OCBC is offering a new welcome bonus for those signing up for its Voyage card between now and the end of March 2023, with 30,000 miles credited to your account on payment of the first year annual fee, plus a minimum spend of S$2,500 in the first month.
That’s not quite as good as a recent 30,000 miles bonus with no minimum spend, which was offered between 1st October and 30th November 2022, but has unfortunately since ended.
Normally this card offers a 15,000 miles sign-up bonus, so the 30,000 miles bonus with S$2,500 spend is still a great opportunity if you were on the fence about signing up, effectively ‘buying’ miles for 1.64 cents each (assuming you have S$2,500 spend to make anyway), even if you place no value on the card’s other perks.
To qualify you’ll simply have to be new to the OCBC Voyage card as a principal cardholder, or have cancelled your last OCBC Voyage card as principal cardholder at least three months prior to your new application.
Those holding other OCBC credit cards, like the Titanium Rewards, or who are supplementary OCBC Voyage cardholders, are eligible as new principal Voyage cardholders.
The non-waivable annual fee of S$492.50 (including GST) must be paid.
How it works
You will qualify to receive 30,000 Voyage Miles (transferable to 30,000 KrisFlyer miles) provided you:
- Apply during the promotion period of 1st February 2023 to 31st March 2023.
- Make an eligible spend of S$2,500 by the end of the first full calendar month of approval (e.g. if your card account opening date is 15th February 2023, the qualifying spend period will be from 15th February 2023 to 31st March 2023).
- Pay the annual fee of S$492.50 (inclusive of GST).
If you do not meet the eligible spend of S$2,500 in the first full calendar month, you will instead be eligible for the card’s year-round 15,000 Voyage Miles sign-up bonus, on payment of the annual fee.
The 30,000 bonus miles (or 15,000 miles if you don’t hit the spend threshold) will be credited your card account within three months of the end of your qualifying spend period (e.g. by 30th June 2023, in the above example for a card approved on 15th February 2023).
Eligible spend for the S$2,500 you’ll need to clock to maximise this promotion refers to any retail transaction (including face-to-face or online purchases) excluding those defined in Section 1.4 of the Terms and Conditions Governing the Voyage Credit Card Programme, available here.
Noteworthy exclusions include:
- Charitable donations
- EZ-Link transactions
- Grab and GoJek rides
- GrabPay top-ups
- Government services
- Insurance premiums
- Tax payments
- Utility bills
Terms and conditions
Full terms and conditions for this promotion are available here:
About the OCBC Voyage card
Unfortunately the OCBC Voyage card made headlines for the wrong reasons last month, with cardholders having their annual complimentary limo ride entitlement slashed from 24 per year to just 8 per year, while points transfers to airline miles like KrisFlyer, previously free, now all incur a fee of S$25 per conversion.
Nonetheless, the card earns 1.3 mpd for local spend and 2.2 mpd for foreign currency transactions, and offers unlimited access to Plaza Premium airport lounges.
It also offers 15,000 miles on renewal each year, for payment of the annual fee, while transfers to KrisFlyer miles are available in one-mile denominations.
Later this month, eight new hotel and airline transfer partners will also be added to the card’s repertoire:
- Accor Live Limitless
- Air France-KLM Flying Blue
- British Airways Executive Club (and indirectly, Qatar Airways Privilege Club)
- Cathay Pacific
- Etihad Guest
- IHG One Rewards
- Marriott Bonvoy
- United MileagePlus
Transfer ratios from Voyage Miles into these programmes have not yet been announced.
You can also take advantage of the card’s Annual Service Fee Upgrade, by paying S$3,240 and receiving 150,000 KrisFlyer miles, though this means buying miles at 2.16 cents each, which is somewhat over the odds in our book.
Do note that if you opt for the S$3,240 annual fee option, you’ll get KrisFlyer miles credited directly, not Voyage Miles which can then potentially be transferred elsewhere.
For full details about the card, see our comprehensive review, covering all its features.
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on local spend
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