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Limited time: OCBC Titanium Rewards offering 12 mpd on spending at IKEA

12 mpd on the first $1,000 spent between now and 11 March at IKEA.

I realise IKEA design is something that polarizes people (for what it’s worth, I like it. Then again, I also wear crocs), but thankfully there’s one thing we can all agree on: more miles is good.

Image result for ikea designs

In that spirit, you might like to know that between 1-11 March, OCBC is offering 12 mpd on the first S$1,000 you spend on your Titanium Rewards card at IKEA. This excludes purchases made under the OCBC 0% installment payment plan, purchases made on IKEA’s online store and purchases made at the IKEA restaurant and cafe (which interestingly enough, implies that the restaurant and cafe has a different MCC from the rest of IKEA and can finally put to bed that question of whether you should be using a dining card over there).

Some folks might be disappointed at the exclusion of the IKEA restaurant and cafe, but I see nothing stopping you from buying IKEA gift cards (which, when bought in store, will earn 12 mpd) and using them to purchase food and drink in the cafe. Gotta think outside the box, people.

Everything else bought in the physical IKEA stores at Tampines and Alexandra is fair game. The full T&C of the 12 mpd promotion can be found here. Nothing really to flag, just remember that it’s capped at S$1,000 of spending. If you have both the pink and blue versions, you have a cap of S$2,000 total.

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I’ve checked with the OCBC team, and although you can use your Titanium Rewards card with mobile payments to pay at IKEA and earn the 12 mpd, you cannot stack this with the current 10X promotion for mobile payments . In other words, no 12 mpd + 4 mpd, just 12 mpd maximum.

In addition to the 12 mpd there’s also a S$10 IKEA gift card up for grabs for the first 2,088 people who spend a minimum of S$150 in a single receipt.

The OCBC Titanium Rewards card is my to-go card for all general spending right now, thanks to the wide acceptance of mobile payments and the ability to earn 4 mpd on what would normally have earned me 1.2-1.4 mpd on a general spending card. Remember- the 4 mpd on mobile payments promotion lasts till 31 Dec 2018 (will it be extended? We can hope) so it’s not too late to apply for a card now.

Min Income
Annual Fee

$30,000

$192.60 (First 2 Years Free)

OCBC Titanium Rewards

Earn 6 mpd on Mileslife, and 4 mpd for online and offline shopping for bags, clothes, shoes, and electronics.
  • Until 31 December 2018, earn a bonus 6 mpd on Mileslife, capped at your first $1,000 spend
  • 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 $12,000 of spend per card membership year. But apply for both the Blue and Pink version of the card and double that cap to $24,000 (96,000 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
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Naro
Guest

Hi Aaron,

The MCCs for Ikea cafe and restaurant are both indeed under dining category. I received 8% cash rebate for Citibank Cashback credit card under the ‘Dining’ category.

Cheers,
Naro

Matthew Chong
Member

Oooh that’s good to know. Thanks for the data point Naro!

Tim
Guest
Tim

Can confirm as well. I used my Amex AU card there once, Amex’s portal allows me to check the merchant classification on their online portal

Naro
Guest

Wow. Didnt know AMEX shows that!!!

rtw
Guest
rtw

Of course subject to a max of 120,000 OCBC$ per card anniversary right?

Jonathan+Lim
Guest
Jonathan+Lim

No. the 12 miles per dollar awarded for this promotion does not count toward the 120,000 OCBC$ per card anniversary

rtw
Guest
rtw

Good to know that thanks!!

WB
Guest
WB

Does it mean that even though I’ve nothing to buy at the moment, I should just buy a gift card up for $1000 to earn the miles 1st? Then spend it slowly…

lifeonthego_k
Guest
lifeonthego_k

I guess that would make sense. But how long is credit in a gift card valid for?

rtw
Guest
rtw

Just bought $1000 worth of gift cards earlier today at Ikea Tampines! Eligible for the $10 gift card, redeemed at the OCBC kiosk!

invisible
Guest
invisible

How long gift cards are valid for?

rtw
Guest
rtw

If you use it, the gift card doesn’t expire. But if the card is inactive for 2 years, it will expire.

WB
Guest
WB

I checked with 2 staffs separately. It’s only valid for 2 yrs, no matter what.

Vk
Guest
Vk

Arrghhhhh just spent on Ikea without realising this ;( thanks anyway need to spend again…

Jon Lee
Member

For my family of 3: gravad lax ($6.50), 10 pc meatballs ($6), 6 pc wings ($8), nasi lemak ($4.50) and pork ribs ($11.90). $36.90 total. $1,000 giftcard can let me eat 27 times.

Vk
Guest
Vk

Wahlau…when will the gift card expires? You’ll need to eat @ Ikea every week liao 😉

WB
Guest
WB

Anybody knows if I buy gift card @ $150, can I get the bonus $10 gift card?

rtw
Guest
rtw

Yes you do.

WB
Guest
WB

Ya, got the bonus. however, limited to 1 per person.

trackback

[…] T&C of the promotion can be found here. OCBC has run 12 mpd promotions before, most memorably the one at IKEA. ZALORA’s appeal is probably more limited than IKEA’s, but hey, if you’re going […]