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Questions & Answers about FRANK Credit Card 2024

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FRANK Credit Card is good for young adults who want to spend and get rebates. Easy to apply for new applicants. OCBC FRANK Card also offers excellent rewards. If you want an accessible, no-fee cashback, no need to look for another, OCBC FRANK Card is for you.

Oversea-Chinese Banking Corporation

Oversea-Chinese Banking Corporation, Limited (OCBC), is consistently ranked amongst the World's Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker, was formed in 1932 by the merger of three local banks, oldest of which was founded in 1912. It is one of the highest-ranked banks as it is the second-largest financial services group in Southeast Asia by assets and is recognized for its financial strength and stability. OCBC Bank and its subsidiaries are widely acclaimed all throughout Singapore, Malaysia, Indonesia, and Greater China. It has more than 560 branches and representative offices in 19 countries and regions. OCBC Bank and its subsidiaries offer a comprehensive range of specialist financial and wealth management services and are listed on the SGT-ST as one of the largest listed companies in Singapore by market capitalization. It is also one of the largest listed banks in Southeast Asia by market capitalization and has more than 29,000 employees globally.

Would $100 invested monthly for a blue-chip via the OCBC Frank Card be a smart move?

Please note that OCBC Monthly Investment plan is too expensive for someone who wants to invest just $100 a month. I believe a $5 out of $100 is way too expensive and you should look to increase the size of your investment or look for other monthly investment plans out there. I remember my start out amount was $500 per month and OCBC only charge me the first $5 transaction only. Subsequently, I was not charge for more $5.

FRANK Credit Card

Would a $150 monthly investment into blue-chips through OCBC Frank be a good plan even with the monthly fee of $5?

From my personal experience OCBC Monthly Investment plan is too expensive for someone who wants to invest $150 a month. In my case I started out with $500 every month and OCBC only charged me for the first $5 transaction only and was not charged for further transactions anymore. I will advise that you step up your monthly investment amount.

FRANK Credit Card

Can one convert VOYAGE Miles to any frequent flyer miles with other airlines?

As it turns out, VOYAGE Miles can be converted to KrisFlyer Miles and redeemed for flights on any airlines but not directly without converting them. So yes you use VOYAGE Miles to redeem for not just flights on any airline but hotels as well with VOYAGE. VOYAGE Miles can be redeemed on other items such as cash, credit and/or Vouchers with select merchants. You can find a full listing of the redemption catalogue by visiting the OCBC Rewards page.

FRANK Credit Card