If you’re looking for a credit card that offers great cashback rewards on everyday expenses, then the OCBC 365 Credit Card is definitely worth considering. This card is designed to help you save money on dining, groceries, petrol, and more, making it a great choice for those who want to get the most out of their spending.
The OCBC 365 Credit Card is one of the most popular cashback credit cards in Singapore due to its attractive rewards and benefits. With this card, you can earn up to 6% cashback on dining, 3% cashback on groceries and online shopping, and 5% cashback on petrol. Additionally, you can enjoy discounts and privileges at over 1,000 merchants across Singapore, including restaurants, hotels, and retail stores.
Overall, the OCBC 365 Credit Card is a great choice for anyone looking to earn cashback rewards on their everyday expenses. With its generous rewards and benefits, low fees and charges, and additional card features, this card is definitely worth considering if you want to save money while still enjoying the things you love.
OCBC 365 Credit Card Overview
If you’re looking for a credit card that rewards you for everyday spending, the OCBC 365 Credit Card is worth considering. With this card, you can earn cashback on dining, groceries, petrol, and more, all year round.
Key Features
The OCBC 365 Credit Card offers some attractive features that make it an appealing choice for many Singaporeans. Here are some of the key features of this card:
- Cashback rewards: You can earn up to 6% cashback on dining, 3% cashback on groceries and online food delivery, 5% cashback on petrol, and more.
- Annual fee waiver: The annual fee of S$192.60 is waived for the first two years.
- MyInfo: The application process is made easy with MyInfo. You can apply for the OCBC 365 Credit Card without submitting any documents if you have a MyInfo profile.
- Contactless payment: You can make quick and secure payments using Visa payWave or Mastercard PayPass.
- Mobile payments: You can enjoy easy and secure mobile payments with Apple Pay, Google Pay, or Samsung Pay.
Eligibility Criteria
To apply for the OCBC 365 Credit Card, you need to meet the following eligibility criteria:
- Age: You must be at least 21 years old.
- Annual income: For Singaporeans and Permanent Residents, the minimum annual income requirement is S$30,000. For foreigners, the minimum annual income requirement is S$45,000.
- NRIC or Passport: You need to have a valid NRIC or Passport.
- Payslip or Income Tax Notice of Assessment: You need to provide your latest payslip or Income Tax Notice of Assessment as proof of income.
Overall, the OCBC 365 Credit Card is a solid choice for anyone who wants to earn cashback on everyday spending. With its generous rewards and easy application process, this card is definitely worth considering.
Rewards and Benefits
If you are looking for a credit card that offers great rewards and benefits, the OCBC 365 Credit Card is definitely worth considering. With a range of cashback rewards and perks, this card is perfect for those who love to dine out, shop for groceries, and travel.
Dining and Food Delivery Perks
With the OCBC 365 Credit Card, you can enjoy up to 5% cashback on everyday dining, including fast food dining and online food delivery. This means you can indulge in your favourite meals without worrying about breaking the bank.
Grocery Shopping Rewards
When it comes to grocery shopping, the OCBC 365 Credit Card offers up to 3% cashback on your purchases. This means you can stock up on your favourite items while earning cashback rewards at the same time.
Fuel Savings and Transport Offers
The OCBC 365 Credit Card also offers up to 6% cashback on fuel spend at petrol service stations both locally and overseas. This makes it perfect for those who rely on their cars for daily transportation. Additionally, you can enjoy up to 23% fuel savings at Caltex and 20.2% at Esso.
Travel and Overseas Expenditure
If you love to travel, the OCBC 365 Credit Card offers a range of benefits and perks. You can enjoy up to 3% cashback on online travel bookings, including flights and hotel stays. Additionally, you can enjoy exclusive discounts on travel packages, hotels, and attractions.
Online Shopping Advantages
The OCBC 365 Credit Card also offers up to 3% cashback on online shopping, including local and overseas purchases. This makes it perfect for those who love to shop online and enjoy cashback rewards at the same time.
Bill Payments and Recurring Charges
With the OCBC 365 Credit Card, you can enjoy up to 3% cashback on recurring telco and electricity bills, as well as land transport expenses. This means you can save money on your monthly bills while earning cashback rewards at the same time.
Overall, the OCBC 365 Credit Card is a great choice for those who want to enjoy a range of lifestyle benefits and cashback rewards. With its range of benefits and perks, this card is perfect for those who want to save money on their daily expenses while enjoying exclusive discounts and rewards.
Cashback Details
If you’re looking for a cashback credit card, the OCBC 365 Credit Card is definitely worth considering. Here are the cashback details that you need to know.
Cashback Rates and Categories
With the OCBC 365 Credit Card, you can earn cashback on a variety of categories. You can earn 5% cashback on dining, including local, overseas, and online food delivery. You can also earn 6% cashback on fuel spend at all petrol service stations locally and overseas. For groceries, land transport, online travel, recurring telco, and electricity bills, you can earn 3% cashback. For everything else, you can earn 0.3% cashback.
Cashback Cap and Minimum Spend
There is a cashback cap of S$80 per month, which means you can earn up to S$80 cashback per month. You need to spend a minimum of S$800 per month to be eligible for the 6% cashback on fuel spend. Additionally, if you charge a minimum of S$1,600 to your OCBC 365 Credit Card each month, you can earn an additional 1% cashback on all spending categories.
