Advertising standards are very poor in Singapore.

Just look at what the telecoms companies get away with, such as giving you free incoming calls (which in reality you will only get if you select to be automatically charged like 70 cents a day - this of course they forget to mention) or calls at X cents (turns out this is just the off-peak rate - but of course this isn't mentioned in the ad either).

It has always been $80,000 since this card was launched.

I agree, if you look, they slap you with an "invitation to treat" with a very tempting offer but once you refer to the t&c, its a whole load of BS.

Although I know of people earning <40% of this income "requirement" holding the card as a primary card holder.

I'm sure the can bend the rules, though on a side note there are legal limits imposed on the credit limit that customers can be given.

For those who earn below S$10,000/mth, the maximum limit is 4x their salary. For those who earn more this legal limit does not apply and the bank can give (much) more at their own discretion.

DBS has just changed their points earning structure. From April 2012 it's only 1.6 points after the first $2000 spend (previously $1000).

Love how they can change the T&C at such short notice. I wonder if you are entitled to ask for a refund of the annual fee if you cancel because of this (or other changes)

Yeah, they're taking a step back with this.

Of course it doesn't help when they have no competition any more, with other banks giving up the chase to edge out in front with the best card for mileage-accrual.

If 1.6 mile/S$ only kicks in at S$2,000, then my breakeven point for using Altitude over Premiermiles is S$2,450. Not such a clear cut winner now.

You cannot buy or easily top up miles and redemptions are ways to expensive. Threshold for reaching Gold is ways too high compared to A3 or BD or OZ.

Which of this programs can you put miles into from a Singapore CC? BD is also 50k to qualify first time but gets you 1 years of Gold. After that 38k while TG is effectively 40k (80k over two years).

yea they know that they have no clear competition on this. I hope citi pm can come back with tiered mileage earnings and whoop their .....

I would think that's unlikely, since the bank gets less of a cut with visa than amex from retailers.

Should boycott DBS Altitude card from now...
 

So this is how DBS rewards your loyalty...by changing the award structure to minimum $2000 spend so that it is harder for you to earn the bonus miles.

On top of that, they also increase the transfer requirement to in blocks of 4000 KrisFlyer miles (2000 DBS Points)instead of 2000 KrisFlyer miles (1000 DBS Points), making it harder for you to create that block to transfer the miles.

Please boycott DBS Altitude Card and switch to Citi Premiermiles card!

Too funny, let's boycott DBS even though Citi was the first to lower its redemption ratio? Citi used to give 1.6 for higher spend, but they chickened out and are back down to 1.2.

DBS now gives 1.2 for first 2k spend (used to be for first 1k), and then 1.6 thereafter.

Citi will only be competitive if you don't spend a lot on your CC (under 2-2.5k), otherwise they will lose out to DBS each time. You want to promote Citi? Let's see them raise their ratio to what it was before.

Old news about the conversion (you posted the same stuff back in July), and who cares since your points never expire?

actually citi used to give 2 pts above $4k spend.

But i will still use both cards, dbs if i am going to spend alot in that month or for bills in denominations of $5. citi pm for everything else.

You're right, it used to be 2 miles above $4k, but back down to 1.2 on everything now.

Worse still, they will no longer issue new Platinum cards which were their best product for mileage-accrual IMO, giving you a nice points bonus across supermarkets and department stores. :td: