Best OCBC Credit Cards 2019

Choosing the perfect credit card from all the options available in Singapore can be a daunting process. But the golden rule of credit card shopping is that no one card is the absolute best, and that every card is capable of being the perfect card for different people. Here, we discuss and compare some of the best credit cards from OCBC, the 2nd biggest bank in Singapore.

Best OCBC Credit CardsCard Features
Best for CashbackOCBC 365Rebates on essentials with easy fee-waiver
Best for MilesOCBC VoyageFlexible miles redemption, boosted rewards for local dining
Young AdultsOCBC FrankUp to 6% rebate online, low S$400 min. spend requirement
Shopping & RetailOCBC Titanium4 miles per S$1 on fashion & select retail
0% Instalment PlanOCBC CashfloRewards for split payments, no processing fee

Best Rebate Card for Everyday Essentials: OCBC 365 Card

Consider this if you are looking for a credit card for general day-to-day use

Annual Income Requirement S$30,000
Foreigner Income Requirement S$45,000
Promotions:
  • Earn S$88 cashback with card approval + S$80 cash credit with S$800 spend in 1st month

If you want no-fee rebates on daily essentials, there’s no better option than OCBC 365 Card. Cardholders earn up to 6% rebate on dining and online food delivery, as well as 3% on groceries, transport (like Grab), travel bookings, and even recurring bills. The closest competitor not only restricts merchants, but also only offers 1% rebate on bills.

Another way in which OCBC 365 Card stands out is by offering a fee-waiver. Cardholders are exempt from the S$192.6 fee after just S$10,000 annual spend (about S$833/month). Given that the card has a S$800 minimum requirement, this isn’t much of a stretch. Overall, if you want to consolidate your spend into to one everyday card with top rebates and a fee-waiver, OCBC 365 Card is for you.

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  • Annual fee: S$192.6, 2-year waiver, subsequently with S$10,000 annual spend
  • 6% rebate on dining & online food delivery
  • 3% rebate on groceries, land transport, recurring bills & online travel
  • Up to 23% fuel savings with Caltex, 20.4% with Esso, 5% other stations
  • Free travel insurance, Visa Signature Privileges
  • Annual fee: S$192.6, 2-year waiver, subsequently with S$10,000 annual spend
  • 6% rebate on dining & online food delivery
  • 3% rebate on groceries, land transport, recurring bills & online travel
  • Up to 23% fuel savings with Caltex, 20.4% with Esso, 5% other stations
  • Free travel insurance, Visa Signature Privileges

Best Card for Flexible Miles Redemption: OCBC Voyage Card

Consider this if you want flexible miles redemption and dine out frequently

Annual Income Requirement S$120,000
Foreigner Income Requirement S$120,000
Promotions:
  • Up to 7% off worldwide hotel bookings with Agoda

OCBC Voyage Card stands out as one of the most flexible travel cards on the market. Cardholders earn high rates of 2.3 miles per S$1 overseas, 1.2 miles locally and a boosted 1.6 miles for local dining. This makes it easy to earn rewards no matter where you are–travelling, or at home for an extended period of time. In addition, miles can be redeemed with no black-out dates, no conversion fees, and minimal processing time.

OCBC Voyage Card also stands out for its perks. Cardholders enjoy unlimited airport lounge access worldwide. They also receive free travel insurance, up to 2 free limo transfers/month, and discounted green fees at fairways across SE Asia. While there’s a S$488 fee, it’s clearly reflected in the exclusive perks and high rewards rates. If you want a flexible travel card with luxury privileges, you may want to consider OCBC Voyage Card.

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  • Annual fee: S$488
  • 1.2 miles per S$1 local spend, 1.6 miles local dining, 2.3 miles overseas
  • Unlimited lounge access, free limo transfers, golfing privileges
  • Free travel insurance & global concierge service
  • Up to 19% fuel savings with Caltex
  • Annual fee: S$488
  • 1.2 miles per S$1 local spend, 1.6 miles local dining, 2.3 miles overseas
  • Unlimited lounge access, free limo transfers, golfing privileges
  • Free travel insurance & global concierge service
  • Up to 19% fuel savings with Caltex

Best No-Fee Rebate Card for Young Adults: OCBC Frank Card

Consider this if you frequently spend money shopping for luxury goods and entertainment

Annual Income Requirement S$30,000
Foreigner Income Requirement S$45,000
Promotions:
  • Earn S$88 cashback with card approval + S$80 cash credit with S$800 spend in 1st month

OCBC Frank Card is undoubtedly one of the best cashback cards for young adults on the market. Cardholders begin earning after just S$400 offline spend–one of the lowest minimum requirements on the market. They also have access to impressive rates: 6% rebate for online spend and 5% for weekend entertainment & at select cafes (3% on weekdays). Even the first 2 NETS FlashPay Auto Top-Ups earn 3% rebate. Overall, cardmembers can earn up to S$60/month.

