OCBC 90°N Card: Does it Live Up to the Hype?

OCBC 90°N Card: Does it Live Up to the Hype?

Unlimited Cashback & Miles + Annual Renewal Bonus

Good for

  • High spenders looking to avoid rebate caps
  • Frequent vacationers with big overseas budgets
  • People who want to earn both miles & cashback

Bad for

  • Specialised spenders with average or limited budgets
  • Travellers who prioritise luxury perks
  • Individuals seeking a card with no fee or a fee-waiver

Editor's Rating

4.0/5.0

OCBC 90°N Card is the best option on the market for high spenders seeking unlimited rewards, both in cashback and miles. Cardholders earn in Travel$, each redeemable for S$0.01 rebate or 1 air mile. Based on these rates, cardholders enjoy rewards equal to an unlimited 1.2% local cashback & 2.1% overseas, or 1.2 miles per S$1 locally & 2.1 miles overseas. These rates are quite competitive amongst both rebate and travel cards, particularly for spend in foreign currencies. Even better, rewards never expire and there are no conversion fees. OCBC 90°N cardholders also receive 10,000 bonus Travel$ yearly, redeemable for S$100 cash or 10,000 KF miles, which easily offsets the S$192.6 fee. Overall, consumers seeking an unlimited and versatile combination of rewards should definitely consider OCBC 90°N Card.

ProsCons
  • Versatile rewards: cashback or miles
  • Cashback: Unltd. 1.2% locally, 2.1% overseas
  • Miles: 1.2 mi/S$1 locally, 2.1 mi overseas
  • Annual bonus worth S$100 or 10k mi
  • No conversion fees & rewards never expire
  • Local rates are less competitive
  • No category-specific rewards boosts
  • Perks limited to discounted lounge access
  • S$192.60 fee waived just 1 year
Promotions:
  • Up to 10% off Expedia bookings
  • Apply with MyInfo and get instant approval and use of a digital card (via partnership with SingSaver)
Card Overview
Pros:
  • Versatile rewards: cashback or miles
  • Cashback: Unltd. 1.2% locally, 2.1% overseas
  • Miles: 1.2 mi/S$1 locally, 2.1 mi overseas
  • Annual bonus worth S$100 or 10k mi
  • No conversion fees & rewards never expire
  • Promotions: Up to 10% off Expedia bookings
  • Apply with MyInfo and get instant approval and use of a digital card (via partnership with SingSaver)
Cons:
  • Local rates are less competitive
  • No category-specific rewards boosts
  • Perks limited to discounted lounge access
  • S$192.60 fee waived just 1 year

What Makes OCBC 90°N Credit Card Stand Out

OCBC 90°N Card offers both unlimited rewards potential and unparalleled redemption versatility, making it ideal for high spenders who'd like to earn a mix of cashback and miles. Cardholders earn in Travel$, which can be redeemed for cashback or miles at equivalent conversion value, with an earn rate equal to an unlimited 1.2% rebate locally & 2.1% overseas or 1.2 miles per S$1 locally and 2.1 miles overseas. Rewards earned never expire and there are no conversion fees.

OCBC 90°N Card's rates–particularly for spend in foreign currencies–are quite competitive. No other unlimited cashback card offers as high an overseas rate, and the closest alternative requires S$2k minimum spend to access its boosted rate. OCBC 90°N Card does not have a minimum spend requirement. In terms of miles, OCBC 90°N Card's 2.1 mi/S$1 overseas rate is slightly higher than the 2 mi/S$1 offered by comparable cards. Given these differences, OCBC 90°N Card is best for those with significant overseas budgets, particularly high spenders who prefer cashback in most cases.

Overseas Rewards Rate Comparisons

Unltd Cashback CardsOverseas RateTravel CardsOverseas Rate
OCBC 90°N2.1%OCBC 90°N2.1 mi/S$1
CIMB V. Infinite2.0%Citi PMV2.0 mi/S$1
Citi Cash Back+1.6%DBS Altitude2.0 mi/S$1
Amex True CB1.5%SCVI X2.0 mi/S$1
Note: CIMB Visa Infinite Card's overseas rate requires S$2k minimum spend; lower spenders earn at just 1% rebate

Beyond its rates, OCBC 90°N Card primarily stands out for its versatility. As mentioned, OCBC 90°N Card rewards consumers with Travel$, where 1 Travel$ has a redemption value of S$0.01 cash or 1 air mile. These rates are roughly equivalent, assuming miles are redeemed for standard flight bookings (where each mile has a redemption value of approximately S$0.01). Most rewards cards devalue points redeemed for cashback, essentially driving cardholders to redeem points exclusively for miles (which then typically incurs a S$25 transfer fee). OCBC 90°N Card's unique structure makes it easier for consumers to earn a mix of cashback and miles, without having to worry about devaluations or conversion costs.

