Are you looking for a credit card that offers cashback rewards and flexible payment options? Look no further than the OCBC Cashflo Credit Card Singapore. This card is designed to help you manage your finances and earn rewards at the same time. With its low minimum spend requirement and attractive rebate rates, it’s a great option for anyone looking to save money on their everyday expenses.
Key Features and Benefits:
The OCBC Cashflo Credit Card Singapore offers a range of features and benefits that make it an attractive choice for many consumers. These include a low minimum spend requirement of just S$1,000 per month, which makes it easy to earn cashback rewards on your everyday purchases. You can also enjoy up to 1% cashback on all spend with no cap on the amount you can earn. Additionally, you can stretch your payments over 3 or 6 months with 0% interest, making it easier to manage your finances.
Eligibility and Application Process:
To apply for the OCBC Cashflo Credit Card Singapore, you must be a Singapore citizen or permanent resident with a minimum income of S$30,000 per annum. Foreigners with a minimum income of S$45,000 per annum are also eligible to apply. You can apply for the card online or at any OCBC branch. The application process is simple and straightforward, and you can expect to receive a decision within a few business days.
Key Takeaways
- The OCBC Cashflo Credit Card Singapore offers cashback rewards and flexible payment options.
- With a low minimum spend requirement and attractive rebate rates, it’s a great option for anyone looking to save money on their everyday expenses.
- To apply for the card, you must meet certain eligibility criteria and complete a simple application process either online or at an OCBC branch.
Key Features and Benefits
If you’re looking for a credit card that lets you manage your expenses with ease while earning exclusive rebates and rewards, then the OCBC Cashflo Credit Card is the perfect option for you.
Interest-Free Instalments
With the OCBC Cashflo Credit Card, you can stretch your payments over 3, 6, or 12 months with 0% interest. This feature allows you to make big purchases without worrying about paying the full amount upfront.
Moreover, the card offers a 0% Interest Instalment Plan with no processing fee, and payments earn rebates. The trigger scheme automatically splits payments into 3- or 6-month instalments, at no extra cost.
Exclusive Rebates and Rewards
The OCBC Cashflo Credit Card offers up to 1% cash rebate on all spend and 1.2% rebate on other eligible transactions, capped at S$100 monthly. What’s more, you can enjoy the benefits of the OCBC$ Rewards Program, which lets you earn OCBC$ for every dollar spent on the card. You can redeem these points for a range of rewards, including cashback, vouchers, and merchandise.
In addition, the card offers hassle-free payments for Great Eastern insurance premiums and other spending. You can enjoy cash rebates of up to 1.2% and hassle-free 3, 6, or 12-month payments.
Overall, the OCBC Cashflo Credit Card is an excellent choice for those looking for a credit card that offers interest-free instalments, exclusive rebates, and rewards. With its unique features and benefits, you can manage your expenses with ease while earning rewards at the same time.
Eligibility and Application Process
If you are interested in applying for the OCBC Great Eastern Cashflo Credit Card, you must meet certain eligibility requirements. Here are the details:
Principal and Supplementary Cardmembers
All applicants must be at least 21 years old with a minimum annual income of $30,000 for Singapore Citizens and Permanent Residents, and $45,000 for Foreigners. Supplementary cardholders must be at least 18 years old.
Application Requirements
To apply for the OCBC Great Eastern Cashflo Credit Card, you will need to provide the following information:
- Your personal details, including your name, NRIC/Passport number, and contact information.
- Your employment details, including your occupation, company name, and annual income.
- Your Credit Bureau Singapore (CBS) report. If you do not have a CBS report, you can authorize OCBC to obtain it for you.
- Your MyInfo profile, which includes your personal and employment details. This will speed up the application process and eliminate the need for you to submit any supporting documents.
Once you have gathered all the required information, you can apply for the OCBC Great Eastern Cashflo Credit Card online through OCBC’s website. The application process is straightforward and can be completed in just a few minutes.
With the OCBC Great Eastern Cashflo Credit Card, you can enjoy a range of benefits, including up to 1% cash rebate on all spend and the ability to stretch payments across 3 or 6 months with 0% interest. Apply today and start enjoying these benefits!
Understanding Fees and Charges
If you’re considering getting an OCBC Cashflo credit card, it’s important to understand the fees and charges that come with it. Here’s what you need to know:
Annual Fees
The OCBC Cashflo credit card comes with an annual fee of $160.50, which is waived for the first two years. To continue enjoying the waiver, you’ll need to spend at least $10,000 per year on your card. If you don’t meet this spending requirement, the annual fee will be charged to your account.
Other Bank Charges
In addition to the annual fee, there are other charges you should be aware of. For example, if you make a late payment, you’ll be charged a late payment fee of $100. This fee is charged if you don’t pay the minimum payment due by the due date.
If you withdraw cash using your OCBC Cashflo credit card, you’ll be charged a cash advance fee of 6% of the amount withdrawn or $15, whichever is higher. This fee is in addition to the interest charged on the amount withdrawn.
It’s also important to note that all fees and charges are subject to GST. So, for example, if you’re charged a late payment fee of $100, the total amount you’ll need to pay is $107 (inclusive of GST).
