DBS Black World Mastercard® Welcome Offer Terms and Conditions

  1. DBS Black World Mastercard Welcome Offer (“Welcome Offer”) is only available to applicants who have successfully applied to become the principal cardholder of DBS Black World Mastercard issued by DBS Bank (Hong Kong) Limited (the “Bank”) (“New Card”) by submitting the DBS Black World Mastercard application form (“Application Form”) to the Bank during the period from 2 January 2024 to 2 April 2024 (“Offer Period”) and all supporting documents required by the Bank within one month from the date of application.
  2. Unless otherwise specified, the Welcome Offer is applicable to both “New Customers” and “Existing Customers” (collectively, the “Customers”).  “New Customers” shall mean applicants who, during the New Card approval process have not applied for, do not currently hold, or in the 12 months prior to the date of application for the New Card, have not held and/or cancelled any principal credit cards (including co-branded cards) issued by the Bank. “Existing Customers" shall mean applicants who, during the New Card approval process have not applied for, do not currently hold, or in the 12 months prior to the date of application for the New Card, have not held and/or cancelled DBS Black World Mastercard issued by the Bank. 
  3. Under the Welcome Offer, Customers are entitled to the applicable welcome gift (“Welcome Gift”) set out below:
    4. New Customers Existing Customers
    Up to 40,000 Miles, Extra 2,000 Miles and/or HK$50 InstaRedeem Discount HK$50 InstaRedeem Discount
  4. Each Customer can enjoy the Welcome Offer once during the Offer Period. For the avoidance of doubt, if Customer has successfully applied for more than one New Card with the Bank by submitting multiple Application Forms to the Bank, he/she will only be entitled to enjoy the Welcome Offer once in respect of all applications submitted during the Offer Period.
  5. Apart from Clause 6, 7 and 8 below, Customer must download DBS Card+ mobile application (“DBS Card+”), register and activate DBS Card+ account and activate physical New Card within 1 month of the New Card issuance date in order to be eligible to the Welcome Gift. For Customer who has already registered and activated DBS Card+ account, there is no need to register DBS Card+ account again.
  6. Terms and conditions applicable to Up to 40,000 miles (“Miles Reward”):
    7. 6.1. New Customer must accumulate retail spending (“Eligible Spending”) of designated amount (as set out in the table below) (“Spending Requirement”) with the New card within 3 months of the New Card issuance date (“Spending Period”) in order to be eligible to the Miles Reward as set out in the table below:
    Spending Requirement Miles Reward
    Tier 1: Accumulated Eligible Spending of HK$8,000 8,000 miles (i.e. DBS$384)
    Tier 2: Accumulated Eligible Spending of HK$20,000 12,000 miles (i.e. DBS$576)
    Tier 3: Accumulated Eligible Spending of HK$80,000 40,000 miles (i.e. DBS$1,920)

    6.2. Apply Instant Cash (i.e. “Call-a-loan” or “Funds Transfer”) with the New Card via the Bank’s Instant Cash webpage or DBS Card+, the successful approved and cash out Instant Cash loan amount can be deemed as Eligible Spending amount (subject to a cap of HK$3,000).

    6.3. The Miles Reward will be awarded to the eligible New Customers in the form of DBS$ for the New Customers to redeem miles by themselves. Hence, New Customer must choose to participate in the DBS$ Redemption Scheme. The DBS$ awarded to the New Customer shall include the spending reward earned by the New Customer under the DBS$ Reward Scheme (“Basic Reward”). For the avoidance of doubt, please refer to the below examples for calculation method:

