If you love shopping, online deals and earning rewards from everyday purchases, the OCBC Rewards Card can be a useful addition to your wallet. The card is designed mainly around retail spending, with bonus OCBC$ available at selected online merchants and retail categories.
For Singapore cardholders, the card currently offers 10 OCBC$ per S$1 on selected retail spending, equivalent to 4 air miles based on OCBC's current redemption reference. There is also a limited time promotion offering 15 OCBC$ per S$1, equivalent to 6 air miles, at Watsons, Lazada, Shopee, Taobao and Tiktok Shop until 31 March 2027.
OCBC$ can be redeemed through the OCBC app for statement credits, e-vouchers, products, experiences, airline miles and hotel loyalty points.
The OCBC Rewards Card is a reward credit card aimed at shoppers who want to earn OCBC$ from both online and in-store purchases. It is especially useful for spending on clothing, shoes, sporting goods, luggage, department stores and selected online retailers.
The card earns:
The card is therefore more suitable for shopping and online spending than for travellers looking for airport lounges or travel insurance.
Feature | OCBC Rewards Card 2026 |
Base earn rate | 1 OCBC$ per S$1 |
Selected retail earn rate | 10 OCBC$ per S$1 |
Current promotional earn rate | 15 OCBC$ per S$1 at selected merchants |
Air miles reference | 25,000 OCBC$ = 10,000 KrisFlyer Miles |
Statement credit | 3,600 OCBC$ = S$10 |
Bonus OCBC$ cap | 10,000 bonus OCBC$ per month |
Current promotional extra | Up to 5,000 extra OCBC$ on top of the usual monthly bonus cap |
Principal annual fee | S$196.20, including GST |
First two years | Waived |
Automatic annual fee waiver | S$10,000 annual spend |
Minimum age | 21 |
Minimum income | S$30,000 for Singaporeans and PRs aged 21 to 55 |
Income requirement for Singaporeans and PRs above 55 | S$15,000 |
Foreigners | S$45,000 annual income |
The annual fee is automatically waived when you spend at least S$10,000 in one year, starting from the month after the card is issued.
The OCBC Rewards Card is worth considering if you:
It is less suitable if your main goal is earning miles from flights, hotels, or general overseas spending. For those needs, a dedicated travel card such as the OCBC 90°N Card may be more suitable.
Thinking about getting the OCBC Rewards Card? Before applying, check that you meet the age and income requirements and have the necessary documents ready.
For Singaporeans and Singapore PRs, the minimum annual income is S$30,000 if you are aged 21 to 55, while those aged above 55 have a lower minimum income requirement of S$15,000. Foreigners need a minimum annual income of S$45,000.
Here are the main requirements for the principal card.
Requirement | Details |
Minimum age | 21 years old |
Singaporeans and PRs aged 21 to 55 | Minimum annual income of S$30,000 |
Singaporeans and PRs aged above 55 | Minimum annual income of S$15,000 |
Foreigners | Minimum annual income of S$45,000 |
Principal card annual fee | S$196.20, including GST |
Annual fee waiver | First 2 years |
Automatic annual fee waiver after that | Spend S$10,000 in one year |
The S$10,000 spending requirement starts from the month after your OCBC Rewards Card is issued. Eligible retail transactions, monthly instalment payments and PayLite installments can count towards the annual fee waiver, while certain transactions such as cash advances, bank charges and refunded amounts do not.
Applying online is relatively straightforward:
1. Go to OCBC's credit card application page
Select the OCBC Rewards Card and start your application.
2. Use MyInfo with Singpass
For eligible applicants, MyInfo can pre-fill information in the application form. OCBC says this can shorten the application process and may provide an almost immediate application outcome.
3. Check your personal details
Review your contact, employment and other application information before continuing.
4. Provide any required documents
If OCBC requires additional income or supporting documents, submit them through the requested channel. OCBC also provides an online document upload service for card applications.
5. Review and submit your application
Check the details and submit the completed application.
You can also apply through OCBC's digital banking platform. Existing OCBC customers can log in, select Apply, choose Credit Card, select the card and follow the application steps.
Before submitting your application, make sure you:
If you are mainly applying for the card to earn rewards on shopping, it is also worth checking whether your usual merchants qualify for bonus OCBC$. OCBC determines bonus rewards based on the relevant merchant category codes, so not every transaction at a particular retailer will necessarily qualify.
The card has a simple base structure. Eligible spending earns 1 OCBC$ per S$1, while selected retail categories receive an additional 9 OCBC$, giving a total of 10 OCBC$ per S$1.
OCBC awards OCBC$ in blocks of S$5 per transaction, so smaller purchases may not receive rewards in exactly the same way as larger transactions.
Always check the transaction and merchant eligibility before relying on the bonus rate.
The regular 10 OCBC$ per S$1 rate applies to selected merchant categories and merchants.
Examples of qualifying retail categories include:
Category | Examples |
Department stores | Takashimaya, TANGS, Isetan |
Clothing | UNIQLO, ASOS, Burberry |
Shoes | Skechers, Charles & Keith, Bata |
Sportswear | Nike, Lululemon, Adidas |
Sporting goods | Decathlon, New Balance |
Luggage and leather goods | RIMOWA, Coach |
Online retail | Selected online retailers |
Duty free | Selected duty free stores |
OCBC also lists selected merchants including Alibaba, AliExpress, Amazon, ezbuy, Lazada, Mustafa Centre, Shopee, Taobao, TikTok Shop, Unity by FairPrice, Guardian and Watsons. However, the actual merchant category code can affect whether a transaction qualifies.
