Best DBS/POSB Credit Cards In Singapore (2020)

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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.

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 cardmember? 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 3.80% 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.


DBS Promotion: Get $200 cashback when you apply and spend on one of these five DBS/POSB credit cards: DBS Altitude (Visa), DBS Live Fresh, DBS Woman’s World Card, DBS Woman’s Card or POSB Everyday card.

Simply enter promo code NOVFLASH in your application to qualify. Promotion is valid till 26 November 2020. You’ll have to be a new DBS/POSB credit cardholder and make 1 spend within 30 days of card approval to be eligible. Terms and conditions apply.

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


Best DBS/POSB Credit Cards In Singapore

 
Best for Credit card Key benefits
CashbackDBS Live Fresh

POSB Everyday Card
– 5% cashback on online and Visa contactless spend
– Up to 8% cashback on dining
MilesDBS Altitude– 2X complimentary airport lounge passes
– 1.2 mpd local spend
– 2 mpd foreign currency spend
– 3 mpd online flight & hotel transactions, capped at $5000 per month
– Up to 10 mpd on Agoda, Expedia and Kaligo
– Membership renewal bonus of 10,000 miles
DBS PointsDBS Woman’s World Card

DBS Woman’s Card
– 2X DBS points per dollar on local online spend

– 1X DBS Points per dollar on local online spend
Gen-Zs and millennialsDBS Live Fresh

DBS Woman’s Card
– 5% cashback on online and Visa contactless spend
– 1X DBS Points per dollar on local online spend
Online shoppingDBS Live Fresh

DBS Woman’s World Card

DBS Woman’s Card
– 5% cashback on online and Visa contactless spend
– 2X DBS points per dollar on local online spend

– 1X DBS Points per dollar on local online spend
All-round credit cardPOSB Everyday Card– Up to 8% cash rebate on dining
– 5% cash rebate at Sheng Siong
– 3% cash rebate at Watsons
– 1% cash rebate on recurring electricity bills
– 1% cash rebate on recurring StarHub bills
– Up to 20.1% fuel savings at SPC

Best for cashback

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 $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 FreshPOSB Everyday Card
Key Benefits5% cashback on online and Visa contactless spend, including SimplyGo rides

0.3% cashback for all other spend
Up to 8% cashback on dining

3% cash rebate on online shopping on Lazada, Qoo10, Shopee and Amazon.sg

5% cashback at Sheng Siong

3% cashback at Watsons

Up to 20.1% fuel savings at SPC with no min. spend

1% cashback on electricity and recurring StarHub bills

0.3% cashback on all other transactions
Cons Min. spend $600 monthly required to earn 5% cashback, otherwise you’ll earn 0.3% 

$60 cashback cap per calendar month – split into $20 on eligible online spend, $20 on eligible Visa contactless spend and $20 on all other spend
Min. spend $800 required to earn up to 8% on dining. Cashback capped at $15 per calendar month. Valid till 31 December 2020

Min. spend $800 required to earn 3% cashback on online shopping on Lazada, Qoo10, Shopee and Amazon.sg. Cashback capped at $15 per calendar month. Valid till 31 December 2020 

Sheng Siong cashback capped at $40 per calendar month 

Cashback on Sembcorp Power, SP Group, Best Electricity, Ohm Energy and Tuas Power recurring electricity bills and StarHub recurring bills is capped at $1 per calendar month 

Best for miles

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 as well as the extra perks that come with each of these credit cards.

 DBS Altitude VisaDBS Altitude American Express
Key Benefits1.2 mpd local spend

2 mpd foreign currency spend

3 mpd online flight & hotel transactions, capped at $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 $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 $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 $1 million travel accident insurance coverage when you charge your full travel fare to this card
Extra perks2 free Priority Pass lounge visits within each 12-month period of your membership

1.2 mpd on your bus/MRT rides. Min. spend of $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 $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 $5 spent

Each conversion of DBS points to miles will be subjected to an administrative fee of $25 (exclusive of GST)

American Express is less widely accepted compared to Visa 
DBS Altitude

Best for DBS points

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 World CardDBS Woman’s Card 
Key Benefits2X DBS points per dollar on local online spend

0.6 DBS points per dollar on foreign currency spend

0.2 DBS points per dollar of local spend on other purchases

No min. monthly spend required
1X DBS Points per dollar on local online spend

0.2 DBS points per dollar of local spend on other purchases

No min. monthly spend required
Cons2X DBS points per dollar on online spend are only applicable for the first $2,000 online spend per calendar month

High annual income requirement of $80,000

DBS points are only awarded for every $5 spent
1X DBS points per dollar on online spend are only applicable for the first $1,000 online spend per calendar month

DBS points are only awarded for every $5 spent

Best for Gen-Zs and millennials

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 $30,000 — great even if you are a freshly minted joinee of the workforce.

