Best DBS/POSB Credit Cards in Singapore (2024)

SingSaver team

SingSaver team

Last updated 02 April, 2024

Every spending situation is unique. SingSaver assembles the 'Best For' list, so you can decide what’s best for you.


Regardless of whether you want to earn cashback, miles or rewards points in general, the largest local bank in Singapore has you covered. Here are the DBS/POSB credit cards worth your consideration.

Up to 6% cashback on select spend, plus 0.3% unlimited base cashback: DBS Live Fresh
Best cashback on dining, groceries, shopping, etc.: POSB Everyday Card
1.3 mpd on local spend and 2.2 mpd on foreign spend: DBS Altitude Visa | DBS Altitude AMEX
Up to 5X or 10X DBS Points: DBS Woman's Card | DBS Woman's World Card

Did you know that no matter which DBS/POSB credit card you end up going for, there are plenty of nice perks you can enjoy as a DBS/POSB credit card member? From deals and promotions to earning tangible rewards, the sky’s the limit. 

Not to forget, you can also earn higher interest rates of up to 4.10% p.a. with the DBS Multiplier Account as you credit your income/ dividends, spend on your DBS/POSB credit card, finance your DBS home loan, purchase insurance policies and invest. 

Interested in getting a DBS/POSB credit card but aren’t sure which one is right for you? Read on and click ahead — we’ve rounded up the best DBS/POSB credit cards for your easy reference.

Table of contents


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Looking for the best credit cards to complement your spending patterns and expenditure in 2024? Check out our Ultimate Credit Card Guide that covers all things credit cards in Singapore – from choosing between a cashback, miles, or rewards credit card to planning your credit card strategy.


Overview: Best DBS/POSB credit cards

Best for 
Credit card 
Key benefits
Cashback
DBS Live Fresh Card
DBS-Live-Fresh-Student-Card-1
Up to 6% cashback on Shopping & Transport Spend
 
0.3% unlimited cashback on all other spend

Shopping and transport cashback capped at S$70 per month
 
No cashback cap for all eligible spend
DBS yuu Card
DBSYuu_Visa-2
36 yuu points (18% cashback) at participating merchants with S$600 minimum spend

10 yuu points (5% base cashback) at participating merchants with no minimum spend
Miles
DBS Altitude Visa Card
2X complimentary airport lounge passes per year
 
1.3 mpd local spend
 
2.2 mpd foreign currency spend
  
Up to 3 mpd on Agoda bookings via DBS TMP

DBS Points never expire
 
Membership renewal bonus of 10,000 miles
DBS Altitude AMEX Card
DBS-Altitude-Amex-_may-15-e1548404287739
DBS Woman’s Card
5X DBS Points per S$1 spend on online purchases (2 mpd)

1X DBS Points per S$1 spend on all other purchases (0.4 mpd)
DBS Woman’s World Card
10X DBS Points per S$1 spend on online purchases (4 mpd)

3X DBS Points per S$1 spend on overseas purchases (1.2 mpd)

1X DBS Point per S$1 spend on all other spend (0.4 mpd)
Gen-Zs and millennials
DBS Live Fresh Card
Up to 6% cashback on Shopping & Transport Spend
 
0.3% unlimited cashback on all other spend

Shopping and transport cashback capped at S$70 per month
 
No cashback cap for all eligible spend
DBS Woman’s Card
5X DBS Points per S$1 spend on online purchases (2 mpd)

1X DBS Points per S$1 spend on all other purchases (0.4 mpd)
Online shopping
DBS Live Fresh Card
Up to 6% cashback on Shopping & Transport Spend
 
0.3% unlimited cashback on all other spend

Shopping and transport cashback capped at S$70 per month
 
No cashback cap for all eligible spend
DBS Woman’s Card
5X DBS Points per S$1 spend on online purchases (2 mpd)
 
1X DBS Points per S$1 spend on all other purchases (0.4 mpd)
DBS Woman’s World Card
10X DBS Points per S$1 spend on online purchases (4 mpd)

3X DBS Points per S$1 spend on overseas purchases (1.2 mpd)

1X DBS Point per S$1 spend on all other spend (0.4 mpd)
All-round credit card
POSB Everyday Card

 

 

Up to 10% cash rebate on dining (capped at Daily$15 per month)
 
5% cashback on Amazon.sg, Lazada, Qoo10, Shopee, RedMart, iHerb, Taobao and Popular Online Store (capped at Daily$15 per month)
 
5% cash rebate at Sheng Siong (capped at Daily$50 per month)
 
Up to 3% cash rebate on recurring electricity bills (capped at Daily$3 per month)
 
3% cash rebate on recurring telco bills (capped at Daily$3 per month)
 
Up to 20.1% fuel savings + 2% additional cash rebates at SPC
 

DBS/POSB Credit Card Welcome Gift: Receive up to S$388 cashback or 85,000 miles when you apply for select DBS credit cards and fulfil the relevant promotion criteria. T&Cs apply.


