DBS Woman's World Card
DBS Woman's World Card
- S$5 = 3 DBS Points (equivalent to 1.2 Miles per S$1)
- on Overseas Purchases
- S$5 = 1 DBS Point (equivalent to 0.4 Miles per S$1)
- on All Other Purchases
- 3.25%
- Foreign Currency Transaction Fee
All Details
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DBS Woman’s World Card Benefits 2024
Here’s a quick look at the requirements, pros and cons and other relevant details of the DBS Woman’s World Card before you decide to get your hands on this card.
*Note that the content below is accurate at the time of writing on 15 July 2024 and subject to change from time to time at DBS Bank's discretion.
Pros & Cons
Pros
- Up to 10X DBS Points per S$5 spent on online purchases (equivalent to 4 miles per $1 spent)
- Up to 3X DBS Points per S$5 spent on overseas purchases (equivalent to 1.2 miles per S$1 spent)
- Up to 1X DBS Points per S$5 spent on other purchases (equivalent to 0.4 miles per $1 spent)
- First year waiver of annual fee available
- Complimentary e-Commerce Protection on online purchases
- Flexibility to convert DBS Points into air miles on the go via DBS digibank mobile app
- Instant redemption of DBS Points to pay for online purchases or in-store ones
- Option to redeem your DBS Points for cash credits, shopping vouchers, grocery and dining vouchers and more
- Access to exclusive travel bookings promotions (with complimentary travel insurance) on DBS Travel Marketplace
Cons
- Interest rate of 27.80%, which is higher than other cashback credit cards in the market
- DBS Points cap (4 miles per $1 spent) for online purchases fixed at S$1,500
- Expiry of DBS Points earned in the first year is fixed within a year from card application, subsequent DBS Points earned will expire a year from earned date
- Minimum spend of at least S$25,000 to your card each year to waive the annual fee for the following year
Compare DBS Woman’s World Card vs. UOB Lady's Card vs. HSBC Revolution Card
Aside from the DBS Woman’s World Card, the UOB Lady’s Card and HSBC Revolution Card are also popular choices designed for frequent travellers and active spenders.
Among these options, the DBS Woman’s World Card is a more premium, higher-tier card offering more attractive benefits. To qualify for this card, an annual income of $80,000 or more is required — which is more than two times of the minimum income requirement of both UOB Lady's Card and HSBC Revolution Card.
While the DBS Woman’s World Card and the UOB Lady’s Card offer miles and reward points earn rates which are as attractive as HSBC Revolution Card’s, these two cards charge annual fees, unlike the HSBC Revolution card which does not charge any.
As compared to the UOB Lady's Cards and HSBC Revolution Card, the DBS Woman's World Card has a stricter cap on miles and rewards points, with a $1,500 limit on online purchases (4 miles per $1 spent), while the UOB Lady's Card has a 1,800 UNI$ cap. On the other hand, the HSBC Revolution Card which has a cap of 10,000 reward points per month gives greater flexibility to gain more rewards.
In a nutshell, the DBS Woman’s World Card is great for high spenders who shop online regularly, draw an annual income of above $80,000 (both women and men) and can afford to maximise the benefit of 10X DBS Points per $5 spent on all online purchases (equivalent to 4 miles per S$1).
DBS Woman’s World Card
Interest rate: 27.80%
Annual fee: $196.20 (first year waiver available)
Minimum annual income:
Rewards benefits:
UOB Lady's Card
Interest rate: 27.80%
Annual fee: $196.20 (first year waiver available)
Minimum annual income:
Rewards benefits:
HSBC Revolution Card
Interest rate: 26.90%
Annual fee: None
Minimum annual income:
Rewards benefits:
Find Out More About The Best Rewards Cards In Our Blog Review!
DBS Woman’s World Card Application
Here are 3 simple steps to apply for the DBS Woman’s World Card
Apply via MoneySmart’s credit cards page
You may begin your application by clicking on our DBS Woman’s World Card application link.
When you choose to apply online via SingPass MyInfo, DBS will pull your identity and income data from SingPass (which is already verified), thus cutting short the processing time. The approval-in-principle page will appear within minutes of submitting your MyInfo.
Provide all documentation required
You’ll need to provide all the necessary documentation in order for DBS to approve your credit card application. This list of documents include:
Receive your DBS Woman’s World Card
You’ll be able to activate your DBS Woman’s World Card through the DBS digibank mobile app, and enter a One-Time Password (OTP) after keying in your 6-digit Online Banking PIN to secure all your credit card transactions. Thereafter, it’s ready for you to use on any of your purchases and you can track your cashback rewards and credit card statements with your DBS digibank app!
Frequently Asked Questions
Are there any fees if I apply for the DBS Woman’s World Card?
- The DBS Woman’s World Card charges an annual fee of $196.20 (first year waiver available) and other fees like late payment fee, minimum monthly payment, foreign currency transaction fee, cash advance transaction fee, overlimit fee.
Am I eligible for the DBS Woman’s World Card?
- If you’re a Singapore Citizen, Permanent Resident (PR), you’re eligible to apply for the DBS Woman’s World Card, as long as you’re aged between 21 and above, and earn a minimum annual income of $80,000 (for Singaporeans, PRs and foreigners).