How do I pay for my OCBC credit card bill in Singapore?

In Singapore, there are several ways to pay your OCBC credit card bill. These include: FAST: You can pay your credit card bill instantly through other participating banks in Singapore via FAST (Fast And Secure Transfers). Other banks include DBS, POSB, UOB, Citibank and Standard Chartered. Internet Banking: You can pay your credit card bill through the OCBC Internet Banking portal which allows you to securely view your account details, pay bills, and transfer funds. OCBC Mobile Banking: You can pay your credit card bill, complete fund transfers, check your account details and more via the OCBC Mobile Banking App on your smartphone. AXS: With AXS, you have the convenience and flexibility of paying your OCBC credit card bill anywhere, anytime. Regardless of the method you choose, be sure to pay your bill on time to avoid late fees and maintain a good credit score. You can also schedule recurring payments to ensure that your bills are paid on time every month.

How can I check my OCBC credit card bill or statement in Singapore?

You can check your OCBC credit card bill or statement via the OCBC Internet Banking portal or the OCBC Mobile Banking app. You can also sign up for the OCBC Mobile Push Notification service to receive notifications or alerts when specific transactions on your accounts or credit cards are made. Do check your credit card bill or statement regularly to ensure that your credit card transactions are correct.

How do I waive my OCBC credit card annual fee?

Customers can contact OCBCs customer service department to request for a credit card annual fee waiver. Alternatively, cardholders can also request for an annual fee waiver through the OCBC Internet Banking portal or the OCBC Mobile Banking app.It's important to note that fee waivers are generally granted on a case-by-case basis and not all fee waivers will be granted.

How do I cancel my OCBC credit card?

If you need to cancel your OCBC credit card, you can do so by contacting the bank directly. You can make a request over the phone or by visiting a bank branch. It's important to note that you may be responsible for any outstanding balance or fees on your credit card.

What is the highest credit card limit for OCBC?

The highest credit card limit offered by OCBC in Singapore is between 4 to 6 times your annual income, but this can vary depending on the individual's credit profile.It is important to note that the credit card limit offered by OCBC may vary depending on the individual's creditworthiness, income and other factors, and it's always best to check with OCBC for the most current information and the terms and conditions that apply.It is important to remember that having a high credit limit does not necessarily mean you should use the entire limit, it's always best to use credit responsibly and within your means.

How do I increase my OCBC credit card limit?

Cardholders can increase their OCBC credit card limit by downloading and completing a Credit Limit Review Form from OCBC. The completed form has to be submitted either through standard mail or uploaded online with the necessary documents to qualify for a credit card review.

How do I activate my OCBC credit card in Singapore?

OCBC cardholders in Singapore can activate their OCBC credit card via the OCBC Internet Banking portal, the OCBC Mobile Banking app, or through SMS.The steps to activate your OCBC credit card will vary depending on the credit card activation method that you have chosen.

How do I activate my OCBC credit card for overseas use?

OCBC cardholders who are travelling can activate their OCBC credit card for overseas use via the OCBC Internet Banking portal, the OCBC Mobile Banking app, or through SMS.The steps to activate your OCBC credit card for overseas use will vary depending on the activation method that you have chosen.

What is OCBC PayLite?

OCBC PayLite is a service offered by OCBC that allows you to enjoy interest-free monthly instalments on your credit card purchases. With OCBC PayLite, you can spread the cost of your purchases over 3 to 12 months without incurring any interest charges.Whether you're making a big purchase or just need some extra time to pay, OCBC PayLite offers a convenient and affordable way to pay.Please note that a 3-5% processing fee will apply and only purchases above S$100 are eligible for OCBC PayLite.

Single Trip vs Annual: Which Travel Insurance Should You Get?

Having Trouble Choosing Between Single Trip Vs Annual Travel Insurance?

Planning your next adventure is exciting, but amidst the anticipation of exploring new destinations, one crucial decision looms: which travel insurance should you choose? Should you pick an annual travel insurance or a single trip insurance plan? If you are on a single trip plan, should you switch to an annual travel insurance plan? It's a dilemma faced by every traveler, and the right choice can make all the difference in ensuring a worry-free journey. In this guide, we'll break down the pros and cons of each option and also list down some of the best annual travel insurance plans and single trip insurance plans, helping you make an informed decision that suits your unique travel needs.

