OCBC will be updating the T&C for the OCBC VOYAGE card effective 1 October 2019.
Here’s the existing T&Cs, and the revised set. I’ve done a comparison of the two, and apart from some formatting edits and clarifications, the main changes relate to the exclusions for points earning.
No more points for insurance payments
In the old version of the T&Cs, payments to Great Eastern General insurance and NTUC Income were excluded from earning points. It followed that all other insurance payments were kosher.
In the new version, OCBC has excluded the entire MCC range for insurance- 5960 and 6300 are now completely out.
This means that if you’re looking to pay insurance bills with credit cards, your options are:
- HSBC Revolution- 2.0 mpd, if paid online
- BOC Elite Miles World Mastercard- 1.5 mpd
- AMEX KrisFlyer Ascend- 1.2 mpd (if you can find an insurer who accepts AMEX)
- AMEX KrisFlyer Credit Card- 1.1 mpd (ditto)
- CardUp- buy miles from 1.2 to 1.6 cents each with the current promotion, depending on card
- Citi PayAll- buy miles from 1.25 to 1.67 cents each, depending on card
- SC EasyBill- buy miles from 1.43 to 2 cents each, depending on card
No more points for gambling transactions
This one surprised me, because I assumed all along that all banks excluded gambling transactions. Come to think of it, the only instance I know where credit cards can be used to pay for gambling is at the casino levy kiosks at RWS.
Whatever the case, the OCBC VOYAGE will no longer award points on such transactions from 1 October, so you’ll have to roll the dice with another card.
The only other change I found interesting was the addition to Term 2.2 regarding complimentary airport transfers. The new wording requires the cardholder to be present for each service- something I thought was already the case but I suppose they needed to spell out in black and white.
Apart from that, the OCBC VOYAGE’s miles earning rates, airport transfer and lounge benefits remain unchanged (remember that the lounge guest benefit lapsed on 15 August). Although the T&C refer to a 2.3 mpd FCY earn rate, do note that the VOYAGE 2.4 mpd FX promotion is still in effect till 31 Dec 2019.
It’s increasingly hard to earn miles “for free” when paying insurance premiums, so it may only be a matter of time before customers have to bite the bullet and pay an admin fee for the privilege of doing so.