OCBC 365 Mastercard Credit Card| OCBC Malaysia

OCBC 365 MASTERCARD

Unlimited cashback for the savings seeker

Why you will love this

Up to 5% unlimited cashback on everyday spending*

No annual fees for the first year**

Who can apply

Anyone at least 21 years old

Must have an annual income of at least RM48,000

If growing your savings get you excited, look no further than OCBC 365 Mastercard and its great saving features.

FEATURES AND BENEFITS

Earn 0.05% cashback on everyday spending* ​

For spend up to RM1,000 on everyday spending. ​

For spend up to RM1,000 on everyday spending. ​

Earn 5% cashback on subsequent everyday spending ​

For subsequent spend above RM1,000 - RM1,500 (capped at RM20 cashback per month).

For subsequent spend above RM1,000 - RM1,500 (capped at RM20 cashback per month).

Get unlimited cashback​

Earn 0.5% unlimited cashback on subsequent everyday spending above RM1,500.

Earn 0.5% unlimited cashback on subsequent everyday spending above RM1,500.

No annual fees for the first year**

An annual fee will be charged in subsequent years at RM100 a year on your principal card, and RM50 a year on your supplementary card.

An annual fee will be charged in subsequent years at RM100 a year on your principal card, and RM50 a year on your supplementary card.

*Cashback is only rewarded for spending related to Dining, Shopping, Groceries, Utilities, Petrol, and Insurance Premiums (“Everyday Spending”). Other spend categories are not entitled for Cashback. Insurance Premiums exclude Great Eastern Insurance Premiums.​
**For first-time OCBC Credit Card customers and those who have not held any OCBC Credit Cards in the last 12 months. Valid till 31st December 2024.​

CURRENT PROMOTION
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Get a chance to win a trip for 2 to Kyoto, an Apple Watch Series 9 and more when you apply or spend with OCBC cards.

Promotional Period: 15 May 2024 – 14 August 2024.

Find out more 

BEFORE YOU APPLY

Eligibility requirements

Minimum age

21 years old

Annual income

Minimum RM48,000 per annum


Fees & charges

Principal card

RM100 a year (waived for first year)

Supplementary card

RM50 a year (waived for first year)

Product disclosure sheet


Required documents

Multinational company, Public listed company, Government linked company, Government servant

  • Photocopy of MyKad (both sides) or passport (for foreigner) with working permit validity of at least 12 months
  • Latest 1 month salary slip for fixed income / 3 months salary slips for variable income; OR
  • Latest EPF statement with at least 3 months contributions; OR
  • Latest Borang B/BE/e-filing with proof of tax payment

Non-multinational company, Non-public listed company, Non-government linked-company

  • Photocopy of MyKad (both sides) or passport (for foreigner) with working permit validity of at least 12 months
  • Latest 3 months salary slips AND 3 months supporting bank statements OR EPF statement
  • Latest EPF statement with at least 3 months contributions; OR
  • Latest Borang B/BE/e-filing with proof of tax payment

Self-employed (more than 2 years with/in current business)

  • Photocopy of MyKad (both sides) or passport (for foreigner) with working permit validity of at least 12 months
  • Form 24/29/49;
  • Business Registration certificate/print out from SSM/CTOS/CBM
  • Latest Borang B/BE/e-filling with proof of tax payment
With salary slip (except sole proprietor)
  • 6 months salary slips AND 6 months supporting bank statements
Business bank statement (shareholding must be > 50%)
  • 6 months principal bank statements
EPF statement (except sole proprietor)
  • EPF statement with at least 3 months contributions

Commission Earner (full commission earner without basic salary)

Photocopy of MyKad (both sides) or passport (for foreigner) with working permit validity of at least 12 months

Non-Great Eastern (GE)

  • 6 months commission statements with 6 months supporting bank statements

Great Eastern (GE)

  • GE HR confirmation
  • Latest Borang B/BE/e-filing with proof of tax payment

Foreigner/Malaysian working abroad

Salaried/Employed

  • Latest 3 months salary slips AND supporting bank statements; OR
  • CPF statement for Singaporean and Malaysian with Singapore PR; AND
  • Valid work permit if employment is not in home country; OR
  • Permanent Residential ID (for Singapore PR)

Self-employed

  • Latest Tax Assessment from specific country; AND
  • Valid work permit/Permanent Residential IR requirement as per salaried above


Important notices

Notices

OCBC 365 Rebate Programme

OCBC Bank (Malaysia) Berhad merely provides payment convenience and disclaims all liabilities and obligations in respect of any products, services or representations by third parties. Usage of OCBC Credit Cards is subject to the terms and conditions in the OCBC Cardmember's Agreement.


or call us at +603 8317 5000.

