DBS has launched a new sign-up offer for DBS/POSB credit cards, which runs from now till 9 February 2021.
New-to-bank customers will receive S$268 cashback on dining and groceries when they apply with the promo code FLASHCNY, with no minimum spend required. This isn’t as generous as the previous S$300 cash offer we saw, but there’s no knowing if/when that will return (the usual gift hovers around S$200-250 cash).
| โ ๏ธ 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 |
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 |
You must enter the code FLASHCNY in the promo code box when applying. This is extremely important so don’t overlook this step– no code, no cashback.
Applications must be received by end of day on 9 February 2021, and approval given by 16 February 2021.
Successful applicants will receive up to S$268 cashback on any grocery/dining spend incurred within the first 30 days from card approval. For the purposes of this promotion, grocery and dining are defined as:
| MCC | Examples | |
| ๐ด Dining | 5811, 5812, 5813, 5814 | Restaurants, fast food, bars, food delivery services like Grab, Deliveroo, Food Panda |
| ๐ Groceries | 5411, 5499 | Cold Storage, Giant, NTUC, Sheng Siong, Cheers |
| ๐ Remember: if you’re curious about the MCC of any particular merchant, you can look it up using the Visa Supplier Locator |
The cashback gift will be credited to your card account balance within 120 days of the date of card approval. You can read the full T&C of this promotion here.
Conclusion
If you don’t already have a DBS/POSB credit card, this is a good opportunity to consider getting the DBS Woman’s World Card (men can get it too) and using it for the first S$2,000 of online spending every month. Alternatively, the DBS Altitude Visa/AMEX can serve as a good all-round general spending cards, with 3 mpd on online hotel and airfare bookings too.
Remember to submit your applications by end of day on 9 February 2021 to be eligible, and use the code FLASHCNY.
