Introduction
The OCBC Rewards Card, formerly known as the OCBC Titanium Rewards Card, has had an interesting history. It was once a very popular card for shoppers, offering 4 miles per dollar (mpd) with an annual cap instead of the usual monthly cap. This allowed for large purchases that earn bonus points.
However, after a rebranding in 2024 and changing its annual bonus spending cap to a monthly cap, the reception from the public has been mixed.
Despite this, the OCBC Rewards Card can still be a valuable card for the right person.
Earning Miles
OCBC$ is the reward currency that you’ll earn from the OCBC Rewards Card.
It’s important to note that all OCBC$ are awarded for every S$5 spent on a single transaction.
- Base Earn Rate: You earn 1 base OCBC$ for every S$1 spent on all eligible purchases.
- Bonus Earn Rate: You receive an additional 9 OCBC$ (for a total of 10 OCBC$) for every S$1 spent on selected online and in-store retail categories. This is equivalent to 4 miles per dollar (mpd).
- Promotional Earn Rate: Until 31 December 2025, you can earn an enhanced rate of 15 OCBC$ (equivalent to 6 air miles) for every S$1 spent at Watsons, Lazada, Shopee, and Taobao. The OCBC Rewards Card has seen regular promotions for upsized earn rates at various stores in the past few quarters.
- Bonus Cap: You can earn up to 10,000 bonus OCBC$ (4,000 miles) a month. This is equivalent to a total spend of S$1,111 per month in the bonus categories. For spending on the categories that earn the promotional rate of 15 OCBC$, you can earn an additional 5,000 bonus OCBC$ a month.
- Points Expiry: Points expire 24 months after they are earned.
Some of the popular stores in Singapore where you can earn the bonus rate include:
- Department Stores: Takashimaya, Tangs, Isetan, OG
- Fashion: Zara, H&M, Uniqlo, Love Bonito
- Shoes: Charles & Keith, Bata, Foot Locker
- Sporting Goods: Nike, Lululemon, Adidas, Decathlon
- Online: Amazon, Lazada, Shopee, Taobao
OCBC Transfer Partners
You can transfer your OCBC$ to a variety of airline and hotel loyalty programs. A S$25 fee applies to each conversion.
| Partner | Transfer Ratio (OCBC$ to Miles/Points) |
|---|---|
| Singapore Airlines KrisFlyer | 25,000 OCBC$ = 10,000 miles |
| Air France-KLM Flying Blue | 10,000 OCBC$ = 4,000 miles |
| British Airways Executive Club | 10,000 OCBC$ = 3,600 Avios |
| Cathay Pacific Asia Miles | 10,000 OCBC$ = 2,900 miles |
| Etihad Guest | 10,000 OCBC$ = 3,600 miles |
| United MileagePlus | 10,000 OCBC$ = 2,800 miles |
| Accor Live Limitless | 10,000 OCBC$ = 2,000 points |
| IHG One Rewards | 10,000 OCBC$ = 4,000 points |
| Marriott Bonvoy | 10,000 OCBC$ = 4,000 points |
Other than Singapore Airlines KrisFlyer, Flying Blue, IHG One Rewards and Marriott Bonvoy, you will be taking a haircut off your redemptions on other programs.
British Airways and Etihad Guest can be good transfer options if you’re able to find a good redemption for them.
Points Pooling
Points pooling is a feature that allows you to combine reward points from different credit cards into a single account for redemption. This can make it easier to accumulate points for a specific reward.
With OCBC, you can pool the OCBC$ earned from different OCBC credit cards, as long as you are the principal cardmember for all of them. However, it is important to note that you cannot combine OCBC$ with other OCBC reward currencies, such as 90°N Miles or VOYAGE Miles. These are treated as separate reward programs.
The only other OCBC card that earns OCBC$ is the OCBC Premier Visa Infinite Credit Card.
Eligibility
To be eligible for the OCBC Rewards card, you must meet the following criteria:
- Age: At least 21 years old.
- Annual Income (Singaporeans and PRs):
- S$30,000 for those aged between 21 and 54.
- S$15,000 for those aged 55 and above.
- Annual Income (Foreigners): S$45,000.
Fees
Here are the fees associated with the OCBC Rewards card:
- Annual Fee (Principal Card): S$196.20 (including GST), waived for the first two years.
- Annual Fee (Supplementary Card): S$98.10 (including GST), waived for the first two years.
- Fee Waiver: The annual fee for subsequent years is waived if you spend at least S$10,000 in a membership year.
- Foreign Currency Transaction Fee: 3.25%
Sign-up Bonus
There is currently an upsized sign-up bonus for the OCBC Rewards Card until 27 November 2025.
| Offers |
|---|
| S$360 Cash via PayNow |
| S$500 eCapitaVoucher |
| Airpods Pro Gen 3 |
| Morning Coffee Machine + 20 Capsules Bundle |
| 50,000 OCBC$ (20,000 KrisFlyer miles) |
The sign-up bonus is valid for new-to-bank OCBC customers. This means you cannot currently be an OCBC credit card primary cardholder, or have cancelled an OCBC credit card in the past 12 months.
To be eligible for the offer, you’ll need to spend S$400 within 30 days of card approval. Read the full terms and conditions here.
Verdict
The OCBC Rewards Card is designed for someone whose monthly spending is heavily concentrated in the card’s bonus categories, such as online shopping, department stores, and clothing. If you’re consistently hitting the monthly spending bonus on other credit cards, the OCBC Rewards Card can be a good option to increase your overall monthly bonus spending limits.
It’s also useful for someone who wants to diversify their frequent flyer programs beyond Singapore Airlines’ KrisFlyer, such as Flying Blue.
However, there are also banks that offer a wider variety of transfer partners, such as Citibank and HSBC, that offer cards with wider bonus spending categories.
Some cards that offer a lot of overlap in spending categories include the Citi Rewards Card and the HSBC Revolution Card. Therefore, if you already have those cards, it is a lot harder to recommend the OCBC Rewards Card.
