Black World Mastercard
DBS

Black World Mastercard Calculator

Best for: Frequent travelers and international shoppers who spend HK$20,000+ monthly and want flexible cash/miles redemption on foreign currency purchases

View official details
Monthly Cashback HKD 0
Effective Rate 0.00%
Foreign Currency Spending 1.2% cashback (or 2.4% with HK$20k+ monthly spend)
HKD
1.2% HKD 0
E-Wallet Spending 0.4% cashback (first HK$5,000 counts toward threshold)
HKD
0.4% HKD 0
Local Retail Spending 0.4% cashback on all local HKD transactions
HKD
0.4% HKD 0
Calculator based on official terms Rates may change. Always verify with your bank before applying.
View Official Terms

The DBS Black World Mastercard is a premium travel-focused card earning DBS$ that can be redeemed for cash at a 1:1 rate or converted to miles at DBS$48 per 1,000 miles. The card excels at foreign currency spending, offering 6X DBS$ (equivalent to HK$2 per mile) when you meet the HK$20,000 monthly spending threshold. Without hitting this threshold, foreign currency spending still earns a respectable 3X DBS$, while local retail and e-wallet transactions earn 1X. There are some important limitations to note. The monthly extra reward on the bonus portion is capped at DBS$240, with an annual cap of DBS$2,880. E-wallet spending through PayMe, WeChat Pay, and Alipay counts toward the monthly threshold but only up to HK$5,000. Foreign currency transactions include any non-HKD and non-MOP spending, whether online purchases from overseas merchants or in-person transactions abroad.

Advantages

  • 6X DBS$ on foreign currency with threshold (HK$2 = 1 mile)
  • 3X DBS$ on foreign currency without threshold (HK$4 = 1 mile)
  • Flexible redemption: DBS$1 = HK$1 cash OR DBS$48 = 1,000 miles
  • Foreign currency includes online purchases from overseas merchants
  • No caps on base 1X/3X earning rates
  • Annual fee waived first year

Considerations

  • Requires HK$20,000 monthly spend for best rate (6X)
  • Monthly extra reward cap of DBS$240 limits high spenders
  • Only 1X on local spending (low compared to competitors)
  • E-wallet spending capped at HK$5,000 toward threshold
  • Annual fee of HK$3,800 after first year
  • Must register via DBS Card+ app for promotion
Annual Fee: HK$3800 Min. Income: HK$240000/year