• OCBC Titanium Rewards Credit Card

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    OCBC Titanium Rewards Credit Card Overview

    Travelling and entertainment take on a whole new meaning with the OCBC Titanium Credit Card. Air miles, benefits, priority entry, bookings, exclusive discounts and so much more awaits you at every turn. Earn exclusive miles on every spend and redeem the same for exciting vouchers, hotel stays, concert / movie tickets, shopping and so much more.

    OCBC Titanium Rewards Credit Card Promotions

    Here are some awesome promotional offers to entice you towards this credit card:

    • 10% discount on best available rates at Casa del Mar Langkawi, Malaysia, plus free two-way transfer from Langkawi International Airport until 20 December 2017.
    • 10% concession on holiday packages and food and beverages at Bintan Lagoon Resort, Indonesia until 31 January 2018.
    • Special rates on Cathay Pacific Economy and Premium Economy classes for OCBC Titanium Rewards cardholders until 31 December 2017, for travel up to 31 January 2018.
    • 10% off hotel bookings through Expedia using the promocode OCBC10HOL until 31 January 2019.
    • Return voucher worth S$10 when you use this card at Pizza Hut outlets until 31 March 2018.
    • 20% discount on a la carte dinner on spending at least S$100 and 15% savings on a la carte food and dim sum menu on spending a minimum of S$50 at selected Peach Garden restaurants. Valid up to 31 December 2017.
    • 15% concession on beer and house-pour wine after Happy Hours on all days except Sundays at J Bar, M Hotel. Valid until 31 December 2017.
    • A maximum of 69% rebate on baby products at Applecrumby & Fish online up to 22 September 2017.
    • Extra 15% savings on spends of S$100 or more at Zalora until 31 December 2017.
    • Discounts of S$8 from Monday to Thursday and S$10.50 from Friday to Sunday for movie tickets at Cathay Cineplexes up to 31 December 2017.

    OCBC Titanium Rewards MasterCard is a rewards credit card that comes with attractive privileges. The card gives up to 10 times the usual amount of rewards points on shopping online, offline, in Singapore or abroad. The card comes with lucrative offers, amenities and perks. This is an ideal card for the young generation.

    Features of OCBC Titanium Rewards Credit Card

    Here are some great features of this card:

    • Annual fee waiver: The annual fee for the principal as well as supplementary cards are waived for the first two years.
    • OCBC$ accrual: You get rewards points in the form of OCBC$ for all your purchases.
    • Purchase protection: You receive online price guarantee and e-commerce protection.
    • Cash advance: You can make cash withdrawals in case of emergency.

    Rewards

    How does the OCBC Titanium Rewards MasterCard incentivise your card usage? Let’s take a look:

    • You get 10 OCBC$ on purchase of clothes, bags, shoes, electronics and gadgets, babywear and children’s wear.
    • You get 10 OCBC$ on departmental store purchases.
    • Up to 30 September 2017, you get 10 OCBC$ on personal care purchases and on payments made through Android Pay, Apple Pay or Samsung Pay.
    • These rewards are valid for both online and offline purchases, and local as well as overseas purchases.
    • The maximum OCBC$ you can accumulate in a year under the 10x programme is 120,000 OCBC$.
    • For all other purchases, you get 1 OCBC$.
    • You can redeem the accrued OCBC$ for products and services such as KrisFlyer Miles, cash credits, bill offset and shop vouchers.

    Benefits of OCBC Titanium Rewards Credit Card

    Similar to other credit cards owning this credit card gives you several privileges, which are listed below:

    • Mastercard Tap & Go: You can use this credit card as a payment card for bus and train rides through Mastercard Tap & Go. Your card needs to be enabled with Mastercard PayPass and you need to register the card to use it to pay for the rides.
    • JetQuay Quayside: Up to 31 October, 2017, you can use the JeyQuay Quayside single trip service for yourself and a companion. Thereafter, you can use the service at a discounted price of S$250 and save 10% on JetQuay Gateway and JetQuay Jetside services.
    • Airport lounge access: Have a relaxed time even before you board your flight. You can access over 800 airport lounges through the MasterCard LoungeKey programme.

    Insurance Offered by OCBC Titanium Rewards Credit Card

    The OCBC Titanium Rewards Card comes with the following insurance covers:

    • Online Price Guarantee: If you buy an item online using this card and in 30 days’ time you find another website offering the same product at a lower price, then you can claim a reimbursement of up to 50% of the difference in costs. This policy is underwritten by AXA.
    • E-commerce Protection: All your online purchases are covered against the following – non-delivery or partial delivery of items up to 30 days, failure of merchant to refund within 60 days, delivery of goods in a damaged condition, and malfunctioning of products within 60 days of delivery due to damage while in transit. The maximum claim for a year is US$200.

    Instalment Payment Plans

    OCBC has two types of instalment payment plans: the 0% Instalment Payment Plan (IPP) and PayLite. These are very useful if you are making large purchases and don’t want to charge the entire amount to your card one go.

    OCBC IPP allows you to split a payment into multiple instalments that can be paid back over a few months. You can enjoy this scheme at over 1,000 participating outlets across Singapore, including educational institutions, automotive businesses, shopping, insurance payments, travel, beauty and wellness centres, and health clinics. The decision of the duration of the IPP for a particular purchase and the repayment amount per instalment depends on the bank. If you do not pay the instalment amount every month on schedule, the regular interest charges of the credit card will become applicable.

