All posts tagged: OCBC

OCBC VOYAGE offers 2.5mpd on dining in August

This is a 1.2 additional mpd on top of its usual 1.3mpd OCBC VOYAGE cardholders finally have something to shout about: the bank will offer 2.5 miles per dollar spent on dining spending in August 2020, capped at S$1,000. This enhanced earn rate applies to all versions of the VOYAGE card and the enhanced rate of 2.5mpd holds same, regardless of what’s your base earn rate (either 1.3 or 1.6 mpd). Registration for this promotion is not required and all cardholders are automatically included in the promotion. For any reason you are dining overseas (perhaps you are just based in UK and decides to use your Singapore credit card anyway), you will still earn only 2.5 mpd on dining spend. Bonus miles will be awarded by October According to OCBC’s terms and conditions, the bonus miles will be awarded two months after the end of the promotional period, i.e. by 31 Oct. Note that OCBC has moved to a S$5 block for the award of miles, so that means that you will earn a total …

OCBC Titanium Rewards to award OCBC$ in blocks of S$5 spend

OCBC going down the UOB way. Right after OCBC made changes to the 90°N card, the bank also revised the OCBC Titanium Rewards card to give out points in blocks of S$5 spend from 1 Jun 2020. On top of the earning change, OCBC will also be add more exclusion categories to what will earn you bonus points with the Titanium Rewards card. Earning OCBC$ based on $5 blocks of spending Currently, cardmembers earn a flat 10 OCBC$, or 4 miles, per dollar spent on the Titanium Rewards card when spending on eligible categories (i.e. sclothes, accessories, shoes, bags, electronics and gadgets and babies’ and children’s wear). From 1 Jun, this will have a technical change: OCBC will award 50 OCBC$, or 20 miles, per S$5 spent, rounded down to the nearest S$5. Why this makes a difference Why this change is material to the Titanium Rewards card is because unlike the 90°N card, this card is a specialised spending card (i.e. the bonus applies for spending in specific categories). The difference lies in the …

OCBC adjusts earn rates on 90°N card

Travel$ to be awarded in blocks of S$5 spend from 1 Jun OCBC has made some tweaks to their 90°N card, to be effected from 1 Jun. These changes are not major, but may affect the way you spend if you are still using that as your default card. Travel$ to be awarded in blocks of S$5 spend From 1 Jun, OCBC will award Travel$ in blocks of S$5 spend, meaning: For local spend, every S$5 spend will earn you 6 Travel$, equivalent to 6 miles (i.e. 1.2 mpd) For foreign spend, every S$5 equivalent spend will earn you 10.5 Travel$, equivalent to 10.5 miles (i.e. 2.1 mpd) AXS Pay+Earn will earn you 5 Travel$ for every S$5 spend (i.e. 1 mpd) Previously, OCBC award Travel$ based on dollar spend, rounded down to the nearest dollar. So this means that there will be slight changes to the number of Travel$ you earn after 1 Jun: Transaction amount Local/Overseas spend Travel$ earned before 1 Jun Travel$ earned on or after 1 Jun $4.99 Local 4.8 0 …

OCBC launches new miles card: OCBC 90°N Card

Earn up to 8mpd for hotel bookings and 4mpd for flight bookings OCBC is the latest to jump on the miles card launches, unveiling yet another miles earning card for the Singapore market. A glance at the headline earning figures will sound pretty attractive: up to 8mpd for hotel bookings, and 4mpd for flight bookings. So what are the key perks of the card? An overview of the card: Income requirement: S$30,000 p.a. for Singapore citizens and PRs, S$45,000 for foreigners Annual fee: S$192.60 for principal cardmembers, waived for the first year; S$96.30 for supplementary cards, waived for the first year Annual fee gift: 10,000 miles (in the form of 10,000 Travel$) Earn rates: 1.2 mile per dollar spent (mpd) locally; 2.1 mpd overseas; see promotions below for special launch promotion earn rates Foreign currency transaction fee: 3.0% Most importantly, miles don’t expire. The base earn rates are pretty average: BOC Elite Miles give you 1.5mpd for local spend, and 3mpd for overseas spend. Plus, there are an assortment of other cards that give you up to 4mpd for specialised …