DBS Vantage Credit Card
- Joining fee
₹20,000 + GST
- Annual fee
₹20,000 + GST
- Best suited for
Shopping
- Reward type
Reward Points
Rewards
- Rewards rate
4 VP/₹200 Spent in India and 8 VP/₹200 Spent Internationally
- Welcome benefits
10,000 Vantage Points and Any One (Hotels Taj Epicure/ITC Culinaire/Club Marriott)
- Reward redemption
1 VP = ₹1 When Redeemed at DBS Delights
Benefits
- Travel
Zero Forex Charge (In Singapore)
- Domestic lounge
Unlimited Lounge Visits
- International lounge
Unlimited Lounge Visits Across the Globe
- Golf
4 Complimentary Golf Sessions in a Calendar Year (One Per Calendar Quarter)
- Insurance
Cancel For Any Reason (CFAR) Coverage on Flight and Hotel Bookings Made Through DBS Delights, with Coverage of Up to ₹1 Lakh Per Year for International Bookings and Up to ₹10,000 Per Year for Domestic Bookings
Fees & charges
- Spend-based waiver
Annual Fee Waiver on Spends of ₹10 Lakh in a Year
- Rewards redemption fee
₹99 + GST
- Foreign currency markup
1.75%/ Zero (For Singapore)
- Interest rates
3.5% – 4% Monthly (42- 48% Per Annum)
- Fuel surcharge waiver
1% Fuel Surcharge is Waived on Transactions Between ₹1,000 and ₹6,000; Capped at ₹200 Per Billing Cycle
- Cash advance charges
2.5% of the Cash Amount (Minimum ₹500)
Product highlights
- The joining and annual fee for this card is ₹20,000 + GST each.
- Get 10,000 Vantage Points and a complimentary membership to Taj Epicure, ITC Culinaire, or Club Marriott as a welcome benefit.
- Enjoy unlimited domestic and international airport lounge access as the primary cardholder.
- Avail of four complimentary golf sessions every calendar year.
- Pay a low forex markup of 1.75% on international transactions and zero forex charges on spends made in Singapore.
- Get a 10% cashback on duty-free purchases, up to ₹1,500 per month.
- Get the annual fee waived on spending ₹10 lakh or more in a membership year.
Pros & cons
Pros
- International businessmen who often travel to Singapore can take advantage of the zero forex charges.
- Vantage Credit Card holders enjoy unlimited domestic and international lounge access.
Cons
- Unlimited lounge access is only valid for primary cardholders, not for add-on credit card holders.
FAQs
What is the annual fee for the DBS Vantage Credit Card?
The card comes with a joining fee of ₹20,000 + GST and an annual renewal fee of ₹20,000 + GST. The renewal fee is waived if you spend ₹10 lakh or more in a membership year.
What is the value of one Vantage Point?
One Vantage Point is worth ₹1 when redeemed through the DBS Delights rewards platform.
Does the card provide airport lounge access?
Yes, the primary cardholders enjoy unlimited complimentary access to both domestic and international airport lounges. This benefit is not available for add-on cardholders.
Does the DBS Vantage Credit Card charge a forex markup?
The card charges a 1.75% forex markup on international transactions, while transactions made in Singapore attract zero forex markup.
Are golf benefits included with the card?
Yes. Primary cardholders receive four complimentary golf sessions per calendar year, limited to one session per quarter.