OCBC Titanium Rewards Card Review Singapore

Are you looking for a credit card that gives you rewards for your shopping expenses? Look no further than the OCBC Titanium Rewards Card in Singapore. This card is designed to reward you for your everyday spending, whether online or offline.

With the OCBC Titanium Rewards Card, you can earn rewards points for each dollar spent on eligible transactions. These points can be redeemed for a variety of rewards, including vouchers, air miles, and rebates. Plus, the card comes with a range of additional perks that make it an attractive option for anyone looking for a credit card that offers more than just basic features.

If you’re interested in learning more about the OCBC Titanium Rewards Card and how it can benefit you, keep reading. In this article, we’ll take an in-depth look at its key features, rewards and benefits, how to maximise your card usage, and more. So, let’s dive in and explore the world of the OCBC Titanium Rewards Card.

Key Takeaways

The OCBC Titanium Rewards Card is an excellent option for anyone looking for a credit card that rewards them for their shopping expenses.
With this card, you can earn rewards points for each dollar spent on eligible transactions, which can be redeemed for vouchers, air miles, and rebates.
The card comes with a range of additional perks, including online shopping advantages and additional cardholder perks, that make it a great choice for anyone looking for a credit card that offers more than just basic features.

Key Features of OCBC Titanium Rewards Card

Are you looking for a credit card that rewards you for your shopping habits? Look no further than the OCBC Titanium Rewards Card. Here are some of the key features of this exciting card:

Generous Earn Rate

With the OCBC Titanium Rewards Card, you can earn up to 4 miles per dollar spent (4 MPD) on a range of shopping categories, including online and offline shopping. This means you can quickly accumulate rewards points and redeem them for a variety of exciting rewards, including air miles, hotel loyalty points, and cash rebates.

Bonus Points and Categories

The OCBC Titanium Rewards Card offers bonus points when you spend in certain categories. For example, you can earn 10 OCBC$ (4 miles) per S$1 spent on shopping, department store, and online spend categories, capped at 10,000 bonus OCBC$ per month. This is an excellent way to maximise your rewards points and get more value from your spending.

Annual Fee and Waivers

The annual fee for the OCBC Titanium Rewards Card is S$192.60 per year, but this fee is waived for the first two years. Additionally, the annual fee is waived for the subsequent years if you spend at least S$10,000 per year on your card. This makes the OCBC Titanium Rewards Card an affordable option for those who want to earn rewards points without breaking the bank.

Eligibility and Income Requirement

To be eligible for the OCBC Titanium Rewards Card, you must be at least 21 years old and have an annual income of at least S$30,000 for Singapore citizens and permanent residents, and S$45,000 for foreigners. This makes the card accessible to a wide range of people, whether you’re a student, working professional, or retiree.

In conclusion, the OCBC Titanium Rewards Card is an excellent choice for those who want to earn rewards points while shopping. With a generous earn rate, bonus categories, and affordable annual fee, this card is sure to meet your needs. Apply now and start earning rewards points today!

Rewards and Benefits

If you’re looking for a credit card that offers great rewards and benefits, the OCBC Titanium Rewards Card is worth considering. Here’s why:

Shopping Rewards

With the OCBC Titanium Rewards Card, you can earn rewards points for every dollar you spend. The card offers 10X OCBC$ (equivalent to 4 air miles) per S$1 spent on eligible online and retail purchases at selected merchants such as Apple, Shopee, H&M, and more. You can also earn 5X OCBC$ for every S$5 spent in Singapore dollars and 5X OCBC$ for every S$5 spent in foreign currency.

Travel Perks

The OCBC Titanium Rewards Card offers travel perks such as complimentary travel insurance coverage of up to S$500,000 when you charge your full travel fare to the card. You can also enjoy discounts on airport limousine services and access to JetQuay, a VIP terminal at Changi Airport.

Dining and Entertainment

The OCBC Titanium Rewards Card also offers dining and entertainment benefits. You can enjoy up to 50% off dining at selected restaurants, as well as discounts on movie tickets and other entertainment activities.

Redeem Rewards Points

You can redeem your rewards points for a variety of rewards such as shopping vouchers, air miles, and other gifts. You can also use your rewards points to offset your credit card bill.

In conclusion, the OCBC Titanium Rewards Card offers a range of benefits and rewards that make it a great choice for anyone who loves to shop, travel, dine out, or enjoy entertainment activities. With its generous rewards points system and travel perks, it’s definitely a card to consider if you’re looking for a credit card that offers value for money.

Maximising Your Card Usage

If you want to get the most out of your OCBC Titanium Rewards Card, there are a few things you can do to optimise your usage. Here are some tips to help you maximise the benefits of your card.

Optimising Bonus Categories

The OCBC Titanium Rewards Card offers bonus rewards for spending in certain categories. To maximise your rewards, you should try to make as many purchases as possible in these categories. Some of the bonus categories include:

MCC 5045 (Goods and Services – Computer Software Stores)
MCC 5732 (Electronics Stores)
Bonus Whitelist

By focusing your spending in these categories, you can earn more rewards points, which can be redeemed for a variety of items, including vouchers, air miles, and more.

