If you are looking for a credit card that offers a great rewards program and air miles, the DBS Woman’s World Card may be the perfect fit for you. This credit card is designed for both men and women and offers an attractive 10X Points program for online spend, annual fee waiver, Agoda staycation deals, and other promotions. In this article, we will provide you with an in-depth review of the DBS Woman’s World Card, including its key features and benefits, costs, eligibility and application process, rewards program insights, additional card features, and frequently asked questions.
The DBS Woman’s World Card is a credit card that is designed to cater to the needs of both men and women. It is an excellent choice for those who love to shop online, as it offers a generous rewards program that allows you to earn up to 10X points for every dollar spent on online purchases. The card also comes with an annual fee waiver, which means that you won’t have to pay any fees for the first year of usage. Additionally, the DBS Woman’s World Card offers Agoda staycation deals, which can be a great way to save money on your next holiday.
If you are interested in applying for the DBS Woman’s World Card, it is important to understand the costs associated with the card. The card comes with a 3.25% foreign currency transaction fee, which means that you will be charged this fee for any transactions that are made in a foreign currency. Additionally, the card has an annual fee of $192.60, which is waived for the first year. To be eligible for the DBS Woman’s World Card, you must be at least 21 years old and have an annual income of at least $80,000.
Key Features and Benefits
If you’re looking for a credit card that rewards you for your online spending, the DBS Woman’s World Card might be the perfect fit for you. Here are some of the key features and benefits of this card:
Generous Rewards on Online Spend
With the DBS Woman’s World Card, you can earn up to 4 miles per dollar (mpd) on all online spend, with a monthly cap of $2,000. This means that you can earn up to 8,000 miles per month, which is equivalent to 32,000 miles per year. This makes it one of the best credit cards in Singapore for online transactions.
Travel and Miles Perks
The DBS Woman’s World Card also offers a range of travel and miles perks. For example, you can earn 3 miles per dollar on all foreign currency spend, and 1.2 miles per dollar on local spend. You can also earn bonus miles when you spend with selected travel partners, such as Agoda and Expedia.
In addition, you can redeem your DBS Points for KrisFlyer miles, Asia Miles, Qantas Points, or AirAsia BIG Points. This gives you the flexibility to choose the airline loyalty programme that suits you best.
Exclusive Shopping and Lifestyle Offers
The DBS Woman’s World Card also comes with a range of exclusive shopping and lifestyle offers. For example, you can enjoy discounts and privileges at selected merchants, such as Robinsons and Zalora. You can also enjoy complimentary access to selected airport lounges, and travel insurance coverage when you charge your travel expenses to your card.
Overall, the DBS Woman’s World Card is a great credit card for women and men who want to earn rewards on their online spending, as well as enjoy a range of travel and lifestyle perks. With its generous earn rate and flexible redemption options, it’s definitely worth considering if you’re in the market for a new credit card.
Understanding the Costs
When choosing a credit card, it’s important to understand the costs associated with it. In this section, we’ll take a closer look at the costs associated with the DBS Woman’s World Card.
Annual Fee and Waivers
The annual fee for the DBS Woman’s World Card is $192.60. However, the fee is waived for the first year. To continue enjoying the waiver, you’ll need to spend a minimum of $25,000 per year on your card. This is a great way to save money and make the most of your card.
Interest Rates and Charges
The annual interest rate for the DBS Woman’s World Card is 26.80%. This is a relatively high rate, so it’s important to pay your balance in full each month to avoid interest charges.
Late payment charges are $100, while cash advance fees are 6% of the amount withdrawn or $15, whichever is higher. Overlimit fees are $40, while foreign currency transaction fees are 3% of the transaction amount.
It’s important to note that the minimum monthly payment on your card is 3% of the outstanding balance or $50, whichever is higher. It’s always best to pay more than the minimum to avoid interest charges and pay off your balance faster.
Overall, the DBS Woman’s World Card is a great option for those looking for a rewards credit card. While there are costs associated with the card, the rewards and benefits can outweigh them if used responsibly.
Eligibility and Application Process
If you’re looking to apply for the DBS Woman’s World Card, there are a few things you need to know about the eligibility criteria and application process.
Income and Credit Requirements
One of the most notable requirements for this card is the high income requirement. To be eligible for the DBS Woman’s World Card, you must have a minimum annual income of $80,000. This means that if you don’t meet this requirement, you won’t be able to apply for the card.
In addition to the income requirement, you’ll also need to have a good credit score. This is because the bank will want to ensure that you have a good track record of managing credit before they approve your application.
Necessary Documentation
When you’re ready to apply for the DBS Woman’s World Card, you’ll need to provide some documentation to support your application. This will include proof of income, such as your latest payslip or income tax statement. You’ll also need to provide your NRIC or passport, and a recent utility bill as proof of address.
It’s important to note that the bank may ask for additional documentation if they need more information to process your application. So, it’s a good idea to have all your documents ready in advance to avoid any delays in the application process.
Overall, the application process for the DBS Woman’s World Card is straightforward. However, it’s important to ensure that you meet the eligibility criteria and have all the necessary documentation before you apply.
