Review: DBS Woman’s World Card

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The DBS Woman's World Card is one of the best options for online spending- and it's not just for ladies.

Here’s the Milelion’s review of the DBS Woman’s World Card, one of the best kept secrets in Singapore. Most people assume by the name that its appeal is limited to 50% of the population, but it’s not just for ladies.

In fact, this is pretty much an essential card for all miles chasers, thanks to its bonuses on online spending. 

πŸ’³ tl;dr: β˜…β˜…β˜…β˜…1/2
Don’t let the branding throw you off. The DBS Woman’s World Card is an excellent option for online spending, and an easy way to generate up to 96,000 miles a year with just S$2,000 of expenditure per month. It doesn’t do much else, but do you need it to?
The goodThe bad
  • 4 mpd on all online spending
  • Relatively high 4 mpd cap of S$2,000 per month
  • Points only valid for 1 year
This DBS Woman’s World Card review forms part of my collection of credit card reviews. I’m constantly adding new ones, and you can browse the entire collection here.

Overview: DBS Woman’s World Card

Let’s start this review by looking at the key features of the DBS Woman’s World Card. 

dbs woman's world cardApply Here
Income Req.S$80,000 p.a Points Validity1 year
Annual FeeS$192.60
(First Year Free)
Min. Transfer5,000 DBS Points
(10,000 miles)
Miles with
Annual Fee
NoneTransfer Partners
  • Singapore Airlines
  • Cathay Pacific
  • Qantas
  • Air Asia
FCY Fee3.25%Transfer FeeS$26.75
Local Earn0.4 mpdPoints Pool?Yes
FCY Earn1.2 mpdLounge Access?No
Special Earn4 mpd on online spendingAirport Limo?No
Cardholder Terms and Conditions

Do note that DBS has two different Woman’s cards- the Woman’s Platinum Mastercard (left), and the Woman’s World Card (right). We will review the DBS Woman’s World Card in this post, but there’s really no reason why you should be getting the Woman’s Platinum Mastercard to begin with. 

dbs woman's card review

Dude, I’m a guy…

Good for you. Pump more iron and console yourself that applying for a lady’s card does not make you less of a man in any way shape or form. 

Unlike the gender-exclusive UOB Lady’s Card, the DBS Woman’s World Card is open to both men and women. Don’t believe me? Scroll up and look closely at the name DBS put on the card art. 

How much must I earn to qualify for a DBS Woman’s World Card?

income requirement

The DBS Woman’s World Card supposedly has an S$80,000 annual income requirement, but don’t let that put you off applying- as I’ve laid out before, any income requirement above the MAS-mandated minimum of S$30,000 is purely arbitrary. 

The fact of the matter is, plenty of people who earn S$30,000 per year get approved for a DBS Woman’s World Card with no drama whatsoever.

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It helps if you already hold an existing DBS credit card. Click through this link, and select the DBS Woman’s World Card.

dbs woman's world card application

Select “Yes” when asked if you already have a DBS card, and login to your ibanking. You should then receive an instant decision, and from the data points I’ve seen so far, earning less than S$80,000 has never been an issue. 

How much is the DBS Woman’s World Card annual fee?

 Principal CardSupp. Card
First YearFreeFree
SubsequentS$192.60S$96.30

The DBS Woman’s World Card has an annual fee of S$192.60 for the principal cardholder, and S$96.30 for each supplementary card. This is waived for the first year, and subsequent years’ annual fees can be waived when you spend at least S$25,000 a year. 

Don’t take this as a hard and fast rule: I’ve got my annual fee waived many times before despite spending nowhere near S$25,000. It’s extremely easy to request an annual fee waiver via DBS’s online channels or hotline, so don’t be afraid to try. 

What sign-up bonuses or gifts are available?

DBS doesn’t normally offer sign-up bonuses, but from time to time they offer gifts for new-to-bank customers. New-to-bank customers are defined as those who do not currently hold a principal DBS/POSB credit card, and have not in the past 12 months before application. 

