If you’re looking for a credit card that offers payment flexibility and convenience, the Cashflo Card with its Cashflo Card OCBC Review might be the one for you.
This card allows you to split payments over 3 or 6 months with 0% interest. It’s an excellent option for those who need to make big purchases but don’t want to pay for them all at once.
The OCBC Cashflo Card offers a 1% flat rebate after you spend S$1,000 per month. This rebate can be used to offset your future purchases or be credited to your account. Additionally, the card offers discounts on petrol, dining, and shopping. If you’re a frequent shopper, these rewards and benefits can add up quickly and save you a lot of money in the long run.
Key Takeaways
- The OCBC Cashflo Card offers flexibility and convenience, allowing you to split payments over 3 or 6 months with 0% interest.
- The card offers a 1% flat rebate after you spend S$1,000 monthly and discounts on petrol, dining, and shopping.
- If you’re a frequent shopper, the rewards and benefits of the OCBC Cashflo Card can add up quickly and save you a lot of money in the long run.
Cashflo Card OCBC Review: The Overview
If you’re looking for a credit card with a flexible payment plan for your big purchases, the OCBC Cashflo Card might be the right choice. This credit card is designed to provide a hassle-free shopping experience while allowing you to manage your finances more effectively.
Unique Features
One of the unique features of the OCBC Cashflo Card is its 0% interest instalment plan. Unlike competitors, this card does not charge a processing fee for its instalment plan. This means you can stretch your payments over 3 or 6 months without worrying about additional charges.
Another great feature of the OCBC Cashflo Card is its rewards program. You can earn up to 1% rebate on your payments, which is the highest rebate rate on the market. This means that you can save money while enjoying the convenience of using a credit card for your purchases.
Eligibility Criteria
To be eligible for the OCBC Cashflo Card, you must be at least 21 years old and have a minimum annual income of S$30,000. You must also be a Singaporean citizen or a permanent resident.
If you meet these requirements, you can apply for the OCBC Cashflo Card online or at any OCBC branch. The application process is simple and straightforward; you can expect a response within a few days.
Overall, the OCBC Cashflo Card is an excellent option for anyone who wants to enjoy the benefits of a credit card while managing their finances more effectively. With its unique features and flexible payment plan, this card is an excellent choice for anyone who wants to save money and enjoy a hassle-free shopping experience.
Cashflo Card OCBC Review: Rewards and Benefits
Are you looking for a credit card with great rewards and benefits? The OCBC Cashflo Credit Card might be the perfect fit for you. Let’s take a closer look at what rewards and benefits this card offers.
Cash Rebates and Cashback
One of the main benefits of the OCBC Cashflo Credit Card is the cash rebates and cashback you can earn. With this card, you can earn up to 1% cash rebate on all your spending. Moreover, if you spend more than S$1,000 monthly, you can enjoy a flat rebate of 1%. This makes it an excellent choice for those who love to shop and want to earn more rewards.
0% Interest Instalment Plan
Another great benefit of the OCBC Cashflo Credit Card is the 0% interest instalment plan. With this plan, you can stretch your payments over 3 or 6 months with 0% interest. This is an excellent option for those who want to make big purchases without worrying about paying interest.
Cashflo Card OCBC Review: Additional Perks
Aside from cash rebates and 0% interest instalment plans, the OCBC Cashflo Credit Card also offers additional perks. For example, you can enjoy a fee waiver with an S$10,000 annual spend. This means you can save on fees and put that towards more shopping or other expenses.
Moreover, if you frequently spend in Johor Bahru, you can earn cashback on overseas spending at restaurants, petrol stations, grocery stores, and pharmacies with the OCBC Titanium Rewards Card. This makes it an excellent option for those who love to travel and shop overseas.
In conclusion, the OCBC Cashflo Credit Card offers a variety of rewards and benefits that make it an excellent choice for those who love to shop and want to earn more rewards. With cash rebates, 0% interest instalment plans, and additional perks, this card is an excellent option for anyone looking for convenience and premium benefits.
