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 FreshApply here | S$192.60 (First year free) | Up to 10% cashback on online and contactless |
 DBS Altitude VisaApply here Read Review | S$192.60 (First year free) | 3 mpd on airline and hotel spend, 2 lounge passes |
 DBS Altitude AMEXApply here Read Review | 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 Read Review | 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 |
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.
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.
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Conclusion
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.