    Example

    Spending amount reaching designated tiers within first 3 months
    A

    		 Miles earned based on Welcome Gift  
     B    		 DBS$ required to redeem the miles^
    C =B÷1,000×48    		 Basic Reward earned for the relevant spending amount
    D
    =Local Spending of A÷250×2    # + Overseas Spending of A÷250×3+    		 Extra DBS$ to be credited by the Bank ("Extra Reward")
    E
    =C-D 
      Local Spending Overseas Spending        
    Tier 1 HK$5,500 HK$2,500 8,000 384 74 310
    Tier 2 HK$7,320 HK$12,680 12,000 576 210 366
    Tier 3 HK$69,000 HK$11,000 40,000 1,920 684 1,236
    ^Calculated based on the  conversion rate of DBS$48 = 1,000 miles.
    #Calculated based on HK$250 = DBS$2, since DBS$ is in integral, DBS$ earned will be rounded down to the nearest integer.
    +Calculated based on HK$250 = DBS$3, since DBS$ is in integral, DBS$ earned will be rounded down to the nearest integer.
  7. Terms and conditions applicable to Extra 2,000 Miles:
    7.1. New Customers who reload their Octopus via the Octopus Automatic Add-Value Services and the accumulated reloaded amount is HK$1,000 or above or successfully apply for Flexi Shopping Programme (of any amount) with 12 or more monthly instalments with the New Card within the Spending Period, are entitled to Extra 2,000 Miles (“Extra Miles Reward”). The Extra Miles Reward will also be awarded to the eligible New Customers in the form of DBS$ (i.e. DBS$96) (“Extra Reward”) for the New Customers to redeem miles by themselves.
  8. Terms and conditions applicable to HK$50 InstaRedeem Discount for New Customers and Existing Customers:
    8.1. New and Existing Customers are entitled to get HK$50 InstaRedeem Discount (“HK$50 InstaRedeem”) if they successfully activate the physical New Card via DBS Card+ within 2 months from card issuance date.
  9. The relevant Welcome Gift will be sent to eligible Customers as follows:

    10. 9.1. Miles Reward and Extra Miles Reward
    9.1.1. Basic Reward will be credited to the New Card account automatically and shown on the monthly statement after the relevant transactions are posted. Extra Reward will be credited to the New Card account of the eligible New Customer after meeting the relevant requirements, and within three months after the end of the Spending Period and shown on the monthly statement. Below fulfillment schedule is for reference:
    New Card Approval Date Extra Reward Fulfillment Period
    2 to 31 January 2024 by 30 July 2024
    1 to 29 February 2024  by 31 August 2024
    1 to 31 March 2024 by 31 September 2024
    1 to 30 April 2024 by 30 October 2024
    9.2. HK$50 InstaRedeem
    9.2.1. The HK$50 InstaRedeem will be awarded to the eligible Customers via the red “InstaRedeem” button of DBS Card+ upon completing retail single spending transaction with amount of HK$50 or above with the physical New Card and when the spending displays on Spending page of DBS Card+. Reloads of e-Wallets (e.g. PayMe, WeChat Pay and Alipay), retail transactions paid through e-Wallets and payment or transfer via “Pay & Transfer” function of DBS Card+, will not be considered as spending for pushing of the red “InstaRedeem” button.

    9.2.2. In order to receive push notification, eligible Customers must enable the “InstaRedeem” push notification of DBS Card+.

    9.2.3. The eligible Customer can use the HK$50 InstaRedeem received to set off the amount payable for that transaction via the “InstaRedeem” function of DBS Card+. If the eligible Customer fails to complete transactions with the New Card to enjoy the HK$50 InstaRedeem within 3 months starting from the month of the New Card issuance date, he/she will be deemed to have forfeited the Welcome Gift. The Bank will not make any special arrangements and any forms of compensation.

    9.2.4. The HK$50 InstaRedeem as a Welcome Offer cannot be enjoyed in conjunction with other “InstaRedeem” promotion offers offered by the Bank and the merchants. If Customer’s spending meets the award requirements of other “InstaRedeem” promotion offer at the same time, the Bank has the right to determine which offer to be awarded in respect of that spending. When the spending has already been awarded under the Welcome Offer, the same spending cannot be awarded again under other “InstaRedeem” promotions and vice versa. In case of any disputes, the Bank reserves the right of final decision.

