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Best DBS/POSB Credit Cards In Singapore (2023)

SingSaver team

SingSaver team

Last updated 20 March, 2023

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 10% cashback on eco-merchants: DBS Live Fresh1
Best cashback on dining, groceries, shopping, etc.: POSB Everyday Card
Up to 1.2 mpd on local 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 3% 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.


Looking for the best credit cards to complement your spending patterns and expenditure in 2023? 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.


Best DBS/POSB Credit Cards In Singapore

Best for 
Credit card 
Key benefits
Cashback
DBS Live Fresh Card
DBS-Live-Fresh-Student-Card-1
 
5% cashback on online and Visa contactless spend
 
Extra 5% cashback on select eco spend
 
0.3% on all other spend
Miles
DBS Altitude Card
DBSAltitudeVisaSignatureCard-e1568109609752
DBS-Altitude-Amex-_may-15-e1548404287739
2X complimentary airport lounge passes
 
1.2 mpd local spend
 
2 mpd foreign currency spend
 
3 mpd online flight & hotel transactions, capped at S$5,000 per month
 
Up to 10 mpd on Agoda, Expedia and Kaligo- Membership renewal bonus of 10,000 miles
DBS Points
DBS Woman’s Card
DBS-Womans-Card_05Jan18
DBS Woman’s World Card
DBS_woman-world-ELISA-Choy-2018
DBS Woman's Card
5X DBS Points per S$1 spend on online purchases
1X DBS Points per S$1 spend on all other purchases
 
DBS Woman's World Card
10X DBS Points per S$1 spend on online purchases
3X DBS Points per S$1 spend on overseas purchases
1X DBS Point per S$1 spend on all other spend

For both cards:
Extra 5% cashback on overseas shopping and dining
 
e-Commerce protection on online purchases
Gen-Zs and millennials
DBS Live Fresh Card
DBS-Live-Fresh-Student-Card-1
DBS Woman’s Card
DBS-Womans-Card_05Jan18
 
 
5% cashback on online and Visa contactless spend
 
 
 
 
 
 
 
5X DBS Points per S$1 spend on online purchases
1X DBS Points per S$1 spend on all other purchases
 
Online shopping
DBS Live Fresh Card
DBS-Live-Fresh-Student-Card-1
DBS Woman’s Card
DBS-Womans-Card_05Jan18
DBS Woman’s World Card
DBS_woman-world-ELISA-Choy-2018
5% cashback on online and Visa contactless spend
 
 
 
 
 
 
 
 
 
 
 
5X DBS Points per S$1 spend on online purchases
1X DBS Points per S$1 spend on all other purchases
 
 
 
 
 
 
 
 
10X DBS Points per S$1 spend on online purchases
3X DBS Points per S$1 spend on overseas purchases
1X DBS Point per S$1 spend on all other spend
All-round credit card
POSB Everyday Card
POSB_everyday_card_front_RGB_1920x1080_20190723

Up to 10% cash rebate on dining
 
5% cashback on Amazon.sg, Lazada, Qoo10, Shopee, RedMart, iHerb, Taobao and Popular Online Store
 
7% cash rebate at Sheng Siong
 
3% cash rebate at Watsons
 
Up to 5% cash rebate on recurring electricity bills
 
3% cash rebate on recurring telco bills
 
Up to 20.1% fuel savings at SPC
 

Best for cashback: DBS Live Fresh & POSB Everyday

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

DBS Live Fresh could be the card for you if you primarily spend online or in-store via contactless payment, and are comfortable with spending at least S$600 a month.

On the other hand, POSB Everyday Card is a great option if you have a family to support since it rewards you on a variety of expenses from dining, online shopping and personal care to groceries, fuel, electricity and StarHub bills.

 
DBS Live Fresh Card
POSB Everyday Card
Key Benefits
5% cashback on online and Visa contactless spend, including SimplyGo rides
 
Additional 5% cashback on select eco spend
 
0.3% cashback for all other spend
Up to 10% cashback on dining
 
5% cash rebate on select online shopping platforms
 
7% cashback at Sheng Siong
 
3% cashback at Watsons
 
Up to 20.1% fuel savings at SPC with no min. spend
 
Up to 5% cashback on recurring electricity bills
 
3% cashback on recurring telco bills
 
0.3% cashback on all other transactions
Cons 
Min. spend S$600 monthly required to earn 5% cashback, otherwise you’ll earn 0.3% 

S$75 cashback cap per calendar month:
- S$20 on eligible online spend
- S$20 on eligible Visa contactless spend
- S$20 on all other spend
- S$15 on eligible eco spend
Min. spend S$800 required to earn up to 10% on dining. Cashback capped at S$15 per calendar month.

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. Cashback capped at S$15 per calendar month.

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 

Best for miles: DBS Altitude Visa/AMEX

The two air miles credit cards from DBS are fairly similar — you get to choose from the Visa or American Express variant depending on your preference and the extra perks that come with each credit card.

