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DBS Altitude Visa Signature Card

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DBS Altitude Visa Signature Card

Credit Card

Lifestyle

Aik Kai
Aik Kai
Top Contributor

Top Contributor (Aug)

Level 5. Genius
Answered 4w ago
The bank staff is correct. It depends on the payment gateway, which is hard to know, really. If a foreign company use a local bank to process our payments, it is a local spend, even though you seem to be paying in foreign currency. If they use a foreign bank to process the payment, then it is considered overseas spend. And as far as I know, they are not obliged to tell you. For me, I subscribe to the New York Times and it is confirmed that the payment is processed by a foreign bank as I received the points for overseas spent. My suggestion is to go ahead and try it out. DBS can only know if the payment gateway is overseas or local when your card is charged as they can trace the charge. Hope this helps!

Credit Card

DBS Multiplier

DBS Altitude Visa Signature Card

POSB Everyday Card

DBS Live Fresh Card

Fresh Graduates

Yong Kah Hwee
Yong Kah Hwee
Top Contributor

Top Contributor (Feb)

Level 6. Master
Answered 4w ago
Most cashback cards require you have had minimum spending before you can get the cashback. As for the DBS Altitude, if you don't think you can hit that amount, then don't force yourself to. There's no need to take advantage of the promotion; the card benefits are good enough (in my opinion at least).

Credit Card

Savings

DBS Altitude Visa Signature Card

DBS

Expenses Tracking

Justin Kieran Ong
Justin Kieran Ong

()

Level 3. Wonderkid
Answered on 14 Aug 2019
As a fellow DBS CC user I feel your pain. What I'm currently doing is manually entering into the seedly app as I find it the most convenient (no need to remember and key in at home, can track immediately). I have reduced the SMS alert for my card to anything over a $1 transaction. This way I have a record of most of my CC spend on my SMS to double check. Lastly, I check the ibanking record every week as there are certain transactions that are not SMS to me (like recurring transaction for phone bills)

Bank Account

DBS Altitude Visa Signature Card

DBS

DBS Multiplier

OCBC 360

OCBC

Credit Card

Savings

Family

Expenses

XY
Xue Yi Hang

()

Level 2. Rookie
Answered on 13 Aug 2019
It won't affect your credit score. Personally I keep multiple bank accounts as it 1. Makes it easy to segregate my money so I only touch what is in my spending account 2. DBS ATMs often have long queues so I just draw money at OCBC ATMs which usually have nobody and then ibank money between my own accounts lol

DBS Altitude Visa Signature Card

DBS Multiplier

Credit Card

DBS

Justin Kieran Ong
Justin Kieran Ong

()

Level 3. Wonderkid
Answered on 13 Aug 2019
Any credit cards under your name can be seen on the ibanking portal home page as it's own "account". From there, you can see all the transactions much like a normal bank account (though it usually takes a few days for you to see the actual transaction) When the payment is due, you can choose to pay using funds from your multiplier account. Eligible transactions from any DBS / POSB credit card under your name will add towards your monthly transaction under the bank and earn tab. I hope this helps

DBS Altitude Visa Signature Card

Starhub

Singtel

Miles

Credit Card

Aik Kai
Aik Kai
Top Contributor

Top Contributor (Aug)

Level 5. Genius
Answered on 10 Aug 2019
For your question on DBS Altitude Card, yes. I am going to refer you to this article for other card recommendations, although I would suggest BOC Elite Miles for now. https://milelion.com/credit-cards/guide/ Hope it helps!

Miles

Credit Card

DBS Altitude Visa Signature Card

Aik Kai
Aik Kai
Top Contributor

Top Contributor (Aug)