Best for cashback: DBS Live Fresh, DBS yuu & POSB Everyday

Cashback credit cards are some of the most straightforward types of rewards credit cards out there.

DBS Live Fresh Card could be your daily expenditure card since it offers up to 6% cashback for shopping and transport, plus 0.3% unlimited cashback for all eligible spend.

DBS yuu Card offers a base cash rebate of 5% (10 yuu points) at participating merchants with no minimum spend required.

You'll earn an additional 13% cash rebate (26 yuu points) when you spend a minimum of S$600 per month, or up to 18% cashback in total (36 yuu points).

However, note that you'll need to link your DBS yuu card to the yuu mobile app and pay by scanning your yuu ID to enjoy the maximum cash rebate. That's because the yuu app offers 0.5% cash rebate (1 yuu point), whereas the card earns you a 4.5% cash rebate (9 yuu point). 

On the other hand, the POSB Everyday Card is a great option if you have a family to support since it rewards you on various expenses from dining, online shopping and personal care to groceries, petrol, utilities, and telco bills.

POSB Everyday Card
DBS yuu AMEX Card
 
DBS Live Fresh Card
DBS yuu Card
POSB Everyday Card
Key Benefits
Up to 6% cashback for shopping (both local and overseas) spend and transport spend, including SimplyGo rides
 
0.3% unlimited cashback for all other spend

S$70 cashback cap per calendar month:
- S$50 on shopping spend (locally and overseas) spend
- S$20 transport spend

No cap on all other spend
5% base cashback at participating yuu merchants, no minimum spend

18% cashback at participating yuu (S$600 monthly minimum spend)
Up to 10% cash rebate on dining (capped at Daily$15 per month)
 
5% cashback on Amazon.sg, Lazada, Qoo10, Shopee, RedMart, iHerb, Taobao and Popular Online Store (capped at Daily$15 per month)
 
5% cash rebate at Sheng Siong (capped at Daily$50 per month)
 
Up to 3% cash rebate on recurring electricity bills (capped at Daily$3 per month)
 
3% cash rebate on recurring telco bills (capped at Daily$3 per month)
 
Up to 20.1% fuel savings + 2% additional cash rebates at SPC
Cons 
Min. spend S$800 monthly required to earn 6% cashback, otherwise you’ll earn 0.3% 

Cash rebates only available at participating merchants, including Cold Storage, 7-Eleven, Guardian, Giant, BreadTalk, Toast Box, Food Junction, Gojek, foodpanda, and more Min. spend S$800 required to earn up to 10% on dining. 

Min. spend S$800 required to earn 5% cashback on online shopping on RedMart, iHerb, Lazada, Qoo10, Shopee and Amazon.sg, Taobao and Popular Online Store.

Min. spend S$800 required to earn 3% cash rebates for telco spend


Sheng Siong cashback capped at S$30 per calendar month 

Cashback on recurring electricity bills capped at S$5 per calendar month

Cashback on recurring telco bills capped at S$3 per calendar month 
Annual fee
S$196.20 (first year waived) S$196.20 (first year waived) S$196.20 (first year waived)
Minimum annual income
S$30,000 (Singaporeans and Singapore PRs)

S$45,000 (foreigners)
S$30,000 (Singaporeans and Singapore PRs)

S$45,000 (foreigners)
S$30,000 (Singaporeans and Singapore PRs)

S$45,000 (foreigners)

Best for miles: DBS Woman's Card, DBS Woman's World Card & DBS Altitude Visa / AMEX

The best DBS miles card is the DBS Woman's World Card.  

As unintuitive as it may be, both men and women are allowed to sign up for DBS Woman’s World Card (and DBS Woman’s Card) if they so wish. These two rewards credit cards from DBS dole out generous rewards points on online purchases. The best part? No minimum spend!  

DBSWomansMasterCard-300x190

DBS Woman's Card

DBSWomansWorldMasterCard

DBS Woman's World Card

 
DBS Woman’s Card
DBS Woman’s World Card 
Key Benefits
5X DBS Points per S$1 spend on online purchases (2 mpd)
 
1X DBS Points per S$1 spend on all other purchases (0.4 mpd)
10X DBS Points per S$1 spend on online purchases (4 mpd)

3X DBS Points per S$1 spend on overseas purchases (1.2 mpd)

1X DBS Point per S$1 spend on all other spend (0.4 mpd)

[Update!] Bonus points capped at S$1,500 online spend per calendar month
Cons
Bonus points capped at S$1,000 online spend per calendar month
 
DBS points are only awarded for every S$5 spent, rounded down to the nearest whole number

DBS points expire in a year
High annual income requirement of S$80,000
 
DBS points are only awarded for every S$5 spent, rounded down to the nearest whole number

DBS points expire in a year
Annual fee
S$163.50 (first year waived)
S$196.20 (first year waived)
Minimum annual income
S$30,000 (Singaporeans and Singapore PRs)

S$45,000 (foreigners)
S$80,000 (Singaporeans, Singapore PRs, or foreigners)

Aside from that, there's also the DBS Altitude Card.  There are two variants to choose from — Visa or American Express — depending on your preference and the extra perks that come with each credit card.

