Are you looking for a credit card that rewards you for your everyday spending? Look no further than the OCBC 365 Credit Card. With this card, you can earn cashback on petrol, dining, groceries, public transport, ride-hailing, pharmacy, streaming, and EV charging. Plus, you can enjoy up to 22.92% fuel savings at Caltex.
Understanding how to maximise your earnings with the OCBC 365 Credit Card is key to getting the most out of this cashback card. With 6% cashback on petrol, 5% cashback on dining and food delivery, and 3% cashback on groceries, public transport, ride-hailing, pharmacy, streaming, and EV charging, you can earn up to S$160 cashback per month. However, to qualify for this cashback, you need to spend a minimum of S$800 or S$1,600 per month, depending on the tier you qualify for.
The OCBC 365 Credit Card comes with a host of benefits that make it an attractive choice for everyday spending. Not only can you earn cashback on a wide range of categories, but you can also enjoy discounts on travel, entertainment, and shopping. Plus, the annual fee is waived for the first two years, making it a great value for anyone looking for a cashback card.
Key Takeaways
- The OCBC 365 Credit Card rewards you for your everyday spending with cashback on petrol, dining, groceries, public transport, ride-hailing, pharmacy, streaming, and EV charging.
- To maximise your earnings with this card, you need to spend a minimum of S$800 or S$1,600 per month, depending on the tier you qualify for.
- The OCBC 365 Credit Card comes with a host of benefits, including discounts on travel, entertainment, and shopping, and the annual fee is waived for the first two years.
Understanding 365 Cashback
If you’re looking for a credit card that offers cashback rewards, then the OCBC 365 Credit Card is worth considering. This card is one of the most comprehensive cashback credit cards in Singapore. In this section, we’ll help you understand the basics of cashback and how the OCBC 365 Credit Card fits into Singapore’s landscape.
The Basics of Cashback
Cashback rewards are a type of credit card reward that gives you a percentage of your spending back in the form of cash. For example, if you spend $100 on your credit card and the cashback rate is 5%, you’ll get $5 back. Cashback rewards can be a great way to save money on everyday spending.
365 Cashback in Singapore’s Landscape
The OCBC 365 Credit Card offers up to 6% cashback on dining, online travel, groceries, telco bills and even petrol. This makes it a great all-round cashback credit card for anyone and everyone who spends on “the usual stuff”. You can earn up to $160 cashback when you spend a minimum of $1,600, or up to $80 cashback when you spend a minimum of $800.
The card also offers up to 22.92% of fuel savings at Caltex (18% instant discount + 6% cashback on all fuel spend). In addition, you can get $150 cashback when you spend a minimum of $350 within 30 days of card application approval.
Overall, the OCBC 365 Credit Card is a great option for those looking for a comprehensive cashback credit card in Singapore. With its generous cashback rates and savings on everyday spending, it’s definitely worth considering.
Maximising Your Earnings
If you want to get the most out of your OCBC 365 Credit Card, you need to be strategic about your spending. Here are a few tips to help you maximise your cashback earnings:
Strategic Spending for Maximum Cashback
One of the best ways to maximise your cashback earnings is to focus on the categories that offer the highest cashback rates. For example, you can earn up to 6% cashback on dining when you use your OCBC 365 Credit Card. So, if you eat out frequently, you can save a lot of money by using your card for these purchases.
Another way to maximise your earnings is to make sure you meet the minimum spend requirements. For example, you need to spend at least $800 per month to earn the full 6% cashback on dining. If you don’t meet this requirement, you’ll only earn 3% cashback on dining.
Leveraging Categories for Extra Savings
In addition to focusing on the categories that offer the highest cashback rates, you can also leverage categories to earn extra savings. For example, if you spend more than $600 on your OCBC 365 Credit Card in a month, you’ll earn an additional 3% cashback on your spending.
You can also take advantage of the different spend tiers to earn more cashback. For example, if you spend between $800 and $1,000 per month, you’ll earn 3% cashback on your dining, groceries, and recurring bills. If you spend more than $1,000 per month, you’ll earn 6% cashback on these categories.
By being strategic about your spending and leveraging the different categories and spend tiers, you can earn a significant amount of cashback with your OCBC 365 Credit Card. So, make sure you take advantage of these opportunities to get the most out of your card.
365 Cashback Card Benefits
If you’re looking for a credit card that offers cashback on your daily expenses, the OCBC 365 Card is definitely worth considering. Here are some of the benefits you can enjoy with this card.
Exclusive Merchant Offers
One of the best things about the OCBC 365 Card is the exclusive deals and promotions you can enjoy with various merchants. For example, you can get up to 22.92% fuel savings at Caltex, 5% cashback on dining and food delivery, 3% cashback on groceries, public transport, ride-hailing, pharmacy, streaming, and EV charging. These offers can help you save money on your everyday expenses and make your money go further.
