DBS Woman’s Card & DBS Woman’s World Credit Cards Review (2022)

DBS Woman’s Card & DBS Woman’s World Credit Cards Review (2022)

Being a woman comes with its fair share of perks in the world of credit cards. Specifically, woman’s cards which are designed to reward women with additional perks. Besides the UOB Lady’s Card, the DBS Woman’s and Woman’s World Cards are two other popular cards dedicated to women.

The DBS Woman’s and Woman’s World Card can be considered to be especially progressive because you don’t actually have to be female (or be defined as such by the law) to apply. Talk about being progressive!

In any case, we’re not here to debate gender politics but to see if this card is worth getting. Let’s dive into the details.

Contents

  1. DBS Woman’s vs Woman’s World Card: What’s the difference?
  2. DBS Woman’s Cards: Reward Points
  3. DBS Woman’s vs Woman’s World Card: Exclusions
  4. DBS Woman’s Cards: Points Expiry
  5. DBS Woman’s and Woman’s World Card: Privileges, Promotions
  6. DBS Woman’s Card & Woman’s World Card Sign-up Promotions
  7. DBS Woman’s Card & Woman’s World Card Fees
  8. DBS Woman’s Card vs UOB Lady’s Card
  9. Other rewards credit cards to consider

1. DBS Woman’s vs Woman’s World Card: What’s the difference?

Let’s get the obvious question out of the way before we delve into the specifics. What is the difference between the DBS Woman’s and Woman’s World card? Two things: annual income, and the reward points you receive.

The DBS Woman’s Card is the entry-level credit card for people with an annual income of $30,000 and above.

DBS logo
Online Shopping
on Online Purchases
S$5 = 5 DBS Points (2 Miles per S$1)
on Other Purchases
S$5 = 1 DBS Point (0.4 Miles per S$1)
e-Commerce Protection for Online Purchases
Complimentary

Meanwhile, the DBS Woman’s World Card is a posher, higher tier card with more attractive benefits. To qualify, you’ll need to have an annual income of $80,000 and above.

DBS logo
on Online Purchases
S$5 = 10 DBS Points (equivalent to 4 Miles per S$1)
on Overseas Purchases
S$5 = 3 DBS Points (equivalent to 1.2 Miles per S$1)
on all Other Purchases
S$5 = 1 DBS Point (equivalent to 0.4 Miles per S$1)

As with most higher tiered credit cards, the DBS Woman’s World Card offers higher rewards points earn rates which we’ll review below.

2. DBS Woman’s vs Woman’s World Cards: Reward Points

Both the DBS Woman’s Card and Woman’s World Card dole out rewards points when you shop online or make other purchases. Both cards do not have a minimum spending requirement.

DBS Woman’s Card DBS Woman’s World Card
Base Points 1X DBS Points per $5 1X DBS Points per $5
Bonus Points + 4X DBS Points per S$5 + 9X DBS Points per S$5
+ 7X DBS Points per $5 (foreign currency)
Bonus Category Online spend (all transactions via internet) Online spend (all transactions via internet)
Bonus Category Spend Cap Only on the first S$1,000 online spend per calendar month Only on the first S$2,000 online spend per calendar month
Overseas Spend (Foreign currency) + 2X DBS Points per $5

Note that you only earn points for every $5 spent – a common practice in the credit cards industry. Although the cards advertise as 10 miles per $1 spent, that’s actually not how it works. So, if most of your expenditure are under $5, you won’t be earning any points at all.

At 10X DBS points per $5 spend online, the DBS Woman’s World Card is a very good rewards credit card – definitely better than its entry-level DBS Woman’s Card counterpart. If your annual income exceeds $80,000, then you’ll earn more points with the World card.

The 10X bonus points only applies to the first $2,000 you spend online in a calendar month – also a great reason to curb your expenditure.

These reward points can then be converted to air miles, shopping vouchers, petrol vouchers, etc. from the DBS Reward Points Catalogue. However, as a DBS Woman’s Card user myself, I’ve realised that redeeming NTUC vouchers give you the best value for your points.

3. DBS Woman’s vs Woman’s World Cards: Exclusions

While you’re busy trying to chalk up your DBS Points, keep in mind that there are exclusions that do not qualify as online spend. Read: Even if you charged the following to your DBS Woman’s and Woman’s World cards, you will not earn DBS Points for these transactions.

  • School fees
  • Hospital bills
  • Insurance payments
  • Utility bills
  • Payments made via online banking
  • Government services
  • Purchase of crypto currencies
  • Bank payments
  • Top-up of funds on GrabPay, EzLink, NETS FlashPay etc.)

If you’re thinking of raking up your DBS Points by charging your electricity bills, insurance payments, or your crypto purchases to the card, you won’t be able to do so. Besides the main exclusions mentioned above, the DBS Woman’s and Woman’s World is still a pretty fuss-free card that will give you DBS Points on most online spend.

