Redeem Phoenix Miles with DBS$

You can redeem Phoenix Miles with DBS$ through DBS iBanking.

You can redeem Phoenix Miles with your DBS$ as below:

DBS iBanking

(If you haven’t registered DBS iBanking, click here to see how to register)

You may refer to the conversion rate of DBS$ to Phoenix Miles as below

DBS Credit Card


DBS Black Card

DBS$ 32 = 1,000 Mileage Points

Other Applicable Cards

DBS$ 32 = 1,000 Mileage Points

You can use your DBS$ to redeem Phoenix Miles in the following ways:

  1. Login to DBS iBanking
  2. Got to the “Cards” section in the navigation pane
  3. Select “Redeem DBS$ Rewards”
  4. Select the card and follow the steps to redeem PhoenixMiles


  • Processing time:
    • The PhoenixMiles redeemed will be credited to the specified PhoenixMiles membership account automatically within 4-8 working days if the order successfully processed
  • Handling Fee:
    • HK$50/ every 5,000 (or part thereof) PhoenixMiles redeemed under each redemption
    • Maximum charge of HK$300 per redemption
    • The handling fee will be charged to the Cardholder’s Card account
    • Cardholders of DBS Black World Mastercard and DBS Black American Express Card are entitled to a waiver of the handling fee

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