If you’re looking for a credit card that rewards you for your purchases, the DBS Live Fresh Card might be worth considering. Not only does it offer up to 10% cashback on various spending categories, but it’s also eco-friendly, made from 85.5% recycled plastic. This makes it the first-ever eco-friendly credit card in Singapore, allowing you to support the environment while enjoying the benefits of a credit card.
To be eligible for the DBS Live Fresh Card, you must be at least 21 years old and earn an annual income of at least S$30,000. If you’re a student, you can apply for the DBS Live Fresh Student Card, which offers similar benefits. Once you have the card, you can earn cashback on contactless and online spending, as well as at select eco-merchants.
In addition to cashback rewards, the DBS Live Fresh Card also offers exclusive benefits and promotions, such as discounts on dining and entertainment. However, it’s important to note that there are fees and charges associated with the card, such as an annual fee and interest charges on outstanding balances. Be sure to read the terms and conditions carefully before applying.
Key Takeaways
- The DBS Live Fresh Card is an eco-friendly credit card that offers up to 10% cashback on various spending categories.
- To be eligible for the card, you must be at least 21 years old and earn an annual income of at least S$30,000.
- In addition to cashback rewards, the card offers exclusive benefits and promotions, but there are fees and charges associated with it.
DBS Live Fresh Card Overview
If you’re looking for a credit card that offers fantastic benefits while also being eco-friendly, the DBS Live Fresh Card is an excellent choice. This card is made from 85.5% recycled plastic, making it the first-ever eco-friendly credit card in Singapore.
What is the DBS Live Fresh Card?
The DBS Live Fresh Card is a credit card that offers a range of benefits to its users. The card is designed for young working adults and offers up to 10% cashback on contactless and online spend. You can earn up to 5% cashback on contactless and online spend with a minimum spend of $600 per month. The cashback cap per month is up to $75.
Eco-Friendly Features
The DBS Live Fresh Card is made from 85.5% recycled plastic, making it an eco-friendly credit card. This makes it an excellent choice for those who are looking to reduce their carbon footprint. The card also offers an additional 5% green cashback on selected eco-eateries, retailers, and transport services.
In summary, the DBS Live Fresh Card is an excellent choice for those who want to enjoy the benefits of a credit card while also being environmentally conscious. With its eco-friendly features and fantastic cashback rewards, this card is a great option for young working adults in Singapore.
Eligibility and Application
If you’re looking to apply for the DBS Live Fresh Card, you need to meet certain eligibility criteria. Here’s what you need to know:
Who Can Apply?
To apply for the DBS Live Fresh Card, you must be at least 21 years old. Additionally, you must be a Singapore citizen, Permanent Resident (PR), or a foreigner with an annual income of at least $30,000 for Singaporeans and $45,000 for foreigners.
Documents Required
When applying for the DBS Live Fresh Card, you’ll need to provide the following documents:
- A copy of your NRIC (front and back)
- Proof of income (e.g. your latest computerised payslip, Income Tax Notice of Assessment, or CPF statement)
- For foreigners, a copy of your passport and work permit
Once you’ve gathered all the required documents, you can apply for the DBS Live Fresh Card online or in person at a DBS branch. The application process is straightforward and should take only a few minutes to complete.
Overall, the DBS Live Fresh Card is a great option for young working adults who want to earn cashback on their everyday purchases. With its generous cashback rates on contactless and online spend, this card can help you save money while enjoying the convenience of cashless transactions.
Rewards and Cashback
Are you looking for a credit card that rewards you for your spending? The DBS Live Fresh Card is a great option for Singaporeans who want to earn cashback on their purchases. Here are some of the benefits you can enjoy with this card.
Earn Cashback on Your Purchases
With the DBS Live Fresh Card, you can earn up to 5% cashback on online and Visa contactless spend. This means that you can get 5% cashback on your online shopping and when you tap your card to pay for your purchases. In addition, you can earn 0.3% cashback on all other spend. The total monthly cashback is capped at S$600, with S$20 for online spend, S$20 for Visa contactless spend, and S$20 for all other spend.
Special Rewards for Sustainable Spending
If you’re someone who cares about the environment and wants to make sustainable choices, the DBS Live Fresh Card has an extra bonus for you. You can get an additional 5% Green Cashback on selected eco-eateries, retailers, and transport services. This means that you can earn a total of 10% cashback on your purchases from these sustainable merchants. The card is also made from 85.5% recycled plastic, making it a great choice for eco-conscious consumers.
In conclusion, the DBS Live Fresh Card is a great option if you want to earn cashback on your purchases and support sustainable merchants. With up to 5% cashback on online and Visa contactless spend, and an additional 5% Green Cashback on selected eco-merchants, you can earn rewards while making a positive impact on the environment.
