A

Account or Card Number

It identifies your specific credit card account and is used for transactions, payments, and account management. Keep it secure to avoid unauthorized use. Never share your card number with anyone.

Annual Fee

A yearly fee charged by the credit card issuer for maintaining your account – typically a single, flat fee. This fee varies depending on the card type and the benefits offered.

Annual Percentage Rate (APR)

The yearly interest rate charged on outstanding balances.

Activate your card

Activate your credit card within 30 days of issuance to avoid closure as per RBI regulations. You can activate it by logging into the DBS Card+ IN mobile app, setting your PIN, or making your first transaction.

B

Billing Date

The date on which your credit card statement is generated each month, summarizing all transactions, fees, and payments within the billing cycle. Click here to know how to check your billing cycle.

Balance Transfer

The process of moving an outstanding balance from one credit card to another, usually to take advantage of lower interest rates or promotional offers.

Billing Cycle

The billing cycle is the time frame between two consecutive statement dates during which your transactions are recorded. Keep an eye on your billing cycle which is the period between two statement dates to plan your expenses & avoid missed payments. Click here to know how to check your billing cycle.

Bad Credit

A low credit score resulting from missed payments, defaulting on loans, or carrying high balances relative to credit limits.

C

Card expiry

The date printed on a credit or debit card indicating when the card will no longer be valid. Typically formatted as month and year (MM/YY).

Card Upgrade

The process of moving to a higher-tier credit or debit card, typically offering enhanced benefits such as higher credit limits, better rewards, or additional perks.

Cash Advance

A feature that allows you to withdraw cash from your credit card at an ATM or bank, up to a certain limit.

Cash Limit

The maximum amount of cash you can withdraw from your credit card via a cash advance. The cash limit is part of your overall credit limit and you can check this amount in your welcome kit or e-statement.

Credit Limit

The maximum amount you are allowed to borrow or spend on your credit card. It represents the total credit available for purchases, balance transfers, and cash advances. You can check your credit limit in your welcome kit or e-statement. To maintain a healthy credit score, ensure you stay within your credit limit.

Card Verification Value or CVV

A three digit security code printed on the back of your credit card that provides an extra layer of protection for online and phone transactions, helping to verify that you are in possession of the card. Never share your CVV with anyone.

Collateral

An asset or property pledged as security for a credit card or loan. If you default on payments, the lender can claim the collateral to recover the owed amount.

Credit Card Number

A unique 16-digit number printed on the front of your credit card. It identifies your specific credit card account and is used for making transactions and managing your account. Never share your credit card number with anyone.

Credit History

A record of your borrowing and repayment activities over time, including credit card usage, loan payments, and any defaults.

Credit Score

A numerical representation of your creditworthiness, typically ranging from 300 to 850. It is based on your credit history, including factors like payment history, credit utilization, and length of credit history. A higher credit score leads to better benefits with your credit card, so it's advisable to maintain a good score to enjoy these advantages.

Credit Utilization Ratio

The percentage of your available credit that you are currently using. It is calculated by dividing your total credit card balances by your total credit limits.

Card Controls

Manage transaction settings, limits, card PIN, and more in the DBS Card+ IN mobile app, where card controls help you manage your card better, optimize spending, and enhance financial security. Click here to download.

D

DBS Card+ IN Mobile App

Manage your card with the DBS Card+ IN mobile app. Control your spending, track transactions, set limits, convert purchases to EMI, make payments, and more with just a tap. Click here to download the DBS Card+ IN mobile app.

dbs delights

A rewards & redemption platform by DBS Bank, providing customers with exclusive deals, discounts, and offers across various categories such as dining, shopping, travel, and entertainment. Visit dbsdelights.in to know more.

Default

Failure to meet the legal obligations of a loan or credit agreement, typically by missing scheduled payments.

E

EMI

A fixed amount paid by a borrower to a lender at a specified date each month. EMIs are used to repay both the principal and interest of a loan over a set period, ensuring that the borrower pays off the loan in equal instalments.

Early Payment

Pay off your credit card dues before the due date to avoid interest charges, late fees, and reduce your overall debt. Click here to know all the ways you can pay your bill.

F

Finance Charges

The cost of borrowing on your credit card, including interest charges and fees, applied to your outstanding balance if you do not pay it in full by the due date. Pay your dues on time to maintain a healthy credit score.

Fraudulent Transaction

A transaction on your credit card that is unauthorized or made without your consent, often due to theft or fraud. Click here to read all about safeguarding yourself from fraud.

Foreign Transaction Fee

A charge applied by your credit card issuer for transactions made in a foreign currency or outside your home country.

Fraud Protection

Never share your OTP, CVV, card number and sensitive details with anyone. Click here to read all about safeguarding yourself from fraud.

G

Grace Period

The period from the date of issue of your statement till the payment due date. No interest is charged on your outstanding dues during this period.

