Well color me confused. About a week ago it was all ashes and sackcloth as DBS stealthily uploaded a new set of T&C to its website. You can find a summary of the changes here, but long story short it added a lot of exceptions for what types of transactions...
Update (9 Jun): Would like to draw your attention to the following comment by Christopher:Â
I called DBS earlier this afternoon to ask about the effective date of the above changes in the T & Cs. Twice. Here are the replies I received:
1. 1st CSO claimed that the T &...
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...
It took me about 30 minutes to think up the headline for this article. But I think it was totally worth it.
Anyway, it was a sad day for the miles earning game as EZ Link announced it would be discontinuing the EZ Link Imagine AMEX Prepaid card.
A nifty FAQ is...
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...
So, 3 nice surprises landed in my inbox this morning (well, technically 2, the CapitaCard one has been known for a while, but that sort of breaks the narrative flow so I'll ignore it) from DBS.
DBS is cutting back the benefits on 3 cards- the DBS CapitaCard, the DBS LiveFresh and...
There are only 3 days left to take advantage of the DBS Livefresh sign up promotion. Spend $500 within 30 days of card approval (if you already hold existing DBS cards you can go on ibanking and get instant approval) and get $80 back. I did this in November...
One of the little-known perks of credit cards is that if you charge your air tickets to them, you get complimentary travel insurance for the duration of your trip. It's my belief (and the belief of the wise men on HWZ) that you should not rely on this as a...