Subscription Modal Banner
Weekly newsletter subscription
Get SingSaver’s top tips and deals, plus an exclusive free guide to investing, sent straight to your inbox.

I agree to the terms and conditions and agree to receive relevant marketing content according to the privacy policy.

Success Tick Icon
Congratulations on successfully joining Singsaver Newsletter

OCBC 90°N Card Review: No Minimum Spend & Attractive Foreign Currency Spending Rates

Deborah Gan

Deborah Gan

Last updated 02 May, 2023

OCBC has pulled out all its stops for the OCBC 90°N Credit Card as it has increased the miles rate on local spending. Find out how else this miles card could serve your lifestyle needs, especially when it comes to travelling!

Best miles cards: UOB Lady’s Card | UOB Lady's Solitaire Card | HSBC Revolution | Citi Rewards | DBS Woman’s Card | DBS Woman’s World Card | UOB KrisFlyer Card | UOB PRVI Miles MasterCard | Citi PremierMiles Card | DBS Altitude Card

When it comes to rates, credit cards are always changing their terms and conditions without any prior notice. But thankfully, it’s good news this time! OCBC’s tweak in rates for their 90°N card is definitely great for us!

Offering higher rates for local currency, makes local spending a little more rewarding.

What stands out is their higher miles when it comes to foreign currency spending, at 2.1 miles per dollar (mpd), and up to 7 mpd for bookings made with Agoda.

Planning your next vacation soon? Read on to find out why this card should be your new must-have!

Table of contents:


What the OCBC 90°N Card can do for you

OCBC 90°N Card | Travel Benefits & More | No Expiry

OCBC 90°N Mastercard Welcome Gift: Receive a Samsonite Polygon Spinner 28" (worth S$640) when you make a min. spend of S$500 within 30 days of card approval. Valid till 30 June 2023. T&Cs apply.

Alternatively, get up to S$250 cashback when you make a min. spend of S$1,000 for 2 consecutive 30-day periods (total 60 days) after card approval. Valid till 30 June 2023. T&Cs apply.


OCBC 90°N card product summary:

    • Up to 7 mpd on bookings made with Agoda
    • 2.1 mpd on spendings in foreign currency
    • 1.3 mpd on spendings in local currency
    • No cap on miles earned
    • Income requirement: S$30,000 for Singaporeans and PRs, S$45,000 for foreigners
    • Annual fee: S$54 (waived for the first year)

How are miles earned and redeemed?

90°N Miles are earned in blocks of S$5 per transaction.

This means that person A who spent S$14.90 compared to person B who spent S$10 would have earned the same amount as 13 90°N Miles. 

It also means that each transaction has to be at least S$5, if not you wouldn’t earn any miles on your purchase.

When it comes to redeeming miles, you can do so in blocks of as few as 1,000 miles.

There are countless ways to use your 90°N Miles via OCBC Rewards.

If you want to convert them to KrisFlyer miles, the conversion rate is 1 90°N Mile = 1 KrisFlyer Mile.

Pros
Cons
No cap on miles earned
Low local spend miles rate of 1.3 mpd
Miles do not expire
Miles are earned in S$5 blocks
Decent foreign currency spend miles rate of 2.1 mpd and up to 7mpd for Agoda bookings
 
No minimum spend required
 
No specific categories to spend on — ideal for general spending
 

Why should you choose the OCBC 90°N Card?

#1 Attractive rates for foreign currency spending

One of the biggest draws for the OCBC 90°N card is its significantly higher miles rates when you compare the rate for foreign currency spending and local spending.

At present, you’ll be able to earn 2.1 mpd on all foreign currency purchases, and 1.3 mpd for local spending, which has already increased from 1.2 mpd only recently. So it’s definitely a no-brainer that this card is much better at helping you earn miles when you’re overseas.

However, before you jump the gun and click “apply”, you’ll also need to remember that you’ll still have to pay for the foreign currency exchange rates when you spend on this card for overseas purchases, which stands at 3.25%. On top of that, there might still be other currency conversion fees charged by Visa or MasterCard on your transactions, usually at 1%.

💡Pro tip: To negate the fees, you can pair your OCBC 90°N card (mastercard) with the Instarem Amaze Card to pay for any overseas purchases. Do note that it only pairs with MasterCards at the moment.