Still, it's worth mentioning that the redemption value of a mile varies based on its ultimate application. While redeeming an air mile for an economy ticket translates to about S$0.01 in value, redeeming for business or first class can boost redemption value to up to S$0.08. In this case, affluent travellers may still lean towards redeeming rewards for miles with OCBC 90°N. These high spenders could earn at higher miles rates with travel cards like UOB PRVI Miles Amex, however, and enjoy additional travel perks. OCBC 90°N Card only offers discounted access to lounges (US$32/person) through Mastercard Airport Experiences.

Table of redemption value of air miles according to ticket class booked

As a last point, OCBC 90°N cardholders receive 10,000 bonus Travel$ every year, which can be redeemed for S$100 cash rebate or 10,000 air miles. This bonus offsets the already moderate S$192.6 fee. No unlimited cashback card offers such an annual gift, and only a few travel cards at comparable price points offer yearly bonuses. Overall, OCBC 90°N Card is the best option on the market for consumers seeking unlimited rewards that can easily be shifted between cashback and miles.

How Does OCBC 90°N Card's Rebate Program Work?

Use our quick guide below to learn how you can redeem OCBC 90°N Card's rewards.

  • Cardholders earn in Travel$, which can be redeemed for cashback, air miles or retail vouchers
  • The redemption value of 1 Travel$ is equal to S$0.01 cash rebate or 1 KF air mile
  • Travel$ are converted to miles through the KrisFlyer Miles Redemption Programme
  • Travel$ never expire, and there are no conversion or transfer fees
  • Travel$ bonuses and rewards earnings are reflected in the monthly card statement
  • Travel$ cannot be transferred or carried over to any other OCBC Credit Card

OCBC 90°N Credit Card's Features and Benefits:

Card Overview
  • Annual Fee: S$192.6, Waived for 1 year
  • Income Requirement: S$30,000 for locals, S$45,000 for foreigners
Rewards Rate Details
  • Cardholders earn Travel$; 1 Travel$ = S$0.01 or 1 mile in redemption value
  • Rewards rates can be viewed in terms of cashback or miles
  • Cashback: Unlimited 1.2% rebate locally, 2.1% overseas
  • Miles: 1.2 miles per S$1 locally, 2.1 miles overseas
  • Annual renewal bonus: 10,000 Travel$ (equal to S$100 or 10,000 miles)
  • Rewards never expire & there are no conversion fees
Benefits & Perks
  • Access to 1,000+ lounges worldwide at US$32/person through Mastercard Airport Experiences
Promotions:
  • Up to 10% off Expedia bookings
  • Apply with MyInfo and get instant approval and use of a digital card (via partnership with SingSaver)

OCBC 90°N Credit Card's Rewards Exclusions

The following credit card expenditures are ineligible for rewards.

All card fees and charges; card annual fees; membership fees; renewal fees; balance transfer and charges incurred for any balance transfer facility; cash-on-instalment facility and charges incurred for any cash-on-instalment facility; instalment payment plan; extended payment plan; income tax payment; interest; late payment charges; goods and services tax (GST); cash advances; any other fees and charges, subject to change from time to time
Bill payments made via Internet Banking; bill payments made via AXS; prepaid accounts and prepaid cards; utility bill payments
Charitable or religious organisations; financial institutions (merchandise, services and debt repayment); banks (manual cash disbursement, automated cash disbursement); wire transfer money orders (WTMOs); trading platforms; government institutions and services; political organisations; insurance underwriting and premiums; education
Real estate agents and managers; gambling; parking lots; parking meters; garages; nondurable goods

How does OCBC 90°N Card Compare to Other Cards?

