After a very quiet 2024, OCBC has now launched a new set of welcome offers for credit card applications through SingSaver.
The good news is that the qualification criteria is extremely simple. No minimum spend is required; all you need to do is make at least one transaction of any amount within 30 days of approval.
The bad news is that the fulfillment timeline for this offer is unusually long. It will take up to six months for gifts to be fulfilled, and while one hopes it’s a case of underpromising and overdelivering, you need to be prepared to wait.
OCBC x SingSaver welcome offers
The following welcome offers are available for applications submitted between 24 January to 10 February 2025 (with approval by 10 March 2025) by new-to-bank customers, defined as those who:
- Do not currently hold a principal OCBC credit card, and
- Have not cancelled a principal OCBC credit card in the past 12 months
Card | Min. Income |
Annual Fee |
Apply |
S$30K |
S$196.20 |
Apply |
S$30K | S$196.20 (First Year Free) |
Apply |
S$30K |
S$196.20 |
Apply |
S$30K |
S$196.20 |
Apply |
S$30K |
S$196.20 |
Cardholders who make at least one transaction of any amount within 30 days of approval can choose one of the following gifts:
- 4x Apple AirTags
- Stryv Colour hairdryer
- S$120 Lazada voucher
- S$100 cash
Application steps
Unlike the application process for most SingSaver offers, OCBC has some special requirements.
Be sure to follow the steps below to receive your gift:
- Apply via the links in this article
- Complete your application and submit the SingSaver Reward Form that is sent to your email
- Make at least one qualifying transaction of any amount within 30 days of approval
- Receive a redemption code from OCBC via SMS within four calendar months of meeting the criteria
- Look out for a second SingSaver Rewards Validation Form email that will be sent to you about 1-2 days after the SMS has been sent, then enter this code
Gift fulfilment
It will take four calendar months for OCBC to send the redemption code, after which a further eight weeks are required for SingSaver to fulfill the gift. Do not apply if you’re not willing to wait!
Any enquiries about gift fulfilment should be sent to info@singsaver.com.sg.
Terms & Conditions
The T&Cs of this offer can be found here.
Which card should you get?
If you don’t already have an OCBC card, I’d highly recommend starting with the OCBC Rewards Card.
Apply | |||
Income Req. | S$30,000 p.a. | Points Validity | 2 years |
Annual Fee | S$196.20 (2 Years Free) |
Min. Transfer (KF) |
25,000 OCBC$ (10,000 miles) |
FCY Fee | 3.25% | Transfer Fee | S$25 |
Local Earn | 0.4 mpd | Points Pool? | Yes |
FCY Earn | 0.4 mpd | Lounge Access? | No |
Special Earn | 4 mpd on online and offline shopping | Airport Limo? | No |
Cardholder Terms and Conditions |
Cardholders can earn 4 mpd on selected online and offline shopping, capped at S$1,110 per calendar month.
๐ณ OCBC Rewards Bonus Whitelist | |
MCC | Examples (non-exhaustive) |
MCC 5309 Duty-Free Shops |
Lotte Duty Free, King Power Duty Free, The Shilla Duty Free |
MCC 5311 Departmental Stores |
Takashimaya, TANGS, Isetan, OG, Metro, BHG, Marks & Spencer |
MCC 5611 Men’s and Boys’ Clothing and Accessories Stores |
Benjamin Barker, Timberland, Edit Suits, Berluti |
MCC 5621 Women’s Ready to Wear Stores |
Zara, H&M, Mothercare |
MCC 5631 Womenโs Accessory and Speciality Stores |
Tory Burch, Love Bonito, Pandora |
MCC 5641 Childrenโs and Infantsโ Wear Stores |
Kiddy Palace, Mummys Market, Pupsik, Motherswork |
MCC 5651 Family Clothing Stores |
Uniqlo, ASOS, Club 21, Burberry, Yoox |
MCC 5655 Sports and Riding Apparel |
Nike, Lululemon, Adidas |
MCC 5661 Shoe Stores |
Skechers, Charles & Keith, Bata, Foot Locker, Pazzion |
MCC 5691 Menโs and Womenโs Clothing Stores |
Ezbuy, Zalora, Fartech |
MCC 5699 Miscellaneous Apparel and Accessory Shops |
Qoo10, Cotton On, Reebonz |
MCC 5941 Sporting Goods Stores |
Decathlon, Fila, New Balance |
MCC 5948 Luggage or Leather Goods Stores |
Louis Vuitton, Coach, Rimowa |
๐ Specified Merchants | |
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^Amazon and Mustafa Centre transactions under MCC 5411 are not eligible to earn any OCBC$ *Shopee Pay transactions under MCC 5262 are not eligible to earn any OCBC$ |
That’s not all- from now till 30 June 2025, cardholders will earn 6 mpd on up to S$1,000 per calendar month spent at Watsons and MCC 5311 Department Stores.
๐ 700 Max Miles joining bonus |
Sign up for a Heymax account and get up to 700 Max Miles as a welcome bonus after adding a card, purchasing a voucher and viewing the redemption page |
700 bonus Max Miles |
This happens to be the same MCC that Heymax uses, so you can buy vouchers for numerous online and offline merchants, including:
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All these would normally code under a wide range of MCCs if you were to make payment directly with the merchant, but if you’re buying vouchers via Heymax, everything defaults to MCC 5311. In other words, you could use the OCBC Rewards Card to earn 6 mpd on your groceries, food delivery, shopping, and anything else that Heymax sells a gift card for!
To further sweeten the deal, Heymax also awards Max Miles based on the value of your purchase, which can be redeemed for more than two dozen airline and hotel partners.
For a full review of this card, refer to the post below.
Conclusion
It’s been a long time since we’ve seen any OCBC credit card welcome offers, but SingSaver is now offering S$100 cash or other gifts for new-to-bank customers.
All you need to do is make a single transaction, but do note that gift fulfilment will take up to six months. If that’s something which will make you lose sleep, you might want to pass on this offer and wait for OCBC to offer one of their own, which will likely be fulfilled faster.
Otherwise, this would be a good opportunity to get yourself an OCBC Rewards Card and start earning an easy 6 mpd through Heymax.