OCBC has just launched a new promotion which runs from 15 April to 31 May 2020. This is a great chance to rack up some bonus miles on all the transactions you’ll doubtlessly be doing during the Circuit Breaker period.
How it works
From 15 April to 31 May 2020, OCBC Titanium Rewards cardholders will earn 20X OCBC$ (8 mpd) on the first S$500 spent at:
- Amazon
- Deliveroo
- Foodpanda
- Guardian
- Lazada (includes RedMart purchases)
- Netflix
- NTUC FairPrice (excluding FairPrice Xpress)
- Qoo10
- Shopee
- Watsons
For the avoidance of doubt, there’s no need for the NTUC/Watsons/Guardian transactions to be made online. These can be done at the physical stores as well (just be sure to wear a mask when you go out) |
Registration is required, and capped at the first 5,000 customers. A maximum of one registration per customer is permitted – that is, if you have both the Blue and Pink versions of the card, you can only register one.
PSA: As per the T&C, you need to register within the promo period, i.e from 0001 hours on 15 April. If you registered before that, do another registration within the promo period to be safe |
Do note that the cap of S$500 is a combined cap across all merchants, and the bonus points will be awarded by 30 June 2020. Any spending beyond S$500 will earn the usual earn rate, i.e 0.4 mpd or 4 mpd, depending on the merchant.
Also, if you’ve exhausted the annual S$12,000 cap on 10X points, you’ll only earn a total of 4 mpd on Lazada/Shopee/Qoo10/Amazon through this promotion.
Earn rates beyond first S$500 spend |
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0.4 mpd | 4 mpd |
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The full T&C of this offer can be found here.
Conclusion
Although the cap is on the low side, it’s nonetheless a great opportunity and you should get your card registered ASAP. Fortunately, the website will tell you when the registration limit is hit, so this isn’t one of those promotions where you spend and hope for the best.
Does NTUC voucher qualify?
i see no reason why it shouldn’t.
Is the additional reward OCBC$ from this promotion also counted as part of the 123,000 OCBC$ annual cap?
Good question Yedi, anyone know the answer? Do the bonus reward points from this promo count towards the annual limit?
Thanks. Your posts are invaluable. You post about so such offers many days before the bank officially emails me the offer. Not just OCBC but others like Citibank too.
thanks for your support- glad you find it useful!
How to know whether you are among the first 5000…
Another UOB style promo?
someone didn’t bother reading the article all the way to the end…
I did read, more than once. There is no limit reached or whatever mentioned.
if registration cap is hit, you’ll not be able to register anymore. so you’ll know before you spend.
No disrespect. It does not look like the form is designed like that. The card number is not validated and probably not checked whether registered already. So someone can register the same number many times, which takes many slots? Or someone registers a wrong number and tries again with a correct number or a different phone number. Does it take more slots?
“ if registration cap is hit, you’ll not be able to register anymore.” is this mentioned anywhere in the form or the TnC, I have read it many times, could not figure out how this is told.
I just saw this promotion today. Tried to register and “successful” and get the reference number. So does it mean I am qualify for the promo?
1) will supp cards be entitled to the same offer? as in…. principal card ($500 cap) + supp card ($500 cap). So a total cap of $1000.
2) if the above is not allowed, and one account (principal + supp) shares the $500 cap, must the supp card be registered in order to qualify?
the cap is combined, i.e $500 per card account.
re: supp card spend, from what I understand you need to register your supp card as well if you want to use it alongside the principal card to hit $500, but you don’t get a separate cap for that.
wow… i just got off the call with OCBC. they said separate cap. So i get $500 cap for the principal, and another $500 cap for the supp. so my combined cap is $1000. Shiokness. The phone operator could not answer my question initially, so she contacted the product team, called me back and told me this. (i got her to check again coz i could believe my ears too, and she called back and confirmed it) U wanna update your article to include this piece of info for the benefit of other readers. Maybe u wanna triple confirm it… Read more »
oh and both principal and supp must be registered.
hi aaron. i know u already said that u believe the $500 cap applies to both principal and supp card, combined. but i’ve been told otherwise (ie separate $500 caps for supp and principal) by the phone operator (which sounds super weird… so i’m not sure if i can trust what she said). do u mind trying to double confirm this with your contact in OCBC? just to clear any doubts? pls? i’m sure many readers will be looking to max this opportunity out. thanks in advance
the cap is per card account. confirmed with product manager. principal and supp share the same cap. cso is mistaken.
thanks aaron!
Hi Aaron, can I ask a side question, for this OCBC Titanium Rewards card, in order to get annual fee waiver in 3rd year onwards, I will need to charge at least $10,000 to the card from the start of 3rd membership year? Or spend $10,000 in 2nd membership year to get auto-waive annual fee for 3rd years?
Spend $10k from the start of 2nd year to the end of 2nd year to qualify for the waiver in the 3rd year that will be charged at the beginning of the 3rd year.