DBS offering new cardholders S$268 cashback on groceries and dining

Apply for a DBS/POSB credit card by 9 Feb 2021 and get S$268 cashback on groceries and dining for the first 30 days.

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). 

⚠️ 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 Fresh
Apply here
S$192.60
(First year free)
Up to 10% cashback on online and contactless 
DBS Altitude Visa
Apply here
Read Review
S$192.60
(First year free)
3 mpd on airline and hotel spend, 2 lounge passes

DBS Altitude AMEX
Apply here
Read Review
S$192.60
(First year free)
3 mpd on airline and hotel spend
DBS Woman’s Card
Apply here
S$160.50
(First year free)
2 mpd on online spending
DBS Woman’s World Card
Apply here
Read Review
S$192.60
(First year free)
4 mpd on online spending
POSB Everyday Card
Apply 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. 

dbs promo code box

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
🍴 Dining 5811, 5812, 5813, 5814 Restaurants, fast food, bars, food delivery services like Grab, Deliveroo, Food Panda
🛒 Groceries 5411, 5499 Cold Storage, Giant, NTUC, Sheng Siong, Cheers
👍 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.

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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