OCBC Frank Card not only has a lower minimum spend requirement than its closest competitor, it also offers a fee-waiver–its competitor does not. Cardholders are exempt from the already low S$80.0 fee with just S$10,000 spend (about S$833/month). Ultimately, OCBC Frank Card is the best option for those who want to earn top rebates for online and weekend spend, but who don’t want to worry about minimum requirements or fees.

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  • Annual fee: S$80.0, 2-year waiver, subsequently with S$10,000 annual spend
  • 6% rebate on online spend
  • 5% weekend rebate on local entertainment & select cafes (3% weekdays)
  • 3% rebate on first 2 NETS FlashPay Auto Top-Ups
  • Up to 16% fuel savings with Caltex, 14% with Esso
  • Annual fee: S$80.0, 2-year waiver, subsequently with S$10,000 annual spend
  • 6% rebate on online spend
  • 5% weekend rebate on local entertainment & select cafes (3% weekdays)
  • 3% rebate on first 2 NETS FlashPay Auto Top-Ups
  • Up to 16% fuel savings with Caltex, 14% with Esso

Best Miles Card for Fashion & Retail: OCBC Titanium Rewards Card

Consider this if you want to accrue miles from your shopping purchases

Annual Income Requirement S$30,000
Foreigner Income Requirement S$45,000
Promotions:
  • Earn S$88 cashback with card approval + S$80 cash credit with S$800 spend in 1st month

OCBC Titanium Rewards Card is the best card on the market for frequent retail shoppers. Cardholders earn 10 points (4 miles) per S$1 spend on fashion, electronics, and with select retail merchants (Amazon, Lazada, Shopee, Qoo10 & many more). In addition, all kinds of transactions are rewards eligible–online, offline, locally and overseas. This makes OCBC Titanium Card far more versatile than competitors; cardholders can earn rewards on everything from beauty products to appliances with no merchant restrictions.

Another reason to consider OCBC Titanium Card is that is comes with a variety of perks, including a fee-waiver. Cardholders receive airport lounge & JetQuay Quayside access, plus eCommerce protection. In addition, the S$192.6 fee is waived with S$10,000 annual spend. The competitor comes with fewer benefits and lacks a fee-waiver. Ultimately, if you want a flexible retail card to maximise miles for shopping spend, consider OCBC Titanium Card.

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  • Annual fee: S$192.6, 2-year waiver, subsequently with S$10,000 annual spend
  • 10 Pts (4 miles) per S$1 spend on fashion retail, department stores, electronics & select merchants (online, offline, locally & overseas)
  • Discounted airport lounge & JetQuay Quayside access
  • Up to 16% fuel savings with Caltex, 14% with Esso
  • Annual fee: S$192.6, 2-year waiver, subsequently with S$10,000 annual spend
  • 10 Pts (4 miles) per S$1 spend on fashion retail, department stores, electronics & select merchants (online, offline, locally & overseas)
  • Discounted airport lounge & JetQuay Quayside access
  • Up to 16% fuel savings with Caltex, 14% with Esso

Best Card for 0% Interest Instalment Plan: OCBC Cashflo Card

Consider this if you want to earn rebates on your 0% instalment payments

Annual Income Requirement S$30,000
Foreigner Income Requirement S$45,000
Promotions:
  • Earn S$88 cashback with card approval + S$80 cash credit with S$800 spend in 1st month

OCBC Cashflo Card offers the only 0% interest instalment plan on the market that allows you to net-earn on split transactions. Cardholders earn 1% flat rebate after S$2,000 spend (0.5% if below). This rate is very low, but it applies to purchases made on the instalment plan. Most card plans do not reward split payments; plans that do offer rewards often charge processing fees that outweigh earnings. OCBC Cashflo Card, on the other hand, does not charge for processing fees–so nothing will detract from your earnings.

Another way in which OCBC Cashflo Card stands out is for its fee-waiver. Cardholders spending S$10,000/year are exempt from the fee. Given that this card is best used for very large purchases–perhaps for wedding planning or for paying large hospital bills–it may be reasonable to achieve this spend threshold. Overall, if you like to make big purchases and pay them back over time, there’s no better option than OCBC Cashflo Card.

