Best DBS & POSB Credit Cards 2020

We've handpicked the best rewards cards from DBS and POSB. Each card has distinct strengths and weaknesses that make them ideal for different people. Read our reviews below to find out which one might be more suitable for you.

Compare Best DBS & POSB Credit Cards by Dollar Value

Based on an average monthly spend of S$2,000, we analysed the best DBS & POSB credit cards on the market to estimate returned value-to-consumer after 2 years, accounting for rebates and netting out annual fees. As a note, dollar value is heavily dependent on spending habits; intangible benefits (like free travel insurance and airport lounge access) are valuable but difficult to quantify.

A graph displaying how best DBS & POSB credit cards compare to one another in terms of their rewards
Best DBS & POSB Credit Cards in Singapore by Estimated 2-Year Dollar Value
DBS Altitude Visa:
  • Fee-waiver & perks like lounge access
POSB Everyday:
  • Top promotional rates on daily essentials
DBS Live Fresh:
  • 5% rebate for online & contactless spend
DBS Woman's World:
  • 4 miles per S$1 for online shopping
DBS Live Fresh Student:
  • S$500 credit limit & no min. spend req.
DBS Insignia Visa Infinite:
  • Metal card with Hyatt perks (invite only)
DBS Esso Platinum:
  • Up to 21.2% fuel savings at Esso

Compare Best DBS & POSB Credit Cards by Dollar Value

Based on an average monthly spend of S$2,000, we analysed the best credit cards on the market to estimate returned value-to-consumer after 2 years, accounting for rebates and netting out annual fees. As a note, dollar value is heavily dependent on spending habits; intangible benefits (like free travel insurance and airport lounge access) are valuable but difficult to quantify.

A graph displaying how best DBS & POSB credit cards compare to one another in terms of their rewards
Best DBS & POSB Credit Cards in Singapore by Estimated 2-Year Dollar Value

DBS Altitude Visa: Affordable Miles & Luxury Perks

  • Free lounge access & golf privileges, waivable fee
  • Promotions: Apply online & receive up to 38,000 welcome miles
  • Earn up to 4mi/S$1 spend on commute, 2.4mi at Esso
  • Up to 10 miles per S$1 spend with Kaligo, 6 miles with Expedia
  • Read Our Full Review
  • Annual fee: S$192.6, 1-year waiver, subsequently with S$25,000 annual spend
  • 1.2 miles per S$1 locally, 2 miles overseas, 3 miles for online travel bookings
  • Free travel insurance, 2x lounge visits, golfing & dining privileges
  • DBS My Preferred Payment Plan (0% interest instalments)
If you want to earn at top rewards rates and enjoy luxury travel perks–but aren’t willing to pay a massive annual fee–DBS Altitude Visa Card may be the card for you. Cardholders earn 1.2 miles per S$1 local spend, 2 miles overseas, and 3 miles for online travel bookings. These rates are fairly respectable, but what really stands out are the card’s special perks. Cardholders receive 2 free lounge visits/year, dining privileges via Visa Foodie Trail, golfing privileges throughout SE Asia, and free travel insurance.


Most travel cards with this many perks charge high annual fees. DBS Altitude Card, however, has a moderate S$192.6 fee which can be waived with just S$25k annual spend. Ultimately, if you’re spending about S$2,100/month and want to enjoy luxury perks when you travel, consider DBS Altitude Card.

