OCBC Plus! Visa Card

OCBC and NTUC tie-ups had resulted in two different credit cards – a OCBC Plus! Visa card and a OCBC NTUC Plus! Visa card.

While I find that there isn’t much difference between the two cards, there is one distinct difference. OCBC Plus! Visa card is applicable to non union members while NTUC Plus! Visa card is only for union members.

For today’s post, I’ll be making references to OCBC Plus! Visa card (the non union one) and restricting to the benefits when using the card at NTUC.

One of the key benefits is an 8% discount on Fairprice house brands. This is a very high percentage discount for groceries. Unfortunately, the limit is that it is only applicable to Fairprice house brands. But then again, if you are not a brand conscious person, some products carrying house brands can be quite good in terms of the quality for a lesser price. This is a good choice if you are looking to save some money. And adding a 8% discount on top of an already cheaper price, it makes the whole deal even better. And NTUC does carry a number of house brands.

On top of this upfront discount, the swiped amount (or net amount spent) is still eligible for points accumulation. For this card, all points are in the form of Linkpoints (NTUC points that can be redeemed at NTUC). Every $1 spend will earn you 2 Linkpoints. And every 150 Linkpoints accumulated is equal to a $1 that can be used to offset your next NTUC purchase.

Generally, I try to accumulate a minimum spending of $20 in single receipt because this is the amount needed to have the points credited.

And I do a redemption some time in May/June every year because that’s when the points will expire.