Are there any promotions going on for SAFRA-DBS Debit Card?

Is the promotion worth getting this debit card? Looking into DBS debit cards but not sure which is best.

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Gabriel

13 Apr 2020

Undergraduate at National University of Singapore

Hey Anon, there is a sign-up promotion at the moment. Just take note that the rebates are in the form of SAFRA points which can only be redeemed at SAFRA clubhouses. Personally, I don't find this debit card attractive as I prefer cash rebates instead of SAFRA points and I'm not willing to pay for SAFRA membership since I don't visit their clubhouses regularly.

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Kathlyn Laiu

13 Apr 2020

Hi Anon, yes there is a promotion going on form now till 30 June 2020. Get a 10% cash rebate. Charge a minimum of $200/month on the card for the first 3 months (from the date your card is being approved) to get this 10% cash rebate. This rebate is for transport spending though so I would say it is a lot (unless you direct most of your transport payments to this card - like say use it for MRT and bus expenditures). The cash rebate that you get will be in the form of SAFRA points and there is a maximum of $10 SAFRA points you can earn in rebate per month

BUT, the promotion is exclusive to full-time NSF only so this promotion is not very attractive to the general public.

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