Exclusive Benefits and Promotions
As a DBS Live Fresh Cardholder, you are entitled to exclusive benefits and promotions that will make your everyday life more enjoyable. Here are some of the exciting perks that you can enjoy:
Live Fresh Club Perks
Join the Live Fresh Club and enjoy exclusive privileges such as priority access to events, exclusive deals and discounts, and more. As a member, you will be the first to know about the latest promotions and offers from DBS, and you can enjoy special privileges at participating merchants.
Dining and Entertainment Offers
DBS Live Fresh Cardholders can enjoy exclusive dining and entertainment offers at some of the best restaurants and entertainment venues in Singapore. For example, you can enjoy 1-for-1 deals at Starbucks, or get discounts at Farm-to-Table restaurants. You can also enjoy discounts on movie tickets at Golden Village cinemas.
In addition to these exclusive offers, you can also enjoy up to 10% cashback on your purchases with the DBS Live Fresh Card. This means that you can save money while enjoying the things you love.
So why wait? Apply for a DBS Live Fresh Card today and start enjoying these exclusive benefits and promotions. With the Live Fresh Club and dining and entertainment offers, you can make the most of your everyday life in Singapore.
Fees and Charges
If you are considering getting the DBS Live Fresh Card, it is essential to understand the fees and charges associated with it. This section will provide you with a comprehensive guide to help you make an informed decision.
Understanding the Fees
The annual fee for the DBS Live Fresh Card is $64.20 for the principal card and $42.80 for each supplementary card. However, the good news is that the annual fee is waived for the first five years for both the principal and supplementary cards.
If you fail to pay your minimum monthly payment by the due date, you will be charged a late payment fee of $100. Additionally, you will be charged a finance charge of 25.9% p.a. on the outstanding balance. Therefore, it is crucial to ensure that you pay your bills on time to avoid extra charges.
How to Avoid Extra Charges
To avoid extra charges, you should make sure to pay your bills on time. Set up automatic payments or reminders to ensure that you do not miss any payments. If you are unable to pay your bills on time, contact DBS to discuss your options.
If you need to withdraw cash using your DBS Live Fresh Card, you will be charged a cash advance fee of 6% of the amount withdrawn or $15, whichever is higher. Therefore, it is advisable to avoid using your card for cash withdrawals.
When using your DBS Live Fresh Card overseas, you will be charged a foreign transaction fee of 3.25% of the transaction amount. Additionally, you may be charged a dynamic currency conversion fee. Therefore, it is advisable to use your card for local currency transactions to avoid extra charges.
In conclusion, the DBS Live Fresh Card is an excellent choice for those looking to earn cashback rewards. However, it is crucial to understand the fees and charges associated with the card to avoid extra charges.
Frequently Asked Questions
What fabulous perks can I enjoy with the DBS Live Fresh Card?
The DBS Live Fresh Card offers a range of exciting perks and benefits. You can enjoy up to 10% cashback on your spending, including 5% cashback on online and Visa contactless spend, and an extra 5% Green Cashback on selected eco-eateries, retailers and transport services. Additionally, you can earn unlimited 0.3% base cashback on all eligible spend.
How do I qualify for the cashback rewards on my DBS Live Fresh Card?
To qualify for the cashback rewards on your DBS Live Fresh Card, you must meet the minimum spend requirement of $600 per calendar month. The cashback rewards will be credited to your account automatically.
What are the exclusive benefits for DBS Live Fresh Student cardholders?
If you are a student, you can enjoy exclusive benefits with the DBS Live Fresh Student Card. You can earn up to 5% cashback on your spending, including 1% cashback on online and Visa contactless spend, and an extra 4% Green Cashback on selected eco-eateries, retailers and transport services. Additionally, you can earn unlimited 0.3% base cashback on all eligible spend.
Can you explain the minimum spend requirement for the DBS Live Fresh Card?
The minimum spend requirement for the DBS Live Fresh Card is $600 per calendar month. This means that you must spend at least $600 in a month to qualify for the cashback rewards.
How does one go about activating a brand new DBS Live Fresh Card?
To activate your brand new DBS Live Fresh Card, you can simply follow the instructions provided with the card. You can activate your card online or through the DBS mobile app.
Are there any special terms and conditions I should be aware of for the DBS Live Fresh Card?
Yes, there are some special terms and conditions that you should be aware of for the DBS Live Fresh Card. For example, the cashback rewards are subject to a cap, and there are certain types of transactions that are not eligible for cashback. You should read the terms and conditions carefully before applying for the card.