Though overall it is a decent card for overseas spending, there are still other cards that offer higher miles earning rates. Here’s how it compares with the rest:

Credit card
Miles earn rate for foreign currency transactions
Citi Rewards Card
4 mpd (when you pair it with Instarem Amaze card to convert all spend to online)
Citi PremierMiles Card
4 mpd
HSBC Revolution Credit Card
4 mpd
UOB PRVI VISA Miles Card
2.4 mpd
HSBC Visa Infinite Credit Card
2.25 mpd
DBS Vantage Visa Infinite Card
2.2 mpd
OCBC 90°N card
2.1 mpd
AMEX Singapore Airlines KrisFlyer Ascend Credit Card
2 mpd (spending in June and December only)
Maybank Horizon Visa Signature Card
2 mpd

See also: Instarem Amaze Card Review (2023)


#2 Earn unlimited miles

Don’t you just hate it when you miss your minimum spending by a couple of dollars?

You could have hit it if you'd known, instead of wasting a whole month’s worth of expenses earning the base rate miles. 

With no minimum spend and no cap on miles earned features, the OCBC 90°N card has got your back.

This makes the perfect card to spend on big purchases locally or overseas.

Let’s see how this might be a game-changer when it comes to other miles cards:

Credit card
Miles rate
Details
UOB Lady’s Card
6mpd
  • No minimum spend
  • S$1,000 spend cap
UOB Lady’s Solitaire Card
6mpd
  • No minimum spend
  • S$3,000 spend cap
Citi Rewards Card
4mpd
  • No minimum spend
  • S$1,000 spend cap
DBS Woman’s Card
4mpd
  • No minimum spend
  • S$1,000 spend cap
DBS Woman’s World Card
4mpd
  • No minimum spend
  • S$1,000 spend cap
HSBC Revolution Card
4mpd
  • No minimum spend
  • S$1,000 spend cap
UOB KrisFlyer Card
3mpd on everyday spend categories
3mpd on SIA, Scoot, KrisShop and Kris+ purchases
1.2mpd on all other spend
  • S$800 min annual spend on SIA, Scoot and KrisShop for bonus miles
  • No miles cap
UOB PRVI Miles Card
1.4mpd on local spend
2.4mpd on overseas spend
6mpd for major aliens, hotels booked on Agoda, Expedia and UOB Travel
1mpd on monthly bills, rent, taxes and one-time big-ticket purchases
  • No minimum spend
  • No spend cap
Citi PremierMiles Card
1.2mpd on local spend
4mpd on overseas spend
  • No minimum spend
  • No spend cap
OCBC 90°N card
1.2mpd on local spend
2.1mpd on overseas spend
7mpd on Agoda bookings
  • No minimum spend
  • No spend cap
DBS Altitude Card
1.2mpd on local spend
2mpd on overseas spend
3mpd on online flights and hotel transactions
  • No minimum spend
  • S$5,000 spend cap for bonus miles

OCBC 90°N Mastercard Welcome Gift: Receive a Samsonite Polygon Spinner 28" (worth S$640) when you make a min. spend of S$500 within 30 days of card approval. Valid till 30 June 2023. T&Cs apply.

Alternatively, get up to S$250 cashback when you make a min. spend of S$1,000 for 2 consecutive 30-day periods (total 60 days) after card approval. Valid till 30 June 2023. T&Cs apply.

OCBC_90N_MASTERCARD_UPDATED

OCBC_90N_VISA-1

 

 



#3 Miles won’t expire

What’s better than earning a high miles rate on all your expenses? Knowing that the miles earned will never expire.

Though miles are the best for redeeming flights because it feels like you’re getting a free ticket (but no, it doesn’t work that way), you can also redeem your miles on a ton of other things including: 

- hotel purchases

- car rental bookings

- vouchers from popular retailers

- cash rebates on your credit card bills, and much more!

Check how else you can redeem your 90°N Miles!

