DBS Woman's Card
DBS Woman's Card
- S$5 = 5 DBS Points (2 Miles per S$1)
- On Online Purchases
- S$5= 1 DBS Point (0.4 Miles per S$1)
- On All Other Purchases
- Complimentary
- e-Commerce Protection for Online Purchases
All Details
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DBS Woman’s Card Benefits 2024
For spenders seeking a more affordable alternative to the premium DBS Woman's World Card, the DBS Woman's Card presents a compelling option. This card offers a balance of rewards and benefits without the hefty annual fee.
While it may not boast the same level of luxury perks, it offers great benefits for everyday spend and the DBS Points you earned can be redeemed for cashback, Fairprice vouchers, Apple AirPods, fashion, beauty, hotel deals and more. Let's delve deeper into the card's features, eligibility criteria, and compare it to similar cards, before you decide to get your hands on this card.
*Note that the above mentioned promotions and rewards are accurate at the time of writing on 3 September 2024 and subject to change from time to time at DBS Bank's discretion.
Pros & Cons Of DBS Woman’s Card
Pros
- Up to 5X DBS Points per S$5 spent on online purchases (equivalent to 2 miles per $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
- Ease of having DBS Points conversion into air miles via the DBS digibank mobile app
- Convenience of redeeming DBS Points to pay for online purchases or in-store ones
- DBS Points can be redeemed for cash credits, shopping vouchers, grocery and dining vouchers and more
- Enjoy 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 earned in the first year has an expiry (1 year)
- Minimum spend of at least S$15,000 is required 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
The DBS Woman's Card focuses on rewarding online shoppers with 5X DBS Points per $5 spent on online purchases, equivalent to 4 miles per $1. This card is great for those who do most of their shopping online and want to maximise their rewards in this category.
For all other purchases, the DBS Woman’s Card offers 1X DBS Point per $5 spent, which is less competitive compared to some other cards like the UOB Lady’s Card and HSBC Revolution Card. Additionally, while the DBS Woman's Card doesn’t really state a cap on miles and rewards point upfront on their website, the UOB Lady's Card has a 1,800 UNI$ cap, and the HSBC Revolution Card has a cap of 10,000 reward points per month.
The UOB Lady’s Card provides 10X rewards on every $5 spent in a selected category, which can be changed quarterly—covering options like travel, dining, beauty/wellness, fashion, transport, and entertainment—though this 10X rate is capped at $1,000 of spending per month, with all other spending earning 1X point per $5.
While the DBS Woman’s World Card and UOB Lady’s Card offer rewards and miles rates that rival those of the HSBC Revolution Card, they come with annual fees, whereas the HSBC Revolution Card does not.
In a nutshell, the the DBS Woman's Card is more suitable for dedicated online shoppers who want competitive rewards and comprehensive e-commerce protection, while the UOB Lady’s Card is ideal for those who prefer to earn high rewards in specific, changeable categories, and the HSBC Revolution Card best caters to frequent online and contactless payment users with versatile rewards and lifestyle perks.
Interest rate: 27.80%
Annual fee: $163.50 (first year waiver available)
Minimum annual income:
Rewards benefits:
Interest rate: 27.80%
Annual fee: $196.20 (first year waiver available)
Minimum annual income:
Rewards benefits:
Interest rate: 26.90%
Annual fee: None
Minimum annual income:
Rewards benefits:
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DBS Woman’s Card Application
Here are 3 simple steps to apply for the DBS Woman’s Card
Apply via MoneySmart’s credit cards page
You may begin your application by clicking on our DBS Woman’s 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 Card
You’ll be able to activate your DBS Woman’s 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 About DBS Woman’s Card
Are there any fees if I apply for the DBS Woman’s Card?
- The DBS Woman’s Card charges an annual fee of $163.50 (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 Card?
- If you’re a Singapore Citizen, Permanent Resident (PR), you’re eligible to apply for the DBS Woman’s Card, as long as you’re aged between 21 and above, and earn a minimum annual income of $30,000 (for Singaporeans and PRs) or $45,000 (for foreigners).