Mastercard · ConventionalOCBC · MALAYSIA
OCBC 365 Mastercard
Min. annual incomeRM48,000RM4,000 / month equivalent
Principal annual feeRM100
Card networkMastercardConventional card
THE DETAILS
Benefit breakdown
OCBC$ earning
| Category | Higher-rate days | Other days |
|---|---|---|
| Dining, groceries and shopping | 10X Saturday / Sunday | 5X Monday–Friday |
| Utilities, petrol and eligible insurance | 1X | 1X |
| Other categories | No OCBC$ | No OCBC$ |
Higher-rate points are capped at 20,000 per statement cycle, after which eligible spending earns 1X. Great Eastern premiums, government, JomPAY / FPX / DuitNow QR and transactions coded to the UK / EU / listed European countries are excluded where specified. OCBC$ expire after five years.
Fees & charges
- Principal annual fee
- RM100
- Supplementary annual fee
- RM50; applicable first-year / subsequent waiver conditions remain separate.
- Annual-fee waiver
- First-year waiver offered through 31 December 2026; then waiver at RM20,000 annual retail spend.
- Retail interest / effective profit rate
- 15% / 17% / 18% p.a., based on prompt-payment history.
- Cash advance interest / profit
- 18% p.a., normally calculated daily without a retail grace period.
- Service tax
- RM25 for each principal / supplementary card; an annual-fee waiver does not waive this tax.
- Cash advance fee
- 5% of amount advanced or RM20, whichever is higher, plus applicable tax.
- Minimum monthly payment
- 5% of outstanding balance or RM50, plus full contracted monthly card-plan / ABC instalments.
- Late payment
- Higher of RM10 or 1% of relevant retail / cash outstanding, capped at RM100.
- Foreign currency conversion
- 1% bank administration cost plus the network conversion rate / transaction fees. Premier Private Client Voyage exemption applies where eligible.
- Replacement card
- RM35 for 365; RM50 for ordinary cards / recycled-PVC Voyage, RM500 for metal Voyage.
- Retail grace period
- 20 days from statement date when the account has no outstanding carried balance; not applicable to cash advances / balance transfers.
Requirements
- Minimum annual income
- RM48,000
- Principal age
- At least 21 years
- Supplementary age
- At least 18 years
- Application conditions
- Published income threshold; residency, income documents and bank credit assessment also apply.
Product features
- Income documents
- NRIC / passport and accepted income evidence such as payslips, EPF, tax assessment and supporting bank statements. Self-employed applicants also need business registration and business statements. Foreign applicants must satisfy the bank’s work-permit / residency requirements.
- OCBC$ cash-credit redemption
- Redeem via OCBC Malaysia Mobile Banking. The March 2026 terms illustrate 12,000 OCBC$ for RM20 cash credit; minimum redemption is RM10, with eligible account-activity rules. This is points redemption, not an automatic cashback programme.
Annual fees exclude applicable tax and transaction charges. Bank approval and current product terms apply.