POSB GO! Debit MasterCard

Features & Benefits

All-in-one convenience

With your POSB GO! Debit MasterCard, enjoy the convenience of signing for your purchases at over 22 million establishments worldwide.

You can also shop online, make mail/telephone purchases, withdraw cash at 900 POSB/DBS ATMs in Singapore and 900,000 MasterCard/Cirrus ATMs worldwide and make NETS payments at 17,000 merchant outlets in Singapore.

Enjoy 0.3% cashback* on all spending^

For purchases signed for in Singapore, as well as local online/mail/telephone orders

*0.3% cashback is calculated based on spend Singapore dollar denominated transactions amount on transaction date. Cashback earned for the current quarter's transactions (e.g. January to March) will be credited in the following month (i.e. April) to your Card and reflected in your monthly Debit/bank account statement (i.e. May). Cashback is not valid for PIN-based transactions (e.g. NETS, ATM, AXS, etc), foreign currency transactions and bill payments. If the Card and/or Primary Account is terminated at any time, for an reason, whether by Cardmember or DBS, any cashback earned will not be credited to the Cardmember's account.
^Effective 1 October 2011, minimum spending of S$500 per quarter is required to be entitled to the cashback.

New features that give you peace of mind and more convenience

Enjoy improved security with an EMV Smart Chip embedded in your POSB GO Debit MasterCard. This new technology can reduce the chances of your card information being cloned and used by fraud syndicates for illegal transactions.

Important Note:
POSB, in compliance with MAS guidelines, is progressively replacing all magnetic-stripe only POSB GO! card with EMV Smart Chip embedded card. Your new EMV Smart Chip embedded POSB GO! Debit MasterCard will be mailed to you. Kindly update your current address with us to ensure that your chip card is sent to the right address. You can update your address via iBanking, click here to find out more.

Virtual living

What's more, you can now shop on the internet or make telephone/mail purchases using your POSB GO! Debit MasterCard!

Each secured online transaction is limited to a maximum amount of S$1,000, subject to the daily spending limit of up to S$2,000 for MasterCard signature payment and available balance in your bank account.

No monthly bills to worry about

You don't have to worry about monthly bills as the purchase amount is directly debited from your bank account. To help you keep track of your transactions, you will receive a monthly statement on your purchases.

Spending limit

You will enjoy a generous daily spending limit of up to $2,000 daily for your MasterCard signature payment, subject to the available balance in your bank account.

Worldwide access to cash

Your Debit Card is the only Card you'll need for worldwide access to your bank account. You can use your card overseas at:

• Over 10 million Maestro retail outlets
• Over 900,000 Cirrus ATMs
  
  You can enable the overseas cash withdrawal function at any DBS/POSB ATM:
  1. Select "More Services" twice
  2. Select "Change ATM Card Overseas Access"
  3. Once the function has been enabled, a receipt will be printed
  This function can be disabled in the same way.

Please note:

1. There's a charge of S$5 per cash withdrawal on overseas Cirrus ATMs. You will enjoy a preferential flat service fee of S$2 if you use your Debit Card at the ATMs of Bank Danamon (Indonesia) and Bank of Philippines Island (Philippines).
2. Cash withdrawal at DBS Hong Kong and DBS Taiwan ATMs will be free of charge.
3. The amount withdrawn in US dollars shall be converted to Singapore dollars on the date of conversion. The amount withdrawn in foreign currency other than US Dollars will be converted into US dollars before being converted into Singapore dollars. All conversions shall be based on the prevailing wholesale interbank rates or the government-mandated rate, as shall be determined by the respective card associations. The rate used for the conversion may be different from the rate in effect on the date of the transaction due to market fluctuation.
4. The amount withdrawn in foreign currency at overseas ATMs or purchases made in foreign currency at Maestro terminals are subject to a charge imposed by the respective card associations, either as a reimbursement charge representing the charge imposed on us or as a direct charge to you. An administrative fee of 2.0% of the foreign currency withdrawal or transaction amount for services provided or actions taken by us in relation to such foreign currency transactions shall be payable by you and debited to your Card Account.

Exclusive privileges

There's more! Enjoy exclusive shopping, dining, travel and healthcare benefits at selected merchants. Simply sign with your POSB GO! Debit MasterCard to enjoy these benefits. For more information, please click here.

No card fee

What’s more, upgrade your POSB ATM Card to a POSB GO! Debit MasterCard for free* and enjoy instant purchasing power, global acceptance, and financial freedom.

Not a POSB ATM Card holder? You can also apply for the POSB GO! Debit MasterCard for free*. No minimum income required.

Get your POSB GO! Debit MasterCard instantly at any POSB Branch today!

Or you can apply by completing the Application Form and mail it back to us. Click here for an Application Form (PDF).

*Valid for the first POSB ATM Card replacement or new POSB GO! Debit MasterCard applicant.