🎁 Current Sign-Up Bonuses/Gifts

Fill in the following promo codes when you apply to get additional gifts (for new-to-bank customers only, unless otherwise stated): 

  • SHOP220: S$220 cashback upon approval (T&C) (Expires 10 Jul-20)
  • DBSAIRPODS: Apple AirPods with Wireless Charging Case. Must spend at least S$1,200 within 60 days of card approval (Expires 31-Jul-20)
  • DBS200CASH: S$200 cashback upon approval. Must spend at least S$1,200 within 60 days of card approval (Expires 31-Jul-20)

How many miles do I earn?

πŸ‡ΈπŸ‡¬ SGD Spending🌎 FCY Spendingβž• Bonus Spending
0.4 mpd1.2 mpd4.0 mpd on online transactions

SGD/FCY Spending

DBS Woman’s World Card members earn 1 DBS Point for every S$5 spent in Singapore Dollars, and 4 DBS Points for every S$5 spent in FCY.

1 DBS Point is worth 2 airline miles, so that’s an equivalent earn rate of 0.4 mpd for local spending, and 1.2 mpd for FCY spending. 

There’s a 3.25% FCY fee, so using your DBS Woman’s World Card for online foreign currency transactions represents buying miles at 0.81 cents each. 

Bonus Spending

This is where the DBS Woman’s World Card really shines, because cardholders will earn 10 DBS Points for every S$5 spent online, regardless of currency. That’s equivalent earn rate of 4 mpd, capped at S$2,000 per calendar month.  Any spend in excess of this cap earns 0.4 mpd. 

Some (non-exhaustive) examples of online transactions include:

  • shopping at sites like Amazon, eBay, Lazada, Qoo10, Shopee, Taobao
  • buying air tickets or booking hotels (provided the bill is paid online)
  • booking movie or attraction tickets
  • taking Grab or gojek rides
  • ordering food delivery
  • buying books
  • paying for entertainment subscriptions like Netflix and Spotify

It’s a very wide range, so you can see why this card is useful. Just think of how many online transactions you do in a typical week, and imagine earning 4 mpd on that instead of the usual 1.1-1.4 mpd with general spending cards. 

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For the avoidance of doubt, if a transaction is both online and in foreign currency, you’ll earn 4 mpd, and not 1.2 mpd. 

When are DBS Points credited? 

It’s important to know that DBS Points do not all credit immediately. Depending on the type of transaction you’re doing, some will be credited when the transaction posts, others will only post at the end of the next calendar month following the transaction. 

Offline Local Spend1 DBS Point on the next working day when transaction posts
Online Local Spend1 DBS Point on the next working day when transaction posts, 9 DBS Points by the end of the next calendar month following the transaction
Offline FCY Spend3 DBS Points on the next working day when transaction posts
Online FCY Spend3 DBS Points on the next working day when transaction posts, 7 DBS Points by the end of the next calendar month following the transaction

How are DBS points calculated?

Here’s how you can work out the DBS Points earned on the DBS Woman’s World Card:

Online Local Spend1X: Divide transaction by 5 and multiply by 1.0. Round down to nearest whole number
9X: Divide transaction by 5 and multiply by 9.0, round to 2 decimal places.
Online FCY Spend
3X: Divide transaction by 5 and multiply by 1.0, round down to nearest whole number, divide transaction by 5 and multiply by 2.0, round down to nearest whole number, add both
7X: Divide transaction by 5 and multiply by 7.0, round to 2 decimal places

If you’re an excel geek, here’s the formulas you need to calculate: 

Online Local Spend1X: =ROUNDDOWN ((X/5)*1,0)
9X: =ROUNDDOWN ((X/5)*9,2)
Online FCY Spend
3X: =ROUNDDOWN ((X/5)*1,0) + ROUNDDOWN ((X/5)*2,0)
7X: =ROUNDDOWN ((X/5)*7,2)
Where X= Amount Spent

For the full list of formulas that banks use to calculate credit card points, do refer to these articles:

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What transactions aren’t eligible for DBS Points?

The following transactions are ineligible for DBS Points, as per the general DBS rewards T&Cs. 