Understanding Merchant Category Codes (MCC)

Merchant Category Codes (MCC) are codes that are used to classify businesses based on the types of goods and services they offer. By understanding the MCC of a business, you can determine whether or not it falls into one of the bonus categories for your card.

For example, if you’re shopping at an electronics store, you’ll want to make sure that the store’s MCC is 5732. If it’s not, you won’t earn bonus rewards for your purchase.

Utilising Promotions and Offers

OCBC often runs promotions and offers that can help you earn even more rewards with your Titanium Rewards Card. Keep an eye out for these promotions, and take advantage of them whenever you can.

Some promotions may offer bonus rewards for spending in certain categories, while others may offer discounts or other perks for using your card at specific merchants.

By taking advantage of these promotions and offers, you can maximise your rewards and get the most out of your card.

Overall, the OCBC Titanium Rewards Card is a great way to earn rewards for your everyday purchases. By following these tips and using your card wisely, you can maximise your rewards and get the most out of your card.

Online Shopping Advantages

If you are an avid online shopper, the OCBC Titanium Rewards Card is perfect for you. This card offers a range of benefits that cater to your online shopping needs. Let’s take a closer look at some of the advantages of using this card for online shopping.

Exclusive Online Deals

With the OCBC Titanium Rewards Card, you can enjoy exclusive deals and discounts when you shop online. This means that you can save money when you buy products from your favourite online stores like Amazon, Shopee, Lazada, Qoo10, and more. These exclusive deals are available only to cardholders, so you can be sure that you are getting the best value for your money.

E-Commerce Protection

When you shop online, you want to be sure that your personal and financial information is safe and secure. The OCBC Titanium Rewards Card offers e-commerce protection that safeguards your online transactions. This means that you can shop online with confidence, knowing that your information is protected.

Online and Offline Shopping Flexibility

The OCBC Titanium Rewards Card offers flexibility when it comes to online and offline shopping. You can earn rewards points when you shop online or offline, making it easy to accumulate points for your next redemption. This means that you can enjoy the benefits of the card whether you prefer to shop online or in-store.

In conclusion, the OCBC Titanium Rewards Card is an excellent choice for anyone who loves to shop online. With exclusive online deals, e-commerce protection, and online and offline shopping flexibility, this card is sure to meet all your online shopping needs.

Additional Cardholder Perks

As an OCBC Titanium Rewards Cardholder, you can enjoy a range of additional perks that can help you save money and get more out of your card.

Cash Rebates and Cashback Offers

One of the most exciting perks of being an OCBC Titanium Rewards Cardholder is the opportunity to earn cash rebates and cashback offers. With this card, you can earn up to 10x OCBC$ (equivalent to 4 air miles) per S$1 spent on eligible online and retail purchases at partner merchants like Apple, Shopee, and H&M ¹. This means that you can earn cash rebates and cashback offers while shopping for your favourite products.

Partner Merchant Benefits

In addition to earning cash rebates and cashback offers, OCBC Titanium Rewards Cardholders can also enjoy a range of partner merchant benefits. These benefits include exclusive discounts, promotions, and privileges at a range of partner merchants. Some of the partner merchants that offer benefits to OCBC Titanium Rewards Cardholders include Lazada, Zalora, and Qoo10 ². By taking advantage of these benefits, you can save money on your favourite products and services.

Interest-Free Instalments

Another great perk of being an OCBC Titanium Rewards Cardholder is the ability to enjoy interest-free instalments on your purchases. With this card, you can enjoy interest-free instalments of up to 12 months at participating merchants ³. This means that you can spread the cost of your purchases over a longer period of time without having to pay any interest charges.

Overall, the OCBC Titanium Rewards Card offers a range of additional perks that can help you save money and get more out of your card. Whether you’re looking for cash rebates and cashback offers, partner merchant benefits, or interest-free instalments, this card has something for everyone.

Footnotes

Comparing OCBC Titanium to Competitors

If you are looking for a rewards credit card, you might be wondering how the OCBC Titanium Rewards Card stacks up against its competitors. Here, we’ll take a look at how it compares to two other popular rewards cards: the Citi Rewards Card and the HSBC Revolution.

OCBC Titanium vs Citi Rewards Card

The Citi Rewards Card offers an impressive 10X rewards points (or 4 miles) for every dollar spent on online and retail purchases, just like the OCBC Titanium. However, the Citi Rewards Card also offers 10X rewards points for spending on shoes, bags, and clothes, which the OCBC Titanium does not. If you are a fashionista, the Citi Rewards Card might be the better option for you.

On the other hand, the OCBC Titanium has a lower annual fee of S$192.60, compared to the Citi Rewards Card’s S$192.60. The OCBC Titanium also offers a wider range of redemption options, including air miles, cashback, and vouchers, making it a more versatile rewards card.

