Credit Cards

Here’s How to Maximise Your Credit Card Spending This Festive Season for Air Miles and Cashback Galore

ocbc 90n card festive season

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Ho ho ho! You know the festive season is upon us when shopping malls islandwide are starting to break out the decor and jolly tunes.

During this time, most of us belong to either of these two camps: Shopping for Christmas presents or making those last minute travel plans. So naturally we are on the lookout for good deals like the recent 11.11 sale and airfare promotions.

If you’ve been following our blog, you will know that OCBC just launched a new credit card in August (check out our independent review of the OCBC 90°N Card). Though marketed as an air miles card, there are so many other ways to maximise it, especially when the miles earning rate is at an all-time-high during the launch promo period.

Ready to get the most mileage (pun intended) for your buck? Read on.

 

Go ahead, book that year-end holiday

Just to put things in perspective, here are the current promotional miles earning rates if you plan to travel soon:

Type of spend OCBC 90°N Card miles earn rate (promo — till 29 Feb 2020)
Accommodation Earn 8 mpd on your accommodation*

*For Agoda/Expedia (must be via these designated OCBC booking links), Airbnb, Millennium Hotels and Resorts, and Mr & Mrs Smith

Flights Earn 4 mpd on your flight booking

**For Singapore Airlines, SilkAir, AirAsia, Jetstar Asia, and Scoot

Shopping Earn 4 mpd on shopping at DFS/The Shilla Duty Free @ Changi Airport
Foreign currency spend S$1 = 4 miles on foreign currency spend

Note: You don’t even need to be overseas. Just ensure the spend is charged in foreign currency and not part of OCBC’s exclusion list

If you need more reason to book that much-needed holiday, here’s a comparison of miles earning rates that other similar credit cards have to offer:

Type of spend OCBC 90°N Card miles earn rate (promo — till 29 Feb 2020) A similar air miles credit card
Accommodation Earn 8 mpd on your accommodation* Earn 3-10 mpd on your accommodation booking, higher tier earn rate limited to certain vendors
Flights Earn 4 mpd on your flight booking** Earn 3 mpd on your flight booking

(4 mpd on SQ)

Foreign currency spend S$1 = 4 miles on foreign currency spend (promo) /
S$1 = 2.1 miles on foreign currency spend (after promo)
S$1 = 2 miles

So stop hemming and hawing — go forth and travel!

 

Perks for shoppers

If you often shop for stuff online (and on overseas sites), now’s the window to make all your purchases and pamper your loved ones with gifts, because (a) you need time for the items to be shipped to Singapore, and (b) all new OCBC 90°N Card applicants will get $50 when they apply online.

With Black Friday, Cyber Monday, the crazy end-of-year sales and Chinese New Year around the corner, maximise your spend on this card by going all out on Taobao to revamp your house or refresh your wardrobe on ASOS. Go wild with gifts gleaned from Amazon, Book Depository, ColorPop, iHerb… the list goes on.

Just to recap:

Type of spend OCBC 90°N Card miles earn rate (promo — till 29 Feb 2020) A similar air miles credit card
Foreign currency spend S$1 = 4 miles on foreign currency spend (promo) /
S$1 = 2.1 miles on foreign currency spend (after promo)
S$1 = 2 miles

 

Reward time! Would it be cashback, gifts or free flights?

Congrats! So you’ve managed to earn all the bonus miles possible and accumulate a tidy number of Travel$ (AKA miles) on your OCBC 90°N Card — what’s next?

Well, cashout of course! In the form of free flights, cashback and other rewards!

Reward OCBC 90°N Card
(promo — till 29 Feb 2020)
A similar air miles credit card
Cashback Convert Travel$ to cashback @ 1.2% (local currency spend)

Convert Travel$ to cashback @ 2.1% (foreign currency spend)

1,000 Travel$ = $10 

1,000 miles = $6
Award flights Redeem in blocks of 1,000

No transfer/conversion fee

Redeem in blocks of 10,000 miles

Transfer/conversion fee $25

Redemption platform Yes, exclusive deals on STACK Marketplace Yes

So instead of taking SQ to Bali and back for 15,000 miles, you can fly Scoot instead where the minimum number of KrisFlyer miles for redemption is just 1,050 — and you can top up the difference with cash. So there’s less wastage when converting your miles for an award flight.

Even if you don’t plan to travel just yet, the miles will wait for you, as there’s no expiry.

 

Other ways to maximise this card

If you die-die want to squeeze every single drop of utility from this card, here are some additional things you can do:

  • Pay your annual fee of $192.60 to get 10,000 points (first year waived)
  • Since there’s no cap on earning Travel$, consider creating a supplementary card for that sibling who is planning to study or work overseas…
  • Planning to get married or have your pre-wed photoshoot? Do it overseas to earn miles — psst…a Bali beach wedding would be great for the ‘Gram
  • Start planning now for your New Year or CNY purchases/getaway to maximise the miles you can earn. Your choice — organise a big family trip or escape overseas to evade relatives’ pesky questions

With all the tantalising miles you can earn during the promotional period, there’s no better time to get the new OCBC 90°N credit card. Click here to find out more and to sign up.

Do you have more tips to maximise your air miles earnings? Let us know in the comments below!

 

Related articles

OCBC Finally Has an Air Miles Card! 5 Facts About the OCBC 90°N Card

The 7 Best Air Miles Credit Cards in Singapore (2019)

KrisFlyer Miles Redemption Guide – How to Start Playing the Miles Game in Singapore

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