4. DBS Woman’s and Woman’s World Cards: Points Expiry

For both DBS Woman’s Card and DBS Woman’s World credit cards, all reward points you accumulate are only valid for one year.

How do people keep track of their reward points and expiry dates? Get your calendar mobile app working. Set reminders, lock in a date and time to redeem your points.

5. DBS Woman’s and Woman’s World Cards: Privileges, Promotions

With the DBS Woman’s Card, you’ll get to enjoy privileges and promotions that extend across fashion, beauty, and lifestyle categories. Basically, the stuff that us ladies spend, dare I say, quite a chunk of our monthly expenditure on.

It’s a rather extensive list of privileges that you will enjoy with the DBS Woman’s and Woman’s World Cards but I’ve picked out some attractive perks for you. Let’s start with beauty:

Beauty Privileges  Expiry
Cheongdam Korean Skin Management 50% off Astrodome O2 8 Steps Facial (promo code DBSx50Astro)

50% off Double Peel Therapy (promo code DBSx50Peel)

31 Dec 2023
Spa Esprit, BrowHaus, Strip 20% off treatment packages 31 May 2023
Amore Define New customer promo: Aromatherapy Swedish Massage with relaxing body polish at S$68 (U.P. $199.02)

Free $100 spa treatment voucher with purchase of min. $980 spa package on DBS Instalment payment plans

30 Apr 2023
Heure Beauty 15% off regular-priced items (min. spend $150) 30 Apr 2023

Next, the shopping privileges. If you’re looking for a workwear wardrobe refresh now that we’re all back to the office, these shopping deals will help you save some money:

Shopping Privileges  Expiry
Love Bonito $20 off Love Bonito Online with min. spend $150 (promo code DBS20 + first 6 digits of DBS/POSB card number)

10% off Love Bonito Online with min. spend $120 (promo code DBS10 + first 6 digits of DBS/POSB Card number)

10% off first online order for new customers with min. spend $80 (promo code DBSLBNEW + first 6 digits of DBS/POSB Card number)

31 Oct 2022

 

31 Dec 2022

Takashimaya 10% off regular priced items at Minor Miracles with min. spend $150 31 Dec 2022
Pomelo 30% off with min. spend of $40 for new customers, discount capped at $20 (promo code DBSNEW22)

25% off with min. spend of $80 for existing customers, discount capped at $30 (promo code DBSPOMELO22)

31 Dec 2022
YOOX 15% off site-wide (promo code DBS15) 30 Sept 2022

Lastly, travel! If you’re planning your year-end getaway, save some extra bucks with the following deals:

Travel Privileges  Expiry
Trip.com Hotels:

$50 off with min. spend $400 (promo code DBS50TRIP)

$10 off with min. spend of $150 (promo code DBS10TRIP)

Flights:

$50 off with min. spend $450 (promo code DBS50TRIP)

 

31 Dec 2022
Booking.com 1o% cashback on accommodation bookings 31 Dec 2024

As you might be able to tell from the table above, the DBS Woman’s card privileges and promos best serve you if you’re big on fashion and beauty.

6. DBS Woman’s and Woman’s World Card Sign-up Promotions

If you’re thinking of applying for the DBS Woman’s Card or the DBS Woman’s World Card, you’re in luck! The following are exclusive ongoing MoneySmart promotions that you can qualify for:

DBS Woman’s Card $150 cashback (promo code 15oCASH) $800 31 Aug 22
DBS Woman’s World Card $150 cashback (promo code 150CASH) $800 31 Aug 22

Here are the steps:

  • You must be new to DBS credit cards (or have cancelled yours more than a year ago)
  • Apply online through DBS, using promo code 150CASH
  • Spend at least $800 in eligible transactions within 60 days of card approval
  • Promotion ends 31 August 2022

7. DBS Woman’s Card & Woman’s World Card Fees

You also need to spend at least $15,000 (DBS Woman’s Card) or $25,000 (DBS Woman’s World Card) per year if you want to get your annual fee waived after the first year. That kind of works out to $1,250 per month.

If you’re not going to hit $15,000 or $25,000 annually, you’ll have to foot the annual card fee of $160.50 or $192.60 after the first year which is a pretty standard rate for credit cards. However, if you’re well-seasoned in this credit card game, you’d know you can potentially get your fees favoured by calling into customer service.

DBS Woman’s Card

DBS Woman’s World Card

Annual fee & waiver

$160.50, waived for first year

$192.60, waived for first year

Supplementary annual fee

$80.25

$96.30

Interest free period

25 days

Annual interest rate

26.80%

Late payment fee

$100

Minimum monthly repayment

3% or $50, whichever is higher

Foreign currency transaction fee

3.25%

Cash advance transaction fee

8% or $15, whichever is higher

Overlimit fee

$40

Minimum income

$30,000

$80,000

Card association

MasterCard

Wireless payment

MasterCard PayPass, Apple Pay, Samsung Pay, Google Pay

8. DBS Woman’s Card vs UOB Lady’s Card: which is better?

The UOB Lady’s Card is the most well-known women’s card in Singapore, thanks to aggressive advertising.

