DBS extends online and contactless promo for September: Get 8% cash rebates (up to S$160)

Registered DBS cardholders can get an 8% rebate on their online and contactless spending, plus up to the usual 4 mpd.

Back in July, DBS launched its “Go Online, Go Contactless” promotion, which awarded up to S$160 in cash credits or e-vouchers each month for meeting a certain minimum spend. 

This campaign was supposed to end on 31 August 2020, but DBS has extended it a further month to 30 September 2020. They’ve also removed all the e-voucher “booby prizes”- for the month of September, all gifts will be given in the form of cash credits. 

DBS Go Online, Go Contactless

If you registered previously, there’s no need to register again- you’ll automatically be eligible for this month’s promotion as well. If you haven’t already registered, sorry- all 30,000 slots have already been fully subscribed. 

As a recap, registered participants will receive a personalised spend goal (check it on the DBS Lifestyle app).  This is based on how much they spent online on average from Feb to May 2020. 

Tier Spend Goal Reward
1 S$200 S$16 cash or e-voucher
2 S$400 S$32 cash or e-voucher
3 S$900 S$72 cash or e-voucher
4 S$2,000 S$160 cash or e-voucher

Cardholders then need to hit their spending goal in Qualifying Period 1, Qualifying Period 2, Qualifying Period 3, or any combination of the three. 

Upon meeting the target, they’ll get 8% of their spend goal back in the form of cash credits or e-vouchers. They can receive one reward for each qualifying period, and only need to register once

  Spend Period Redemption Period
Qualifying Period 1 1 -31 Jul 2020 1 Jul-31 Aug 2020
Qualifying Period 2 1-31 Aug 2020 1 Aug-30 Sep 2020
Qualifying Period 3 1-30 Sep 2020 1 Sep-31 Oct 2020

The spending target can be hit with online/in-app purchases or contactless spending at any merchant except the following: 

a) bill payments and all transactions made via AXS (except Pay+Earn), SAM and eNETS;
b) payments to educational institutions;
c) payments to financial institutions (including but not limited to banks, online trading platforms and brokerages);
d) 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);
e) payments to hospitals;
f) payments to insurance companies (including but not limited to sales, underwriting and premiums);
g) payments to non-profit organisations;
h) payments to utility bill or telecommunication companies;
i) 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);
j) any betting transactions (including but not limited to levy payments to local casinos, lottery tickets, casino gaming chips, off-track betting and wagers);
k) any transactions related to crypto currencies;
l) 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);
m) payments made to CardUp, iPaymy and SmoovPay;
n) payments to professional service providers (including but not limited to accounting, auditing, bookkeeping services, advertising services, funeral services, legal services and attorneys, and Pay+Earn);
o) pre-authorised transactions on the Card account (e.g. hotel bookings)
p) payments made via online banking;
q) payments made via telephone or mail order; and
r) any other transactions determined by DBS from time to time

“Contactless spending” includes transactions made with the physical card, as well as those made through mobile wallets like Apple/Samsung/Google Pay. What’s interesting is that the T&Cs explicitly state the transaction amount must be S$200 or less- I think this is a hangover from the old days when contactless transactions were capped at that amount. That hasn’t been the case for a long time though, so I find the inclusion of the term somewhat odd. If it really worries you, break up your transaction accordingly. 

Your spending will be combined across all your DBS/POSB credit cards, and supplementary cardholder spending will accrue to that of the principal cardholder. 

What gifts are available?

Here’s the full list of gifts and the quantity available for each Qualifying Period. 

Qualifying Period 1 Quantity
S$16 cash or e-voucher (KFC/ Comfort Taxi/ iShopChangi) 8,214
S$32 cash or e-voucher (Shopee/Comfort Taxi/ iShopChangi) 6,367
S$72 cash or e-voucher (Lazada/ Shopee/ iShopChangi) 6,017
S$160 cash or e-voucher (Lazada/ Shopee/ Zalora/ iShopChangi) 9,402
Qualifying Period 2 Quantity
S$16 cash or e-voucher (foodpanda/ Lazada/ Shopee/ KFC/ Comfort Taxi/ Zalora 8,214
S$32 cash or e-voucher (foodpanda/ Lazada/ Shopee/ Comfort Taxi/ Zalora 6,367
S$72 cash or e-voucher (Lazada/ Shopee/ Zalora/ iShopChangi) 6,017
S$160 cash or e-voucher (Lazada/ Shopee/ Zalora/ iShopChangi) 9,402
Qualifying Period 3 Quantity
S$16 cash 8,214
S$32 cash  6,367
S$72 cash  6,017
S$160 cash  9,402

As mentioned previously, DBS has scrapped all the e-vouchers for Qualifying Period 3. It’s plain vanilla cash, and plain vanilla never tasted so good. 

Cash gifts will be credited to the qualifying cardholder’s account by 60 days after the end of each Qualifying Period, and remember: you must redeem it on the DBS Lifestyle App. It does not automatically post to your account, and if you fail to claim your gift in time (by 31 October 2020), too bad. 

The full T&C can be found here, and the FAQs here.

What card should I be using to hit my spending goal?

For online spending, you’ll definitely want to use your DBS Woman’s World Card for 4 mpd, capped at the first S$2,000 each month.

For contactless spending, the DBS Altitude would earn the usual 1.2 mpd for local currency spending. You could do much better with the UOB Preferred Platinum Visa (4 mpd), however, so to minimize the opportunity cost, try to hit your spending goal via online spending. 

Conclusion

Most miles collectors will already be using their DBS Woman’s World Card for all online spending, so this simply adds an extra 8% rebate on top of the usual 4 mpd.

Do remember that there’s usually a time lag between transactions posting and the DBS Lifestyle App tracker updating, so don’t worry if your online/contactless transactions aren’t showing up straight away. 

Aaron Wong
Aaron founded The Milelion with the intention of helping people travel better for less and impressing chiobu. He was 50% successful.

Similar Articles

Comments

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

CREDIT CARD SIGN UP BONUSES

Advertisment

Featured Deals

Advertisment

Follow us

6,566FansLike
2,641FollowersFollow

RECENT COMMENTS

TAGS