SingSaver's Best Price Travel Campaign: All successful applicants of participating Travel Insurance products will receive 1x (single trip) or 3x (annual trip) draw chance to enter our weekly lucky draw, where 1 lucky winner will stand to have their flight ticket reimbursed (up to a maximum of $2,000) and 12 lucky winners will receive a Samsonite Volant Spinner 68/25 EXP worth S$480. Valid till 31 December 2023. T&Cs apply.

Travel Insurance	Premium for Individual Cover	Covid-19 Coverage	Promotion
Starr TraveLead Travel Insurance Apply Now	from S$11.05 (for 1 week in ASEAN)	Yes	Get up to $50 Grab Vouchers (min. Premium $30) and get 35% off when you use promo code SSVTL35. Valid till 10 Dec 2023. T&Cs apply. Plus, till 31 December, every applicant will also score an Apple AirTag — perfect for keeping tabs on your luggage on your next trip — or a ReboundTag. T&Cs apply. Enjoy 1x chance (Single Trip) or 3x chances (Annual Trip) to enter our weekly lucky draw. 1 lucky winner will stand to have their flight ticket reimbursed and 12 lucky winners will receive a Samsonite Volant Spinner 68/25 EXP worth S$480. Promotion ends on 31 December 2023. T&Cs apply. Additionally, enjoy 1x chance to win your share your share of up to S$200,000 in prizes in our epic 101! Milestone Giveaway, including S$5,000 bonus cash each week on top of ongoing promotions! T&Cs apply.
MSIG Travel Easy Apply Now	from S$34.10 (for 1 week in ASEAN)	Yes	Enjoy 40% off when you apply for Single Trips and 20% off for Annual Plan plus get up to $38 Grab Vouchers when you purchase now!! Valid till 17 December 2023. T&Cs apply. Plus, till 31 December, every applicant will also score an Apple AirTag — perfect for keeping tabs on your luggage on your next trip — or a ReboundTag. T&Cs apply. Enjoy up to 3x chances to enter our Weekly Lucky Draw, where 1 lucky winner will stand to have their flight ticket reimbursed and 12 lucky winners will receive a Samsonite Volant Spinner 68/25 EXP worth S$480. T&Cs apply. Additionally, enjoy 1x chance to win your share your share of up to S$200,000 in prizes in our epic 101! Milestone Giveaway, including S$5,000 bonus cash each week on top of ongoing promotions! T&Cs apply.
Allianz Travel Insurance Apply Now	from S$34.10 (for 1 week in Asean)	Yes	Use promo code SSV50 to get 50% discount, up to $35 Grab Vouchers, and 1x Airalo eSim with up to 3GB data (minimum premium of $60) when you apply NOW! Valid till 8 December 2023. T&Cs apply. Additionally, enjoy 1x chance (Single Trip) or 3x chances (Annual Trip) to enter our weekly lucky draw, where 1 lucky winner will stand to have their flight ticket reimbursed and 12 lucky winners will receive a Samsonite Volant Spinner 68/25 EXP worth S$480. Promotion ends on 31 December 2023. T&Cs apply.
FWD Travel Insurance Apply Now	from S$22.50 (for 1 week in Asean)	Yes	Use the promo code 12TWELVE to get a 35% discount on Single Trip and 30% discount on Annual Trip plans! Valid till 5 Dec 2023. T&Cs apply. Also receive: 1x Airalo eSIM with up to 3GB data before your fly (minimum premium $60). Valid till 31 December 2023. T&Cs apply. 1x Apple AirTag (worth $45) for the first 3,800 applicants. Valid till 5 January 2024. T&Cs apply. Additionally, be included in the following draws below: Best Price TI weekly draw: Enjoy 3x chances to enter our Weekly Lucky Draw, where 1 lucky winner will stand to have their flight ticket reimbursed and 12 lucky winners will receive a Samsonite Volant Spinner 68/25 EXP worth S$480. T&Cs apply. 101! Milestone Giveaway: Enjoy 1x chance to win your share your share of up to S$200,000 in prizes in our epic 101! Milestone Giveaway, including S$5,000 bonus cash each week on top of ongoing promotions! T&Cs apply.
