If you’re an OCBC 90°N cardholder, you might want to try your luck in a promotion running from today until 30th September 2020, with the top 10 retail spenders winning one of three prizes, the best being a 2-night staycation worth S$1,800 at Resorts World Sentosa.
Entry is automatic for everyone, so all you need to do to win is try and be among the top 10 spenders over the 40-day promotion period.
The offer
It’s quite simple really – provided you’re an existing OCBC 90°N cardholder whose account is in good standing and remains so until the gift is awarded, all you need to do is spend.
The problem of course is that no one really knows how much they’ll have to spend to be among the top 10 with the highest amount in qualifying transactions during the promotion, so there’s a chance you could try really hard to win a prize in this contest, but still end up with nothing.
Here are the gifts on offer for the winners.
| Top Spenders | Gift |
|
|
Resorts World Sentosa Stay and Play Package
|
|
|
Michelin-star table65 Set Dinner
|
|
|
Takashimaya Vouchers
|
Winners will be notified via SMS by 31st October 2020, one month after the qualifying spend period ends. For those winning the staycation or dinner, OCBC will send a prize letter that you’ll have to take along with you to redeem.
The staycation package requires 7-day advance booking, with validity dates to be advised on the prize letter.
Currently only one of the hotels offered, Hotel Michael, has been approved to accept staycation bookings, however it seems likely that Hard Rock Hotel and Festive Hotel will follow in due course.
The dinner at table65 prizes also require 7-day advance booking. They have a 6-month validity and are not redeemable on public holidays or the eve of public holidays.
Spend exclusions
Your total retail spend will be accounted for during this promotion including online spend, with the exception of the following excluded organisations by Merchant Category Code (MCC):
- Charitable/ religious organizations (MCC: 8398, 8661)
- Real estate agents and managers (MCC: 6513)
- Utilities (MCC: 4900)
- Trading Platforms (MCC: 6211, 6051)
- Government institutions and services (MCC: 9399, 9211, 9222, 9223, 9311, 9402, 9405)
- Insurance Underwriting, Premiums (MCC: 6300, 6399, 5960)
- Prepaid accounts/ prepaid card (MCC: 6540)
- Education (MCC: 8211, 8220, 8241, 8244, 8249, 8299)
- Gambling (MCC 7995)
- Parking Lots, Parking Meters and Garages (MCC: 7523)
- Nondurable Goods (MCC: 5199)
- Wire Transfer Money Orders (WTMOs) (MCC: 4829)
- Financial Institutions – Merchandise, Services, and Debt Repayment (MCC: 6012)
- Political Organizations (MCC: 8651)
- Banks – Manual Cash disbursement/Automated Cash Disbursement (MCC: 6010, 6012)
- Cleaning, Maintenance and Janitorial Services (MCC: 7349)
- Singapore Government Public Hospitals including Non-Profit Hospitals, Community Hospitals and Polyclinics (MCC 8062)
- Tolls and Bridge Fees (MCC: 4784)
- Cigars Stores and Stands (MCC: 5993)
- Automobile Associations (MCC: 8675)
- Labor Union (MCC: 8699)
Transportation and Tolls under MCC 4111/4121/4131 are also excluded, except for transactions with Grab Transport, Gojek and licensed taxi operators (including Comfort/Citycab/Transcab/SMRT Taxi/ Premier Taxi/Prime Taxi/HDT Taxi).
Both CardUp and ipaymy are still included as eligible transactions, so larger payments like property rental and income tax might be a good way to rack up the spend, subject to your credit limit.
Full terms and conditions are available here:
Be careful to note that if you are a winner and then cancel your OCBC 90°N card within 6 months of the end of the promotion period (i.e. on or before 31st March 2021), OCBC reserves the right to claw back the value of your gift.
That seems ridiculous given that you could win without knowingly entering the contest.
Summary
The problem with credit card “top X spenders” promotions is that you don’t know how much you’ll need to spend in order to be in with a chance to win a prize, especially when there are only 10 prizes to go around like in this promotion.
Nonetheless if you want to give it a try then remember card payment companies like CardUp and ipaymy are included as eligible spend (there are still some great income tax payment deals via credit card).
If your OCBC 90°N card is gathering dust and you want to take part, note that you’ll earn 1.2 mpd for local spend and 2.1 mpd for foreign currency spend, but that transactions are rounded down to the next S$5 denomination for miles earning, adversely affecting the “real” earn rate for some smaller payments.
(Cover Photo: Resorts World Sentosa)