Back again: S$300 Agoda staycation voucher when approved for a DBS/POSB credit card

New-to-bank DBS/POSB cardholders can get a S$300 Agoda voucher by spending S$200 within 30 days of approval, but don't forget the alternative cashback offer.

From 25 September to 10 October 2020, new-to-bank customers who sign up for a DBS/POSB credit card will receive a S$300 Agoda voucher when they apply with the code FLASHAGODA and spend at least S$200 within 30 days of approval. 

⚠️ 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

This is the second time DBS has run such a deal, after the previous one in August

Which DBS cards are eligible?

The following credit cards are eligible for this promotion. 

Card Annual Fee Key Features
DBS Live Fresh
Apply here
(First year free)
Up to 10% cashback on online and contactless 
DBS Altitude Visa
Apply here
Read Review
(First year free)
3 mpd on airline and hotel spend, 2 lounge passes

DBS Altitude AMEX
Apply here
Read Review
(First year free)
3 mpd on airline and hotel spend
DBS Woman’s Card
Apply here
(First year free)
2 mpd on online spending
DBS Woman’s World Card
Apply here
Read Review
(First year free)
4 mpd on online spending
POSB Everyday Card
Apply here
(First year free)
Up to 15% rebates on groceries, online food delivery and more

Note: the links above will send you to the landing page for the S$250 cashback offer (promo code: DBSFLASH), but you can always enter the promo code: FLASHAGODA instead when applying to enjoy the S$300 Agoda voucher.

It’s of course debatable whether S$250 cashback with just one qualifying transaction is better than a S$300 Agoda voucher that requires S$200 of spending. The decision is yours; just be aware of the options. 

dbs promo code box

Applications must be received by end of day on 10 October 2020, and approval given by 17 October 2020. Successful applicants will need to spend at least S$200 on the card within 30 days of approval. 

Qualifying spend does not include the following: 

a. posted 0% Interest Instalment Payment Plan monthly transactions;
b. posted My Preferred Payment Plan monthly transactions;
c. interest, finance charges, cash withdrawal, balance transfer, smart cash, AXS payments, SAM online bill payments, bill payments via internet banking and all fees charged by DBS;
d. payments to educational institutions;
e. payments to financial institutions (including banks, online trading platforms and brokerages);
f. 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);
g. payments to hospitals;
h. payments to insurance companies (sales, underwriting and premiums);
i. payments to non-profit organisations;
j. payments to utility bill companies;
k. payments to professional service providers (including but not limited to accounting, auditing, bookkeeping services, advertising services, funeral service and legal services and attorneys);
l. any top-ups or payment of funds to payment service providers, prepaid accounts and any prepaid accounts (e.g. EZ-Link, NETS FlashPay, Singtel Dash);
m. any betting transactions (including levy payments to local casinos, lottery tickets, casino gaming chips, off-track betting and wagers);
n. any transactions related to crypto currencies; and
o. any other transactions determined by DBS from time to time

The S$300 Agoda voucher will be awarded via a code issued on the DBS LifeStyle App within 30 days of when the minimum spend is achieved. 

You can use the voucher for local and overseas hotels, but realistically speaking, it’ll probably be for a staycation. 

Note that although this second Agoda promotion is coming more than a month after the first, the usage deadline has not been extended (by 31 December 2020). However, you should still have plenty of time to do your stay (by 31 December 2020)- remember to redeem it via this special booking page.

The full T&C of this promotion can be found here, and the T&C of the Agoda voucher can be found below.

  • Payment must be made with a DBS Card.
  • Booking must be done made the designated landing page at
  • Enter the Agoda e-voucher code at promotional code box at the booking page to enjoy a value discount on your hotel booking.
  • The Agoda e-voucher code is valid for one-time use and will be deemed fully used once booking has been made.
  • There is strictly no extension of validity of this promotion code.
  • Agoda e-vouchers are applicable to prepaid bookings only for hotel room types and properties with the “promo eligible” tag
  • Agoda e-vouchers are applicable to hotel room’s charges only (excluding local taxes, service fees and additional charges).
  • Change of stay date is not permitted. In the event of cancellation, the promotion code has no cash or refund value.
  • The Agoda e-vouchers are not transferrable and non-cumulative and not for usage via Agoda app.
  • Agoda e-vouchers cannot be exchanged for cash or other products, and cannot be used in conjunction with other discounts, promotions, discounted items and fixed priced items, unless otherwise stated.
  • Agoda e-vouchers are bound by the terms and conditions of Agoda. In case of dispute, the decision of Agoda and DBS shall be final. Agoda and DBS reserves the right to change the terms and conditions at any point of time.


If you don’t already have a DBS/POSB credit card, this is a chance to pick up a nice gift when applying.

I personally think I’d rather go for the S$250 cashback, though, given that you won’t be able to book the hotels’ best staycation offers via Agoda. 

Aaron Wong
Aaron Wong
Aaron founded The Milelion to help people travel better for less and impress chiobu. He was 50% successful.

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