OCBC relaunched the Titanium Rewards card back in October last year and repositioned it as a card for shopping rewards. You could earn 10X points (4 mpd) for up to $12,000 of annual (card anniversary, not calendar anniversary) spending on the following categories:
It’s true that there’s some overlap with what Citibank Rewards offers (although do note that Citibank Rewards doesn’t offer 10X for personal care and electronics/gadgets), but what really gets my attention is the 10X promotion that the Titanium Rewards is running for mobile payments from now till 31 December 2018. Simply link your Titanium Rewards card to your mobile wallet and you’ll earn 4 mpd for up to $12,000 spend per year.
The benefits of this should be obvious: it means the Titanium Rewards card can become your de facto card in situations where you’d otherwise be earning general spend rates (1.2-1.4 mpd).
Examples of where this can work for you-
- Groceries (Giant, Cold Storage, NTUC, Sheng Siong)
- Convenience Stores (7 Eleven)
- Movie tickets (assuming you’re buying them at the counter instead of online) (Cathay, Shaw, We cinemas)
- Pharmacies (Watsons, Guardian, Unity, GNC)
- Telco in-store payments (Singtel, Starhub, M1)
- Electronics purchases (Best, Challenger, Gain City, Harvey Norman)
- Wine (Wine Connection)
- Electricity Bill (if you were so inclined, you could trek down to SP’s offices in Toa Payoh, Woodlands or Raffles Place to pay via Samsung Pay)
- Hospitals (reading HWZ and our Telegram chat group confirms that quite a few of them offer this as a payment method at least in the outpatient areas)
I’m sure the above list isn’t exhaustive so feel free to chime in if you have other examples. This card can also be helpful to those of you who do not have a dedicated dining card, because eateries like Pasta Mania, Salad Stop, Subway, Toast Box, Soup Spoon, Breadtalk etc. take mobile payments.
Note that a lot of places which accept mobile payments will also probably take Paywave, so it’s true that you could also use your UOB PPV and earn 10X. That said, if you don’t have a UOB PPV (or simply want to conserve your monthly 10X cap for use at restaurants), then adding a Titanium Rewards card to your portfolio can still be useful. Also remember that UOB PPV will not earn UNI$ wherever the merchant also offers SMART$, whereas the Titanium Rewards has no such restriction.
Less ambiguity is good
One thing I like about promotions for mobile payments is that there’s less ambiguity.
With category bonuses, the eternal question on people’s minds is “what’s the MCC?” There’s nothing more frustrating than to think you’re earning 10X and end up getting 1X because the MCC didn’t turn out to be what you expected. But with mobile payments, you don’t need to worry what the MCC is. So long as a place accepts Android/Samsung/Apple Pay you know for sure you’ll get your 10X.
Final points to note
Although the 10X points are capped on $12,000 of spending each card anniversary year, this is on a per card basis. The Titanium Rewards card comes in two flavors- Blue and Pink. You can apply for both cards and double your spending cap to $24,000.
Remember that OCBC only partners with Krisflyer, so you won’t be able to build your Asiamiles balance with the Titanium Rewards card.
I see the Titanium Rewards filling a crucial gap in my miles strategy because it enables me to turn regular general spending into a category bonus. With careful planning, I imagine I’d be able to max out two cards, so 96,000 additional miles on spending that normally wouldn’t have attracted a bonus sounds pretty sweet to me.
If you’re interested in applying for the card, please consider supporting the site by using the link below.
$192.60 (First 2 Years Free)
OCBC Titanium Rewards
- Earn 4 miles per dollar when you shop at department stores, electronics stores, babies' and children's wear, or clothes, shoes and bags both online and offline, in Singapore and overseas
- Bonus miles are capped at $12K of spend per card membership year. But apply for both the Blue and Pink version of the card and double that cap to $24K (96K miles)
- Spending on the OCBC Titanium Rewards helps you earn bonus interest if you have an OCBC 360 account. Check out this article about bank accounts and miles cards