DBS Bank 5X Rewards SuperCard

Here’s why this rewards credit card is a good pick:

Joining Fee	₹499
Annual Fee	₹499 - Waived off on spending ₹50,000 or more in the preceding year
Suitable for	Boosted rewards on shopping and regular transactions
Key Feature	10X reward points on eligible transactions on the mobile app and 18 cash points for every ₹200 spent
Joining Bonus	2,000 reward points*

The DBS Bank rewards program allows you to redeem points against e-vouchers, shopping, and hotel and flight bookings. You can even pay your credit card bill with the points you have earned. DBS Bank reward points are termed ‘cash points’, which you can redeem in the following ways:

• Log in to the DBS Cards+ IN App

• Visit the DBS Delights portal 

 

Here is how the rewards program works for the DBS Bank 5X Rewards SuperCard:

A. Reward Points 

• You get 10X reward points on all transactions done on the rewards platform via the mobile app, except flight tickets

• You also get an additional 18 points, up to 3,000 per month, for every ₹200 you spend

 

Here is an example :

Disclaimer: The above example is for illustration purposes only. 

 

• You get 5X reward points on eligible transactions when you spend ₹10,000 in a month 

• Moreover, you get 8 extra points up to 3,000 per month for every ₹200 spent thereafter

• While calculating ₹10,000 milestone spends on your card, cash withdrawals and fuel spends will be counted but will not be rewarded

• Rental spends, wallet loading, and utility bill payments do not apply in any way  

 

Here is an example:

Disclaimer: The above example is for illustration purposes only. 

 

• You also earn 2X reward points on every ₹200 spent, except on cash withdrawals, wallet loading, utility spends, rental spends, and fuel spends. In the above example, the ₹10,000 milestone has already been crossed, hence, this is not applicable.

B. Redemption Process

You can redeem your points across dining, entertainment, wellness, charity, and more. A rewards redemption fee of ₹99 is applicable on each redemption. Make sure that you pay your full credit card bill in up to five days after its due date to ensure your redemption privilege is not restricted. 

C. Expiration 

Unless specified otherwise, all the reward points you earn are valid only for 24 months after you earn them. The cash value of 1 cash point = ₹0.25.

D: Example of Savings

Referring to the above examples, here is a how  your annual expenses and savings will look like: 

Disclaimer: The above example is for illustration purposes only. The actual rewards and savings may vary based on the policies of the issuer and on the timely payment of credit card dues. Please check with the card issuer before applying. 

Adding in the annual fee waiver in the second year, as well as accelerated points, your savings can cross ₹7,000 in a year. 

These are the fees you are likely to incur while using this co-branded card:

Note: A Goods & Services Tax (GST) of 18% is applicable on all the charges mentioned above.

 

Disclaimer: These fees and charges are subject to change at the discretion of the issuer. Before applying, check the issuer’s Most Important Terms and Conditions (MITC) document to verify.

Check the DBS Bank 5X Rewards SuperCard eligibility terms to confirm that you meet them. To qualify, you need to be:

• Aged between 21 and 70 years 

• Creditworthy with a credit score of 720 and above

• An Indian with an address in a serviceable area 

• Salaried or self-employed with a stable income
  

Here is a list of general documents you can keep ready to ensure a quick application process: 

• Identity Proof:

  • Aadhaar card

  • PAN card

It is best to keep even the following documents handy, in case required:

• Address Proof:

  • Ration card

  • Utility bill (electricity, phone, water)

• Income Proof:

  • Income Tax Returns (ITR)/ Form 16/ Latest salary slips

The DBS Bank 5X Rewards SuperCard is not available on Bajaj Markets. You can head to the official website of DBS Bank or Bajaj Finserv to apply for the same.

If you have any questions, reach out to DBS Bank's credit card service team via phone or email:

• Call the 24/7 helpline number at 1860 267 6789 or +9144 69046789 if you are overseas 

• Email supercardcare@dbs.com