Shopee Singapore and DBS/POSB today announced the launch of Points to Coins, a joint rewards integration programme designed to offer a more rewarding shopping experience for Singapore shoppers who are DBS/POSB cardholders. A first for Shopee Singapore, this programme promises to deliver added value to customers across Singapore by enabling conversions of DBS Points or POSB Daily$[1] to Shopee Coins[2]. Starting 1 October, users can instantly convert their DBS Points or POSB Daily$ to Shopee Coins.
To convert DBS Points or POSB Daily$ to Shopee Coins, users can access the Shopee Coins icon on the Shopee app homepage, tap the Points to Coins banner and select DBS Points or POSB Daily$ to log in to their bank account. They can then choose the number of points they wish to redeem. Users can convert 1 DBS Point to 1 Shopee Coin or 1 POSB Daily$ to 100 Shopee Coins. 100 Shopee coins are equivalent to S$1.
Winston Goh, Head of Marketing, Shopee Singapore, said, “We are thrilled to partner with DBS in this new initiative that allows Shopee users to stretch their dollar easily and seamlessly across platforms they trust and love. We are constantly seeking new ways to enhance the Shopee experience. Thus, be it indulging in retail therapy or stocking up on essentials, we look forward to more partnerships in the future to bring Shopee users more savings, rewards, and convenience.”
Tri Arini Melati, Executive Director, DBS Bank Consumer Banking Group, said: “We are happy to partner with Shopee to help our cardholders save more on their everyday spending. With the new Points to Coins feature, DBS/POSB cardholders can conveniently convert their card points to offset their purchases on Shopee, many of whom frequently shop on the platform. This partnership expands our suite of over 50 reward partners spanning dining, groceries, shopping, travel, and more; as we continue to explore additional avenues to provide our cardholders with more rewards and privileges.”
In celebration of this launch, Shopee and DBS will offer users upsized bonus rewards throughout October. Between 1 and 31 October 2023, users can redeem their DBS Points to get 1.5x Shopee Coins, capped at 1,000 bonus Shopee coins per user, on a first come, first served basis.
For additional information on Points to Coins, please visit https://shopee.sg/m/PointsToCoins.
How To Convert DBS Points / POSB Daily$ to Shopee Coins
- DBS Points and POSB Daily$ are awarded to DBS customers for their card purchases. ↑
- Shopee Coins, which is Shopee’s official reward points system, can be used to offset the cost of purchases on Shopee. Users can earn Shopee Coins by making purchases, participating in games and activities, and completing tasks in the Shopee app. ↑