  • Bill payments and all transactions via AXS (except Pay+Earn), SAM, eNETS;
  • Payments to educational institutions;
  • Payment 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);
  • Payment to insurance companies (sales, underwriting, and premiums);
  • Payments to financial institutions (including banks and brokerages);
  • Payment to non-profit organisations;
  • Payments to hospitals;
  • Payments on utilities;
  • Betting (including lottery tickets, casino gaming chips, off-track betting, and wagers at race tracks) through any channel;
  • 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);
  • Instalment payment plan purchases, preferred payment plans, balance transfer, fund transfer, cash advances, annual fees, interest, late payment charges, all fees charged by DBS, miscellaneous charges imposed by DBS (unless otherwise stated in writing by DBS).

The T&Cs of the DBS Woman’s World Card state some further exclusions:

  • Bill payments and all transactions via AXS, SAM, eNETS;
  • Payments made to CardUp, iPaymy and SmoovPay;
  • Payments to educational institutions;
  • Payments to financial institutions (including but not limited to 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 (including but not limited to sales, underwriting, and premiums);
  • Payments to non-profit organisations;
  • Payments made via online banking;
  • Payments to professional service providers (including but not limited to accounting, auditing, bookkeeping services, advertising services, funeral service and legal services and attorneys, and Pay+Earn);
  • Payments made via telephone or mail order;
  • Payments to utility bill companies;
  • Any top-ups or payment of funds to payment service providers, prepaid cards, any repaid accounts or purchase of prepaid cards (including but not limited to EZ-Link, NETS FlashPay and Singtel Dash);
  • Any betting transactions (including but not limited to Levy Payments to Local Casinos, Lottery Tickets, Casino Gaming Chips, Off-track Betting and Wagers);
  • Any transactions related to crypto currencies;
  • Instalment payment plan purchases, preferred payment plans, balance transfer, fund transfer, cash advances, annual fees, interest, late payment charges, all fees charged by DBS, miscellaneous charges imposed by DBS (unless otherwise stated in writing by DBS); and
  • Any other transactions determined by DBS from time to time

To summarize, this is not the card to use for CardUp/ipaymy, education, government transactions, insurance, charitable donations, utilities, hospitals or GrabPay top-ups. Even if these are done online, you won’t earn any points. 

What do I need to know about DBS Points?

DBS Points earned on the DBS Woman’s World Card expire after 1 year. This is a relatively short expiry period, so you’ll want to monitor your points balance closely.

DBS Points earned on different cards pool together for the purposes of redemption. If I have a 12,000 points on the DBS Altitude and 8,000 points on the DBS Woman’s World Card, I’ll be able to redeem 20,000 points at one shot, paying a single conversion fee. 

However, DBS Points are not pooled when it comes to card cancellations. If I have a DBS Altitude and DBS Woman’s World Card and decide to cancel the latter, I’ll need to transfer my points out before cancelling or forfeit them. 

DBS partners with the following frequent flyer programs:

Frequent Flyer ProgramConversion Ratio
(DBS Points: Miles)
5,000: 10,000
5,000: 10,000
5,000: 10,000
500: 1,500

Transfers cost S$26.75 per program, regardless of how many points are transferred.

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For KrisFlyer miles specifically, DBS offers an alternative “auto conversion program”. This charges a flat fee of S$42.80 per membership year, and automatically converts DBS Points to KrisFlyer miles each calendar quarter in blocks of 500 points. However, this is only available to DBS Insignia, DBS Black Treasures Elite, and DBS Altitude cardholders. 

DBS tells customers to expect points to be credited in 1-2 weeks, but in reality it usually takes about 3-4 working days at the very most. 

dbs points to krispay miles transfer

If you need your points credited instantly, you can do so via KrisPay.

100 DBS Points can be transferred to 170 KrisPay miles, which can then be transferred to KrisFlyer miles at a 1:1 ratio. Transfers are immediate, but those 100 DBS Points would normally have earned you 200 KrisFlyer miles, so you effectively take a 15% haircut. 

