InstaRedeem
Offset your spending at any merchants around the globe with DBS$ with just a few taps!
You can use InstaRedeem to deduct the partial or full amount from a transaction using DBS$ (depends on card type), the deduct ratio is DBS$1 = $1 HKD.
Redeem DBS$ at any merchants round the globe by just one tap on your Timeline. For detailed instruction, please click here.
If you wish to deduct the amount of a transaction by using InstaRedeem, you have to click the InstaRedeem button within 30 days or before the statement date (whichever is earlier) from the spending date.
Once we receive the InstaRedeem request, we will deduct the full amount of DBS$ (depending on card type) that you own and credit the same amount of cash back into your credit card account to hedge the transaction balance.
If the DBS$ (depending on card type) is not enough to deduct the full transaction amount, the Bank will only deduct the amount equal to the amount of DBS$ (depending on card type), and the remaining amount will be shown in the monthly bill payment.
InstaRedeem can only deduct the integer value of a credit card transaction, and the decimal value will not be deducted.
InstaRedeem can only deduct the full transaction amount or the reward points value (whichever is lower).
To borrow or not to borrow? Borrow only if you can repay !
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