DBS Live Fresh Card

Who is this card for

• The DBS Live Fresh Card is a great pick for young professionals who love retail therapy and travel. They will be positioned to reap the benefits of 5.7% cashback on shopping spend and 3.25% on select overseas spend. The 5.7% cashback on transport spend will also help to cushion the blow of daily expenses.
• Budget conscious users who are looking for a daily rewards card with minimal upfront costs will also appreciate the DBS Live Fresh Card for its first-year annual fee waiver. They will also love the cashback on shopping, transport and overseas spend.

Compare to other cards 

Like the DBS Live Fresh Card, the POSB Everyday Card and OCBC’s Frank Credit Card are both everyday rewards cards aimed at young adults. Let’s review the benefits across each card before delving into some key differences.

Want big rewards? Both OCBC’s Frank Credit Card and the POSB Everyday Card offer up to 10% cashback rewards on online transactions and food deliveries, respectively. Though this is significantly higher than the 5.7% cashback the DBS Live Fresh Card offers, it’s also restricted to a smaller pool of qualifying spend. 

Let’s say you want to shop local. If you’re a DBS Live Fresh Card member, you get 5.7% cashback for both online or in-person retail spend, if your monthly cap hasn’t been reached. But if you’re a Frank Credit Card member, you’ll only get cashback on local currency transactions, in the form of online purchases and contactless payments. For POSB Everyday Card shoppers, local shopping spend is restricted to popular online merchants like Lazada, Shopee and Amazon Singapore.

The key difference between the DBS Live Fresh Card and its competitors is its overseas spend rewards. The POSB Everyday Card rewards cardholders who spend in Malaysia with up to 10% cashback, capped at $20 per calendar month. OCBC’s Frank Credit Card offers up to 8% cashback for online and offline purchases made in foreign currency, capped at $25 per month. The DBS Live Fresh Card offers up to 3.25% on select overseas spend in 15 countries, capped at $50. This is markedly more generous, allowing you to earn bigger rewards.

DBS Live Fresh Card

Interest rate: 27.80 %

Annual fee: $196.20 (First year waiver available)

Minimum annual income:

• $30,000 for Singaporeans and PRs
• $45,000 for foreigners

Benefits:

• 5.7% cashback on transport and shopping spend.
• 3.25% cashback on overseas point-of-sales transactions in Brunei, Cambodia, China, Indonesia, Hong Kong, Japan, Laos, Malaysia, Mongolia, Myanmar, Philippines, South Korea, Taiwan, Thailand and Vietnam.
• 0.3% unlimited cashback on all spending.
• Get discounts on AirAsia, Korean Air and Qatar Airways flights and travel bookings with Trip.com, Expedia and more.

POSB Everyday Card

Interest rate: 27.80 %

Annual fee: $196.20 (First year waiver available)

Minimum annual income:

• $30,000 for Singaporeans and PRs
• $45,000 for foreigners

Benefits:

• 10% cash rebates on online food deliveries
• 5% cash rebates when dining out
• 5% cash rebates when shopping online at Amazon.sg, Lazada, Shopee, Redmart, Taobao and TikTok Shop.
• 10% cash rebates on offline MYR spend
• 10% cash rebates on bus & train rides with SimplyGo
• No minimum spend required for cashback on groceries, fuels and pet supplies

OCBC’s Frank Credit Card

Interest rate: 27.78 %

Annual fee: $196.20 (First year waiver available)

Minimum annual income:

• $30,000 for Singaporeans and PRs
• $45,000 for foreigners

Benefits:

• 8% cashback on purchases made in foreign currency, both online and in stores.
• 8% cashback on online purchases made in SGD and contact mobile transactions. (Includes Apple Pay, Samsung Pay, Google Pay and Garmin Pay in SGD.)
• 0.3% cashback on all other spend.
• 2% bonus cashback on green merchants. (Includes SimplyGo, BlueSG, Scoop Wholefoods and more.)

Credit card application

Step 1: Apply via our DBS Live Fresh Card page

Click on our card application link to begin.

Ensure your income data and identity available is up to date on SingPass MyInfo so you can streamline the process. You can expect your approval-in-principal page to appear within minutes of submitting your application.

Step 2: Make sure you have all your documents 

Collecting all your required documents can be a hassle. You can choose to skip the process by applying with SingPass. Otherwise, you’d need to provide your:

• The front and back of your NRIC
• Latest 3 computerised payslips or crediting bank statements
• Latest Income Tax Notice of Assessment

Step 3: Say hello to your new card

Activate your new DBS Live Fresh Card via the DBS digibank mobile app. You'll need to enter a One-Time-Password after entering your 6-digit online banking PIN to secure your credit card transactions. Now you can use it for any and all purchases as well as and track your rewards, credit card rewards and transactions with digibank!