DBS Altitude Visa Card: No Annual Fee Miles Card

DBS Altitude Visa Card: No Annual Fee Miles Card

One of the best mile credit cards for an average consumer, with an easy annual fee waiver

Good for

  • Average consumer who want a great miles card with an easy annual fee waiver

Bad for

  • Consumers who are willing to pay an annual fee for more miles

Editor's Rating


DBS Altitude Card is the best no-fee air miles credit card to use if your expenditures are spread evenly across different areas. With it, you can earn 1.2 miles for every S$1 of local expenditure and 2 miles for every S$1 of overseas expense. DBS Altitude Card is also unique in that it waives your annual fee if you spend more than S$2,000 a month (S$25,000 per year). Therefore, if care about getting your annual fee waived than earning bonus awards, DBS Altitude may be the right card for you. In the following review, we'll explain why we like this card so much.

Pros of DBS Altitude

  • Annual fee waiver when you spend at least S$25,000 a year (10,000 bonus miles if you spend less than S$25,000 and pay the annual fee)
  • 1.2 miles for S$1 of local spend and 2 miles for overseas spend
  • 3 miles for S$1 spent on online travel bookings
  • 14% discount on petrol at Esso
  • 2 Complimentary Global Airport Lounge Access visits per year
  • Promotion: 1 chance to win 2 SIA suites class tickets for every S$500 spend (5x for travel bookings)

Cons of DBS Altitude

  • Lags peers in bonus awards, especially if you spend less than S$25,000 per year

What makes DBS Altitude Visa Card stand out

First, DBS Altitude is ideal for an average person in Singapore because of its combination of rewards and affordability. For example, it provides one of the best miles rewards of 1.2 miles for S$1 of local spend and 2 miles per S$1 of overseas spend. not only that, its annual fee of S$192.6 is easily waived for most people, which we discuss further below. True to serving the middle of the road consumer, DBS Altitude requires S$30,000 of salary for Singaporean locals & S$45,000 for foreigners. Other benefits include 2 airport lounge access per year and complimentary travel insurance.

What makes this card even more beneficial for moderate spenders is the annual fee waiver. If you spend S$25,000 a year (about S$2,100 a month), DBS Altitude will waive your S$192.6 of annual fee. This level of spending seems appropriate for the average Singaporean who's spending about S$2,000 per month. As long as you spend enough to meet the minimum requirement, DBS Altitude all of a sudden becomes a unique card that provides rich reward for no charge. However, paying the annual fee to receive 10,000 bonus miles isn't that economical compared to getting the waiver, since the value of those miles is roughly S$100 for most consumers who redeem it for economy class flights.

DBS Altitude Visa Card's Features and Benefits:

  • Annual Fee: S$192.6, 1st year waiver, and waived each year if spending $25,000 a year, or get 10,000 bonus miles when paying to renew
  • APR: 25%
  • Salary requirement: S$30,000 for locals (S$45,000 for foreigners)
  • 2 miles for overseas spend, 1.2 miles for S$1 of local spend.
  • 3 miles for S$1 spent on online travel booking (capped at S$5,000 per month)
  • 14% petrol discounts at Esso
  • DBS points never expire
  • 2 airport lounge access per year
  • DBS Altitude Butler service
  • Travel accident insurance

How does DBS Altitude Visa Card Compare Against Other Cards?

Learn how DBS Altitude card differs from other cards in the market. We weigh this card's pros and cons against those of comparable cards to help you select the most ideal card for your needs.

A graph displaying how DBS Altitude Card compares to other credit cards in Singapore in terms of their rewards
DBS Altitude vs Other Cards by Dollar Value*

DBS Altitude vs Citi PremierMiles Amex

Citi PremierMiles Visa Card is another middle of the road travel card that is quite suitable for people who crave a mix of affordability and rich awards. Both cards require an annual fee of S$192.6, and both provide 1.2 miles for S$1 spent locally and 2 miles for S$1 spent overseas. In our mind, the biggest difference between DBS Altitude and Citi PremierMiles is the tradeoff between annual fee and bonus award. While Citi Premier doesn’t provide a fee waiver, DBS Altitude waives your annual fee if you spend at least S$25,000 a year on the card. Though it does provide 10,000 miles if you choose to pay the annual fee, we think getting the fee waiver of almost S$200 is more valuable than earning 10,000 miles, which is worth S$100 for most people (redeeming 1 mile is about S$0.01 for an economy class seat). This contrasts with Citi PremierMiles provides a welcome bonus gift on top of the 10,000 miles when you pay the annual fee to renew, though it doesn't give you the opportunity to earn a fee waiver. Ultimately, the choice comes down to preference over fee waiver or the welcome bonus.