Monday to Friday 8am to 10pm
(Excluding public holidays)

FAQS
Common questions
See all questions
What can I get from my OCBC 365 Mastercard?

Cardmember can earn cashback on purchases validly charged to the Cardmember’s OCBC 365 Mastercard as provided in the table below:-

Table 1

Cashback Transactions For Cashback Calculation
First RM1,000 of Total Everyday Spending – 0.05%

Total Everyday Spending (Table 2 and Table 3) billed for the month

Subsequent Total Everyday Spending of RM1,000 — RM1,500 – 5%
(capped at RM20 cashback monthly)
Subsequent Total Everyday Spending of above RM1,500 – 0.50%
Is there a maximum cashback limit applicable on the OCBC 365 Mastercard?

No there is no maximum cashback limit on your Total Everyday Spending.

Below are the examples of cashback calculation:

Illustration 1

Everyday Spending Amount Cashback Calculation Cashback Amount
RM1,000 RM1,000 x 0.05% Cashback RM0.50

Illustration 2

Everyday Spending Amount Cashback Calculation Cashback Amount
RM3,000 First RM1,000 x 0.05% Cashback RM0.50
Subsequent RM500 x 5% Cashback (capped at RM20 per month) RM20.00
Subsequent RM 1,500 x 0.50% Cashback RM7.50
Total RM28.00
What does Total Everyday Spending mean?

Total Everyday Spending means the total amount you spend on regular or “everyday” purchases as outlined in Table 2 and Table 3 below. The right hand column shows items that are not considered “everyday spending.”

Table 2

Everyday Spending*

(Transaction Below Are Included For Cashback Calculation)

Non-Everyday Spending

(Transaction Below Are Excluded From Cashback Calculation)

  1. Local and overseas/foreign currency purchase
  2. Auto Debit/Recurring
  3. Online Purchases/e-wallet/E-Commerce
  4. Instalment Payment Plan (IPP)
  5. Mail Order/Telephone Order
  1. Easy Payment Plan (EPP)
  2. Balance Transfer (BT)
  3. Call for Cash (CFC)
  4. Power Credit Cash Plus
  5. Outstanding Balance
  6. Auto Balance Conversion
  7. Cash Advance
  8. Finance Charge
  9. Annual Fee
  10. Late Payment Charge
  11. Reversal on Transaction
  12. Disputed Transaction
  13. Fraudulent Transaction
  14. Card Replacement Fee
  15. Service Tax
  16. Other Fees and Charges
  17. Donations to Charitable and Social Service Organisations
  18. Government-related payments
  19. Great Eastern Life/General Insurance
  20. Jompay, FPX and Duitnow QR transactions
  21. Any transactions made in the United Kingdom, or in the country which is a member of the European Economic Community (EEC) or European Union (EU) including Aland Islands, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, French Guiana, Germany, Gibraltar, Greece, Guadeloupe, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Martinique, Mayotte, Netherlands, Poland, Portugal, Reunion, Romania, Saint Martin, Slovakia, Slovenia, Spain, Svalbard and Jan Mayen, Sweden, Iceland, Liechtenstein and Norway.

 

*The Everyday Spending under cashback calculations is based on the Merchant Category Codes (MCC) as stated in Table 3 (or as stated on the OCBC Website from time to time), and excludes transactions in countries specified in items (21) under Non-Everyday Spending (including online/e-commerce transactions made to merchants tagged to the aforementioned countries).​

 

Table 3

Category Eligible MCC
Dining

5811, 5812, 5462, 5814

Grocery

5411, 5422, 5441, 5451, 5499, 9751, 5912

Shopping

5310, 5311, 5331, 5399, 5947, 5948, 5949, 5950, 5964, 5965, 5966, 5967, 5969, 5970, 5971, 5973, 5992, 5993, 5999, 5094, 5300, 5309, 5611, 5621, 5631, 5641, 5651, 5655, 5661, 5681, 5691, 5697, 5699, 5931, 5941, 5942, 5943, 5944, 5945, 5977, 7278

Utilities

4900, 5968, 4899, 4813, 4814

Petrol

5172, 5541, 5542, 9752

Insurance Premiums*

5960, 6300, 6381

*Insurance Premiums excludes Great Eastern Insurance Premiums.

 

When will I get my cashback?

The cashback is accumulated based on your monthly billing cycle and will be credited into your Credit Card account on the last day of your billing cycle.

Will my supplementary Card enjoy the same benefits as I do?

Yes. Supplementary Cardmembers will also enjoy the same benefits as Principal Cardmembers.

See all questions