M16S / DBS Bank India / DBS Spark20 Credit Card
entry · rewards
DBS Spark20 Credit Card
The DBS Spark20 Credit Card costs Rs 1,499 a year, waived if you spend Rs 2,50,000 in a year. Its base return is 0.25% (2 Cash Points per Rs 200 of eligible spend, rounded down). The forex markup is 3.5%. Lounge visits in India: 2 per calendar quarter, primary only. Read from the issuer's own documents on 11 Oct 2026.
- Annual fee
- Rs 1,499+ GST
- Fee waived at
- Rs 2,50,000annual spend
- Base return
- 0.25%
- Forex markup
- 3.5%
- Interest
- 4%a month
Apply on dbs.bank.inOpens the bank’s own page.
Fees
| Joining fee | Rs 1,499 |
|---|---|
| Annual fee | Rs 1,499 |
| Annual spend that waives the fee | Rs 2,50,000 |
| Fee notes | Rs 1499 + GST joining and annual (consolidated MITC). Annual fee waived on Rs 250,000 spend in the anniversary year. Welcome bonus and waiver apply to fee-based cards only. |
Rewards
| Welcome benefit | 7,500 Cash Points on first purchase within 30 days and payment of joining fee |
|---|---|
| Reward currency | Cash Points |
| Base earn | 2 Cash Points per Rs 200 of eligible spend, rounded down |
| Base return | 0.25% |
| Point value | 1 Cash Point = up to Rs 0.25 (benefit T&C); product page says up to Rs 0.20 |
| Accelerated earn | Once monthly spend crosses Rs 20,000: 20X on utility, dining and grocery (extra 38 CP per Rs 200), 10X other online, 5X offline |
| Caps | 7,000 Cash Points per month on accelerated earn (account level); thresholds reset every statement cycle |
| Spends that earn nothing | Fuel, wallet loads, rent, jewellery, cash withdrawals, EMI and balance transfers, fees and interest (fuel, wallet, rent and jewellery still count toward milestone thresholds) |
| Points expiry | 2 years from accrual |
| Milestone benefits | 5,000 Cash Points on Rs 100,000 spend in a calendar quarter |
| Reward notes | base_return_pct = 2 CP per Rs 200 x Rs 0.25 best case (0.2% at Rs 0.20). Redeemed on DBS Delights via the DBS Cards+ app; MITC lists a Rs 99 + GST redemption fee. Redemption blocked 5 days past due; points forfeited 30 days past due. Spends beyond the credit limit earn nothing. |
Travel and perks
| Domestic lounge | 2 per calendar quarter, primary only |
|---|---|
| International lounge | None |
| Lounge conditions | No spend condition stated; guests charged per visit |
| Forex markup | 3.5% |
| Fuel surcharge waiver | 1% waiver on fuel txns of Rs 400-4,000, cap Rs 250 per month |
| Other freebies | BookMyShow: up to Rs 200 off the second ticket, once per calendar month, first 100 customers per day |
Charges and eligibility
| Interest per month | 4% |
|---|---|
| Late payment fee | TAD up to Rs 100: nil; Rs 101-500: Rs 99; Rs 501-5,000: Rs 499; above Rs 5,000: 10% of TAD, max Rs 1,299 |
| Cash advance fee | 2.5% of cash amount, min Rs 500; cash limit 10% of credit limit |
| Eligibility | Not published; Apply Now link is live on the product page |
| Fine-print notes | The 5X/10X/20X multipliers only start after the monthly spend threshold and are capped, so real return is far below the headline. Category fees (consolidated MITC): rent 1% or Rs 199 whichever higher; utility 1% once cycle total reaches Rs 20,000; fuel 1% or Rs 199 on transactions of Rs 15,000+; education via third-party apps 1% or Rs 199; wallet loads of Rs 5,000+ 1% (from 1 Apr 2026); travel MCCs 4111/4131/4784 1% above Rs 10,000 per cycle and rail MCC 4112 1% above Rs 20,000 per cycle (from 1 Apr 2026). Reward redemption fee Rs 99 + GST. |
Questions
- What is the annual fee of the DBS Spark20 Credit Card?
- Rs 1,499 a year, before GST. It is waived if you spend Rs 2,50,000 in a year.
- Does the DBS Spark20 Credit Card give airport lounge access?
- Yes. In India: 2 per calendar quarter, primary only. Outside India: none listed. Conditions: No spend condition stated; guests charged per visit
- What is the forex markup on the DBS Spark20 Credit Card?
- 3.5% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the DBS Spark20 Credit Card?
- Fuel, wallet loads, rent, jewellery, cash withdrawals, EMI and balance transfers, fees and interest (fuel, wallet, rent and jewellery still count toward milestone thresholds)