DBS Live Fresh vs Ocbc 365 — Singapore (2026)
Side-by-side comparison of DBS Live Fresh and Ocbc 365 for Singapore users. Fees, rewards, and who each card suits best. Winner ranked by net value on a moderate spend profile — fees and caps included. Winner ranked by net value on a moderate spend profile — fees and caps included.
Updated 19 September 2026·2 cards · 3 min scan·CardHungry
Top pick · OCBC 365 Credit Card
Net / yr
$696
Annual fee
$192
Return
2.4%
Comparison
Net annual value · moderate spend
Comparison winner: OCBC 365 Credit Card, $696 per year net
OCBC 365 Credit Card
OCBC
Net / yr
$696
Fee
$192
Top
6%
- ✓Wins this head-to-head — about $696/yr net after fees on typical spends.
- ✓Best for dining, groceries, transport — 6%, up to S$80/mo per category.
OCBC 365 Credit Card
OCBC
Net / yr
$696
Fee
$192
Top
6%
- ✓Wins this head-to-head — about $696/yr net after fees on typical spends.
- ✓Best for dining, groceries, transport — 6%, up to S$80/mo per category.
DBS Live Fresh Card
DBS
Net / yr
$324
Fee
$192
Top
5%
- ✓Strong runner-up at $324/yr net — roughly $372 behind #1 on the same spend mix.
- ✓Best for online/contactless — 5%, up to S$60/mo.
Why the other card ranks lower
Ranked by net annual value on a moderate spend profile. Each line ties to issuer T&Cs, fees, caps, and your eligibility band. How we calculate NAV
- Strong runner-up at $324/yr net — roughly $372 behind #1 on the same spend mix.
- Best for online/contactless — 5%, up to S$60/mo.
- Fee likely waived if you spend $10,000/yr — worth it on moderate usage.
2DBS Live Fresh CardDBS
- Strong runner-up at $324/yr net — roughly $372 behind #1 on the same spend mix.
- Best for online/contactless — 5%, up to S$60/mo.
- Fee likely waived if you spend $10,000/yr — worth it on moderate usage.
Full review →Net / yr
$324
Why each card ranks here
Ranked by net annual value on a moderate spend profile. Each line ties to issuer T&Cs, fees, caps, and your eligibility band. How we calculate NAV
- Wins this head-to-head — about $696/yr net after fees on typical spends.
- Best for dining, groceries, transport — 6%, up to S$80/mo per category.
- Rewards ($922/yr) still beat the $192 fee on this profile.
1OCBC 365 Credit CardOCBC
- Wins this head-to-head — about $696/yr net after fees on typical spends.
- Best for dining, groceries, transport — 6%, up to S$80/mo per category.
- Rewards ($922/yr) still beat the $192 fee on this profile.
Full review →Net / yr
$696
- Strong runner-up at $324/yr net — roughly $372 behind #1 on the same spend mix.
- Best for online/contactless — 5%, up to S$60/mo.
- Fee likely waived if you spend $10,000/yr — worth it on moderate usage.
2DBS Live Fresh CardDBS
- Strong runner-up at $324/yr net — roughly $372 behind #1 on the same spend mix.
- Best for online/contactless — 5%, up to S$60/mo.
- Fee likely waived if you spend $10,000/yr — worth it on moderate usage.
Full review →Net / yr
$324
Net value snapshot
Rewards minus annual fee on your spend profile
- #1OCBC 365 Credit Card$696#1OCBC 365 Credit Card$696
- #2DBS Live Fresh Card$324#2DBS Live Fresh Card$324
Before you apply
Neither wins for everyone
dbs live fresh sg vs ocbc 365 — the better card depends on where you spend. Use net value on your profile, not headline rates.
Check caps & exclusions
Compare monthly reward caps and excluded categories (rent, wallet, EMI) before picking a winner.
Apply to one first
Each application triggers a CBS enquiry. Choose the leader for your spends, then revisit the other later.
Frequently asked questions
Dbs Live Fresh Sg or Ocbc 365 — which is better?+
Neither wins universally. Compare net annual value on your specific spends using our comparison tool. Dbs Live Fresh Sg may win for one profile; Ocbc 365 for another.
Can I apply for both cards?+
Possible, but multiple applications close together hurt approval odds. Apply to the best fit first; wait 3–6 months for a second card.
Do these cards have joining fees?+
Varies by channel and variant. See each product page on CardHungry for current joining and annual fees before applying.
How often is this comparison updated?+
Reward rates and fees are re-verified against issuer T&Cs periodically. Net value figures use CardHungry's calculator with current rules.
Is there a third card I should consider?+
Often yes. Our quiz surfaces a third option optimised for your income and spends — not just these two.
Full written guide
Methodology, tables, eligibility & fine print · ~8 min read
Full written guide
Methodology, tables, eligibility & fine print · ~8 min read
DBS Live Fresh Card vs OCBC 365 Credit Card — which credit card is better in 2026? This in-depth comparison covers reward rules, monthly caps, exclusions, annual fees, forex costs, eligibility, and net annual value across light, moderate, and heavy spend profiles. No sponsored ranking: every number comes from CardHungry's transparent calculator.
