Credit Cards Deals

DBS November deal: S$300 cashback with S$300 spend on new credit cards

Get S$300 cashback when you pick up a new DBS credit card and spend S$300 in the first 30 days.

Apply by 15 November.

DBS is back with another flash sign-up offer for six of its credit cards this month, allowing new customers to earn an easy S$300 cash rebate for a minimum spend of S$300 in the first 30 days (equivalent to 100% cashback).

This seems to be the bank’s regular offer these days, which is no bad thing as it’s really only marginally poorer than the earlier S$300 sign-up gift for making only a single transaction. To be fair, S$300 spend in 30 days is quite reasonable, when you consider you’re basically getting all of it back!

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You can even achieve the spend buying Cold Storage or NTUC vouchers for future shopping, if you don’t have any immediate expenses coming up.

To be eligible, you’ll have to apply between 2nd November 2021 and 15th November 2021.

As always, this deal is a nice opportunity to add one of our recommended miles-earning options to your wallet, like the Woman’s World or Altitude cards, if you’re not currently holding a DBS or POSB credit card as a principal cardholder.

Eligibility

To be eligible, you’ll need to be a new-to-bank credit card customer.

New To Bank? DBS defines ‘new-to-bank’ customers as those who:

  • do not currently hold any principal DBS/POSB credit card; and
  • have not cancelled any DBS/POSB credit card(s) within the last 12 months

If you are a supplementary DBS/POSB cardholder but not a primary cardholder on any such account, you’ll also qualify as a new customer.

The offer

You’ll earn S$300 cashback when you apply online for a DBS/POSB credit card using promo code ‘NOVFLASH’– with S$300 minimum spend required in the first 30 days.

Do make sure not to skip this step when you apply. No code – no cashback!

Applicable cards are:

DBS Altitude Visa
APPLY

 

DBS Altitude Amex
APPLY

 

DBS Woman’s
APPLY

 

DBS Woman’s World
APPLY

 

DBS Live Fresh
APPLY

 

POSB Everyday
APPLY

 

Here’s how it works:

  • Apply online via DBS digibank or Myinfo with Singpass for one of the credit cards listed above using promo code ‘NOVFLASH’ between 2nd November 2021 and 15th November 2021.
  • Have your card account approved by 29th November 2021.
  • Charge at least S$300 of eligible spend to the card within 30 days of your approval date.

The qualifying spend can be online or in-person and can be charged in SGD or foreign currency, or any mixture of these.

The S$300 cashback will then be credited to your card account within 50 to 75 days from the date of your S$300 minimum spend being met.

For example if your card is approved on 10th November 2021 and you complete the steps correctly, with a total of S$300+ spend met by 20th November 2021, the cashback will be credited by 3rd February 2021.

Your card account must remain open and in good standing when the cashback is credited.

Excluded transactions

You only have to make S$300 spend to qualify for this offer, so make sure it’s all eligible especially if you’re planning to hit the minimum level exactly during the first 30 days.

Here’s a list of excluded spend categories:

  • posted 0% Interest Instalment Payment Plan monthly transactions
  • posted My Preferred Payment Plan monthly transactions
  • interest, finance charges, cash withdrawal, balance transfer, smart cash, AXS payments, SAM online bill payments, bill payments via internet banking and all fees charged by DBS
  • payments to educational institutions
  • payments to financial institutions (including banks, online trading platforms and brokerages)
  • payments to government institutions and services (court cases, fines, bail and bonds, tax payment, postal services, parking lots and garages, intra-government purchases and any other government services not classified here)
  • payments to hospitals
  • payments to insurance companies (sales, underwriting and premiums)
  • payments to non-profit organisations
  • payments to utility bill companies
  • payments to professional service providers (including but not limited to accounting, auditing, bookkeeping services, advertising services, funeral service and legal services and attorneys)
  • any top-ups or payment of funds to payment service providers, prepaid cards, any prepaid accounts or purchase of prepaid cards/credits (including but not limited to EZ-Link, GrabPay, NETS FlashPay and Singtel Dash)
  • any betting transactions (including levy payments to local casinos, lottery tickets, casino gaming chips, off-track betting and wagers)
  • any transactions related to crypto currencies
  • any other transactions determined by DBS from time to time

DBS Altitude cards

One of the most popular general spend cards among our readers in the DBS lineup is the bank’s Altitude card.

S$300 cashback is also a better deal than the ongoing 10,000 bonus miles sign-up offers (which we value at around S$190), and with only S$300 spend requirement this could be a good time to take the plunge with one of these cards if you don’t currently hold a DBS/POSB credit card and haven’t done for the last 12 months.

For further details, check out our full review of the Altitude cards.

DBS Altitude
Altitude Card Amex.png
1.2 mpd
local

2 mpd
FCY

3 mpd
travel
READ OUR REVIEW
DBS Altitude
Altitude Card Amex.png

1.2 mpd
local

2 mpd
FCY

3 mpd
travel
READ OUR REVIEW

DBS WWMC

The other great DBS credit card to have in your wallet (or actually, on your desk at home) for miles earners is the Woman’s World Mastercard (WWMC), which earns 4 miles per dollar for the first S$2,000 in monthly online transactions.

The best part? Men can apply too!

Check out the product promotion page and our full review for all the details.

DBS Woman's World Card
Card
First year
free

4 mpd
online

Men can
apply
READ OUR REVIEW
DBS Woman's World Card
Card

First year
free

4 mpd
online

Men can
apply
READ OUR REVIEW

Terms and conditions

Here are the full terms and conditions applicable to this sign-up offer.

 DBS November 2021 Sign Up Flash Deal T&C

Further details are available at the promotion page.



 


 

Summary

DBS is back with its top S$300 cashback sign-up bonus for new-to-bank members picking up these credit cards, with a minimum spend of S$300 in the first 30 days to qualify for the gift (now the norm).

That’s far from unreasonable in our view, and is effectively equivalent to 100% cashback!

The deal is great if you don’t yet hold a credit card with the bank, or have been DBS/POSB credit card free for a year or more.

(Photo: DBS)

Remember you must use the promo code NOVFLASH when applying to be eligible for this cashback offer, between Tuesday 2nd November 2021 and Monday 15th November 2021.

If you’re already a DBS credit card customer, check whether any of your supplementary cardholders are eligible. If they don’t have a primary DBS credit card of their own, and haven’t for the last 12 months, they should probably take advantage now.

(Cover Photo: Quentin Ray)

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