From 5-19 June 2020, new-to-bank customers who sign up for DBS credit cards will get S$200 cashback, with no minimum spending required.
| ⚠️ DBS defines “new-to-bank” as customers who do not currently hold a principal DBS or POSB credit card, and have not done so in the past 12 months |
Which DBS cards are eligible?
The following credit cards are eligible for this promotion:
| Card | Annual Fee | Key Features |
 DBS Live FreshApply here |
S$192.60 (First year free) |
Up to 10% cashback on online and Visa contactless |
 DBS Altitude VisaApply here |
S$192.60 (First year free) |
3 mpd on airline and hotel spend, 2 lounge passes |
 DBS Altitude AMEXApply here |
S$192.60 (First year free) |
3 mpd on airline and hotel spend |
 DBS Woman’s CardApply here |
S$160.50 (First year free) |
2 mpd on online spending |
 DBS Woman’s World CardApply here |
S$192.60 (First year free) |
4 mpd on online spending |
 POSB Everyday CardApply here |
S$192.60 (First year free) |
Up to 15% rebates on groceries, online food delivery and more |
Do note that links above will send you directly to the DBS website; there’s no need to fill a separate SingSaver rewards form.
You will need to enter the code FLASH200 in the promo code box when applying. This is extremely important so don’t overlook this step.
Applications must be received by 19 June, and approval given by 26 June 2020. You must activate your card within 30 days from card approval.
When will the S$200 cashback be received?
Cashback will be credited to your account within 120 days from the date of card approval. Once again, there is no need to spend anything to get the cashback.
That said, I’d certainly be going for a DBS Woman’s World Card (men can apply too) and using it for the first S$2,000 of online spending every month. This will give you 4 mpd on things like Amazon, Lazada, Qoo10, air tickets, hotel bookings (which are paid for online), movie tickets and more.
The full T&C of this promotion can be found here.
Conclusion
I can’t think of too many people who don’t have a DBS or POSB credit card by now, but if you’re one of them, this is a great time to get on board.
Do keep in mind that you can also opt for a pair of Apple AirPods with wireless charging case (RRP: S$239) if you prefer- simply enter the code DBSAIRPODS when applying. This requires a minimum spend of S$1,200 within 60 days from approval, however.
