[Digisavings] Discussion thread
Created a new thread as it is no longer a wallet but like ke a full fledged account minus cheque book. So doesn’t come under the purview of existing wallet thread. And it has started marketing so aggressively now that it would attract so many new customers.
Download links
Play store: https://play.google.com/store/apps/details?id=c...
Apple Store: https://itunes.apple.com/in/app/digibank-by-dbs...
NO MINIMUM BALANCE REQUIREMENT
Two variants:
1. Digibank e-wallet
-NO interest
-NO Physical debit card
-Virtual VISA Card
-Registration from the app itself, no other requirement
-Limited number of offers
2. Digisavings account: Like a regular bank account, but paperless. Physical debit card provided.
-Register for e-wallet and complete biometric verification by visiting DBS branch, designated CCD outlets or by booking an appointment with DBS executive. https://www.dbs.com/digibank/in/cities-webvie...ml
-No forms or signature required
-Takes around 24 hours for further checks and afterwards you can order physical debit card which would reach you in around 48-72 hours. PIN for the same can be generated from the app itself.
-Debit card daily shopping limit is Rs. 1,00,000 and for ATM withdrawals it is Rs. 25,000 per day. Unlimited free withdrawals at any VISA ATM in India.
-International use available for debit card but disabled by default. Can be enabled from app itself.
-Daily transaction limit Rs. 5Lakh, Monthly Rs. 50 Lakh
-You can temporarily block the debit card for up to 60 days.
Help?
-In app automated support available, type Live Agent to chat with a real person
-Facebook page: https://www.facebook.com/dbsdig...k/
-1800-210-3456 or 1800-103-8578 toll-free within India
I am getting mails to open digisavings account where I can get 7% interest. Those who have used please share your experience.
Best bank . But no much branches in India.
@pg282000821 wrote:
Best bank . But no much branches in India.
If I can do ATM withdrawals, that’s enough for me. Is this digisavings limited to particular cities? My only worry is the 150 rupees debit card charge from 2nd year onwards
@pg282000821 wrote:
Best bank . But no much branches in India.
Branch expansion planned by DBS, but branchless banking is the main focus as it helps the bank in offering services at lesser cost to customer and that’s how it ia offering 7%pa interest currently.
@Rock Chap wrote:
@pg282000821 wrote:
Best bank . But no much branches in India.
If I can do ATM withdrawals, that’s enough for me. Is this digisavings limited to particular cities? My only worry is the 150 rupees debit card charge from 2nd year onwards
Verification limited to select cities, but as reported you can get biometric verification completed from other city if you happen to visit that if service currently not available in your city.
@disclaimer wrote:
@Rock Chap wrote:
@pg282000821 wrote:
Best bank . But no much branches in India.
If I can do ATM withdrawals, that’s enough for me. Is this digisavings limited to particular cities? My only worry is the 150 rupees debit card charge from 2nd year onwards
Verification limited to select cities, but as reported you can get biometric verification completed from other city if you happen to visit that if service currently not available in your city.
My city is not showing in the list of cities. However there is CCD in my area. But don’t think verification can be done from there
@Rock Chap wrote:
My city is not showing in the list of cities. However there is CCD in my area. But don’t think verification can be done from there
Option to fix appointment with bank representative also not available? Only designated CCD outlets can perform this verification.
Nothing beats lazing around in bed with your favourite book to read on a rainy weekend. Download digibank, go.dbs.com/digibank, convert to digiSavings, and redeem Crossword vouchers worth Rs. 250!
Dbs discontinuing normal savings accounts. Offer for conversion to digibank.
--
Terms & Conditions of the Cashback offer:-
Offer: digibank debit cardholders holding physical debit cards starting with the number 463237 (“Customers”) who have opened
digiSavings account after 12th August 2016 and who have been sent an email invitation will get 25% cashback, upto a maximum
of INR 2000, on their first debit card transaction done on or before 31st August 2016.
Offer Period: 12th August to 12:00 AM of 31 August 2016.
Eligibility:
- You have opened digiSavings account during the Offer Period.
- Your physical debit card number issued by DBS starts with 463237
- Your 1st debit card transaction is executed during the Offer Period.