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  • Annual fee: S$160.5, 2-year waiver, subsequently with S$10,000 annual spend
  • 1% flat rebate with S$1,000 minimum spend (0.5% if below)
  • 0% Interest Instalment Plan with no processing fee
  • Trigger scheme automatically splits payments at specified threshold
  • Up to 16% fuel savings with Caltex, 14% with Esso
  • Annual fee: S$160.5, 2-year waiver, subsequently with S$10,000 annual spend
  • 1% flat rebate with S$1,000 minimum spend (0.5% if below)
  • 0% Interest Instalment Plan with no processing fee
  • Trigger scheme automatically splits payments at specified threshold
  • Up to 16% fuel savings with Caltex, 14% with Esso

Summary of Best OCBC Credit Cards 2019

Below, we've prepared a summary of our picks for the best OCBC credit cards 2019.

CardBest for...Annual Fee
OCBC 365Everyday Spend, Easy WaiverS$192.6 (waiver)
OCBC VoyageFlexible MilesS$488.0
OCBC FrankYoung Adults, Low MinimumS$80.0 (waiver)
OCBC TitaniumRetail ShoppersS$192.6 (waiver)
OCBC CashfloAutomatic Payment SplitS$160.5 (waiver)
CardBest for...Annual Fee
OCBC 365Everyday Spend, Easy WaiverS$192.6 (waiver)
OCBC VoyageFlexible MilesS$488.0
OCBC FrankYoung Adults, Low MinimumS$80.0 (waiver)
OCBC TitaniumRetail ShoppersS$192.6 (waiver)
OCBC CashfloAutomatic Payment SplitS$160.5 (waiver)

Similar Cards from Other Banks to Consider

To help you find your ideal rewards card, we have compared and contrasted each of the OCBC cards with similar cards from other banks. Most of these cards offer fantastic rewards that cater to people with different needs. We also show how much money one can earn or save by using a certain card over a 2-year period. By adding up the cashback, mile awards and promotions that you can earn with each card, we can give you an idea of which Standard Chartered credit card is the best for your circumstances. Do note, however, that your choice depends heavily on your individual spending habits and reward preferences, so you should make sure to read our credit card reviews that we've prepared.

A graph displaying how best OCBC credit cards compare to other cards in Singapore in terms of their rewards
A Graph Comparing 2-Year Dollar Value of OCBC Cards to Cards from Other Banks

OCBC 365 Card vs UOB One Card

UOB One Card is actually one of the best everyday cards on the market because if offers up to 5% rebate on all spend–from groceries to bills to online shopping and beyond. There are no merchant restrictions (though select vendors earn an even bigger discount through UOB SMART$ Programme) and no category specifications. This makes UOB One Card one of the most flexible cards on the market. Even better, cardholders who spend S$2,000/month can earn up to S$1,200/year.

OCBC 365 Card does have category restrictions, most of which have a lower maximum rebate rate. However, OCBC 365 Cardholders begin earning after just S$800 spend on a month-to-month basis. UOB One Card requires consistent spend across an entire quarter, and people spending between S$500–S$1,000/month can only earn 3.33% up to S$50/quarter (compared to a potential S$240/quarter with OCBC 365 Card). Even further, OCBC 365 Card comes with a fee-waiver, while UOB One Card does not. Overall, UOB One Card is a great match if you’re an average consumer with a steady budget; if your spend level varies, however, you might prefer OCBC 365 Card.

OCBC 365 Card vs POSB Everyday Card

POSB Everyday Card
POSB Everyday Card

POSB Everyday Card is a great all-in-one card for rebates on essentials, with the added convenience of EZ-Link functionality. Cardholders earn 15% cashback on online food delivery, 5% on dining & groceries, 10% overseas & on taxis, 3% on health & wellness and 1% on recurring bills. Most of these categories are merchant restricted, but have high individual caps–in fact, cardholders can earn up to S$200+/month, more than double its closest competitors.

OCBC 365 Card’s rates are for the most part, slightly lower, but cardholders can earn a fee waiver; POSB Everyday Cardholders do not have this option. In general, if you want no-fee rebates on essentials, OCBC 365 Card is a better match. If you’re willing to shop with select merchants and buy in large volumes, you may prefer POSB Everyday Card.

OCBC Voyage Card vs Citi Prestige MasterCard

Citi Prestige MasterCard is an excellent option for travellers who prioritise luxury perks. Cardholders enjoy free travel insurance, unlimited airport lounge access, 6 free green fees/year, JetQuay access, bonus 4th hotel nights & much more. In addition, cardholders earn 1.3 miles per S$1 locally and 2 miles overseas, and receive 25,000 annual renewal miles (worth S$250). These work towards offsetting the S$535 annual fee.

