Are you a student in Singapore looking for a credit card that caters to your needs? Look no further than the DBS Live Fresh Student Card. This credit card is designed specifically for students, offering exclusive benefits and rewards that can help you save money while enjoying the things you love.
With no minimum income requirement and a credit limit of $500, this card is accessible to students from all walks of life. Plus, it is made from 85.5% recycled plastic, making it the first-ever eco-friendly credit card in Singapore. You can feel good about using it while enjoying the benefits it provides.
In this article, we will explore the features and benefits of the DBS Live Fresh Student Card. We will also provide tips on how to maximize your card usage and answer frequently asked questions. By the end of this article, you will have a better understanding of whether this credit card is right for you.
Key Takeaways
- The DBS Live Fresh Student Card is an exclusive credit card designed for students in Singapore, offering benefits and rewards that can help you save money while enjoying the things you love.
- With no minimum income requirement and a credit limit of $500, this card is accessible to all students. Plus, it is eco-friendly, made from 85.5% recycled plastic.
- To make the most of your card, take advantage of the exclusive benefits and rewards, and use it responsibly to build your credit history.
Understanding the DBS Live Fresh Student Card
If you’re a student in Singapore looking for a credit card that offers cashback rewards and is eco-friendly, then the DBS Live Fresh Student Card might be just what you need. This credit card is made from 85.5% recycled plastic, making it the first-ever eco-friendly credit card in Singapore. Here’s what you need to know about the key features and eligibility requirements of the DBS Live Fresh Student Card.
Key Features
The DBS Live Fresh Student Card offers a range of features that are designed to make student life more rewarding. With this card, you can enjoy 5% cashback on your favourite brands such as McDonald’s, Starbucks, Netflix, and more. You can also earn 1% cashback on all other spend with no minimum spend requirement. Additionally, the card comes with an annual fee waiver, making it a great option for students who are looking to save money.
Eligibility Requirements
To be eligible for the DBS Live Fresh Student Card, you must be a student in Singapore aged 18 years or older. You do not need to have a minimum income requirement, making it an excellent option for students who are just starting out. To apply for the card, you will need to provide proof of your student status, such as a student ID or a letter from your school.
Overall, the DBS Live Fresh Student Card is an excellent option for students in Singapore who are looking for an eco-friendly credit card that offers cashback rewards. With its range of features and eligibility requirements, it’s a great way to make student life more rewarding.
Exclusive Benefits and Rewards
As a student, you can benefit from a range of exclusive rewards and incentives by using the DBS Live Fresh Student Card. This eco-friendly card is designed to cater to your needs and lifestyle, making it an ideal choice for students in Singapore.
Cashback and Discounts
With the DBS Live Fresh Student Card, you can enjoy cashback rewards on your everyday spending. You can earn 5% cashback on McDonald’s, Starbucks, and Netflix, and an additional 5% Green Cashback on selected eco-eateries, retailers, and transport services. This means you can save money while enjoying your favourite meals and activities.
Moreover, you can get up to 10% cashback on online and overseas transactions through ShopBack. This means that you can shop from your favourite online stores and earn cashback rewards at the same time.
Eco-Friendly Incentives
The DBS Live Fresh Student Card is Singapore’s first eco-friendly card, and it comes with a range of incentives to encourage sustainable living. You can earn 0.3% cashback on all other spend when you make purchases from eco-friendly merchants. You can also join the Live Fresh Club, which is an exclusive community of like-minded individuals who are committed to living sustainably.
By using the DBS Live Fresh Student Card, you can contribute to a greener future while enjoying exclusive benefits and rewards. So, why not get your card today and start enjoying the perks?
Financial Practicalities
When it comes to managing your finances as a student, it’s important to choose a credit card that fits your needs. The DBS Live Fresh Student Card is a great option for students in Singapore who want to earn cashback rewards on their purchases. In this section, we’ll take a closer look at the financial practicalities of using this card.
Fees and Charges
One of the most important things to consider when choosing a credit card is the fees and charges. With the DBS Live Fresh Student Card, you’ll enjoy an annual fee waiver for the first year. After that, the annual fee is $128.40, but this can be waived if you spend at least $12,000 in a year.
There are also late payment fees and finance charges to consider. If you miss a payment, you’ll be charged a late fee of $100. The finance charge for this card is 25.9% per annum, which is higher than some other credit cards, so it’s important to pay your balance in full each month.
Interest and Credit Limit
The DBS Live Fresh Student Card has a credit limit of $500, which is a good starting point for students who are just getting started with credit cards. The interest rate for this card is 25.9% per annum, which is high compared to some other credit cards. However, if you pay your balance in full each month, you won’t have to worry about paying interest.
Overall, the DBS Live Fresh Student Card is a great option for students who want to earn cashback rewards on their purchases. With an annual fee waiver for the first year, a $500 credit limit, and up to 5% cashback on your purchases, this card can help you save money while you’re studying. Just be sure to pay your balance in full each month to avoid paying high interest charges.
