Bajaj Finserv DBS Bank 5X Credit Card

About Bajaj Finserv DBS Bank 5X Credit Card

Development Bank of Singapore Limited, also known as DBS Bank, has introduced its first credit card in India in partnership with Bajaj Finance Limited. They have introduced two credit cards that come with various benefits and perks that can make your shopping experience smooth and fulfilling. 

The Bajaj Finserv DBS Bank 5X Rewards Credit Card allows you access to benefits such as rewards, discounts, cashbacks, privileges, etc. However, the highlight of a collaborative financial instrument like this one is the collective host of exclusive access to the DBS Card+IN app and the Bajaj Finserv Health Prime Network. This not only brings you the usual benefits of a credit card but also additional perks such as health plans, subscriptions, curated offers and much more. 

Key Highlights of the Bajaj Finserv DBS Bank 5X Credit Card

Certain key features of the Bajaj Finserv DBS Bank 5X Credit Card stand out to the world and make it a credit card worth applying for. A few of those key highlights are stated as shown below. 

1. No Annual Fee Applied

For the first year of utilising the Bajaj Finserv DBS Bank 5X Rewards Credit Card, no annual card fee will be applied. It is the second year onwards where a nominal fee of ₹499 + GST will be levied. If you spend ₹50,000 or more in a given year, its subsequent year will see no annual fees levied on your credit card account. 

2. DBS Mobile App

You can earn direct access to a larger world of shopping through the DBS Card+ IN app. Here you are provided with curated shopping choices, exclusive offers, and full access to credit card management, 

3. Contactless Payments

For repaying credit card bills, the hassle no longer exists with the Bajaj Finserv DBS Bank 5X Credit Card. You can use the DBS Card+ IN app to pay your credit card bills in one single tap along with making other payments for various purchases such as flight tickets, food, clothes, and more. 

4. Subscription Discounts

The Bajaj Finserv DBS Bank 5X Rewards Credit Card can support your OTT and online needs by offering special discounts of up to 20% on apps such as Zomato Pro, Gaana, Bewakoof and more. 

Features and Benefits of the Bajaj Finserv DBS Bank 5X Credit Card

The Bajaj Finserv DBS Bank 5X Credit Card is packed with various features and benefits that you can enjoy to make every purchase a worthy one. A list and detailed explanation of each benefit is given below. 

• 1x Rewards

You can earn up to 2 cash points for every ₹200 spent by you through the Bajaj Finserv DBS Bank 5X Rewards Credit Card. This is applied to all transactions except for fuel charges and cash withdrawals made through the credit card. These cash points will reflect on your card account for purchases made through the credit card. 

• 5x Rewards

Within a given period, if you spend ₹10,000, you are entitled to 5X rewards for all transactions except fuel charges and cash withdrawals. The cash withdrawals and the fuel charges will be counted to add up to ₹10,000; however, such transactions will not be rewarded. 

Additionally, 8 points for every ₹200 will be credited for all purchases in extension to the 1X rewards. However, a maximum cash points limit will be imposed on all cards of up to 3000 cash points per month. 

In case of any purchases made through add-on cards, a monthly computation of cash points will be taken into account for add-on card purchases as well. 

• 10x Rewards

The rewards section in the DBS Card+ IN app can help you earn 10X rewards for any purchases made through this platform. You can be eligible for 18 cash points for every ₹200 you spend on retail purchases. 

The maximum cash points you can earn in a month is 3000 points. This limit is not computed with the monthly milestone cash points. However, it is imperative to note that any flight-ticket purchases made through the DBS Card+ IN app will not add to the monthly milestone cash points and are not eligible for 10X cash points. 

• Membership Cash Points

Memberships taken from the DBS Card+ IN app can make you eligible to earn points or discounts. These memberships can earn up to 20% discount or 1000 cash points. 

• Other Exclusive Offers

As the user of the Bajaj Finserv DBS Bank 5X Rewards Credit Card, you can access various exclusive offers. These offers include arenas such as lifestyle, food, wellness, travel and much more along with discounts available on apps such as Gaana, Zomato Pro, Hindustan Times, etc. 