Rewards Program Insights
As a DBS Woman’s World Card holder, you’ll earn DBS Points for every dollar you spend. These points can be redeemed for a variety of rewards, including airline miles, vouchers, and cashback. Here are some insights to help you make the most of your rewards program:
Redeeming Points for Maximum Value
When it comes to redeeming your DBS Points, the best value is usually found in airline miles. You can transfer your DBS Points to various airline loyalty programs, including KrisFlyer and Asia Miles. This allows you to redeem your points for flights, upgrades, and other travel-related expenses. Keep in mind that the transfer ratios vary between programs, so be sure to check the latest rates before making a transfer.
If you’re not interested in airline miles, you can also redeem your DBS Points for vouchers and cashback. However, the general rewards rates for these options are low, so you may not get as much value as you would with airline miles.
Comparing with Other Rewards Cards
If you’re looking for a rewards card that offers more flexibility, you may want to consider the Citi Rewards Card. This card allows you to earn Citi Rewards Points, which can be redeemed for a variety of rewards, including merchandise, vouchers, and cashback. The redemption options are more varied than the DBS Woman’s World Card, and the rewards rates are generally higher. However, the Citi Rewards Card does come with an annual fee, while the DBS Woman’s World Card offers an annual fee waiver for the first year.
Overall, the DBS Woman’s World Card is a great choice for women who want to earn rewards on their spending. With a high rewards rate for online spend and the ability to earn airline miles, this card offers great value for frequent shoppers.
Additional Card Features
Apart from the rewards program, the DBS Woman’s World Card also offers several additional features that can benefit you.
E-commerce Protection
If you frequently shop online, you’ll be happy to know that the DBS Woman’s World Card comes with e-commerce protection. This means that you won’t be held liable for any unauthorized transactions made on your card while shopping online.
Security Measures
DBS takes security seriously, and the Woman’s World Card is no exception. The card comes with enhanced security features, including a chip and PIN system, to protect your card from fraud. You can also set up SMS alerts to receive notifications for any transactions made on your card.
0% Interest Instalment Plan
The DBS Woman’s World Card offers a 0% interest instalment plan that allows you to spread the cost of your purchases over several months. This can be a great way to manage your finances and avoid paying high-interest rates on credit card debt.
Mobile Payment Options
The DBS Woman’s World Card supports mobile payment options such as Apple Pay and Google Pay, making it easy to make contactless payments on the go. These payment options are fast, secure, and convenient, allowing you to make purchases without having to carry your physical card with you.
In summary, the DBS Woman’s World Card offers several additional features that can benefit you, including e-commerce protection, enhanced security measures, a 0% interest instalment plan, and mobile payment options. These features make the card a great choice for anyone looking for a versatile and secure credit card.
Frequently Asked Questions
What fabulous perks come with the DBS Woman’s World Card?
The DBS Woman’s World Card comes with a range of exciting perks for women who love to shop, dine, and travel. These include 10X rewards points on online shopping, dining, and overseas spending, as well as exclusive discounts and promotions with partner merchants. You’ll also enjoy complimentary travel insurance coverage, access to airport lounges, and 24-hour concierge services.
How can I maximise rewards with the DBS Woman’s World Card promotions?
To maximise your rewards with the DBS Woman’s World Card, be sure to take advantage of the various promotions and discounts on offer. This includes earning 10X rewards points on online shopping, dining, and overseas spending, as well as exclusive discounts and deals with partner merchants. You can also convert your rewards points to air miles, or use them to offset your credit card bill.
What are the terms and conditions I should be aware of for the DBS Woman’s World Card?
Before applying for the DBS Woman’s World Card, it’s important to read and understand the terms and conditions. This includes the annual fee, interest rates, minimum spend requirements, and other fees and charges. You should also be aware of the rewards programme terms and conditions, including the expiry date of rewards points and any exclusions or limitations that may apply.
Are there any specific exclusions that apply to the DBS Woman’s World Card benefits?
Yes, there are some exclusions that apply to the benefits of the DBS Woman’s World Card. For example, the 10X rewards points on online shopping, dining, and overseas spending are subject to a monthly cap, and certain merchants may be excluded from the rewards programme. You should also be aware of the terms and conditions of the complimentary travel insurance coverage, airport lounge access, and other benefits.
How do I go about converting my DBS Woman’s World Card points to air miles?
To convert your DBS Woman’s World Card points to air miles, simply log in to your DBS online banking account and follow the instructions. You’ll need to have a frequent flyer account with the relevant airline, and there may be a minimum number of rewards points required for conversion. You should also be aware of any fees or charges that may apply.
What’s the required minimum spend to reap the rewards of the DBS Woman’s World Card?
The required minimum spend to reap the rewards of the DBS Woman’s World Card varies depending on the promotion or benefit. For example, to earn 10X rewards points on online shopping, dining, and overseas spending, you’ll need to spend a minimum of $800 per month. To qualify for the complimentary travel insurance coverage, you’ll need to charge your travel expenses to your DBS Woman’s World Card. Be sure to check the terms and conditions for each promotion or benefit to ensure you meet the requirements.