OCBC Titanium vs HSBC Revolution

Like the OCBC Titanium and Citi Rewards Card, the HSBC Revolution offers 10X rewards points (or 4 miles) for every dollar spent on online and retail purchases. However, the HSBC Revolution has a lower monthly cap of S$1,000, compared to the OCBC Titanium’s S$12,000 annual cap.

The HSBC Revolution also has a lower annual fee of S$160.50, compared to the OCBC Titanium’s S$192.60. However, the OCBC Titanium offers a wider range of redemption options, including air miles, cashback, and vouchers, making it a more versatile rewards card.

Overall, if you are looking for a 4 MPD card, the OCBC Titanium Rewards Card is a strong contender. It offers a high earn rate, a wide range of redemption options, and a low annual fee. However, if you are a fashionista, the Citi Rewards Card might be a better option for you. If you are looking for a card with a lower annual fee and don’t mind a lower monthly cap, the HSBC Revolution might be a good choice.

Fees and Charges

When it comes to fees and charges, the OCBC Titanium Rewards Card is a great option that doesn’t break the bank. The annual fee for this card is S$192.60, which is waived for the first two years. This means that you can enjoy all the benefits of the card without having to worry about paying an annual fee for the first two years.

In terms of interest rates, the OCBC Titanium Rewards Card charges an interest rate of 26.88% per annum on outstanding balances. This is relatively standard for credit cards in Singapore, and it’s important to make sure that you pay off your balance in full each month to avoid paying interest.

One thing to keep in mind with the OCBC Titanium Rewards Card is that there is a spending cap of S$12,000 per year for the 10x OCBC$ rewards. This means that you can earn up to 120,000 OCBC$ per year at the 10x rate, but any spending beyond this amount will only earn OCBC$ at the base rate of 1 OCBC$ for every S$5 spent.

In addition to the annual fee and interest rates, there are a few other charges to be aware of with the OCBC Titanium Rewards Card. For example, all foreign currency transactions are subject to a fee of 3.25%. This is a standard fee for credit cards in Singapore, but it’s important to keep in mind if you plan on using your card for overseas transactions.

Overall, the fees and charges associated with the OCBC Titanium Rewards Card are reasonable and in line with other credit cards in Singapore. With the waived annual fee for the first two years, it’s a great option for anyone looking to earn rewards points on their spending without having to pay a high annual fee.

Application Process

Applying for the OCBC Titanium Rewards Card is a quick and hassle-free process. If you already have an OCBC 360 account, you can apply for the card online through the bank’s website. The 360 account holders can enjoy a waiver of the annual fee for the first two years.

To apply for the card, you need to meet the eligibility criteria, which includes being a Singaporean citizen or permanent resident, aged 21 years or above, and earning a minimum annual income of SGD 30,000. You will also need to provide your personal and employment details, such as your NRIC, income documents, and contact information.

Once you have submitted your application, you can expect to receive a response within a few business days. If your application is approved, you will receive your new card within seven business days.

Overall, the application process for the OCBC Titanium Rewards Card is straightforward and user-friendly. With the added benefit of the 360 account, it’s an ideal card for those who are looking to earn rewards points while enjoying fee waivers and other perks.

Frequently Asked Questions

How thrilling is the rewards scheme with the OCBC Titanium card?

The rewards scheme with the OCBC Titanium card is thrilling indeed. You can earn 5 OCBC$ for every S$5 spent in Singapore Dollars and 5 OCBC$ for every S$5 spent in foreign currency. Plus, 1 OCBC$ is worth 0.4 airline miles, which means you can earn an effective earn rate of 0.4 mpd for both local and foreign currency spending.

Can you believe the annual fee for the Titanium Rewards Pink card is waived under certain conditions?

Yes, it’s true! The annual fee for the Titanium Rewards Pink card is waived for the first 2 years if you charge a minimum of S$10,000 to your card annually. That’s a great deal, isn’t it?

What’s the fabulous monthly cap on rewards with the OCBC Titanium?

The monthly cap on rewards with the OCBC Titanium card is 24,000 OCBC$. This is equivalent to 9,600 KrisFlyer miles, which is quite generous.

Is there a dazzling difference between the Titanium Blue and Pink cards?

Yes, there is a difference. The Titanium Pink card is designed for women and comes in a pink colour. It also offers additional benefits such as discounts on beauty and wellness services. However, the rewards scheme for both cards is the same.

What are the most exciting promotions currently available for OCBC Titanium cardholders?

Currently, OCBC Titanium cardholders can enjoy promotions such as 10% off on online shopping at Lazada, Shopee, and Qoo10. They can also earn up to 10% rebate on dining, groceries, and petrol at selected merchants.

How does the OCBC Titanium card fare when it comes to earning rewards on overseas spending?

The OCBC Titanium card is a great choice for earning rewards on overseas spending. You can earn 5 OCBC$ for every S$5 spent in foreign currency, and the rewards are not limited to a specific country or region. However, do note that all transactions in foreign currency attract an FCY fee of 3.25%.