Are you looking for a credit card that rewards you for your everyday spending? Look no further than the OCBC Titanium Rewards Card. With this card, you can earn up to 4 miles per dollar spent on online and offline shopping, both locally and overseas. Plus, you can enjoy additional perks like discounts at participating merchants and exclusive access to airport lounges.
If you’re interested in earning rewards with the OCBC Titanium Rewards Card, it’s important to understand how the program works. You’ll earn 4 miles per dollar spent on eligible transactions, up to a maximum of 10,000 bonus miles per calendar month. These miles can be redeemed for a variety of rewards, including flights, hotel stays, and gift vouchers. Plus, you can earn bonus miles when you sign up for the card or refer a friend.
So what are you waiting for? Start earning rewards with the OCBC Titanium Rewards Card today. With its generous rewards program and exclusive perks, it’s the perfect card for anyone who loves to shop and travel.
Key Takeaways
- The OCBC Titanium Rewards Card offers up to 4 miles per dollar spent on eligible transactions, both locally and overseas.
- Cardholders can earn bonus miles when signing up for the card or referring a friend.
- Miles can be redeemed for a variety of rewards, including flights, hotel stays, and gift vouchers.
OCBC Titanium Rewards Card Overview
If you’re looking for a credit card that rewards you for your shopping, the OCBC Titanium Rewards Card might be just what you need. Here’s what you need to know about this rewards card.
Key Features and Benefits
The OCBC Titanium Rewards Card is designed to reward you for your shopping, whether you’re shopping online or in-store. Here are some of the key features and benefits of this card:
- Earn 5 OCBC$ for every S$5 spent in Singapore Dollars
- Earn 5 OCBC$ for every S$5 spent in foreign currency
- 1 OCBC$ is worth 0.4 airline miles
- Enjoy 10 times the usual OCBC$ for every S$1 spent at selected merchants
- Get up to 120,000 bonus OCBC$ a year
With the OCBC Titanium Rewards Card, you can earn OCBC$ for every dollar you spend, which you can then redeem for cash rebates, air miles, vouchers, products or experiences. You can also enjoy exclusive discounts and privileges at selected merchants.
Eligibility and Annual Fee
To be eligible for the OCBC Titanium Rewards Card, you must be a Singaporean or Permanent Resident aged 21 years and above, and have a minimum annual income of S$30,000. The annual fee for the card is S$192.60, but it is waived for the first two years if you meet the minimum spend requirement.
Overall, the OCBC Titanium Rewards Card is a great option for those who love to shop, whether it’s online or in-store. With its generous rewards program and exclusive discounts and privileges, this card can help you save money and earn rewards on your shopping.
Earning Rewards
If you are looking to earn miles quickly, the OCBC Titanium Rewards Card can help you do just that. Here are some tips to help you maximise your mile accumulation.
Understanding MPD and OCBC$
MPD stands for miles per dollar, which is the number of miles you earn for every dollar spent. OCBC$ is the rewards currency used by the OCBC Titanium Rewards Card. One OCBC$ is worth 0.4 miles, which means that the earn rate for the OCBC Titanium Rewards Card is 0.4 mpd for both local and foreign currency spending.
Maximising Mile Accumulation
To maximise your mile accumulation, you should aim to spend in blocks of S$5. For every S$5 spent in Singapore Dollars, you can earn 5 OCBC$. Similarly, for every S$5 spent in foreign currency, you can earn 5 OCBC$. However, do note that all transactions in foreign currency will attract an FCY fee of 3.25%.
Bonus OCBC$ Categories
OCBC Titanium Rewards Card offers bonus OCBC$ categories, which allow you to earn more rewards for spending in specific categories. For example, from now till 31 March 2024, the OCBC Rewards Card is offering an upsized 6 mpd on TANGS and SHEIN. This is capped at S$1,000 per calendar month.
To summarise, if you want to maximise your mile accumulation with the OCBC Titanium Rewards Card, you should aim to spend in blocks of S$5 and take advantage of bonus OCBC$ categories. With the right strategy, you can quickly earn miles and redeem them for exciting travel rewards.
Redeeming Rewards
Once you have accumulated enough points on your OCBC Titanium Rewards Card, it’s time to redeem them for rewards. The process is easy and straightforward, and there are several options available to you.
Transfer Partners and Fees
One of the most popular ways to redeem your points is by transferring them to partner airline and hotel loyalty programmes. OCBC has nine airline and hotel partners, including KrisFlyer, Asia Miles, and Hilton Honors. The conversion rate is 25,000 OCBC$ to 10,000 KrisFlyer Miles.
It’s important to note that there is a transfer fee of $26.75 per transfer, which may be a drawback for some users. Additionally, points are only valid for two years from the date they are earned, so be sure to use them before they expire.
Vouchers and Experiences
If you prefer to use your points for non-travel-related rewards, you can choose from a variety of vouchers and experiences. OCBC offers vouchers for popular retailers like Lazada, Zalora, and Takashimaya, as well as dining vouchers for restaurants like Crystal Jade and Paradise Group.
For those who prefer experiences, there are options like spa treatments, golf lessons, and even hot air balloon rides. Keep in mind that the redemption value for vouchers and experiences may vary, so be sure to compare the value of each option before making your choice.
Overall, the OCBC Titanium Rewards Card offers a wide range of redemption options for users. Whether you prefer to transfer your points to airline and hotel loyalty programmes or redeem them for vouchers and experiences, there is something for everyone. Just be sure to keep track of your points’ validity and factor in any transfer fees before making your redemption choice.