DBS Altitude Visa Card
DBSAltitudeVisaSignatureCard-e1568109609752
DBS Altitude AMEX Card
dbs-altitude-v1-300x189
 
DBS Altitude Visa
DBS Altitude American Express
Key Benefits
1.3 mpd local spend

2.2 mpd foreign currency spend

Up to 3 mpd on Agoda
 
Annual card renewal 10,000-mile bonus when you pay the annual fee 
 
Get up to S$200,000 complimentary travel accident insurance coverage when you charge your full travel fare to this card

DBS Points never expire 
1.3 mpd local spend

2.2 mpd foreign currency spend
 
Up to 3 mpd on Agoda
 
Annual card renewal 10,000-mile bonus when you pay the annual fee 
 
Get up to S$200,000 complimentary travel accident insurance coverage when you charge your full travel fare to this card

DBS Points never expire 
Extra perks
Two free Priority Pass lounge visits within each 12-month period of your membership
 
1.3 mpd on your bus/MRT rides. Min. spend of S$1.67 on bus/train rides is required to qualify for 1 DBS Point
 
Visa Digital Concierge
 
Golf Club Privileges
 
Visa Airport Transfer Service discount
Up to 50% savings on dining, shopping, accommodation and more with Live The World 
 
10% savings on outlet price and services at The Bicester Village Shopping Collection in Europe 
 
Complimentary Mr and Mrs Smith SilverSmith membership
Cons 
DBS points are only awarded for every S$5 spent, rounded down to the nearest whole number
 
Each conversion of DBS points to miles will be subjected to an administrative fee of $27 (inclusive of GST)
DBS points are only awarded for every S$5 spent, rounded down to the nearest whole number
 
Each conversion of DBS points to miles will be subjected to an administrative fee of S$27 (inclusive of GST)
 
American Express is less widely accepted compared to Visa 
Annual fee
S$196.20 (first year waived)
S$196.20 (first year waived)
Minimum annual income
S$30,000 (Singaporeans and Singapore PRs)

S$45,000 (foreigners)
S$30,000 (Singaporeans and Singapore PRs)

S$45,000 (foreigners)


Best for Gen-Zs and millennials: DBS Live Fresh & DBS Woman's World Card

It isn’t far-fetched to say that Gen-Zs and millennials are adept at all things online, including buying anything and everything off the internet effortlessly. DBS Live Fresh Card and DBS Woman’s Card are particularly great for those who have a penchant for doing their shopping online. 

These two cards have a minimum annual income requirement of just S$30,000 — great even if you are a freshly-minted entrant to the workforce.

 
DBS Live Fresh
DBS Woman’s Card
Key Benefits
Up to 6% cashback for local and overseas shopping spend and transport, including SimplyGo rides
 
0.3% unlimited cashback for all other spend

S$70 cashback cap per calendar month:
- S$50 on shopping spend
- S$20 on transport spend
 
No cashback cap for all other eligible spend
5X DBS Points per S$1 spend on online purchases (2 mpd)
 
1X DBS Points per S$1 spend on all other purchases (0.4 mpd)
 
No min. monthly spend required
Cons 
Min. monthly spending of S$800 required to earn 6% cashback, otherwise, 0.3% cashback
Bonus points capped at S$1,000 online spend per calendar month
 
DBS points are only awarded for every S$5 spent, rounded down to the nearest whole number

DBS points expire in a year
Annual fee
S$196.20 (first year waived)
S$163.50 (first year waived)
Minimum annual income
S$30,000 (Singaporeans and Singapore PRs)

S$45,000 (foreigners)
S$30,000 (Singaporeans and Singapore PRs)

S$45,000 (foreigners)

Best for online shopping: DBS Woman's Card, DBS Woman's World Card, DBS Live Fresh

DBS Woman’s World Card, DBS Woman’s Card and DBS Live Fresh Card are credit cards that reward you handsomely for local online purchases. The most generous of them all — DBS Woman’s World Card — is also the hardest to attain as it has a rather high annual income requirement of S$80,000 (though, it's said that the income requirement isn't particularly strict, especially if you're an existing DBS cardholder). 

