Extended: DBS Takashimaya AMEX offering S$80 for existing DBS cardholders

The DBS Takashimaya AMEX has the unique distinction of being the only DBS card to consistently extend a welcome offer even to existing DBS cardholders.

This could be extremely lucrative back in the day, though unfortunately, it’s become less compelling over time. The most recent promotion, which ended on 30 June 2025, offered a mere S$60 worth of Takashimaya vouchers— hardly Christmas!

If it’s any consolation, the latest deal marks an improvement, with S$80 cashback available to existing DBS/POSB cardmembers who spend at least S$300 within 30 days of approval. It’s better than nothing, since signing up for an additional card with other banks normally leaves you empty-handed.

This offer was originally scheduled to end on 31 August 2025, but has been extended for a further month.

DBS Takashimaya AMEX Card new welcome offer

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Existing DBS/POSB cardmembers who apply and receive approval for a DBS Takashimaya AMEX Card from 1 June to 30 September 2025 will receive S$80 cashback.

For the avoidance of doubt, this welcome offer is not available for the DBS Takashimaya Visa Card.

A minimum spend of S$300 within 30 days of approval is required at:

• Takashimaya Department Store (excluding Cold Storage, Food Village, selected food merchants at B2 Food Hall, alteration, shoe repair, dry-cleaning, delivery and any other services)
• Takashimaya Online Store
• Participating speciality stores at Takashimaya Shopping Centre

There is no cap on the maximum number of eligible applicants. The first year’s annual fee is waived, so it’s basically free money if you meet the eligibility criteria.

In addition to this, new DBS/POSB cardmembers will enjoy a further S$100 cashback, for a total of S$180 cashback. However, if you meet the new cardmember definition, this should not be the first DBS card you apply for. Instead, you should take advantage of a different DBS welcome offer, then apply for the DBS Takashimaya AMEX subsequently.

For example, the DBS Altitude Card is currently offering 28,000

Qualifying spend period

Cardholders will need to make a minimum qualifying spend of S$300 within 30 days from the date of approval.

For example, if your card is approved on 15 March 2025 the qualifying spend period is 15 March to 14 April 2025.

When will the gift be credited?

The welcome gift will be credited within three months from the end of the qualifying spend period.

Terms and conditions

The full T&Cs for the DBS Takashimaya AMEX card welcome offer can be found here.

Conclusion

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The DBS Takashimaya AMEX is now offering S$80 cashback to existing DBS/POSB cardmembers, an improvement over the previous offer of S$60 worth of Takashimaya vouchers.

However, those who meet the new DBS/POSB cardmember definition should be applying for another card first, since there are better offers to be found elsewhere. You can subsequently apply for a DBS Takashimaya AMEX as an existing customer and still enjoy some cashback.