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Questions & Answers about OCBC 365 Credit Card 2024

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OCBC 365 Credit Card gives you an offer to an earn cashback 7 days a week, 365 days a year, everywhere. OCBC 365 Credit Card is one of the best everyday cashback cards on the market for average shoppers spending about S$2,000/month.

Credit Card
Rewards
3.0
Customer Service
4.0
Convenience
4.0
Trust
5.0

Oversea-Chinese Banking Corporation

Oversea-Chinese Banking Corporation, Limited (OCBC), is consistently ranked amongst the World's Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker, was formed in 1932 by the merger of three local banks, oldest of which was founded in 1912. It is one of the highest-ranked banks as it is the second-largest financial services group in Southeast Asia by assets and is recognized for its financial strength and stability. OCBC Bank and its subsidiaries are widely acclaimed all throughout Singapore, Malaysia, Indonesia, and Greater China. It has more than 560 branches and representative offices in 19 countries and regions. OCBC Bank and its subsidiaries offer a comprehensive range of specialist financial and wealth management services and are listed on the SGT-ST as one of the largest listed companies in Singapore by market capitalization. It is also one of the largest listed banks in Southeast Asia by market capitalization and has more than 29,000 employees globally.

Any tip or hack to save while earning the $80 cashback rebate on my OCBC 365 Card?

Unfortunately if you are only spending $800/month on the OCBC365 card it is not possible at all to hit the cashback cap of $80 which is a 10% cashback since the OCBC365 rebate categories only give 3-6% cashback. You should think of the $80 as the upper limit on what OCBC will give, which is really only relevant if you spend much more than 800/month on the card. I hope that helps out?

OCBC 365 Credit Card

How do I get to know if I have fully utilized the OCBC 365 credit card for cashback? Any tip or hack to save while earning the $80 cashback rebate?

Just curious to know if I have fully utilized the OCBC 365 credit card for cashback? And would there be any tip or hack to save while earning the cashback rebate?

OCBC 365 Credit Card

Can someone enlighten me on how I can get to know if I have fully utilized the OCBC 365 credit card for cashback?

My friend if you are only spending $800/month on the OCBC365 card then unfortunately you may not be able to hit the cashback cap of $80 (which is a 10% cashback in the actual sense) since the OCBC365 rebate categories only give 3-6% cashback. You should however consider the $80 as the upper limit on what OCBC will give you, which is really only applicable if you spend much more than 800/month on the card. Finally, the 0.3% bonus interest rate on OCBC360 account is not considered part of the $80 cashback. Unfortunately again. All the best my friend.

OCBC 365 Credit Card

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

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.

OCBC 365 Credit Card