What is excluded from the computation of the minimum S$800 monthly spend on the OCBC 365 Credit Card?

I would like for someone here to explain what transactions are excluded from the computation of the minimum S$800 monthly spend on the OCBC 365 Credit Card and furthermore what the difference between transaction date and posting date is?

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    The following are excluded from the computation of the minimum S$800 monthly spend on the OCBC 365 Credit Card - Annual card fees, Cash-On-Instalments, Instalment Payment Plan, PayLite, tax payments, interest, late payment charges, cash advances, balance transfers, bill payments made via Internet Banking, AXS or SAM network, and other fees and charges. As for your second question, the transaction date refers to the date when a purchase is made while the posting date refers to the date the transaction is received by the card issuer which is OCBC Bank. As merchants may make a settlement a few days after the transaction has been made, posting date may be a few days later than the transaction date. As such, the bank has no control over when merchant records the transaction. The cashback computation is based on the transactions posted within the calendar month.

    2019.08.01 5:45

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