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Is it easy to get a fee waiver for the DBS Altitude credit card after the first year?

Fresh graduate apply for credit card. Don’t think I’ll ever hit the 25k retail spending for automated fee waiver.

Discussion (1)

What are your thoughts?

thefrugalstudent

thefrugalstudent

07 Apr 2021

Founder at thefrugalstudent.com

Hi colourwheel123,

I believe it's relatively easy as long as you use it a decent amount, but you'd have to make the request yourself. I seem to recall users saying that you can request a fee waiver via ibanking, but I don't own a DBS credit card myself so I can't confirm this. If not, you can just give DBS a call or contact them via live chat on ibanking.

I can't tell you if you need to spend a specific amount before being able to get a fee waiver, but for entry-level credit cards, banks are often incentivised to waive the annual fee for customers in order to retain customers, so I think there shouldn't be a problem. Then again, they are by no means obliged to. To avoid unnecessarily paying an annual fee, make the request for a fee waiver well before your annual fee is due (~1 month).

Hope this helps & all the best!

Regards,

thefrugalstudent

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