Earn cash rebates on all transactions and get exclusive access to SAFRA clubhouses and added benefits at SAFRA and DBS merchant establishments on the SAFRA DBS MasterCard.
Get cashback of up to S$30 on the SAFRA DBS MasterCard:
Given below is a list of promotions for SAFRA DBS Mastercard credit card:
Blackmores: Enjoy amazing discounts of up to 50% with your DBS SAFRA MasterCard Credit Card at Blackmores stores across Singapore. The offer is valid on your DBS SAFRA MasterCard till 31 December 2017.
Cluster-Cluster: Enjoy 15% off with your DBS SAFRA MasterCard at Cluster-Cluster stores across Singapore. The promotional offer is valid till 30 September 2017.
Dapper Avenue: DBS SAFRA cardmembers get S$20 cash credits when they use their credit card to make payments. Also, customers can get an additional 5% off on shirts at Dapper Avenue. The offer is valid till 31 December 2017.
Hotel Grand Pacific Singapore: Enjoy 1-for-1 buffet at Hotel Grand Pacific Singapore with your POSB Everyday Card. Visit the Sun’s café for the 1-for-1 dinner buffet or the Peranakan lunch to grab the offer. The dining offer is valid till 30 December 2017.
Toby’s The Dessert Asylum: With your POSB Everyday Card, you get 52% off on Pastas at Toby’s The Dessert Asylum. Also, you can upgrade to a set meal if you wish. The dining offer is valid till 31 August 2017.
Exclusive Access to SAFRA Clubhouses across Singapore:
|Type of fee||Amount payable|
|Annual fee||No annual fee for card holders who remain SAFRA members (SAFRA membership fee will be applicable)|
|Supplementary card fee||No annual fee for card holders who remain SAFRA members (SAFRA membership fee will be applicable)|
|Interest rate||25.90% p.a. (Minimum charge is S$2.50)|
|Late payment charges||S$80 for outstanding balance above S$50|
|Cash advance fee||6% of the withdrawn amount (Minimum charge is S$15)|
|Interest on cash advance||28% p.a. (Minimum charge is S$2.50)|
You can apply for the SAFRA DBS MasterCard online by filling in the online application form, uploading the required documents and submitting it to the bank. To access the online application form, please visit the SAFRA DBS Card webpage of the official DBS Singapore website and click on the option, “Apply Now”.
Please note that all applicants for this credit card must be current SAFRA members. Your application will only be approved if you wish to continue maintaining your SAFRA membership. However, after receiving your new SAFRA DBS MasterCard, you must destroy your old SAFRA membership card as you are allowed to have only 1 valid membership.
If your credit card application for SAFRA DBS MasterCard is not approved by the bank, you will be issued a SAFRA membership card.
The interest charged on the SAFRA DBS MasterCard is 25.90% p.a. The interest rate will compound if you do not make full payments on your closing balances. The interest will be charged on a daily basis from your transaction date and until you make the payment in full. The minimum interest charged is S$2.50. If you pay your closing balance in full by your payment due date, then no interest will be charged on your transactions.
The minimum repayment amount for the SAFRA DBS MasterCard is S$50 or 3% of your outstanding balance + any amount exceeding your credit limit. If you do not make the minimum payment by your payment due date, an additional 3% interest will be added to your interest rate of 25.90% p.a. This interest adjustment will be applicable from your next credit card account statement. Your interest rate will be reinstated to 25.90% p.a. on the first business day of your next statement cycle after you have paid the minimum payment by your payment due date.
If your SAFRA DBS MasterCard is lost, stolen or the PIN has been disclosed to a third party, you must immediately notify DBS Bank regarding the same. Upon successfully notifying the bank regarding the theft, loss or disclosure, you will be liable to pay a maximum amount of S$100 on any unauthorized transactions on your card that occurred before you notified the bank. You will not be liable to pay for any unauthorized transactions on your card after you have notified the bank.
Reporting Lost/Stolen Credit Cards
If you have lost your SAFRA DBS MasterCard or it has been stolen, you must immediately report the same to DBS Bank by calling DBS Customer Service. The DBS credit card hotline number is available on the official DBS Singapore website. You can also request for card replacement when you call DBS Customer Service.
After you have reported the incident to the bank, you must assist the bank in recovering any unauthorized charges made on your card. Additionally, you must also provide DBS with a police report and a written confirmation of the loss/theft/disclosure + any other information requested by the bank. DBS Bank must be satisfied that the loss/theft/disclosure has not been a direct result of your negligence or intent to default.
Runtime – This is an ongoing promotion that is valid until March 31, 2016.
• Apply for the SAFRA DBS MasterCard within the promotion period (March 31, 2016).
• Spend a minimum amount of SGD 500 on your new Credit Card within 1 month of the approval date of your card and receive SGD 80 worth CapitaVouchers.
Terms and Conditions
• Applicants must be existing SAFRA principal members to be eligible to apply for this promotion.
• Applicants who have cancelled their principal SAFRA DBS MasterCard within the last 6 months before the commencement date of the promotion will not be eligible to apply for this promotion.
• For more information on this promotion or for further details on the terms and conditions, please feel free to contact the bank.