DCS Card Centre launches Visa card with three rewards options

Cardholders can choose either investment credits, miles rewards, or cash rebates.

DCS Card Centre had launched the DCS FLEX Card in Singapore, its first Visa credit card.

It is an entry-level credit card and offers cardholders three reward options to choose from: miles, cash rebates, or investment credits. The ability to switch between reward options will be introduced soon.

FLEX cardholders can earn up to 8% investment credits, automatically credited to their designated iFast accounts. They can also earn up to 2.4 miles per dollar spent, or an 8% cash rebate.

Cardholders may also choose between 4 card designs. The cards are made of 82% recycled plastic.

An option to donate reward earnings towards environmental causes as carbon credits will be introduced soon.

The FLEX Card is designed for young professionals, a generation which values independence and responsible financial management, said Lionel Lee, managing director of consumer cards at DCS Card Centre.

“Many at this stage of their lives are not only saving but also looking to invest early to build wealth,” Lee said.

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