FSM Global (FSMOne) Code P0306248: Cheapest Route to S$38 Cash

You don't need much to get the FSM Global welcome rewards: S$1,000 and one small monthly plan. Opening the account on its own earns nothing, though, so here's the minimum that actually pays.

FSM Global referral code: P0306248 (it's an FSM account number, goes in the Referral field)
Sign-up link with it attached: https://fsm.global/sg/signup/personal/P0306248

The cheap path to S$38, all within 40 days of opening

1. Open the account via the link (Singpass MyInfo approves instantly for citizens and PRs; manual sign-up takes 1–2 business days)
2. Net deposit S$1,000. Instalments are fine, and you can invest it as you go.
3. Set up one Regular Savings Plan. An ETF RSP starts from S$50 a month with 0% processing fees.
4. Make sure that RSP actually gets deducted inside the 40 days
5. Still have at least S$1,000 across cash and investments on day 40

That's S$18 (account) + S$10 (deposit) + S$10 (first RSP) = S$38, credited to your FSM Cash Account within 4 weeks after day 40.

Want the full S$58?
Add RSPs in the other two product types too. Unit Trusts, ETFs and MAPS each add S$10. Two RSPs in the same type only count once.

Watch out for

• SRS, CPFIS-OA and CPFIS-SA money doesn't count towards the S$1,000
• No successful RSP inside 40 days = the S$18 and S$10 aren't paid either
• You can pause or stop an RSP any time at no cost, but only after it's done its job

There's no referee-only extra beyond these Welcome Rewards; the code just ties your sign-up to the referral. I went through the totals on DLCuration's FSM Global page: https://dlcuration.com/fsm-one-global-referral-...

iFAST holds MAS licences, but investments aren't deposits and can lose value. Not advice.