If you’re looking for a credit card that can help you save money while you shop, the DBS Black Visa Card might be the perfect option for you. This card is designed to reward you for your retail spending, making it a great choice for frequent shoppers. But what makes the DBS Black Visa Card stand out from other credit cards in Singapore?
One of the key benefits of the DBS Black Visa Card is its generous rewards program. With this card, you can earn up to 3X DBS Points (or 6 miles) per S$5 spent on local Visa contactless purchases. This makes it one of the best shopping cards in Singapore, especially if you’re looking for a way to earn extra miles from your everyday purchases. Plus, with a mobile wallet and 0% interest installment plan, you can make the most of your shopping experience.
Another advantage of the DBS Black Visa Card is its payment convenience. You can use this card to make payments at a wide range of merchants, both online and offline. Plus, with contactless payment options, you can enjoy a fast and easy checkout experience wherever you go. With all of these benefits and more, it’s no wonder that the DBS Black Visa Card is such a popular choice among shoppers in Singapore.
Key Takeaways
- The DBS Black Visa Card is a great choice for shoppers in Singapore who want to save money while they spend.
- This card offers a generous rewards program that allows you to earn up to 3X DBS Points per S$5 spent on local Visa contactless purchases.
- With payment convenience and other benefits, the DBS Black Visa Card is one of the best shopping cards in Singapore.
What Makes DBS Black Visa Card Stand Out
If you’re looking for a credit card that offers exclusive shopping rewards, competitive cashback offers, and a flexible points system, then the DBS Black Visa Card is the perfect choice for you. Here are some of the reasons why this card stands out from the rest:
Exclusive Shopping Rewards
The DBS Black Visa Card offers exclusive shopping rewards that you won’t find with other credit cards in Singapore. For instance, you can earn up to 10X DBS Points (or 20 miles) for every S$5 spent on online purchases with selected merchants. You can also enjoy up to 5% cashback on your online shopping with Lazada and RedMart.
Competitive Cashback Offers
With the DBS Black Visa Card, you can enjoy competitive cashback offers that help you save money on your everyday purchases. For example, you can get up to 3% cashback on your dining and entertainment expenses, up to 2% cashback on your overseas spend, and up to 1.2% cashback on your local spend.
Flexible Points System
The DBS Black Visa Card has a flexible points system that allows you to earn DBS Points for every dollar you spend. You can use these points to redeem a wide range of rewards, including shopping vouchers, air miles, and cash rebates. Plus, you can transfer your points to your favourite frequent flyer programmes, such as KrisFlyer, Asia Miles, and more.
Overall, the DBS Black Visa Card is an excellent credit card for anyone who loves to shop and save money. With its exclusive shopping rewards, competitive cashback offers, and flexible points system, you can enjoy a range of benefits that other credit cards simply can’t match.
Understanding the Perks
If you’re looking for a credit card that rewards you for your shopping sprees, look no further than the DBS Black Visa Card. This card comes with a host of benefits that make it the best shopping card in Singapore. Here’s what you need to know:
Travel Benefits
With the DBS Black Visa Card, you can earn miles on your everyday purchases, which you can redeem for flights, hotels, and other travel-related expenses. You’ll earn 3 miles for every S$5 spent on Visa contactless payments and 1 mile for every S$5 spent on all other purchases. Plus, you can enjoy discounts on travel-related services, such as airport transfers and car rentals.
Dining and Groceries Privileges
The DBS Black Visa Card also offers dining and groceries privileges. You can enjoy up to 10% cashback on dining and groceries at selected merchants, as well as discounts at participating restaurants. Plus, you can earn 3 miles for every S$5 spent on Visa contactless payments at supermarkets.
Online Shopping Advantages
Shopping online has never been more rewarding with the DBS Black Visa Card. You can earn 3 miles for every S$5 spent on Visa contactless payments online, as well as enjoy discounts at selected online merchants. Plus, you can earn 1 mile for every S$5 spent on all other online spending.
In addition to these perks, the DBS Black Visa Card also offers discounts at department stores and other selected merchants. With all these benefits, it’s no wonder that the DBS Black Visa Card is the best shopping card in Singapore.
Payment Convenience
When it comes to payment convenience, the DBS Black Visa Card is definitely a top contender. This card offers a range of payment options that make it easy and convenient to use.
Contactless Payment Technologies
With the DBS Black Visa Card, you can make contactless payments using Visa payWave. This means that you can simply tap your card on the payment terminal to make a purchase, without having to enter your PIN. This is a great feature for those who want to save time and avoid the hassle of entering their PIN.
Mobile Wallet Integration
The DBS Black Visa Card also integrates with popular mobile wallets such as Apple Pay, Samsung Pay, and Google Pay. This means that you can add your card to your mobile wallet and use your phone to make payments. Mobile wallet integration is a great feature for those who want to make payments on the go, without having to carry their physical card with them.
