New Deals: S$388 For DBS/POSB Cards and S$300 or Gadgets For OCBC
Two banks have recently refreshed offers – get an all-time high cashback reward of S$388 for eligible DBS/POSB credit cards and/or S$300 cash for OCBC credit cards! With OCBC, you can opt for pricey gadgets instead so take a pick of what catches your fancy.
S$388 cashback for DBS LiveFresh or POSB Everyday
DBS LiveFresh was my go-to card for a bit until UOB EVOL took over, but this generous sign-up offer tilts the playing field severely. As far as DBS promos go, S$388 is the highest I can remember over the past few years and there’s no better time to get your first DBS/POSB card if you are a new cardholder (or cancelled your last one more than 12 months ago).
💳 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.
POSB Everyday is another card you can consider, and either promo requires you to enter the appropriate promo code SC388. After getting your first DBS/POSB card, check out other DBS cards which offer even existing cardholders rewards for signing up.
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:
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:
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
S$300 cash or gadgets to pick from for OCBC cards
On the OCBC side of things, S$300 cash is currently being offered across 4 eligible credit cards. For a months now, only OCBC 365 got the higher cash rewards, so now is a good time to pick up one of the other cards if OCBC 365 isn’t your kind of thing.
There are also multiple gift options to consider. OCBC 365 still has flashier gadgets like iPads, Dyson Supersonic or Nintendo Switch, while the other eligible OCBC cards offer a travel bundle and ergonomic office chair.
💳 A new OCBC cardholder refers to those who do not currently have a principal OCBC credit card, and have not cancelled any in the past 12 months. Refer to the terms and conditions for specific terms.
OCBC 365
Get between 3 to 6% cashback on groceries, petrol, dining etc. It gives bonus interest with OCBC 360 Account.
🎁 New Cardholders
Apply by 2nd August 2026 and choose 1:
| OCBC 365 & Infinity | OCBC 90°N & Rewards |
|---|---|
| Additional gift choices for OCBC 365/Infinity 🎁 Dyson V8 Cyclone cordless vacuum (retailing S$559) | Additional gift choices for OCBC 90°N /Rewards: ✈️ 20,000 Miles |
Minimum spend of S$400 within 30 days from card approval required. Don’t like the gifts? Tap Apply button to see other gift options you can get.
⚠️ Important Steps
- Tap link and enter email address to start the application process (you may need to turn off content blockers)
- Complete application on bank’s website
- Fill up SingSaver Rewards Redemption Form
- Make minimum spend of S$400 within 30 days from card approval
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:
Credit card rewards are substantial
If you’re new to the site, credit card rewards can add up substantially both in sign-up and spend rewards. Stay subscribed for more great deals and personal finance content coming in 2024, and check out other posts while you’re here.
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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