Which Gift to Pick For OCBC Welcome Promo?
Getting your first OCBC Card or reapplying after cancelling yours more than 12 months ago? The latest promo has so many options (I count 12!) you may not know which to choose. Here’s my take on which you should choose.
💳 A new OCBC cardholder refers to those who do not currently have a principal OCBC credit card, and have not cancelled any in the past 12 months. Refer to the terms and conditions for specific terms.
Promo Details
With up to 6 miles per dollar possible (worth 4.16% cashback) with no minimum spend, the OCBC Rewards is the strongest OCBC card we have right now.
Tap here for other OCBC cards you can choose from.
Which Gift to Pick?
Here’s quick summary on what I feel the gifts are worth:
| Gift | Advertised Worth | My Take |
|---|---|---|
| S$420 Cash | S$420 | S$420 |
| 25,000 Max Miles | S$600+ | ~S$450 to S$490 |
| Dyson Airstrait | S$799 | ~S$450 to S$589 |
| Dyson V8 Cyclone | S$559 | ~S$350 to S$509 |
| 20,000 KrisFlyer Miles (for OCBC 90°N and OCBC Rewards) | Round trip to Bali | ~S$300 |
Dyson Airstrait
If you want the Dyson Airstrait, the recommended retail price is S$799, though Dyson itself has been discounting it to S$589. It is also possible to get it at major electronics retailers at lower prices, or even Carousell if you’re willing to deal with individuals for potentially cheaper prices. I would say this option is realistically worth at least S$450, and even if you do not want the gadget it should be possible to sell it off at this price with a little bit of effort.
25,000 Max Miles
My pick would be the currently upsized option of 25,000 Max Miles. Using HeyMax’s FlyAnywhere programme, you can buy any air ticket from any airline and redeem your miles at 1.8 cents each for reimbursement. For instance, if you booked a plane ticket that costs S$450 (earning rewards on the card you choose to use), you can redeem 20,000 Max Miles and get S$360 in cash reimbursed to your account. 25,000 Max Miles are hence worth S$450 easily.
For those booking hotels with Accor, Max Miles can be used at very good value. Each Max Mile can offset around 1.96 cents of spend with the hotel chain, making 25,000 Max Miles worth around S$490 if you choose to use them this way.
20,000 KrisFlyer Miles
KrisFlyer miles may be tempting to those who are collecting miles, but they’re quite a bit less attractive than the other gift options available. While the value of each mile can differ based on how you use them, I think KrisFlyer miles can generally be valued at 1.5 cents each. That makes 20,000 KrisFlyer miles worth S$300 in my books.
S$420 Cash
Cash is king, and even though S$420 might be lower in value than a couple of the other options, cash has zero fuss. That’s worth a premium to many.
My Pick
For reasons above, 25,000 Max Miles would be represent the best value, which is more or less on par with Dyson Airstrait if you want the device or are willing to put in some effort to sell it off. Cash comes in 3rd, but it’s is probably the best option for those who want zero fuss.
Subscribe for more deals and updates!
If you’re someone who wants to earn more from credit cards, savings accounts and other financial deals, stay subscribed to the Telegram or WhatsApp so you can be notified of news and deals. Remember to unmute and turn on notifications or the updates may not reach you.
Seth Wee was a licensed financial adviser representative from 2009 to 2025, with over 16 years of experience in Singapore’s financial advisory industry.
He started Sethisfy.com in 2019 to share practical insights on credit cards, banking products, and miles strategies, helping readers identify financial products that deliver the best value. Seth has been featured in CNA, Channel 8, Today, and a host of other publications. In 2025, he was also part of a panel at CPF’s Ready For Life festival.
Subscribe to the channel for free updates!
Disclaimer: I may receive an affiliate/referral fee when you sign up for services/products on this site, and such fees keep the site running. I would only recommend services/products I would personally use or recommend to my own friends and family, but I do not provide any warranty or guarantee for the quality of these services/products. Thank you for supporting my site!
Please exercise due diligence when signing up for any service/product as I will not be liable for any personal loss, financial or otherwise. Content published here are my sole views and personal opinion, and none of the information here constitutes personal financial advice nor represents the views of my employer(s).