  10. For the purpose of Welcome Offer, “Eligible Spending” refers to any posted retail transactions (including both local and overseas spending) (for Eligible Spending transactions being settled with Card Interest-free Instalment Loan, only posted monthly instalments in the New Card account shall be counted) and the amount mentioned in clause 6.2 above. For the avoidance of doubt, the following types of transaction shall not fall under the scope of Eligible Spending: fund purchases, cash advances and relevant handling/administration fees, application fee/handling fee and add value of Octopus Automatic Add-Value Service, casino chips, foreign exchange, finance charges, reversed transactions, late charges, credit card annual fee, “Call-a-loan” (except for the amount mentioned in clause 6.2 above), “Balance Transfer”, “Funds Transfer” (except for the amount mentioned in clause 6.2 above),  monthly instalment amount of “Flexi Shopping Programme”,  transactions in Hong Kong Dollars at the point of sales (in case of online transactions, the place of registration and/or settlement of the merchant) outside Hong Kong, insurance payment, tax payment, top up of e-Wallets (including but not limited to PayMe, WeChat Pay and Alipay), bill payment transactions (made through DBS iBanking, JET Payment Service, 24-hour Customer Services Hotline, the “Pay and Transfer” function of the mobile application or any other means as specified by the Bank from time to time), fund transfer transactions (made through the “Pay and Transfer” function of the mobile application or any other means as specified by the Bank from time to time), transactions that have been subject to cancellation, charge-back, return of goods and/or refund or any other types of transactions specified by the Bank from time to time. Within retail transactions, spending related to (a) adding value to Octopus via Apple Pay, Google Pay and Samsung Pay; and (b) spending conducted via electronic wallets (including but not limited to PayMe, WeChat Pay and Alipay (except at merchants designated by the Bank from time to time) but other than Apple Pay, Google Pay and Samsung Pay) shall be collectively referred as “E-Wallet Spending”.  From 1 December 2023 and onwards, only the first HK$5,000 E-Wallet Spending of the Customers in each calendar month shall be regarded as Eligible Spending.  Any E-Wallet Spending exceeding HK$5,000 in each calendar month shall not be Eligible Spending. 
  11. Fulfillment of the Spending Requirement shall be calculated based on Eligible Spending conducted with each New Card successfully applied during the Offer Period. If Customer has successfully applied for more than one New Card, Eligible Spending transactions conducted with different New Cards cannot be combined for the purpose of calculating fulfillment of the Spending Requirement. The amount of any Eligible Spending transactions conducted through any supplementary card under the New Card will be aggregated with that of the principal card of the New Card for the purpose of calculating fulfillment of the Spending Requirement.
  12. If Customer cancels his/her New Card or does not activate the physical New Card within 12 months from the New Card issuance date, the Bank will debit the Welcome Offer and Extra Reward (if applicable) or its equivalent amount from the Customer’s account without notice.
  13. Welcome Gift is only available to Customers whose New Card accounts are determined in the sole discretion of the Bank to be in good standing, remain valid and not in default during the period from New Card issuance date to issuance of the Welcome Gift. The Bank shall have the sole discretion in determining a Customer's entitlement to the Welcome Gift.
  14. Customers must keep the original receipt of each Eligible Spending transactions. In case of disputes about the entitlement of Welcome Gift, the Bank reserves the right to require the Customer to present the original receipt of the Eligible Spending transactions for verification. If there is any discrepancy between the Bank’s record and Customer's receipt, the Bank’s record and determination shall be final and conclusive.
  15. Entitlement to the Welcome Offer is subject to there being no abuse/non compliance by the Customer, failing which the Bank will debit the value of the Welcome Offer from the Customer's account without notice and/or take such action to recover any outstanding amounts.
  16. During card application quality inspection, if the Bank finds the supporting documents (including but not limited to the front and back of Hong Kong Identity Card) provided by Customers are damaged, cropped (including Hong Kong Identity Card in both front and back of the see-through window), blurred or glared, regardless the application is approved instantly, the Bank has the right to require Customers to re-upload the relevant intact supporting documents to the Bank, otherwise the New Card would be suspended and Welcome Offer and Extra Reward (if applicable) will not be entitled.
  17. The Bank may change these terms and conditions and/or modify or terminate the Welcome Offer. The Bank’s decision is final.
  18. The English version shall prevail if there is any inconsistency between the English and Chinese versions.