A POSB debit card, as at November 2026, means one of two things. POSB’s own card is the PAssion POSB Debit Card, which pays 1.5% at yuu stores such as Cold Storage, Giant and Guardian, and up to 9% if you spend $500 a month across enough of them. POSB account holders can also take the DBS Visa Debit Card, which pays up to 4% on food delivery and transport, capped at $20 a month.
Neither has an annual fee. The question is which one fits how your household spends, and whether you will keep up with the conditions.
POSB Debit Card Review: What POSB Offers and How We Checked
Every figure here is from POSB and DBS’s own pages and terms, listed under Sources. The PAssion rates come from a promotion stated to run from 1 October 2025 to 31 December 2026; the DBS Visa Debit rates are also stated as valid to 31 December 2026. We do not cover sign-up gifts, which change often.
One point of confusion first. POSB’s website lists the POSB Everyday Card next to the PAssion card in its card menu, but the Everyday Card is a credit card. It needs you to be 21 to 75 with an income of at least $30,000 (Singaporeans and PRs aged 55 and below), and its annual fee is $196.20 after a one-year waiver. If you want a card that spends only your own money, it is not that one. Our debit card vs credit card guide explains the difference.
The PAssion POSB Debit Card: How It Earns
The PAssion card is a Mastercard debit card that doubles as a People’s Association PAssion membership card. Rewards are paid as yuu Points into the yuu App, at 200 points to $1 when redeemed as cash rebates. You must link the card in the yuu App.
There are three layers:
- Base, 1.5% on local spend at participating stores: 7-Eleven, Guardian, Cold Storage, CS Fresh, Giant, Jasons Deli, Singtel shops, Gojek, foodpanda, Charge+ and CHAGEE. No minimum spend and no cap.
- Basic bonus, a further 1.5% at those stores (3% on Malaysian ringgit spend) if you spend $500 a month on the card and use at least three of the listed merchant types. Bonus capped at $10 a month.
- Supercharged bonus, a further 7.5% at those stores (9% on ringgit spend) if you spend $500 and use at least five merchant types. Bonus capped at $38 a month.
Spending at any other merchant counts towards the $500 but earns no points.
| Feature (as at November 2026) | PAssion POSB Debit Card | DBS Visa Debit Card | DBS TravelLah! Debit Card |
|---|---|---|---|
| Network | Mastercard | Visa | Visa |
| Headline rate | 1.5% base; up to 9% with bonus | 4% food delivery, 3% transport, 2% foreign currency | No rewards |
| Minimum spend | None for base; $500 for bonus | $500 Visa spend, cash withdrawals $200 or less | None |
| Monthly cap | Bonus $10 or $38; base uncapped | $20 | Not applicable |
| Foreign currency fee | 3.25% | 3.25%; nil from a linked multi-currency wallet | None |
| Overseas ATM fee (POSB/DBS) | $7 at most ATMs | $7 at most ATMs | None from DBS; ATM operator may charge |
| Annual fee | $0 | $0 | $0 |
| Minimum age | 16 | 16 | 16 |
Worked Example: A Family’s Grocery Month
Take an illustrative household that charges $600 a month to the PAssion card: $200 at Cold Storage, $100 at Giant, $60 at Guardian, $40 at 7-Eleven, $100 on foodpanda and $100 elsewhere. Illustration only; it assumes all spend posts in the month and nothing is excluded.
- Five merchant types used and $600 spent, so the Supercharged tier applies.
- Base: $500 at participating stores × 1.5% = $7.50.
- Bonus: $500 × 7.5% = $37.50, under the $38 cap, so $37.50.
- Total: $45.00, or 7.5% of all $600 spent.
Now a quieter month: $300 at Cold Storage and $100 on foodpanda, $400 in total. The card misses the $500 minimum, so only the base applies: $400 × 1.5% = $6.00.
The same household on the DBS Visa Debit Card would earn 4% on the $100 of foodpanda, or $4.00, in either month. Supermarket spending earns nothing there.
The short version: The PAssion POSB Debit Card can pay far more than other debit cards for households that shop at Cold Storage, Giant and Guardian, but only in months with $500 of card spend across at least five merchant types. Miss either condition and it drops to 1.5% at yuu stores.
Using It in Malaysia and Elsewhere
The ringgit bonus is generous on paper: 9% in a Supercharged month. But DBS’s fee guide adds 3.25% to foreign currency card transactions, so the net gain is closer to 5.75% until the $38 cap is reached. Ringgit spend earns no base points.
Elsewhere overseas, the card earns nothing and still costs 3.25%, plus $7 per cash withdrawal at most overseas ATMs. For trips, the DBS TravelLah! Debit Card is the POSB-linked option without those fees. Our multi-currency card comparison covers other travel cards.
The Catch, and Who It Does Not Suit
- The rates have an end date. The promotion terms run to 31 December 2026. POSB may renew, change or end it.
- Rewards sit in the yuu App, not your bank account, and expire two years after issue.
- Exclusions are wide: wallet top-ups (including YouTrip, ShopeePay and EZ-Link), insurance, utilities, education, hospital and government payments all earn nothing and do not count towards $500.
- Five merchant types is a stretch for a single person who does not shop at these chains.
It is a poor fit for someone who rarely shops at the participating chains, spends under $500 a month by card, or pays a credit card in full and could earn more there. If that is you, our best debit cards comparison sets out simpler options.
What To Do Next
- Check last month’s statement: how much went to Cold Storage, Giant, Guardian, 7-Eleven, Gojek or foodpanda?
- If it is under $500 a month, compare the PAssion base rate with the DBS Visa Debit Card’s categories before choosing.
- If you apply, link the card in the yuu App straight away and redeem points before they expire.
- Mark January 2027 to check whether the promotion has been renewed.
- For the account behind the card, see our guide to the best savings accounts in Singapore. For a child’s first card, see our kids’ debit card comparison.
