Have you received the DBS Altitude card (for existing ANZ card members)?

By now, all of you would have known about DBS acquisition of ANZ’s Retail and Wealth business. The uncertainties for existing ANZ customers are well answered in DBS dedicated page for this switch.

ANZ Signature to DBS Altitude

ANZ Travel Visa - Tha card to use in Australia and New Zealand

DBS Altitude Visa

The obvious perk to this inevitable switch the non-expiry of rewards. Previously, ANZ Travel$ had a 5 year expiry, but once it’s switched over, it will never expire. The downside of course is the lower earn rate of DBS altitude at $1.2miles/S$, compared to ANZ’s 1.4 miles/$S.

How is DBS incentivising you to start on the card?

$20 cash rebate

The first obvious incentive is giving a $20 cash rebate when you activate the card and make three transactions within the first month. But follow the catch:

1. The promotion starts 7 Aug 2017. So if you activate and spend earlier, I doubt you’ll get anything.

2. Applies to the first 80,000 card members who makes the first three transactions.

3. Eligible Transactions include local and foreign retail transactions, posted 0% interest–free monthly instalment plans, recurring bill payments, cash withdrawals, balance transfers and monthly instalments of instalment loans

See full terms and conditions here.

Receive double miles

Get double miles for spend above $2,500 within the first month. This means as high as 6 miles/S$ for onlight flight/hotel transactions, and at least 2.4 miles/S$ on local spend.

So make good use of this switch. Either get that $20 (not much but why let DBS get away with it), or spend ahead of time (think pre-paid spend, advance holiday booking) and get double miles!

Leave a Reply

Your email address will not be published. Required fields are marked *