  • Stand-Out: Free lounge access & golf privileges, waivable fee
  • Promotions: Apply online & receive up to 38,000 welcome miles
  • Earn up to 4mi/S$1 spend on commute, 2.4mi at Esso
  • Up to 10 miles per S$1 spend with Kaligo, 6 miles with Expedia
  • Read Our Full Review
  • Annual fee: S$192.6, 1-year waiver, subsequently with S$25,000 annual spend
  • 1.2 miles per S$1 locally, 2 miles overseas, 3 miles for online travel bookings
  • Free travel insurance, 2x lounge visits, golfing & dining privileges
  • DBS My Preferred Payment Plan (0% interest instalments)
If you want to earn at top rewards rates and enjoy luxury travel perks–but aren’t willing to pay a massive annual fee–DBS Altitude Visa Card may be the card for you. Cardholders earn 1.2 miles per S$1 local spend, 2 miles overseas, and 3 miles for online travel bookings. These rates are fairly respectable, but what really stands out are the card’s special perks. Cardholders receive 2 free lounge visits/year, dining privileges via Visa Foodie Trail, golfing privileges throughout SE Asia, and free travel insurance.


Most travel cards with this many perks charge high annual fees. DBS Altitude Card, however, has a moderate S$192.6 fee which can be waived with just S$25k annual spend. Ultimately, if you’re spending about S$2,100/month and want to enjoy luxury perks when you travel, consider DBS Altitude Card.

POSB Everyday Card: Rebates on Essentials + SimplyGo

  • Promotional rebates of up to 15% in key spend categories
  • Promotions: Receive S$120 cashback w/ S$800 spend in 2mo
  • Read Our Full Review
  • Annual fee: S$192.6, 1-year waiver
  • 15% rebate on online food delivery, 5% dining, 5% groceries at Sheng Siong
  • 15% rebate with select merchants for parking & public transit
  • 5% rebate on select taxis & ride-hailing services
  • 3% rebate on personal care at Watsons
  • 1% rebate on recurring bills with select merchants (capped at S$1/month)
  • SimplyGo/ABT capabilities for public transit fares
POSB Everyday Card is an exceptional rebate card for daily essentials. Cardholders earn rewards on everyday purchases, with promotional rates reaching up to 15% cashback on dining, transport, groceries, wellness, and recurring bills. Other perks include all-in-one functionality (credit card, ATM and SimplyGo/ABT capabilities) and up to 20.1% fuel savings with SPC. While there's a S$192.6 fee, it's waived the 1st year, making it even easier to start earning worry-free with POSB Everyday Card.
  • Stand-Out: Promotional rebates of up to 15% in key spend categories
  • Promotions: Receive S$120 cashback w/ S$800 spend in 2mo
  • Read Our Full Review
  • Annual fee: S$192.6, 1-year waiver
  • 15% rebate on online food delivery, 5% dining, 5% groceries at Sheng Siong
  • 15% rebate with select merchants for parking & public transit
  • 5% rebate on select taxis & ride-hailing services
  • 3% rebate on personal care at Watsons
  • 1% rebate on recurring bills with select merchants (capped at S$1/month)
  • SimplyGo/ABT capabilities for public transit fares
POSB Everyday Card is an exceptional rebate card for daily essentials. Cardholders earn rewards on everyday purchases, with promotional rates reaching up to 15% cashback on dining, transport, groceries, wellness, and recurring bills. Other perks include all-in-one functionality (credit card, ATM and SimplyGo/ABT capabilities) and up to 20.1% fuel savings with SPC. While there's a S$192.6 fee, it's waived the 1st year, making it even easier to start earning worry-free with POSB Everyday Card.