DBS Altitude vs HSBC Revolution Card

People drawn to the DBS Altitude for its affordability may want to take a second look at the HSBC Revolution Card, another great travel rewards credit card for those operating with a modest budget. Like the DBS Altitude, it's very easy to avoid paying an annual fee for the HSBC Revolution as not only are the first two years' annual fee waived, as long as you spend S$12,500 on the card annually, you can continue to have that fee waived in the following years. The major point of difference between the DBS Altitude and the HSBC Revolution is how you earn those miles. While, generally speaking, the DBS Altitude offers a consistent, but relatively low flat rate reward for everything you spend your money on (1.2 miles per S$1 spent locally, 2 miles per S$1 spent overseas, 3 miles per S$1 spent on online bookings), the HSBC Revolution particularly rewards those who spend heavily in the categories of dining, entertainment and online shopping. If you have an active night and social life, love to eat out, and like to shop online, you'll find you can earn 3 miles per every S$1 spent in these areas. However, it awards only 0.4 miles per S$1 spent otherwise. Depending on where you spend your money, you may be able to rack up even more miles with the HSBC Revolution.

DBS Altitude vs OCBC Titanium Rewards Card

If you're a shopaholic who likes the sound of the HSBC Revolution but wishes there was an air miles credit card out there that gave you even better rewards for your spending on shopping, the OCBC Titanium Rewards Card could be a great match. This is one of the top shopping rewards cards in Singapore, as it awards you 4 miles for every S$1 spent shopping anywhere at all, be it online, offline or overseas. Like the DBS Altitude, the OCBC Titanium Rewards Card won't break the bank, as after the first two years during which the annual fee is automatically waived, you can waive the S$192.6 annual fee just by spending at least S$10,000 on the card every year. This is a card tailor-made to suit people who shop a lot; as a result, if your spending is more broad-based, we would likely still recommend the DBS Altitude.

DBS Altitude Credit Card vs UOB PRVI Miles Card

UOB PRVI Miles American Express Card

UOB PRVI Miles Card is one of the best air miles cards in Singapore, in our view. While it charges S$256.4 of annual fee, it offers mile awards equivalent to those offered by cards that charge S$500 or more. UOB PRVI Miles provides 1.4 miles for S$1 spent locally and 2.4 miles for S$1 spent overseas, significantly higher than DBS Altitude (though not true for online travel bookings). Overall, UOB PRVI Miles card presents an attractive opportunity build miles quickly for a slightly higher annual fee, though it does require a significantly higher income of S$80,000 to be eligible for the card (vs S$30,000 for DBS Altitude).

DBS Altitude vs Amex KrisFlyer

American Express Singapore Airlines KrisFlyer Card is a very popular card in Singapore, and we think this card accommodates new credit card users who are looking for a combination of value, reward and convenience. Because its award miles are directly credited to your KrisFlyer account, there are no additional fees or delays in redeeming your miles like the way you do for essentially every other card in the market, including DBS Altitude. Amex KrisFlyer’s awards a tad bit lower at 1.1 miles for every S$1 spent locally compared to DBS’s 1.2 miles, but makes up for it with a bonus mile of up to 8,000 miles when you spend S$700 in the first 6 months of approval. Amex KrisFlyer’s 2 miles for S$1 spent on travel booking is limited to Singapore Air and Silk Air, which limits your redemption options. We don’t think this will be a huge problem since Singapore Air’s dominant market share, but it’s still a handicap nevertheless. Overall, we think American Express Singapore Airlines KrisFlyeer Card wins in convenience, especially for Singapore Air loyalists, but DBS Altitude wins in flexibility & reward. Also of note: miles for Amex KrisFlyer will expire after three years, while miles for Altitude has no expiry when kept in DBS Points & only starts expiring once customers convert it to miles.

*ValueChampion calculates the dollar value of rewards based on S$2,000 of monthly spending. We sum the value of points, miles and cashback in dollar terms and subtract the annual fee over a 24-month period. The estimates here are ValueChampion's alone, and have not been reviewed, approved or otherwise endorsed by the credit card issuer.

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