If you’re looking for a debit card that offers rewards and benefits, the Frank Debit Card in Singapore may be the perfect option for you. This card, offered by OCBC, allows you to earn cashback on your purchases and choose from over 60 stylish designs.
Using the Frank Debit Card is easy and convenient. You can use it to make purchases anywhere that accepts Mastercard, and you’ll earn a 1% rebate on your spending. Plus, you can enjoy special deals and discounts when you shop, eat, and ride.
If you’re eligible, applying for the Frank Debit Card is a simple process. You can do it online or in-person at a branch, and you’ll need to provide some basic information about yourself. Once you have your card, you can manage your account online or through the OCBC mobile app.
Key Takeaways
- The Frank Debit Card in Singapore offers rewards and benefits, including cashback and stylish designs.
- Using the card is easy and convenient, and you can earn rebates and enjoy special deals.
- Eligibility and application for the card are straightforward, and you can manage your account online or through the mobile app.
Frank Debit Card Overview
If you’re looking for a debit card that offers a range of benefits, the Frank Debit Card by OCBC Singapore could be the perfect option for you. Here’s what you need to know about this exciting financial product.
Key Features
The Frank Debit Card comes with a range of features that make it stand out from other debit cards on the market. Here are some of the key features that you can look forward to:
- 1% rebate on all purchases made with the card
- No annual fees or minimum deposit requirements
- Access to a range of exclusive offers and promotions
- Easy management of your funds through the Frank Account
Design and Customisation
One of the most exciting aspects of the Frank Debit Card is the ability to customise its design. With over 60 stylish card designs to choose from, you can find a card that matches your unique personality and style.
Whether you’re a fan of bold colours, minimalist designs, or quirky patterns, there’s a Frank Debit Card design that’s perfect for you. Plus, you can easily customise your card through the Frank app, making it easy to switch up your card’s design whenever you want.
Overall, the Frank Debit Card is a great option for anyone who wants a debit card that offers a range of benefits and customisation options. With no annual fees and access to exclusive offers and promotions, this card is a great way to manage your finances and earn rewards at the same time.
Using the Frank Debit Card
The Frank Debit Card is a great way to manage your money efficiently and securely. With this card, you can enjoy a 1% rebate on all your purchases, making it a great choice for everyday use. Here’s how you can use the Frank Debit Card for various transactions.
Local and Overseas Transactions
Whether you’re making a purchase at a local store or travelling overseas, the Frank Debit Card makes it easy to pay for your expenses. You can use it at any merchant that accepts Visa debit cards. This includes fast food restaurants, transport services, and more. When travelling overseas, you can use the card to make foreign currency transactions without worrying about carrying cash.
Online Shopping and Payments
With the Frank Debit Card, you can also make online purchases and payments with ease. Simply enter your card details at the checkout page and you’re good to go. The card also comes with the NETS FlashPay feature, which allows you to make payments at selected merchants in Singapore.
ATM Withdrawals and Deposits
Need to withdraw cash or deposit money? The Frank Debit Card can handle that too. You can use it to withdraw cash from any ATM that accepts Visa debit cards. You can also deposit money into your account at selected OCBC ATMs.
When using the Frank Debit Card for foreign currency transactions, keep in mind that there is a currency conversion fee of 2.8%. However, this is a standard fee for most debit cards. Overall, the Frank Debit Card is a versatile and convenient option for managing your finances.
Benefits and Rewards
If you are looking for a debit card that offers you a range of benefits and rewards, then the FRANK Debit Card is a great option for you. Here are some of the benefits and rewards that you can enjoy with this card:
Cashback and Rebates
With the FRANK Debit Card, you can earn a 1% cashback when you shop, eat and ride. This means that you can save money on your daily expenses, whether you are buying food, taking public transport or shopping online. Additionally, you can earn cashback on purchases made at selected convenience stores and green merchants, which means that you can contribute to the environment while saving money.
Savings and Interest Rates
Another benefit of the FRANK Debit Card is that it offers you a range of savings and interest rates. For example, you can earn interest on your savings when you deposit money into your FRANK Account. Additionally, you can enjoy discounts and promotions on a range of products and services, including dining, entertainment, and travel.
Overall, the FRANK Debit Card is a great option for anyone looking for a debit card that offers a range of benefits and rewards. Whether you are a student or a young adult, you can benefit from the cashback, savings, and interest rates that this card offers. So why not apply for a FRANK Debit Card today and start enjoying the benefits and perks that come with it?
Eligibility and Application Process
Requirements for Application
To apply for the FRANK Debit Card, you must meet the following eligibility criteria:
- You must be a Singaporean, Permanent Resident, or Foreigner with a valid Employment Pass, Student Pass, or Special Pass.
- You must be at least 16 years old.