Level 5. Genius
Updated on 10 Aug 2019
Answer is yes. I am going to break up your questions into a few parts. For a merchant that offers miles via krispay, at a rate of 2mpd, you earn 3.2 mpd if you pay via cards that earns 1.2mpd, or 3.5mpd, if you pay via BOC Elite Miles. Basically, it is 2mpd + the base rate for whichever card you are using. The only difference is that 2mpd goes to your Krispay app, which you should transfer over to your Krisflyer account within 7 days from the transaction. Miles, once transferred over to Krisflyer, has a 3 years validity. The 1.2, or 1.5, or whatever the base rate is, goes to your credit card points/miles, which is then subjected to whatever expiry date the bank sets. Confusing? Let me use an example. The merchant, We Need a Hero, offers 2mpd when you use Krispay app to earn miles. Let say you spend $50 with them. So you pay via DBS Altitude Card and earn 60 miles (1.2X$50). These miles are kept in your DBS credit card account, which never expires. You then open up the Krispay app, enter the amount you paid, generate a QR code for the merchant to scan. After scanning, you earn 100 (2X$50) Krispay miles. Within 7 days, transfer these 100 Krispay miles at a 1:1 ratio to your Krisflyer account. The 100 miles that are transferred over will then be valid for 3 years. So in total, you earn 160 miles, of which 60 is in your DBS account, which nevers expire, and 100 is in your Krisflyer account, which expires in 3 years. And the mpd is 3.2 (160/50) Article for reference: https://milelion.com/2019/03/06/finally-krispay-allows-you-to-earn-krisflyer-miles-at-selected-merchants/ Hope this helps.

Fresh Graduates

DBS Altitude Visa Signature Card

DBS Multiplier

Credit Card

You can setup an automatic giro payment for credit card bills. For example, this is the steps for DBS/POSB https://www.dbs.com.sg/personal/support/card-payment-giro-application.html For manual payment you can pay by ibanking which is the most convenient and fastest. The other way is by cheque payment, where you send it together with the paper statement you receive.

Credit Card

Fresh Graduates

AMEX Singapore KrisFlyer Card

DBS Altitude Visa Signature Card

Miles

Travel

Hi anon! I’m sure many fresh grads are planning which credit cards they should get and you’ve arrived at the right place! :) Here at Seedly, we’re all about making smarter financial decisions together and that’s what this summary of the top 5 most common miles credit card will do. ! TL;DR: The miles credit card that’s best for: - Grab expenditure: AMEX KrisFlyer - Travelling & overseas miles rate: DBS Altitude - Local miles rate: UOB KrisFlyer - Miles rate with partners: UOB PRIVI - Additional mile rewards: Citi PremierMiles Here’s a summarised table on the 5 miles credit cards (open in a new tab/zoom in to read the details!): ! Now let’s break down your expenditure: - Transport: If most of your transportation expenditure is on Grab then the AMEX KrisFlyer Card would be ideal for you given the 3.3 miles rate. However, if you are likely to spend beyond S$200 each month on Grab then the cap imposed by AMEX KrisFlyer might not make it the best. The UOB KrisFlyer would be better in this case! If most of your transport expenditure is on public transport rides, then the UOB KrisFlyer Card would be ideal for you. The DBS Altitude’s 4 miles rate seems really attractive but bear in mind that it only lasts through the promotional period. Beyond that, these 2 cards would provide better rates. - Dining & online shopping: The UOB KrisFlyer provides the best rates for your meals outside and online shopping. In a nutshell, the UOB KrisFlyer Card seems to be the best based on your monthly expenditure. The AMEX KrisFlyer Card would come to a close second place if majority of your transportation expenditure is on Grab. Of course, if the additional mile rewards is important to you then the Citi PremierMiles Card would come to a close second place too. But based on the fact that the majority of your expenditure is on local spend, the UOB KrisFlyer Card should be your choice. However, do note that the UOB KrisFlyer's 3 miles (local rate) is comprised of 1.2 mpd base rate + bonus 1.8 mpd. This bonus will only be credited 2 months after the card membership year which is quite a bit of a wait. So do take note about this point if you're considering the card despite its pretty good miles rate! At the end of the day, please do your due diligence in researching about the cards and its features before getting one, especially if this is your first card as a fresh grad! Ensure the T&Cs are reasonable to you and matches your spending behaviour. I hope this was helpful for you! :-)
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DBS Altitude Visa Signature Card

Credit Card

Jovin Shen
Jovin Shen

()

Level 3. Wonderkid
Updated on 04 Aug 2019
DBS Altitude 3mpd for online flight/hotel is capped at $5k per calendar month.
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