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
S$128.40 (waived for 2 years)
Rewards points on dining
1 DBS point for every S$5
Rewards points on online/retail shopping
1 DBS point for every S$5
Rewards points on grocery
1 DBS point for every S$5
Rewards points on all other retail spends
1 DBS point for every S$5
Complimentary travel insurance
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.
Let Us Illustrate:
Let’s say that you spent S$2,500 on your DBS NUS Mastercard this month. S$450 was spent on eating out, S$700 was spent on groceries, S$650 on online purchases, and the remaining S$700 on all other retail transactions. The points earned per category are:
Other retail spends
Points earned: 500
BIG Points: 1,500 Miles
(A minimum of 500 DBS points is required to convert to BIG Points that can then be converted to AirAsia miles).
KrisFlyer Miles and Asia Miles: 1,000 Miles
(You need a minimum of 5,000 DBS points to redeem them for miles in blocks of 10,000 for KrisFlyer Miles and Asia Miles.)
Redeem Earned Reward Points
Redeem your reward points by:
Logging onto the bank’s online banking portal to choose vouchers for the following:
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.
Type of interest
Instalment Payment Plan
Other fees & Charges
Type of charge
Overseas Transaction Fee
DBS administrative fee: 1.8% of the transaction amount
MasterCard conversion factor: 1% of the converted amount
Late Payment Fee
Outstanding balance up to S$50: No charge
Outstanding balance S$50.01 and higher: S$100
Over Limit Fee
Cash Advance Fee
6% per transaction or S$15, whichever is higher
Supplementary Card Fee
S$77.04 (annual fee waived for 2 years)
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:
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.
Pay your credit card bill in the following ways:
How Much Is the Minimum Payment to Be Made on the Card?
3% of the Outstanding Balance or Min S$50
our minimum payment will either be 3% of your outstanding balance or S$50, whichever amount is higher. You will also be liable to pay any outstanding balance from your past billing cycles and any amount that is exceeding your predefined credit limit.
What Is the Grace Period?
the interest-free period on the DBS NUS Alumni Card is 20 days from the date your monthly statement was generated.
Which Mobile Wallets Can This Card Be Used With?
>Samsung Pay/Apple Pay/Google Pay
link your DBS NUS Alumni Card to following mobile wallets:
Can It Be Used With EZ-Link?
your DBS NUS Alumni Card can be utilised for EZ-Link transactions. However, you will not be eligible to earn any rewards for these transactions.
How to Block or Unblock the Card
Online/Call Customer Service Hotline
you can choose to block or unblock your DBS credit card either through the bank’s website or by calling DBS 24-hour Customer Service Hotline.
How to Reset the PIN
Through iBanking/Online Form/VTM/Digibank
reset your credit card PIN in the following ways:
Video teller machine
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 Date)
Your billing period will vary depending on the number of working days in a month and will be specified on your monthly statement.
The due date for minimum payment is 20 calendar days from the date on which your card statement is generated. For example, if your statement was generated on 5 October, then your payment will be due on 25 October.
The due date for full payment is the date on which your next statement is generated.
How to Get a Replacement Card
Through iBanking/Card & PIN/Online Form/Customer Service Hotline
you can request a replacement card in the following ways:
Through your iBanking credentials
Use your existing card details and PIN
By downloading and submitting an online form via the bank’s website
Call the DBS 24-hour customer service hotline
How to Temporarily Increase the Limit of the Card?
Increase your card’s limit on a temporary basis either through an online form or via your iBanking account.
Temporary increase is only available for these reasons - wedding, travel, hospitalisation, funeral expenses.
Maximum increase of S$4,000 is permitted.
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