H

Help & Support

A customer service function provided by companies to assist users with inquiries, technical issues, or account-related concerns.

Hidden Charges

Credit card hidden charges are fees that aren't obvious upfront, so knowing them is key to managing your credit well.

I

Interest Rate

The percentage charged on any outstanding credit card balance after the payment due date.

Interest Accrued

The amount of interest that accumulates on your credit card balance over time, based on the Annual Percentage Rate (APR).

J

Joining Fee

To apply for a credit card, you need to pay a joining fee as an initial cost for owning the card. This fee may vary depending on the card you choose.

K

KYC (Know Your Customer)

This is an important and essential process to verify your identity, as per regulatory requirements, when applying for a credit card.

L

Late Fees

Avoid additional charges by making your credit card payments on time to maintain a good credit history. For more information, visit https://www.dbs.com/in/credit-cards/spark/mitc.html.

Lounge Access

A premium benefit offered to certain credit or debit cardholders, allowing them entry into exclusive airport lounges. Visit to know more about your lounge access benefits.

M

Minimum Amount Due or MAD

Lowest amount that you must pay by the due date to avoid late fees. Note, after clearing this you are liable to pay the interest on balance amount.

Monthly Milestones

Monthly milestones get you multiplied Cash Points. The more milestones you reach, the more Cash Points you earn.

N

No Interest Cash Withdrawals

Withdraw cash from your Bajaj Finserv DBS Bank SuperCard as per your cash limit, interest-free, for up to 50 days*. *2.5% interest or ₹500 fee, whichever is greater, will be levied on the cash withdrawal amount

O

Outstanding Credit Card Balance

The total amount of money you owe on your credit card at any given time, including purchases, cash advances, interest, and fees.

Overlimit Charges / Fee

A fee incurred when your credit card balance exceeds your credit limit.

One-Time Password (OTP)

One-Time Password (OTP) is a unique code used for a single login or transaction, providing an extra layer of security. Never share your OTP with anyone.

P

Payment Due Date

The date each month when your payment for your card or loan account is due. Click here to know how to check your payment due date.

Payment History

A record of your payments on credit accounts, including credit cards, loans, and other debts.

Previous Balance

The total amount owed on your credit card at the end of the previous billing cycle.

Purchases Advances

Transactions made using your credit card to buy goods or services. These charges typically do not incur immediate interest if paid in full by the due date.

Q

Quick Payments

You can make fast and contactless online payment with your DBS Bank Credit Card.

R

Revolving Credit

A type of credit that allows you to borrow up to a certain limit and carry a balance from month to month, with the option to pay off the balance in full or make minimum payments.

Rate of Interest

This rate determines how much you will pay in interest on your outstanding balance if it is not paid in full by the due date.

Reward Points

You can earn reward points on transactions^# you make on your DBS Bank Credit Card. You can redeem them for extra discounts on dbsdelights.in!

S

Statement

You can opt to have your physical card statements delivered to your registered communication address or an e-statement from the DBS Card+ IN mobile app. Click here to know everything about your e-statements.

Scan & Pay

A digital payment method that allows users to make transactions by scanning a QR code with their mobile device.

Spends Milestone

A predefined spending threshold that, when reached by a credit cardholder within a specific period (such as a year or promotional timeframe), unlocks rewards or benefits.

Standing Instructions

Setting up Standing Instructions automates your recurring payments effortlessly. This feature allows you to schedule regular payments for bills, subscriptions, and loan EMIs, ensuring you never miss a due date.

T

Total Amount Due

The total sum you need to pay by the due date to avoid interest charges and late fees on your credit card.

Tap & Pay

Tap and pay is a contactless payment method where you simply tap your card for payments.

Tokenization

A security process that replaces sensitive payment information, such as credit card numbers, with a unique identifier called a token. Tokenisation is commonly used in digital wallets and online payment systems, ensuring that sensitive information remains protected during transactions.

U

Utilisation Limit

Your total available credit at any time. For example, if your limit is ₹1,00,000 and you’ve spent ₹30,000, your utilisation is 30%. Check this amount on your e-statement. Manage your credit utilisation to improve your finances and credit score.

V

Value Added Benefits

Enjoy a range of additional services like card protection plans, DBS Delights, lounge access and more.

Virtual Credit Card

A temporary, digital version of a credit card that is generated for online purchases. It typically features a unique card number, expiration date, and CVV code, allowing users to shop securely without exposing their actual credit card details.

W

Welcome Benefits

Earn bonus Cash Points when you sign up for a DBS Bank Credit Card and make your first transaction.

X

X Multiplied Returns

Get multiplied Cash Points on crossing monthly and quarterly spend milestones and rewards on select categories like dining, shopping and travel!

Y

Year-Round Offers

Enjoy discounts and special offers across categories round the year. Click here to know more.

Z

Zero Annual Fee

Your annual card fee is waived off when you cross a milestone spend in a year. Check your card details to know more.