From now till 16 August 2018, the OCBC Titanium Rewards card is offering 12 mpd (30 OCBC$) on purchases made at ZALORA, capped at a maximum of S$1,000. OCBC cardholders can also use the promo code: SHOPOCBC20 to get 20% off with a minimum of S$120 spent, valid until 30 Sept 2018.
The 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 to buy something…
A quick search on Carousell shows ZALORA gift cards going at 10% off, so assuming you could find a buyer for S$1,000 worth of cards, you’d be paying S$100 for 12,000 miles. That’s quite a decent rate, but obviously you run the risk of ending up with gift cards you have little use for (and also buyers offering you $2 with the request for “fast deal bro”).
As you all know, OCBC will end its 4 mpd promotion on mobile payments by 4 August, but if they keep running promotions like this there may be some value in keeping the card.
$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