DBS Altitude Deal: up to 37,000 Miles For New or Existing Cardholders
Until 31st January 2024, sign up for DBS Altitude and get up to 37,000 miles! The number of miles depends on whether you are a new or existing DBS/POSB cardholder as well whether you pick the American Express or Visa variant of the card.
Promo details
For new cardholders, the American Express version gives the better sign-up reward so I suggest you opt for it. DBS Altitude Visa does give 2 complimentary lounge visits a year which the Amex version doesn’t, but you can always get the Visa version after securing your DBS Altitude Amex sign-up reward.
For existing DBS/POSB cardholders, only the Amex variant gives rewards.
Whether you are a new or existing cardholder, I wouldn’t recommend paying the annual fee for the additional 10,000 miles. S$194.40 for that amount of miles represents 1.94 cents per mile which is quite pricey.
DBS Altitude
Get 1.3 mpd for local spend. Free Priority Pass membership which gives 2 complimentary lounge vists a year (exclusive to Visa version only).
🎁 New Cardholders
Apply as a new cardholder by 31st August 2026, use promo code SINGSAVER, and fill up the SingSaver Rewards Form to choose your gift¹:
HeyMax account required for Max Miles. You can also top up for more gift options. Tap Apply to see more details on the landing page.
Minimum spend of S$500 within 30 days from card approval is required to be eligible for rewards.
⚠️ Important Steps
- Make sure to apply with the promo code and fill up the SingSaver Rewards Redemption Form. No form means no reward, so do not miss this step.
- Maintain valid DBS PayLah! account by the end of the Qualifying Spend period to be eligible for the reward.
- Make a minimum spend of S$500 within 30 days of card approval.
Terms and Conditions: [1]
For reference only; refer to exact details in terms and conditions
Breakdown of miles
DBS inflates the amount of miles you get by using the Altitude’s foreign currency earn rate of 2.2 miles per dollar, so let’s take a look at more realistic scenarios where you spend locally instead.
For a new cardholder who applies for the Amex version with fee waiver, the 27,000 miles is made up of:
- 22,600 bonus miles
- 4,400 miles from S$2,000 overseas spend
If your S$2,000 spend is done in local transactions, you’d get 2,600 miles instead at the 1.3 miles per dollar earn rate. Your total haul would be 25,200 miles instead.
The story is similar for existing cardholders who apply for the Amex card with fee waiver. The 16,000 miles is made up of:
- 11,600 bonus miles
- 4,400 miles from S$2,000 overseas spend
Again, if your spend is made locally, your total haul is 14,200 miles.
These aren’t bad earn rates, but bank marketing tends to inflate numbers so I did the math for more transparency to how much bonus miles you are getting.
Compared to using a 4 or 6 miles per dollar card
Given that the S$2,000 minimum spend can be put on a 4 or even 6 miles per dollar card, is this promo still worth it?
| Miles From S$2,000 Spend | |
| New Cardholder Promo | 25,200 miles |
| Existing Cardholder Promo | 14,200 miles |
| 6 miles per dollar card | 12,000 miles |
| 4 miles per dollar card | 8,000 miles |
This means that even if your S$2,000 spend can earn a high 4 or 6 miles per dollar earn rate from your existing credit card (and there are many situations it will not), it is still worth it to sign up for this promo to get more miles.
Make sure to sign up above and use the appropriate promo codes.
More promos
Get more promos and updates at the Telegram and check out the following promos:
Seth Wee was a licensed financial adviser representative from 2009 to 2025, with over 16 years of experience in Singapore’s financial advisory industry.
He started Sethisfy.com in 2019 to share practical insights on credit cards, banking products, and miles strategies, helping readers identify financial products that deliver the best value. Seth has been featured in CNA, Channel 8, Today, and a host of other publications. In 2025, he was also part of a panel at CPF’s Ready For Life festival.
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