Disclaimer: At MoneySmart.hk, we strive to keep our information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. All financial products and services are presented without warranty. Additionally, this site may be compensated through third party advertisers. However, the results of our comparison tools which are not marked as sponsored are always based on objective analysis first.
|DBS Black World Mastercard||DBS Black American Express Card|
|Welcome Offers||Upon successful application of the Card on or before 31 March 2020, new customers can enjoy annual fee waiver for the first year and up to 80,000 miles (i.e. DBS$3,840) for meeting a specific spending requirement (i.e. local spend: HK$240,000 & overseas spend: HK$70,000) within the first 2 months after the card is issued. Cardholders are also required to activate the DBS Omni account.||Apply before 31 March 2020 to enjoy annual fee waiver for the first year and enjoy up to 80,000 miles (i.e. DBS$5,760) for spending HK$240,000 locally and HK$70,000 internationally and activating DBS Omni account in the first 2 months after the card issuance.|
|Mileage Conversion||DBS$48 = 1,000 Miles||DBS$72 = 1,000 Miles|
|Travel perks||Exclusive 45% off on iGO Rewards||Enjoy up to 9% discount on hotel booking on Expedia.com.hk|
|Access over 850 lounges worldwide (US$32 per person per visit)||Enjoy 8% discount hotel booking on Hotels.com|
|Enjoy up to 12% off hotel booking on Expedia.com.hk||Enjoy 7% off hotel booking on Agoda.com|
|Enjoy 8% discount on hotel booking on Hotels.com||Enjoy 5% discount on travel products on KLOOK|
|Enjoy up to 10% off hotel booking on Agoda.com|
|Enjoy 5% off travel products on KLOOK|
DBS Black cardholders can earn DBS$ on posted retail transactions, excluding cash advances, balance transfer, insurance payment, tax payment, bill payment, etc. If you are a holder of DBS Black World Mastercard, you can enjoy 2X DBS$ for local spending (i.e. HK$250= DBS$2) and 3X DBS$ for overseas spending (i.e. HK$250= DBS$3). In general, for every DBS$48, you can redeem 1,000 miles.
DBS Black American Express Cardholders can enjoy 3X DBS$ for both local and overseas spending (i.e. HK$250= DBS$3). In most cases, you can redeem 1,000 miles for every DBS$72. There is no expiry date for the DBS$ that you earned on these two cards. Cardholders can take all the time they need to collect air miles. What’ s more, mileage handling fee is waived for DBS Black Card holders.
DBS Black Cardholders can use DBS$ to redeem travel products ranging from flights to hotels and packages directly. With DBS Black World Mastercard, you can also get an exclusive 45% redemption discount. To book on iGo Rewards, cardholders need to use a minimum of DBS$100 and pay for a booking fee for each booking. So it’s better to wait until you have enough DBS$ to redeem your desired travel product to avoid being charged booking fee multiple times.
There are no black-out periods for the travel products that you purchase and they are all confirmed instantly. For eligible bookings, you can even earn airline frequent flyer points. To book, simply go to DBS Omni and select ‘iGo Rewards’ from the left navigation or go to the iGO Rewards website.
From now until 31 Dec 2020, DBS Black Cardholders can purchase DBS$48 for HK$180 with no cap on the buying limit. To recharge DBS$, cardholders either need to submit the application via DBS website or DBS Omni. On DBS Omni, simply select ‘Redeem Rewards’ on the left navigation of the apps, then select ‘eSHOP’ and choose “DBS$ Recharge” and select the redemption quantity before clicking ‘Buy Now’ to complete the redemption. DBS$ will be credited to the cardholder's account within 5 working days.
InstaRedeem is a feature on DBS Omni which allows DBS card holders including Black Card users to offset the amount payable with DBS$ at any participating merchant. Simply login the DBS mobile apps DBS Omni and click the green InstaRedeem icon to redeem your DBS$ on your transaction. It applies to TravellerShield travel insurance in which DBS cardholders can pay with DBS credit cards to offset up to HK$200 off policy premium.
DBS Credit Cardholders can enjoy massive discounts and additional rewards on TravellerShield travel insurance: