DBS rolls out new benefits under its Heartland Merchant Banking Package

Merchants can save up to S$1,880 through waivers and cashbacks.

DBS has rolled out a new wave of benefits for its client merchants under its enhanced Heartland Merchant Banking Package.

Merchants can get up to S$1,880 in savings through waivers and cashback benefits, including a S$60 cashback for those who maintain a minimum daily balance of S$20,000 in over three months.

DBS is also waiving account fees on the first year, with no minimum balance.

Other benefits include processing fee waivers for the first 50 GIRO and the first 50 FAST payments monthly; six months’ free NETS terminal fees worth S$300; 60% off processing fees for working capital loans; and a 6% cashback for spends on their Business Advance+ Debit Card.

Merchants who sign up for the package before 31 August 2025 also have the chance to win S$6,000.