To avoid these fees and charges, it’s important to use your OCBC Cashflo credit card responsibly. Make sure you pay your bills on time and in full each month, and avoid withdrawing cash using your card unless it’s absolutely necessary.
Overall, the fees and charges associated with the OCBC Cashflo credit card are relatively standard for a credit card in Singapore. By understanding these fees and charges, you can make informed decisions about how to use your card and avoid unnecessary expenses.
Promotions and Exclusive Partnerships
As an OCBC Great Eastern Cashflo Credit Card holder, you get to enjoy exclusive promotions and partnerships with various retailers and merchants. Here are some of the promotions that you can take advantage of:
Retail and Travel
If you love shopping, you’ll be happy to know that you can get up to 10% off your purchases at Robinsons and Zara. This promotion is valid from 1 January 2024 to 31 December 2024, and you can enjoy the discount when you use your OCBC Great Eastern Cashflo Credit Card.
If you’re planning to travel, you can also enjoy exclusive discounts when you book your flight and hotel through the OCBC Travel Marketplace. From 1 January 2024 to 31 December 2024, you can get up to 15% off your bookings when you use your OCBC Great Eastern Cashflo Credit Card.
Dining and Online Shopping
As a foodie, you’ll be delighted to know that you can enjoy up to 50% off your dining bills at selected restaurants. This promotion is valid from 1 January 2024 to 31 December 2024, and you can enjoy the discount when you use your OCBC Great Eastern Cashflo Credit Card.
If you love online shopping, you can also enjoy exclusive discounts when you shop at Lazada and Shopee. From 1 January 2024 to 31 December 2024, you can get up to 10% off your purchases when you use your OCBC Great Eastern Cashflo Credit Card.
With these exclusive promotions and partnerships, you can save money while enjoying the things you love. So don’t miss out on these amazing deals and start using your OCBC Great Eastern Cashflo Credit Card today!
Terms and Conditions
As with any credit card, it is important to read and understand the terms and conditions of the OCBC Cashflo Credit Card before applying. Here are some key things to keep in mind:
Understanding the Fine Print
The terms and conditions outline the rules and regulations that apply to the use of the OCBC Cashflo Credit Card. This includes information on interest rates, fees, and other charges. It is important to note that the terms and conditions are subject to change, so it is a good idea to review them regularly to ensure that you are aware of any updates.
One important thing to keep in mind is that the terms and conditions are binding and final. This means that once you have agreed to them, you are legally bound by their terms. The terms and conditions also state that any disputes will be resolved through non-exclusive jurisdiction, which means that the courts of Singapore have the final say.
Dispute Resolution
In the event of a dispute, the terms and conditions state that OCBC has absolute discretion to make a final and binding decision. This means that if you have a dispute with OCBC regarding your Cashflo Credit Card, you will need to follow the dispute resolution process outlined in the terms and conditions.
It is also important to note that the Contracts (Rights of Third Parties) Act does not apply to the terms and conditions of the OCBC Cashflo Credit Card. This means that only you and OCBC are bound by the terms and conditions, and no third party can enforce any rights under them.
Remember that the terms and conditions are correct at the time of print, but they are subject to change. Be sure to review them regularly to ensure that you are up to date on any changes.
Overall, the terms and conditions of the OCBC Cashflo Credit Card are designed to protect both you and OCBC. By understanding and following them, you can enjoy the benefits of your credit card while avoiding any potential issues.
Frequently Asked Questions
What fantastic perks come with the OCBC Cashflo Card?
The OCBC Cashflo Credit Card offers a flat 1% rebate on all purchases with a minimum spend of $1,000 per month. This rebate is capped at $100 per month. Additionally, the card offers a 0% interest instalment plan with no processing fees.
How can I activate my shiny new OCBC Cashflo Card?
You can activate your new OCBC Cashflo Credit Card through the OCBC Mobile Banking app or by calling the OCBC customer service hotline at 1800 363 3333.
What’s the magical trigger amount for automatic instalments with OCBC Cashflo?
The magical trigger amount for automatic instalments with the OCBC Cashflo Credit Card is $100. Any purchase above this amount will be automatically split into 3- or 6-month instalments, at no extra cost.
How does the OCBC Cashflo Card’s instalment payment plan work?
The OCBC Cashflo Credit Card’s instalment payment plan allows you to split your purchases into 3- or 6-month instalments, at no extra cost. You can choose to pay off your purchases in instalments when you make the purchase, or you can trigger the instalment plan later for qualifying purchases.
Are there any annual fees for the OCBC Cashflo Card, and can they be waived?
The OCBC Cashflo Credit Card has an annual fee of $160.50, which is waived for the first two years. Subsequent years’ fees can be waived with a minimum spend of $10,000 per year.
What are the differences between the OCBC Cashflo Card and the OCBC NXT Card?
The main difference between the OCBC Cashflo Credit Card and the OCBC NXT Card is the name and design of the card. The OCBC Cashflo Credit Card offers a 1% flat rebate and an instalment payment plan, while the OCBC NXT Card offers cashback rewards and other benefits.