 DBS Live FreshDBS Woman’s Card
Key Benefits5% cashback on online and Visa contactless spend, including SimplyGo rides

0.3% cashback for all other spend
1X DBS Points per dollar on local online spend

0.2 DBS points per dollar of local spend on other purchases

No min. monthly spend required
Cons Min. spend $600 monthly required to earn 5% cashback, otherwise you’ll earn 0.3% 

$60 cashback cap per calendar month – split into $20 on eligible online spend, $20 on eligible Visa contactless spend and $20 on all other spend
1X DBS points per dollar on online spend are only applicable for the first $1,000 online spend per calendar month

DBS points are only awarded for every $5 spent

Best for online shopping

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 World CardDBS Woman’s CardDBS Live Fresh
Key Benefits2X DBS points per dollar on local online spend

0.6 DBS points per dollar on foreign currency spend

0.2 DBS points per dollar of local spend on other purchases

No min. monthly spend required

Complimentary e-commerce protection for online purchases
1X DBS Points per dollar on local online spend

0.2 DBS points per dollar of local spend on other purchases

No min. monthly spend required

Complimentary e-commerce protection for online purchases
5% cashback on online and Visa contactless spend, including SimplyGo rides

0.3% cashback for all other spend
Cons2X DBS points per dollar on online spend are only applicable for the first $2,000 online spend per calendar month

High annual income requirement of $80,000

DBS points are only awarded for every $5 spent
1X DBS points per dollar on online spend are only applicable for the first $1,000 online spend per calendar month

DBS points are only awarded for every $5 spent
Min. spend $600 monthly required to earn 5% cashback, otherwise you’ll earn 0.3% 

$60 cashback cap per calendar month – split into $20 on eligible online spend, $20 on eligible Visa contactless spend and $20 on all other spend

Best all-round credit card

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 1.6% p.a. or more on your hard earned savings.

Key benefits of POSB Everyday CardProsCons
Up to 8% cash rebate on dining8% cashback on online food delivery transactions on foodpanda and Deliveroo only

3% cashback on all other dining spend (online and offline) under MCC 5811, 5812 and 5813 only 
Min. $800 monthly spend required 

Dining rebate cap – $15 per calendar month

Valid until 31 December 2020
3% cash rebate on online shoppingOnly available for online shopping on Lazada, Qoo10, Shopee and Amazon.sgMin. $800 monthly spend required 

Rebate cap – $15 per calendar month

Valid until 31 December 2020 
5% cash rebate at Sheng SiongNo min. spend requiredRebate cap – $40 per calendar month 
3% cash rebate at WatsonsAvailable online and in-store 

No min. spend required
NIL
1% cash rebate on recurring electricity billsIncludes Geneco, Union Power, Sembcorp Power, SP Group, Best Electricity, Ohm Energy and Tuas Power 

No min. spend required
Cash rebate on Sembcorp Power, SP Group, Best Electricity, Ohm Energy and Tuas Power recurring electricity bills is capped at $1 per calendar month 
1% cash rebate on recurring StarHub bills No min. spend required
Cash rebate is capped at $1 per calendar month 
Up to 20.1% fuel savings at SPCNo 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 

Valid until 31 December 2020 

DBS Promotion: Get $200 cashback when you apply and spend on one of these five DBS/POSB credit cards: DBS Altitude (Visa), DBS Live Fresh, DBS Woman’s World Card, DBS Woman’s Card or POSB Everyday card.

Simply enter promo code NOVFLASH in your application to qualify. Promotion is valid till 26 November 2020. You’ll have to be a new DBS/POSB credit cardholder and make 1 spend within 30 days of card approval to be eligible. Terms and conditions apply.

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



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