Does anybody know the Annual Fee Waiver Criteria for an OCBC Cashflo Credit Card?

If you target to spend on major event tickets and high price items with the plan to split by instalment then this card is for you. However I notice that if you have an existing OCBC saving account, it makes bill payments much more seamless. And aside from being able to split payment into monthly instalments interest free, you can earn up to 1% rebate on your purchase. Only few cards in the market that allow auto convert spending into interest free instalment and still be entitled to 0.5% or 1% cash rebate.

If you’re looking for a hassle-free shopping card for big purchases, there’s no better option than the OCBC Cashflo Card. This card offers a 0% interest instalment plan that, unlike the competition, does not charge a processing fee and rewards payments of up to 1% rebate which actually the highest on the market.

OCBC Cashflo Card offers a ‘trigger’ system that is set up to automatically split payments at a given threshold. Almost all other cards require you to call ahead and apply before making the purchase however that is not the case with OCBC Cashflo Card which allows you to conveniently shop now and pay later, and even enjoy 1% cashback on instalments.

OCBC Cashflo Card benefits consumers who frequently spend more than they can immediately afford by providing a convenient 0% interest instalment plan and by offering 1% flat rebate after $1,000 monthly spend (0.5% if below). Cardholders can not only enjoy worry-free shopping, they can also earn on most of their expenditures.

Not to sound too familiar but I actually find OCBC Cashflo Card’s instalment plan to be especially convenient. It offers a unique trigger system that permits consumers to make big, spontaneous purchases without calling ahead or waiting for approval. Consumers specify a threshold for which transactions are automatically split into instalments, with duration based on the total transaction amount. Consumers can then split charges as low as S$100 across as little as 3 months.

The OCBC Cashflo Credit Card is very perfect for big spending as it automatically splits the payments into monthly instalments that is paying over a 3 months period when spending $100 to $1,000 or paying over a 6 months period when spending above $1,000. With the help of monthly instalment it turns out I do not have to keep track of my monthly spending in order to meet minimum spending of $500 for additional interest for my saving account.

So it is really convenient that I can get and use my card instantly when I apply via MyInfo. And the cards instant digital card that can be used for mobile wallets, online and mobile app purchases. Now aside from the same day physical credit card issuance for online applications you also get S$50 cash rebate upon approval with no minimum spend required. However that is only for new OCBC Credit Card applications.

I like the idea that I can receive 40,000 Membership Rewards points when I get to successfully refer any of my friends to the card. Even more so as my friends can also receive 40,000 Membership Rewards points upon spend of S$5,000 in the first 3 months of their Card Membership. I think that is pretty much a win-win situation.

For me nothing beats the 5% year-round cash rebates on dining, groceries, petrol and transport (that is taxis, ride hailing, trains and buses inclusive), locally and overseas when you spend minimum S$600 per month. And the cash rebate is capped at S$150 per month. So if you don’t drive, not to worry as you can enjoy 5% cash rebate for your transportation needs, be it a taxi ride, a booking made via ride hailing apps, or trains/buses.

A 5% cash rebate on fuel purchases and a 16% instant discount is a great deal for me I must say, the HSBC VISA Platinum Credit Card indeed makes driving more fun for me as i always look forward to the 16% instant discount plus 5% cash rebate on all fuel spend at Caltex and Shell stations

The delivered on the promise of purchase Protection of up to 90 days when ensured reimbursement on an eligible online purchases I made with my Amex Express Gold Card. Irrespective where you buy online or shopping at the local supermarket, their Purchase Protection offers repair, replacement or reimbursement on eligible purchases made with the Card, that has been damaged or stolen within 90 days of purchase.

Very impressed by the complimentary night stay I got after I made bookings for a five nights stay at a resort I spent my birthday at in Malaysia. Even more pleasing was the complimentary golf games at a high quality golf courses in Malaysia. As a matter of fact, I had as much as six complementary golf games.