Additional Perks and Privileges
In addition to the cashback offers, the OCBC 365 Card also comes with a range of other perks and privileges. For instance, you can enjoy complimentary travel insurance coverage of up to $500,000 when you charge your travel tickets to your card. You can also get discounts on car rentals, hotel bookings, and other travel-related expenses. Additionally, you can get a fee waiver for the first two years, and a fee waiver for subsequent years if you spend at least $10,000 per year on your card.
Overall, the OCBC 365 Card is a great option for those who want to earn cashback on their daily expenses while enjoying additional perks and privileges. With exclusive merchant offers, complimentary travel insurance, and fee waivers, this card is definitely worth considering if you’re looking for a credit card that can help you save money and make your money go further.
Everyday Spending with 365 Cashback
Are you tired of not getting any rewards for your everyday spending? Look no further than the OCBC 365 Credit Card. With this card, you can earn cashback on a variety of different purchases, including fuel, groceries, dining, and more.
Fuel and Transport Perks
If you’re someone who spends a lot of money on fuel, the OCBC 365 Credit Card is perfect for you. You can enjoy up to 22.92% fuel savings at Caltex and up to 20.2% at Esso. Plus, you can earn cashback on all fuel spend.
Groceries and Dining Rewards
The OCBC 365 Credit Card also rewards you for your grocery and dining purchases. You can earn up to 5% cashback on local and overseas dining, online food delivery services like Deliveroo and Foodpanda, and local, overseas, and online groceries like Redmart, FairPrice Online, and Honestbee.
Utility and Online Shopping Cashback
Not only does the OCBC 365 Credit Card reward you for your fuel, grocery, and dining purchases, but you can also earn cashback on your utility and online shopping bills. You can earn up to 3% cashback on local, overseas, and online groceries and 6% cashback on online travel bookings.
Overall, the OCBC 365 Credit Card is a great option for anyone looking to earn cashback on their everyday spending. With rewards for fuel, groceries, dining, utilities, and online shopping, you can earn cashback on almost everything you buy. So why not apply for the OCBC 365 Credit Card today and start earning rewards on your everyday purchases?
Eligibility and Application
Qualifying for the OCBC 365 Card
To be eligible for the OCBC 365 Card, you must be a Singaporean or Singapore PR above 21 years old with an annual income of at least $30,000. Foreigners above 21 years old with an annual income of at least $45,000 are also eligible.
The Application Process Explained
If you meet the eligibility criteria, you can apply for the OCBC 365 Card by filling out an online application form. You will need to provide personal information such as your name, NRIC or passport number, and contact details. You will also need to provide information about your employment status and annual income.
Once you have submitted your application, it will be processed by OCBC Bank. If your application is approved, you will receive your OCBC 365 Card within 7 working days. If your application is rejected, you will be notified of the reasons for the rejection.
It is important to note that meeting the eligibility criteria does not guarantee approval for the OCBC 365 Card. OCBC Bank will consider various factors when reviewing your application, including your credit score, credit history, and debt-to-income ratio.
In summary, if you meet the eligibility criteria and have a good credit score and credit history, you have a good chance of being approved for the OCBC 365 Card. The application process is straightforward and can be completed online.
Frequently Asked Questions
How can I maximise my cashback with the OCBC 365 Credit Card?
To maximise your cashback with the OCBC 365 Credit Card, you should use it for your everyday expenses such as petrol, dining, groceries, public transport, ride-hailing, pharmacy, streaming, and EV charging. These categories offer the highest cashback rates. Additionally, you should make sure to meet the minimum spending requirements to qualify for the cashback rewards.
What splendid perks come with the OCBC 365 Credit Card?
The OCBC 365 Credit Card comes with a range of perks such as up to 22.92% fuel savings at Caltex, discounts on dining and entertainment, and cashback on everyday spending. You also get access to exclusive deals and promotions throughout the year.
How do I gleefully check my accumulated OCBC 365 cashback rewards?
You can check your accumulated OCBC 365 cashback rewards by logging into your OCBC online banking account or by using the OCBC mobile app. Your cashback rewards will be reflected in your monthly statement.
What delightful promotions are currently available for OCBC 365 Credit Card holders?
There are always exciting promotions available for OCBC 365 Credit Card holders. You can check the OCBC website or mobile app for the latest promotions. Some of the current promotions include discounts on dining, shopping, and entertainment, as well as cashback rewards for meeting certain spending requirements.
Could you explain the cash rebate system for the OCBC 365 Credit Card, please?
The cash rebate system for the OCBC 365 Credit Card is simple. You earn cashback rewards on your everyday spending, with higher cashback rates for certain categories such as petrol, dining, and groceries. The cashback rewards are credited to your account monthly and can be used to offset your credit card bills or redeemed for other rewards.
What is the annual fee for the OCBC 365 Credit Card, and is it ever waived?
The annual fee for the OCBC 365 Credit Card is $192.60, but it is waived for the first two years. Additionally, you can get the annual fee waived for subsequent years by meeting certain spending requirements.