DBS Spark Credit Card – Benefits, Fees & Eligibility

Introduction

The DBS Spark Credit Card is offered in three variants: Spark5, Spark10, and Spark20, each designed to cater to different needs and budgets, with Spark20 providing the highest benefits. This card is ideal for individuals seeking an affordable and customizable credit card with attractive features, especially young shopping enthusiasts, offering a blend of rewards and practical benefits. It promises to add magic to life's moments, from memorable trips to perfect dates.

Welcome Benefits

• Overall Welcome Bonus: Enjoy a welcome bonus of up to 7,500 Cash Points. This bonus is available within 30 days of card setup and payment of the joining fee.
• DBS Spark5 Credit Card: Receive a welcome bonus of 2,500 Cash Points on your first transaction within 30 days and payment of the joining fee.
• DBS Spark10 Credit Card: Receive a welcome bonus of 5,000 Cash Points on your first transaction within 30 days and payment of the joining fee.
• DBS Spark20 Credit Card: Receive a welcome bonus of 7,500 Cash Points on your first transaction within 30 days and payment of the joining fee.

Fees

• Joining Fee:
  • DBS Spark5 Credit Card: Rs. 499 + GST
  • DBS Spark10 Credit Card: Rs. 999
  • DBS Spark20 Credit Card: Rs. 1,499
• Renewal Fee:
  • DBS Spark5 Credit Card: Rs. 499 + GST
  • DBS Spark10 Credit Card: Rs. 999
  • DBS Spark20 Credit Card: Rs. 1,499
• Spend-Based Waiver (Annual Fee Waiver):
  • DBS Spark5 Credit Card: Annual fee waiver on spending Rs. 1,50,000 in an anniversary year.
  • DBS Spark10 Credit Card: Annual fee waiver on spending Rs. 2,00,000 in an anniversary year.
  • DBS Spark20 Credit Card: Annual fee waiver on spending Rs. 2,50,000 in an anniversary year.
• Rewards Redemption Fee: Rs. 99 + GST
• Foreign Currency Markup: 3.5%
• Interest Rates: 3.5% - 4% Per Month (42% - 48% Per Annum)
• Fuel Surcharge Waiver:
  • Overall: 1% fuel surcharge waiver.
  • DBS Spark5 Credit Card: Up to Rs. 100 per month.
  • DBS Spark10 Credit Card: Up to Rs. 150 per month.
  • DBS Spark20 Credit Card: Up to Rs. 250 per month.
• Cash Advance Charges: 2.5% of the amount withdrawn.
• Rental Transaction Fee: 1% fee for each rental transaction.
• Card Replacement Charges: Rs. 200 for replacement and re-issue.

