DBS Card Deals: Attractive Sign-up Rewards For New and Existing Cardholders
DBS current slate of offers is pretty interesting… to people like me who find credit card deals interesting, that is. After looking through the offers, I think that you would find something attractive here whether you are a new or existing cardholder.
A Summary of the Current DBS Offers
I have listed the ongoing sign-up promos from DBS in this table below:
| Card | New Cardholders | Existing Cardholders | End Date |
|---|---|---|---|
| DBS yuu | S$300 cashback + S$80 Esso vouchers S$800 min. spend | S$80 Esso vouchers No min. spend! | 18th January 2026 |
| DBS Vantage | Check back for updates | N/A | N/A |
| DBS Altitude | Up to 28,000 bonus miles + 10,000 miles S$800 min. spend | N/A | 1st February 2025 |
| DBS Takashimaya | Choose 1 of 3 Dyson gadgets S$300 min. spend | S$100 cashback S$600 min. spend | 31st January 2026 |
| POSB Everyday Card | S$350 + S$38 cashback S$800 min. spend | N/A | 28th February 2026 |
| DBS LiveFresh | S$270 + S$30 cashback S$800 min. spend | N/A | 28th February 2026 |
For New Cardholders: Miles Rewards Are Bigger
This time, the promos for new cardholders are tilted towards giving out miles, with as much as 85,000 miles for DBS Vantage and 35,000 miles for DBS Altitude. The cashback deals are comparatively much weaker, with just S$150 cashback for the popular DBS yuu card as well as their other cashback cards. I’d encourage cashback people to stay subscribed for updates, but also to look beyond just cashback since miles are simply another form of currency.
Get the DBS Vantage if you can meet the requirements
You can read the individual posts for more details but the short version would be: if you have an annual income requirement of S$120,000, can meet the spend requirement of S$4,000 within 30 days, and are willing to pay the compulsory first-year annual fee of S$599.50, I think the DBS Vantage promo a fantastic offer.
DBS Altitude promo is very easy to meet
Otherwise, the DBS Altitude promo is also very attractive, giving as much as 25,000 miles with just S$800 spend within 60 days. This is perhaps one of the lowest spend amounts for this many miles, and you have a relatively long time to clock this requirement.
You can opt to pay the annual fee of S$196.20 for additional 10,000 miles, but I generally think this is not a great option.
For Existing Cardholders: 40,000 Miles, S$150 and S$60 cashback
Unlike many banks, DBS doesn’t neglect its existing cardholders when it comes to sign-up rewards. There are as many as 3 cards giving existing cardholder of other DBS/POSB cards, and you should definitely take advantage of these deals as much as possible.
DBS Takashimaya Card – S$150 cashback even for existing cardholders!
DBS Takashimaya Card offers as much as S$150 for new or existing cardholders alike! It’s a substantial amount of reward for just S$250 spend at Takashimaya, and particularly generous for existing cardholders. Definitely don’t miss this offer which is slated to end 31st August 2024.
DBS Takashimaya (Amex)
Up to 6% voucher rebates when you shop at Takashimaya Department Store
🎁 New Cardholders
Apply for both the DBS Takashimaya American Express® and DBS Altitude American Express® Cards together and receive a Dyson gift worth up to S$999!
Spend a minimum of S$300 per card within 30 days from Card approval date at Takashimaya* and choose 1:
| Welcome Gift | Promo Code |
|---|---|
| Dyson OnTrac™ Headphones (retailing for S$699) | TA3001 |
| Dyson Supersonic Nural™ Hair Dryer (Ceramic Pink / Rose Gold) (retailing for S$659) | TA3002 |
| Dyson WASHG1™ Wet Floor Cleaner (retailing for S$999) | TA3003 |
After being taken to DBS site, scroll down and look for the Apply Now button in red (near the bottom of the page).
🎁 Existing Cardholders
Apply for DBS Takashimaya American Express® by 31st January 2026 and spend a minimum of S$600 within 30 days from Card approval date at Takashimaya*:
- Get S$100 cashback
After being taken to DBS site, scroll down and look for the Apply Now button in red (near the bottom of the page). Promo code can be left blank for existing cardholders.
⚠️ Important Notes
For new cardholders, make sure you input the correct promo code.
*Qualifying spend includes transactions at:
- Takashimaya Department Store Singapore
- excluding Cold Storage, Food Village, and selected food merchants at B2 Food Hall
- excluding Alteration, Shoe Repair, Dry-cleaning, Delivery, and any other services
- Takashimaya Online Store Singapore
- Participating Specialty Stores in Takashimaya Shopping Centre Singapore
For reference only; refer to exact details in terms and conditions
DBS yuu Amex – S$60 cashback for non-yuu cardholders
The American Express version of DBS yuu gives a S$60 cashback gift for just S$300 of spend. Unfortunately, there is new clause in the terms and conditions this time and if you already have a DBS yuu card, you can’t qualify for this S$60 reward. It’s quite a bummer and also a reminder that existing cardholder welcome offers are rare and often disappearing.
DBS yuu Card
DBS yuu Card is an excellent card that gives up to 18% cash rebates or 10 miles per dollar (in conjunction with the yuu app)
🎁 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
DBS Vantage – 40,000 miles
Even for existing cardholders, I think the DBS Vantage promo is quite worth it. Just taking the annual fee of S$599.50 divided by the 40,000 miles gives a 1.49 cents per mile cost which isn’t great, but definitely not terrible. It’s a lot better after you factor in things like the free hotel night and Priority Pass visits.
DBS Vantage
No promo code required
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🔥 👍🏼
New cardholders
Check back for updates.
Get free Accor Plus Explorer membership with one free hotel night per year! Also get 10 free lounge visits a year via Priority Pass. S$120,000 annual income requirement. Watch the review here
Stay subscribed for more great deals and updates!
Though cashback offers for new cardholders are pretty lacking this month, DBS continues to offer attractive rewards for new and existing cardholders alike. If you like miles, this is a great time to sign up. If not, you might want to hold off a bit, although DBS yuu’s earn rate is so good you may incur quite a bit of opportunity cost by waiting.
Regardless, I suggest subscribing for more updates and promos coming soon!
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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