DBS has announced 2 promotions for its DBS Altitude Visa card, one for new sign ups and one for existing cardholders.
Let's break this into 2 parts
New Sign Up Bonus
In a classic story of "why you should wait before you apply for credit cards", DBS has enhanced its sign up...
DBS has launched a new promotion with Expedia that offers Altitude cardholders the chance to earn 8 miles per $1 on online hotel and flight transactions till 30 August 2016.
Remember that under the baseline T&C of the DBS Altitude card, you earn 3 miles per S$1 on online hotel...
This shouldn't raise any undue alarm bells but I thought you should know that from 1 June 2016 DBS has revised the earning rate on the DBS Altitude card.
The new earn rates are as follows
Online flight and hotel transactions
Overseas Spend (foreign currency)
Local Spend
3 miles
(Capped at S$5,000 per month)
2 miles
1.2...
The MAS stipulates that the minimum annual income required to grant someone unsecured credit facilities is S$30,000. Any requirement in excess of that is bank-imposed and purely arbitrary.
How do banks decide what the minimum income required for a particular credit card should be? Marketing. Pure marketing. Cards with a...
DBS has gone all in on its Altitude cards lately, coming up with some really generous sign up promotions.
A new promotion (until 30 April) offers 8 miles per $1 on purchases at Expedia (min $2,500 in a single transaction, otherwise 6 miles).I don't really use OTAs to book hotels...
Although it's nowhere as good as the old spend $800 get 12,000 miles offer, this revised sign up promotion for the DBS Altitude Visa sure beats the previous iteration (which only gave 5,000 miles with $800 spending and required you to be among the first 500 applicants each month (I'd...