What do OCBC credit cards pay? As at November 2026, OCBC’s main consumer range is four cashback cards (365, INFINITY Cashback, FRANK, NXT), one points card for shopping (Rewards) and two miles cards (90°N and VOYAGE).
The choice inside OCBC is mostly between a high rate with a minimum spend (365 at 6%, FRANK at 8%, both needing S$800 a month) and a lower rate with no conditions (INFINITY at 1.6%). The maths below shows where each comes out ahead.
How We Compared the OCBC Credit Cards
Every figure is from the card’s own page on ocbc.com or OCBC’s cards help page. We list the stable terms: earn rate, cap, minimum spend, annual fee and waiver, and minimum income.
Welcome offers and dated promotions are left out. OCBC’s pages carry several, and they change. We are not paid by OCBC or any issuer. The cards are grouped by type, not ranked.
OCBC Cards at a Glance
Minimum income is for Singaporeans and PRs aged 21 to 55. OCBC lists $15,000 for those above 55 and $45,000 for foreigners, unless stated.
| Card | Type | Headline earn rate | Cap | Minimum spend | Annual fee and waiver | Minimum income |
|---|---|---|---|---|---|---|
| OCBC 365 | Cashback | 6% on dining, groceries, land transport and petrol | $160 a month | $800 a calendar month | $196.20; waived 2 years, then with $10,000 yearly spend | $30,000 |
| OCBC INFINITY Cashback | Cashback | 1.6% on eligible local and overseas spend | None | None | $196.20; waived 1 year, then with $10,000 yearly spend | $30,000 |
| OCBC FRANK | Cashback | 8% on foreign currency, local online and mobile wallet spend | $25 per category, $100 a month | $800 a month | $196.20; waived 2 years, then with $10,000 yearly spend | $30,000 |
| OCBC NXT | Cashback | 0.5% rebate, or 1% when the monthly bill is $1,000 or more; automatic 0% instalments | $100 a month | None stated | $163.50; waived 2 years, then with $10,000 yearly spend | $30,000 |
| OCBC Rewards | Rewards | 10 OCBC$ per $1 (4 miles per $1) at selected shopping merchants | 10,000 bonus OCBC$ a month | None | $196.20; waived 2 years, then with $10,000 yearly spend | $30,000 |
| OCBC 90°N (Visa, Mastercard) | Miles | 1.3 miles per $1 local; 2.1 miles per $1 in foreign currency | None | None | $196.20; waived 1 year, then with $10,000 yearly spend | $30,000 |
| OCBC VOYAGE | Miles | 1.3 miles per $1 local; 2.2 miles per $1 in foreign currency | None | None | $498; stated as not waivable | $120,000 |
OCBC also issues cards tied to a relationship or partner, such as the Premier Visa Infinite, Great Eastern Cashflo and BEST-OCBC cards. They are outside this comparison.
Worked Example: 365 Card or INFINITY Cashback
OCBC’s page says the 365 Card’s current structure took effect on 1 November 2026: one tier, an $800 minimum and a $160 monthly cap with no category caps.
Take an illustrative household that charges $800 a month: $500 on groceries, dining, petrol and public transport, and $300 on everything else.
- 365 Card: $500 × 6% = $30, plus $300 at the 0.25% base rate = $0.75. Total $30.75 a month, or about 3.8% of spend.
- INFINITY Cashback: $800 × 1.6% = $12.80 a month.
Over a year that is $369 against about $154, before fees.
Now the same household in a quieter month, charging $700.
- 365 Card: the minimum is missed, so $700 × 0.25% = $1.75.
- INFINITY Cashback: $700 × 1.6% = $11.20.
To reach the 365 Card’s $160 cap you would need about $2,667 a month in the four 6% categories alone.
The short version: OCBC’s 365 Card pays 6% on four everyday categories, but only in months when you charge at least $800. The INFINITY card pays 1.6% on any amount. If your card spending often dips below $800, the lower rate can pay more over a year.