- You must have received email invitation for this Offer from DBS.
1. This Offer is brought to you by DBS Bank Ltd (“DBS”) and is applicable to only valid DBS Digibank Debit Card holders. This
Offer is referred to as the best cash back offer of DBS in this festive season and does not have any correlation with any other
offer or cash back in the market.
2. The Offer is on invitation basis only. It shall only apply to the recipients of the email invitation sent by DBS.
3. The Offer is valid on Customer’s 1st debit card transaction executed during the Offer Period.
4. The cash back will be credited in Customer’s digiSavings account within 60 days of expiry of the Offer Period.
5. This Offer is valid only on Digibank physical Debit cards starting with 463237 issued in India.
6. The Offer is subject to force majeure events.
7. The Bank reserves the absolute right to suspend/withdraw the Offer or amend these terms and conditions at any time without prior notice to the Customer.
8. Customers shall not be entitled to compensation/ benefits in any form whatsoever in lieu of the Offer being availed.
9. The tax liability, duties, levies by whatever name called in connection with the Offer shall be borne by the Customer.
10. DBS will use best efforts to ensure that the Offer is provided as described, but the Customer shall not make any claim or seek
compensation against DBS, even in the event that the Offer is not provided or provided as described (whether or not such non
provision is due to fault, negligence on the part of DBS).
11. In case of any disputes, the Customer has to present the relevant payment receipts and debit card sale slips for further
investigation by the DBS. In all such cases, the decision of DBS shall be final.
12. Any dispute relating to the Offer or the terms and conditions shall be subject to Indian laws and the courts in Mumbai, India.
13. These terms and conditions are in addition to the general terms and conditions applicable to the Digibank Debit Card. By
availing this Offer you are deemed to have read and accepted these Terms and Conditions.
AUG 2016
Seems DBS has rebranded its e-wallet as RuPiZo: a separate app but having same interface as existing digibank application.
@disclaimer wrote:
Seems DBS has rebranded its e-wallet as RuPiZo: a separate app but having same interface as existing digibank application.
RupiZo is lite version of Digi wallet….
@abhijitja wrote:
unable to use e-wallet on rooted mob. tried hide my root but failed. any other way?? plz help if knows anyone
You can try using magisk
@karan.shh1988 wrote:You can try using magisk
@sanjeev07 wrote:
@disclaimer wrote:
Seems DBS has rebranded its e-wallet as RuPiZo: a separate app but having same interface as existing digibank application.RupiZo is lite version of Digi wallet….
Can I install rupizo on same no. which has digibank? Is 10k limit shared with digibank?
@bargainhunter wrote:
@sanjeev07 wrote:
@disclaimer wrote:
Seems DBS has rebranded its e-wallet as RuPiZo: a separate app but having same interface as existing digibank application.RupiZo is lite version of Digi wallet….
Can I install rupizo on same no. which has digibank? Is 10k limit shared with digibank?
Due to.recent bad experience, I have stopped using digibank. Havent tried the new app.
@karan.shh1988 wrote:
@abhijitja wrote:
unable to use e-wallet on rooted mob. tried hide my root but failed. any other way?? plz help if knows anyoneYou can try using magisk
can u enlighten more.. read on reddit about magisk but unable to properly understand.
Can some one tell me when interest will be credited, Quarterly?
@narayanvyas wrote:
LIC Premiums can also be paid via app. Free IMPS (Rs 500 limit per day)
Didn’t get u.. why 500 imps free per day .. i think imps is free
@TEMPER wrote:
@disclaimer wrote:
Serious marketing starts, huge billboards and front page newspaper ads and maybe that coming at the cost of monthly interest payout being changed to quarterly.
suddenly they changed to quarterly without any update.. yesterday when i spoke to cc they told
They changed before many days without notice
@bargainhunter wrote:
@sanjeev07 wrote:
@disclaimer wrote:
Seems DBS has rebranded its e-wallet as RuPiZo: a separate app but having same interface as existing digibank application.RupiZo is lite version of Digi wallet….
Can I install rupizo on same no. which has digibank? Is 10k limit shared with digibank?
