DBS Vantage Credit Card: rewards, caps and exclusions
The DBS Vantage Credit Card pays about 10% on Flight & hotel bookings via DBS Delights (online), on the first ₹1,50,000 of spend a month, and 2% on everything else. Below is every rate, cap and exclusion in DBS Bank's published terms, as we last checked them on 9 October 2026.
What it earns
≈ marks a rate paid in points, valued at ₹1 a point. That is Zenidhi's conservative valuation, the same one the audit uses: the cheap end of what the points can be redeemed for, never the best transfer. Redeemed well, they can be worth more.
What earns nothing
Spend in these categories earns no rewards on this card, however it is paid for:
- Fuel
- Wallet loads
- Cash withdrawals and fees
- Rent
- Education fees (since 10 July 2026)
- EMI conversions
- International spends (since 10 July 2026)
Milestones
In DBS Bank's own words:
- 10,000 Vantage Points on spends above Rs. 5,00,000 in a calendar quarter. Cumulative bonus points earned in a calendar year are capped at 40,000 Vantage Points. → 10,000 VP
Fees
- Annual fee: ₹20,000, plus 18% GST
- Joining fee: ₹20,000
Welcome benefit: 10,000 Vantage Points (Non-Treasures customers paying the ₹20,000 joining fee) on paying the joining fee and meeting a spend condition.
Where this comes from
Transcribed from DBS Bank's own documents and checked against them on 9 October 2026:
Banks change these terms, sometimes with a month's notice. If a figure here disagrees with DBS Bank's current document, the bank's document is right. Tell us at support@zenidhi.com and we'll fix the rule, here and in the app.
Hold this card?
We know this card's rules, but we don't read DBS Bank's mail yet, so the audit can't check your swipes on it. Which banks we read