OCBC$ is awarded to you whenever retail spending is made on your eligible OCBC Credit Card. You earn 1 OCBC$ for every S$1 charged to your OCBC Credit Card. The OCBC$ is calculated based on the value of Card transactions effected daily and rounded down to the nearest OCBC$.

Annual card membership fees, CashWise, IPP, Paylite transactions, interest charges, late payment charges, goods and services taxes, cash advances, balance transfers, bill payments made via Internet Banking, bill payments made via AXS, payment of bus or train (MRT) fares and other fees and charges are excluded from the calculation of OCBC$.

All OCBC Credit Cardmembers are eligible for the programme, except OCBC NTUC VISA Card, OCBC Robinsons VISA Card, Rebates earning Cards (e.g. OCBC 365 Credit Card, FRANK Credit Card, OCBC Cashflo Credit Card, OCBC Great Eastern Cashflo Credit Card), Voyage Cards, corporate cards, private label cards and all Cards that have been suspended or terminated.

Effective 1 July 2015, all OCBC$ earned from 1 July 2015 will expire on the last day of the 24th calendar month following the relevant calendar month such OCBC$ was earned.

Example:

OCBC$ earned by your Supplementary Cardmember are credited to the Principal Card Account and you (the Principal Cardmember) can use them to redeem for OCBC Rewards.

Effective 22 March 2011, OCBC$ earned from different OCBC Credit Cards of the same OCBC Principal Cardmember will be aggregated.

The Rewards Summary in your monthly statement will show your loyalty points balance combined based on the currency of the loyalty point awarded to your respective Credit Card(s). Here's an example.

You can easily redeem OCBC Rewards on our Rewards Portal, Internet Banking or Phone Banking services.

For your convenience, we have provided a simple guide for you.

OCBC Rewards Webpage Easy Guide

OCBC Internet Banking Easy Guide

OCBC Phone Banking Easy Guide

Call 1800 363 3333 or (65) 6363 3333 when overseas. If your phone has Speech Recognition, please follow the steps in Option 1, if not please follow the steps in Option 2.

Option 1 (Speech Recognition):

Alternatively, you may also follow the steps below.

Option 2 (without Speech Recognition):

We are pleased to inform you that OCBC Rewards Webpage, Internet Banking and Phone Banking services are available 24 hours a day, seven days a week.

Upon successful redemption, the corresponding OCBC$ will be deducted from your OCBC$ account immediately. The Rewards Voucher will be mailed to your mailing address within 7 working days.

Simply log in to internet banking and provide us with your KrisFlyer membership information under the KrisFlyer miles Redemption Registration tab. Thereafter, sign in at OCBC Rewards page to redeem your OCBC$ for KrisFlyer miles.

Please note that a S$25 admin fee will be charged to your Principal Credit Card for each conversion request.

If you are the Principal Cardmember, you can now transfer your OCBC$ to another OCBC Credit Cardmember. Simply log in to internet banking and provide us with the designated Credit Card number. Do note that the beneficiary account must be a Principal Cardmember. 2,300 OCBC$ will be deducted from your selected Card Account for each transfer.

The Rewards Voucher(s) will be sent to your OCBC Credit Card’s mailing address as stated in the bank’s records.

If you have more than one OCBC Credit Card with different mailing address, the Rewards Voucher(s) will be sent to the corresponding mailing address of the Credit card

• which you chose to redeem from within Internet Banking; or
• of which you used the card number to sign in the Rewards Webpage for rewards redemption.

You should receive the voucher(s) within 7 working days.

The Rewards Voucher is valid for a period of 3 months from the date of its issue, unless otherwise stated.

We regret that we are unable to extend the validity of your Rewards Voucher.

You will not be able to cancel your redemptions once you have made the redemptions.

You may nominate your Supplementary Cardmember to use the Rewards Voucher on your behalf. Simply complete the nomination form printed at the front of your Rewards Voucher.

To collect your Rewards, you or your Supplementary Cardmember must present the relevant Rewards Voucher duly completed and signed, together with your/his OCBC Credit Card, as proof of eligibility, to the relevant participating merchant.

The Rewards Voucher redeemable for a specified item is subject to availability and terms stated in the voucher. Do note the terms of use stated within the Rewards Voucher.