DBS Live Fresh: Cashback for Contactless & Online Spend

  • Up to 5% rebates on online & contactless spend
  • Promotions: Earn S$100 cashback w/ S$600 spend in 1st mo
  • Earn an extra +5% cashback on transport spend for 3mo with a min. spend of S$600/mo
  • Read Our Full Review
  • Annual fee: S$128.4, 1-year waiver
  • 5% rebate on online spend & contactless purchases
  • All-in-one card with SimplyGo functionality
DBS Live Fresh Card is a great option for tech-friendly moderate spenders who prioritise convenience. Cardholders earn 5% cashback for online, contactless & mobile payments after a S$600 minimum spend. Essentially, this allows cardholders to earn on almost every purchase, with any merchant, anywhere. It’s worth pointing out, however, that earnings are capped at a rather low S$60/month, which can be quickly maxed out with S$1,200 monthly spend. Finally, DBS Live Fresh Card is also SimplyGo-enabled, making it the epitome of convenience.
  • Stand-Out: Up to 5% rebates on online & contactless spend
  • Promotions: Earn S$100 cashback w/ S$600 spend in 1st mo
  • Earn an extra +5% cashback on transport spend for 3mo with a min. spend of S$600/mo
  • Read Our Full Review
  • Annual fee: S$128.4, 1-year waiver
  • 5% rebate on online spend & contactless purchases
  • All-in-one card with SimplyGo
DBS Live Fresh Card is a great option for tech-friendly moderate spenders who prioritise convenience. Cardholders earn 5% cashback for online, contactless & mobile payments after a S$600 minimum spend. Essentially, this allows cardholders to earn on almost every purchase, with any merchant, anywhere. It’s worth pointing out, however, that earnings are capped at a rather low S$60/month, which can be quickly maxed out with S$1,200 monthly spend. Finally, DBS Live Fresh Card is also SimplyGo-enabled, making it the epitome of convenience.

DBS Woman's World: Miles for Online Shopping

  • Up to 4 miles/S$1 spend on online shopping
  • Promotions: Receive S$120 rebate w/ online application & S$800 spend in 1st 60 days
  • Read Our Full Review
  • Annual fee: S$192.6, 1-year waiver, subsequently with S$25,000 annual spend
  • 4 miles per S$1 spend on online shopping
  • DBS My Preferred Payment Plan (0% interest instalments)
  • Hertz Gold Plus Rewards membership & access to Quayside
DBS Woman’s World Card is great for frequent online shoppers who often make big purchases and pay them back over time. Cardholders earn 4 miles per S$1 spend on online shopping, up to 8,000 miles/month (equal in value to about S$80). Other spend earns 0.4 miles per S$1 locally and 1.2 miles overseas, which is admittedly a bit low. Nonetheless, shoppers can still benefit from the DBS My Preferred Payment Plan, which splits transactions of S$100+ into interest-free instalments across up to 12 months. While split payments don’t earn rewards, there isn’t a processing fee (most plans charge up to 5%).


Finally, DBS Woman’s World Card stands out for offering a fee-waiver. Cardholders are exempt from the S$192.6 fee with S$25,000 annual spend (about S$2,100/month). If you do most of your shopping online and would benefit from an instalment plan, DBS Woman’s World Card may be worth considering.

  • Stand-Out: Up to 4 miles/S$1 spend on online shopping
  • Promotions: Receive S$120 rebate w/ online application & S$800 spend in 1st 60 days
  • Read Our Full Review
  • Annual fee: S$192.6, 1-year waiver, subsequently with S$25,000 annual spend
  • 4 miles per S$1 spend on online shopping
  • DBS My Preferred Payment Plan (0% interest instalments)
  • Hertz Gold Plus Rewards membership & access to Quayside
DBS Woman’s World Card is great for frequent online shoppers who often make big purchases and pay them back over time. Cardholders earn 4 miles per S$1 spend on online shopping, up to 8,000 miles/month (equal in value to about S$80). Other spend earns 0.4 miles per S$1 locally and 1.2 miles overseas, which is admittedly a bit low. Nonetheless, shoppers can still benefit from the DBS My Preferred Payment Plan, which splits transactions of S$100+ into interest-free instalments across up to 12 months. While split payments don’t earn rewards, there isn’t a processing fee (most plans charge up to 5%).


Finally, DBS Woman’s World Card stands out for offering a fee-waiver. Cardholders are exempt from the S$192.6 fee with S$25,000 annual spend (about S$2,100/month). If you do most of your shopping online and would benefit from an instalment plan, DBS Woman’s World Card may be worth considering.

