DBS and UnionPay International have announced the launch of the SplendorPlus campaign for the DBS UnionPay Platinum Debit Card, aiming to enhance financial connectivity between China and Singapore. The initiative, effective until 31 March 2026, offers cardholders up to 8% cashback and a 3% waiver on transaction fees for spending in China, providing a total benefit of up to 11%.
The campaign is part of a broader effort to support economic and cultural exchanges between the two nations, leveraging UnionPay’s extensive global merchant network. Cardholders can enjoy seamless transactions not only in China but also across countries involved in the Belt and Road Initiative, embodying the concept of “One Card Travel Across Asia.”
Additional perks include the UnionPay Global Privileges programme, which offers benefits such as complimentary hotel upgrades, dining discounts, and leisure privileges. These enhancements aim to deliver a premium cross-border payment experience, ensuring convenience and rewards for consumers.
To cater to the rising demand for mobile payments in China, cardholders can link their DBS UnionPay Platinum Debit Card to Alipay or WeChat Pay, enjoying a 3% waiver on transaction fees for transactions above RMB200. Furthermore, zero overseas ATM withdrawal fees offer savings of up to $5 (S$7) per transaction, making cash withdrawals abroad more convenient.
This initiative not only reduces the cost of cross-border mobile payments but also strengthens digital finance innovation and integration between China and Singapore.