- You must have a valid NRIC or Passport.
- You must have an OCBC deposit account.
Step-by-Step Guide to Apply
To apply for the FRANK Debit Card, follow these simple steps:
- Log in to your OCBC Internet Banking account or visit any OCBC branch to open a deposit account if you do not have one already.
- Submit an application for the FRANK Debit Card online via the OCBC website or the FRANK by OCBC website.
- Provide the necessary personal and contact information, including your NRIC or Passport number.
- Select your preferred design for the FRANK Debit Card.
- Read and agree to the terms and conditions of the FRANK Debit Card.
- Wait for your application to be processed. It typically takes 3-5 working days for your application to be approved.
- Once your application is approved, you will receive your FRANK Debit Card via mail.
Note that if you are a student, you can apply for the FRANK Debit Card even if you are not enrolled in a specific tertiary education institution. However, you must be at least 16 years old and have a valid NRIC or Passport.
In conclusion, applying for the FRANK Debit Card is a straightforward process that can be completed online or in-person at an OCBC branch. Make sure to have all the necessary documents and information ready to ensure a smooth application process.
Managing Your Account
As a proud owner of an OCBC Frank Debit Card, you have access to a range of features that make managing your account easy and convenient. Here are some important things you need to know about managing your account:
Card Replacement and Renewal
If you need to replace your Frank Debit Card due to loss, theft, or damage, you can do so easily via the OCBC Mobile Banking app. Replacement cards are typically mailed to your registered mailing address within 7-10 business days. Please note that replacement charges may apply.
You can also renew your Frank Debit Card when it expires. The renewal card will be sent to your registered mailing address at least one month before your current card expires. If you do not receive your renewal card within 2 weeks of your card expiry date, please contact OCBC immediately.
Fees and Charges
When you open a Frank Account, there are no initial deposit or minimum income requirements. Plus, there are no hidden fees or charges associated with the account. You can enjoy up to 4x more interest than regular savings accounts and 1% unlimited cashback on all the things you love.
However, please note that there may be fees and charges associated with certain transactions, such as overseas ATM withdrawals or replacement cards. Be sure to check the OCBC website for the latest fees and charges.
Terms and Conditions
Before opening a Frank Account and applying for a Frank Debit Card, be sure to read and understand the terms and conditions. These outline the rules and regulations you must abide by as a Frank Account holder. Some important things to note include:
- You must be at least 16 years old and a resident of Singapore to be eligible for a Frank Account and Debit Card.
- Your Frank Debit Card is a digital card, meaning it is stored on your mobile device and can be used for contactless payments.
- The Frank Debit Card is an all-in-one sidekick that lets you manage your funds, track your expenses, and achieve financial independence.
- You can link your Frank Account to your accountant’s software for easy bookkeeping and tax filing.
By understanding these terms and conditions, you can make the most of your Frank Account and Debit Card.
Frequently Asked Questions
What exclusive perks come with the FRANK Debit Card?
The FRANK Debit Card comes with exclusive perks that make it a great choice for young adults. You can enjoy 1% unlimited cashback on all the things you love, and choose from over 60 card designs to own your style. Additionally, you can apply easily using MyInfo and get instant approval if you have a Singpass account.
How can I check my balance on the FRANK Debit Card?
If you have used your debit card recently, there will be a difference between your Account Balance and Available Balance. When you do a transaction on your debit card, it may take up to 7 days to reflect that transaction on the card account. After which, the transaction amount is deducted accordingly. You can check your balance on the OCBC Mobile Banking app or through internet banking.
What are the standout features of the OCBC FRANK Debit Card?
The OCBC FRANK Debit Card is designed to cater to the needs of young adults. It comes with features such as 1% unlimited cashback, over 60 card designs to choose from, and easy application using MyInfo. Additionally, you can personalize your card design and enjoy exclusive promotions and discounts with selected merchants.
How can I personalise my FRANK Card design?
You can personalize your FRANK Card design by choosing from over 60 design options available. You can select a design that fits your personality and style. Additionally, you can customize your card design with your own photo or image. You can do this easily through the OCBC Mobile Banking app.
What are the requirements for applying for an OCBC FRANK card?
To apply for an OCBC FRANK card, you must be at least 16 years old and have a minimum income of $400 per month. You will also need to provide your NRIC or passport, and proof of income. If you have a Singpass account, you can apply easily using MyInfo and get instant approval.
Can I use my FRANK Debit Card when I’m travelling abroad?
Yes, you can use your FRANK Debit Card when you are travelling abroad. However, you will be charged a foreign currency transaction fee of 2.8% of the transaction amount. Additionally, you will need to activate your card for overseas use before you travel. You can do this easily through the OCBC Mobile Banking app or internet banking.