Who Each OCBC Card Does Not Suit
365. Not for anyone whose monthly card spend hovers around $800. Dining excludes bars and hotel banquets, and transport excludes EZ-Link and Transit Link top-ups. Compare it with other banks on our best credit cards for groceries and best credit cards for dining pages.
INFINITY Cashback. A flat 1.6% is lower than a category card in its own category. OCBC’s page says “the usual spend exclusions apply” and refers to the card’s terms for the list.
FRANK. Each category stops at $25 of cashback a month, which is about $313 of spend at 8%. E-wallet top-ups, tax and insurance premiums do not count towards the $800.
NXT. It splits purchases of $100 or more into instalments automatically. That suits planned large buys, not someone who prefers to clear the full bill each month. OCBC says the conversion can stop if you do not pay the statement in full.
Rewards. The 4 miles per $1 applies to a defined list: department stores, clothing, shoes, bags and named online marketplaces. Supermarket spend earns no bonus. The 10,000 bonus OCBC$ cap is reached at about $1,111 a month.
90°N. The local rate of 1.3 miles per $1 is uncapped but modest. See our best air miles credit cards page for other banks’ figures.
VOYAGE. The $498 fee is charged on approval and OCBC states it is not waivable. Each fee payment comes with 15,000 VOYAGE Miles, so the question is whether the lounge access and those miles are worth the fee to you.
The full cross-bank picture is on our credit cards hub and best cashback credit cards page.
How OCBC$, 90°N Miles and VOYAGE Miles Work
OCBC runs three reward currencies, and they do not behave the same way.
| Currency | Earned on | Expiry | KrisFlyer rate |
|---|---|---|---|
| OCBC$ | Rewards Card | 24 calendar months from the month earned | 25,000 OCBC$ = 10,000 miles |
| 90°N Miles | 90°N Card | Never | 1 90°N Mile = 1 mile |
| VOYAGE Miles | VOYAGE Card | Never | 1 VOYAGE Mile = 1 mile |
A few details from OCBC’s pages:
- OCBC$ are awarded in $5 blocks per transaction. They can also be used as statement credit at 3,600 OCBC$ for $10. At 10 OCBC$ per $1, that is a 2.78% rebate.
- 90°N Miles can go to KrisFlyer, Asia Miles and other airline and hotel partners, or be redeemed for cash rebates, in blocks from 1,000 Miles.
- VOYAGE Miles carry a $25 admin fee for each conversion to an airline or hotel programme.
OCBC’s card pages for the Rewards and 90°N cards do not state a conversion fee, but the OCBC Rewards programme terms list $25 for each conversion of OCBC$ to KrisFlyer miles. Check the fee shown in the OCBC app before you convert.
To compare a miles card with a cashback card in dollars, use our cashback vs miles calculator and the method in cashback or miles: how to decide.
Annual Fees and the Fee Waiver Process
OCBC’s cards have no annual fee for the first one or two years, depending on the card. After that, the fee is waived automatically if you spend $10,000 in a year, counted from the month after the card was issued. Retail purchases and instalment plans count. Cash advances and bank charges do not.
If you fall short, OCBC’s help page lists three ways to request a waiver: internet banking (Customer Service, then “Credit card fee waiver”), the OCBC app (More services, then Card services), or phone banking. Requests are subject to approval.
Foreign currency transactions carry a 1% card association charge and a 2.25% bank administrative fee, 3.25% in all. Our guide to overseas card fees and dynamic currency conversion explains the extra 1% on Singapore-dollar charges processed overseas.
None of this helps if you carry a balance. OCBC’s cards help page states interest of 27.78% a year on unpaid balances on all its credit cards, rising to 30.78% if the minimum payment is missed. That is several times the best rate in the table. MoneySense explains how card interest is charged.
What To Do Next
- Check your last three statements. Count how many months your card spend cleared $800.
- Read the card’s page on ocbc.com for the current rates and the exclusion list before applying.
- If you earn OCBC$, note the 24-month expiry and the $25 conversion fee.
- Diarise your card anniversary and your running total against the $10,000 waiver threshold.
- If you have a balance on any card, see how long it takes to clear with our debt payoff calculator.
