Housing Board home owners through the bank’s HDB three-year fixed-rate home loan package.
The bank also said that it will offer a one-time cash bonus of up to $310 to customers who credit their salary into a DBS/POSB account for the first time. This includes full-time national servicemen and those on their first job.
DBS Singapore country head Lim Him Chuan said: “We feel it is important to commemorate this SG60 year by continuing to give back to fellow Singaporeans and residents, as we remain steadfast in our commitment to standing by our customers and the community.”