DBS Vantage cuts sign-up bonus to 60,000 miles

Unlike some previous sign-up deals for this card, no promo code is required when you apply. You must simply do so by 31st August 2025, and your card must be approved by 14th September 2025, in order to qualify.

The bonus miles structure is outlined in the following table, depending on whether you are an existing DBS / POSB primary cardholder or not.

DBS defines ‘new-to-bank’ customers as those who:

• do not currently hold any principal DBS/POSB credit card; and
• have not cancelled any principal DBS/POSB credit card(s) within the last 12 months.

If you are a supplementary DBS/POSB cardholder, but not a primary cardholder on any such account, you will qualify as a new-to-bank customer.

Regular earn rates are in addition

These bonus miles will be awarded in addition to the regular miles you will accrue anyway to meet the S$4,000 spend as part of the sign-up bonus.

Your total earning (including the sign-up bonus) during this promotion, will be at least 31,000 miles as an existing customer or 66,000 miles as a new customer, assuming local spend.

DBS Vantage
Total promotion earning

You’ll do even better than this by tapping into the card’s 2.2 mpd overseas earn rate during the first 30 days of card membership.

For example as a new-to-bank cardholder with S$4,000 of FCY retail spend in the first 30 days, you’re looking at 8,800 miles for the spend itself, for a grand total of 68,800 miles.

That’s enough for a Business Class Saver award from Singapore to Sydney or Melbourne, or a round-trip Business Class award to and from Hong Kong or Taipei.

Cost per mile

Here’s how the cost per mile stacks up for simply signing up for the card (no spend requirement), or for meeting the S$4,000 spend requirement in the first 30 days as either an existing or new DBS credit card customer.

DBS Vantage
Cost per mile

This is based on payment of the (non-waivable) first year annual fee of S$599.50.

It’s clearly not worth signing up for this card if you aren’t going to participate in the bonus miles for S$4,000+ spend promotion, since the 25,000 miles you’ll receive for payment of the annual fee means buying miles at 2.40 cents each (assuming you don’t place any value on the other perks).

With the bonus miles in play, however, it’s worth it in our book if you’re a new DBS customer, buying 60,000 miles at 1 cent each.

When the bonus miles are credited

The first tranche of 12,500 DBS Points, which transfer into 25,000 frequent flyer miles like KrisFlyer, will be credited as soon as your annual fee is charged.

The bonus, equivalent to an extra 35,000 miles for new-to-bank cardholders, will be credited within two to four months of you meeting the qualifying spend.

For example, if you meet the qualifying spend on 15th May 2025, the bonus miles will be credited by 15th September 2025 at the latest.

Spend exclusions

DBS recently introduced a new series of excluded spend MCC codes in the terms and conditions for promotions like this one, in relation to the qualifying spend for the S$4,000 minimum within 30 days to trigger the bonus miles.

Primary exclusions here are for education, insurance, utility bill and government-related spend.

CardUp rental payments code under MCC 6513, and should be eligible for the minimum spend requirement for this DBS Vantage offer, though non-rental CardUp payments (MCC 7399) will not qualify.

Note that ipaymy payments are specifically excluded from the eligible spend list to meet the S$4,000 minimum, even though they will earn miles through this card.

See section 11 of the T&Cs document for the complete list of spend exclusions for this welcome offer.

Annual fee bonus

If you keep the DBS Vantage Card into your second card membership year and beyond, do note that a 25,000 miles bonus is credited each year on payment of the annual fee of S$599.50 (cost per mile 2.40 cents).

The annual fee is waived if your retail spend in the previous card membership year was S$60,000+, however in this case the 25,000 bonus miles will not be awarded.

Which FFPs?

You can transfer DBS Points into Singapore Airlines KrisFlyer, Cathay Pacific Asia Miles and Qantas Frequent Flyer Points.

The minimum volume of miles you can transfer into KrisFlyer is 10,000 (i.e. 5,000 DBS Points). Thereafter they must then be transferred in blocks of 10,000 miles.

The same earning rate, transfer cost, and minimum transfer ‘blocks’ apply if you choose to credit to Asia Miles or Qantas.

You can also transfer your DBS Points to Air Asia BIG Points, here 500 DBS Points will transfer into 1,500 BIG Points (a 3:1 ratio), though it won’t be much interest to our readers – BIG Points are worth only about $0.0034 each (0.34 cents), or about a fifth of the value of a KrisFlyer mile / Asia Mile.

It’ll cost $27.25 (including GST) each time you transfer DBS Points to frequent flyer miles, regardless of the total quantity.

DBS Points to miles transfers take between 5 and 10 working days according to the bank, but in our experience when converting to both KrisFlyer and Asia Miles you’ll see the miles in your account within 2 days.

Card details and benefits

Here’s a summary of the DBS Vantage card benefits, including 10 Priority Pass lounge visits and a free hotel night perk each year (click to expand).

DBS Vantage cardholders will benefit from a Priority Pass membership, entitling them to 10 free lounge visits per year. Access is then charged at US$32 (~S$45) per visit thereafter. While this is a decent number of lounge visits, unfortunately it falls short of the unlimited Priority Pass benefit you get with cards like the Citi Prestige. Nonetheless with travel very much back on the agenda there’s some value to be had here, even if it does only cover a couple of trips when travelling with your partner.

DBS Vantage cardholders also get a complimentary Accor Plus Explorer membership, which usually costs S$418 per year. The benefits include: Accor Live Limitless Elite Silver status 10% discount on best available rates Up to 50% off in-hotel restaurant dining 15% off drinks at in-hotel bars and restaurants Perhaps best of all though, the membership also gives you one complimentary night at an Accor property in the Asia-Pacific region each year. Before you get too excited, do note that there are specific property and whole brand exclusions (see here), so this isn’t a free night at Raffles or anything like that! While the free night is the biggest draw here, Accor Silver status also gives you a complimentary welcome drink and late checkout benefits for all stays, which can come in handy if you frequent Accor properties.

Unfortunately earlier this year DBS axed 6 mpd earning at Expedia on selected flight and pre-paid hotel bookings, which was a useful offer for many.

Terms and conditions

Here’s the full set of terms and conditions for the DBS Vantage Card, and for the latest 60,000 miles sign-up bonus promotion:

If you missed out on the recent 85,000 miles bonus, the 60,000 miles sign-up offer for the DBS Vantage Card deal is back for new-to-bank applicants over the next four months.

This one is valid for applications made between now and 31st August 2025, which are approved by 14th September 2025.

S$4,000 spend in 30 days is a reasonable requirement compared to previous offers, and this large tranche of bonus miles is a very useful stash to pick up at a competitive cost of 1 cent each.

Unfortunately existing DBS cardholders no longer get any spend bonus when applying for this card. Previously, up to 60,000 miles has been offered for these applicants.

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