Grab a credit card that gives you better rewards & more!
  • Credit Card BYTES FROM OUR KITCHEN

    DBS Balck American Express Card for Shopping

    Credit Card Application

    If you use your credit card mostly to buy clothes and bags and jewellery, then the DBS Black American Express Card will reward you substantially. This card allows shoppers to enjoy several benefits, such as:

    • You will earn 1 DBS Point for every S$5 spent across all purchases.
    • With My Preferred Payment Plan, you can divide your big ticket purchases into monthly instalments, on which you are needed to pay no interest. The processing fee is also low, which means the Effective Interest Rate would also be low.
    • You can make contactless purchases through Android Pay, Apple Pay, and Samsung Pay.

    Best suited to: Earn rewards points and redeem for shopping deals/vouchers.

    Key Features & Benefits

    Feature Description
    Annual Fee S$192.60 (waived for the first year)
    Rewards points on all purchases 1 DBS Point for every S$5 spent
    Complimentary travel insurance Not applicable

    Additional Benefits?

    • There are several promotions offered on this card across various categories. You will also find exclusive offers under the DBS Lifestyle programme. The categories include dining, shopping, travel, lifestyle, online offers, among others. These promotions have their separate expiry period, as well as terms and conditions.

    Earn Rewards while spending on travel needs

    This card rewards the cardholder with DBS Points for all purchases charged to the card. This is calculated for each transaction made. You will earn 1 DBS Point for every S$5 spent, and the points will be earned by supplementary cardmembers too. All the points earned – of both the primary and supplementary cardholders – will be credited to the primary card account. The points are given out in blocks of S$5 and not S$1. You will usually receive these rewards points within the next day, following the posting of the transactions to your card account.

    Let Us Illustrate:

    You can use the earned rewards points across different merchants under the DBS Lifestyle programme, or you can redeem them for KrisFlyer miles. For instance, let’s assume a person spends S$200 in a month on online and retail shopping transactions, this would earn him 40 DBS Points on these transactions. Under the DBS Rewards Frequent Flyer programme, the cardholder gets 2 KrisFlyer/Asia miles for every 1 DBS Point.

    So, if the same person earns 40 DBS Points for online and retail shopping spends, he/she can convert them for 80 KrisFlyer miles. Similarly, he/she can earn DBS Points on other monthly purchases too, or convert them for KrisFlyer miles. The following table illustrates the DBS Points earning scheme when the principal cardholder makes purchases across several categories in any particular month:

    Spend category Monthly spend Points Earned Equivalent KrisFlyer miles or Asia Miles
    Dining S$200 40 DBS Points 80 KrisFlyer miles or Asia Miles
    Online/Retail Shopping S$200 40 DBS Points 80 KrisFlyer miles or Asia Miles
    Grocery S$300 60 DBS Points 120 KrisFlyer miles or Asia Miles
    Petrol S$100 20 DBS Points 40 KrisFlyer miles or Asia Miles
    Other purchases S$400 80 DBS Points 160 KrisFlyer miles or Asia Miles
    Total S$1,200 240 DBS Points 480 KrisFlyer miles or Asia Miles

    Redeem Earned Reward Points

    You can exchange the DBS Points earned for cash vouchers. There are several rewards listed under DBS Lifestyle programme where the cash vouchers can be redeemed. You have to simply visit rewards.dbs.com and select the reward – from an array of categories – for which you want to redeem the vouchers. Some merchants also allow instant redemption of rewards points online.

    Besides, you can also get in touch with DBS by calling at 1800 111 1111 and follow the process for redemption. However, you must have 15% additional DBS Points if you’re planning to make redemption via telephonic channels.

    You can also convert the DBS Points into KrisFlyer Miles or Asia Miles, under the Frequent Flyer Programme. 1 DBS Point is equivalent to 2 KrisFlyer or Asia miles. However, you must transfer a minimum of 5,000 DBS Points for one conversion. An administrative fee of S$26.75 will be applicable each time you convert DBS Points into air miles. The miles will be credited to the frequent flyer account you choose, within one to two weeks from the date the conversion was made.

