New Customer# apply for DBS Credit Card can also enjoy the following double welcome offer：

• 3 Free Trials for Flexi Shopping
  New customers apply for Flexi-Shopping with 6 months instalments via DBS Card+ during the Promotion Period to enjoy 3-Times Free Trial for Flexi Shopping!
• 3 months Interest Cash Rebate for Instant Cash Instalment Loan
  During the promotion period, new customers successfully applied the first Instant Cash Instalment Loan with cash out amount >=HK$30,000 and number of Instalments >= 36 months could enjoy 3 months Interest Cash Rebate.

#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 and/or COMPASS VISA credit cards) issued by the Bank.

• Mastercard® Airport Experiences Provided by LoungeKey
  With Mastercard® Airport Experiences, you can now:
  • Access to 850+ lounges in over 400 airports worldwide (US$32 per person per visit)
  • Savour up to 15% dining discounts
  • Enjoy up to 15% off at retail stores
  • Receive up to 15% off selected spa services
• Complimentary Newspaper / Magazine Redemption at Airport
  Simply present your DBS Black Card and valid boarding pass1 (which departure date must be same as the date of redemption) at RELAY's outlet in Hong Kong International Airport restricted area to enjoy a complimentary copy of newspaper/magazine2.
• Airport Limousine Transfer Service
  DBS Black Cardholders can enjoy a comfortable ride without hustle and bustle to and from the Hong Kong International Airport1 with HK$680.

• Unlimited Cash Rebate Redemption
  20% Off Cash Rebate Redemption Promotion
  DBS Black World Mastercard® Cardholder can redeem Cash Rebate at DBS$80 to HK$100 during Promotion Period. Without any spending requirement and limit on redemption quantity.
• DBS$ Recharge
  DBS Black Card cardholders can now purchase DBS$48^ for just HK$180 to redeem fabulous gifts during the promotion period. There is no limit on the number of "recharging" units for redemption. Act now to redeem your favourite items faster!
• Up to 12% Off Hotel Booking Offer from Expedia.com.hk
• 12% Off Hotel Booking from Hotels.com
• 7% Off Hotel Booking Offer from Agoda.com
• Up to 70% Off from KKday
• Up to 5% Off Travel Products from KLOOK

1. The 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 3 April 2023 to 2 July 2023 (“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 only applicable to “New 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.
3. Each New Customer can enjoy the Welcome Offer once during the Offer Period. For the avoidance of doubt, if New 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.
4. New Customer must download DBS Card+ mobile application (“DBS Card+”), register and activate DBS Card+ account within 1 month of the New Card issuance date in order to be eligible to the Welcome Offer.
5. Terms and conditions applicable to Up to 78,000 miles (“Miles Reward”):
   5.1 Local Spending (“Local Spending “, as defined in clause 7 below) and Overseas Spending (“Overseas Spending “, as defined in clause 8 below) accumulated by the eligible New Customer with the New Card within 2 months of the New Card issuance date (“Spending Period”) can be converted into miles using the conversion rate shown in the table below, up to a maximum of 78,000 miles:

Spending Condition		Miles Conversion Rate
Local Spending	First HK$2,000	HK$0.5 = 1 mile (upper limit: 4,000 miles)
	Thereafter HK$176,000	HK$4 = 1 mile (upper limit: 44,000 miles)
Overseas Spending	First HK$90,000	HK$3 = 1 mile (upper limit: 30,000 miles)
Total accumulated miles rewards:		78,000 miles (i.e. DBS$3,744)

5.2. 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:

Type of Spending	Example	Spending amount within first 2 months A	Miles earned based on Miles Conversion Rate of Welcome Gift    B	DBS$ required to redeem the miles ^ C =B÷1,000×48	Basic Rewards # earned for the relevant spending amount D =A÷250×2	Extra DBS$ to be credited by the Bank(" Extra Reward ") E =C-D
Local Spending	1	1,500	3,000	144	12	132
	2	3,000	4,250	204	24	180
	3	200,000	48,000	2,304	1,600	880 *




