DBS Bank India has launched the highly anticipated DBS Vantage Card, an invite-only super premium credit card that offers exclusive benefits and personalized experiences. This metal card sets new standards for luxury and lifestyle rewards and will initially be available to a select group of invitees. Cardholders can enjoy privileges such as travel perks, fine dining experiences, and complimentary access to prestigious golf courses. The card also offers low fees on international transactions, unlimited airport lounge access, and a 24-hour Visa concierge service. With strong ties to Singapore, the card provides unique benefits like 0% mark-up on spending in Singapore, exclusive discounts at select merchants, and a 24-hour dedicated concierge service. Eligibility is based on the applicant’s existing liability relationship with the bank and credit history.
Prashant Joshi, Managing Director & Head – Consumer Banking Group, DBS Bank India, said, “DBS Vantage Card, customers get special access to dining and stay experiences at 5-star hotels. They will also receive a welcome bonus of 10,000 Vantage Points (worth INR 10,000) with their first transaction. In addition to the welcome bonus, DBS Vantage Card provides extra rewards based on spending thresholds. Cardholders can earn an additional 10,000 bonus points on spends of INR 5,00,000 or 5,000 bonus points on spends of INR 3,00,000 in a calendar quarter. The card offers signature golfing experiences with four complimentary sessions per calendar year. DBS Vantage cardholders will earn 8 Vantage Points on every INR 200 spent internationally and 4 reward points on every INR 200 spent domestically. The DBS Vantage Card has an annual fee of INR 50,000. However, for DBS Bank’s Treasures Elite segment of customers, it comes at a price of INR 10,000 and for the Treasures segment, it is priced at INR 20,000. Further, this fee can be waived on spends of INR 10,00,000 and above in the preceding year, providing significant savings for the cardholders.