To fully maximise this deal, you should spend the S$1,000 each month on online food delivery or dining, if you can – the spend amount will trigger the 6% bonus cashback (since it is above the minimum spend requirement of S$800), and it will earn you S$60 cashback each month, giving you a total of S$120 cashback over two months.
Getting S$370 bonus cashback from spending S$2,000 is effectively an 18.5% cashback and this is definitely a golden opportunity that you do not want to miss.
A Rare Opportunity to Earn S$490 Cashback Over Two Months
If you are an eligible new-to-card OCBC customer, applying for the OCBC 365 Credit Card now can earn you up to S$490 cashback over two months:
● S$120 bonus cashback from recurring insurance premium payments;
● S$250 bonus cashback for eligible new customers who spend S$1,000 per month for two consecutive months after card approval; and
● S$120 bonus cashback from spending the S$1,000 each month on online food deliveries or dining (6% cashback)
As mentioned earlier, insurance premium payments are generally excluded from most credit card rewards, and therefore, it is almost impossible to earn points or cashback from these transactions on a normal day. Being able to get up to S$120 cashback from just two months of recurring premium payments is a rare opportunity that should not be passed up lightly.
This post was created in collaboration with OCBC, but opinions remain those of The Shutterwhale.