DBS Bank is set to roll out a significant cashback initiative, offering a total of S$10 million to consumers in Singapore. This program aims to alleviate financial pressures on shoppers by providing cashback redemptions at supermarkets and hawker centres.
The move comes as many residents face increasing cost pressures, making the cashback offer a timely support for everyday expenses. DBS's initiative is expected to boost consumer spending and provide relief in the current economic climate.