DBS Live Fresh Student Card: Online & Contactless Rebates for Young Adults

DBS Live Fresh Student Card
DBS Live Fresh Student Card
  • S$500 credit limit and no minimum spend requirement
  • Promotions: S$10 off foodpanda order when you spend S$150 within 30 days of getting the card
  • Read Our Full Review
  • Annual fee: S$128.4, 5-year waiver
  • 0.3% rebate on all spend, up to S$20/month
  • No minimum spend requirement
  • S$500 credit limit
Students who want a credit card that provides more than rebates may be interested in DBS Live Fresh Student Card. Cardholders earn 0.3% cashback on all spend, up to S$20/month–a rate which is a bit higher than some alternatives. However, the card stands out because it’s also SimplyGo functional and comes with great promotions tailored to young adults. While there’s a S$128.4 fee, it’s waived 5 years. At this point, most students will have transitioned to a mainstream card, or upgraded their account to the mature DBS Live Fresh Card.
DBS Live Fresh Student Card
DBS Live Fresh Student Card
  • Stand-Out: S$500 credit limit and no minimum spend requirement
  • Promotions: S$10 off foodpanda order when you spend S$150 within 30 days of getting the card
  • Read Our Full Review
  • Annual fee: S$128.4, 5-year waiver
  • 0.3% rebate on all spend, up to S$20/month
  • No minimum spend requirement
  • S$500 credit limit
Students who want a credit card that provides more than rebates may be interested in DBS Live Fresh Student Card. Cardholders earn 0.3% cashback on all spend, up to S$20/month–a rate which is a bit higher than some alternatives. However, the card stands out because it’s also SimplyGo functional and comes with great promotions tailored to young adults. While there’s a S$128.4 fee, it’s waived 5 years. At this point, most students will have transitioned to a mainstream card, or upgraded their account to the mature DBS Live Fresh Card.

DBS Insignia Visa Infinite Card: Metal Card with Hyatt Perks, Invite-Only

DBS Insignia Visa Infinite Card
DBS Insignia Visa Infinite Card
  • Free 2N hotel stay, Club Hyatt Membership & exclusive privileges
  • Annual fee: S$3,210
  • By invitation only (S$500,000 min. income requirement)
  • 1.6 miles per S$1 locally, 2 miles overseas
  • Complimentary lounge access, expedited immigration clearance
  • Free 2N hotel stay at select hotels
  • Club Hyatt Membership w/ Damai Spa access & dining privileges
Amongst Singapore's "by invite only" metal credit cards, DBS Insignia Visa Infinite Card stands out for luxury privileges with Hyatt Hotels. Amongst many other perks, such as free lounge access and expedited immigration service, cardholders also receive a Club Hyatt membership (worth S$298), free access to amenities at Hyatt's top-tier Damai Spa, and discounted dining at restaurants in Grand Hyatt Singapore. Global travellers also enjoy a free 2 night stay at luxury hotels worldwide. In the meantime, consumers earn 1.6 miles per S$1 for all local spend, 2 miles overseas, and 100,000 bonus welcome miles (worth an incredible S$1,000). As mentioned, DBS Insignia Visa Infinite Card is not especially accessible, however. Consumers cannot simply apply–they must first be invited, and typically only individuals earning S$500k+ per year are eligible.
DBS Insignia Visa Infinite Card
DBS Insignia Visa Infinite Card
  • Stand-Out: Free 2N hotel stay, Club Hyatt Membership & exclusive privileges
  • Annual fee: S$3,210
  • By invitation only (S$500,000 min. income requirement)
  • 1.6 miles per S$1 locally, 2 miles overseas
  • Complimentary lounge access, expedited immigration clearance
  • Free 2N hotel stay at select hotels
  • Club Hyatt Membership w/ Damai Spa access & dining privileges
Amongst Singapore's "by invite only" metal credit cards, DBS Insignia Visa Infinite Card stands out for luxury privileges with Hyatt Hotels. Amongst many other perks, such as free lounge access and expedited immigration service, cardholders also receive a Club Hyatt membership (worth S$298), free access to amenities at Hyatt's top-tier Damai Spa, and discounted dining at restaurants in Grand Hyatt Singapore. Global travellers also enjoy a free 2 night stay at luxury hotels worldwide. In the meantime, consumers earn 1.6 miles per S$1 for all local spend, 2 miles overseas, and 100,000 bonus welcome miles (worth an incredible S$1,000). As mentioned, DBS Insignia Visa Infinite Card is not especially accessible, however. Consumers cannot simply apply–they must first be invited, and typically only individuals earning S$500k+ per year are eligible.