OCBC Voyage Card also offers top-notch luxury perks–including free travel insurance & unlimited lounge access–in addition to higher miles rewards rates. It’s annual fee is lower, at S$488. Cardholders do not receive annual renewal miles, however. Ultimately, OCBC Voyage Card is better if you’re looking for flexible miles redemption; Citi Prestige MasterCard may be a better fit if you want to earn bonus miles to offset the annual fee.

OCBC Voyage Card vs Standard Chartered Visa Infinite Card

Standard Chartered Visa Infinite Card offers the highest overseas rewards rate at 3 miles per S$1 spend, in addition to an impressive 1.4 miles per S$1 spend locally. This card stands out even moreso, however, for offering rewards for banking activity. In addition to these benefits, cardholders enjoy perks like 6 free lounge visits/year, discounted green fees & free travel insurance.

OCBC Voyage Card, on the other hand, offers lower rates. It does have a boosted rate for local dining, however, as well as more extensive perks–unlimited lounge access and free limo transfers, for example. Overall, if you want a flexible travel card that allows you to earn for dining out at home, OCBC Voyage Card is a great fit. If you spend most of your time and budget overseas, you’ll earn more with SC Visa Infinite Card.

OCBC Voyage Card vs UOB PRVI Miles American Express Card

If you’re an above average spender, UOB PRVI Miles Amex Card is a great card for rapid miles accumulation, with the added benefit of a fee-waiver. Cardholders earn 1.4 miles per S$1 locally, 2.4 miles overseas, and 10 miles with major hotels & airlines. In addition, spending S$50,000/year earns exemption from the S$256.8 fee. At this spend level, cardholders also receive 20,000 annual bonus miles (worth S$200).

While these rates are higher than those offered by OCBC Voyage Card, UOB PRVI Miles Card offers far fewer perks (namely free travel insurance & limo transfers). If luxury travel perks are important to you, you’ll likely prefer OCBC Voyage Card. However, if you want to rapidly accrue miles and avoid an annual fee, you might prefer UOB PRVI Miles Card.

OCBC Frank Card vs UOB YOLO Card

UOB YOLO Card is one of the best rebate cards for social weekend spenders on the market. Cardholders earn up to 8% cashback on weekend dining, entertainment and Grab rides after S$600 minimum spend. Cardholders also earn on online fashion and travel spend, though these rates often vary with promotions. The card stands out by offering deals tailored to young adults, including 1-for-1 food & drink specials, nightclub privileges and discount cinema tickets. There’s a S$192.6 fee, waived 1 year.

OCBC Frank Card is the closest competitor to this option. It has a much lower minimum spend (just S$400 offline), and even comes with a fee-waiver. OCBC Frank Card’s rebate rates are comparatively lower, but the card is much more accessible and affordable for young adults.

OCBC Frank Card vs Citi SMRT Card

Citi SMRT Card is a great choice for young professionals on a budget. There’s no minimum spend requirement, and cardholders can earn up to 7% on groceries, 5% on fast food, coffee & cinemas, 3% for online shopping, and 2% on health & wellness. The card is EZ-Link compatible and Auto Top-Ups earn 2% rebate.

OCBC Frank Card also appeals to lower spenders. While it rewards fewer categories, these categories are not merchant-restricted. In addition, OCBC Frank Card comes with a fee-waiver, while Citi SMRT Card does not. Ultimately, Citi SMRT Card is a great match if you’re looking for an everyday card without a minimum spend requirement; OCBC Frank Card is your best option if you spend a great deal online & on local entertainment and want to avoid paying an annual fee.

OCBC Titanium Card vs Citi Rewards Card

With Citi Rewards Card, cardholders earn 10 points (4 miles) per S$1 spend on fashion retail. This includes clothing, bags, shoes and more. In addition, cardholders earn regardless of where or how they make their purchases–online, offline, local and overseas transactions all earn rewards. OCBC Titanium Card offers the same rewards rate, with the same flexibility, but also rewards spend with select retailers (Amazon, Shopee, Lazada & more) as well. OCBC Titanium Card also offers a fee-waiver, which Citi Rewards Card does not. Ultimately, if you shop beyond fashion retail or want to avoid an annual fee, you may prefer OCBC Titanium Card.

*ValueChampion calculates the dollar value of rewards based on S$2,000 of monthly spending. We sum the value of points, miles and cashback in dollar terms and subtract the annual fee over a 24-month period. The estimates here are ValueChampion's alone, and have not been reviewed, approved or otherwise endorsed by the credit card issuer.

Carrie Arndt

Carrie is a Senior Analyst at ValueChampion, specialising in credit cards in Singapore. She previously led consumer studies worldwide as a Senior Research Executive at MMR Research.

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