Why Trust MoneySmart?The OCBC 365 Credit Card is a practical cashback choice for Singaporeans who want to make every dollar work harder on daily essentials like dining, groceries, petrol, transport, and bills. With up to $160 cashback monthly, it’s designed for those who regularly spend across key categories such as food delivery, ride-hailing, streaming, and even Watsons. If you’re aiming to get consistent savings on your everyday expenses, this card could be a strong fit.
Key cashback benefits
You’ll need to meet a monthly minimum spend of $800 (cap: $80 cashback) or $1,600 (cap: $160 cashback) to unlock the best rates. Here’s how the key cashback categories break down:
6% cashback on petrol at all stations, with even higher total fuel savings at Caltex, Esso, or Sinopec when including instant station discounts.
5% cashback on dining, food delivery (local, overseas, and online).
3% cashback on groceries (physical stores and online, local and overseas).
3% cashback on land transport including public transit (SimplyGo), ride-hailing (Grab, Go-Jek, TADA, Comfort), and taxis.
3% cashback on utilities and recurring bills (telco, electricity).
3% cashback on lifestyle (Watsons stores/online, streaming platforms like Netflix/Disney+, EV charging).
0.25% cashback on all other eligible spend and when the minimum spend isn’t met.
Cashback cards in Singapore typically work by awarding higher cashback in focused categories, but only after you reach the minimum monthly spend. Any uncategorised expenses or shortfalls earn the base rate, significantly reducing your benefit if you don’t hit $800 each month.
Additional perks and fees
Annual fee: $196.20 (waived for the first 2 years for principal cards; subsequent waiver with $10,000 annual spend).
Supplementary card annual fee: $98.10.
Interest-free period: 23 days.
MoneySmart exclusive promotions: Occasional campaigns for new-to-card customers (e.g., cash rewards or SmartPoints/gadgets) for meeting initial spend criteria. Latest campaign and terms here.
Paying with OCBC 365 can help unlock higher bonus interest on the OCBC 360 savings account (if you bank and spend with OCBC).
Pays with all major mobile wallets: Google Pay, Apple Pay, Samsung Pay, and offers Visa contactless capability.
Eligibility
Minimum age: 21 years
Income for Singaporeans/PRs (21–54): $30,000/year; (55 and above): $15,000/year
Income for foreigners: $45,000/year
Still deciding? Consider comparing the OCBC 365 with other cashback cards in Singapore. How (and where) you spend matters just as much as the rates, so check out your monthly budget and explore which card lines up best with your lifestyle.