Rewards

• General Cash Point Earning:
  • Earn 2 Cash Points on every ₹200 spent across all variants.
  • Some categories are not eligible for earning Cash Points, including Fuel, Wallet Load, Jewellery, Rent, EMI transactions, and balance transfers.
• Cash Point Value:
  • 1 Cash Point = Rs. 0.20.
  • Cash Points can be redeemed for discounts on shopping, travel, dining, gifting, etc., on dbsdelights.in, where 1 Cash Point equals up to ₹0.25.
• Monthly Milestone Benefits (Accelerated Cash Points):
  • DBS Spark5 Credit Card:
    • Spend Rs. 10,000 monthly.
    • Earn Bonus 5X Cash Points (up to 3,000 Cash Points) on monthly offline spends.
  • DBS Spark10 Credit Card:
    • Spend Rs. 15,000 monthly.
    • Earn Bonus 10X Cash Points (up to 5,000 Cash Points) on all eligible online spends.
    • Earn Bonus 5X Cash Points (up to 5,000 Cash Points) on monthly offline spends.
  • DBS Spark20 Credit Card:
    • Spend Rs. 20,000 monthly.
    • Earn Bonus 20X Cash Points (up to 7,000 Cash Points) on Utility, Dining & Grocery spends.
    • Earn Bonus 10X Cash Points (up to 7,000 Cash Points) on monthly online spends.
    • Earn Bonus 5X Cash Points (up to 7,000 Cash Points) on monthly offline spends.
• Quarterly Milestone Benefits (Bonus Cash Points):
  • DBS Spark5 Credit Card:
    • Spend Rs. 50,000 in a calendar quarter.
    • Earn Bonus 2,500 Cash Points.
  • DBS Spark10 Credit Card:
    • Spend Rs. 75,000 in a calendar quarter.
    • Earn Bonus 3,500 Cash Points.
  • DBS Spark20 Credit Card:
    • Spend Rs. 1,00,000 in a calendar quarter.
    • Earn Bonus 5,000 Cash Points.
• Movies:
  • Buy 1 ticket and save up to ₹200 on the second one on BookMyShow.
  • This offer is available across all card variants.
• Dining:
  • Special deals on dining are available through DBS Delights.
• Travel (Lounge Access):
  • DBS Spark5 Credit Card: 1 complimentary lounge access per quarter at select domestic airports.
  • DBS Spark10 Credit Card: 1 complimentary lounge access per quarter at select domestic airports.
  • DBS Spark20 Credit Card: 2 complimentary lounge access per quarter at select domestic airports.
  • No international lounge access is offered with any variant of this credit card.
• Shopping & Lifestyle:
  • Exclusive offers from 100+ brands on dbsdelights.in, the bank's rewards & redemption platform.
  • Avail gift cards and memberships.
  • Special deals on flights and hotels.
  • Best suited for shopping.
• Other Benefits:
  • Easy EMIs: Easily convert your spends above ₹2,500 into EMIs.
  • Interest-Free Cash Withdrawals: Withdraw up to your assigned cash limit, with interest-free cash withdrawals for up to 50 days.
  • International Acceptance: Effortlessly shop on international websites or while traveling abroad.

Rewards Redemption Guide

• Cash Points can be redeemed for discounts on shopping, travel, dining, gifting, and more on dbsdelights.in.
• You can instantly redeem your Cash Points for travel bookings, vouchers, and other benefits.

Card Review

The DBS Spark Credit Card offers a simple fee structure with an annual fee waiver linked to yearly spending, making it an attractive option for a mid to entry-level credit card. Its rewards program provides 2 Cash Points on every Rs. 200 spent, along with beneficial welcome bonuses and quarterly milestone rewards, adding substantial value for users. The ability to choose from three variants (Spark5, Spark10, Spark20) provides flexibility, allowing customers to select a card that best fits their budget and needs.

A notable drawback is the absence of international lounge access, which might not suit frequent international travelers. Despite this, the DBS Spark Credit Card is a strong contender for individuals seeking a customizable and rewarding credit card, particularly for those focused on shopping and domestic travel.

Important Product Details

• The DBS Spark Credit Card is available in three variants: Spark5, Spark10, and Spark20, each with tiered benefits and fees.
• All variants earn 2 Cash Points on every ₹200 spent.
• Welcome bonuses range from 2,500 to 7,500 Cash Points, depending on the variant, upon first transaction and joining fee payment within 30 days.
• Annual fees are Rs. 499 (Spark5), Rs. 999 (Spark10), and Rs. 1,499 (Spark20), with waivers based on annual spending.
• Accelerated Cash Points (5X, 10X, 20X) are earned upon reaching monthly spending milestones.
• Bonus Cash Points are awarded for achieving quarterly spending milestones.
• Enjoy a Buy One Get One (BOGO) offer on movie tickets on BookMyShow, saving up to ₹200 on the second ticket.
• Complimentary domestic lounge access is provided quarterly (1 for Spark5 and Spark10, 2 for Spark20).
• A 1% fuel surcharge waiver is available, capped monthly depending on the card variant.
• No international lounge access is offered.
• Cash Points can be redeemed for discounts on various categories on dbsdelights.in.
• Flexibility to convert spends above ₹2,500 into EMIs.
• Interest-free cash withdrawals for up to 50 days are available.

Other Details

• The card is rated 4.4/5.
• It is best suited for shopping.
• Reward type is Reward Points.
• The DBS Card+ mobile app offers ease for paying bills, finding offers, and managing the card.