    Interest Rate

    Type of Interests Charge
    Retail Purchases 25.90% p.a. Minimum charge – S$2.50
    Cash Advance 28% p.a., calculated from the day the withdrawal is made. Minimum charge – S$2.50
    Instalment Payment Plan 0%

    Other Fees & Charges

    Type of Interests Charge
    Overseas Transaction Fee 3% per transaction, comprising 1% conversion factor by American Express and 2% administrative fee by DBS
    Late Payment Fee S$100 if outstanding balance is more than S$50
    Cash Advance Fee 6% of the withdrawn sum for every transaction, subject to a minimum fee of S$15
    Supplementary Card Fee S$96.30

    Activating the Card for Overseas Use

    You have to enable your card for usage overseas. You can activate your card by using any of the following ways:

    • iBanking: You must log in to your iBanking account using your user ID and password, and select the option which activates the magnetic strip for overseas use on your card. You will need a 6-digit iB secure PIN to login and select your card.
    • digibank: You will need your user ID, password, and 6-digit iB secure PIN in this case too, for logging in to your card account.
    • SMS Banking: You have to SMS the text for activation to 77767. There are two types of activations – either you enable the magnetic stripe without any end date, or enable it with a fixed end date.
    • DBS/POSB ATMs: You can visit the nearest DBS/POSB ATM, insert your card, and key in the PIN to access the credit card account. Subsequently, you must select the option which enables the magnetic stripe for overseas use.

    Instalment Payment Plans

    The instalment payment plan available on this card is called My Preferred Payment Plan (also referred to as MP3). It allows you to divide payment for an expensive transaction into equal monthly instalments for a period of up to 2 years. There is no applied interest rate on this plan.

    However, an one-time processing fee will be applicable, which will depend on the transaction sum and the tenure chosen. You can make payments over 3, 6, 12, 18, or 24 months. You can even activate this plan for a total of 10 transactions at a time.

    The following table illustrates the effective rates of interest and the one-time processing fee charged for different tenures:

    Tenure 3 months 6 months 12 months 18 months 24 months
    Single processing fee based on the sum transacted 3% 3% 5% 6% 6%
    Effective rate of interest 18.18% p.a. 10.43% p.a. 9.50% p.a. 7.86% p.a. 5.98% p.a.

    Cash Withdrawn on Credit Card

    You can withdraw a maximum sum of S$3,000 each day from DBS/POSB ATMs. The total amount you can withdraw will depend on the credit limit available.

    Check Eligibility to Apply for this Card

    To know more about qualifying criteria for this card, visit our DBS credit cards page.

    Card Is Lost/Stolen

    In case your card is lost or stolen, you must notify the bank as soon as possible. You should also report to the bank in cases where you notice a misuse or unauthorised use of your card. In some cases, you might have to file a report with the police about the loss, theft, or misuse; and submit a copy of this report with the bank. To get in touch with the bank, you can call their hotline or notify the bank in writing.

    Your maximum liability will be limited to S$100 for any unauthorised use of your card. However, you must ensure that you haven’t acted fraudulently, or you must not be responsible in any manner for the loss or theft of your card.

    Whether you are interested in travel, rewards or cashback, or want cards with dining and entertainment benefits, low interest rates, no annual fees, etc., all the credit card details are curated for you here with accurate information.

    Credit Card Tips

    RELATED CARD PRODUCT

    DBS Black Visa Card DBS Black Visa Card
    Annual Fee: S$192.60 (1-year waiver) Who Is It For: Who love shopping What You Get: Up to 3x DBS points
    Show Me Details

    RECENTLY VIEWED PRODUCTS

    UOB Visa Signature Card UOB Visa Signature Card
    Annual Fee: S$214 (1-year waiver) Who Is It For: Who use card for everything What You Get: Up to 10 UNI$ on all spends
    Show Me Details

    YOU MIGHT ALSO LIKE

    Citi Rewards Visa Card Citi Rewards Card
    Annual Fee: S$192.60 (1-year waiver) Who Is It For: Who love shopping What You Get: 20x points for each S$1 spent
    Show Me Details

    What Else Do I Need to Know?