From now until 31 March 2027, OCBC Rewards Cardmembers can earn 15 OCBC$ per S$1, equivalent to 6 air miles based on OCBC's current reference, at:
The promotion provides up to 5,000 extra bonus OCBC$ on top of the usual 10,000 bonus OCBC$ monthly limit.
Despite its name and the ability to convert points into miles, the OCBC Rewards Card should not be treated as a dedicated travel credit card.
Its main travel benefit is the ability to earn rewards from eligible overseas retail spending and later convert OCBC$ into airline or hotel loyalty points.
The card does not currently advertise complimentary airport lounge access or complimentary travel insurance as standard OCBC Rewards Card benefits. Travellers looking specifically for these features should consider a dedicated travel card instead.
The card does, however, come with Mastercard privileges and e-commerce protection for online purchases.
The OCBC Rewards Card's current product information does not list complimentary travel insurance as a standard card benefit.
Therefore, avoid assuming that paying for a flight with the OCBC Rewards Card automatically gives you travel insurance.
If travel insurance is a priority, consider purchasing a separate travel insurance policy or choosing a credit card that specifically includes complimentary travel coverage.
The OCBC Rewards Card can earn bonus OCBC$ on eligible retail spending made overseas because selected bonus categories can apply to both local and overseas transactions.
However, overseas spending comes with foreign currency transaction charges. OCBC states that foreign currency transactions are subject to a 1% card association currency conversion charge and a 2.25% bank administrative fee, for a total of 3.25% before considering the exchange rate.
For Singapore travellers, this means you should focus on overseas purchases that genuinely qualify for the bonus rate rather than using the card for every travel expense.
Also avoid dynamic currency conversion where possible. Paying in the local currency is generally preferable to allowing the overseas merchant to convert the transaction into Singapore dollars.
The best way to use the card is to concentrate your spending on eligible merchants and categories rather than using it as an all-purpose card.
The current 15 OCBC$ promotion makes Watsons, Lazada, Shopee, Taobao and TikTok Shop particularly attractive spending categories until 31 March 2027.
If you already plan to make a purchase, putting an eligible transaction on the card can help you build OCBC$ faster.
The standard bonus cap is 10,000 bonus OCBC$ per month, with an additional 5,000 promotional bonus OCBC$ available under the current 15 OCBC$ campaign.
Once you reach the normal bonus limit, additional eligible spending will only earn the base 1 OCBC$ per S$1.
For this reason, track your bonus OCBC$ rather than simply looking at your total card spending.
A merchant's name alone does not guarantee bonus rewards.
OCBC uses the merchant's Merchant Category Code, or MCC, to determine whether a transaction qualifies. The MCC is assigned by the merchant's acquiring bank, and OCBC cannot change or override it.
This is particularly important for large purchases such as electronics, luggage, fashion and travel related spending.
OCBC$ remain valid for 24 calendar months from the month they are earned. Keep an eye on your rewards balance in the OCBC app so that older points do not expire unused.
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For new OCBC credit cardmembers, OCBC is currently advertising a welcome offer for the OCBC Rewards Card.
New eligible cardmembers can receive 55,000 OCBC$, equivalent to 22,000 miles, together with a two year annual fee waiver, after making at least S$800 in eligible spending within 60 days from card approval. The promotion is valid until 31 December 2026, subject to the promotion terms.
This is separate from the card's regular rewards earning and should be checked against the latest eligibility requirements before applying.
The OCBC Rewards Card sits in a different position from cashback cards and dedicated travel cards.
Card | Main strength | Best suited for |
OCBC Rewards Card | Up to 10 OCBC$ per S$1 on selected retail spend, plus current 15 OCBC$ promotion | Shoppers and online shoppers |
Citi Rewards Card | 10X points on eligible online and in-store shopping | Online and retail spending |
HSBC Revolution | Up to 4 miles per S$1 on eligible online and contactless spending for standard cardholders | Online, contactless and lifestyle spending |
UOB One Card | Cashback based on monthly spending tiers | Cashback seekers and everyday spending |
OCBC 90°N Card | 2.1 miles per S$1 on foreign currency spend and 1.3 miles per S$1 local spend | Frequent travellers |
Citi Rewards is particularly similar because it also focuses heavily on online and retail purchases. Citi currently advertises 10X points for eligible online purchases and in-store shopping, while travel related transactions and mobile wallet transactions are excluded from the 10X online category.
HSBC Revolution is more lifestyle and travel oriented, offering up to 4 miles per S$1 on eligible online and contactless spending for cardholders without the HSBC Everyday Global Account balance requirement.
UOB One is different because it is primarily a cashback card. It can offer higher cashback rates on selected everyday categories, but requires qualifying monthly spending and transaction requirements.
Planning your next holiday? You can use your OCBC Rewards Card to pay for eligible bookings on Trip.com Singapore, including flights and hotel stays. However, before checking out, it is worth understanding how your card rewards work and whether any additional savings are available.
The OCBC Rewards Card offers 10 OCBC$ per S$1 on selected retail categories and merchants. However, flight and hotel bookings are not automatically eligible for this bonus rate.
Whether a Trip.com transaction earns bonus OCBC$ depends on how the payment is classified by the merchant category code (MCC) and OCBC's eligibility rules. Check the applicable card terms before assuming that a booking qualifies for bonus rewards.
Before completing your booking, consider these steps:
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