DBS Vantage Credit Card

DBS Bank Vantage Credit Card Features

It’s best to know all the benefits a credit card offers before applying for one. If you are considering opting for the premium DBS Vantage Credit Card, it’s best to know everything about the card beforehand. Keep on reading to discover more about the card.

Welcome Benefit

Get 10,000 Vantage Points worth ₹10,000 on making the first transaction within 30 days of card issuance. Apart from these reward points, cardholders can also choose the luxury hotel membership of their choice from the following hotels: Taj Epicure, ITC Culinaire, and Club Marriott. Cardholders can only avail of one membership, which can be redeemed at DBS Delights.

Complimentary Golf Sessions

Each primary cardholder can avail of four golf sessions for free with the DBS Vantage Credit Card. This benefit is only available for the primary cardholders; all other guests shall be charged.

Zero Forex Charge in Singapore

This card offers a great advantage to those who frequently make transactions in Singapore. You won’t have to pay any Forex charge for such transactions, while for other countries, you’ll be charged a 1.75% markup. Businessmen who travel to Singapore often will benefit greatly from this zero forex charge, and even the 1.75% charge is lower compared to the usual rate of 3.5% offered by other banks and credit card issuers.

Unlimited Domestic and International Lounge Access

Primary cardholders shall be eligible for unlimited domestic and international lounge visits across the globe. This benefit is only limited to the primary cardholder and is not extended to add-on cardholders.

Milestone Benefits

Given below are the benefits you can accumulate by spending on your Vantage Card.

• 5,000 Vantage Points on spends above ₹3 lakh in a calendar quarter.
• 10,000 Vantage Points on spends above ₹5 lakh in a calendar quarter.
• 40,000 Vantage Points on spends above ₹20 lakh in a calendar year.
• A maximum of 40,000 Vantage Points can be earned in a year.

Customers can earn bonus Vantage Points for various milestones by spending on fuel purchases, wallet loads, duty-free shopping, rent payments, cash withdrawals, and EMI conversions.

Concierge Services

The concierge can be reached through multiple channels such as the call center, web chat, email, and messaging apps across different countries. The contact number is 0008 00442 0011, and the email address is IndiaInfinite@concierge-asia.visa.com.

• Dining reservations with exclusive offers and privileges
• Health and medical assistance
• Entertainment and lifestyle experiences
• Staycation, local, and international activity recommendations
• Gift and shopping assistance
• Business, home, and roadside assistance
• Multiple support channels, including phone, web chat, email, and WhatsApp (or similar digital channels) across different countries

Earn Vantage Points on Credit Card Spends

• Earn 4 Vantage Points for every ₹200 spent on domestic purchases.
• Get 8 Vantage Points on every ₹200 spent on international purchases, excluding transactions made in Singapore. For all Singapore transactions, you will earn 4 Vantage Points for every ₹200 spent.
• The value of 1 Vantage Point = ₹1 when redeemed at DBS Delights.
• You shall not earn any Vantage Points for the following – fuel, wallet reload, Duty-Free Stores, or Rent.

Reward Point Redemption

Vantage Points can be redeemed through the DBS Cards+ In-App (download and log in) or through the DBS Delights Rewards Portal. Cardholders can also convert their Vantage Points into partner loyalty points at the following conversion rates:

• Air India Maharaja Points: 100 Vantage Points = 80 Maharaja Points
• AirAsia Points: 100 Vantage Points = 80 AirAsia Points
• Club ITC Green Points: 100 Vantage Points = 80 Green Points

10% Cashback at Duty-Free Stores

Get 10% cashback up to  ₹1500 per month on all purchases made at Duty-Free Stores.

Bottom Line

The DBS Vantage Credit Card is a premium credit card, but its appeal is limited to a specific group of users rather than the average cardholder. While the ₹20,000 + GST annual fee may seem steep, the card offers a strong welcome package with 10,000 Vantage Points and a complimentary luxury hotel membership, which helps offset a significant portion of the joining cost. Its biggest strengths are unlimited domestic and international lounge access for the primary cardholder, a competitive 1.75% forex markup with zero forex charges in Singapore, and useful travel benefits such as Cancel For Any Reason (CFAR) coverage on eligible bookings. The reward redemption process is also straightforward, with 1 Vantage Point equal to ₹1 when redeemed through DBS Delights.

However, the card’s ongoing rewards are only average compared to other premium cards in the market, and the rewards are relatively limited, especially for users who prefer transferring points to airline and hotel loyalty programs. Additionally, benefits like unlimited lounge access are restricted to the primary cardholder, and the golf privileges are modest for a card in this price segment.

With high fees and premium benefits, this card is in the ranks of AMEX Platinum Charge and Axis Reserve Credit Cards. Share your views on the super-premium card in the comments below.