    How to Enable/Disable Auto Debit & Standing Instructions

    Through Recurring Payment Form with the Bank/Recurring Bill Payment Arrangement with the Merchant

    You may issue standing instructions regarding auto-debit from your card for recurring bills by doing one of the following:

    • Download the recurring payment form, fill it, and send it to the bank for processing.
    • Set up an auto-debit arrangement directly with a participating merchant.

    To cancel your standing instruction, get in touch with your merchant directly.

    How to Apply for the Card & Check the Application Status

    Through iBanking/Card & PIN/Online and Follow Up with the Bank

    You can apply in one of the following ways:

    • Use your iBanking login credentials if you’re an existing customer.
    • Apply with your existing card and PIN.
    • If you don’t have an iBanking account or a DBS card, you’ll have to fill the application form and upload supporting documents after accepting the terms and conditions.

    Check the status of your application through phone banking. If you don’t have one, visit a branch or complete the relevant form and send it to the bank for processing.

    How to Check Balance

    Through Phone Banking/iBanking/Digibank/SMS

    You can check your current card balance through:

    • Phone banking.
    • iBanking.
    • Digibank.
    • SMS banking.

    How Can the Bill Be Paid?

    Through VTM/ATMs/Digibank/Cheque/GIRO/SMS/iBanking/AXS

    You can pay your credit card bills in one of the following ways:

    • Video teller machine.
    • DBS/POSB ATM.
    • Digibank.
    • Crossed cheque.
    • SMS banking.
    • Interbank GIRO.
    • iBanking.
    • AXS terminals.

    How Much Is the Minimum Payment to Be Made on the Card?

    3% of the Statement Balance or Min S$50

    Your minimum monthly due is 3% of the outstanding bill for the month, subject to a minimum of S$50. In addition, you’ll also have to pay any balance carried forward from previous billing cycles and amounts used in excess of the approved credit limit.

    What Is the Grace Period?

    20 days

    You’ll enjoy an interest-free period of 20 days from the time of generation of your monthly statement, provided you have no outstanding overdue from the previous billing cycles.

    Which Mobile Wallets Can This Card Be Used With?

    Apple Pay/Samsung Pay/Google Pay

    You can link your card to the following mobile wallets for safe and convenient contactless payments:

    • Apple Pay: Download the app, link your card to it by verifying with a touch ID, and hold it close to the payment reader to complete a transaction.
    • Samsung Pay: By linking your card to this app, you can simply tap or hold it in front of a contactless payment terminal to complete your transaction.
    • Google Pay: If a payment terminal is contactless and compatible with Google Pay, you can use this app, with which you have linked your card, to make payments.

    Can It Be Used With EZ-Link?

    Yes

    You can top up your EZ-Link card by inserting your card in a DBS/POSB ATM terminal. The process is as follows:

    • Select EZ-Link under More Services on the ATM machine after keying in your PIN.
    • Select Top-Up and the card account to be used.
    • Remove your card and enter your EZ-Link card in the correct holder.
    • Key in the top-up amount and confirm the transaction.

    How to Block or Unblock the Card

    Online Using Card and PIN

    You can block or unblock your card instantly through the bank’s website using your card and PIN.

    How to Reset the PIN

    Through iBanking/Online/VTM/Digibank

    Reset your card PIN using any one of the following:

    • Online form.
    • iBanking.
    • Video teller machine.
    • Digibank.

    What Is the Billing Cycle and the Bill Due Date?

    20 Calendar Days for Minimum Payment/1 Month for Full Payment (Can Start on Any Day)

    • The payment due date is 20 day calendar days from your statement date.
    • The minimum due has to be paid by your payment due date.
    • The full outstanding payment is due before your next statement generation date.

    How to Get a Replacement Card

    Through iBanking/Online Form/Call Customer Service

    For a replacement card, do one of the following:

    • Use your iBanking credentials.
    • Complete an online form available on the bank’s website.
    • Call the 24-hour customer service.

    How to Temporarily Increase the Limit of the Card?

    Through iBanking/Online/Advance Payment

    • Apply for a temporary credit limit increase on your card online or using iBanking facility.
    • Reasons available for this increase include travel, hospitalisation, wedding and compassionate.
    • To avoid over limit charges, you’re advised to pay for the additional funds used before the expiry of this temporary arrangement.
    • You can also increase your credit limit by making advance payment to your credit card.
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.