Lifestyle and Convenience
As a student, you want to enjoy life without breaking the bank. The DBS Live Fresh Student Card offers you the lifestyle and convenience you need to make the most of your time in Singapore.
Dining and Entertainment
With the DBS Live Fresh Student Card, you can enjoy up to 5% cashback on dining and entertainment. This includes popular outlets such as McDonald’s, Starbucks, and Netflix. You can also enjoy cashback on other popular entertainment options such as Spotify and Fortnite.
The card is perfect for those who love to dine out or enjoy a night out with friends. You can also use it for online food delivery services such as McDelivery.
Travel and Transport
The DBS Live Fresh Student Card also offers great benefits for those who travel frequently. You can enjoy cashback on contactless spend, EZ-link top-ups, and SimplyGo. This means you can use your card for public transport without having to worry about having enough cash or topping up your card.
The card also offers cashback on selected eco-eateries, retailers, and transport services. This is perfect for those who are conscious about their carbon footprint and want to support eco-friendly businesses.
In conclusion, the DBS Live Fresh Student Card is a great option for students who want to enjoy life in Singapore without breaking the bank. With cashback on dining, entertainment, travel, and transport, this card offers you the lifestyle and convenience you need to make the most of your time in Singapore.
How to Maximise Your Card Usage
If you’re a student in Singapore, the DBS Live Fresh Student Card is a great way to earn cashback while you shop, eat, and spend online. Here are some tips to help you maximise your card usage:
Smart Spending Tips
To earn the most cashback with your DBS Live Fresh Student Card, it’s important to spend wisely. Here are some smart spending tips:
- Shop at participating merchants: DBS Live Fresh Student Card offers cashback for spending at participating merchants. Keep an eye out for the green cashback logo at participating retailers and merchants. You can earn up to 5% cashback on your spending.
- Use contactless payment: With your DBS Live Fresh Student Card, you can make contactless payments for transactions up to $100. This means you can pay for your purchases quickly and easily, without having to enter your PIN. Just tap your card on the payment terminal, and you’re done.
- Keep track of your spending: To avoid exceeding your monthly cashback cap, keep track of your spending. You can check your cashback balance anytime on the DBS mobile app or through internet banking.
Utilising Promotions and Deals
DBS Live Fresh Student Card offers a range of promotions and deals that can help you earn even more cashback. Here are some ways to take advantage of these promotions:
- Check for online shopping promotions: DBS Live Fresh Student Card often offers promotions for online shopping. Keep an eye out for these promotions, as they can help you earn extra cashback when you shop online.
- Look for dining deals: DBS Live Fresh Student Card offers dining deals at various restaurants and cafes. These deals can help you save money on your meals while earning cashback at the same time.
- Utilise retail promotions: DBS Live Fresh Student Card offers promotions at various retailers. These promotions can help you save money on your shopping while earning cashback at the same time.
By following these tips, you can maximise your cashback earnings with your DBS Live Fresh Student Card. Happy shopping!
Frequently Asked Questions
What are the exciting benefits of owning a DBS Live Fresh Student Card?
Owning a DBS Live Fresh Student Card comes with a host of exciting benefits. For starters, the card is made from 85.5% recycled plastic, making it the first-ever eco-friendly credit card in Singapore. Additionally, the card offers attractive cashback rewards of up to 5% on purchases made at popular merchants such as McDonald’s, Starbucks, Netflix, and more. The card also provides discounts on popular online shopping sites such as Lazada and Zalora.
How can one apply for a DBS Live Fresh Student Card, and what are the requirements?
To apply for a DBS Live Fresh Student Card, you need to be a student in Singapore aged 18 years or older. You can apply for the card online through the DBS website or by visiting any DBS branch. The application process is straightforward and requires you to submit some basic personal and financial information.
What is the credit limit offered with the DBS Live Fresh Student Card?
The DBS Live Fresh Student Card comes with a credit limit of up to $500. This limit is designed to help students manage their finances responsibly while still enjoying the benefits of owning a credit card.
Are students in Singapore eligible for a credit card, and at what age can they apply?
Yes, students in Singapore are eligible for credit cards, provided they meet the eligibility criteria set by the banks. In general, students aged 18 years or older can apply for credit cards in Singapore.
How does the DBS Live Fresh Student Card compare to other student credit cards in Singapore?
The DBS Live Fresh Student Card is one of the best student credit cards in Singapore. It offers attractive cashback rewards, discounts on popular merchants, and an eco-friendly design. Additionally, the card comes with no minimum spend or income requirements, making it an accessible choice for students.
Is the DBS Live Fresh Student Card considered a worthwhile choice for students?
Yes, the DBS Live Fresh Student Card is considered a worthwhile choice for students. The card offers a range of exciting benefits, including cashback rewards and discounts on popular merchants. Additionally, the card is eco-friendly and comes with no minimum spend or income requirements, making it an accessible choice for students looking to manage their finances responsibly.