• Lounge Access

Using the Bajaj Finserv DBS Bank 5X Credit Card can bring you various airport privileges. You can get up to 4 complimentary lounge access instances (including both domestic airports and international airports) within a single year. 

• Fuel Surcharge Waivers

You can enjoy waivers on fuel charges (or surcharges) for transactions that range between ₹400 and ₹4,000 through the Bajaj Finserv DBS Bank 5X Rewards Credit Card. The maximum waiver amount can be computed to ₹100. 

• Interest-free Withdrawals

Credit cards allow you to withdraw cash from ATMs and so does the Bajaj Finserv DBS Bank 5X Credit Card. Moreover, you can withdraw money through cash that has zero interest charges applied to the amount for a maximum of 50 days.

• Health Plans

You can access benefits on the Bajaj Finserv Health App through a Bajaj Finserv Health Prime Membership. You can view all plans on the app itself which can be downloaded via Google Play or Apple Store. This health plan shall be valid for a year, i.e. 12 months, post registration. This membership can be renewed on a yearly basis. 

• Down Payment Cashbacks

The Bajaj Finserv DBS Bank 5X Credit card allows you to make purchases on EMI as well. A 5% cashback on down payments can be accessed at Bajaj Finserv partner stores for such purchases. 

• Additional Perks

As a Bajaj Finserv DBS Bank 5X Rewards Credit Card holder, you can access 10X cash points for purchases made through DBS Delights. Additionally, you can bag 3 consultations with a physician with a monthly premium of just ₹75 through the Bajaj Finserv Health mobile app.

Eligibility Criteria and Documents Required to Apply for DBS Bank 5X Rewards Credit Card

In order to be eligible for the Bajaj Finserv DBS Bank 5X Credit Card, you are required to meet certain criteria and have certain documents available for the bank/NBFC to verify and utilise for your membership or application. The eligibility criteria and documents required are as follows. 

Eligibility Criteria

• If you are applying for a Bajaj Finserv DBS 5X Credit Card, you must be a citizen of India. 

• Your age is required to fall within the bracket of 21 years to 70 years.

• You must have a regular source of income along with a 720 or more as a credit score. 

Documents Required

• Aadhaar Card for KYC verification in video format and biometric verification

• PAN Card

• Passport

• Marriage certificate 

• Gazette Certificate

How to Apply for DBS Bank 5X Rewards Credit Card

You can follow the easy steps given below in order to complete the application process for your Bajaj Finserv DBS Bank 5X Rewards Credit Card. 

• Step 1: Select ‘Apply Now’ on the product page.

• Step 2: Enter your mobile number. 

• Step 3: Agree to terms and conditions after having read all the clauses stated by Bajaj Finserv. 

• Step 4: Click on ‘Generate OTP’. 

• Step 5: Provide OTP as received on your mobile number. 

• Step 6: Check for offers from Bajaj Finserv DBS Bank Credit Card.

• Step 7: Choose your credit card as per preference.

• Step 8: Enter all relevant details as requested. 

• Step 9: Complete KYC process.

• Step 10: Use the Bajaj Finserv or DBS Card+ IN app to activate your brand new credit card.

Bajaj Finserv DBS Bank 5X Credit Card Customer Care Details

If you have any questions or concerns surrounding your Bajaj Finserv DBS Bank 5X Credit Card, you may use the following portals of contact to get in touch with an executive. 

Email address: supercardcare@dbs.com

Telephone number: 18602676789

Similar Credit Card Offered by DBS Bank

DBS Bank, in collaboration with Bajaj Finserv, offers another credit card that is very similar to the Bajaj Finserv DBS Bank 5X Rewards Credit Card which is the Bajaj Finserv DBS Bank 5X Plus Credit Card. The Bajaj Finserv DBS Bank 5X Plus Credit Card brings you various benefits such as a 4,000 cash-point welcome bonus, rewards, cashbacks, discounts, and much more. Below is a small comparison table that can help you understand the differences between the Bajaj Finserv DBS bank 5X Credit Card and the Bajaj Finserv DBS Bank 5X Plus Credit Card.