Read our comparisons of OCBC 90°N Card with other cards and learn what makes each card unique in their own way. We compare and contrast each card to highlight its uniqueness to help you identify the card that you need.

Graph showing some of Singapore’s best credit cards in terms of value-to-consumer after two years, based on an average monthly spend of S$6,000
OCBC 90°N Card v. CIMB Visa Infinite Card
  • Annual Fee: S$0.0
  • Stand-Out: Unltd. 2% rebate on travel & overseas, free green fees
  • Promotion: Receive S$100 cash credit w/ S$350 monthly spend for 1st 2mo (new customers)
  • Read Our Full Review
CIMB Visa Infinite Card is one of the absolute best unlimited cashback cards for affluent travellers on the market. Cardholders earn 1% unlimited rebate on general spend, elevated to 2% on travel and overseas transactions after S$2k minimum spend. Consumers additionally enjoy a variety of luxury perks, including complimentary green fees at fairways worldwide, up to 3 free lounge visits annually, free travel insurance and more. Even better, there's no annual fee.


OCBC 90°N Card offers a higher unlimited overseas rate and does not have a minimum spend requirement. However, it lacks the same breadth of luxury perks and has a S$192.6 annual fee. High spending golfers and travellers may prefer the no-fee benefits and convenience of CIMB Visa Infinite Card, while those focused more on versatility might prefer OCBC 90°N Card.

OCBC 90°N Card v. American Express True Cashback Card
  • Annual Fee: S$171.2
  • Stand-Out: Unlimited 1.5% rebate + Amex benefits
  • Promotion: Earn +1% cashback boost on foreign currency transactions (for 2.5% total rebate)
  • Read Our Full Review
American Express True Cashback Card offers high spenders the opportunity to earn straightforward, uncapped rebates with an extra boost after first signing on. Cardholders typically earn 1.5% flat cashback on spend locally and overseas. During their 1st 6 months, however, rebates are doubled to 3% for up to S$150 in earnings (maxed out with S$5k).


Amex True Cashback's local rate is higher than OCBC 90°N Card's, and its spend-based welcome bonus is higher than the annual bonus offered by OCBC 90°N Card (equal to S$100 in value). However, OCBC 90°N Card has a substantially higher unlimited overseas rate, and its bonus is recurring and without extra requirements. Overall, Amex True Cashback is a better match for local high spenders who want a rapid upfront boost, while OCBC 90°N Card is a better fit for people seeking cashback for large overseas budgets.

OCBC 90°N Card v. Citi PremierMiles Visa Card
  • Annual Fee: S$192.6
  • Stand-Out: Up to 21,000 welcome & 10,000 renewal miles
  • Promotion: Receive 1 x AirPods with Charging Case worth S$239 (new cardholders)
  • Read Our Full Review
Average spenders seeking an affordable travel card that still offers bonus miles & high-end perks should consider Citi PremierMiles Visa Card. Cardholders earn a fairly standard 1.2 miles per S$1 local spend and 2 miles overseas, which is very similar to the rewards rate offered by OCBC 90°N Card. Additionally, Citi PMV provides 10,000 annual renewal miles, equal in value to OCBC 90°N Card's bonus. However, Citi PMV differs from OCBC 90°N Card in providing travel perks like free travel insurance and 2 free lounge visits per year. OCBC 90°N Card just offers discounted lounge access. As a result, travellers who prioritise perks might prefer Citi PMV Card.
OCBC 90°N Card v. DBS Altitude Visa Card
  • Annual Fee: S$192.6
  • Stand-Out: Fee-waiver & perks like lounge access
  • Promotion: S$220 cashback w/ promo code "SHOP220" via our partnership with SGSaver
  • Read Our Full Review
DBS Altitude Card is the best no-fee travel card on the market for competitive rates paired with luxury travel perks. Cardholders earn 1.2 miles per S$1 locally, 2 miles overseas and 3 miles on online travel bookings. While these rates are quite respectable, what really stands out are the card's benefits, which include 2 free lounge visits/year, complimentary travel insurance, discounted green fees at fairways across SE Asia, and dining privileges through Visa Foodie Trail. The S$192.6 annual fee is even waived with S$25k annual spend. While OCBC 90°N Card offers the equivalent of a 10,000 annual miles bonus, it lacks special category rate boosts and exclusive travel perks. There also isn't a fee waiver. Those who want no-fee perks and have a budget of about S$2,083/month would likely be better off with DBS Altitude Card.
OCBC 90°N v. CIMB Visa Infinite
  • Annual Fee: S$0.0
  • Stand-Out: Unltd. 2% rebate on travel & overseas, free green fees
  • Promotion: Receive S$100 cash credit w/ S$350 monthly spend for 1st 2mo (new customers)
  • Read Our Full Review
CIMB Visa Infinite Card is one of the absolute best unlimited cashback cards for affluent travellers on the market. Cardholders earn 1% unlimited rebate on general spend, elevated to 2% on travel and overseas transactions after S$2k minimum spend. Consumers additionally enjoy a variety of luxury perks, including complimentary green fees at fairways worldwide, up to 3 free lounge visits annually, free travel insurance and more. Even better, there's no annual fee.