Cashflo Card OCBC Review: Understanding the Fees
When considering any credit card, it’s essential to understand its associated fees. Here is what you need to know about the fees associated with the OCBC Cashflo Card.
Cashflo Card OCBC Review: Annual Fee and Waiver
The OCBC Cashflo Card has an annual fee of S$160.50. However, this fee can be waived if you spend at least S$10,000 per year on the card. This is a great way to avoid the annual fee and make the most of your card.
Cashflo Card OCBC Review: Processing and Transaction Fees
There are no processing or transaction fees associated with the OCBC Cashflo Card. You won’t be charged extra fees for using your card to make purchases or payments.
Cashflo Card OCBC Review: Other Charges to Consider
While there are no processing or transaction fees, there are other charges that you should be aware of. For example, if you make a late payment, you will be charged a late payment fee of S$100. Additionally, if you exceed your credit limit, you will be charged an over-limit fee of S$40.
It’s also important to note that the OCBC Cashflo Card has an interest rate of 25.92% per annum. This is a relatively high-interest rate, so it’s essential to make sure that you pay off your balance in full each month to avoid paying interest charges.
Overall, the fees associated with the OCBC Cashflo Card are relatively standard for a credit card. However, it’s essential to ensure you understand all the charges related to the card before you apply for it.
Cashflo Card OCBC Review: Payment Flexibility
If you’re looking for a credit card that offers payment flexibility, the OCBC Cashflo Card may be the perfect choice. With this card, you can split your payments into 3 or 6 months with 0% interest. This feature is handy if you want to make a large purchase but don’t want to pay the full amount upfront.
Split Payments and Instalments
The OCBC Cashflo Card offers a unique feature that automatically splits your payments into instalments. This means you don’t have to request instalments, manually making the process more convenient. Additionally, the card doesn’t charge any processing fees for this service, which can save you a lot of money in the long run.
Threshold and Trigger System
The OCBC Cashflo Card also has a threshold and trigger system that automatically converts your spending into interest-free instalments. This means that you don’t have to request for instalments every time you make a purchase manually. The threshold for this feature is S$100, and the trigger system automatically applies to any purchase above this amount.
Overall, the OCBC Cashflo Card is an excellent choice if you’re looking for a credit card that offers payment flexibility. With its split payments and instalments feature and its threshold and trigger system, you can easily manage your finances and make large purchases without worrying about upfront costs.
Cashflo Card OCBC Review: Making the Most of Your Card
The OCBC Cashflo Credit Card is a versatile card that can help you save money on your regular expenses. Here are some strategies to help you get the most out of your card:
Strategies for Big Spending
If you have a big purchase coming up, consider using your OCBC Cashflo Credit Card to pay for it. You can enjoy interest-free instalment plans for up to 6 months with a one-time processing fee. This can help you spread out the cost of your purchase and avoid paying high interest rates on your credit card.
Optimising Regular Expenses
To maximise your cashback earnings, make sure you are meeting the minimum spending requirement of $1,000 per month. You can also earn cashback on your monthly instalment payments, so consider using your card to pay for big-ticket items like furniture or electronics.
Leveraging Promotions and Discounts
Please take advantage of promotions and discounts offered by OCBC and its partners to save even more money. For example, you can earn up to 10% cashback on dining and transport expenses using your OCBC Cashflo Credit Card. You can also enjoy discounts on petrol, Grab rides, EZ-Link top-ups, and more.
By using these strategies, you can make the most of your OCBC Cashflo Credit Card and save money on your regular expenses.
Cashflo Card OCBC Review: Comparing with Competitors
Cashflo Card OCBC Review: Credit Card Market Analysis
When considering the OCBC Cashflo Card, it is essential to compare it to its competitors in the market. In the Singapore credit card market, many options are available, each with unique features and benefits. Some of the most prominent players in the market include DBS, UOB, and Citibank.
When comparing the OCBC Cashflo Card to its competitors, one of the standout features is its interest-free instalment plan. This feature allows you to make large purchases and pay them off over time without incurring interest charges. This is an excellent option if you need to make a big purchase but don’t have the cash to pay for it upfront.
