DBS NUS Alumni Card For Earning Reward Points: Review

The DBS NUS Alumni Mastercard is a credit card that allows you to give back to your alma mater. Here are its highlights:

• DBS will make a contribution to NUS for awards and student grants every time you charge a transaction to your card.
• Get entertainment, shopping, and wellness discounts from exclusive NUS partners if you’re an alumni.
• Get 1 DBS Point for every $$5 you spend on your card.

Best suited to: Graduates of the National University of Singapore who are looking to give back to their university as well as earn points on every transaction that they make.

Key Features & Benefits

Additional Benefits?

• Enjoy privileges on campus such as a 20% discount on the rental amount at Shaw Foundation Alumni House as part of AlumNUS exclusives.
• Get a 10% discount on entry tickets to the Lee Kong Chian Natural History Museum.
• Get 5% off all NUS-branded items.
• Get complimentary entry to al NUS Libraries.
• Enjoy healthcare benefits at Raffles Medical at discounted rates.
• Enjoy special promotional offers across categories on your DBS NUS Alumni Mastercard. Check the dedicated page on our website for the latest promotions.

Earn Rewards Points

• The DBS points earned will be rounded off to the nearest whole number and credited to your account.
• The points will be credited the day after the retail purchase is charged to your card.
• All points earned on supplementary card(s) will be credited to the main card account.
• View the points awarded on your card statement.
• The points earned in the first year will expire within 12 months from the date of card approval. Thereafter, points will expire within a year of them being earned.
• Points earned can be converted to KrisFlyer miles, Asia Miles, and BIG Points by joining DBS’ Frequent Flyer Programme.

Redeem Earned Reward Points

Redeem your reward points by:

• Logging onto the bank’s online banking portal to choose vouchers for the following:
• Dining.
• Shopping.
• Movie discounts, and more.
• By calling the DBS helpline. Redeeming points through telephone will require 15% more points than the normal.
• By choosing the “Pay with DBS Points” option for online purchases.
• By converting points to miles from Singapore Airlines and AirAsia or to BIG Points as part of AirAsia’s Freedom Flyer Programme.

If you redeem points for a voucher:

• A hard copy of the voucher will be mailed to your registered address.
• Present it along with your DBS card and NRIC number to the participating merchant.

Interest Rate

Other fees & Charges

Activating the Card For Overseas Use

• The magnetic stripe of your card has to be activated for carrying out retail transactions at non-EMV POS terminals abroad.
• Activate your card through any of the following methods:
• SMS
• DBS/POSB iBanking
• DBS/POSB Digibank app
• Any DBS/POSB ATM
• Deactivate the magnetic stripe on your card as soon as you return to Singapore. This is in line with credit card security best practices.

Instalment Payment Plans

• Convert big-ticket purchases, charged to your card, into small, affordable instalments with the My Preferred Payment Plan.
• Split the payment into equal monthly instalments for up to 12 months.
• 0% interest will apply only if you make instalment payments in full within 12 months.
• A one-time processing fee will apply.
• The effective interest rate (EIR) for 18 months or 24 months will be 7.86% p.a. and 5.98% p.a. Respectively. A one-time processing fee of 6% will apply on both these tenures.
• Spend at least S$100 if you want to opt for this plan.
• Up to 10 separate transactions can be combined under a single My Preferred Payment Plan.
• No DBS points will be awarded for transactions related to this payment plan.

Cash Withdrawn on Credit card

• Withdraw cash with your card to meet urgent cash shortfalls. The withdrawal would, however, be subject to the credit limit available on your card.
• There is no daily minimum withdrawal limit.
• The daily maximum withdrawal limit stands at S$3,000 for cash withdrawals made from DBS/POSB ATMs.

Card is Lost/Stolen

• Notify DBS immediately by calling the customer service hotline.
• File a report with the police and submit a copy of the same to the bank, if asked for.
• Provide a letter detailing the incident and other documents asked for by the bank.
• Your liability for any unauthorised transaction made with your card will be limited to S$100, provided:
• You were not involved in the fraud as per the bank’s assessment.
• You were not grossly negligent while handling your card as per the bank’s assessment.
• You have complied with all the other requirements of the bank.

Many banks do not provide all the credit card details on a single page and often customers have to wade through different pages. However, on our site, you’ll find all you want to know on one page.