If like me, you did not manage to take advantage of the 12,000 bonus miles promotion last year with DBS Altitude Visa Signature Credit Card, fret not because DBS has just launched a brand new promotion for 8,000 bonus miles for first-time applicants. Sure it isn't as good as the 12,000 before but considering how the succeeding promotion was only for 5,000 miles (limited to a fixed number of cardholders only), this is not a bad deal. With that being said, there is absolutely no way to know whether or not a better deal will come our way so it is definitely a risk to take.
In order to earn 8,000 bonus miles, you will have to spend S$500 each month for TWO successive months on the DBS Altitude Visa Signature Credit Card - remember that this promotion DOES NOT apply to the American Express version. Assuming you spend S$500 each month on Flight and Hotel transactions for two consecutive months, you will spend S$1,000 in total which will give you a total of 11,000 Miles (3,000 Base Miles + 8,000 Bonus Miles). This is equivalent to 11 Miles per S$1.