At first glance, having a card at DBS with their popular Live Fresh membership might look like a basic one. But after more in-depth research, it can be seen that their audience is targeted 100% on millennials with cash rebate offers and a small annual interest rate.
The first bank of choice in Singapore, DBS, created this card which offers up to 10% cashback on both online and Visa transactions with millennials in mind. The market is flooded with credit cards giving benefits on shopping for groceries and utilities. But this one gives you privileges at clubs and online shopping guaranteed.
If you find yourself shopping often online and spend most of your nights out in clubs, this credit card belongs in your pocket. You can get 5% cashback on any payment that you make contactless with the credit card. If you can’t order it online, do not worry, take a shopping break into your favorite mall and take advantage of this amazing credit card. Let’s find out more about its benefits, fees, rates, and, most importantly, how to apply for it.
The DBS Live Fresh credit card offers plenty of benefits for young people, but you might find it useful even if a couple of years passed by. The main benefit here is the 5% cashback on any Visa contactless payment. Spending a minimum of S$600 during a month results in a total S$60 in cashback, meaning up to 10%.
Despite the annual fee, which we will talk about in a minute, you can get your money back easily. If you find yourself enjoying the nightlife, take advantage of promotions and discounts that many clubs and bars offer. There are exclusive privileges when using DBS Live Fresh Card.
Here is a brief example of how spending some money will earn you a small amount back. Buying an air ticket online with S$300 and a bus or train ride for S$80 will result in a total amount of S$19 back into your wallet.
They also offer a mobile app for your smartphone, giving access to use your credit card with ease. Registering is easy, and it shows you the money in your account and any transactions. The biggest benefit: it allows you to pay using your smartphone if the smartphone has an NFC option.
If you do not meet the minimum amount of money required of S$600, do not worry, since they offer a 0.3% cashback for all your spending, regardless. This small percentage might be a reason to move along and ignore it. But over a long period, the money you earn back will grow, and it will surely help. This is especially true if you are a college student.
The card is designed for tech-friendly. If you want to make your life easier, having a hassle-free option across the online world or mobile wallet is ideal. It stands out with its all-in-one card, making it very convenient.
Fees and Rates
We mentioned that this credit card is aimed towards young people, so the fees and rates are set accordingly. With the age of 21 years old and above, the annual fees are S$192.60 for the principal card. For each supplementary card, you have to pay S$96.30 yearly. The fee waiver period is one year.
How to Apply
Before applying for the DBS Live Fresh credit card, you must check for eligibility. This can be done by clicking the link here. In order to pass this, you must be between the age of 18 and 27 years old and a Singapore citizen or a permanent resident.
You can contact DBS during business hours via e-mail or with a call. However, it is recommended for easier access to customer support to chat live with one of the operators.
Phone: 1800 111 1111
E-mail for complaints: email@example.com
For compliments or suggestions, you can send them a message using this contact page where you will be reached back in the fastest time.
Locate a nearby branch using this link for a personal meeting.
Note: There are risks when you apply for and use credit cards. Consult the bank’s terms and conditions page for more information.