Other card perks

There’s no lounge or airport limo benefits with the DBS Woman’s World Card, but by virtue of its World Mastercard tier, it’s eligible for certain generic Mastercard benefits. These include discounted airport limos, discounted airport lounge access, and even some fast track status offers

Otherwise, you’ll have access to the usual generic DBS benefits, which can be found here

Summary Review: DBS Woman’s World Card

dbs woman's world cardApply Here

Given the sheer number of online transactions done on a day-to-day basis, you absolutely need to have a dedicated online spending card. With an earn rate of 4 mpd, the DBS Woman’s World Card is one of the best options for this category. The monthly 4 mpd cap of S$2,000 is also higher than other cards which offer bonuses on online spending, like the Citi Rewards or UOB Preferred Platinum Visa. 

The main drawback is the 1 year points expiry, which knocks half a star off for me. This means you’ll have to commit to transferring your points at least once a year- hardly a dealbreaker, but annoying nonetheless. 

So that’s my review of the DBS Woman’s World Card. What do you think?

Ratings Guide
5 Stars
β˜…β˜…β˜…β˜…β˜…
An essential card for miles chasers, with few viable alternatives 
4 Stars
β˜…β˜…β˜…β˜…
A very good card, although other equally good alternatives may exist
3 Stars
β˜…β˜…β˜…
A decent card to round out your collection, but not absolutely essential
2 Stars
β˜…β˜…
Very limited use cases, and outperformed by most other cards
1 Star
β˜…
Paperweight. Use for picking teeth or ninja stars
Overall

Summary

Don't let the branding throw you off. The DBS Woman's World Card is an excellent option for online spending, and an easy way to generate up to 96,000 miles a year with just S$2,000 of monthly expenditure. It doesn't do much else, but do you need it to?
Aaron Wong
Aaron founded The Milelion with the intention of helping people travel better for less and impressing chiobu. He was 50% successful.

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Syok

Aaron I like you

D K

Expired points can be clawed back to redeem for gifts but not miles. I was told the miles conversion fee is for per transfer transaction. I was also told that there’s no longer an annual version of that fee.

D K

ok got it – annual fee is only for auto conversion and not applicable for WWMC
 

Last edited 27 days ago by D K
Ed Z

Ladies and gents, this is one of the must-have cards!

Sammy

Hi Aaron,
Will top up Shopee wallet considered as online transaction?

Ray

How do you deal with the 1 year expiry (on a quarterly basis)? Do you redeem on a yearly basis (to reduce the admin fee for the conversion) or on quarterly basis (to maximise the validity of the miles)?

Ray

I meant the quarter in which the miles would expire, but yearly is probably a good way to go about it.

dkdk

Goddamn it! Didn’t know that the income requirements can be 30k! I came across this site late and didn’t see the article about the lax income requirement! I didn’t apply this because I always thought I need to wait until my pay gets to 80k…

Smudger

I think the WWMC online spend suffers the SAME syndrome as CRMC due to the mastercard online tagging issues. Tried both Live Fresh and WWMC, qualifies online for live fresh (visa) but does not awarded 9X WWMC bonus for Favepay payment at F&B outlets. Fortunately, DBS can be more lax in considering appeals unlike Citi who can be stuck up on this sticky issue.

Guest

agreed! for instance, i had transactions for Guardian On and Foodpanda, CRV get 9x bonus but CRMC!!! what the…

CB of 2020

I wonder if the SC X card will take your coveted 1 star paperweight rating.

PSA

PSA:
 
Fave doesn’t track correctly, and they refused to reinstate points for my transactions.
 
Quite a few other types of transactions don’t track correctly, and the product team tries to impose a time limit of 3 months from transaction date (though this isn’t anywhere in the T&Cs and you get your bonus points only in the next cycle…).
 
They don’t have the legal right to do that since the 3 month deadline isn’t mentioned in the T&Cs, but it’s a pretty tiring fight.

Kyeo

Hi Aaron, i have been trying to find out what the best card to use for business class tickets purchase since I travel frequently for work on business on my own account. Thanks!

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