UOB logo
MoneySmart Exclusive
AMAZING APRIL PROMOTION
Base Earn Rate
S$5 = 1X UNI$ (or 2 miles)
Category of Choice
S$5 = Up to 25X UNI$ (equivalent to 10 miles per S$1)
Min. Spend
S$0
MoneySmart Exclusive:

[Amazing April Promotion | CASH BONUS]
Stand a chance to get an Sony PlayStation®5 (SLIM) Disc Edition (worth S$799) when you apply through MoneySmart! The first 6 successful applicants who submit the claim form at 2pm or 9pm can also receive a S$88 Cash Bonus via PayNow! T&Cs apply.
 
PLUS get S$350 Cash Credit from UOB when you are the first 200 new-to-UOB customers who successfully apply for an eligible UOB Credit Card and spend a min. of S$1,000 per month, for 2 consecutive months from the card approval date. T&Cs apply.

Valid until 21 Apr 2024

Unlike the DBS Woman’s Card, the UOB Lady’s Card is only open to people whose NRICs read “female”.

As for the benefits, the UOB Lady’s Card offers 10X rewards on every $5 spent in one category of your choice, changeable every quarter — travel, dining, beauty/wellness, fashion, transport and entertainment, with the 10X earn rate capped at $1,000 worth of spending each month. All other spending earns 1X point per $5 spent.

The card is thus more generous than the DBS Woman’s Card and on par with the DBS Woman’s World card in terms of maximum rewards points earn rate. The DBS Woman’s World Card does have a higher cap at $2,000 worth of spending, though.

So, which to choose? For shopping purposes, it really depends on whether you’d rather be rewarded for online purchases or “family” and “fashion” purchases.

For instance, if you buy lots of clothes and prefer being able to try them on in person, the UOB Lady’s Card might be more useful as it rewards you for fashion purchases both online and off, while the DBS Woman’s Card only rewards you for online purchases.

Other than that, the two cards don’t really overlap so there’s nothing stopping you from using both.

9. Other rewards credit cards to consider

Not a woman or looking for a different shopping rewards card? Here are our recommendations:

Citi Rewards Card – Earn 10X rewards (4 miles) on online and shopping purchases, ride hailing apps and online food delivery.

Citibank logo
MoneySmart Exclusive
LUCKY DRAW | GET UP TO S$18,000 WORTH OF PRIZES
on Online & Shopping Purchases
S$1= 10X Points
for all other purchases
S$1= 1X Point
Rewards Conversion
10X Points = 4 Miles
MoneySmart Exclusive:

[FASTER GIFT REDEMPTION | GIVEAWAY]
Get a Sony WH-1000XM5 Wireless Noise Cancelling Headphones (worth S$589) or an Apple iPad (9th Gen), 64GB (worth S$508.30) or a Nintendo Switch OLED (worth S$549) or S$300 Cash via PayNow, in as fast as 6 weeks from meeting the S$500 spend criteria!
 
PLUS stand a chance to get a Rolex Submariner 124060 (worth S$15,521) or an Apple iPhone 15 Pro, 128GB (worth S$1,664.25) or a Sony PlayStation®5 (SLIM) Digital Edition (worth S$669) when you apply through MoneySmart! T&Cs apply.

Valid until 21 Apr 2024

Standard Chartered Rewards+ Credit Card – 10X rewards points on overseas retail/dining/travel, 5X rewards points on local dining transactions.

Standard Chartered logo
MoneySmart Exclusive
Earn up to 10X Rewards Points
on Foreign Currency Spend
S$1= 10X Points
on Local Dining Spend
S$1= 5X Points
on All Other Spend
S$1= 1X Point
MoneySmart Exclusive:

Get a Sony LinkBuds S Earbuds (worth S$309) or a Lenovo Tab M10 Gen 3 (worth S$299.01) or up to S$230 Cash via PayNow when you apply and meet the relevant spend criteria! T&Cs apply.

Valid until 30 Apr 2024

HSBC Revolution Credit Card – 10X rewards points (4 miles or 2.5% cashback) on online and contactless spending.

HSBC logo
MoneySmart Exclusive
Earn up to 4 miles per S$1 | Instant Activation*
on Online Spend and Contactless Payments
S$1 = 10X Points
on All Other Spend
S$1 = 1X Point
for every 10 Points
Earn 4 Miles
MoneySmart Exclusive:

Get a Hinomi Q1 Ergonomic Chair (worth S$499) or a Samsung 27-inch Smart Monitor M5 (worth S$432) or an Apple AirPods 3rd Gen + S$50 Cash (worth S$313.80) or S$150 Cash via PayNow when you apply and spend a min. of S$500 from Card Account Opening Date to the end of the following calendar month. T&Cs apply.

Valid until 30 Apr 2024

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