DBS Live Fresh Credit Card Review

DBS bank wants young adults to treat themselves to retail therapy and earn rebates with its Live Fresh Credit Card. With up to 6% cashback on daily rides and shopping, is this the perfect cashback card for young working adults?

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More details from DBS

View rates and fees information.

• Get 3.25% cashback on overseas point-of-sales transactions when you’re holidaying in Malaysia, Thailand, The Philippines, Vietnam, Japan, Hong Kong, South Korea, Taiwan, China and more. 

• Enjoy 5.7% cashback on shopping and transport spend. 

• Stack shopping and transport spend with select overseas spend for 9.25% cashback.

• Spend at least $800 per calendar month with your DBS Live Fresh Credit Card for base cashback and earn bonus rewards of up to $120 with shopping, transport and overseas spend.

• Delight in discounts on AirAsia, Korean Air and Qatar Airways flights and travel bookings with Trip.com, Expedia and more.

• Say hello to your personal 24/7 Visa concierge ready to answer any questions you have on available services, amenities and exclusive privileges.

• Annual fees for supplementary cards cost $98.10 per card.

• Card holders between 21-29 years old can redeem a cash reward of $300 by switching their salary credit to DBS/POSB.

Detailed review

Paying the $196.20 annual fee for your DBS Live Fresh Credit Card gives you access to all of its associated benefits, including its extensive cashback programmes. If you’re a firm believer in retail therapy and frequently travel around the region for work, this credit card can help you save while you spend—whether that’s at a departmental store in Singapore or a pharmacy in Vietnam. Thanks to its transport spend cashbacks, you’ll also be able to save on rides back home after late nights at the office, whether you’re cabbing, engaging a ride-hailing service operator or taking public transport. 

It’s a good time to be a DBS/POSB newbie, with these enticing limited-time offers from DBS. Get $300 cashback by signing up for the DBS Live Fresh Credit Card by 30 April 2025. Or, start crediting your salary to a DBS/POSB account to unlock a $300 cash reward and spend with your new card for an additional $450 cashback. Do note that this offer is only open to those between the ages of 21-29 years old.

>>  MORE: The best dining credit cards of 2025.

DBS Live Fresh Credit Card: The basics

Card type: Cashback

Annual fee: $196.20

Sign-up offer: $300 cashback for new card members, or score up to $750 by eligible new members*.

*You must be between 21-29 years old to take advantage of this offer. You must also credit your salary of at least $1,600 to a DBS/POSB account for at least 3 consecutive months, with a min. spend of $500 from 30 days of your Card Approval Date.

Rewards:

• 5.7% cashback on shopping and transport spend.

• Extra 3.25% on overseas point-of-sales spend in Brunei, Cambodia, China, Indonesia, Hong Kong, Japan, Laos, Malaysia, Mongolia, Myanmar, Philippines, South Korea, Taiwan, Thailand and Vietnam.

• Unlimited 0.3% cashback on all spending with no minimum spend required.

How much cashback can I really earn? Keep in mind the 3.25% extra cashback for overseas spend is a new benefit:

• This means you get to add this on top of the base cashback (0.3%), and transport and shopping spend (5.7%). If you spent slightly over $800 in total on a weekend trip, that works out to be about $50 in cashback.

Foreign currency transaction: A prevailing administrative fee of up to 2.65% may apply for foreign currency transactions.  

Minimum income requirement:

• $30,000 per annum for Singapore citizens and Permanent Residents.

• $45,000 per annum for foreigners.

Other benefits: Fancy some gelato? DBS Live Fresh Credit Card members can enjoy a variety of yummy 1-for-1 deals, ranging from lunch buffets at the Carlton Hotel, to waffles and gelato at the Grin Affair. Don’t forget DBS’s Fresh Deals, which covers travel-related promos like DBS Half-Priced Holidays, discounted flights with partner airlines and more.

>>  MORE: Applying for a credit card in Singapore.

Compare to other cards

Benefits and perks

Cashback on shopping & transport spend

Earn up to $70 back when you spend at least $800 with your DBS Live Fresh Credit Card. That works out to be 6% cashback and applies to in-store, contactless and online spend in Singapore and overseas. (Shopping and transport cashbacks are capped at $20 and $50 respectively each calendar month.)

Cashback on select overseas spend

No registration required! Once you have spent at least $800 with your credit card, you’ll unlock an extra 3.25% cashback for select overseas spend. From 1 April 2025, point-of-sale transactions performed in select Asian countries like Malaysia, Indonesia, Thailand and more will net you 3.25% cashback, capped at $50 total. 

Unlimited cashback on all spend

Didn’t manage to spend at least $800 this month? You’ll still be eligible for the base cashback rate of 0.3% on all spend, which is unlimited. Please note that the following retail transactions are not eligible for all spend cashbacks: betting, payments for insurance premiums, EZLINK, SHOPEEPAY and RAZERPAY transactions. For an non-exhaustive list, please look at DBS’s Terms and Conditions document relating to the Live Fresh Credit Card.

>>  MORE: The best travel credit cards in Singapore.

Limitations

Though the idea of being rewarded for your monthly expenditure is enticing, relatively low cashback caps put a damper on the prospect of earning back big bucks. 

• The monthly cap on transport spend, for example, is only $20. Meanwhile, both shopping and select overseas spend are capped at $50. Once card holders reach the limit, cashback rates revert back to the base rate of 0.3%.

• The $800 monthly spend requirement for unlocking better cashback rates can also be a drawback for those who do not consistently spend in the shopping, transport and overseas categories. For example, a busy deskbound executive who rarely travels for work or leisure may not be able to capitalise on the full 9.25% cashback rate, owing to the lack of overseas spend. 

Bigger spenders may want to look elsewhere

If your monthly expenditure regularly exceeds $800, you might want better cashback rates to make it worth your while. The UOB One card gives up to 10% cashback for card holders who spend a minimum of $2,000 per month. That and the fact that they are partnering with some of Singapore’s favourite merchants, such as Cold Storage, Shopee, Guardian, McDonald’s and Grab—makes it that much easier for you to hit your minimum spend target.

Flexible cashbacks options available 

Feeling weary of tracking your spending categories to maximise your cashback earnings? Switch from your category-based card to a flat-rate cashback card! For American Express® True Cashback Card members, the hassle of minimum spend requirements, cashback caps and spending categories simply do not exist. This no-fuss credit card offers all new sign-ups 3% cashback. This applies for all local and overseas purchases, though this rate drops to 1.5% after a 6-month period. For those willing to pay the annual fee of $174.40, this is definitely one cashback credit card you should consider. 

Check out our comparison tool for the best cashback credit cards in Singapore available in 2025.

While our impartial and independent reviews are written with the intention of helping our readers make better financial decisions, we do not make personalised recommendations.

Is this the right card for you?

Much like the OCBC Frank Card and the POSB Everyday Card, the DBS Live Fresh Credit Card is tailored for young professionals. This especially applies to busy young professionals who are also bona fide shoppers and foodies who make several weekend trips a year. They will be able to take full advantage of DBS’s long list of 1-for-1 Food & Beverage deals and utilise DBS’s travel offers. This is, of course, on top of hitting $800 in shopping and transport spend for that 6% cashback rate, and maxing it out to 9.25% with select overseas spend of 3.25%.

Alternate pick: Cashback

Seedly rating: 3.7 stars

POSB Everyday Card

Make your every day more rewarding

Manage your daily expenses with 10% cashback on everything from public transport rides and online food deliveries. You’ll even get 5% cashback on your online shopping sprees on Amazon.sg, Lazada, Shopee, Taobao and more.

Read Our Review

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