Features and benefits of our 5X Rewards Credit Card - First-Year-Free
All you need to know about our credit card
Watch this video to know everything about our credit card – features and benefits, fees, and charges.
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First-year-free
There is no joining fee for this credit card. You also do not have to pay any annual fee during the first year.
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5X monthly milestone
Shop for apparel, home appliances, and groceries, and get 5X cash points when you spend a minimum of Rs. 10,000 per month.
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10X accelerated cash points
Use this card for utility, bill payments, and travel bookings via the Bajaj Finserv app or DBS Bank app – ‘DBS Card+ IN’ and get 10X cash points.
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Discount on subscriptions*
When you pay for OTT subscriptions, you get 20% discount as cash points added to your rewards account, which you can redeem later.
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Bajaj Health membership
This card comes with a free Bajaj Health membership. You can get discounts on 3 teleconsultations, pharmacy bills, and more.
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Fuel surcharge waiver
Use this card to get the fuel surcharge waived off at any station across India for an amount of up to Rs. 1,200 in a year,
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Interest-free cash withdrawal
You can use this card to withdraw cash from any ATM across India for up to 50 days without being charged an interest.
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Cashback on down payment
Get 5% cashback on down payments made at any of our 1.5 lakh+ EMI Network partner stores across 4,000+ large and small cities.
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Annual fee waiver
Shop for groceries, gadgets and more, and get your annual fee waived off when you spend a minimum of Rs. 50,000 in a year.
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The Bajaj Finserv DBS Bank 5X Rewards Credit Card – First-Year-Free is a power-packed credit card with features and benefits designed specially to suit your lifestyle. What truly makes the Bajaj Finserv DBS Bank 5X Rewards Credit Card – First-Year-Free unique is its bucket of rewards in the form of cash points on all your spends.
The card not only gives you 2 cash points on every Rs. 200 spent on all retail transactions but also:
• Monthly milestone benefit: 5X cash points on all monthly spends (on crossing spends worth Rs. 10,000 in a month)
• Accelerated cash points: 10X cash points on utility, bill payments, and travel bookings made using the DBS Bank or Bajaj Finserv app*Online subscriptions include Hotstar, Prime Video, and Zomato Pro.
Still haven’t found what you are looking for? Click on any of the links at the top of this page.
Eligibility criteria and documents
Anyone can get Bajaj Finserv DBS Bank Credit Card as long as they meet the basic criteria mentioned below. If you meet the criteria, you will need a set of documents to complete your application process.
Eligibility criteria
- Nationality: Indian
- Age: 21 to 70 years
- Credit score: 720 or higher
- Employment: Must have a regular source of income
Details required
- PAN card number
- Aadhaar card number
It is also essential to have your residential address in a location that is serviceable by DBS Bank and Bajaj Finserv to get the Bajaj Finserv DBS Bank Credit Card.
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Applicable fees and charges
The following are the fees and charges for the Bajaj Finserv DBS Bank 5X Rewards Credit Card - First-Year-Free:
| Type of fee | Applicable charges |
Joining fee |
NIL |
Renewal fee |
Rs. 499 + GST |
Reward redemption fee |
Rs. 99+ GST per redemption |
Cash advance fee |
2.50% of the cash amount (minimum Rs. 500) |
Late payment fee |
•No charge for the amount due up to Rs. 100 •Rs. 99 for the total due amount greater than Rs. 100 and up to Rs. 500 •Rs. 499 for the total due amount greater than Rs. 500 and up to Rs. 5,000 •10% of the total due amount greater than Rs. 5,000 (maximum Rs. 1,299) |
Over limit fee |
Rs. 600 + GST |
Finance charges |
Up to 4% per month or 48% per annum |
EMI conversion processing fee |
2% of the conversion amount. Minimum of Rs. 249 |
Click here to read about the credit card fees and charges in detail.
Pre-approved offers for new customers
Both our new and existing customers can choose from pre-approved offerings. All we need is your mobile number to check.
You do not have to go through the complete application procedure if you are one of our customers who has been pre-approved. Consider it our green channel.
You might not require a card right now or might not have a pre-approved offer. You can still pick from a variety of offerings:
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Examine your credit standing
Some of the most crucial factors for you are your credit health and CIBIL Score. Get our Credit Health Report to keep your credit in tip-top shape.
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1 million+ products on No Cost EMIs
Shop for electronics, gadgets, and apparel and split the bill into No Cost EMIs with the Insta EMI Card. Use this card across 1.2 lakh partner stores in 3,000+ cities.
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Convert your medical bills into easy EMIs
Convert your healthcare bills for 1,000+ treatments across 1,700+ hospitals into easy EMIs with the Health EMI Network Card.
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Create a Bajaj Pay Wallet
The only four-in-one wallet in India that allows you to pay or transfer money using your digital wallet, a credit card, and UPI.
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Insurance in your pocket to cover every life event
In order to cover all of your life's events, including trekking, monsoon-related illnesses, car key loss/ damage, and more, we offer more than 400 insurance covers starting at just Rs. 19.
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Start an SIP with just Rs. 100 per month
Pick from over 900 mutual funds across 40+ companies, such as SBI, Aditya Birla, HDFC, ICICI Prudential Mutual Fund, and more.
Frequently asked questions
Since the Bajaj Finserv DBS Bank 5X Rewards Credit Card comes without any joining fees, you do not get any welcome bonus.
Yes, an annual fee of Rs. 499 + GST is applicable after the first year. However, this will be waived off if you spend a minimum of Rs. 50,000 in a year.
The Bajaj Finserv DBS Bank 5X Rewards Credit Card - First-Year-Free comes with the following benefits:
- Get a fuel surcharge waiver of up to Rs. 1,200 per year
- Get 5% cashback on down payment at any Bajaj Finserv EMI Network partner store
- Convert your purchases into affordable EMIs
- Withdraw interest-free cash for up to 50 days
- Complimentary healthcare benefits with the Bajaj Health membership
- When you spend a minimum of Rs. 10,000 in a month, you get 5X cash points, which means 5 times the regular cash points. This is known as the 5X monthly milestone.*
- When you make utility, bill payments and travel bookings through the Bajaj Finserv or DBS Bank app – ‘DBS Card+ IN’, you get 10X rewards, which means 10 times the regular rewards. This is known as the 10X accelerated cash points.**
*Maximum cash points up to 3,000 per month.
**Maximum accelerated cash points up to 3,000 per month. This will be in addition to the monthly milestone cash points.
When you pay for online subscriptions such as Hotstar, Prime Video etc. using this credit card, you get a discount of 20% in the form of cash points, which you can redeem to make other purchases.
For example, if you take a subscription worth Rs. 1,000, you will get 20% of the subscription amount as cash points, which in this case is 200 points.
A cash point is a benefit offered in the form of points to users whenever they transact using the Bajaj Finserv DBS Bank Credit Card. Instead of receiving cashback, points earned against the transaction are credited to your credit card account.
The value of 1 cash point is 0.25 paise. For every Rs. 200 spent, you earn 2 cash points. These can be redeemed on the Bajaj Finserv app or DBS Card+ IN app on categories like hotel and travel bookings, shopping, food, etc.
With the Bajaj Finserv DBS Bank 5X Rewards Credit Card – First-Year-Free, you get 3 complimentary teleconsultations per month with general physicians of your choice at Rs. 75 each via the Bajaj Finserv Health app.