GoBear is now part of Finder

SAFRA DBS Debit Card

Get 2% cashback and a host of member’s benefits by choosing SAFRA.

If you’re a SAFRA member, then you may want to consider the SAFRA DBS Debit Card. It offers a range of perks, both through SAFRA’s membership network and via the card itself. These include the ability to earn cashback on contactless payments and rebates for online shopping.

Read on to find out what you need to know about the SAFRA DBS Debit Card, including its key eligibility requirements.

No reviews yet. Write a review

S$0

Annual Fee

S$0

Minimum Initial Deposit

Details

Product NameSAFRA DBS Debit Card
Annual FeeS$0
Joint accountsNo
Card typeMastercard
Mobile paymentsApple Pay, Google Pay, Samsung Pay, NETSPay, PayLah!
More Info

Review by


James Martin is a senior writer at Finder. He has written on a range of finance and business topics for over five years and his work has been featured in publications including The Irish Times, Companies 100, In Business and Q Magazine (UK). As a trained journalist, James can drill into the finer details of financial products to help you save time and money. In his spare time, James is a committed sports fan, novel reader and Thai food enthusiast.

Expert review

The SAFRA DBS Debit Card gives you the chance to get up to 2% in cashback on Mastercard contactless transactions, which is just one feature that helps to make this card pretty competitive. Your cash rebates are issued in the form of SAFRA$ and S$1 equates to one point. These can be redeemed through a range of discounts and offers.

Key Features of the SAFRA DBS Debit Card

  • Cash rebates. Get 2% cashback on local Mastercard contactless transactions and 1% cash rebates on your online shopping. Plus, you get 0.3% cash rebate on all other retail transactions.
  • Easy contactless payments. Simply tap to pay with Mastercard contactless. You can pay for purchases of S$100 and below.
  • Combined benefits. By coupling privileges for both DBS and SAFRA, you’ll have a wide range of discounts and perks at over 1,800 merchant outlets. These include dining, shopping and entertainment offers.
  • SimplyGo. It’s easy to use your DBS Direct Debit Card to pay for your bus and train rides, rather than having to carry a travel card.
  • SAFRA membership privileges. You’ll have access to six SAFRA Clubhouses which offer swimming pools, gyms and entertainment facilities.

How much does the SAFRA DBS Debit Card cost?

  • Annual fee. There’s no annual fee to pay as long as you remain a SAFRA member.
  • SAFRA membership fee. While the card has no annual fee, you will need to pay to be a member of SAFRA. These fees range between $40-$405.

How to apply for the SAFRA DBS Debit Card

To apply for the SAFRA DBS Debit Card, you’ll need to do so through the DBS website.

If you are an existing DBS customer you can typically apply through your internet banking; otherwise, new customers can use MyInfo with their SingPass. If you don’t have a SingPass account, you will need to manually complete a form and then provide documentation to support your application. Make sure to have this ready to go before applying and that you meet the eligibility criteria. Within two weeks of your application, DBS should notify you (either by mail or phone) on your application.

Eligibility requirements

  • You must be 16 years old or above
  • You have to be a current SAFRA member
  • You need to have one of the following accounts: POSB Savings Account, DBS Savings Plus Account, DBS Autosave Account or DBS Current Account.

You must maintain your SAFRA membership to continue enjoying the benefits of this debit card.

Compare a range of debit cards in Singapore

Name Product Annual Fee Minimum Income Minimum Age Requirement Mobile payments
Canvas Pre-paid Visa Card and App
S$0
S$0
N/A
Apple Pay, Google Pay

Finder special offer of 30 days free trial and $10 credit on each kid’s card upon activation.

Manages your kids’ pocket money and domestic helpers’ access to household expenses digitally.
Revolut Standard
S$0
S$0
N/A
Apple Pay, Google Pay
Enjoy no monthly fees, competitive currency conversion rates and spend in over 150 currencies with Revolut’s Standard card.
Aspire Corporate Card
S$0
S$0
N/A
Apple Pay, Google Pay
A corporate debit card for SMEs and Startups with no annual fee and low FX fees. Enjoy 1% cashback on marketing and SaaS spend. T&Cs apply.
YouTrip
S$0
S$0
N/A
Apple Pay, Google Pay

Use promo code FINDER5 to earn $5 on signup.

A prepaid Mastercard with no monthly fees, contactless payment features and fee-free transactions in over 150 currencies. NOTE: Promo code valid for new signups and Singapore residents only.
loading

Compare up to 4 providers

Ask Finder

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked
Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms and Privacy Policy.
Go to site