Overall, the OCBC 365 Credit Card is a great option if you’re looking for a cashback credit card. With its generous cashback rates and categories, as well as its cashback cap and minimum spend requirements, you can earn significant cashback on your everyday spending.
Fees and Charges
If you are considering the OCBC 365 Credit Card, it’s essential to understand the fees and charges associated with it. In this section, we will give you an overview of the fees and charges that you can expect.
Annual Fee and Waivers
The OCBC 365 Credit Card has an annual fee of £194.40. However, the first two years’ annual fee is waived, which means you won’t have to pay anything for the first two years. After the first two years, you will be charged £194.40 annually. To avoid paying the annual fee, you can spend at least £10,000 in one year, starting from the month after your card was issued. If you meet this requirement, you will receive an automatic waiver of the annual fee.
Interest Rates and Transaction Fees
The interest rate for the OCBC 365 Credit Card is 26.88% per annum. If you use your card for foreign currency transactions, you will be charged a foreign currency transaction fee of 2.8% of the transaction amount. The cash advance fee is 6% of the amount withdrawn or S$15, whichever is higher. If you make a late payment, you will be charged a late payment fee of S$100 if the minimum payment is not received by the due date. Additionally, if you exceed your credit limit, you will be charged an overlimit fee of S$40.
Other Potential Costs
Apart from the fees and charges mentioned above, there are a few other potential costs that you should be aware of. For instance, if you lose your card, you will be charged S$100 for a replacement card. If you request a copy of your statement, you will be charged S$5 per copy. If you dispute a transaction, you may be charged a dispute fee of S$10 per transaction. Finally, if you decide to cancel your card, you may be charged a cancellation fee of S$100.
Overall, while the OCBC 365 Credit Card does have some fees and charges, they are relatively standard for credit cards. By understanding the fees and charges associated with the card, you can make an informed decision about whether it’s the right card for you.
Additional Card Features
The OCBC 365 Credit Card comes with a range of additional features that can make your life easier and more enjoyable.
Concierge and Insurance Services
As an OCBC 365 Credit Card holder, you can enjoy access to a range of concierge services, including travel and dining recommendations, event ticketing, and more. This can be especially useful if you’re travelling overseas and need help with things like restaurant reservations or local tours.
In addition to concierge services, the card also comes with comprehensive insurance coverage. You’ll be covered for travel accidents and medical emergencies, as well as flight delays and baggage loss. This can give you peace of mind when you’re travelling, knowing that you’re protected in case something goes wrong.
Visa Luxury Hotel Collection
If you’re looking for luxury accommodation, the OCBC 365 Credit Card can help. As a Visa Luxury Hotel Collection member, you’ll have access to a range of exclusive benefits and perks at some of the world’s most prestigious hotels. This includes things like room upgrades, late check-out, and complimentary breakfast.
To take advantage of these benefits, simply book your stay through the Visa Luxury Hotel Collection website using your OCBC 365 Credit Card. You’ll then be able to enjoy a range of exclusive perks and benefits during your stay.
Overall, the additional features of the OCBC 365 Credit Card can make it an even more attractive option for those looking for a comprehensive and rewarding credit card. From concierge services to insurance coverage to luxury hotel perks, there’s something for everyone.
Frequently Asked Questions
What splendid benefits can one enjoy with the OCBC 365 Credit Card?
The OCBC 365 Credit Card offers a range of benefits that make it a great choice for those looking to earn cashback on their everyday expenses. With this card, you can enjoy up to 6% cashback on dining, 3% cashback on groceries, transport, and online travel bookings, and 5% cashback on fuel at all petrol stations. Additionally, you can earn 0.3% cashback on all other spending.
How can I take advantage of the latest OCBC 365 Credit Card promotions?
To take advantage of the latest promotions for the OCBC 365 Credit Card, simply keep an eye on the OCBC website or sign up for their newsletter to stay up-to-date on the latest offers. These promotions can include everything from bonus cashback to discounts on dining and travel.
Could you enlighten me on the cashback opportunities with the OCBC 365 Credit Card?
Sure! The OCBC 365 Credit Card offers a range of cashback opportunities, including up to 6% cashback on dining, 3% cashback on groceries, transport, and online travel bookings, and 5% cashback on fuel at all petrol stations. You can also earn 0.3% cashback on all other spending.
What are the terms and conditions I should be aware of for the OCBC 365 Credit Card?
Before applying for the OCBC 365 Credit Card, it’s important to be aware of the terms and conditions. These can include things like minimum spend requirements, cashback caps, and fees. You can find all the relevant information on the OCBC website or by contacting their customer service team.
Is there an annual fee for the OCBC 365 Credit Card, and how does it compare?
Yes, there is an annual fee for the OCBC 365 Credit Card. The fee is S$192.60 per year, but it is waived for the first two years. When compared to other similar cards on the market, this fee is relatively low, making the OCBC 365 Credit Card a great value for those looking to earn cashback on their everyday expenses.
How do I go about cancelling my OCBC 365 Credit Card, should the need arise?
If you need to cancel your OCBC 365 Credit Card, you can do so by contacting the OCBC customer service team. Be sure to pay off any outstanding balances before cancelling the card.
