DBS yuu Visa Card
DBS yuu Visa Card
- S$1 = 10X yuu Points
- at yuu merchants, with no min. spend and no cap
- Additional bonus 26x yuu Points
- when you spend S$600 Qualifying Spend at yuu merchants in a calendar month
- S$1 = 1X yuu Point
- on all other spend
Are you eligible?
- Valid for New Cardmembers only.
- New Cardmembers need to spend a min. of S$800 within the first 60 days of card approval.
- Use promo code 150CASH during application to qualify for the $150 cash promo for New Cardmembers
What you need to know
- New Cardmembers are defined as customers who are currently not holding on to any Principal DBS/POSB Credit Card and
- have not cancelled any Principal DBS/POSB Credit Card within the last 12 months.
- Bank T&Cs Apply
All Details
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DBS yuu Card Benefits 2024
DBS has been one of the leading financial services groups in Asia, serving about 19 markets globally today. With over half a century of experience in providing financial services for clients, DBS is committed to constantly innovating their products and services that range from personal finance to commercial and private banking, to cater to different needs.
The DBS yuu Card offers one of the most generous multi-brand rewards programmes around in Singapore and it gives you the opportunity to earn up to 30X yuu Points for your daily spending across several categories such as groceries, dining, health and beauty, telco and more. Let us take a look at the requirements, pros and cons and other relevant details of the DBS yuu Card before you decide if this card is suitable for you.
Pros & Cons
Pros
- 5% cash rebates (equivalent to 10X yuu Points) at over 1,000 participating yuu merchants
- Bonus 13% cash rebates (equivalent to 26X yuu Points) on your yuu merchant spend
- First-year annual fee waiver available
- $150 cashback for each new DBS yuu Card sign-up as a new member (promotion till 30 September 2024)
- 1 yuu point is awarded per $1 spent on all other spending
- No points cap
- Access to thousands of dining, shopping, and lifestyle rewards with the DBS yuu mobile app
Cons
- Interest rate of 27.80%, which is higher than other rewards credit cards in the market
- A minimum spending of S$800 is required to ger the $160 cashback and 5% cash rebates
- A minimum spending of S$600 per month to qualify for the bonus 13% cash rebates
DBS yuu Card Application
Here are 3 simple steps to apply for the DBS yuu Card
Apply via MoneySmart’s Credit Cards page
You may begin your application by clicking on our DBS yuu Card application link.
When you choose to apply online via DBS website using SingPass MyInfo, DBS will pull your identity and income data from SingPass (which is already verified), thus reducing the processing time. The approval-in-principle page will appear within minutes of submitting your MyInfo.
Provide all documentation required
You'll need to provide all the necessary documentation in order for DBS to approve your credit card application. This list of documents include:
- NRIC or other identification details
- Latest 3 months computerised payslip
- Latest 12 month CPF Contribution History Statement
- Latest Income Tax Notice of Assessment (NOA), only applicable to new cardholder applicants who are self-employed or foreigners on a valid work pass
Activate your DBS yuu Card
You’ll be able to activate your DBS yuu through the DBS yuu App, link your card to your yuu account, scan your yuu ID using the yuu App to earn yuu points and pay cashless and conveniently at over 1,000 participating yuu merchants.
Compare DBS yuu Card vs. SCB Smart Credit Card vs. Citi Cash Back+ Card
As compared to the Standard Chartered Smart Credit Card and Citi Cash Back+ Card, the DBS yuu Card gives the most flexibility on earning of rewards points, with no cap on earned yuu rewards points every year and the highest possible cashback of up to 18%, unlike the SCB Smart Credit Card that has a cap of 14,400 reward points per month.
In terms of interest rates, the Standard Chartered Smart Card charges the widest range — up to 29.90% p.a., as compared to the SCB Smart Credit Card and Citi Cash Back+ Card, but it is also the only one among the three cards which doesn’t charge any annual fees
In a nutshell, the DBS yuu Card is great for consistent spenders who know how to maximise the 36X DBS yuu points (which is up to 18% cash rebates) at over 1000 DBS yuu Card participating places, and the range of dining, shopping, and lifestyle, and travel-related benefits that comes with it.
Interest rate: 27.80%
Annual fee: $196.20 for Year 1 (First year waiver available)
Minimum annual income:
Cash back benefits:
Interest rate: 23.90% to 29.90%
Annual fee: None
Minimum annual income:
Cash back benefits:
Interest rate: 27.90%
Annual fee: $196.20 for Year 1 (First year waiver available)
Minimum annual income:
Cash back benefits:
Frequently Asked Questions
Are there any fees if I apply for the DBS yuu Card?
- DBS charges an annual fee of $196.20 if you are a DBS yuu Cardholder. A fee waiver is available only for the first year, plus there are other fees like cash withdrawal fees or cash advance transaction fees, late payment fee, minimum monthly payment, foreign currency transaction fee, and overlimit fee.
How do I apply for a DBS yuu Card?
- You can apply for the DBS yuu Card in 3 simple steps.
1. Click “Apply Now” on the DBS yuu Card option on MoneySmart’s credit card page
2. Provide your NRIC or other identification details, latest 3 months’ computerised payslip, latest 12 months’ CPF Contribution History Statement, and latest Income Tax Notice of Assessment (NOA)
3. Activate your DBS yuu Card via the DBS yuu App.