Etiqa (TIQ) Travel Insurance Apply Now	from S$39 (for 1 week in Asean)	Yes	Single Trip: Use the promo code TIQSINGSAVER to get 40% off. Valid till 31 Dec 2023. T&Cs apply. Annual Trip: Use promo code TIQSINGSAVER to get 60% off COVID-19 add-on. Valid till 31 Dec 2023. T&Cs apply. Enjoy 1x chance (Single Trip) or 3x chances (Annual Trip) to enter our weekly lucky draw, where 1 lucky winner will stand to have their flight ticket reimbursed and 12 lucky winners will receive a Samsonite Volant Spinner 68/25 EXP worth S$480. Promotion ends on 31 December 2023. T&Cs apply. Additionally, stand to win S$3,000 in TIQ Travel Insurance Monthly Lucky Draw Campaign 2023 (Fulfillment by TIQ). Valid till 31 Dec 2023. T&Cs apply.
Singlife Travel Insurance Apply Now	from S$46.20 (for 1 week in ASEAN)	Yes	Score an Airalo eSIM with up to 3GB data and receive it before you fly when you apply now! Valid till 31 December 2023. T&Cs apply. Additionally, enjoy 1x chance (Single Trip) or 3x chances (Annual Trip) to enter our weekly lucky draw, where 1 lucky winner will stand to have their flight ticket reimbursed and 12 lucky winners will receive a Samsonite Volant Spinner 68/25 EXP worth S$480. Promotion ends on 31 December 2023. T&Cs apply. Single Trip: Enjoy a 25% discount when you use the promo code TRAVEL25. Additionally, get a free 6 months heatstroke insurance. Valid till 10 Dec 2023. T&Cs apply.
Allied World Travel Insurance Apply Now	from S$45 (for one week in Asean)	Yes	Enjoy a 45% discount for Single Trip and 15% discount for Annual Trip when you apply now! Valid till 31 Dec 2023. T&Cs apply. Enjoy 1x chance (Single Trip) or 3x chances (Annual Trip) to enter our weekly lucky draw, where 1 lucky winner will stand to have their flight ticket reimbursed and 12 lucky winners will receive a Samsonite Volant Spinner 68/25 EXP worth S$480. Promotion ends on 31 December 2023. T&Cs apply
AIG Travel Guard® Direct Apply Now	from S$30 (for 1 week in Asean)	Yes	Single Trip: Enjoy 20% off with promo code SS20OFF. Valid till 12 Dec 2023. Additionally get $20 PayNow! (minimum premium of $80). Plus, every 12th customer gets an additional $45 Paynow. Valid till 31 Dec. T&Cs apply. Annual Trip: Apply promo code SSTGD to receive $200 PayNow! Plus, every 12th customer gets an additional $45 Paynow. Valid till 31 Dec 2023. T&Cs apply. Additionally, enjoy 1x chance (Single Trip) or 3x chances (Annual Trip) to enter our weekly lucky draw, where 1 lucky winner will stand to have their flight ticket reimbursed and 12 lucky winners will receive a Samsonite Volant Spinner 68/25 EXP worth S$480. Promotion ends on 31 December 2023. T&Cs apply.
Great Eastern Travel Insurance Apply Now	from S$52 (for one week in Asean)	Yes	Single Trip: Get an 30% discount when you use the promo code TSP30S. Valid till 31 Dec 2023. T&Cs apply. Annual Trip: Get an 10% discount when you use the promo code TSP10A. Valid till 31 Dec 2023. T&Cs apply. Discount is only valid for Elite and Classic plans. Enjoy 1x chance (Single Trip) or 3x chances (Annual Trip) to enter our weekly lucky draw, where 1 lucky winner will stand to have their flight ticket reimbursed and 12 lucky winners will receive a Samsonite Volant Spinner 68/25 EXP worth S$480. T&Cs apply. Promotion ends on 31 December 2023. T&Cs apply.
Seedly Travel Insurance Apply Now	from S$49.80 (for 1 week in Asean)	No	Receive 25% off and 1x Airalo eSIM worth up to 3GB data when you apply NOW! Valid till 31 December 2023. T&Cs apply. Win the equivalent of a return flight for 2 to Bali (via S$600 Klook voucher). T&Cs apply. Enjoy 1x chance to enter our weekly lucky draw, where 1 lucky winner will stand to have their flight ticket reimbursed and 12 lucky winners will receive a Samsonite Volant Spinner 68/25 EXP worth S$480. T&Cs apply. Promotion ends on 31 December 2023. T&Cs apply.

