OCBC 90°N Card – MoneySmart Review 2022

ocbc 90 n card review

For the longest time, OCBC simply did not have a decent air miles credit card in their lineup. Sure, there’s the OCBC Voyage Visa Infinite, but that’s for those with super-high incomes ($120,000 to be exact) and out of reach for most. The closest thing to a miles card for regular people was the OCBC Titanium Rewards Card, which is a very good credit card for earning rewards points, but not exactly a miles card.

All that changed when OCBC launched the OCBC 90°N Mastercard in 2019. At long last came an air miles credit card from OCBC! Then, they followed up with the launch of the OCBC 90°N Visa.

OCBC logo
Earn Miles That Don't Expire
Cash Back on Eligible Spend
1.2%
on Overseas spend
S$1 = 2.1 Miles
on Local spend
S$1 = 1.2 Miles

Despite its hard-to-pronounce name (I’ve heard it referred to as the “OCBC 90 Degree Card” and even “OCBC N90 Card”… you think what? Haze mask ah?), the OCBC miles cards have some attractive features that should make any globe trotter sit up and take note. 

Contents

  1. OCBC 90°N Miles Cards: Summary
  2. OCBC 90°N Miles Cards: How does it work?
  3. OCBC 90°N Miles Cards Exclusions
  4. OCBC 90°N Miles Cards KrisFlyer Miles Redemption
  5. OCBC 90°N Miles Cards Travel Privileges, Promotion
  6. OCBC 90°N Miles Cards Sign-up Promotion
  7. OCBC 90°N Miles Cards Referral Promotion
  8. Should I get the OCBC 90°N Miles Cards?
  9. OCBC 90°N Miles Cards Minimum Income, Fees 
  10. Alternatives to the OCBC 90°N Miles Cards

1. OCBC 90°N Miles Cards: Summary

Right off the bat, we can acknowledge that the OCBC 90°N Mastercard and 90°N Visa miles cards have a pretty standard miles earn rate. With the OCBC 90°N Mastercard gets you 1.2 miles per dollar on local spend and 2.1 miles per $1 on overseas spend. The OCBC 90°N Visa card, on the other hand, earns 1 mile per $1 on local spend and 2 miles per $1 on overseas spend.

But what make the OCBC 90 90°N Miles cards appealing is the travel privileges that come with it. For instance, if you make accommodation bookings on Agoda, you can earn a rather generous 6 miles per $1 on local spend and 7 miles per $1 on overseas spend.

Not only that, unlike most miles cards that charge a fee for miles conversion, you don’t have to pay to convert your Travel$ to KrisFlyer miles. And even better, the OCBC Travel$ do not expire.

Let’s dive into the nitty gritty details of the card.

2. OCBC 90°N Miles Cards: How does it work?

The OCBC 90°N Mastercard and 90°N Visa, despite sharing the same name, have some key differences. Here’s a summary of the cards’ respective earn rates:

OCBC 90°N Mastercard OCBC 90°N Visa 
Base Points Local spend: 6 Travel$ per $5 (1.2 miles per $1)

Overseas spend: 10.5 Travel$ per $5 (2.1 miles per $1)

Local spend: 5 Travel$ per $5 (1 mile per $1)

Overseas spend: 10 Travel$ per $5 (2 miles per $1)

Bonus Category
  • Streaming services
  • Online food delivery
  • Online shopping
  • Groceries
Bonus Points (Streaming services: Disney+, Spotify, Netflix, Audible, Viu) Local spend: +10 Travel$ per $5 (+2 miles per $1)

Overseas spend: +5 Travel$ per $5 (+1 mile per $1)

Bonus Points (Online food delivery: Grab, Foodpanda, Deliveroo, Oddle) Local spend: +2.5 Travel$ per $5 (+0.5 mile per $1)

Overseas spend: +10 Travel$ per $5 (+2 miles per $1)

Bonus Points (Online shopping: Lazada, Shoppee, Qoo10, Taobao, Amazon) Local spend: +2.5 Travel$ per $5 (+0.5 mile per $1)

Overseas spend: +10 Travel$ per $5 (+2 miles per $1)

Bonus Points (Groceries: Red Mart, NTUC, Cold Storage, Giant, Sheng Shiong) Local spend: +2.5 Travel$ per $5 (+0.5 mile per $1)

Overseas spend: +10 Travel$ per $5 (+2 miles per $1)

Bonus Points Cap 500 bonus Travel$ (500 miles) per calendar month

Let’s start with the OCBC 90°N Visa. It offers higher earn rates for everyday spending like groceries, online shopping, food delivery, and streaming services. The highest earn rate of 15 Travel$ per $5 (3 miles per $1) is doled out for your Disney+, Spotify, Netflix, Viu, and Audible subscriptions. Everyday spending, on the other hand, can earn you up to 7.5 Travel$ per $5 (1.5 miles per $1).