On this page
- At-a-glance table
- Net value by spend
- Reward rules
- Benefits
- DBS Live Fresh Card
- OCBC 365 Credit Card
- Exclusions compared
- Who should pick which
- Spend scenarios
- Before you apply
At-a-glance comparison
| Factor | DBS Live Fresh Card | OCBC 365 Credit Card |
|---|---|---|
| Issuer | DBS | OCBC |
| Annual fee | $192 | $192 |
| Fee waiver | $10,000/yr spend | Not published |
| Min income | $30,000/mo | $30,000/mo |
| Lounge | None | None |
| Top reward | 5% | 6% |
| Forex markup | 2.8% | 2.8% |
| Secured option | No | No |
| Moderate NAV winner | OCBC 365 Credit Card | — |
Net annual value by spend profile
| Profile | DBS Live Fresh Card | OCBC 365 Credit Card |
|---|---|---|
| Light spender net value | $128 | $196 |
| Moderate spender net value | $324 | $696 |
| Heavy spender net value | $696 | $1,829 |
Reward rules compared
| Rule | DBS Live Fresh Card | OCBC 365 Credit Card |
|---|---|---|
| Reward rule 1 | online shopping: 5% (cap $60/mo) | dining: 6% (cap $80/mo) |
| Reward rule 2 | all: 0.3% | groceries: 6% (cap $80/mo) |
| Reward rule 3 | — | fuel: 6% (cap $80/mo) |
| Reward rule 4 | — | online shopping: 3% |
Benefits compared
DBS Live Fresh Card
- 5% on online
- 5% on Visa contactless
- Fee waiver on spend
OCBC 365 Credit Card
- 6% on dining
- 6% on groceries
- 6% on transport
- 3% on online
DBS Live Fresh Card — full breakdown
DBS Live Fresh Card
Issuer: DBS · Tier: Gold · Annual fee: $192
Online & contactless cashback
Eligibility snapshot
- Min monthly income (salaried): $30,000
- Secured / FD-backed: No — standard unsecured
- Approval note: Indicative only. CBS checked by bank at application, not by CardHungry.
Reward structure
- online shopping: 5% cashback — cap $60/month
- all: 0.3% cashback
Headline highlight: 5% on Online/contactless (cap S$60/mo)
Net value estimate (moderate spend profile)
- Gross annual rewards: $358
- Annual fee: −$0
- Forex markup cost (est.): −$34 (2.8% on international spends)
- Net annual value: $324 (1.13% effective return)
Key benefits
- 5% on online
- 5% on Visa contactless
- Fee waiver on spend
Exclusions & fine print
Typically excluded or reduced: Insurance, Government payments, Balance transfers.
Best for: Online & contactless spenders
Read full DBS Live Fresh Card review with spend simulator →
OCBC 365 Credit Card — full breakdown
OCBC 365 Credit Card
Issuer: OCBC · Tier: Gold · Annual fee: $192
Daily essentials cashback
Eligibility snapshot
- Min monthly income (salaried): $30,000
- Secured / FD-backed: No — standard unsecured
- Approval note: Indicative only. CBS checked by bank at application, not by CardHungry.
Reward structure
- dining: 6% cashback — cap $80/month
- groceries: 6% cashback — cap $80/month
- fuel: 6% cashback — cap $80/month
- online shopping: 3% cashback
- all: 0.3% cashback
Headline highlight: 6% on Dining, groceries, transport (cap S$80/mo per category)
Net value estimate (moderate spend profile)
- Gross annual rewards: $922
- Annual fee: −$192
- Forex markup cost (est.): −$34 (2.8% on international spends)
- Net annual value: $696 (2.42% effective return)
Key benefits
- 6% on dining
- 6% on groceries
- 6% on transport
- 3% on online
Exclusions & fine print
Typically excluded or reduced: Insurance, Government payments, Balance transfers.
Best for: Everyday spenders · Dining & grocery cashback
Read full OCBC 365 Credit Card review with spend simulator →
Exclusions compared
| Typically excluded | DBS Live Fresh Card | OCBC 365 Credit Card |
|---|---|---|
| Common | Insurance, Government payments, Balance transfers | Insurance, Government payments, Balance transfers |
Who should pick which?
- Pick DBS Live Fresh Card if your spend pattern aligns with its highest-rate categories and you meet income criteria.
- Pick OCBC 365 Credit Card if its caps, fee structure, or partner merchants match your wallet better.
- Pick neither yet if both net values are under $2,000/year on your spends — a third option may win (see quiz).
Spend scenario cheat sheet
- Heavy online shopper: Compare online category rates and caps first.
- Bill-pay heavy: Check utilities and telecom MCC eligibility.
- Travel / forex: Weight forex markup as heavily as reward rate.
- Fee-averse: If both NAV differences are under $1,000/yr, choose the free card.
Before you apply
CardHungry never pulls CBS. Use our interactive comparison or quiz for a third alternative. One application at a time; wait 3–6 months between rejections.
Related guides
Your spends are different
These picks use the moderate profile above. Edit spends to re-rank this page, or take CardHungry's quiz — no CBS pull.
CardHungry is a third-party recommendation platform, not a bank or credit bureau. Approval estimates are indicative based on public eligibility criteria. Reward calculations use issuer T&Cs and may change. We earn commission if you are approved — at no cost to you.