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Showing posts with label CPF. Show all posts
Showing posts with label CPF. Show all posts

Wednesday, 11 June 2025

Rewards Updates : DBS First to Accept CPF LIFE Payouts for Credit Card Applications

Source : 



Apple Intelligence : 


• Financial Inclusion Initiative: DBS becomes the first bank in Singapore to accept CPF LIFE payouts as income for credit card applications.


• Target Audience: The initiative aims to expand access to financial products for retirees and seniors receiving CPF LIFE payouts.


• Application Process: CPF LIFE recipients can apply for entry-level DBS and POSB credit cards using their CPF LIFE Annual Statement, with a simplified application process.


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