facebookFirst time applying for Safra card. Is it compulsory to spend minimum $500 on every month? - Seedly

Mohamad

08 Jul 2020

Credit Cards

First time applying for Safra card. Is it compulsory to spend minimum $500 on every month?

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Billy

08 Jul 2020

Development & Acquisitions Manager at Real Estate Private Equity

Hi Mohamad,

Based on DBS's website

"Simply spend a min. of S$500 in a calendar month to qualify for:

  • 3% cash rebate* on your local Mastercard contactless transactions (including bus/train rides via SimplyGo);

  • 3% cash rebate* on online transactions; and

  • 0.3% cash rebate* on all other retail transactions"

If you wish to receive the above benefits by using the card, you'd have to spend $500 each month.

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