DBS Live Fresh Card
- APR
- 27.8% – 27.8%
- Annual Fee
- $196.20
- Rewards
- Up to 6.0%
- Sign-Up Bonus
- $288
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Our Verdict
The DBS Live Fresh Card offers attractive cashback rates for everyday spending, but high annual fees may deter some users.
Pros
- Up to 6% cashback on shopping and rides
- 0.3% unlimited base cashback
- First year annual fee waiver
- 3.25% cashback to offset FX fees on selected overseas spend
- S$288 sign-up bonus for new customers
Cons
- Annual fee of S$196.20 after the first year
- Requires S$800 monthly spend for maximum rewards
- High APR of 27.8%
- Limited cashback categories may not suit all shoppers
- Approval may be challenging for those with lower credit scores
Our editorial team evaluated the DBS Live Fresh Card and found it appealing for those who spend frequently on retail and transport. With up to 6% cashback on shopping and rides, it's a solid option if you can maintain a monthly spend of S$800. Additionally, the first-year annual fee waiver makes it easier to test the waters without immediate financial commitment.
However, the annual fee of S$196.20 after the first year could be a dealbreaker for many. Those who don't frequently hit the spending threshold may find themselves paying more in fees than they earn in rewards. The high APR of 27.8% is also something to consider for users who may carry a balance.
In terms of customer experience, the app's functionality is generally well-rated, but hidden fees and challenges in approval can be concerning for some applicants. Compared to alternatives like the UOB One Card or Citi Cashback Card, which offer broader cashback categories without strict spending requirements, the DBS Live Fresh Card has its limitations. According to DBS's page, understanding the specific cashback caps is crucial to maximise benefits, so review those carefully before applying.
Watch Out
The high annual fee is a significant cost unless you can regularly meet the spending threshold for higher cashback.
Best For
Ideal for frequent shoppers and commuters looking to maximise cashback rewards, especially on overseas transactions.
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