Type of Spending	Example	Spending amount within first 2 months A	Miles earned based on Miles Conversion Rate of Welcome Gift    B	DBS$ required to redeem the miles ^ C =B÷1,000×48	Basic Rewards # earned for the relevant spending amount D =A÷250×3	Extra DBS$ to be credited by the Bank(" Extra Reward ") E =C-D
Overseas Spending	4	7,862.90	2,620	126	94	32
	5	95000	30,000	1,440	1,140	360 +

^{^} Calculated based on the conversation 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.
^* Capped at HK$178,000 Local Spending amount and HK$90,000 Overseas Spending amount, when exceeding the cap, Extra Reward is always DBS$880 and DBS$360 respectively.
6. Terms and conditions applicable to Extra 2,000 Miles :
   6.1. New Customers are entitled to get Extra 2,000 Miles (“Extra Reward”) if they successfully apply for 12-month or above Flexi Shopping Programme (of any amount) with the New Card within 2 months of the New Card issuance date (“Spending Period”).
7. 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 within four months after the end of the Spending Period and shown on the monthly statement. Below fulfillment schedule for reference:

New Card Approval Date	Extra Reward Fulfillment Period
1 to 30 April 2023	By 30 September 2023
1 to 31 May 2023	by 31 October 2023
1 to 30 June 2023	by 30 November 2023
1 to 31 July 2023	by 31 December 2023

8. For the purpose of Welcome Offer, “Local Spending” refers to the posted local transactions conducted at the points of sales in Hong Kong and Macau; for the avoidance of doubt, the following types of transactions shall not be considered as Local Spending: 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”, “Balance Transfer”, “Funds Transfer”, Fee Based Instalment Programme, “Flexi Shopping Programme”(except of Extra Reward), payment via “Pay & Transfer” function of DBS Card+, 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 (“DCC Transaction”), insurance payment, tax payment, reload of e-Wallets (including but not limited to PayMe, WeChat Pay and Alipay), any bill payment transactions made via DBS iBanking/JET Payment Service of JETCO/24-hour Customer Services Hotline 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. For Local Spending being settled with a Card Interest-free Instalment Loan, only posted monthly instalments will be counted.
9. For the purpose of Welcome Offer, “Overseas Spending” means any posted retail transactions settled in foreign currencies, excluding Macau Pataca, conducted at the point of sales (in case of online transactions, the place of registration and/or settlement of the merchant) outside Hong Kong. For the purpose of this Welcome Gift, retail transaction settled in Macau Pataca shall be counted as Local Spending, while DCC Transaction shall not be counted as Overseas Spending. For the avoidance of doubt, the following types of transactions shall not be considered as Overseas Spending: cash advances and relevant handling/administration fees, casino chips, foreign exchange, reversed transactions, insurance payment, reload of e-Wallets (including but not limited to PayMe, WeChat Pay and Alipay), 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.
10. Calculation of Local Spending and/or Overseas Spending shall be based on the spending conducted with each New Card successfully applied during the Offer Period. If a New Customer has successfully applied for more than one New Card, the Local Spending and/or Overseas Spending conducted with different New Cards cannot be combined. The amount of any Local Spending and/or Overseas Spending 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 the amount of Local Spending and/ or Overseas Spending.
11. If New Customer cancels his/her principal New Card mentioned above within 12 months from the date the account is opened, the DBS$ earned from Extra Reward will be charged to the relevant account without prior notice.
12. 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 New Customer's entitlement to the Welcome Gift.
13. New Customers must keep the original receipt of each Local Spending and/or Overseas Spending transaction. In case of disputes about the entitlement of Welcome Gift, the Bank reserves the right to require the New Customer to present the original receipt of the Local Spending and/or Overseas Spending transactions for verification. If there is any discrepancy between the Bank’s record and New Customer's receipt, the Bank’s record and determination shall be final and conclusive.
14. Entitlement to the Welcome Offer is subject to there being no abuse/non compliance by the New Customer, failing which the Bank will debit the value of the Welcome Offer from the New Customer's account without notice and/or take such action to recover any outstanding amounts.
15. The Bank may change these terms and conditions and/or modify or terminate the Welcome Offer. The Bank’s decision is final.
16. The English version shall prevail if there is any inconsistency between the English and Chinese versions.