- Open a POSB SGD Fresh Funds Account online before 15 December 2016, 5pm.
- Deposit fresh funds into your POSB SGD Fresh Funds Account by 15 December 2016.
- Maintain the fresh funds deposited in the account for 4 months until 15 April 2017 inclusive.
- 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.
When I alighted at the MRT station to work, I notice there is a long queue and most of them are elderly aunties and uncles. Overhearing the conversation, I realise they are queuing up for the POSB fixed deposit promotion. If you have not heard, POSB is offering 1.38% per annum bonus interest for 4 months.
Below is referenced from POSB website. In summary, what you need to do
