Ocbc 365 vs Uob One Card — Singapore (2026)

OCBC 365 Credit Card vs UOB One 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
• OCBC 365 Credit Card
• UOB One Card
• Exclusions compared
• Who should pick which
• Spend scenarios
• Before you apply

At-a-glance comparison

IssuerOCBCUOB Annual fee$192$192 Min income$2,500/mo$2,500/mo Top reward6%10% Forex markup2.8%3.25% Secured optionNoNo Moderate NAV winnerUOB One Card—

Net annual value by spend profile

Light spender net value-$74$308 Moderate spender net value-$60$608 Heavy spender net value-$101$1,411

Reward rules compared

Reward rule 1dining: 6% (cap $80/mo)online shopping: 10% (cap $100/mo)Reward rule 2groceries: 3% (cap $80/mo)groceries: 5% (cap $100/mo)Reward rule 3utilities: 3% (cap $80/mo)all: 3.33%Reward rule 4all: 0.3%—

Benefits compared

OCBC 365 Credit Card

• 6% on dining
• 3% on groceries
• 3% on utilities

UOB One Card

• Up to 10% cashback
• Grab/Shopee bonuses
• Fee waiver on spend

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): $2,500
• 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: 3% cashback — cap $80/month
• utilities: 3% cashback — cap $80/month
• all: 0.3% cashback

Headline highlight: 6% on dining (cap $80/mo)

Net value estimate (moderate spend profile)

• Gross annual rewards: $166
• Annual fee: −$192
• Forex markup cost (est.): −$34 (2.8% on international spends)
• Net annual value: -$60 (-0.21% effective return)

Key benefits

• 6% on dining
• 3% on groceries
• 3% on utilities

Exclusions & fine print

Typically excluded or reduced: Insurance, Government payments, Balance transfers.

Best for: Daily essentials cashback

Read full OCBC 365 Credit Card review with spend simulator →

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UOB One Card — full breakdown

UOB One Card

Issuer: UOB · Tier: Gold · Annual fee: $192 · Signup bonus: $100

Flat cashback on daily spends

Eligibility snapshot

• Min monthly income (salaried): $2,500
• Secured / FD-backed: No — standard unsecured
• Approval note: Indicative only. CBS checked by bank at application, not by CardHungry.

Reward structure

• online shopping: 10% cashback — cap $100/month
• groceries: 5% cashback — cap $100/month
• all: 3.33% cashback

Headline highlight: 10% on online shopping (cap $100/mo)

Net value estimate (moderate spend profile)

• Gross annual rewards: $739
• Annual fee: −$192
• Forex markup cost (est.): −$39 (3.25% on international spends)
• Net annual value: $608 (2.11% effective return)

Key benefits

• Up to 10% cashback
• Grab/Shopee bonuses
• Fee waiver on spend

Exclusions & fine print

Typically excluded or reduced: Insurance, Government payments, Balance transfers.

Best for: Flat cashback on daily spends

Read full UOB One Card review with spend simulator →

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Exclusions compared

CommonInsurance, Government payments, Balance transfersInsurance, Government payments, Balance transfers

Who should pick which?

• Pick OCBC 365 Credit Card if your spend pattern aligns with its highest-rate categories and you meet income criteria.
• Pick UOB One 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.