The Ultimate Family Companion? OCBC Platinum Credit Card Review 2025

For Singaporean families seeking everyday savings, the OCBC Platinum Credit Card positions itself as a versatile lifestyle companion. But does it deliver value in 2025’s competitive landscape? We dissect its perks, pitfalls, and positioning.

💳 Key Features & Benefits: Where the Card Shines

1. Rewards Structure:

• 5 OCBC$ per S$5 spent (equivalent to 1 OCBC$ per S$1 or 0.4 air miles per dollar) on all transactions .
• OCBC$ are redeemable for cash rebates, air miles, vouchers, or retail products via OCBC’s Rewards Portal .

1. Family-Centric Perks:

• Travel: Exclusive Expedia deals on flights, hotels, and packages .
• Dining: Discounts at Paradise Group outlets and other partner restaurants .
• Wellness: Spa package discounts and 0% instalment plans for health/beauty services .

1. Supplementary Cards:

• Free for the first two years (normally S$81.75/year), making it easy to extend benefits to family members .

⚠️ Fees, Eligibility & Fine Print

Category	Details
Annual Fees	S$163.50 (principal), waived first 2 years. Waiver requires S$10,000 annual spend .
Income Requirements	S$30,000/year (Singaporeans/PRs), S$45,000/year (foreigners) .
Penalties	Late payment fee: S$100; High interest: 26.88% p.a. .

Note: One user reported aggressive late-fee enforcement after missing a “few dollars” on payment, resulting in a S$200+ charge . Always pay on time!

🤔 How It Compares to Other OCBC Cards

While versatile, the Platinum isn’t OCBC’s top earner:

Card	Best For	Rewards Rate	Annual Fee
Platinum Credit	Family deals	1 OCBC$/S$1 (0.4 mpd)	S$163.50 (waived Y1-2)
OCBC 365	Cashback	5% dining, 6% petrol, 3% groceries	S$196.20 (waived)
OCBC 90°N	Travel miles	2.1 mpd (overseas), 1.3 mpd (local)	S$196.20 (waived Y1)
OCBC Rewards	Shopping	6 mpd at select retailers (e.g., Watsons)	S$196.20 (waived)

Verdict: The Platinum lags behind for miles/cashback enthusiasts but wins for bundled lifestyle discounts.

⚠️ Critical Drawbacks to Consider

• Low Rewards Efficiency: At 0.4 mpd base rate, it’s outperformed by most premium cards (e.g., UOB Lady’s Solitaire offers 4 mpd) .
• Strict Waiver Policy: Fee waivers require S$10,000/year spend—higher than some competitors .
• Niche Use Cases: Benefits like Expedia/Paradise deals only matter if you frequent those partners .

💡 Ideal User Profile

This card suits:

• Families leveraging dining, travel, and wellness discounts.
• Occasional spenders who value simplicity over max rewards.
• Supplementary card users benefiting from zero fees in early years.

Skip it if: You chase miles (get OCBC 90°N) or cashback (OCBC 365) .

✅ The Bottom Line

The OCBC Platinum Credit Card is a solid lifestyle card for families but a weak earner for rewards optimizers. Its 2025 relevance hinges on whether you:

1. Regularly use Expedia, Paradise Group, or partner spas.
2. Value supplementary cards for household spending.
3. Can reliably hit S$10,000/year for fee waivers.

Pro Tip: Pair it with OCBC’s high-interest savings accounts (e.g., OCBC 360) to compound value from spending .

For limited-time offers, check OCBC’s site or SingSaver (e.g., free AirPods on sign-up) .

Have you used the OCBC Platinum Card? Share your experiences below! 👇