Cashflo Card OCBC Review: Competitor Card Features
Another important factor to consider when comparing the OCBC Cashflo Card to its competitors is the features and benefits offered by other cards. For example, the DBS Live Fresh Card offers cashback on online purchases and contactless payments, while the UOB One Card offers cashback on all spending categories.
If you frequently travel overseas, you may want to consider a card that offers benefits for foreign currency spend. The Citibank Rewards Card, for example, offers rewards points for foreign currency spend, which can be redeemed for a variety of benefits.
When comparing the OCBC Cashflo Card to its competitors, it is essential to consider your own spending habits and needs. Take the time to review the features and benefits of each card and choose the one that best fits your lifestyle.
Overall, the OCBC Cashflo Card is an excellent option for those looking for an interest-free instalment plan and payment rewards. However, it may not be the best option for those prioritising cashback rewards or benefits for foreign currency spend.
Cashflo Card OCBC Review: Shopping and Travel Insights
Retail and Online Shopping
If you enjoy shopping, then the OCBC Cashflo Credit Card is definitely for you. With its 0% interest instalment plan, you can now shop worry-free and stretch your payments over 3 or 6 months, depending on your preference. This feature is handy for those who frequently spend more than they can immediately afford.
Moreover, the OCBC Cashflo Credit Card offers a flat rebate of 1% on most of your expenditures, which increases to 1.6% if you spend more than S$2,000 a month. This means you can earn cashback while indulging in your favourite retail therapy, whether online or in-store.
Benefits for Travellers
If you are a frequent traveller, you will appreciate the benefits of the OCBC Cashflo Credit Card. You can earn a 1% flat rebate on your local and overseas spending, which is especially useful if you frequently travel for business or leisure.
In addition, the card offers a range of travel benefits such as complimentary travel insurance coverage of up to S$500,000, and discounts on airport limousine services. This means that you can enjoy a hassle-free travel experience without worrying about unexpected expenses.
The OCBC Cashflo Credit Card is an excellent choice for those who enjoy shopping and travelling. With its 0% interest instalment plan, worry-free shopping, and travel benefits, you can indulge in your favourite activities without worrying about overspending. Plus, with its flat rebate of 1%, you can earn cashback on most of your expenditures, making it an excellent choice for those who want to maximise their salary.
Frequently Asked Questions
What fabulous benefits can you expect with the OCBC Cashflo Card?
With the OCBC Cashflo Card, you can enjoy many benefits that make your shopping experience more rewarding. Firstly, you can enjoy 0% interest instalment plans for up to 12 months on your purchases. Additionally, you can earn up to 1% flat rebate on all your spending, making it easier to save while you spend.
How can you enjoy 0% instalments over 12 months with the OCBC Cashflo Card?
To enjoy 0% instalments over 12 months, you only need to purchase at least S$500 with your OCBC Cashflo Card. You can then split your payment into 3 or 6 monthly instalments at 0% interest.
Can you compare the thrills of the OCBC Cashflo vs NXT cards?
The OCBC Cashflo Card is designed to help you manage your spending easily, while the OCBC NXT Card is about exploring new experiences and creating new moments. Both cards have unique benefits, so it’s up to you to decide which suits your lifestyle and spending habits best.
How do you qualify for the OCBC Cashflo Card’s annual fee waiver?
To qualify for the OCBC Cashflo Card’s annual fee waiver, you must spend a minimum of S$10,000 annually. If you meet this requirement, you can enjoy an annual fee waiver for the first two years of card membership and subsequent years.
What’s the exciting trigger amount for automatic instalments on the OCBC Cashflo?
The exciting trigger amount for automatic instalments on the OCBC Cashflo Card is S$100. This means that any purchase you make that is S$100 or more will automatically be split into monthly instalments at 0% interest.
How does the OCBC Cashflo Platinum card elevate your spending experience?
The OCBC Cashflo Platinum card takes your spending experience to the next level with exclusive privileges and perks. You can enjoy complimentary travel insurance, access to airport lounges, and discounts at selected merchants. Additionally, you can earn up to 1.5% flat rebate on all your spending, making it even easier to save while you spend.