 
DBS Altitude Visa
DBS Altitude American Express
Key Benefits
1.2 mpd local spend
2 mpd foreign currency spend
3 mpd online flight & hotel transactions, capped at S$5,000 per month
 
Up to 10 mpd on Agoda, Expedia and Kaligo
 
Annual card renewal 10,000-mile bonus when you pay the annual fee 
 
Up to S$1 million travel accident insurance coverage when you charge your full travel fare to this card
1.2 mpd local spend
2 mpd foreign currency spend
3 mpd online flight & hotel transactions, capped at S$5,000 per month
 
Up to 10 mpd on Agoda, Expedia and Kaligo
 
Annual card renewal 10,000-mile bonus when you pay the annual fee 
 
Up to S$1 million travel accident insurance coverage when you charge your full travel fare to this card
Extra perks
2 free Priority Pass lounge visits within each 12-month period of your membership
 
1.2 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
Attractive travel offers when you visit Japan
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 Silver Membership at Shinsegae Duty-Free and Hyundai Department Store, South Korea 
Cons 
Miles are awarded in the form of DBS points which are awarded for every S$5 spent
 
Each conversion of DBS points to miles will be subjected to an administrative fee of $25 (exclusive of GST)
Miles are awarded in the form of DBS points which are awarded for every S$5 spent
 
Each conversion of DBS points to miles will be subjected to an administrative fee of S$25 (exclusive of GST)
 
American Express is less widely accepted compared to Visa 
DBS Altitude

 


Best for DBS points: DBS Woman's Card & 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!  

 
DBS Woman’s Card
DBS Woman’s World Card 
Key Benefits
5X DBS Points per S$1 spend on online purchases
 
1X DBS Points per S$1 spend on all other purchases
10X DBS Points per S$1 spend on online purchases
3X DBS Points per S$1 spend on overseas purchases
1X DBS Point per S$1 spend on all other spend
Cons
5X DBS points per S$1 on online spend only applicable to S$1,000 online spend per calendar month
 
DBS points are only awarded for every S$5 spent
10X DBS points per S$1 on online spend only applicable to S$2,000 online spend per calendar month
 
High annual income requirement of S$80,000
 
DBS points are only awarded for every S$5 spent

 


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 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
5% cashback on online and Visa contactless spend, including SimplyGo rides
 
Additional 5% cashback on select eco-friendly merchants
 
0.3% cashback for all other spend
5X DBS Points per S$1 spend on online purchases
 
1X DBS Points per S$1 spend on all other purchases
 
No min. monthly spend required
Cons 
Min. spend S$600 monthly required to earn 5% cashback, otherwise you’ll earn 0.3% 
 
S$75 cashback cap per calendar month:
- S$S20 on eligible online spend
- S$20 on eligible Visa contactless spend
- S$20 on all other spend
- S$15 on eligible eco spend
5X DBS points per S$1 on online spend only applicable for S$1,000 online spend per calendar month
 
DBS points are only awarded for every S$5 spent

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 are credit cards that reward you handsomely on your online purchases in local SGD currency. 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.

 
DBS Woman’s Card
DBS Woman’s World Card
DBS Live Fresh
Key Benefits
5X DBS Points per S$1 spend on online purchases
 
1X DBS Points per S$1 spend on all other purchases
 
No min. monthly spend required
 
Complimentary e-commerce protection for online purchases
10X DBS Points per S$1 spend on online purchases
 
3X DBS Points per S$1 spend on overseas purchases
 
1X DBS Point per S$1 on all other spend
 
No min. monthly spend required
 
Complimentary e-commerce protection for online purchases
5% cashback on online and Visa contactless spend, including SimplyGo rides
 
Additional 5% cashback on select eco spend
 
0.3% cashback for all other spend
Cons
5X DBS points per S$1 on online spend only applicable to S$1,000 online spend per calendar month
 
DBS points are only awarded for every S$5 spent
1X DBS points per dollar on online spend only applicable to S$2,000 online spend per calendar month
 
High annual income requirement of S$80,000 
 
DBS points are only awarded for every S$5 spent
Min. spend S$600 monthly required to earn 5% cashback, otherwise you’ll earn 0.3% 
 
S$75 cashback cap per calendar month:
- S$20 on eligible online spend
- S$20 on eligible Visa contactless spend
- S$20 on all other spend
- S$15 on eligible eco spend
 

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 0.40% p.a. or more on your hard-earned savings.

Key benefits of POSB Everyday Card
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
7% cash rebate at Sheng Siong
No min. spend required
Rebate cap - S$30 per calendar month 
3% cash rebate at Watsons
Available online and in-store 
No min. spend required
NIL
Up to 5% 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 
No 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 

DBS/POSB Credit Card Welcome Gift: Receive S$150 cashback when you key in the promo code 150CASH upon application and make a minimum spend of S$800 within 60 days of card approval. Valid till 30 June 2023. T&Cs apply.

If you're not a new DBS/POSB credit cardmember, consider these promotions instead.


Read these next:
Loyal DBS/POSB Customers: Which Credit Card Should You Add To Your Wallet?
Cashback vs Miles vs Rewards: Which Is The Best Type Of Credit Card For You?
Best Cashback Credit Cards In Singapore
Best Air Miles Credit Cards In Singapore
Best OCBC Credit Cards In SingaporeB

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