The card’s base rates are nothing to rave about. It’s pretty mediocre at $1 = 2 miles on overseas spending and $1= 1 mile on local spending. The OCBC 90°N Mastercard has a little edge over the OCBC 90°N Visa as it offers $1 = 2.1 miles on overseas spending and $1= 1.2 miles on local spending. Still, pretty meh.

What then makes the OCBC 90°N Mastercard and OCBC 90°N Visa appealing? The Travel$ that you earn do not expire and there’s no conversion fees.

3. OCBC 90°N Miles Cards Exclusions

As with most credit cards, the OCBC 90°N Visa and Mastercard come with a list of exclusions. The following are some main exclusions which will not earn any Travel$:

  •  Government services
  • Payments to educational institutions
  • Insurance payments
  • Hospital bills
  • Utility bills – gas, water, electric
  • Cryptocurrencies
  • Parking charges
  • Tax payments

It’s a pretty standard list of exclusions. Save for these, the OCBC 90°N Miles cards are fuss-free and almost everything that you swipe the card for will earn you Travel$ which you can later convert to miles.

4. OCBC 90°N Miles Cards KrisFlyer Miles Redemption

The OCBC Travel$ is not particularly flexible as miles currency. The only frequent flyer programme it supports is KrisFlyer, so you cannot redeem miles under any other programme. 

This is a shame, because you can redeem flights for fewer miles with other frequent flyer programmes, such as Cathay Pacific’s Asia Miles. SQ has also been known to devalue KrisFlyer miles from time to time, which can make earning miles frustrating if you have no other options. 

However, you’ll be happy to hear there’s no conversion fee for redeeming miles (this normally costs $26.75 with other cards) and miles can be redeemed in blocks of 1,000 (as opposed to 10,000 typically). Plus, if you have both the OCBC 90°N Mastercard and 90°N Visa, you can stack the Travel$ earned on both cards and redeem more miles.

5. OCBC 90°N Miles Cards Travel Privileges, Promotion

The OCBC 90°N miles cards come with their fair share of travel privileges and promotions. The following are some key promotions that will save you some moolah when you make your flight and accommodation bookings for your upcoming holidays with your OCBC 90°N miles cards.

Merchant Promotion Expiry
Agoda Bonus Travel$ for accommodation bookings made via www.agoda.com/90n

Local spend: 30 Travel$ per $5 (6 miles per $1)

Overseas spend: 35 Travel$ per $5  (7 miles per $1)

30 Nov 22
Etihad Airways Up to 26% off economy class tickets from Singapore to selected countries on bookings made via CTM Singapore through email ([email protected]).

List of countries: Amsterdam, Athens, Barcelona, Cairo, Chicago, Frankfurt, Istanbul, London, Manchester, Generca, Madrid, Milan, Munich, New York, Paris, Rome, Tel Aviv, Vienna, Washington, Toronto, Zurich

30 Sept 22
Singapore Airlines $100 cashback with min. spend of $1,000 in a single transaction online or the SingaporeAir mobile app, register here to qualify.

If you pay with your OCBC 90°N Mastercard, receive S$50 KrisShop e-voucher for every $800 spent. Limited to a maximum of 4 KrisShop e-vouchers per booking reference. Register here to qualify.

7 Sept 22

The most enticing promotion of the lot is hands down the bonus Travel$ that you can earn when you make your accommodation bookings via Agoda. You get a pretty generous 6 miles per $1 on local spend and 7 miles per $1 on overseas spend with no spend cap.

If you’re a globe trotter and spend a fare bit on travel accommodation, this promotion will be useful in helping you earn your miles at a faster rate. However, before you book your accommodation through the affiliate link, do your due diligence and compare prices. You want to make sure that you’re getting the best possible deal.

Discounted Travel Insurance

As a OCBC 90°N miles card holder, you get access to Travel with OCBC which offers special rates on flights and accommodation. More importantly, you get a 45% discount on OCBC travel insurance with Covid-19 coverage.

Airport Lounge Benefits

However, here comes the possible deal breaker: no airport lounge benefits. It’s now standard for even the most entry-level of miles cards (like the DBS Altitude and Citi PremierMiles) to provide 2 x free access to airport lounges a year. 

The OCBC 90°N MasterCard only gives you paid access to the LoungeKey network at US$32 per visit. The OCBC 90°N Visa, on the other hand, has no airport lounge benefits at all…Nah. 

6. OCBC 90°N Miles Cards Sign-up Promotion

One of the easiest ways to accumulate a lump sum of miles quickly is through sign-up promotions. If you’re planning for an upcoming holiday, sign-up for the OCBC 90°N Visa to earn 10,000 miles (10,000 Travel$). Here’s how:

  • You must be new to OCBC credit cards (or cancelled your last one at least a year ago)
  • Spend at least $5,000 within 2 months of card approval
  • Promotion ends 31 August 2022

If you don’t hit the minimum spend of $5,000, you can still earn 500 miles (500 Travel$) if you charge at least $10 to your card.