DBS Esso Platinum Card: Top Petrol Savings for Esso Loyalist

DBS Esso Platinum Card
DBS Esso Platinum Card
  • Top discounts & savings on Synergy fuel
  • Promotions: Up to S$120 fuel savings with min. S$200 nett fuel spend at Esso per month, for 3 months
  • Read Our Full Review
  • Up to 21.2% fuel savings at Esso
  • Annual fee: S$85.6, 1-year waiver
  • Up to 21.1% fuel savings at Esso (+2.2% with purchase of 250 litres Synergy fuel)
  • Auto-enrolment into Esso Smiles Driver Rewards Programme
  • 0% interest, no-fee instalment plan for motor insurance & road tax
If you almost always purchase petrol at Esso, you may want to consider DBS Esso Card. Cardholders can earn up to 21.1% fuel savings at Esso, with an additional 2.2% savings with the purchase of 250 litres of Synergy fuel. In addition, spend on Synergy fuel earns points, which can be redeemed for further Synergy Fuel vouchers. For example, 1 litre earns 1 point, and 300 points earn a S$10 fuel voucher. Cardholders also have access to a 0% interest instalment plan for motor insurance and road tax. Overall, if you’re an Esso loyalist, you can easily boost your savings with DBS Esso Card.
DBS Esso Platinum Card
DBS Esso Platinum Card
  • Stand-Out: Top discounts & savings on Synergy fuel
  • Up to 21.2% fuel savings at Esso
  • Promotions: Up to S$120 fuel savings with min. S$200 nett fuel spend at Esso per month, for 3 months
  • Read Our Full Review
  • Annual fee: S$85.6, 1-year waiver
  • Up to 21.1% fuel savings at Esso (+2.2% with purchase of 250 litres Synergy fuel)
  • Auto-enrolment into Esso Smiles Driver Rewards Programme
  • 0% interest, no-fee instalment plan for motor insurance & road tax
If you almost always purchase petrol at Esso, you may want to consider DBS Esso Card. Cardholders can earn up to 21.1% fuel savings at Esso, with an additional 2.2% savings with the purchase of 250 litres of Synergy fuel. In addition, spend on Synergy fuel earns points, which can be redeemed for further Synergy Fuel vouchers. For example, 1 litre earns 1 point, and 300 points earn a S$10 fuel voucher. Cardholders also have access to a 0% interest instalment plan for motor insurance and road tax. Overall, if you’re an Esso loyalist, you can easily boost your savings with DBS Esso Card.

Learn More About Maximising Your Rewards with DBS & POSB


While both cashback and miles credit cards offer great ways to earn rewards, they're often structured in different ways and are suited to different spending habits:

Miles Credit Cards: Miles credit cards differ from cashback credit cards in a few ways. To begin with, cardholders typically earn a flat miles rewards rate for local spend and another flat rate for overseas spend (though in some cases, spend with specific travel agencies will earn at a boosted rate). This makes it fairly easy to earn continuously without stressing over individual spend categories. Even better, there are rarely minimum spend requirements so cardholders can begin earning immediately. Miles cards also often come with perks that make travel far more comfortable and convenient, such as lounge access, limo transfers, free travel insurance, golfing privileges & more. Perhaps as a result, travel cards tend to be a bit more expensive than rebate cards and are less likely to have fee waivers (DBS Altitude Visa is a great exception). Redeeming rewards is also a bit more complicated. It may seem odd, but consumers actually typically earn points from their spend, which must then be converted to miles (often at a price). Nonetheless, miles credit cards are a great fit for frequent travellers seeking specific perks.

