Skip to content

What DBS Credit Cards can offer you?

Have you ever wondered why DBS is Singapore’s leading credit card service? 

For one, the bank’s product offers a broad scope of financial services. It allows cardholders to purchase almost anything they need. 

Also, it is easily accessible all over the country. Several branches of DBS are present almost everywhere. 

It’s no surprise why citizens love their financial assistance. But among all their available credit cards, which one should you choose? 

Let’s have a rundown of the best DBS credit cards in Singapore.  

Table of Contents

DBS Cashback Credit Card

DBS is well-known for its cashback and rebates for everyday expenses. You want to earn something in exchange for your daily spending. Then, taking out a DBS Cashback Credit Card is a great choice. 

DBS Live Fresh

DBS Live Fresh is your go-to DBS Credit Card for online purchases. Also, it provides special perks for Visa contactless spending and public transport. It is like cardholders earn on almost every purchase made anywhere. 

Income Requirement: Singaporeans and Permanent Residents must have a minimum annual income of $30,000. In comparison, foreigners must earn $45,000 annually. 

Annual Fee: The annual fee is $192.60. However, it is waived off in the first year. 

Cashback: Get the following rebates every time you use DBS Live Fresh for the following:

  • Online spending, Visa contactless spending, and SimplyGo rides have a cashback of 5% 
  • All other spending have a cashback of 0.3%

Spending Requirement: Maximize the perks included in your DBS Credit Card. Meet the required minimum monthly spending of $600. 

DBS Live Fresh Card is the epitome of convenience. It is like your all-in-one card with SimplyGo. 

SAFRA DBS

DBS SAFRA is also a DBS Credit Card suitable for your online shopping and public transport expenses. However, it provides Mastercard contactless spending. 

Income Requirement: Singaporeans and Permanent Residents must have a minimum annual income of $30,000. 

Annual Fee: SAFRA DBS has no yearly fee but a membership fee. As long as you settle to remain a SAFRA member, you don’t have to worry about the annual fee. 

Cashback: Earn 1 SAFRAPOINT every dollar you spend for participating outlets and facilities. Enjoy the following rebates every time you swipe SAFRA DBS for the following:

  • 3% cashback for local transactions with Mastercard contactless
  • 3% cash back for online purchases
  • 0.3% cash back for all other retail purchases or transactions

Being a cardholder lets, you have exclusive access to 6 SAFRA Clubhouses island-wide. Also, maximize your benefits at over 1,800 merchants across DBS networks and SAFRA. 

Spending Requirement: Utilize the benefits included in your DBS SAFRA. Meet the required minimum monthly spending of $500. 

SAFRA members benefit from all the perks inclusive of the SAFRA DBS Credit Card. So, become one of them and be stress-free from the annual fee. 

Securing a cashback credit card in your wallet is genuinely advantageous. It gets you a percentage of cash rebates for every card usage. And you may use these rebates on your next purchase. 

DBS Miles Card

Miles Card is the best bet for cardholders for travel. However, if you intend to spend on local or overseas vacations in the future, you better apply for a DBS credit card designed for it. 

DBS Altitude 

DBS Altitude is the credit card for travel and public transport, SimplyGo included. Also, it is a good choice for other spending matters. 

Income Requirement: Singaporeans and Permanent Residents must have a minimum annual income of $30,000. In comparison, foreigners must earn $45,000 annually. 

Annual Fee: The annual fee is $192.60. But it is waived off in the first year. 

Miles: Earn top rewards rates every time you use DBS Altitude for the following:

  • Local spending, including bus and train rides, earns 1.2 MPD
  • Overseas spending in foreign currency earns two MPD
  • Online transactions for flights and hotels make three MPD. 

On top of that, you receive two complimentary lounge visits. The time frame must be within 12 months of your DBS Altitude Visa membership. Also, you gain free travel insurance, golfing, and dining privileges. 

Be mindful that the miles earned never expire. So, enjoy these perks while using a DBS credit card for travel. 

DBS Credit Card Rewards

DBS credit cards do not only focus on rebates and miles. Some of its cards offer either of the two, depending on the range of your purchases. 

