DBS Takashimaya American Express Card Review

If you shop regularly at the Takashimaya Department Store and Takashimaya Square, B2, then you should consider this credit card. Its perks include voucher rebates, exclusive 10% shopping discounts, cheaper parking, free deliveries and more. And through the American Express network you can unlock a range of other rewards.

Read on and find out more about the DBS Takashimaya American Express Card, to help you decide if this card is right for you.

Expert Review

The DBS Takashimaya American Express Card is a rewards credit card that gives you lots of benefits for shopping at Takashimaya Department Store and Takashimaya Square, B2. You can enjoy S$30 of Takashimaya Gift Vouchers for every 100 Takashimaya Bonus Points credited to your account. Also, you can take advantage of an extra 10% off during specified in-store sales events.

The DBS Takashimaya American Express Card fares well in comparison to other credit cards. It offers a 6% voucher rebate on purchases at Takashimaya; 1% more than the DBS Takashimaya Visa Card. What’s more, the Amex card gives you two DBS points for every S$10 spent; this is two dollars less than the S$12 offered by its Visa equivalent.

Benefits of using DBS Takashimaya American Express Card

• Takashimaya Vouchers. Enjoy 6% rebates and earn two Takashimaya Bonus Points each time you spend S$10 on shopping at Takashimaya Department Store. Some restrictions apply. Also, redeem S$30 worth of Takashimaya Gift Vouchers with 100 Takashimaya Bonus Points.
• Parking top-ups. If you spend at least S$250 in-store, you get a S$6 top-up to your CashCard for parking.
• 5% discount across Asia. Get this discount when you shop at Takashimaya stores in China, Japan, Thailand and Vietnam.
• Complimentary delivery. There’s no charge for delivery when spending S$200 on a 10% promotion day; or S$100 at all other times.

Features of DBS Takashimaya American Express Card

• Annual fee waiver. There’s no annual fee to pay in your first year. A yearly fee of S$192.60 applies thereafter. Also, each additional card will pay a fee of S$96.30 per year.
• DBS Lifestyle App. In-app features make dining, shopping and travel that bit easier. Download coupons or redeem rewards quickly.
• American Express Selects. Get rewarded with further deals on shopping, dining and travel.

How do I apply for the DBS Takashimaya American Express Card?

To apply for the DBS Takashimaya American Express Card, you can do so via the DBS website. If you are an existing DBS customer you can apply through your internet banking, otherwise, new customers can use MyInfo with your 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 which is outlined below. Make sure to have this ready to go before applying and that you meet the eligibility criteria.

Eligibility criteria

• Be 21 years or older
• Have an income of at least S$30,000 for Singaporeans and PR, and S$45,000 for foreigners

Required documents

• For salaried Singaporeans

  • A photocopy of your National Registration Identity Card (NRIC), front and back, and;
  • Latest 12-month Central Provident Fund (CPF) contribution history statement, and;
  • Computerised payslips for the last three months, or;
  • Latest Income Tax Notice of Assessment, or;
  • POSB or DBS account number if your salary has been credited to this account for the last three months via Giro.

• For self-employed or commission-based workers

  • A photocopy of your NRIC (front and back), and;
  • Latest 2 years Income Tax Notices of Assessment
  • For commission or variable income earners:
  • A photocopy of your NRIC (front and back), and;
  • Latest 12 months CPF contribution history, or;
  • Latest Income Tax Notice of Assessment

• For foreign nationals

  • Valid Passport with 6 months’ validity, and;
  • Employment Pass with at least 6 months’ validity, and;
  • Latest computerised payslip or salary crediting
  • Singapore dollar account with DBS/POSB account, and;
  • Most recent Income Tax Notice of Assessment where available