DBS/POSB Credit Cards: Which Card Should You Add To Your Wallet?

As the largest bank in Singapore, DBS/POSB offers a great range of credit cards, so here are some of DBS/POSB credit cards worth your salt. 

Whether it's miles or cashback you're looking for, DBS/POSB has a credit card for different reward types, lifestyle, and habits. From the DBS Woman's World Card to the POSB Everyday Card, here’s a look at some DBS/POSB cards to consider adding to your wallet.

• DBS/POSB miles credit cards
• DBS/POSB cashback credit cards

Why use a DBS/POSB credit card? 

Regardless of which DBS/POSB credit card to choose, there are perks you can enjoy as a DBS/POSB credit card holder. 

• Enjoy promotions and deals on DBS PayLah! app: More than just a digital wallet, check out special promotions and deals available on the DBS PayLah! app. 
• Earn higher interest rates on your DBS Multiplier account: If you have a DBS Multiplier account, or if you have plans to open one, you can earn up to 4.10% p.a. on your savings. The interest you earn would depend on the number categories you transact in, spending, and salary crediting.
• Rewards that range from movie tickets to cash vouchers: If you earn DBS Points instead of cashback, you can exchange DBS Points for a variety of rewards. 
• Keep track of your expenses by category: With the DBS NAV Planner, you get a breakdown of your finances, including your emergency savings, investments and how much you are spending each month on your credit card based on categories such as dining, transportation, shopping etc.

Types of DBS/POSB credit cards

Miles credit cards

When choosing a miles credit card for DBS, the biggest differentiating factor is how you intend to spend on the credit card. Will you be spending more on online purchases, or do you have plans to spend it on travel in the future? 

Here’s a look at three miles credit cards DBS has to offer.  

	DBS Altitude	DBS Woman’s World Card	DBS Woman’s Card
	Apply Now	Apply Now	Apply Now
Reasons to get this card	- 1.3 mpd on local spend (including bus/train rides) - 2.3 mpd on overseas spend (in foreign currency) - 3 mpd on Agoda bookings - 2 free lounge visits within each 12-month period of your membership	- 4 mpd for online purchases - 1.2 mpd for overseas purchases - 0.4 mpd for other purchases - E-commerce protection for your online purchases Note: 4 mpd earn rate is capped at S$1,500 each statement month	- 2 mpd for online purchases  - 0.4 mpd for other purchases - E-commerce protection for your online purchases Note: 2 mpd earn rate is capped at S$1,000 each statement month
What this card is good for	- Travel - Public transport (SimplyGo) - All spend	Online purchases	Online purchases
Minimum annual income required	S$30,000 ($45,000 for foreigners)	S$80,000 (S$80,000 for foreigners)	S$30,000 (S$45,000 for foreigners)
Annual fee	S$194.40 (first year waived)	S$194.40 (first year waived)	S$194.40 (first year waived)

If you can’t decide between the cards, you can always apply for more than one credit card. Whip out the DBS Woman’s World Card when making an online purchase and use the DBS Altitude for all other spend.  

If you have trouble meeting the minimum annual income required for DBS Woman’s World Card, you can consider other cards such as the Citi Rewards card or the OCBC Titanium that both give 4 mpd for online purchases as well. 

Cashback credit cards

With a cashback card, you get a percentage of cashback into your credit card when you spend. These cash rebates can be used to offset your next bill payment. 

Here are the three cashback credit cards DBS/POSB has that are both offering higher cashback rates for online spend. 

	DBS Live Fresh	POSB Everyday	SAFRA DBS
	Apply Now	Apply Now	Apply Now
Reasons to get this card	- Up to 6% cashback on local and overseas shopping spend - Up to 6% cashback on transport (including SimplyGo rides) - 0.3% unlimited cashback for all other spend Note: Min. monthly spend of S$800 required	- 10% cash rebates on online food delivery from Foodpanda, Deliveroo and WhyQ exclusively - 8% cash rebates on select onling shopping spend - 3% cash rebates on all other dining spend - 5% cashback at Sheng Siong - 3% cash rebates for Watsons in-store and online transactions - Up to 3% cash rebate on recurring electricity and telco bills - Up to 20.1% fuel savings at SPC	- 3% cashback on local MasterCard contactless transactions (including bus/train rides) - 3% cashback on online transactions - 0.3% cashback on all other retail transactions - Every dollar spent at participating outlets and facilities at SAFRA earns you 1 SAFRAPOINT which can be redeemed for rewards - Exclusive access to 6 SAFRA Clubhouses islandwide and benefits at over 1,800 merchant outlets across SAFRA and DBS networks Note: Min. monthly spend of S$500 required
What this card is good for	- Online and in-store shopping (local and overseas) - Public transport  - Daily expenditure	- Online food delivery - Groceries - Petrol - Electricity bills	- Mastercard contactless - Online purchases - Public transport (SimplyGo)
Minimum annual income required	S$30,000 (S$45,000 for foreigners)	S$30,000 (S$45,000 for foreigners)	$30,000
Annual fee	S$196.20 (1st year waived)	S$194.40 (1st year waived)	No annual fee, so long as you remain a SAFRA member. SAFRA membership fee applies.

Both DBS Live Fresh and POSB Everyday cards offer different types of cashback based on your lifestyle habits. 

DBS Live Fresh

The DBS Live Fresh Card has a more simple cashback mechanic:

• Up to 6% cashback on local and overseas shopping spend
• Up to 6% cashback on transport spend
• 0.3% unlimited cashback on all other spend 

The cashback is capped at S$70 per month, with a minimum spend of S$800 every month (otherwise 0.3% unlimited cashback). You can view the full cashback T&Cs here. 

POSB Everyday Card

The POSB Everyday Card is one of the most versatile credit cards around, offering cash rebates on categories such as groceries, transport/petrol, telecommunications, dining, shopping, utilities, and more.

In particular, if you own a car, the POSB Everyday card can help you to save up to 20.1% of your petrol spend when you pump at SPC. You can also use it to pay for your utility bills and get up to 3% cash rebate.

You can enjoy cash rebates for the following categories without any minimum spend:

• 5% cash rebates at Sheng Siong, capped at Daily$30 per month
• Up to 3% cash rebates on utility bills, capped at Daily$3 per month
• Up to 20.1% cash rebates on fuel at SPC and 2% cash rebates at SpeedyCare, no monthly cap imposed
• Up to 3% cash rebates at Pet Lovers Centre (min. S$15 spend), no monthly cap imposed
• 0.3% cash rebate on all other spend

However, with a minimum spend of S$800 per month, you stand to enjoy more cash rebates: 

• 10% cash rebates on online food delivery at foodpanda, Deliveroo, and WhyQ; 3% cash rebates on all other dining spend
  • Capped at Daily$15 per month
• 5% cash rebates on online shopping at Amazon.sg, Lazada, Qoo10, Shopee; 8% cash rebates at POPULAR and POPULAR online store
  • Capped at Daily$15 per month
• 3% cash rebates on recurring telco bills, capped at Daily$3 per month
• Earn 1.80% p.a. or more with DBS Multiplier Account when you credit your salary and spend on your card

Read the full T&Cs here.

SAFRA DBS Card

Whil the main benefit of having this card is you have access to club facilities across seven SAFRA Clubhouses, SAFRA members can choose to add the SAFRA DBS card to their wallet to enjoy up to 3% cash rebate on local contactless spend and online shopping, including SimplyGo rides. You'll earn 0.3% cash rebate on all other retail transactions. 

Additionally, you'll also enjoy exclusive discounts and perks at over 1,800 merchants outlets.