In addition, using your mobile wallet for contactless payments is even more convenient than using your physical card. You don’t have to take your phone out of your pocket or purse, just hold it up to the payment terminal and you’re done.
Overall, the DBS Black Visa Card offers a range of payment options that make it easy and convenient to use. Whether you prefer to use your physical card or your mobile wallet, this card has got you covered.
Financial Considerations
When it comes to choosing a credit card, understanding the fees and charges, interest rates, and minimum income requirements is crucial. Here are some financial considerations to keep in mind when considering the DBS Black Visa Card.
Fees and Charges
The DBS Black Visa Card comes with an annual fee of SGD 192.60 (inclusive of GST) for the primary cardholder. The supplementary annual fee is SGD 96.30 (inclusive of GST). There is also a late payment fee of SGD 100, a cash advance transaction fee of 6% of the amount withdrawn or SGD 15 (whichever is higher), and a foreign currency transaction fee of 3% of the transaction amount.
Interest Rates and Minimum Income Requirement
The annual interest rate for the DBS Black Visa Card is 26.80%, and the minimum income requirement is SGD 30,000 for Singaporeans and Permanent Residents and SGD 45,000 for foreigners. The minimum monthly repayment is 3% of the outstanding balance or SGD 50 (whichever is higher).
It’s important to note that the DBS Black Visa Card also comes with an administrative fee of SGD 100 for conversion of retail transactions into instalment plans. However, the card offers a 0% interest instalment plan for up to 12 months at selected merchants.
Overall, the DBS Black Visa Card is a great option for those who love to shop and want to earn rewards on their spending. However, it’s important to weigh the fees and charges against the benefits to ensure that the card is the right fit for you.
Maximising Your Card’s Potential
If you’re looking to get the most out of your DBS Black Visa Card, there are a few key strategies you can use to maximise your rewards. By being strategic in your spending and taking advantage of promotions and offers, you can earn more points and redeem them for even greater rewards.
Strategic Spending for Maximum Rewards
To get the most out of your DBS Black Visa Card, you should focus your spending on categories that offer the highest rewards. This includes retail spending, particularly on big purchases such as electronics or furniture. You can also earn rewards on online spending and entertainment, as well as future travel bookings.
To help you keep track of your spending, consider setting a minimum monthly spend goal. This will ensure that you are earning rewards on a regular basis and can redeem them for the rewards you want.
Utilising Promotions and Offers
DBS Black Visa Card offers a range of promotions and offers to help you earn even more rewards. This includes online shopping promotions, where you can earn bonus points or cashback when you shop at select merchants.
You can also take advantage of perks such as free travel insurance and airport lounge access, which can help you save money and make your travel experience more enjoyable.
To ensure that you are taking advantage of all the promotions and offers available to you, make sure to regularly check the DBS website or mobile app. This will help you stay up-to-date on the latest deals and ensure that you are earning as many rewards as possible.
Overall, by being strategic in your spending and taking advantage of promotions and offers, you can maximise the potential of your DBS Black Visa Card and earn even greater rewards.
Comparing the DBS Black Visa Card with Competitors
Other Shopping Credit Cards
When it comes to shopping credit cards in Singapore, there are a number of competitors that offer similar rewards and benefits. One such card is the Citi Rewards Card, which offers 10X rewards points for every S$1 spent on clothing, bags, and shoes. However, the DBS Black Visa Card offers more flexibility in terms of the types of purchases that earn rewards points, making it a more versatile option.
Another competitor is the UOB Preferred Platinum Card, which offers up to 10% cashback on dining, entertainment, and online shopping. However, the DBS Black Visa Card offers a higher rewards rate for local spend, making it a better option for those who primarily shop in Singapore.
The HSBC Revolution Credit Card is another popular option, offering 5X rewards points for dining, entertainment, and online transactions. However, the DBS Black Visa Card offers a more comprehensive rewards program, with points earned on all types of purchases.
Rewards and Benefits Analysis
When it comes to rewards and benefits, the DBS Black Visa Card stands out from its competitors. With a standard rewards rate of $5 = 1 DBS Point (2 miles), the card offers a competitive rewards rate for all types of purchases. Additionally, using Visa PayWave, Apple Pay, Samsung Pay, or Google Pay can earn you $5 = 3 DBS Points (6 miles), which is a faster way to accumulate rewards points.
Other benefits of the DBS Black Visa Card include access to exclusive deals and discounts at over 3,000 merchants, as well as complimentary travel insurance for up to S$1 million in coverage. The card also offers a range of lifestyle perks, such as access to VIP airport lounges and discounts on dining and entertainment.
Overall, the DBS Black Visa Card is a top contender when it comes to shopping credit cards in Singapore. With a comprehensive rewards program, flexible rewards redemption options, and a range of exclusive benefits, it is an excellent choice for anyone looking to earn rewards on their everyday purchases.
Additional Benefits for Loyal Customers
If you are a loyal customer of DBS Black Visa Card, you can enjoy exclusive partnerships and collaborations with various merchants. These partnerships offer discounts, cashback, and other benefits that are not available to non-cardholders.
