Best for Frequent Online Shoppers Who Wants To Maximize Rewards
DBS Woman’s World Credit Card
Online Purchases
Sign-up Gift
Min Spend
The DBS Woman’s World Credit Card is designed for women who enjoy shopping online, offering substantial rewards points for every dollar spent. Cardholders can earn 10X DBS Points on online purchases and 3X DBS Points on overseas spending, with no minimum spend required. This card is ideal for those looking to maximize their rewards on both local and overseas transactions.
Highlights of the DBS Woman's World Card
Key Features
- Earn 10X DBS Points on online spending (capped at S$2,000 spend per month)
- Earn 3X DBS Points for every S$5 spent overseas
- Earn 1X DBS Point for all other purchases (every S$5 spent locally)
- Enjoy complimentary travel insurance coverage
- Access to exclusive promotions and discounts with partner merchants
- Annual Fee of S$192.60 (waived for the first year)
Air Miles
- 10x DBS Points (or 20 miles) for every S$5 online spend. Capped at S$2,000 online spend per calendar month. Equivalent to 8,000 miles per calendar month
Online Shopping
- Base earn rate: 1X DBS Point for every S$5 spent on local spend; 3X DBS Points for every S$5 spent on overseas transactions
Shopping
- Enjoy additional 10% off on top of ongoing promotions at PUMA. Valid till 31 Dec 2024
- Get $10 off with min. spend $120 or a gift with purchase at Sephora with min. spend of S$150. Valid till 31 Dec 2024
Travel
- Up to 10% cashback on accommodation bookings, in the form of Booking.com Wallet Credits
- Enjoy up to 10% off flight fares with Emirates. Promo Code: SGMAST1. Valid till 31 July 2024
Dining
- Get a S$10 return voucher with any spend at Paradise Group. Valid till 31 Dec 2024
- 15% off total food bill at Carousel (Royal Plaza on Scotts). Valid till 30 November 2024
Pros & Cons
Pros
- Generous 10X DBS Points on online spending
- Points can be redeemed for various rewards, including air miles and vouchers
- Additional travel benefits enhance the card’s value
Cons
- Monthly cap on earning 10X points, limiting rewards for high spenders
- Lacks travel perks
- Limited rewards categories
- High rewards are limited to online and overseas spending
How to Apply
Age Requirement
21 years old and above
Minimum Annual Income
Singapore or Foreigners
S$80,000
Fees and Charges
| Annual Fee | S$192.60 |
| Fee waiver | Waive for First Year |
| Annual Interest Rate | 27.8% p.a. |
| Late Payment Fee | S$100 |
| Cash Advance Fee | S$15 or 8%, whichever is highest |
| Minimum Monthly Spend / Monthly Payment: | S$50 or 3%, whichever is highest |
| Foreign Currency Transaction Fee | 3.25% |
Income Documents
Existing DBS Credit Card Member
- There is no additional requirement required. You can log into your DBS Internet Banking to apply.
New DBS Credit Card Member (Singaporean/Permanent Residents)
- A copy of your NRIC (front and back)
- Latest 3 months payslips or 3 months CPF Contribution History Statement
- Latest 1-year Income Tax Notice Assessment
- Proof of residences such as utility bill
- For employees with less than 3 months of service: a copy of Staff Pass and latest computerized payslips
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Our Verdict
The DBS Woman’s World Credit Card is a compelling choice for women who frequently shop online, offering substantial rewards on online spending. Its high rewards rate and additional benefits such as complimentary travel insurance make it an attractive option for those who want to maximize their spending on both local and overseas transactions.
However, the card’s rewards are capped at a monthly spend for earning points, which might limit the benefits for high spenders. Additionally, the annual fee, though waived for the first year, is a consideration. Despite these limitations, the card’s flexible rewards redemption and exclusive deals provide significant value for avid online shoppers.
Key Takeaways
- High Rewards for Online Shopping: Earn 10X DBS Points (equivalent to 4 miles per S$1) on online spending, capped at S$2,000 per month
- Additional Points on Overseas Spending: Earn 3X DBS Points for every S$5 spent overseas
- Flexible Rewards Redemption: Points can be redeemed for various rewards, including air miles and vouchers
- Exclusive Promotions: Enjoy discounts and offers with partner merchants, including travel, dining, and shopping deals
- Annual Fee Waiver: Annual fee of S$196.20 is waived for the first year
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DBS Woman's World Card FAQs
How Do I Check The Status of My Application?
- You can check your card approval status by simply logging into Internet Banking.
- Go to Apply>More Application Services> Select “View Application Status”
If you have more questions, you can chat with the DBS’ virtual assistant or live chat agents. Simply go to dbs.com.sg/livechat.
Note: The card approval process usually takes 7 working days. Make sure to provide all the required documents. Incomplete documents or application form will cause a delay in processing.
Where Can I Find The Updated Credit Card and Unsecured Credit Rules?
You can click here for the updated consumer guide from the Association of Banks in Singapore (ABS).
What Do I Need To Know About DBS Points?
Any DBS Points you earn from DBS Woman’s World Card must be redeemed within 12 months. After that, all DBS points earned within that year will expire. That said, monitor your points’ balance closely.
Take a look at the table below for reference:
| DBS Points Earned Between | DBS Points Expiry Date |
| 1 Jan – 31 Mar 2020 | 31 Mar 2021 |
| 1 Apr – 30 Jun 2020 | 30 Jun 2021 |
| 1 Jul – 30 Sep 2020 | 30 Sep 2021 |
| 1 Oct – 31 Dec 2020 | 31 Dec 2021 |
Additionally, you can pool together DBS Points on different cards for redemption.
For instance, if you have 10,000 DBS points on a DBS Altitude Card and another 10,000 DBS points on the DBS Woman’s World Card, you can redeem a total of 20,000 points in one shot. By doing so, you’ll be paying a single conversion fee.
What Transactions are Not Eligible For DBS Points?
The following transactions will not earn you any DBS Points:
- Bill payments and all transactions via AXS, SAM, eNETS
- Payments to educational institutions
- Payment to government institutions and services (court cases, fines, bail and bonds, tax payment, postal services, parking lots and garages, intra-government purchases and any other government services not classified here)
- Payment to insurance companies (sales, underwriting, and premiums)
- Payments to financial institutions (including banks and brokerages)
- Payment to non-profit organisations
- Payments to hospitals
- Payments to utilities
- Betting (including lottery tickets, casino gaming chips, off-track betting, and wagers at race tracks) through any channel
- Any top-ups or payment of funds to payment service providers, prepaid cards and any prepaid accounts (including EZ-Link, NETS FlashPay, Razer Pay, ShopeePay, Singtel Dash and Transit Link)
- Instalment payment plan purchases, preferred payment plans, balance transfer, fund transfer, cash advances, annual fees, interest, late payment charges, all fees charged by DBS, miscellaneous charges imposed by DBS (unless otherwise stated in writing by DBS).
Can I use my DBS Points to Pay For Annual Fees?
Yes, you can. However, you need to redeem the points 1 month before the annual fee due date. Take a look at the fee waiver section of the DBS’ Rewards page and choose your credit card.
Note: You will still see the annual fee in your credit card statement upon the due date. But it will be reversed in the next month’s card statement.
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