|Spend S$500 and more a month on your card||Spend less than S$500 a month on your card|
|FOR YOUR ONLINE PURCHASES AND NETS FLASHPAY AUTO TOP-UPS||
|FOR YOUR OTHER PURCHASES||
Online retail transactions are defined as goods or services you buy via the internet and pay with your FRANK Credit Card. These transactions are excluded from the calculation of cash rebates: purchases made via telephone or mail order; bill payments (online mobile bill payment to Singtel, Starhub and M1 are eligible); recurring payments for mobile, telephone, cable, insurance, utility bills or income tax; donations; payment of funds to prepaid accounts, payments using internet banking; annual card fees; Instalment Payment Plans; Cashwise facility, Cash Advances and Balance Transfers; Goods and Services tax; fees and charges such as interest and late payment charges or any other transactions determined by OCBC from time to time.
Click here for the common websites that you can earn rebates on
(Do note that it is NOT limited to this list, we love to list down everything but there is not enough space to do so.)
The determination of an online transaction is based on system indicator. These indicators are decided by the merchant and their banker and get passed to the Bank
when the transaction is posted to the card. Typically, merchants will classify the transactions as online or non-online. However, we noticed that some purchases made
online were not classified as online transactions and we are looking into rectifying this. If you notice a discrepancy in the cash rebates, please contact our hotline at
1800 363 3333 for assistance.
Here are more benefits with the FRANK Credit Card:
The FRANK Credit Card comes registered with the NETS FlashPay Auto Top-Up feature. You can tap to activate and enjoy 6% rebates on:
Note: The FlashPay ATU feature will only work when you tap your card for MRT/LRT, public buses, ERP and EPS Cepas2 car parks. ATU feature doesn't work at retail outlets.
We reward you with a S$5 Coffee Bean & Tea Leaf voucher when you pay on time for 6 consecutive months in your first year of membership. Promotion is limited to a maximum of 2 redemptions per cardmember.
Easily manage your credit card
spending through Online Banking
Know where your money is going with OCBC Money In$ights via OCBC Online and Mobile Banking.
Watch our video to learn more about Money In$ights.
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|Requirement & Charges|
|Age and Income Requirement||You must be aged 21 and above with a minimum annual income of S$30,000.|
|Annual fee||S$32.10 (2 years waived for Principal and Supplementary Cards)
A minimum of S$6,000 annual Visa spend is required for subsequent annual fee waiver.
|Interest-free period||24 calendar days from statement date if there is no balance carried forward from the previous statement.|
|Interest on purchases||24.96% per annum if full payment is not made by payment due date. Minimum charge is S$2.50 per month and is calculated from the transaction date until the date that full payment is made.|
|Interest on cash advances||28.92% per annum on the amount withdrawn from the transaction date until the date that full payment is made.|
|Minimum monthly payment||Accounts with Outstanding Amounts within the Credit Limit
S$50 or 3% of the Total Balance, whichever is higher, and any overdue amount.
Accounts with Outstanding Amounts exceeding the Credit Limit
3% of the Total Balance plus the amount in excess of the Credit Limit and any overdue amount.
|Late payment charges||S$60 if the minimum payment is not received by payment due date.|
|Cash advance fee||S$15 or 6% of amount withdrawn, whichever is greater.|
|Fees for foreign currency transactions||
Foreign currency transactions, other than USD transactions, will first be converted to USD before being converted to SGD based on the exchange rates determined by the respective card associations.
All foreign currency transactions are subject to a currency conversion charge imposed by the respective card associations and an administrative fee imposed by the Bank amounting to 1% and 1.8% of the foreign currency transaction amount respectively.
|Payment hierarchy||OCBC Credit Cards (except PLUS Visa Credit Card)
If full payment is not made by payment due date, payment is first applied to the balance that attracts the lowest interest rate.
|Lost / stolen card liability||$100 (For details, refer to clause 9 of ABS' Guide on "What You Should Know About Credit Cards"|
|FRANK Card Replacement Fee||Card replacement fee is waived for up to 2 replacements within a 12-month period. A S$30 card replacement fee applies from the 3rd replacement onwards.|
|FRANK Card Design Fee||For change of card design or lost/stolen cards, card design fee of S$10 – S$20 applies. For damaged or faulty card, card design fee is waived if there is no change in card design. Please click here for card design ID and fees.|
|NETS FlashPay automatic top-up fee||S$50 (top-up value); S$0.25 per automatic top-up (waived till 31 December 2014)|
|There may be circumstances in which you have to pay other fees. Please refer to the OCBC Cardmember Agreement for full details.|