Why DBS Still Makes Banking Fun
DBS, Singapore’s biggest and most celebrated bank, snagged the “World’s Best Bank” title back in 2019. If you’re already rocking a DBS or POSB card and don’t plan on hopping banks, here are the credit cards that will keep your wallet smiling.
Economy’s Rough Ride, but DBS Has Your Back
With consumer spending on a scare‑movie slide, many businesses have had to call the brakes—some shut down, others trimmed staff or cut pay. If that sounds like a nightmare, think again. Even through the pandemic chaos, DBS is hiring over 2,000 new folks in Singapore this year. It’s a hopeful sign of a bustling workforce and a reminder that your job security can still stay steady.
Hot Promo: 100% Cashback on Food & Groceries
- Snag up to $268 in 100% cashback on all dining and grocery spend when you sign up for certain DBS/POSB cards.
- Just throw in the promo code FLASHCNY during your application.
- This offer ends on 9 February 2021 – so act fast!
- You must be a new cardholder and spend within 30 days of approval to qualify.
- All terms and conditions apply.
Not a New Cardholder?
No worries! If you’ve already got a DBS or POSB card, check out these other sweet deals tailored just for you. Your credit card’s still your ticket to savings, so don’t miss out!
Why use a DBS/POSB credit card?
Why Owning a DBS/POSB Credit Card Is More Than Just a Charge‑On‑Income
Picking a DBS or POSB card is like choosing a ride‑share: you get the same comfort, but each card’s features come with unique perks. Grab a coffee, read on, and discover the cool bonuses you’ll earn as soon as you swipe.
Super‑Deal Shopping on the DBS PayLah! App
- More than a digital wallet—think of it as your new “shop‑smart” sidekick.
- Tap on the app and unlock special promos and cash‐back offers you won’t find anywhere else.
- Every swipe could earn you discounts on everyday purchases, groceries, or that late‑night snack.
Higher Interest: Your DBS Multiplier AMPS Up Your Savings
- Got a Multiplier account? If not, consider opening one to snag up to 3% per annum on your balance.
- The interest rate bumps when you move through various spending categories—less friction, more interest.
- Turns out, a credit card with the right account can double as a mini‑savings bootleg.
From Movie Tickets to Cash Vouchers: DBS Points Are Your Ticket to Fun
- Earn DBS Points instead of straight cash back.
- Redemption has got a superhero vibe—swap points for freebies, from cinema passes to grocery vouchers.
- Because who doesn’t want to pay for a movie with points instead of a full‑price ticket?
Finance Tracker: The “Food, Fun, and Finer Things” Breakdown
- The DBS NAV Planner slices your monthly spend into categories:
- Dining, transportation, shopping, entertainment, and more are all on the line.
- It gives you an eye‑popping view of emergency savings, investments, and how much you’re dropping on credit each month.
All rolled together, a DBS/POSB credit card transforms from a simple expense tool into a smart, fun, and rewarding financial partner.
Miles credit cards
Choosing the Right Miles Card with DBS?
Think about how you’ll spend most of your money. Will you be buying gadgets and groceries online, or you’re already buzzing about future trips? The answer will steer you to the perfect DBS mileage card.
DBS Altitude
- Local Spend – 1.2 mpd on every local purchase (yes, even that bus ride to the mall)
- Overseas Spend – 2 mpd on foreign‑currency purchases
- Online Flights/Hotels – 3 mpd so you’ll rack up “flight‑proof” miles
- Lounge Access – 2 free visits per year – travel like a VIP
Good For
- Travelling – keep those miles going whenever you jet off
- Public Transport (SimplyGo) – feel the city’s pulse while earning
- Every other spend – the efforts pay off, no matter what you buy
Requirements
- Minimum annual income of $30,000 (or $45,000 if you’re a foreigner)
- Annual fee $192.60 – first year is completely free (so you can start earning without paying)
DBS Woman’s World Card
- Online Purchases – 4 mpd, but capped at $2,000 per statement month
- Overseas Purchases – 1.2 mpd
- Other Purchases – 0.4 mpd
- E‑commerce Protection – each click is safe and rewarded
Good For
- All online shopping – think of it as a “buy‑and‑earn” hack
Requirements
- Minimum annual income $80,000 (for any applicant, foreigners included)
- Annual fee $192.60 – first year waived
DBS Woman’s Card
- Online Purchases – 2 mpd (capped at $1,000 each statement month)
- Other Purchases – 0.4 mpd
- E‑commerce Protection – secure your spiders‑web
Good For
- All online purchases – just click, clear, and earn
Requirements
- Minimum annual income $30,000 (or $45,000 if you’re a foreigner)
- Annual fee $192.60 – first year waived
Still stuck between those cards? You can practically juggle them all – just put the Woman’s World Card for online delights and the Altitude for everything else. Or, should you not meet the high income for the Woman’s World, consider the Citi Rewards or OCBC Titanium; they also boast 4 mpd on online spend. The sky’s the limit – start packing those miles now!
Cashback credit cards
Cashback Cards That Keep Your Wallet Happy
With the world shifting to a more digital lifestyle, a good cashback card is now a must‑have in any wallet.
DBS Live Fresh – The “Easy‑Money” Card
- Up to 5 % cashback on online purchases.
- Up to 5 % cashback on Visa contactless spends, including SimplyGo rides.
- 0.3 % cashback on everything else.
- Only a $600 monthly spend minimum required.
- Works best on online shopping & public transport.
- Annual income: $30,000 (or $45,000 for foreigners).
- First‑year annual fee of $192.60 waived.
POSB Everyday – The Petrol‑Saver
- 8 % cashback exclusively on Foodpanda & Deliveroo orders.
- 3 % cashback on all other dining.
- 5 % cashback at Sheng Siong supermarkets.
- 3 % cashback on Watsons (in‑store & online).
- 1 % cashback on electricity bills.
- Up to 20.1 % savings on fuel at SPC stations.
- Best for online food delivery, groceries, petrol & utilities.
- Annual income: $30,000 (or $45,000 for foreigners).
- First‑year annual fee of $192.60 waived.
SAFRA DBS – The Club‑Owner’s Perks
- 3 % cashback on local MasterCard contactless (bus, train, etc.).
- 3 % cashback on online transactions.
- 0.3 % cashback on all other retail.
- Earn 1 SAFRAPOINT per dollar at participating SAFRA outlets – redeemable for rewards.
- Exclusive access to 6 SAFRA clubhouses across the island and benefits at 1,800+ merchant outlets.
- No annual fee if you remain a SAFRA member (but the SAFRA membership fee still applies).
- Annual income: $30,000 (or $45,000 for foreigners).
- Only a $500 monthly spend minimum needed.
- Great for online purchases, MasterCard contactless use, and public transport.
Why Grab One of These Cards?
Whether you’re a home‑office guru, a foodie, or a driver, the right cashback card turns every click and swipe into savings.
Original article published on SingSaver.com.sg.
