OCBC 365 MasterCard
10x OCBC$ per RM1 on weekend dining, grocery & shopping (5x on weekdays)
Apply for OCBC 365 MasterCard →Last updated 7 August 2026 · Reviewed by Raymond, Rates.my
OCBC Bank OCBC 365 MasterCard overview
The OCBC Bank OCBC 365 MasterCard is a Card-tier Mastercard points card built around rewards points. 10x OCBC$ per RM1 on weekend dining, grocery & shopping (5x on weekdays). It best suits middle-income earners, with a minimum income requirement of RM48,000 a year. It has an annual fee of RM100 (free 1st year (till 31 dec 2026), then waived with rm20,000/yr retail spend).
Features & benefits
- ✓10x OCBC$ per RM1 on weekend dining, grocery & shopping
- ✓5x OCBC$ per RM1 on the same categories on weekdays
- ✓Bonus OCBC$ capped at 20,000 per statement cycle, then 1x unlimited
- ✓RM100/yr principal, RM50 supplementary — free 1st year till 31 Dec 2026
Is the OCBC 365 MasterCard worth it?
The OCBC 365 MasterCard is best suited to middle-income earners — its minimum income requirement is RM48,000 a year (about RM4,000 a month). As a points card, it works best for people who will actively redeem rewards points for vouchers, gifts or air miles.
- +Annual fee waivable (free 1st year (till 31 dec 2026), then waived with rm20,000/yr retail spend)
- +Earns 10 reward points per RM1 spent
- −RM100 annual fee unless the waiver condition is met
- −Rewards only pay off if you actively redeem your points or miles
- −Like any credit card, finance charges apply if you don't pay the balance in full each month
How much could you earn?
At 10 points per RM1, around RM2,000 of monthly spending earns about 20,000 points a month — redeemable for vouchers, gifts or air miles depending on the programme. This is illustrative; redemption value varies.
Eligibility & how to apply
Requirements are general guidance — OCBC Bank sets the final approval criteria. Confirm current terms before you apply.
The fine print, decoded
Before you apply, read OCBC Bank's official terms & Product Disclosure Sheet — the cashback caps, category exclusions and fees are all set out there.
📄 Official OCBC 365 MasterCardterms & product disclosure →OCBC 365 MasterCard FAQ
You need a minimum annual income of RM48,000 (about RM4,000 a month). OCBC Bank also considers your overall credit standing.
The annual fee is RM100, but it can be waived: free 1st year (till 31 dec 2026), then waived with rm20,000/yr retail spend.
It earns 10 reward points per RM1 spent. 10x OCBC$ per RM1 on weekend dining, grocery & shopping (5x on weekdays).
No — the OCBC 365 MasterCard is a conventional credit card. Check with OCBC Bank for any Islamic (card-i) equivalent.
It's a good fit for middle-income earners who want rewards points — its main draw is "10x OCBC$ per RM1 on weekend dining, grocery & shopping (5x on weekdays)". Weigh the RM100 annual fee against how much you'll earn back. Compare it with the related cards below before applying.
See how the OCBC 365 MasterCard compares
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Rates, fees and promotions are indicative and time-limited — always confirm current terms with OCBC Bank before applying. Not financial advice. Rates.my is an independent comparison site, not affiliated with or endorsed by OCBC Bank; card names and logos belong to their respective owners. Spotted an error or need a correction or takedown? Contact Raymond at raymond@rates.my.