OCBC Frank Card

Last updated:May 2019
Offers
Benefits
Eligibility
APR/ FEES

Offers

Welcome Offers from OCBC

OFFER 1

$50 cashback

Receive $50 cashback upon approval if you are a new customer.

Need some help?

No worries, we've got you covered!

How do credit cards work?

A credit card lets you pay for purchases both in shops and online without paying cash. You usually get slightly more than a month to pay that amount back to the bank without incurring any interest. However, if you do not pay the full sum before the due date, an interest (up to 24% - 28% per annum.) is charged on the outstanding amount. Banks usually require you to pay a minimum sum each month.

What's the difference between credit cards and debit cards?

When you apply for a credit card, you get a credit limit, which is usually two to four times your monthly salary. You draw down on this credit limit when you make purchases and then repay the bank at the end of the month. With a debit card, however, the exact purchase amount is deducted directly from an account that's linked to the debit card. If there are insufficient funds in the account, the transaction will not go through.

How do I apply for a credit card?

You can apply for a credit card online or through forms available at banks or shopping malls. Fill up the personal details required, submit the relevant documents and wait for the application to be approved.

When can I apply for a credit card?

You must be at least 21 years old to apply for a credit card. Some banks allow student credit cards to be issued to those aged 18. The minimum age for a supplementary card holder is also 18 years old.

Daily Expenses
Dining & Entertainment
Shopping
Annual Fee Waiver
Daily Expenses
Dining & Entertainment
Shopping
Annual Fee Waiver

Great for

NEW!Get $50 cash back upon approval when you apply via MyInfo. Promo is valid till 30 June 2019. Terms and Conditions apply.
For existing customers, please click here.
6% cashback on online shopping with selected merchants
5% cashback from Friday to Sunday, and 3% cashback during the rest of the week at bars, cinemas, KTVs, clubs and selected cafes (Starbucks® , The Coffee Bean & Tea Leaf, The Connoisseur Concerto (tcc), Dimbulah Coffee, Coffee Club)
Annual fee waiver for first 2 years.
3% rebate on the first 2 NETS FlashPay Auto Top-Ups and 0.3% rebate on everything else.

Need to know

Min. spend of S$400 and cashback cap of S$60 per month. 0.3% cashbacks on all other purchases and after reaching the S$60 monthly cap.
Online shopping cashback does not include payment for government, financial institutions, public utilities, membership fees, or donations
Min. income requirement for Singaporeans/PRs: S$30,000 & min. income requirement for Foreigners: S$45,000

Benefits

Year-round rewards

Cash rebate
Air miles rewards
Cash rebate
All Spending
0.3 %
Online Shopping Spending (Local)
6 %
Retail Spending
6 %
Online Shopping Spending (Overseas)
6 %
Local Spending
6 %
Dining Spending
5 %

Eligibility

APR/ FEES

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