Find the Best Travel Insurance for You

There are two major options you can choose from – single trip travel insurance and annual travel insurance. Which one should you get? Well, it all boils down on the length and frequency of your trips.

First, let’s break down what each insurance plan covers.

What is Single Trip Travel Insurance?

Single trip travel insurance plans cover trips that begin and end in Singapore, for up to 180 or 182 days overseas (depending on the insurer). This type of insurance is usually bought per trip.

When applying for a single trip policy, you need to confirm the destination, and both the start and end date of your trip.

What is Annual Travel Insurance?

Annual travel insurance, also known as multi-trip travel insurance, provides coverage for up to one calendar year. This type of insurance covers all your trips within that year, and all you need to do is confirm the destinations of your travels (Europe, worldwide excluding USA, worldwide including USA, ASEAN, Asia).

Do note that annual travel insurance may cover multiple trips over a year with trip duration limits. Most annual travel insurance plans cover no more than 90 days per trip.

Single Trip Travel Insurance vs Annual Travel Insurance

An important consideration for any traveller is the cost of your travel insurance. It comes as no surprise that you would want the best bang for your buck.

Thus, we’ve collated the best travel insurance plans for your comparison. Compare cost, coverage, and special promotions to make an informed decision.

Commonly, single trip travel insurance is more affordable compared to annual travel insurance. However, if you’ll be travelling often or going on multiple trips a year, annual travel insurance would be more cost-effective.

Let's say you’ll be travelling to Malaysia at least eight times this year, with a trip duration of five days each time. We'll compare the cost of eight single trip insurance plans with one annual plan.

For this comparison, let's take MSIG as an example.

Single trip vs annual travel insurance cost comparison

Type of travel insurance	Single trip (before discount)	Annual travel (before discount)
Cost	S$50	S$289
Coverage	S$5,000 for trip cancellation S$250,000 of overseas medical coverage S$3,000 for bags and belongings S$600 for baggage delay (S$150/6h)	S$5,000 for trip cancellation S$250,000 of overseas medical coverage S$3,000 for bags and belongings S$600 for baggage delay (S$150/6h)
Total	S$50 x 8 = S$400 (assuming the plan costs the same throughout the year)	S$289

Using the example above, the overall cost of an annual travel insurance plan turns out to be cheaper. Thus, this plan is highly recommended for frequent travellers not only due to cost-efficiency, but also due to the fact that they only need to apply for an insurance plan once a year.

Single trip travel insurance, on the other hand, is definitely more suitable for occasional travellers.

Product	Product Highlights	Single-Trip Plan(Worldwide)	Annual Trip Plan(Worldwide)
Tiq Travel Entry	S$150,000 accidental death and permanent disability S$200,000 overseas medical expenses S$5,000 trip cancellation S$1,000 travel delay (S$100/6h, S$20/h thereafter)	S$78	S$368
Starr TraveLead Essential with COVID-19 Coverage (Bronze Plan)	SS$50,000 accidental death and permanent disability S$250,000 overseas medical expenses S$5,000 trip cancellation S$500 travel delay (S$100/6h)	S$80.25	S$307
FWD Premium	S$200,000 accidental death and permanent disability S$200,000 overseas medical expenses S$7,500 trip cancellation S$300 travel delay (S$100/6h)	S$70.33 (with COVID-19 cover)	S$450.20 (with COVID-19 cover)
MSIG Standard Plan	S$150,000 accidental death and permanent disability S$250,000 overseas medical expenses S$5,000 trip cancellation S$500 travel delay (S$100/6h)	S$121.50	S$523
Allianz Travel Insurance Bronze Plan	S$50,000 accidental death and permanent disability S$250,000 overseas medical expenses S$5,000 trip cancellation S$800 travel delay	S$130	S$809
Direct Asia Travel Insurance - DA150	S$100,000 accidental death and permanent disability S$150,000 overseas medical expenses S$3,000 trip cancellation S$1,000 travel delay (S$100/6h)	S$69.55	S$348.33
Allied World Travel Protector Classic	S$150,000 accidental death and permanent disability S$200,000 overseas medical expenses S$5,000 trip cancellation S$1,000 travel delay (S$100/6h, S$20/h thereafter)	S$78	S$368
AIG Travel Guard® Direct - Basic	S$200,000 accidental death and permanent disability S$1,000,000 overseas medical expenses S$10,000 trip cancellation S$2,000 travel delay (S$100/6h)	S$133	S$663

