DBS Altitude offering up to 4 mpd on online and offline shopping

From now till 31 August, DBS Altitude cardholders can earn up to 4 mpd on online and offline shopping- but it's too much complication for too little payoff.

In March this year, DBS launched an online spending promotion for DBS Altitude cardholders, which allowed them to earn up to 4 mpd on online spending from 3 March to 30 June 2020, subject to meeting a “personalised spend goal”.

DBS has extended now this offer till 31 August 2020, and added offline shopping as an eligible bonus category. The cap on registrations has also been increased from 10,000 to 12,000. 

Earn 4 mpd on online and offline shopping with the DBS Altitude Card

DBS Altitude cardholders will first need to register via DBS iBanking or the DBS Lifestyle App. They’ll then receive a personalised spend goal and reward for meeting it. Only transactions made from the date of registration will count, so be sure to register, even if preemptively.

My spend goal was S$1,500 per month, for which I’d earn up to 4 mpd on the first S$350 of online and shopping spend each month. 

I have no idea why the promotion period shown here ends on 20 August 2020. It should be 31 August 2020, based on my reading of the T&C

There will be variants of this offer floating around, but I find it hard to get excited about earning up to 4 mpd only on S$350 out of S$1,500 of spending. 


You’ll notice I’ve been saying “up to 4 mpd”. That’s because of how the promotion is structured. Cardholders actually earn double miles, and they’ll only earn 4 mpd if they spend in foreign currency. If you spend in local currency, you’re looking at a very anemic 2.4 mpd. 

 Local Currency Online or ShoppingFCY Online or Shopping
Base 1.2 mpd2.0 mpd
Bonus1.2 mpd2.0 mpd
Total2.4 mpd4.0 mpd

Bonus miles will be credited within 90 days from 31 August 2020. The full T&C can be found here, and FAQs can be found here.

💳 Separate offer for new cardholders

If you don’t already hold a principal DBS Altitude card, and haven’t cancelled one in the past 12 months, you’re eligible for a separate offer.

Your spending goal will be S$3,000, for which you’ll receive up to 4 mpd on the first S$600 of online and offline shopping spending. All the other details such as spending periods and exclusions are the same as for existing customers.

Until 10 July, DBS is offering S$220 cash upon approval for the DBS Altitude card. Apply through these links (Altitude AMEX | Altitude Visa) and use the code SHOP220

What kind of spending qualifies?

To avoid confusion, it’s helpful to think about two different spending amounts:

  • the spending goal (qualifying spend)
  • the reward spending (online spend and offline shopping spend).

For example, my spend goal is S$1,500, for which I’ll a reward of up to 4 mpd on S$350 of online spend and offline shopping spend. 

Spending Goal

Your spending goal can be met by any kind of retail spending, either online or offline, in local or foreign currency. The usual exclusions for cash advances, balance transfers, AXS payments, SAM bill payments and fees apply.


If you hit the spending goal, you’ll be entitled to earn a reward up to 4 mpd on online spending or offline shopping spending

Online spending excludes the following categories:

  • Online flight and hotel transactions made at merchants with main business activity
    classified as flights and/or hotels;
  • Bill payments and all transactions via AXS, SAM, NETs, eNETS;
  • 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, charities and donations;\
  • 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);
  • Payments made via telephone or mail order;
  • Payments to utility bill companies;
  • Any top-ups or payment of funds to prepaid cards, any prepaid accounts and merchants who are categorized as “payment service providers” and/or “online payment gateway”, (e.g: MoneySend, Skrill.com, Matchmove.com, SmoovPay, CardUp, iPaymy, GrabPay, Youtrip; payment service providers, EZ-Link, GrabPay, NETS FlashPay and Singtel Dash;
  • Payments made to CardUp, iPaymy, and SmoovPay;
  • 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;
  • Instalment payment plan purchases, preferred payment plans, balance transfer, fund transfer, cash withdrawal, cash advances, annual fees, interest, late payment charges, bill payments via internet banking and 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

The particular exclusions to take note of are online flight and hotel transactions, as well as payments to CardUp, ipaymy and GrabPay.


Offline shopping is limited to transactions made at merchants with the following MCCs:

5311Department Stores
5611Men’s and Boy’s Clothing and Accessories
5621Women’s Ready to Wear
5631Women’s Accessory and Specialty
5641Children’s and Infant’s Wear
5651Family Clothing
5655Sports and Riding Apparel
5691Men’s and Women’s Clothing
5699Misc. Apparel and Accessory
5948Luggage and Leather Goods Stores

Is this promotion worth it?


I don’t think you should have to jump through so many hoops to earn 4 mpd on online spending and shopping, when there’s an abundance of alternatives out there:

 Online SpendingRemarks
DBS Woman’s World Card 4 mpdCapped at S$2K per month
Citi Rewards Visa4 mpdExcludes travel. Capped at S$1K per statement period
OCBC Titanium Rewards4 mpdFor online shopping. Capped at S$12K per membership year
UOB Pref. Plat Visa4 mpd For online shopping and entertainment. Capped at S$1,110 per month

Any of the cards above would give you 4 mpd from the first S$1, with more generous caps and fewer exclusions.

You also need to take into account the opportunity cost of using the DBS Altitude to hit the spending goal. If you hold the UOB PRVI Miles Card, for example, you’re losing out on 0.2/0.4 mpd for every S$1 spent on local/FCY transactions. 


By all means register if you’re curious to see what your targeted spending goal is, but I just can’t see any scenario in which this would be worth switching away from your existing online spending card.

The biggest problem here is that you’ll have to spend in foreign currency to trigger the 4 mpd, and even then you’ll only earn it on a very limited portion of your spending. It’s simply too much complication for too little payoff. 

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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