Great Deal: Generous S$200 Cashback For New and Existing DBS Cardholders

Update: promo is over

One of the hottest credit card deals is back: get S$200 cashback for spending S$200 at Takashimaya Departmental Store! Picking up Christmas gifts? This is an excellent deal for it, and even existing DBS cardholders can enjoy this deal!

It is practically a sponsored shopping spree, and you have until 31st December 2021 to apply. The last time they ran this promotion, they paused applications before the official end date, so I wouldn’t wait if I were you. Don’t miss this!

Check out the crowdsourced FAQ here.

Promo details

New and existing DBS/POSB cardholders:

  1. Apply for the DBS Takashimaya American Express Card (scroll down the page to find Apply now button; promo code can be left blank)
  2. Spend a minimum of S$200 at Takashimaya Department Store (in person or online) within the first month from card approval
  3. Receive S$200 cashback!

See terms and conditions

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 GiftPromo 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:

Terms and Conditions

For reference only; refer to exact details in terms and conditions

Conclusion

Seems too good to be true, but it’s indeed a S$200 shopping spree at Takashimaya. Many have already gotten their S$200 cashback from the last round which can be spent anywhere (not just Takashimaya) and some have reported that you can even withdraw the S$200 to your bank.

If you haven’t joined in the fun last time round, now it’s the perfect time to do some Christmas shopping for your loved ones… or yourself.

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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