The promo is not just for new to OCBC customers, if you’re an existing customer signing up for the OCBC 90°N Visa card, you can earn 2,500 miles (2,500 Travel$) if you meet the same requirements listed above.

Unfortunately, if you’re looking to sign-up for the OCBC 90°N Mastercard, there are currently no ongoing promotions.

7. OCBC 90°N Miles Cards Referral Promotion

While the OCBC 90°N Miles Cards standard earn rates might not be something to scream and shout about, there are multiple promotions that can help boost your miles earnings. Another of which is the household referral promotion. If you convince a household member to sign up for either one of the OCBC 90°N Miles Cards, both of you can get up to 1,500 miles each. Here’s how:

  • Your refree must be new to OCBC credit cards (or cancelled your last one at least a year ago)
  • Make at least one payment a month for 3 months upon card approval date
  • Promotion ends 31 October 2022

For existing OCBC members applying for the OCBC 90°N Miles Cards, you can still each earn up to 600 miles.

8. Should I get the OCBC 90°N Miles Cards?

If you’re a KrisFlyer loyalist, the OCBC 90°N Miles Cards are one way for you to earn KrisFlyer miles that do not expire. Plus, you don’t have to pay to convert your OCBC Travel$ into KrisFlyer miles.

The OCBC 90°N Miles Cards are great for globetrotters who are newbies to the miles collection game. For those who spend a fair bit on their daily expenses, the OCBC 90°N Visa offers bonus Travel$ in those categories. However, if you really don’t want to spend any brain cells on various spend categories, the OCBC 90°N Mastercard’s simplicity might be more appealing to you. 

The cards also have a low minimum income requirement of $30,000 p.a. which makes it a beginner-friendly entry-level card.

9. OCBC 90°N Miles Cards Minimum Income, Fees 

The OCBC 90°N Miles Cards share the same minimum income requirements of $30,000 p.a. and fees. Here’s the breakdown: 

OCBC 90°N Mastercard OCBC 90°N Visa 
Annual fee & waiver $53.50 $53.50
Supplementary annual fee $53.50 (waived for 1 year) $53.50 (waived for 1 year)
Interest free period 23 days 23 days
Annual interest rate 26.88% 26.88%
Late payment fee $100 $100
Minimum monthly repayment 3% or $50, whichever is higher 3% or $50, whichever is higher
Foreign currency transaction fee 3.25% 3.25%
Cash advance transaction fee 6% or S$15, whichever is higher 6% or S$15, whichever is higher
Overlimit fee $40 $40
Minimum income $30,000 (Singaporean) / $45,000 (non-Singaporean) $30,000 (Singaporean) / $45,000 (non-Singaporean)
Card association MasterCard Visa

10. Alternatives to OCBC 90°N Miles Cards 

The OCBC’s90°N Miles card stands out as a sustainable long-term miles card that you’ll want to keep around even after the generous promos end. You can earn miles in Travel$ (Travel$1 = 1 KrisFlyer mile), and they never expire, so you can earn them for as long as you like. Ka-ching! 

This puts the OCBC 90°N Card in the same category as the beginner-friendly air mile cards DBS Altitude and Citi PremierMiles credit cards, whose miles also do not expire. 

Citibank logo
MoneySmart Exclusive
Local Spend
S$1 = 1.2 Miles
All Foreign Currency Spend including Retail and Online
S$1 = 2 Miles
Selected Online Hotel Bookings
S$1 = Up to 10 Miles
Stand a chance to be one of the 3 lucky winners of our 100% Cashback Lucky Draw when you shop at the MoneySmart Membership store with your Citibank Credit Card!

Valid until 30 Nov 2022
DBS logo
Earn Miles That Never Expire
Local Spend
S$1 = 1.2 Miles
Overseas Spend
S$1 = 2 Miles
Staycation bookings
S$1 = 10 Miles

Here’s a quick comparison of the 4 entry-level miles cards. All 3 cards have the same minimum income ($30,000) and annual fee ($192.60, first year waived):

OCBC 90°N Mastercard  OCBC 90°N Visa  DBS Altitude   Citi PremierMiles
Earn rate (local) $1 = 1.2 miles $1 = 1 mile $1 = 1.2 miles $1 = 1.2 miles
Earn rate (overseas) $1 = 2.1 miles $1 = 2 miles $1 = 2 miles $1 = 2 miles
Minimum for redemption 1,000 miles 1,000 miles 10,000 miles 10,000 miles
Conversion fee Free Free $26.75 $26.75
Miles expiry None None None None

Given that the miles earn rate is nearly the same across all cards, the OCBC 90°N Miles Cards turn out to be the best in terms of redemption flexibility.  

In conclusion, if the ease of use is a big deal to you, the OCBC 90°N Miles Cards are definitely ones to look into.