DBS Altitude VISA Signature

It depends on your preferences and if you can hit the minimum spending requirement to enjoy the benefits they offer. I personally use the DBS Altitude card as it has absolutely no minimum spending, and I get free airport lounge access. The DBS Altitude miles also do not expire. Since you are fresh out of school I assume you earn about $3, 000 averagely and inn that case the best savings account would be the DBS Multiplier.

Actually it’s a bit more technical as it depends on the payment gateway, which is hard to know, really. If a foreign company use a local bank to process our payments, it is a local spend, even though you seem to be paying in foreign currency. If they use a foreign bank to process the payment, then it is considered overseas spend. In my case I use my DBS Altitude Visa Signature card to subscribe to a New York Times and it is confirmed that the payment is processed by a foreign bank as I received the points for overseas spent.

I hope my answer gets to shed more light on your question even as it brief and very to the point. Yes! Online transactions are eligible local spend and will net you DBS points. Basically all transactions to the card will give you points, other than excluded transactions particularly quoted in their T&Cs.

You get to earn 1 DBS Point for every S$5 retail purchase charged to your DBS Credit Card, points are calculated on each transaction and rounded down to the nearest whole number. DBS Altitude Card members earn 3 DBS Points for every S$5 spent locally and earn 5 DBS Points for every S$5 spent on overseas transactions. Local spend is identified as card transactions posted in Singapore dollars. Overseas spend is identified as card transactions posted in foreign currencies.