Here is a comparison of other cards and their miles expiration periods:

Credit card
Points / Miles
Expiry
DBS Woman’s World Card
DBS Points
1 year
Maybank Horizon Visa Signature Card
TREATS Points
1 year
OCBC Titanium Blue/Pink Card
OCBC$
2 years
UOB PRVI Miles Card
UNI$
2 years
UOB Visa Signature Card
UNI$
2 years
UOB Lady’s Card
UNI$
2 years
Standard Chartered Smart Card
360° Rewards Points
Every 3 years
HSBC Revolution Card
Rewards Points
37 months
Citi Rewards Card
ThankYou®️ Points
Every 5 years
DBS Altitude
DBS Points
Never
Citi Prestige Card
ThankYou®️ Points
Never
Citi PremierMiles Card
Citi Miles
Never
OCBC 90°N Card
90°N Miles
Never

#4 Suitable as an everyday card for general spending

Because the OCBC 90°N card doesn’t limit the categories you can earn bonus miles in (only in currencies), this makes it a great card for general spending. 

This is unlike UOB Lady’s, which requires you to choose a category to qualify for the bonus miles, or HSBC Revolution, which adopts a whitelist approach (meaning that they specifically list merchants that are eligible for the bonus rewards).

With the OCBC 90°N card, You won’t have to fish out the millions of cards in your wallet just to switch out to a different card every time you spend on dining, shopping or groceries since this card gives the same miles for all spending.

However, there are some exceptions that do not qualify for miles to be earned, like utilities, insurance, tuition fees, medical bills and dental expenses. You can refer here to the full list.

Read more:

UOB Lady’s & UOB Lady’s Solitare Card Review (2023)
HSBC Revolution Card Review (2023)


For whom is the OCBC 90°N Card best suited for?

If you’re a frequent traveller who wants a no-frills card suitable for general spending, The OCBC 90°N card is for you!

The greatest perk is that it offers 7mpd for all bookings on Agoda, which means that you can earn a ton of miles through your accommodation alone. 

It also serves as a great travel card if you pair your OCBC 90°N card (Mastercard) with the Instarem Amaze card to eliminate all foreign currency exchange fees, as it offers 2.1 mpd on foreign currency expenses.

However, there are certainly other cards that offer much higher rates. So get this card if you’re not too invested in the miles game but want to at least clock a decent miles rate when you spend.


What charges or fees should you look out for?

Type of charge
Fee
Annual fee
S$54
Supplementary card fee
S$54
Minimum monthly payment
S$50 or 3% of the Total Balance, whichever is higher, and any overdue amount (amounts within the credit limit)

3% of the Total Balance plus the amount in excess of the Credit Limit, and any overdue amount (amounts in excess of the Credit Limit)
Card replacement fee
S$32.40 for 3rd card replacement onwards
Late payment charge
S$100
Overlimit fee
S$40
Cash advance fee
S$15 or 8%, whichever is higher
Stolen/lost card liability
S$100
Foreign currency transaction fee
3.25%
Currency conversion fee
1%
Interest on purchases
26.88%
Interest on cash advance
28.92%


Eligibility criteria

Minimum age requirement
At least 21 years old
Minimum annual income (Singaporeans/PRs)
S$30,000
Minimum annual income (Foreigners)
S$45,000

How to apply?

Click on the ‘Apply Now’ button and complete the application form on SingSaver site. You might need to prepare the following documents for the application process:

  • Front and back of NRIC/Passport/Employment Pass
  • Salaried employees: Past 12 months CPF statement (Singaporean/PR) or latest Income Tax Notice of Assessment and latest original computerised payslip
  • Self-employed: Latest Income Tax Notice of Assessment and latest original computerised payslip

OCBC 90°N Mastercard Welcome Gift: Receive a Samsonite Polygon Spinner 28" (worth S$640) when you make a min. spend of S$500 within 30 days of card approval. Valid till 30 June 2023. T&Cs apply.

Alternatively, get up to S$250 cashback when you make a min. spend of S$1,000 for 2 consecutive 30-day periods (total 60 days) after card approval. Valid till 30 June 2023. T&Cs apply.



OCBC_90N_MASTERCARD_UPDATED

OCBC_90N_VISA-1

 

Read these next:
OCBC 365 Credit Card Review (2023)
UOB One Credit Card Review (2023)
POSB Everyday Card Review (2023)
HSBC Revolution Credit Card Review (2023)
Instarem’s amaze Card Review


A mahjong addict with an undying love for dogs, Deborah is always on the hunt for cheap deals because she is always broke. That is why she is attempting to be more financially savvy to be.. less broke

FINANCIAL TIP:

Use a personal loan to consolidate your outstanding debt at a lower interest rate!

Sign up for our newsletter for financial tips, tricks and exclusive information that can be personalised to your preferences!