CardShield Prime

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New Benefits – First of its kind in Singapore!

Enjoy greater assurance and protection with CardShield Prime now! In the event of unforeseen happenings, CardShield Prime can help ease the financial burden that may impact you and your family by paying off the outstanding amount on your POSB Credit Cards including Supplementary Cards.

CardShield Prime provides coverage for:

  • Up to S$100,000 outstanding balance upon diagnosis of critical cancer* or
    terminal illness
    NEW
  • Up to S$200,000 outstanding balance in the event of accidental death
  • Up to S$100,000 outstanding balance in the event of death or total permanent disability

Affordable Premium

Coverage is available at just S$0.49 for every S$100 on your monthly outstanding balance.

Here's an example showing how monthly premiums are calculated:

Card Type Outstanding Balance on Bill
Your POSB MasterCard S$827
Your 1st POSB Supplementary MasterCard S$230
Your 2nd POSB Supplementary MasterCard S$199
Total Outstanding Balance S$1,256
Premium Payable S$0.49/S$100 x S$1,256 = S$6.15

Easy enrolment

For existing POSB Credit Cardholders:
1) Fill in this application form and send it to us via mail or fax to (+65) 6782 1063.

For existing CardShield customers who wish to upgrade to CardShield Prime:
1) Fill in this upgrade application form and send it to us via mail or fax to (+65) 6782 1063.

Not a POSB Credit Cardholder yet?
Click here to apply for POSB Credit Card(s) and opt for CardShield Prime protection.

CardShield Prime is underwritten by Aviva Ltd, under Group Policy No. 3007794.
*This plan does not cover any pre-existing medical conditions. A waiting period of 90 days applies for claim of critical cancer benefit.

This is not a contract of insurance. Full details of the terms, conditions and exclusions of this insurance are provided in the Certificate of Insurance (COI) and will be sent to you upon acceptance of your application by DBS Bank Ltd.

The insurance cover may be cancelled by written request to DBS Bank Ltd within fourteen (14) days after the receipt of the COI, in which case a refund of the premium received by DBS Bank Ltd shall be made without interest. The refund will be made after the original COI is received for cancellation. If the COI is sent by post, it shall be deemed to have delivered within seven (7) days after posting.