Pros and cons of single trip and annual travel insurance

Type of Travel Insurance	Pros	Cons
Single trip	Affordable and can cost below $100. Great for budget-conscious travellers. Higher maximum age (70 years old and above) of coverage. Length of coverage can go up to 180-182 days, depending on the provider. Perfect for those on a sabbatical or digital nomads.	Buying multiple single trip plans per year could become quite expensive for frequent travellers. It's also quite troublesome purchasing a travel insurance plan every time you travel.
Annual travel	Affordable and can cost below $100. Great for budget-conscious travellers. Higher maximum age (70 years old and above) of coverage. Length of coverage can go up to 180-182 days, depending on the provider. Perfect for those on a sabbatical or digital nomads.	Can be expensive for those who travel only on occasion. Covers multiple trips but limits each trip to 90 days (depending on provider)

Should you get a single trip or annual travel insurance?

How do you choose between single trip or annual travel insurance then? Here are a few examples to help you pick the right type of travel insurance for you.

Annual travel insurance: frequent flyers going on many short trips (less than 90 days each)

Annual travel insurance is the better option for those who fly in and out of Singapore more than six times a year.

Taking the above example, a single trip travel insurance plan costs S$50 while an annual plan costs S$289. In this case, travelling more than five times to the same region with annual travel insurance is more cost-effective. However, the frequency to determine whether an annual plan is worth it differs for each provider and plan, depending on the premiums.

With an annual travel insurance, frequent travellers can plan their trips with ease. It saves them the hassle of applying for travel insurance each trip. Enjoy year-round coverage on trip cancellations, baggage loss, theft, accidents, medical emergencies, and more.

Single trip insurance: for infrequent travellers or trips more than 90 days

If you travel less than five times a year, or are going on a trip for more than 90 days, then single trip insurance is for you.

For travellers above the age of 70, there are only a few options for an annual travel insurance plan as most insurers only allow you to purchase one before turning the age of 70. In that case, you may renew the plan up until you turn 80.

Remember to thoroughly read your insurer’s policy document before setting off to your travels. Furthermore, note that there are coverage add-ons for extreme sports, rental vehicles, and such. Thus, choose your plan according to your needs and trips.

Protected up to specified limits by SDIC.

Note: This is only product information provided. You may wish to seek advice from a qualified adviser before buying the product. If you choose not to seek advice from a qualified adviser, you should consider whether the product is suitable for you. Buying an insurance product that are not suitable for you may impact your ability to finance your future healthcare needs.

If you decide that the policy is not suitable after purchasing the policy, you may terminate the policy in accordance with the free-look provision, if any, and the insurer may recover from you any expense incurred by the insurer in underwriting the policy.

Single Trip vs Annual: Which Travel Insurance Should You Get?

Having Trouble Choosing Between Single Trip Vs Annual Travel Insurance?

Travel Insurance Promotions

What is Single Trip Travel Insurance?

What is Annual Travel Insurance?

Single Trip Travel Insurance vs Annual Travel Insurance

Single trip vs annual travel insurance cost comparison

Best Single-Trip and Annual Travel Insurance Plans

Product

Product Highlights

Single-Trip Plan(Worldwide)

Annual Trip Plan(Worldwide)

Pros and cons of single trip and annual travel insurance

Should you get a single trip or annual travel insurance?

Annual travel insurance: frequent flyers going on many short trips (less than 90 days each)

Single trip insurance: for infrequent travellers or trips more than 90 days

Looking for travel insurance deals?

Single Trip vs Annual: Which Travel Insurance Should You Get?

Having Trouble Choosing Between Single Trip Vs Annual Travel Insurance?

Travel Insurance Promotions

What is Single Trip Travel Insurance?

What is Annual Travel Insurance?

Single Trip Travel Insurance vs Annual Travel Insurance

Single trip vs annual travel insurance cost comparison

Best Single-Trip and Annual Travel Insurance Plans

Product

Product Highlights

Single-Trip Plan(Worldwide)

Annual Trip Plan(Worldwide)

Pros and cons of single trip and annual travel insurance

Should you get a single trip or annual travel insurance?

Annual travel insurance: frequent flyers going on many short trips (less than 90 days each)

Single trip insurance: for infrequent travellers or trips more than 90 days

Looking for travel insurance deals?

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