DBS Live Fresh Student Card: Should You Get It?

DBS Live Fresh Student Card
DBS Live Fresh Student Card

DBS Live Fresh Student Card: Should You Get It?

Student Cashback Card with EZ-Link Functionality

Good for

  • Students interested in a cashback card with EZ-Link functionality
  • Individuals looking for frequent promotions tailored to young adults
  • People who want to avoid paying an annual fee

Bad for

  • Low income working adults (not eligible for this card)
  • People who want rewards for spend on education, telco, and top-ups
  • Individuals who prefer maximising earnings to all-in-one convenience

Editor's Rating

3.5/5.0

DBS Live Fresh Student Card is great for students seeking the convenience of an all-in-one card with EZ-Link functionality. Cardholders earn 0.3% cashback with no minimum spend requirement, up to S$20/month. Consumers also can enjoy frequent promotions for prizes like trips to Mexico or customized sneakers. In addition, the S$128.4–while high–is waived for 5 years.

DBS Live Fresh Student Card Features and Benefits:

S$128.4, Waived for 5 years
  • Age: 18 to 27 years old
  • Income: No minimum requirement
  • Must be a Singapore Citizen or Permanent Resident
  • Be an eligible Undergraduate student from NUS, NTU, SMU, SUTD, SUSS, SIT, Nanyang Polytechnic, Ngee Ann Polytechnic, Temasek Polytechnic, Singapore Polytechnic or Republic Polytechnic
  • 0.3% cashback on general spend
  • Exclusions include educational spend, top-ups, insurance & telco
  • No minimum spend requirement
  • S$20/month cap on earnings
  • S$500 credit limit
  • Rotating sweepstakes & promotions for young adults
Promotions:
  • S$10 off foodpanda order when you spend S$150 within 30 days of getting the card

What Makes DBS Live Fresh Student Card Stand Out

DBS Live Fresh Student Card is great for students interested in a cashback card with EZ-Link functionality. Cardholders also enjoy 0.3% flat cashback on spend, and the S$128.4 fee–while high–is waived for 5 years. These features make DBS Live Fresh Student Card especially convenient and maintenance-free.

On the downside, DBS Live Fresh Student Card’s 0.3% rate is lower than competitors’. Students can earn 1% cashback on all spend with Maybank eVibes Card, or 1% on select categories with CIMB AWSM Card. DBS Live Fresh Student Card also caps rewards at S$20/month, while most student cards are unlimited. However, this is not much of a drawback–cardholders would need to spend S$6,667 to max out the cap at this rate, which would be difficult for a student with low or no income.

Ultimately, the feature that stands out most for DBS Live Fresh Student Card is its EZ-Link functionality. However, students may also enjoy the frequent promotions that come with the card, such as nightclub privileges and vacation sweepstakes.

How Does DBS Live Fresh Student Card’s Rewards Program Work?

Use our quick and easy-to-read guide below to learn how you you can redeem card rewards.

  • Every 1 dollar of cashback earned is equal to S$1
  • Cashback is credited to the cardholder's account every month
  • Cashback is automatically applied to part of the billed amount for that month
  • Cashback is forfeited and is non-transferable when an account is closed

DBS Live Fresh Student Card Rewards Exclusions

Some credit card expenditures are ineligible for earning rewards. We identify these exclusions below.

Instalment payment plan purchases, preferred payment plans, balance transfer, fund transfer, cash advances, annual fees, interest, late payment charges, all fees charged by DBS and miscellaneous charges imposed by DBS (unless otherwise stated in writing by DBS); OR interest, finance charges, cash withdrawal, Cash Advance, balance transfer, bill payments via internet banking and all fees charged by DBS
Payments made via AXS, SAM and eNETS; payment or top-up of funds to payment service providers, prepaid accounts and any pre-paid accounts (e.g. EZ-Link, NETS FlashPay, Transit Link, Singtel Dash); payments to educational institutions; payments to financial institutions (including banks, online trading platforms and brokerages); payments to government institutions and services (court cases, fines, bail and bonds, tax payment, postal services, parking lots and garages, intra-government purchases and any other government services not classified here); payments to insurance companies (sales, underwriting and premiums); payments to non-profit organizations
Transactions related to betting (including casino levy payment, lottery tickets, casino gaming chips, off-track betting, and wagers at race tracks); transactions related to crypto currencies

How does DBS Live Fresh Student Card Compare Against Other Cards?

DBS Live Fresh Student Card
DBS Live Fresh Student Card

Consider this if actively like to shop on e-commerce sites and make purchases with mobile payments

Annual Income Requirement N/A
Foreigner Income Requirement N/A

Read our comparisons of DBS Live Fresh Student Card with other cards and learn what makes each card unique in their own way. We compare and contrast each card to highlight its uniqueness to help you identify the card that you need.

DBS Live Fresh Student Card performs below the market average for value-to-consumer after two years based on a monthly spend of S$1,500

DBS Live Fresh Student Card v. Maybank eVibes Card

Consider this if you want to maximise cashback on everyday spending

Annual Income Requirement N/A
Foreigner Income Requirement N/A

Students and NSF men are most likely to maximise rewards for their spend with Maybank eVibes Card, which offers unlimited 1% flat rebate with no minimum spend requirement. Cardholders also have access to Maybank TREATS programme’s dining and lifestyle discounts and privileges. While Maybank eVIbes Card offers a much higher rewards rate, DBS Live Fresh Student Card is a better fit for those seeking a card with EZ-Link functionality.

DBS Live Fresh Student Card v. Standard Chartered Manhattan S$500 Card

Standard Chartered Manhattan $500 Card
Standard Chartered Manhattan $500 Card

Consider this if you are a low-income working adult

Annual Income Requirement N/A
Foreigner Income Requirement N/A

Standard Chartered Manhattan S$500 Card offers both students and low income working adults 0.25% cashback on all spend. While this rate is slightly lower than that offered by DBS Live Fresh Student Card, SC Manhattan S$500 Card stands out for its availability to non-students earning less than S$30,000/year, which is rare amongst similar cards.

DBS Live Fresh Student Card v. Citi Clear Card

Citibank Clear Card
Citibank Clear Card

Consider this if you frequently visit Starbucks and Subway

Annual Income Requirement N/A
Foreigner Income Requirement N/A

Citi Clear Card offers students an alternative to cashback–cardholders earn the equivalent of 0.4 miles per S$1 spend, with no minimum requirement or cap. Cardholders also enjoy dining discounts and privileges through Citi Gourmet Pleasures. In fact, consumers can enjoy up to 10% off Starbucks and 5% off Dunkin’ Donuts and Subways. Students and young adults who frequently dine out should definitely consider Citi Clear Card.

Comments and Questions

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