Exclusive Partnerships and Collaborations
One such partnership is with Agoda and Expedia. You can enjoy up to 10% off on hotel bookings when you use your DBS Black Visa Card to book your stay on these platforms. You can also enjoy discounts on Taobao purchases, which is great for those who love to shop online.
If you are a frequent shopper at Cold Storage, Guardian, or Giant, you can enjoy discounts on your purchases when you use your DBS Black Visa Card. You can also enjoy discounts at BreadTalk, which is perfect for those who love to indulge in sweet treats.
Lifestyle and Entertainment Perks
As a loyal customer, you can also enjoy lifestyle and entertainment perks. For example, you can enjoy fuel savings of up to 20% when you use your DBS Black Visa Card to pay for your petrol at SPC. You can also enjoy discounts on movie tickets and other entertainment activities.
If you are a foodie, you can enjoy discounts on food delivery services such as Gojek and Foodpanda. This is great for those who love to order food from their favourite restaurants.
In addition to these benefits, you can also enjoy a fee waiver and 0% interest on your recurring bills. This is great for those who want to save money on their monthly bills.
Overall, the DBS Black Visa Card is a great shopping card that offers a wide range of benefits to its loyal customers. Whether you are a frequent shopper or a foodie, you can enjoy discounts and other perks that are not available to non-cardholders.
How to Apply for Your DBS Black Visa Card
Are you ready to take your shopping experience to the next level? The DBS Black Visa Card is the perfect card for you! Applying for your card is easy and convenient. Here’s how you can do it:
Apply Online
The easiest way to apply for your DBS Black Visa Card is online. Simply visit the DBS website and fill in the application form. You will need to provide your personal details, income information, and employment details. Once you have submitted your application, you can expect to receive a response within a few working days.
Apply via Digibank Mobile
If you prefer to apply for your card via your mobile device, you can do so using the Digibank Mobile app. Simply log in to your account and select “Apply for a Credit Card” from the menu. Follow the on-screen instructions to complete your application.
Eligibility Criteria
Before you apply for your DBS Black Visa Card, make sure you meet the eligibility criteria. You must be at least 21 years old and have a minimum income of S$30,000 per annum. You must also be a Singapore citizen, permanent resident, or a foreigner with a valid employment pass.
E-Commerce Benefits
The DBS Black Visa Card is not only great for shopping in-store, but it also offers amazing benefits for e-commerce shopping. You can enjoy exclusive discounts and promotions when you shop online with your DBS Black Visa Card. Plus, you can earn DBS Points for every dollar you spend, which can be redeemed for a wide range of rewards.
Conclusion
Applying for your DBS Black Visa Card is easy and convenient. Whether you choose to apply online or via Digibank Mobile, you can expect a quick and hassle-free process. Don’t miss out on the amazing benefits of the DBS Black Visa Card, apply today!
Frequently Asked Questions
What fabulous perks come with the DBS Black Visa Card?
The DBS Black Visa Card offers a range of perks that make it one of the best shopping cards in Singapore. You can earn DBS Points on all purchases, which can be redeemed for a variety of rewards, including cashback, air miles, and shopping vouchers. Additionally, the card offers exclusive discounts and promotions at a wide range of merchants, including restaurants, hotels, and retail stores.
What’s the minimum income requirement to snag a DBS Black Card?
To be eligible for a DBS Black Visa Card, you must have a minimum annual income of S$80,000. This makes it a top-tier card that is reserved for high earners who are looking for premium perks and benefits.
How does the DBS Black Visa Card stack up against other top-tier credit cards in Singapore?
The DBS Black Visa Card is one of the best shopping cards in Singapore, offering a range of exclusive perks and benefits that are hard to beat. While other top-tier credit cards may offer similar rewards and benefits, the DBS Black Visa Card stands out for its generous earn rates and exclusive promotions.
Can you tell me about the credit limit for the DBS Black Card?
The credit limit for the DBS Black Visa Card is determined based on your income and credit score. However, as a top-tier card, the DBS Black Visa Card offers a high credit limit that is designed to meet the needs of high earners who are looking for premium perks and benefits.
What distinguishes the DBS Black Elite Card from the regular DBS Black Card?
The DBS Black Elite Card is a premium version of the regular DBS Black Visa Card. It offers all the same perks and benefits as the regular card, but with additional features like a higher earn rate and access to exclusive events and experiences. To be eligible for the DBS Black Elite Card, you must have a minimum annual income of S$250,000.
How does the DBS Black Visa Card enhance your shopping experience in Singapore?
The DBS Black Visa Card is designed to enhance your shopping experience in Singapore by offering exclusive perks and benefits that are tailored to your needs. Whether you’re looking for cashback, air miles, or shopping vouchers, the DBS Black Visa Card has you covered. Additionally, the card offers exclusive discounts and promotions at a wide range of merchants, making it easy to save money while you shop.