Cashback Credit Cards: Cashback or rebate credit cards are somewhat more straightforward than miles credit cards. Consumers earn a credit equal to a set percentage of their purchase amount, and then this credit is (often automatically) applied to their monthly statement to offset the bill. There is no need for conversions or points redemptions. Nonetheless, cashback cards tend to have more diverse rewards structures than miles cards. While there are several flat rate cards (cards where one cashback rate applies to all spend categories), many vary rewards rates by spend category. For example, a rebate card might offer 5% cashback on dining, 3% on online purchases, and 0.4% on general retail spend. Those who are familiar with their daily spending habits can easily maximise their earnings by choosing a card that rewards the categories they spend most on.

DBS Altitude Visa Card v. Citi PremierMiles Visa Card
  • Annual Fee: S$192.6
  • Stand-Out: Earn 2mi/S$1 overseas, 2 free lounge visits/yr
  • Promotion: Earn 1.5 miles per S$1 local spend w/ min. S$3k monthly spend
  • Read Our Full Review
If you’re seeking an affordable travel card, consider Citi PremierMiles Visa Card. Cardholders earn 1.2 miles per S$1 locally and 2 miles overseas, and receive 10,000 annual bonus miles with each card renewal (worth S$210). Cardholders even receive free travel insurance and 2 free lounge visits/year. There is a S$192.6 fee, but it’s waived 2 years.


DBS Altitude Card, on the other hand, offers similar rates but with a few extra perks (golfing privileges, for example). The card also comes with a fee-waiver, though a relatively high spend threshold of S$25,000 is required. DBS Altitude Card does not, however, offer bonus miles. Ultimately, if you prefer maxmising miles to perks, you may be more interested in Citi PMV Card; if you spend S$2,100/month and prioritise perks, you may prefer DBS Altitude Card.

POSB Everyday Card v. OCBC 365 Card
  • Annual Fee: S$192.6 (waived w/ S$10k annual spend)
  • Stand-Out: Up to 6% rebate on dining, groceries, transport & more
  • Promotion: Earn S$50 rebate w/ card approval
  • Read Our Full Review
OCBC 365 Card is the best no-fee rebate card for daily essentials on the market. Cardholders earn 6% cashback on dining and 3% on groceries, transport, online travel & recurring bills. There’s a S$800 minimum spend requirement, and cardholders can earn up to S$80/month. Finally, the S$192.6 fee is waived with just S$10,000 annual spend.


POSB Everyday Card is another great option for everyday cashback. Unlike OCBC 365 Card, however, many of its categories are merchant-restricted. While there’s no fee-waiver, the card is SimplyGo compatible. If you want to avoid a fee and dislike vendor limitations, you may prefer OCBC 365 Card; if you prioritise convenience and don’t mind shopping with select merchants to better maximise rewards, POSB Everyday Card is for you.

DBS Woman's World Card v. Citi Rewards Card
  • Annual Fee: S$192.6
  • Stand-Out: Up to 4mi/S$1 spend on fashion retail & online
  • Promotion: Receive 30,000 bonus points (12,000 miles) w/ S$3k spend in 1st 3mo
  • Read Our Full Review
Citi Rewards Card is one of the best miles-earning cards for modern shoppers. Cardholders earn 4 miles per S$1 spend on all online transactions (including food & grocery delivery and ride-hailing services) as well as on clothing, bags, shoes and other fashion items. Cardholders can earn up to 4,000 miles/month, and all kinds of transactions are rewarded–online, offline, local & overseas. It’s worth mentioning that there’s a S$192.6 fee, but it’s waived the 1st year.