OCBC 90°N Card offers a higher unlimited overseas rate and does not have a minimum spend requirement. However, it lacks the same breadth of luxury perks and has a S$192.6 annual fee. High spending golfers and travellers may prefer the no-fee benefits and convenience of CIMB Visa Infinite Card, while those focused more on versatility might prefer OCBC 90°N Card.

OCBC 90°N v. Amex True Cashback
  • Annual Fee: S$171.2
  • Stand-Out: Unlimited 1.5% rebate + Amex benefits
  • Promotion: Earn +1% cashback boost on foreign currency transactions (for 2.5% total rebate)
  • Read Our Full Review
American Express True Cashback Card offers high spenders the opportunity to earn straightforward, uncapped rebates with an extra boost after first signing on. Cardholders typically earn 1.5% flat cashback on spend locally and overseas. During their 1st 6 months, however, rebates are doubled to 3% for up to S$150 in earnings (maxed out with S$5k).


Amex True Cashback's local rate is higher than OCBC 90°N Card's, and its spend-based welcome bonus is higher than the annual bonus offered by OCBC 90°N Card (equal to S$100 in value). However, OCBC 90°N Card has a substantially higher unlimited overseas rate, and its bonus is recurring and without extra requirements. Overall, Amex True Cashback is a better match for local high spenders who want a rapid upfront boost, while OCBC 90°N Card is a better fit for people seeking cashback for large overseas budgets.

OCBC 90°N v. Citi PremierMiles Visa
  • Annual Fee: S$192.6
  • Stand-Out: Up to 21,000 welcome & 10,000 renewal miles
  • Promotion: Receive 1 x AirPods with Charging Case worth S$239 (new cardholders)
  • Read Our Full Review
Average spenders seeking an affordable travel card that still offers bonus miles & high-end perks should consider Citi PremierMiles Visa Card. Cardholders earn a fairly standard 1.2 miles per S$1 local spend and 2 miles overseas, which is very similar to the rewards rate offered by OCBC 90°N Card. Additionally, Citi PMV provides 10,000 annual renewal miles, equal in value to OCBC 90°N Card's bonus. However, Citi PMV differs from OCBC 90°N Card in providing travel perks like free travel insurance and 2 free lounge visits per year. OCBC 90°N Card just offers discounted lounge access. As a result, travellers who prioritise perks might prefer Citi PMV Card.
OCBC 90°N v. DBS Altitude
  • Annual Fee: S$192.6
  • Stand-Out: Fee-waiver & perks like lounge access
  • Promotion: S$220 cashback w/ promo code "SHOP220" via our partnership with SGSaver
  • Read Our Full Review
DBS Altitude Card is the best no-fee travel card on the market for competitive rates paired with luxury travel perks. Cardholders earn 1.2 miles per S$1 locally, 2 miles overseas and 3 miles on online travel bookings. While these rates are quite respectable, what really stands out are the card's benefits, which include 2 free lounge visits/year, complimentary travel insurance, discounted green fees at fairways across SE Asia, and dining privileges through Visa Foodie Trail. The S$192.6 annual fee is even waived with S$25k annual spend. While OCBC 90°N Card offers the equivalent of a 10,000 annual miles bonus, it lacks special category rate boosts and exclusive travel perks. There also isn't a fee waiver. Those who want no-fee perks and have a budget of about S$2,083/month would likely be better off with DBS Altitude Card.
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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