DBS (Joke) Deal (user specific)- Maintain 4 lakh to 5lakh+ for a month & get Amazon GVs from 1k to 2.5k on spending min 2000-5000 on debit card

Maintain balance of 4-4.99999 Lakh from 29th dec to 31st jan 2021 & spend min 2000 using debit card to get 1k amazon GV.

Maintain balance of 5 Lakh+ from 29th dec to 31st jan 2021 & spend min 5000 using debit card to get 2.5k amazon GV.

For comparison if you keep 5 Lakh in IDFC bank savings acc for 1 month then at 7% interest rate you will get 2.9k interest(hence the joke in deal title ).

T&C:
https://www.dbs.com/digibank/in/campaigns/live-...

3 steps to win Amazon vouchers up to Rs. 2500:

Choose Level – Amazon vouchers up to Rs. 2,500
Tip: You do not need to tell us your choice, you can fulfill the criteria and soon you will receive the vouchers

Spend – Spend as perthe level/s specified in the campaign communication, using your digibank Debit Card, between 29th December 2020 and 31st January 2021
Tip: Do check what qualifies as spends below?

Average balance – Average account balance in digibank savings account as per the respective level/s specified in the campaign communication, maintained every day during the campaign period.

Start Now – Make sure you start on 29th December 2020.
Tip: A late start might result in you missing out on the offer. Do check why it is important to start on 29th December 2020? below
Terms and Conditions
This campaign is brought to you by DBS Bank India Limited (“DBS Bank”).
Eligible customers will receive Amazon India vouchers within 90 days of the campaign end date viz. 31st January 2021 at their email address or mobile number registered with their digiSavings account.
DBS Bank reserves the right to modify, cancel, extend or discontinue the campaign, the website and/or these terms and conditions or any part thereof at any time without prior notification.
Campaign duration is between 29th December 2020 – 12 AM to 31st January 2021 – 7 PM.
Customers can choose their Amazon voucher level and fulfill the respective required spends and average balance criteria as per the campaign communication received from DBS Bank.
Customer will only be eligible for 1 offer amongst the available options shared with them in communication from DBS Bank. Customer should qualify all the criteria for the chosen segment to be eligible to receive the vouchers.
Details of transaction types which are qualified and those which are unqualified, for the purposes of this campaign are provided below.
All criteria mentioned in the campaign communication are mandatory to be complied for receiving vouchers. Customers failing to complete any or all, will not be eligible for vouchers.
DBS Bank reserves the right to disqualify any customer from the benefits of this campaign if any fraudulent activity is identified as being carried out for the purpose of availing the benefits under the campaign terms and conditions or otherwise by use of the digibank debit Card.
Participation in this campaign is voluntary and by participating in the campaign, you are deemed to have read, understood and accepted these Terms and Conditions.
By participating in this campaign, you consent to our collection and use of your personal data and the use and disclosure of your personal data by/to third parties for the purpose of the campaign. You agree to the terms of the DBS Bank Privacy Policy, a copy which can be found at www.dbs.com/p...cy.
By participating in this campaign, you hereby consent to get your details like name, account number, transaction details etc. published as a part of the winner list.
This campaign will be governed by the laws of India and shall be subject to the jurisdiction of courts in Mumbai.
Campaign vouchers are available for all DBS customers who comply with these terms and conditions (except customers who have closed accounts or whose account is frozen as on voucher disbursal date)
Employee of DBS Bank and their relatives will not be eligible to be a part of this campaign.
DBS Bank may request bills and related proof of purchase to verify the completion of spends & spends criteria fulfillment for the vouchers, the failure to present this may lead to disqualification.
All issues pertaining to this campaign can be raised within 90 days from the last day of vouchers fulfillment. If any dispute or complaint or query raised after the said 90 days, then the same will not be entertained.
Usage of voucher is subject to Amazon’s applicable terms and conditions associated with the voucher.
DBS Bank shall not be held liable in any manner whatsoever for any loss or damages arising in connection with the usage of voucher.
Customers shall raise all inquiries/complaints about Amazon voucher directly with Amazon.
Customers can email their concerns at [email protected]
You can also call our customer care:
Calling from India

1860 267 1234 / 1800 209 4555

Calling from Singapore

800 852 6186

Calling from overseas

+91 44 6685 4555

Important Dates

29th December 2020 – Campaign criteria evaluation start date.

31st January 2021 – Campaign criteria evaluation end date.

Why it is important to start on 29th December?
Let’s say – you choose to receive Rs. 2500 Amazon voucher. You need to spend a total of Rs. 5000 on your digibank debit card as per the qualified spends for this offer below.

To receive Rs. 2500 Amazon vouchers – average balance in your account per day should be more than Rs. 5,00,000

Average daily balance = (Sum of end of daily balance for the period)/ (number of days in the period)

Why is it important to start on first day? Let us check with an example with a simple 3-day calculation.

Kiran & Karan both opt for Rs. 2500 vouchers. Karan did not fulfill the criteria on the day 1. He had to compensate on other 2 days. Kiran was smarter and started on day 1 to win easily.

Scenario 1:

End of day balance in Karan’s account for last 3 days is:

Day 1

Day 2

Day 3

300,000

500,000

500,000

As per the formula above, Average daily balance = (Rs. 1,300,000)/3 = Rs. 433,333

In this scenario even after keeping Rs. 500,000 on day 2 – Karan might not receive vouchers worth Rs. 2,500 and might only receive vouchers worth Rs. 1000 if all other criteria is fulfilled.

Scenario 2:

Kiran is smarter here, Kiran’s end of day account balance for last 3 days is:

Day 1

Day 2

Day 3

500,000

500,000

500,000

As per the formula above, Average daily balance = (Rs. 1,500,000)/3 = Rs. 500,000

Kiran will be eligible for Amazon vouchers worth Rs. 2,500 if all other criteria for the campaign are met

The campaign is more than 3 days long, so it is important you fulfill the criteria for the Amazon vouchers of your choice from day 1.

Campaign period: 29th December to 31st January (34 days)
What qualifies as spends with your digibank Debit Card spends criteria?
Customer needs to shop for a minimum of the amount specified in the campaign communication received from DBS Bank as per the level chosen by the customer and maintain the average monthly balance applicable for the chosen level.
Customer can shop for the asked amount in a single or multiple transaction during the campaign period.
digibank Debit Card spends can be done either online or offline.
Only successful transactions during the campaign period will be considered. Incomplete / rejected / invalid / returned / disputed or unauthorized / fraudulent transactions will not be considered for the campaign
All purchase transactions on POS / e-POS (i.e. transactions at merchant outlets and online transactions) made using digibank Debit Card will be considered as spends for this campaign.
Which transactions do not qualify as spends for this campaign?
Any transaction to purely fund a bank account or any other wallet/financial institution associated app/website (e.g. CRED, PayTM, PayUMoney, Mobikwik, Citrus, Airtel Money, RazorPay etc.) will not be considered as digibank debit card spends for this campaign.
Cash withdrawals at ATMs or DBS Bank branches, fuel payment, tax payments, insurance or mutual fund purchase will not be considered as a digibank debit card spends for this campaign.
Any account or any wallet transfers will not be considered as DBS Bank Debit Card spends for this campaign.
Recharge, Bill Payment, QR code Payment, UPI transaction completed in-app or other wallets (as mentioned above) will not be considered as spends for this campaign.
Payments for online gaming and online gaming websites will not be considered as spends for this campaign.
Any transaction done on the last day of the campaign period (i.e 30th November 2020 ) after 7 pm will not be eligible for this campaign.