    OCBC PayLite allows you to convert purchases worth more than S$500 into fixed monthly repayments. The instalments can be spread out over a maximum of 2 years. You can apply for PayLite after making the purchase, through online banking or PayLite form, within 7 days of making the transaction. You can use this scheme for purchases made from any merchant in Singapore and abroad. The applicable fees and charges on PayLite are:

    PayLite duration EIR Processing fee
    3 months 18.18% 3%
    6 months 10.43% 3%
    1 year 9.5% 5%
    18 months 9.23% 7%
    2 years 9.15% 9%

    Fees and Charges

    Type of fee Amount payable
    Annual fee S$192.60 (Free for the first 2 years, waived thereafter on spending a total of S$10,000 or more on the card in the previous year)
    Supplementary card fee S$96.30 (Free for the first 2 years)
    Interest rate 25.92% p.a.
    Minimum monthly payment S$50 or 3% of the outstanding amount, whichever is greater
    Late payment charges S$100
    Cash advance fee S$15 or 6% of the withdrawn amount, whichever is greater
    Interest on cash advance 28.92% p.a.
    Administrative fee S$150

    Foreign Currencies Transaction Charges

    Transactions made in US Dollars are converted into Singapore Dollars. Transactions made in other currencies are first converted into US Dollars and then converted into Singapore Dollars. Such transactions carry with them a fee inclusive of conversion fee and administrative fees. That comes to 1% of the transaction amount and 1.8% of the transaction amount respectively. Conversion is done at the prevailing exchange rates at the time of posting and not at the time of making the transaction. Transactions made overseas but effected in Singapore Dollars are subject to an additional international transaction processing fee or dynamic currency conversion fee, which comes up to 1% of the transaction amount for both Visa and MasterCard transactions.

    Cash Withdrawals (Cash Advance)

    If you are in dire need of money, you can make cash withdrawals from your credit card. That will be equal to getting a short-term personal loan. These cash advances come at a cost – you will be charged 6% of the withdrawn amount (at least S$15) as cash advance fee, and an interest of 28.92% is applicable on the withdrawn amount. You can make cash withdrawals both in Singapore and overseas, from OCBC ATMs, or affiliated MasterCard/other bank ATMs.

    How to apply for OCBC Titanium Rewards Credit Card

    Applications for the OCBC Titanium Rewards card can be made either online through the OCBC website or through a third party financial website that provides the services. Alternatively, you can also make offline applications by visiting the nearest OCBC branch.

    Eligibility criteria for OCBC Titanium Rewards Credit Card

    • Minimum age: 21 years
    • Minimum income:
      • Singaporeans & Permanent Residents: S$30,000 p.a.
      • Foreigners: S$45,000 p.a.

    Documents required

    The following documents need to be presented in order to successfully apply for this credit card:

    • Salaried individuals:
      • Photocopy of NRIC front and back
      • Copy of the latest 6 months’ CPF contribution statement
      • Copy of the latest payslips
    • Self-employed individuals and individuals with varied income:
      • Photocopy of NRIC front and back
      • Copy of the latest 12 months’ CPF contribution statement
      • Copy of the most recent Income Tax Notice of Assessment
    • Foreigners:
      • Photocopy of the passport
      • Copy of Employment Pass with a minimum of 6 months’ validity
      • Copy of latest payslips
      • Copy of the latest Income Tax Notice of Assessment

    OCBC Titanium Rewards Credit Card Interest Rates

    The OCBC Titanium credit card charges an interest rate of 25.92% on all transactions and 28.92% on all cash advances. The cash advance interest is levied from date of advance until it has been fully repaid. Interest on purchases is applicable only if you do not pay the full bill by the due date of the current statement. So you have to pay interest on transactions only if you are carrying over any amount for the next month. You get an interest-free grace period of up to 23 days.

    Repayments

    The minimum monthly payment is either S$50 or 3% of the current outstanding balance. If you have previous outstanding dues or have exceeded the credit limit, you should pay these dues off in addition to the minimum monthly payment. Late payments attract a penalty of S$100 (revised from S$80 since 1 June, 2017).

    Reporting lost/stolen cards

    If you lose your card or it is stolen from you, then you need to report the loss/theft of the card to bank by calling the 24/7 OCBC Credit Card Hotline i.e. 1800 363 3333. If you do not do so promptly, you will end up being liable for all unauthorised transactions made using the lost/stolen card. If you report loss or theft of the card immediately, then your liability towards unauthorised transactions made after filing the report will be limited to just S$100.

    Other Credit Cards offered by OCBC

    Beside the OCBC titanium Credit Card, OCBC offers a range of credit cards, tailor-made to suit the varied needs of customers. Some of the most popular OCBC credit cards are listed below:

    • OCBC Arts Credit Card
    • OCBC Plus Credit Card
    • OCBC Cashflo Credit Card
    • OCBC Robinsons Group Credit Card
    • OCBC NTUC Plus! Credit Card
    • OCBC BEST Denki Credit Card
    • OCBC 365 Credit Card
    • OCBC Great Eastern Cashflo Credit Card
    • Frank Credit Card
    • OCBC Platinum Credit Card

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