OCBC cards offering bonus miles on groceries, online shopping and FCY spend

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From now till 30 June, earn up to 2.5 mpd on grocery, online shopping and FCY spend- but you're still better off with other cards.

OCBC has launched a new tier-up promotion for the OCBC 90N, OCBC Premier Visa Infinite and OCBC VOYAGE cards, which allows cardholders to earn an incremental 0.2-0.24 mpd for spending at selected supermarkets and online shopping merchants, as well as all foreign currency transactions. 

However, you’d still be much better off spending on other 4 mpd cards, as we’ll see below. 

Tier-up offer: Earn up to 2.5 mpd with OCBC cards

From 25 May to 30 June 2021 (both dates inclusive), the following cardholders will earn bonus rewards points when they spend at qualifying merchants. 

Card Local FCY Spend Cap Eligible Cap
OCBC 90N 1.2
1.4
2.1
2.3
S$1K First 10K customers
OCBC Premier VI 1.28
1.52
2.24
2.4
S$2K N/A
OCBC VOYAGE 1.3
1.5
2.2
2.4
S$2K N/A
OCBC VOYAGE (Premier, PPC, BOS) 1.6
1.8
2.3
2.5
S$2K N/A

Qualifying merchants are defined as the following:

Category Eligible Merchants
🛒 Groceries
  • NTUC FairPrice*
  • RedMart
  • Cold Storage
🖥️ Online Shopping
💶 Foreign Currency
  • Any transaction not processed in SGD
*Includes FairPrice Xtra, FairPrice Finest, FairPrice Online, but excludes FairPrice Xpress

Registration is not required, but do note there’s a cap of 10,000 cardholders for the OCBC 90N. 

OCBC determines the first 10,000 based on the timestamp of your first eligible transaction. So my recommendation would be to “lock in” your place by making a S$5 spend at any of the eligible merchants ASAP (S$5 because OCBC requires a minimum spend of S$5 to earn points). The remaining S$995 can then be spent any time up to 30 June 2021. 

The base points/miles will post along with the transaction as per normal, and the bonus component will be awarded will be awarded within two calendar months after the promotion has ended, i.e by 31 August 2021. For example, if you spend in local currency with the OCBC 90N Card, you’ll receive 1.2 Travel$ at first, then a further 0.2 Travel$ by 31 August 2021. 

The relevant T&Cs have been compiled below:

Is it worth it?

While this may be a good promotion for those dead set on using one card for everything, those willing to diversify a bit will find much richer rewards with other cards. 

For groceries, the HSBC Revolution offers the most fuss-free way of earning 4 mpd, although you can use several UOB cards too if you avoid SMART$ merchants like Cold Storage, Giant and Jasons. 

🛒 Best Cards for Groceries
Card Earn Rate Remarks

HSBC Revolution
Apply

4.0 mpd
Max S$1K per c. month, must use contactless
Review

UOB Pref. Plat Visa
Apply

4.0 mpd*
Max S$1,110 per c. month, must use mobile payments
Review

UOB Visa Signature 
Apply

4.0 mpd*

Min S$1K Max S$2K on contactless/ petrol per s. month
UOB Lady’s Card
Apply
4.0 mpd* Max S$1K per c. month. Must choose family as 10X category.
Review
UOB Lady’s Solitaire
Apply
4.0 mpd* Max S$3K per c. month. Must choose family as 10X category.
Review
C. Month= Calendar Month, S. Month= Statement Month
*Except Cold Storage, Giant and Jasons

For online shopping, it’s simpler to just charge things to your Citi Rewards or DBS Woman’s World Card, both of which will earn you 4 mpd. 

🖥️ Best Cards for Online Shopping
Card Earn Rate Remarks

Citi Rewards
Apply

4.0 mpd Max S$1K per s. month, excludes travel
Review

DBS Woman’s World Card
Apply

4.0 mpd Max S$2K per c. month
Review
C. Month= Calendar Month, S. Month= Statement Month

Since I can’t imagine many people are traveling overseas right now, the aforementioned cards will also work if you’re making transactions in foreign currency online. But just for completeness’ sake, here’s the best cards to use for in-person foreign currency transactions.

💶 Best Cards for Overseas Spend
Card Earn Rate Remarks

SCB Rewards+
Apply

4.0 mpd Max S$2.2K FCY per m. year. Must have SCB X Card or SCB Visa Infinite, otherwise 2.9 mpd

UOB Visa Signature 
Apply

4.0 mpd

Min S$1K Max S$2K on FCY per s. month
S. Month= Statement Month | M. Year= Membership Year

Conclusion

Tier-up offers are always welcome, but I can’t see this being of much use to dedicated miles collectors given the abundance of higher-earning alternatives elsewhere. There’s nothing here that would compel me to switch away from my existing card strategy, although I imagine “one carders” will be quite pleased. 

Aaron Wong
Aaron founded The Milelion to help people travel better for less and impress chiobu. He was 50% successful.

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Fees

I have a negative travel$ balance on my 90N – been waiting for a 4mpd promo to try and clear them so OCBC doesn’t charge me 2-3 cents per owed travel$ when I cancel it. Doesn’t seem like it’s ever going to earn 4mpd again.

cheesecake

When I first got the SMS that introduced this promo, my first reaction was – why does the bank even bother? My N90 remains firmly entrenched in my drawer, just waiting to be cancelled at the next anniversary.

drawar

Additional 0.2mpd capped at $1000 spend means only 200 miles in total. What a complete and utter joke!

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