How does the OCBC Cashflo Credit Card work generally?
I am interested to know the dynamics of the OCBC Cashflo Credit Card payments and also a brief of the interest and rebate on the card.
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To put it simply, the OCBC Cashflo Credit Card automatically splits your payments into monthly instalments and lets you earn up to 1% rebate on your purchases. The provide a 0% interest but allow payment over 3 months when you spend from S$100 to less than S$1,000 and payment over 6 months when you spend S$1,000 and more. For rebates, you can expect a 0.5% cash rebate with a monthly bill below S$1,000 and 1% cash rebate with monthly bill of S$1,000 and above. Note that rebates are capped at S$100 per month.