The DBS Altitude Card has launched a new welcome bonus, which offers up to 25,000 miles (plus a further 10,000 miles for paying the first year’s S$196.20 annual fee) to cardholders who spend at least S$800 within 60 days of approval.
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| DBS Altitude Offers |
Compared to the previous offer which ended on 14 July 2024, this new offer cuts the minimum spend by 73%, with the bonus cut by a much lower 42-45%.
| Till 14 Jul 24 | From 15 Jul 24 | |
| Bonus | 36,400 miles (Visa) 43,400 miles (AMEX) |
20,000 miles (Visa) 25,000 miles (AMEX) |
| Min. Spend | S$3,000 in 60 days | S$800 in 60 days |
Therefore, this new offer has a better spend to miles ratio, allowing you to divert more spending to other sign-up bonuses or 4 mpd cards.
DBS Altitude Card welcome offers
The following welcome offers are only valid for new-to-bank customers, defined as those who do not:
- currently hold a principal DBS or POSB credit card, and
- have not cancelled a principal DBS or POSB credit card in the past 12 months
Customers must enter a certain promo code at the point of application (see below for details). Make sure to do this; no code, no bonus!
There’s nothing stopping you from signing up for both the DBS Altitude AMEX and DBS Altitude Visa cards. However, you will only enjoy the new-to-bank bonus on the first card that’s approved.
DBS Altitude AMEX
 DBS Altitude AMEX |
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| Apply |
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| Promo Code | ALTA35 | ALTAW25 |
| Bonus Miles | 25,000 miles | |
| Base Miles From S$800 Spend (1.3 mpd local, 2.2 mpd FCY) |
1,040 – 1,760 miles | |
| Miles From S$196.20 Annual Fee | 10,000 miles | Fee waived |
| Total Miles | 36,040 – 36,760 miles | 26,040 – 25,760 miles |
Customers who apply for a new DBS Altitude AMEX Card between 16 July to 30 September 2024 (with approval by 14 October 2024) and spend at least S$800 within 60 days of card approval will earn:
- 25,000 bonus miles
- 1,040 to 1,760 base miles, depending on the breakdown of the S$800 spend (1.3 mpd for SGD spend; 2.2 mpd for FCY spend)
If they pay the first year’s S$196.20 annual fee, they will earn an extra 10,000 miles.
Customers who wish to pay the annual fee should apply with the code ALTA35. Customers who want a fee waiver should apply with the code ALTAW25.
DBS Altitude Visa
 DBS Altitude Visa |
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| Apply |
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| Promo Code | ALTV30 | ALTVW20 |
| Bonus Miles | 20,000 miles | |
| Base Miles From S$800 Spend (1.3 mpd local, 2.2 mpd FCY) |
1,040 – 1,760 miles | |
| Miles From S$196.20 Annual Fee | 10,000 miles | Fee waived |
| Total Miles | 31,040 – 31,760 miles | 21,040 – 21,760 miles |
Customers who apply for a new DBS Altitude Visa Card between 16 July to 30 September 2024 (with approval by 14 October 2024) and spend at least S$800 within 60 days of card approval will earn:
- 20,000 bonus miles
- 1,040 to 1,760 base miles, depending on the breakdown of the S$800 spend (1.3 mpd for SGD spend; 2.2 mpd for FCY spend)
If they pay the first year’s S$196.20 annual fee, they will earn an extra 10,000 miles.
Customers who wish to pay the annual fee should apply with the code ALTV30. Customers who want a fee waiver should apply with the code ALTVW20.
What counts as qualifying spend?
Cardholders are required to spend at least S$800 within 60 days of approval.
Qualifying spend includes both local and foreign retail sales and posted recurring bill payments, excluding the transactions mentioned in point 7 of the T&Cs such as insurance premiums, education expenses, GrabPay/YouTrip top-ups, and charitable donations.
CardUp rental transactions which code under MCC 6513 (Real Estate Agents and Managers) will count towards qualifying spend. However, all other CardUp transactions will not count towards qualifying spend, though they will earn base miles.
If you plan to use CardUp to meet the qualifying spend, do make a point of reading the article below for greater clarity.
ipaymy transactions are explicitly excluded from counting towards qualifying spend.
For the avoidance of doubt, supplementary and principal cardholder spending will pool when calculating whether the minimum qualifying spend has been met.
When will the bonus miles be credited?
For cardmembers who have opted for the annual fee bonus, the annual fee of S$196.20 will be posted to the card account within 3-5 months of meeting the minimum qualifying spend, and the 10,000 miles credited at the same time.
The bonus 20,000 or 25,000 miles will be credited within 3-5 months from meeting the minimum qualifying spend.
Terms & Conditions
The T&Cs of this offer can be found here.
What can you do with DBS Points?
DBS Points earned on the DBS Altitude Card do not expire, and can be converted to any of the following frequent flyer programmes with a S$27.25 admin fee.
| Frequent Flyer Programme | Conversion Ratio (DBS Points: Miles) |
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5,000: 10,000 |
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5,000: 10,000 |
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5,000: 10,000 |
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500: 1,500 |
DBS also offers automatic conversions to KrisFlyer for a 12-month period with a S$43.60 annual fee.
In my opinion, it’s only worth transferring miles to KrisFlyer or Asia Miles. AirAsia BIG is more of a rebates program than a traditional frequent flyer scheme, and Qantas Frequent Flyer doesn’t have any real sweet spots for Singapore-based travellers (unless maybe you want to book a round-the-world trip, or domestic flights within Australia).
Overview: DBS Altitude Card
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| Apply (AMEX) | |||
| Apply (Visa) | |||
| Income Req. | S$30,000 p.a. | Points Validity | No Expiry |
| Annual Fee | S$196.20 (FYF Option) |
Min. Transfer |
5,000 DBS Points (10,000 miles) |
| FCY Fee | 3% (AMEX) 3.25% (Visa) |
Transfer Fee | S$27.25 |
| Local Earn | 1.3 mpd | Points Pool? | Yes |
| FCY Earn | 2.2 mpd | Lounge Access? | Yes (Visa) |
| Special Earn | N/A | Airport Limo? | No |
| Cardholder Terms and Conditions | |||
The DBS Altitude Card has an income requirement of S$30,000 and an annual fee of S$196.20, which can be waived in the first year (or paid to earn an extra 10,000 miles).
Cardholders earn:
- 1.3 mpd on SGD spend
- 2.2 mpd on foreign currency spend
Unfortunately, the 3 mpd for online flights and hotel bookings is no more, having been axed from 1 September 2023. Moreover, the 6 mpd with Expedia and 10 mpd with Kaligo lapsed earlier in 2024 and was not extended.
DBS Altitude Visa Cardholders enjoy a Priority Pass membership with two complimentary lounge visits.
For a full review of the DBS Altitude Card, refer to the article below.
Conclusion
DBS has launched a new set of welcome offers for the Altitude Card, with up to 25,000 bonus miles available to customers who apply by 30 September 2024 and spend S$800 within 60 days of approval. They can also opt to pay the S$196.20 annual fee for an extra 10,000 bonus miles.
Unfortunately, DBS no longer offers an Altitude welcome bonus for existing cardholders, so that group is out of luck.
