DBS Visa Debit 5% cashback for contactless payment

[DBS Bank]

thats y im confused, cos the TNC did state, NETS/flashpay etc transaction EXCLUDE. but nv say VISA ...

Here's a line from the T&C which can help to answer your questions.

The 5% Cashback (“Cashback”) is awarded on DBS Visa Debit Card (“Qualifying Card”) local Visa payWave transactions that also includes in-store payments made by Apple Pay, Samsung Pay and Android Pay provisioned with Qualifying Card (collectively “Contactless Spend”). This is effective from 1 August 2016.

 

[868888]

Is it considered a withdrawal from card, the ATU direct deduction from cc? Does this only applies to ATM card?


"It's across all your DBS/POSB accounts, so in other words, just don't withdraw more than 3x a month at DBS/POSB ATM"

 

[Trazora]

Is it considered a withdrawal from card, the ATU direct deduction from cc? Does this only applies to ATM card?


"It's across all your DBS/POSB accounts, so in other words, just don't withdraw more than 3x a month at DBS/POSB ATM"

Applies to cash withdrawal from atm or local bank branch.

 

[Perisher]

This S$20 cashback no longer valid right? But still there...
http://www.dbs.com.sg/personal/prom...roblock-card-double-your-rewards-btnlearnmore

 

[noobinvestor]

thanks for sic!

 

[IcYFl4mEz]

Hi everyone,

It's across all your DBS/POSB accounts, so in other words, just don't withdraw more than 3x a month at DBS/POSB ATM or bank branches in order to qualify for the 5% on Visa PayWave transactions with the DBS Visa Debit Card.

T&Cs are here:
http://www.dbs.com.sg/iwov-resources/pdf/cards/promotions/dbs-visa-debit-card-relaunch-tnc.pdf

Dont withdraw, but we can transfer $ around right ? FAST.

 

[JC2015]

Dont withdraw, but we can transfer $ around right ? FAST.

Yes of course.

 

[JC2015]

Most important qn
A. Any exclusions so far?
B. Will there be exclusions come 1 jan 2017?

Exclusions usually come with online spend, not contactless

 

[leogeo]

any idea what is the $10 shopping voucher u get for signing up the debit card and spending $100 within the first month?

 

[n1ck88]

Most likely is Taka voucher

any idea what is the $10 shopping voucher u get for signing up the debit card and spending $100 within the first month?

 

[zoossh]

so not need to register or anything, just use the card and can get rebate end of next mth?

not sure why ppl are comparing with online and stuff. isn't this for paywave and hence only limited to places who used that, and only for $100 payment per transaction, and cap at $50 rebate for a spending of 1k per calender month?

pls correct me if i am wrong.

the current cards i had for paywave, in terms of ranking,
1. uob one: 3.3% of 500 + 2.43% of 50k
2. dbs debit card: 5% of any spend
3. uob preferred platinum: 4 miles, but in $5 units

any other better cards for paywave?

 

[zoossh]

Another question is would the bank be able to tell if the debit card deduction is paywave or nets?

Some places no paywave. Dunno if used nets will cause confusion in rebate calculation. Prefer a clean record.

 

[hyperbole]

Another question is would the bank be able to tell if the debit card deduction is paywave or nets?

Some places no paywave. Dunno if used nets will cause confusion in rebate calculation. Prefer a clean record.

They'd definitely be able to tell. Nets transactions won't show up on your debit card statement

 

[IcYFl4mEz]

so not need to register or anything, just use the card and can get rebate end of next mth?

not sure why ppl are comparing with online and stuff. isn't this for paywave and hence only limited to places who used that, and only for $100 payment per transaction, and cap at $50 rebate for a spending of 1k per calender month?

pls correct me if i am wrong.

the current cards i had for paywave, in terms of ranking,
1. uob one: 3.3% of 500 + 2.43% of 50k
2. dbs debit card: 5% of any spend
3. uob preferred platinum: 4 miles, but in $5 units

any other better cards for paywave?

You bcan link to your samsung pay apple pay, n pay on mct terminal can over 100 le

 

[vince123123]

Is apple pay or samsung pay the same as visa paywave?

You bcan link to your samsung pay apple pay, n pay on mct terminal can over 100 le

 

[winstonoyy]

Same for Apple pay. Been using Apple pay at all pay wave counters.

Is apple pay or samsung pay the same as visa paywave?

 

[winstonoyy]

Transaction code on bank account statement is different for nets vs mst/visa.

They'd definitely be able to tell. Nets transactions won't show up on your debit card statement

 

[PlainBlackTee]

the cashback applies to existing dbs visa debit card too?

 

[Trazora]

the cashback applies to existing dbs visa debit card too?

Yes. Why not?

 

[Trazora]

You bcan link to your samsung pay apple pay, n pay on mct terminal can over 100 le

Apple pay can pay more than 100?