|Type of fee||Amount payable|
|Annual fee||The annual fee of the card is waived for the five years. Subsequent annual fees are S$128.40 per annum.|
|Interest rate||Interest rate charged on card transactions is 25.90% per annum.|
|Late payment charges||Late payment attracts a penalty dependent on the amount of outstanding dues. If outstanding dues are above S$50, then a fee of S$80 is charged. Any dues below this amount does not attract a late fee.|
|Cash advance fee||Cash advance fee is 6% of the amount withdrawn and is subject to a minimum fee of S$15.|
Those transactions carried out in foreign currencies are charged a foreign currency fee. If transactions are made in US Dollars, then it is converted into Singaporean Dollars and if transactions are made in any other currency apart from US Dollars, it is first converted into US Dollars and then into Singaporean Dollars. Conversions are undertaken with the prevailing rate of exchange during the time of posting the transaction and not at the time of making it. The fee charged is an administrative fee of 2.65% of the converted Singaporean Dollar amount plus an additional fee of 1% of the converted Singaporean Dollar amount charged on conversions undertaken by Visa/MasterCard transactions or a fee of 0.6% of the converted Singaporean Dollar amount charged on conversions undertaken by UnionPay. If transactions are converted into Singaporean Dollars using Dynamic Currency Conversion, then the fee charged is 2.8% of the converted Singaporean Dollar amount which is inclusive of a 1% charge imposed by Visa/MasterCard. If transactions are carried out overseas but effected in Singaporean Dollars, then the fee is 2.8% on the converted Singaporean Dollar amount inclusive of the 1% charge imposed by Visa/MasterCard
The DBS Live Fresh card charges an interest of 25.90% per annum on all card transactions. Failure to make minimum monthly payments on time results in an interest of 3% being charged in addition to the prevailing interest rates. Cardholders should check prevailing interest rates with DBS as they are subject to change as per discretion of the bank.
The DBS Live Fresh card requires cardholders to make a minimum monthly payment of 3% of the current balance or S$50, whichever is higher. If the credit limit has been exceeded, the excess amount has to be paid in addition to the minimum monthly payment.
DBS Live Fresh cardholders should notify DBS immediately if they have lost their card or have had it stolen. Doing so at the earliest or upon discovery of the loss or theft limits the liability of the cardholder to S$100 provided DBS is satisfied that the loss or theft did not occur due to sheer negligence on part of the cardholder.
DBS has teamed up with Mark Ong to redesign the Live Fresh Credit Cards for its new members. If you apply for this credit card by 31 March 2018, you can win either a pair of designer Nike Air Force 1 sneakers or a customised G-Shock watch by Mr. Sabotage.
09th January 2018
Runtime - It is an ongoing offer and it will continue till 31st December, 2015.
Particulars - Avail 6 percent cashback on all your online purchases or book travel tickets when you use the DBS Live Fresh Visa Card to pay the bills.
Terms and Conditions - Please, contact the bank for more information on the terms and conditions.