Great Deal: Get S$300 Cashback With DBS Card Sign-up Offer

Last Updated: 15th June 2025

Want S$300? Get exactly that when you sign up for an eligible DBS card as a new cardholder and meet the spend requirements! It’s a great deal after a pretty lengthy absence of sign-up offers for the bank’s cashback cards. The deal has been extended until 31st July 2025!

💳 A new DBS/POSB Cardmember refer to those who do not currently have a principal credit card with DBS or POSB, and have not cancelled any in the past 12 months. Refer to the terms and conditions for exact requirements.

Promo Details

4 cards are eligible for this promo: DBS yuu (either Visa or Amex versions), POSB Everyday, and DBS LiveFresh.

Card of the Year DBS yuu is an easy pick with its generous earn rates, but DBS LiveFresh could be a possible option too if your spend fits within its eligible categories of shopping.

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:

  • S$500 Grab Vouchers
  • Dyson Airstrait (retailing S$799)
  • Dyson TP10 (retailing S$599)

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 Live Fresh

Get 6% cashback on shopping and public transportation with S$800 minimum spend.

💱 0 forex fees

Spend at least S$800 within a month and get bonus 3.25% cashback on selected Asian currencies to offset the forex fees! Terms and conditions apply

🎁 New Cardholders

Apply as a new cardholder by 15th July 2026, use promo code SINGSAVER, and fill up the SingSaver Rewards Form to choose your gift¹:

  • S$340 eCapitaVouchers
  • Sony WF-1000XM6 Earbuds (retailing S$479)
  • Dyson TP10 (retailing S$599)

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.

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

POSB Everyday

Get up to 10% cash rebates on dining, Malaysian Ringgit in-store spends, and bus and train rides with SImplyGo

🎁 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:

  • S$500 Grab Vouchers
  • Dyson Airstrait (retailing S$799)
  • Dyson TP10 (retailing S$599)

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

What to spend on?

You need to meet the minimum spend to qualify for rewards. Do note that there are transactions which are excluded. Read the terms and conditions carefully when applying.

Generally, retail transactions like buying stuff or dining out are very safe. Things like bill payments, education expenses and CardUp or ipaymy become a lot iffier and depends on the bank your card is from.

Do check out this article on what you can spend on to meet the minimum spend:

Get S$450 or 26,000 Max Miles upsized S$500 or 28,000 Max Miles with HSBC Cards! Limited time only, tap here to see eligible cards

Stacking with credit limit increase promo

After you get your card, you should also be able to get another S$20 just by increasing your credit limit with DBS. This ends 30th June 2025:

How I would clock the spend requirement

If I were a new cardholder, I’d pick the Visa version of DBS yuu card as it is more widely accepted than the Amex variant. It’s relatively easy to max out the S$600 spend requirement of the DBS yuu for its 36X yuu Points earn rate which is a whopping 18% rebates or 10 miles per dollar.

60 days is plenty of time to spread your spending across 2 months, so I would clock S$600 in a month, then another S$600 in the next month:

MonthSpend AmountRewards
Month 1S$60021,600 yuu Points
(S$108 rebates or 6,000 miles)
Month 2S$60021,600 yuu Points
(S$108 rebates or 6,000 miles)
Total: 43,200 yuu Points (S$216 rebates or 12,000 miles)
+ S$300 sign-up gift

That’s a lot of added rebates on top of your S$300 sign-up gift!

Even if you do S$600 in Month 1 and S$200 in Month 2, you still get 10X points for not reaching S$600 of minimum spend:

MonthSpend AmountRewards
Month 1S$60021,600 yuu Points
(S$108 rebates or 6,000 miles)
Month 2S$2002,000 yuu Points
(S$10 rebates or 555 miles)
Total: 23,600 yuu Points (S$118 rebates or 6,555 miles)
+ S$300 sign-up gift

More tips: vouchers still work, cash out your cashback gift

Buying Dairy Farm vouchers for use at Giant, Cold Storage, 7-11 etc. still works to earn DBS yuu’s 18% rebates or 10 miles per dollar earn rate and therefore also counts towards the spend requirement for this promo.

Subscribe to the Telegram to be notified when this stops working as it will certainly be big news if it does happen.

Also, check out this article on how to cash out your cashback gift once it is credited by the bank.

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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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Disclaimer: I may receive an affiliate/referral fee when you sign up for services/products on this site, and such fees keep the site running. I would only recommend services/products I would personally use or recommend to my own friends and family, but I do not provide any warranty or guarantee for the quality of these services/products. Thank you for supporting my site!

Please exercise due diligence when signing up for any service/product as I will not be liable for any personal loss, financial or otherwise. Content published here are my sole views and personal opinion, and none of the information here constitutes personal financial advice nor represents the views of my employer(s).

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