Bank Cards - Recent Updates
Bank Cards - Recent Updates
- Updates to DBS Insignia Visa Infinite Card - Miles Accelerator Promotion
With effect from 1 November 2023, we will be ceasing the Miles Accelerator Promotion. Registered cardmembers will still enjoy an additional 1 mile on their eligible spend till 31 October 2023. The final administrative fee for the extra Bonus Miles (awarded in the form of DBS Points) earned on their eligible spend from 1 to 31 October 2023 will be charged by 30 November 2023.
With effect from 1 November 2023, cardmembers can continue to earn 1.6 miles per S$1 on their local retail spend, and 2 miles per S$1 on their overseas retail spend.
- Cash withdrawals at ATMs
Effective 10 Sep 2023, the total amount of cash that you can withdraw per day on both local and overseas ATMs is S$15,000. This daily cash withdrawal limit applies regardless of the number of cards you have. For withdrawals of larger amounts within the same day, please seek assistance from our branch staff during banking hours. Click here for details.
- Updates on POSB Every Card – Cash Rebates on Watsons Spend
With effect from 1 October 2023, cash rebates on Watsons spend will be revised from 3% to 0.3%, with no minimum spend and cap. You can still redeem your POSB Daily$ at Watsons stores islandwide. Continue to tap your POSB Everyday card to enjoy cash rebates!
- Card benefit changes coming your way on 1 August 2023!
Thank you for supporting the DBS Altitude Card! We will be sharing more details about how you can continue to earn miles for your next trip with the revised card benefits. Watch this space closer to August.
- Updates to DBS Altitude Card – Miles Accelerator Promotion
With effect from 1 July 2023, we will be ceasing the Miles Accelerator Promotion. Registered cardmembers will continue to earn 1 additional mile on their eligible spend till 30 June 2023. The final 2% administrative fee will be charged by 31 July 2023. Thereafter, you can still continue to earn up to 10 miles per S$1 on your retail spend. Find out more here.
- Updates to the DBS Live Fresh Card Cashback Programme and DBS Live Fresh Student Card Cashback Programme
The revision of the cashback awarding structure for DBS Live Fresh Card Cashback Programme and DBS Live Fresh Student Card Cashback Programme (initially scheduled for 1 April 2023) has been postponed until further notice. Continue to enjoy the benefits of the DBS Live Fresh Card as we work towards bringing you an updated one-glance statement of rewards.
- Updates to the DBS Live Fresh Card Cashback Programme and DBS Live Fresh Student Card Cashback Programme
With effect from 1 April 2023, we will be revising the cashback awarding structure under the DBS Live Fresh Card Cashback Programme and DBS Live Fresh Student Card Cashback Programme so that it would be easier for you to view your bonus rewards earned at one glance in your statement. You can click here for the revised Terms and Conditions. For more information, please refer to: - Increase of Credit Card Retail Interest Rate and Cash Advance Interest Rate With effect from 01 April 2023, the prevailing interest rate for computing finance charges applicable to your Card Account
- Card transactions will be revised from 26.8% p.a. to 27.8% p.a. on the transaction amount, chargeable on a daily basis from the date of transaction until receipt of full payment if the entire outstanding balance is not paid in full by payment due date.
- Cash advance charges will be revised from 28% p.a. to 28.5% p.a. on the amount withdrawn, chargeable on a daily basis from the date of withdrawal until receipt of full payment.
- 1st January 2023
With effect from 1st January 2023, we will not be accepting applications for new DBS Treasures Black Elite Card. For existing DBS Treasures Black Elite Card, you will be able to continue using the card as usual. Click here for our "Frequently Asked Questions"
If you wish to apply for other DBS/POSB Card(s), please visit dbs.com.sg/cards for more information.