DBS Woman’s World Card

Women’s World Cards are DBS Credit Card Rewards giving miles for every online purchase. It is ideal for frequent online shoppers who buy big and pay back over time. 

Income Requirement: Singaporeans, Permanent Residents, and Foreigners with at least $80,000 annually. 

Annual Fee: The annual fee is $192.60. However, it is waived off in the first year. 

Miles: Earn your miles rewards every time you use DBS Woman’s World for the following:

  • Online spending receives four MPD.
  • Purchase made overseas receives 1.2 MPD.
  • All other purchases receive 0.4 MPD.

One of the perks of having a Woman’s World Card is the e-commerce protection for every online transaction. 

Also, note that four MPD is capped each month at $2,000. 

If you see yourself shopping online most of the time, Woman’s World Cards are your DBS credit card rewards. 

DBS Woman’s Card

DBS Woman’s Card is almost like the Woman’s World Card. But they differ on the miles earned and the requirements. So let’s understand more about it. 

Income Requirement: Singaporeans and Permanent Residents must have a minimum annual income of $30,000. In comparison, foreigners must earn $45,000 annually. 

Annual Fee: The annual fee costs $192.60. Yet, the said fee gets waived in the first year. 

Miles: Maximize your miles rewards every time you use DBS Woman’s Card for the following:

  • Online spending gets two MPD
  • All other purchases receive 0.4 MPD.

DBS Woman’s Card provides e-commerce protection for every online transaction. Also, the two MPD is capped at $1,000 each statement month. 

From this, we can say that the Woman’s Card is reasonably affordable for average earners and spenders. 

DBS credit card has a wide array of options to choose from. For example, opt for a DBS Cashback credit card if you seek rebates. If you want to earn miles or secure a travel deal, choose DBS credit cash rewards or DBS miles card. 

Your Best Money Backup Alternative 

Owning a credit card could be an advantage for you. It makes your purchasing experience lighter and more convenient. Plus, you get rewards even when you spend. Another help is that owning a credit card can also be your money backup in emergencies. 

However, not all meet the credit card qualifications set by the DBS Bank. In addition, certain factors could affect the approval of your credit card application. For example, it could be your current credit score and income profile. 

There’s still a way whenever you need a financial backup. Your best alternative is getting an instant cash loan from licensed moneylenders. Money lending entities abide by the Moneylenders Act, a law provided by the Ministry of Law Singapore.

One moneylender you can trust in the country is Cash Mart Singapore. The company has been doing the business for fifty years, funding people in dire need of extra money. In addition, the company lends money to customers, regardless of their credit standing. But note that Cash Mart still has qualifications that you should meet. Yet, it’s less strict compared to banks like DBS.

The leading financial service offered by Cash Mart is the low-interest Personal Loan. It is flexible, which you can use regardless of what purpose you have. Thus, the loan cash appeases any of your money problems.

Also, it has flexible repayment terms. Choose which you can afford to repay your debt. The loan application process is quick and easy. There are no more queue lines and mundane paperwork. 

Other best online loan services you can find in Cash Mart are Payday Loan, Business Loan, Wedding Loan, and Renovation Loan

Eligible Applicants

Cash Mart is the first choice of Singapore citizens, Permanent Residents, and even Foreigners. It caters to all qualified applicants ages 21 years and above. 

Also, it entertains borrowers even if they have a poor credit score or zero credit history. Instead, the company guides you through building a better credit record by approving an instant cash loan

Approved Loan Cash

Furthermore, Cash Mart approves a loan amount based on your annual income. 

  • If you earn less than $20,000, you can take out up to $3,000. 
  • If you earn between $20,000 and $30,000, you can take out up to two months of your income. 
  • If you earn between $30,000 and $120,000, you can take out up to four months of your income. 
  • You can take out any amount if you make $120,000 or more.

The quick cash range serves as your safety net. Cash Mart is not stingy. Instead, they care for every borrower. They only disburse funds, knowing your capability fully to pay it on time, keeping you safe from paying more than your paycheck.  

These features indicate that Cash Mart Singapore is a trustworthy moneylender. They are far different from loan sharks lurking in the country. So, save yourself from the hassle of paying annual fees due to credit cards. Instead, take out a loan from a moneylender like Cash Mart