DBS is offering a very compelling offer on transport expenditures from now till 31 December 2019. Both Altitude AMEX and Altitude Visa cardholders can earn 4 mpd on bus, train and taxi rides and 2.4 mpd on petrol at Esso.
4 mpd on bus, train, taxi rides
From 1 August till 31 December 2019, DBS Altitude cardholders will earn 4 mpd when paying for the following merchants:
- Bus/MRT rides (MCC 4111)
- Comfort/Citycab/Grab/Go-jek (MCC 4121, excludes GrabPay transactions)
Do note that bus and MRT rides refer to SimplyGo, i.e. where you tap your card directly on the gantry. You will not earn the bonus if you top up your EZ-link card at the GTM stations, notwithstanding the fact these machines accept credit cards.
The 4 mpd earn rate consists of the regular 1.2 mpd base rate, plus a bonus 2.8 mpd which will be credited 90 days after the promotion ends (i.e. 31 March 2020).
The maximum bonus miles you can earn on these transactions is capped at S$1,200 for the promotion period, which should be plenty unless you take Grab/Go-jek every day. Also note that this offer will be more useful to those with the DBS Altitude Visa, as AMEX cards are not accepted for SimplyGo.
2.4 mpd on Esso petrol
From 1 August till 31 December 2019, DBS Altitude cardholders will earn 2.4 mpd when paying at Esso stations. This requires that you spend a minimum of S$300 nett on fuel in a calendar month, and is capped at S$1,600 nett fuel spend for the promotion preiod.
As you may know, Esso sells much more than just petrol- there are FairPrice Xpress outlets at stations where you can pick up some groceries too. The T&C state that this 2.4 mpd promotion applies to “fuel”, but unless DBS has access to Level 3 data from Esso (which they may well do), it’s hard to see how they’d know what you’re buying.
The 2.4 mpd earn rate consists of the regular 1.2 mpd base rate, plus a bonus 1.2 mpd which will be credited 90 days after the promotion ends (i.e. 31 March 2020). Remember, however, that you can earn more than 2.4 mpd on petrol with a card like the Maybank Horizon Visa Signature (3.2 mpd) or the UOB Visa Signature (4 mpd).
Supplementary cardholders are entitled to take part in this promotion, but it’ll be the principal cardholder who does the registration. The cap of S$1,200 for bus/mrt/Grab/go-jek and S$1,600 for Esso petrol is shared across both principal and supplementary cards.
This is a great promotion, and I’ve updated the Milelion card guide to reflect this latest information.