Anyone?
Changes made in DBS normal accounts wef Nov 15, 2016
Max withdrawal/spend per day using debit card restricted to Rs.25000 from 1 lakh
Free atm transactions at other bank ATMs restricted to 3 per month in metros and 5 otherwise.
Charges for using ATM outside India Rs.125.
Foreign currency markup raised from 1.75% to 3.5%
Fuel surcharge introduced at 2.5℅
Same charges will soon be there for digibank as well.
@disclaimer wrote:
…Same charges will soon be there for digibank as well.
Then my question would be: Is there any penalty for closing the Digibank account?
If these branch-less banking guys will start charging like the expense-heavy brick-and-mortar banks then why would anyone go for them?!
@disclaimer wrote:
Changes made in DBS normal accounts wef Nov 15, 2016
Max withdrawal/spend per day using debit card restricted to Rs.25000 from 1 lakh
Free atm transactions at other bank ATMs restricted to 3 per month in metros and 5 otherwise.
Charges for using ATM outside India Rs.125.
Foreign currency markup raised from 1.75% to 3.5%
Fuel surcharge introduced at 2.5℅Same charges will soon be there for digibank as well.
Have they achieved customer threshold?
Still not many know digibank. So I feel there is still time for all these business calls.
They would not want to break recently built base.
@DealSeeker wrote:
@disclaimer wrote:
…Same charges will soon be there for digibank as well.
Then my question would be: Is there any penalty for closing the Digibank account?If these branch-less banking guys will start charging like the expense-heavy brick-and-mortar banks then why would anyone go for them?!
Dont know about present scenario, but earlier it mentioned charge of Rs. 500 if digisavings account is closed within six months.
These are charges for normal accounts. They might take some more time to introduce the same for digibank, but it wont take long.
@A2Zdeals wrote:
@disclaimer wrote:
Changes made in DBS normal accounts wef Nov 15, 2016
Max withdrawal/spend per day using debit card restricted to Rs.25000 from 1 lakh
Free atm transactions at other bank ATMs restricted to 3 per month in metros and 5 otherwise.
Charges for using ATM outside India Rs.125.
Foreign currency markup raised from 1.75% to 3.5%
Fuel surcharge introduced at 2.5℅Same charges will soon be there for digibank as well.
Have they achieved customer threshold?
Still not many know digibank. So I feel there is still time for all these business calls.
They would not want to break recently built base.
Before introduction of digibank, DBS had around 20000 accounts. Now it has 157000+. So progress is decent.
@disclaimer @DealSeeker (or) anyone I recently got activated Digisavings account (directly without any e-wallet) and last week got debit card too. But, my concern here is I’m unable to load the fund using my Debit Card. It’s showing card validity date as not-editable and ‘NEXT’ option not enabling to proceed further. Please help how to load fund using my Debit card ? I tried and searched many ways (through VAgent) but in vain. However, I’m able to load fund using net banking. But my worry is why can’t I use my DEBIT CARD to load fund.
@srigem81 wrote:
@disclaimer @DealSeeker (or) anyone I recently got activated Digisavings account (directly without any e-wallet) and last week got debit card too. But, my concern here is I’m unable to load the fund using my Debit Card. It’s showing card validity date as not-editable and ‘NEXT’ option not enabling to proceed further. Please help how to load fund using my Debit card ? I tried and searched many ways (through VAgent) but in vain. However, I’m able to load fund using net banking. But my worry is why can’t I use my DEBIT CARD to load fund.
After entering CVV, press go or enter ( bottom right key in keyboard) and after that next option will be enabled.
Yes, tried same many times (after entering CVV – bottom rightmost key Go/Enter/Done) and still ‘Valid Till’ and ‘Next’ options are not enabling 
Thanks for the reply.
Is there any e-mail id/phone number to contact them ?
@srigem81 wrote:
Yes, tried same many times (after entering CVV – bottom rightmost key Go/Enter/Done) and still ‘Valid Till’ and ‘Next’ options are not enabling
Thanks for the reply.
Is there any e-mail id/phone number to contact them ?
Which bank debit card you are trying?
Rs. 106