Excellent Deal: Get $150 Cashback with DBS Takashimaya Card, Even for Existing DBS Cardholders!!
Here’s a really great deal: get $150 cashback with a minimum spend of $350 per month (except for Takashimaya transactions) for 2 months when you apply for a DBS Takashimaya American Express® Card!
With HSBC, StanChart, and Citi offering anywhere between $280 to $350, what makes $150 cashback an excellent deal? Unlike those offers which are only for new-to-bank customers, this is open even for existing DBS cardholders!
Spend on practically anything… excluding Takashimaya transactions
The spending can be made anywhere except Takashimaya’s online and physical departmental store. To be clear, you can spend it on your everyday expenses, be it your taxi rides, food deliveries… even shopping at rival departmental stores as long as it’s not in Takashimaya.
This is a little strange and very different from previous times this promo ran. I can’t say I get the logic of this sign-up promo, but this is infinitely more useful for many people who don’t normally shop at Takashimaya.
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
Exclusions
The exclusions are brief:
- Takashimaya Department Store
- Takashimaya Department Store Online Store
- Interest, finance charges, cash withdrawal, smart cash, instalment payment plans, my preferred payment plans, balance transfer, fund transfer, refunds, cash advances, annual fees, interest, late payment charges, all fees charged by DBS, miscellaneous charges imposed by DBS (unless otherwise stated in writing by DBS)
- Any other transaction effected via any medium or channel, electronic or otherwise, which transaction, medium or channel DBS Bank may in its sole and absolute discretion choose to disallow
The last point is a catch-all statement which is a little vague, so I probably wouldn’t be spending the $350 on usual exclusions like Grab top-ups. If you have any funny, weird, or strange transactions you’re unsure would qualify, do call up the DBS hotline. My experience with them has been quite pleasant as the customer service reps are generally knowledgeable about the promos that are running (apparently something very rare when it comes to bank support hotlines), and follow up promptly to resolve issues.
Conclusion
This promo is an excellent deal particularly for existing DBS cardholders. The previous time DBS had a promo for its Takashimaya card, it was restricted only to Takashimaya which posed a challenge for many who wondered what to buy at the departmental store. No such issues this time, and if you’ve sat out the previous couple of promos because you have nothing to buy at Takashimaya, this is the one you’ve been waiting for.
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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Nice. When does this expire?
Really nice indeed. DBS states that it’s until 30th June.