Comparative Analysis
OCBC Titanium vs Other Rewards Cards
When it comes to rewards cards, there are several options in the Singaporean market. The OCBC Titanium Rewards Card is a great option for those looking to earn miles on their shopping transactions. However, it is important to compare it with other rewards cards to see how it stacks up.
One popular option is the Citi Rewards Card. It offers 10X rewards points for every S$1 spent on shoes, bags, and clothes at department stores, online shopping websites, and retail outlets. This is quite similar to the OCBC Titanium Rewards Card, which offers 4 miles per S$1 spent on select shopping transactions. However, the Citi Rewards Card has a wider range of eligible merchants, making it a more versatile option.
Another option is the HSBC Revolution Card, which offers 1.2 miles per S$1 spent on local dining and entertainment. While this is not as high as the OCBC Titanium Rewards Card’s 4 miles per S$1 spent on select shopping transactions, it is still a great option for those who spend more on dining and entertainment than on shopping.
The Milelion’s Verdict
The Milelion is a popular Singaporean blog that provides reviews and analysis of various rewards cards. According to their review of the OCBC Titanium Rewards Card, it is a great option for those looking to earn miles on their shopping transactions. The card offers competitive rewards rates and valuable benefits tailored for shoppers. However, the recent changes made to the card have made it less attractive for some users.
Overall, if you are looking to earn miles on your shopping transactions, the OCBC Titanium Rewards Card is a great option. However, it is important to compare it with other rewards cards to see which one best suits your needs.
Shopping with OCBC Titanium
If you’re looking for a credit card that rewards you for your shopping, the OCBC Titanium Rewards Card is a great option. With its online and offline shopping perks, you can earn rewards points for every dollar you spend at eligible merchants.
Online and Offline Shopping Perks
With the OCBC Titanium Rewards Card, you can earn 4 miles per dollar spent on online and offline shopping at eligible merchants. This is capped at 10,000 bonus OCBC$ per calendar month, or $1,110 per calendar month. The earn rate is further stackable with the ongoing acquisition gifts, such as Apple AirPods Pro 2 and $280 eCapitaVouchers.
Merchant Category Codes (MCC)
The OCBC Titanium Rewards Card defines shopping as purchases made at any merchant with the following MCCs:
- Departmental stores (MCC 5311)
- Electronics stores (MCC 5732)
There are also specified merchants that are eligible for the earn rate, such as Amazon and Lazada. To find out if your favourite merchant is eligible, simply check the MCC code or refer to the list of eligible merchants on the OCBC website.
MCC Examples
If you’re wondering what types of purchases fall under the eligible MCCs, here are a few examples:
- Departmental stores: Marks & Spencer, Robinsons, John Lewis
- Electronics stores: Harvey Norman, Best Denki, Courts
By shopping at these eligible merchants, you can earn rewards points that can be redeemed for a variety of rewards, including vouchers, air miles and more.
So, whether you’re shopping online or offline, the OCBC Titanium Rewards Card is a great option for earning rewards points on your purchases. With its earn rate, you can earn rewards points quickly and easily, giving you more value for your shopping.
Frequently Asked Questions
How can I redeem my OCBC Titanium Rewards points for KrisFlyer miles?
Redeeming your OCBC Titanium Rewards points for KrisFlyer miles is easy. Simply log in to your OCBC online banking account, click on the “Rewards” tab, and select “KrisFlyer Miles” as your redemption option. You can also call the OCBC customer service hotline to redeem your points for KrisFlyer miles. The conversion rate is 1 OCBC$ for 1 KrisFlyer mile, and there is a minimum redemption amount of 5,000 KrisFlyer miles.
What are the latest perks of the OCBC Titanium Rewards Card?
The OCBC Titanium Rewards Card offers a range of exciting perks, including 10 times OCBC$ (equivalent to 4 air miles or 2.78% cash rebate) for every S$1 spent at selected shopping merchants. You can earn up to 120,000 bonus OCBC$ a year, now capped at 10,000 bonus OCBC$ a month. In addition, newly-issued OCBC Rewards Cards are made from Poly Lactic Acid (PLA), a bio-sourced material made from corn.
Is there a difference between the OCBC Titanium Rewards Blue and Pink cards?
No, there is no difference between the OCBC Titanium Rewards Blue and Pink cards in terms of rewards and benefits. The only difference is the card design, with the Blue card being more suitable for males and the Pink card for females.
Do the OCBC Titanium Rewards points have an expiry date?
Yes, OCBC Titanium Rewards points have an expiry date of 2 years from the date of accumulation. It is important to keep track of your points and redeem them before they expire.
What should I know about the OCBC Titanium Rewards Card’s terms and conditions?
Before applying for the OCBC Titanium Rewards Card, it is important to read and understand the terms and conditions. Some important points to note include the annual fee of S$192.60 (inclusive of GST), the minimum income requirement of S$30,000 per annum, and the interest rate of 26.88% p.a. for unpaid balances.
How can I check the status of my OCBC Titanium Rewards Credit Card application in Singapore?
To check the status of your OCBC Titanium Rewards Credit Card application in Singapore, you can log in to your OCBC online banking account and click on the “Credit Cards” tab. Alternatively, you can call the OCBC customer service hotline to check the status of your application.