 
DBS Woman’s Card
DBS Woman’s World Card
DBS Live Fresh
Key Benefits
5X DBS Points per S$1 spend on online purchases (2 mpd)
 
1X DBS Points per S$1 spend on all other purchases (0.4 mpd)
 
No min. monthly spend required
 
Complimentary e-commerce protection for online purchases
10X DBS Points per S$1 spend on online purchases (4 mpd)
 
3X DBS Points per S$1 spend on overseas purchases (1.2 mpd)
 
1X DBS Point per S$1 on all other spend (0.4 mpd)
 
No min. monthly spend required
 
Complimentary e-commerce protection for online purchases

[Update!] Bonus points capped at S$1,500 online spend per calendar month
Up to 6% cashback for local and overseas shopping spend and transport, including SimplyGo rides
 
0.3% unlimited cashback for all other spend


S$70 cashback cap per calendar month:
- S$50 on shopping spend
- S$20 on transport spend


No cashback cap for all other eligible spend
Cons
Bonus points capped at S$1,000 online spend per calendar month
 
DBS points are only awarded for every S$5 spent, rounded down to the nearest whole number
High annual income requirement of S$80,000 
 
DBS points are only awarded for every S$5 spent, rounded down to the nearest whole number

DBS points expire in a year
Min. spend S$800 monthly required to earn 6% cashback, otherwise you’ll earn 0.3%

Best all-round credit card: POSB Everyday

An individual who has his or her own family to support may find their ideal all-in-one credit card in the form of POSB Everyday Card.

This cashback credit card offers cash rebates on dining, online shopping, Watsons purchases, grocery shopping at Sheng Siong, recurring electricity and StarHub bills and SPC petrol purchases. Most grounds are covered.

You can even pair this card with the DBS Multiplier Account to earn 4.10% p.a. or more on your hard-earned savings.

Key benefits
Pros
Cons
Up to 10% cash rebate on dining
10% cashback on online food delivery transactions on foodpanda, Deliveroo and WhyQ only
 
3% cashback on all other dining spend (online and offline) under MCC 5811, 5812 and 5813 only 
Min. S$800 monthly spend required 
 
Dining rebate cap - S$15 per calendar month
5% cash rebate on online shopping
Only available for online shopping on RedMart, iHerb, Lazada, Qoo10, Shopee, Amazon.sg, Taobao and Popular Online Store
Min. S$800 monthly spend required 
 
Rebate cap - S$15 per calendar month
5% cash rebate at Sheng Siong
No min. spend required
Rebate cap - S$30 per calendar month 
3% cash rebate on recurring electricity bills
Includes SP Group, Geneco, Sembcorp Power+, Union Power, Keppel Electric, Senoko Energy, Tuas Power
 
No min. spend required
Cash rebate on recurring electricity bills is capped at S$5 per calendar month 
3% cash rebate on recurring telco bills 
Includes StarHub, Singtel, Singtel GOMO, StarHub giga, M1, MyRepublic, and Circles.Life
S$800 min. spend required

Cash rebate is capped at S$3 per calendar month 
Up to 20.1% fuel savings at SPC
No min. spend required
20.1% savings stem from discounts from SPC&U Card and DBS/POSB Card, as well as cash rebates from POSB Everyday Card 

Conclusion

Like most banks, DBS credit cards can be segregated into cashback or miles.

The best DBS cashback card for daily expenditure is the DBS Live Fresh Card, which rewards you with up to 6% cashback with a minimum spend of S$800, plus a 0.3% unlimited base cashback rate. You can use it for everyday spending such as shopping, dining, groceries, ride-hailing services, and public transport rides
 
However, the DBS yuu Card is also an excellent cashback card, offering up to 18% cash rebate with a monthly minimum spend of S$600. Even if you don't hit the S$600 minimum spending requirement, you'll still get 5% cashback at Guardian, Gold Storage, Giant, 7-Eleven, BreadTalk, Toast Box, foodpanda, Singtel retailers, and more. 

If you're into miles, the DBS Woman's World Mastercard is one of the best miles cards, offering 4 mpd on the first S$1,500 of your online spend. While it has a high minimum annual income of S$80,000, it's not uncommon for those earning below that threshold to get approval, especially if you're an existing DBS cardholder.
 
Aside from that, the DBS Altitude Card is also a solid alternative; it offers 1.3 mpd on local spend and 2.2 mpd for foreign currency spend.
 
Additionally, you'll also get two free lounge passes a year (Visa version only) and your DBS Points never expire. If you own the DBS Woman's World Card or DBS Woman's Card, your DBS Points also pool together, so you can minimise orphan miles and paying conversion fees.
 

DBS/POSB Credit Card Welcome Gift: Receive up to S$388 cashback or 85,000 miles when you apply for select DBS credit cards and fulfil the relevant promotion criteria. T&Cs apply.

 

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