DBS Woman’s World Card also offers 4 miles per S$1, but only for online fashion spend. While it’s less flexible than Citi Rewards Card, it has a higher earnings cap (8,000 miles/month) and even offers a fee waiver with S$25,000 spend. If you’re likely to spend S$2,100+/month on shopping online, DBS Woman’s World Card is a great choice; if you have a smaller budget and prefer flexibility, Citi Rewards Card may be a better option for you.

DBS Altitude Visa v. Citi PremierMiles Visa
If you’re seeking an affordable travel card, consider Citi PremierMiles Visa Card. Cardholders earn 1.2 miles per S$1 locally and 2 miles overseas, and receive 10,000 annual bonus miles with each card renewal (worth S$210). Cardholders even receive free travel insurance and 2 free lounge visits/year. There is a S$192.6 fee, but it’s waived 2 years.


DBS Altitude Card, on the other hand, offers similar rates but with a few extra perks (golfing privileges, for example). The card also comes with a fee-waiver, though a relatively high spend threshold of S$25,000 is required. DBS Altitude Card does not, however, offer bonus miles. Ultimately, if you prefer maxmising miles to perks, you may be more interested in Citi PMV Card; if you spend S$2,100/month and prioritise perks, you may prefer DBS Altitude Card.

POSB Everyday Card v. OCBC 365 Card
OCBC 365 Card is the best no-fee rebate card for daily essentials on the market. Cardholders earn 6% cashback on dining and 3% on groceries, transport, online travel & recurring bills. There’s a S$800 minimum spend requirement, and cardholders can earn up to S$80/month. Finally, the S$192.6 fee is waived with just S$10,000 annual spend.


POSB Everyday Card is another great option for everyday cashback. Unlike OCBC 365 Card, however, many of its categories are merchant-restricted. While there’s no fee-waiver, the card is SimplyGo compatible. If you want to avoid a fee and dislike vendor limitations, you may prefer OCBC 365 Card; if you prioritise convenience and don’t mind shopping with select merchants to better maximise rewards, POSB Everyday Card is for you.

DBS Woman's World Card v. Citi Rewards Card
Citi Rewards Card is one of the best miles-earning cards for modern shoppers. Cardholders earn 4 miles per S$1 spend on all online transactions (including food & grocery delivery and ride-hailing services) as well as on clothing, bags, shoes and other fashion items. Cardholders can earn up to 4,000 miles/month, and all kinds of transactions are rewarded–online, offline, local & overseas. It’s worth mentioning that there’s a S$192.6 fee, but it’s waived the 1st year.


DBS Woman’s World Card also offers 4 miles per S$1, but only for online fashion spend. While it’s less flexible than Citi Rewards Card, it has a higher earnings cap (8,000 miles/month) and even offers a fee waiver with S$25,000 spend. If you’re likely to spend S$2,100+/month on shopping online, DBS Woman’s World Card is a great choice; if you have a smaller budget and prefer flexibility, Citi Rewards Card may be a better option for you.


Many of the DBS & POSB credit cards discussed above provide the opportunity to maximise rewards from daily spend. By pairing your new credit card with select DBS & POSB accounts, however, you may also be able to significantly boost your savings overall. One of the best accounts to pair with a DBS or POSB credit card is DBS Multiplier Savings Account.

As one of the most competitive savings accounts currently available, DBS Multiplier Account stands out by offering accountholders an incredible maximum effective interest rate (EIR) of 3.65% p.a.–one of the highest on the market. Earning such a rate, however, requires multi-product engagement. In order to earn beyond the 0.05% p.a. base rate, consumers must first credit their salary and then engage with DBS products like home loans, insurance, investments, and credit cards. The more products an accountholder engages with, the higher rate they earn. Higher monthly credit card spend also boosts interest rate. As a result, consumers interested in a DBS or POSB credit card may want to consider applying for the DBS Multiplier Savings Account (and vice versa).

Carrie Arndt

Carrie is a Senior Analyst at ValueChampion, specialising in credit cards in Singapore. She previously led consumer studies worldwide as a Senior Research Executive at MMR Research.

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