The DBS Woman’s World Card offers 5X DBS Points per S$5 on online purchases. The card provides 1X DBS Point per S$5 on other purchases. It includes complimentary e-Commerce Protection on online purchases. The first year annual fee is waived.
Key Features
- 5X DBS Points per S$5 / 2 miles per S$1 on online purchases
- 1X DBS Point per S$5 / 0.4 miles per S$1 on other purchases
- Complimentary e-Commerce Protection
- First year annual fee waiver
DBS Points earned in your first year expire in a year from card application. Subsequent DBS Points earned expire a year from earned date.
Annual Fees, Charges and Interest
| Category | Details |
|---|---|
| Annual Principal Fee | S$163.50 |
| Supplementary Annual Fee | S$81.75 |
| Fee Waiver | First year waived |
| Interest Free Period | 25 days |
| Annual Interest Rate | 27.80% p.a. chargeable on daily basis (subject to compounding) |
| Late Payment Fees | S$100 (For outstanding balance above S$200) |
| Minimum Monthly Repayment | 3.00% or S$50, whichever is greater |
| Foreign Currency Transaction Fee | 3.25% |
| Foreign Check Fee | N/A |
| Cash Advance Transaction Fee | 8% or S$15, whichever is greater |
| Overlimit Fee | S$40 |
Minimum Income Requirements
| Applicant Type | Minimum Income |
|---|---|
| Singaporean/PR | S$30,000 |
| Non-Singaporean | S$45,000 |
Card Association and Wireless Payment
- Mastercard
- Apple Pay
- Samsung Pay
- Google Pay
- Mastercard Contactless
Rewards and Redemption
DBS Points can be redeemed for cashback, FairPrice vouchers, Apple AirPods, fashion, beauty, hotel deals and more. DBS Points conversion into air miles is available via DBS digibank mobile app. DBS Points can be redeemed to pay for online purchases or in-store purchases. DBS Points can be redeemed for cash credits, shopping vouchers, grocery vouchers and dining vouchers.
Pros and Cons
Pros
- Up to 5X DBS Points per S$5 spent on online purchases
- Up to 1X DBS Point per S$5 spent on other purchases
- First year waiver of annual fee
- Complimentary e-Commerce Protection on online purchases
- DBS Points conversion into air miles via DBS digibank mobile app
- DBS Points redemption for cash credits, shopping vouchers, grocery vouchers and dining vouchers
- Exclusive travel bookings promotions with complimentary travel insurance
Cons
- Interest rate of 27.80%
- DBS Points earned in the first year expire in one year
- Minimum spend of at least S$15,000 each year to waive annual fee for following year
Comparison with UOB Lady’s Card and HSBC Revolution Card
| Card | Interest Rate | Annual Fee | Minimum Income | Rewards Benefits |
|---|---|---|---|---|
| DBS Woman’s Card | 27.80% | S$163.50 (First year waived) | S$30,000 (SG/PR) / S$45,000 (foreigners) | 5X DBS Points per S$5 (online), 1X DBS Point per S$5 (others), e-Commerce Protection |
| UOB Lady’s Card | 27.80% | S$196.20 (First year waived) | S$30,000 (SG/PR) / S$40,000 (foreigners) | 10X UNI$ on 7 categories, e-Commerce insurance, travel insurance, UNI$ conversion into air miles, UNI$ redemption for bills and purchases |
| HSBC Revolution Card | 26.90% | None | S$30,000 (SG/PR) / S$40,000 (foreigners) | 10X rewards points (online and contactless), 1X reward point on all others, fuel savings, 1-for-1 ENTERTAINER deals, 10,000 rewards points cap per month |
Application Process
- Apply via MoneySmart’s credit cards page. Application through SingPass MyInfo allows faster approval.
- Provide documents: NRIC or ID, latest payslip, 12 months CPF Contribution History Statement, latest Income Tax Notice of Assessment.
- Receive and activate DBS Woman’s Card via DBS digibank app with OTP verification.
FAQs
Are there any fees if I apply for the DBS Woman’s Card?
Annual fee S$163.50 (first year waived). Other fees include late payment, minimum repayment, foreign currency fee, cash advance fee, overlimit fee.
Am I eligible for the DBS Woman’s Card?
Eligibility: Singapore Citizen or PR aged 21 and above with S$30,000 annual income. Foreigners require S$45,000 annual income.
Conclusion
The DBS Woman’s Card provides 5X DBS Points per S$5 on online purchases, 1X DBS Point per S$5 on other purchases, complimentary e-Commerce Protection and first year annual fee waiver. DBS Points can be redeemed for vouchers, credits, air miles and more. The card includes pros like travel promotions and redemption flexibility, and cons such as high interest, points expiry, and fee waiver conditions.
