updated: Nov 05, 2024
One of the best cashback cards for everyday spend, OCBC 365 credit card helps you save big time on dining, groceries and petrol – all 365 days a year.
With higher cashback rates given for many different categories, the OCBC 365 will fit right into your wallet as your go-to credit card.
Savvy spenders will want to optimise the OCBC 365 Credit Card by focusing on its highest cashback categories — dining and petrol, which give 5% and 6% cashback respectively. Spending on other day-to-day categories such as grocery spend, utilities, electricity bills and ride-sharing will also earn modest cashback.
Besides that, the OCBC 365 Card also offers 3% cashback, you can now earn on drugstore, streaming and even Electric Vehicle (EV) charging – how good!
Plus, the cashback cap has been increased to S$160 compared to the previous S$80.
You can start spending immediately upon approval to use its automatic 2-year annual fee waiver fully.
In this blog, you will learn more about one of OCBC's best credit cards for everyday spend.
OCBC 365 credit card product summary:
Pros ✅
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Cons ❌
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6% cashback on fuel spend at all petrol service stations
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Minimum monthly spend of S$800 required. If you spend less than S$800, a flat 0.25% cashback is awarded.
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5% cashback on local/overseas dining and online food delivery
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0.25% cashback on all other expenses
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3% cashback on groceries, transport, telco bills, electricity bills, [NEW] streaming, drugstore and EV charging
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Monthly cashback capped at S$160
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The OCBC 365 credit card packs a punch with attractive cashback rates for multiple different categories, including:
All other spendings will earn 0.25% cashback. To earn these cashback rates, you will have to spend a minimum of S$800 in a calendar month.
💡Pro-tip: Another great UOB card offering cashback on a wide spectrum of spending is the UOB One Card. Offering a base 3.33% cashback, this rate can go up to as high as 15% if you're a new-to-UOB customer, or 10% if you're an existing UOB customer.
For most families, dining, groceries, Grab rides, and petrol costs are amongst the common monthly expenditure you’ll have to pay for. The OCBC 365 Visa credit card ensures that you get a fraction of that spending back in your pocket.
With 5% cashback on dining, this means getting S$10 back if you give the family a S$200 dinner treat on a special occasion. Dining cashback is given regardless of whether it’s weekday or weekend dining.
For homebodies, this also applies to online food deliveries. When restocking your groceries for the week, you’ll also get 3% cashback, including online groceries from Redmart and FairPrice Online.
Most credit cards exclude cashback rewards for utilities and bill payments.
This is where the OCBC 365 Visa credit card stands out by offering 3% cashback on your recurring telco bills and electricity bills, making it one of the best cards for paying utility bills.
The OCBC 365 Visa credit card is liberal in a way that it does not fix your cashback cap to specific categories.
You can max out the cashback by only spending on a single category if that’s what you prefer.
This provides more flexibility, allowing you to earn more cashback for categories you spend more on. It also comes in handy for those utilising multiple cashback cards to earn more.
Hitting the minimum S$800 minimum spend will see you earn S$80 cashback cap but if you are a big spender, hitting a S$1,600 minimum spend will unlock a S$160 cashback!
For the card's full list of spend exclusions, refer here.
Click on the ‘Apply Now’ button on this page and complete the application form on SingSaver site. You might need to prepare the following documents for the application process:
In general, the OCBC 365 Card is most popular if you need a reliable cashback credit card for everyday spend. It doesn't matter if you're a working adult or a stay-at-home wife/husband, the OCBC 365 Card pretty much works for almost everyone.
From dining and online food delivery, to groceries, public transport, utilities and bills, fuel, streaming, drugstore and even electric vehicle charging, it's undeniably one of the best all-rounded cashback cards out there.
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