Use your POEMS Reward Points to donate for a better cause with Community Chest 

What is a Community Chest Donation Voucher?

The Change for Charity initiative by Community Chest, the fundraising and engagement arm of the National Council of Social Service, encourages individuals to give as part of their daily lives. Through this initiative, Community Chest partners businesses to provide opportunities for consumption-based giving at various touchpoints. 100% of funds received by Community Chest through Change for Charity will go towards supporting over 100 social service agencies and 200 critical programmes across five causes:

For more information about Change for Charity, visit www.comchest.gov.sg/changeforcharity.

 

Where appropriate, Community Chest may share necessary data with other Government agencies, so as to improve the discharge of public functions, and to serve you in the most efficient and effective way unless such sharing is prohibited by law. Please write to ncss_comchest@ncss.gov.sg for any queries.

How to Donate?


  1. Login to POEMS 2.0 Web > Head to Markets & Data Rewards tab.

  2. Navigate to the S$50 ComChest Donation Voucher under the  “Voucher” section.

  3. Tick the checkbox to redeem S$50 ComChest Donation Voucher using your 2,500 POEMS Reward Points respectively, and click the “Submit” button.


S$50 ComChest Donation Voucher can be redeemed with 2,500 POEMS Reward Points

Redeem Now

Frequently Asked Questions

This can happen for one of two reasons:

    • Each Customer may only redeem 1 x S$50 Community Chest Donation per month. You may have hit the maximum redemption value for the month.
    • You have insufficient POEMS Reward Points for redemption.

The confirmation email will be sent to the email address registered to your POEMS Account within 5 working days from the date of redemption. If you have yet to receive the voucher after 5 working days, kindly check your junk or spam folder.

IMPORTANT: Please ensure that the email address registered to your POEMS Account is accurate.

Yes, the donation voucher is tax deductible. Please note that you can enjoy a tax deduction on the total amount you have redeemed for donation, not the matching amount by the government or PSPL. 

No action is required. NCSS will submit your personal information and donation amount to IRAS at the following tax assessment year on your behalf.

Your donation amount will be reflected in your following years’ tax statement. Should there be any dispute about the donation amount, please contact NCSS at ncss_comchest@ncss.gov.sg for clarification. Please keep the donation voucher redemption email confirmation for record purpose.

Terms and Conditions

  1. This donation campaign is valid from 1 May 2023 to 31 March 2025.
  2. Each Customer holding a Cash Plus, Cash Management, Cash Trading, Margin, Prepaid, Custodian or Share Financing Account may redeem S$50 worth of Community Chest Donation voucher per month.
  3. The voucher, once redeemed, will be donated to the Community Chest Fund new initiative – Change for Charity Fund.
  4. The voucher is not refundable or exchangeable for cash.
  5. The voucher redemption confirmation will be sent to the Customer’s registered email address (registered to the Customer’s POEMS Account) within 5 working days from the date of redemption.
  6. Phillip Securities Pte Ltd (PSPL) reserves the right to change the terms and conditions at any point of time.
  7. In case of dispute, the decision of PSPL shall be final.
  8. PSPL, its affiliates and their respective employees and agents shall not be liable to any person for any loss, damage, injury, costs or expenses incurred, suffered, borne or arising from this promotion.
  9. By redeeming this item, you agree to share your personal information (Name, ID, email address) with our third-party community service provider, National Council of Social Service, for the purpose of submitting your donation for tax deduction and conducting surveys or promoting initiatives to you.
  10. Where appropriate, Community Chest may share necessary data with other Government agencies, so as to improve the discharge of public functions, and to serve you in the most efficient and effective way unless such sharing is prohibited by law. Please refer to www.comchest.gov.sg/privacy for further details and write to ncss_comchest@ncss.gov.sg for any queries.
  11. By redeeming this item, you acknowledge that you have read and consented to these Terms and Conditions.

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IMPORTANT INFORMATION

This material is provided by Phillip Capital Management (S) Ltd (“PCM”) for general information only and does not constitute a recommendation, an offer to sell, or a solicitation of any offer to invest in any of the exchange-traded fund (“ETF”) or the unit trust (“Products”) mentioned herein. It does not have any regard to your specific investment objectives, financial situation and any of your particular needs. You should read the Prospectus and the accompanying Product Highlights Sheet (“PHS”) for key features, key risks and other important information of the Products and obtain advice from a financial adviser (“FA“) pursuant to a separate engagement before making a commitment to invest in the Products. In the event that you choose not to obtain advice from a FA, you should assess whether the Products are suitable for you before proceeding to invest. A copy of the Prospectus and PHS are available from PCM, any of its Participating Dealers (“PDs“) for the ETF, or any of its authorised distributors for the unit trust managed by PCM.  

An ETF is not like a typical unit trust as the units of the ETF (the “Units“) are to be listed and traded like any share on the Singapore Exchange Securities Trading Limited (“SGX-ST”). Listing on the SGX-ST does not guarantee a liquid market for the Units which may be traded at prices above or below its NAV or may be suspended or delisted. Investors may buy or sell the Units on SGX-ST when it is listed. Investors cannot create or redeem Units directly with PCM and have no rights to request PCM to redeem or purchase their Units. Creation and redemption of Units are through PDs if investors are clients of the PDs, who have no obligation to agree to create or redeem Units on behalf of any investor and may impose terms and conditions in connection with such creation or redemption orders. Please refer to the Prospectus of the ETF for more details.  

Investments are subject to investment risks including the possible loss of the principal amount invested. The purchase of a unit in a fund is not the same as placing your money on deposit with a bank or deposit-taking company. There is no guarantee as to the amount of capital invested or return received. The value of the units and the income accruing to the units may fall or rise. Past performance is not necessarily indicative of the future or likely performance of the Products. There can be no assurance that investment objectives will be achieved.  

Where applicable, fund(s) may invest in financial derivatives and/or participate in securities lending and repurchase transactions for the purpose of hedging and/or efficient portfolio management, subject to the relevant regulatory requirements. PCM reserves the discretion to determine if currency exposure should be hedged actively, passively or not at all, in the best interest of the Products.  

The regular dividend distributions, out of either income and/or capital, are not guaranteed and subject to PCM’s discretion. Past payout yields and payments do not represent future payout yields and payments. Such dividend distributions will reduce the available capital for reinvestment and may result in an immediate decrease in the net asset value (“NAV”) of the Products. Please refer to <www.phillipfunds.com> for more information in relation to the dividend distributions.  

The information provided herein may be obtained or compiled from public and/or third party sources that PCM has no reason to believe are unreliable. Any opinion or view herein is an expression of belief of the individual author or the indicated source (as applicable) only. PCM makes no representation or warranty that such information is accurate, complete, verified or should be relied upon as such. The information does not constitute, and should not be used as a substitute for tax, legal or investment advice.  

The information herein are not for any person in any jurisdiction or country where such distribution or availability for use would contravene any applicable law or regulation or would subject PCM to any registration or licensing requirement in such jurisdiction or country. The Products is not offered to U.S. Persons. PhillipCapital Group of Companies, including PCM, their affiliates and/or their officers, directors and/or employees may own or have positions in the Products. Any member of the PhillipCapital Group of Companies may have acted upon or used the information, analyses and opinions herein before they have been published. 

This advertisement has not been reviewed by the Monetary Authority of Singapore.  

 

Phillip Capital Management (S) Ltd (Co. Reg. No. 199905233W)  
250 North Bridge Road #06-00, Raffles City Tower ,Singapore 179101 
Tel: (65) 6230 8133 Fax: (65) 65383066 www.phillipfunds.com