OCBC Cashflo Credit Card

To earn an annual fee waiver for your OCBC Cashflo Credit Card, you must meet the minimum spending of at least $10,000 in one year, starting from the month in which your OCBC Cashflo Credit Card was issued. And yes in two months when you turn 21 years old, you will be eligible for the product but bear in mind you also need an annual Income of $30,000 and above for Singaporeans and PRs while the annual income of $45,000 is fixed for foreigners

In order to earn an annual fee waiver for your OCBC Cashflo Credit Card, you must meet the minimum spending of at least $10,000 in one year, starting from the month in which your OCBC Cashflo Credit Card was issued to you.

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.