Are you looking for a credit card that offers great rewards and benefits for your everyday spending? Look no further than the OCBC Plus Visa Credit Card. This card is one of the most popular credit cards in Singapore, and for good reason. With its impressive range of features and benefits, it’s a great choice for anyone looking to get more out of their credit card.
The key features of the OCBC Plus Visa Credit Card include cash rebates and discounts at FairPrice Unity and Warehouse stores, fuel savings, bonus Linkpoints, and more. You can enjoy up to 7% off in-store purchases at FairPrice, making it an ideal choice for anyone who shops there regularly. Plus, with no minimum annual income requirement for students and freelancers, it’s a great option for anyone just starting out in their career.
If you’re looking for a credit card that offers a wide range of benefits and rewards, the OCBC Plus Visa Credit Card is definitely worth considering. With its attractive features and competitive fees and charges, it’s a great choice for anyone looking to get more out of their credit card. So why wait? Apply for your OCBC Plus Visa Credit Card today and start enjoying all the great benefits it has to offer.
Key Takeaways
- The OCBC Plus Visa Credit Card offers a range of benefits and rewards, including cash rebates and discounts at FairPrice Unity and Warehouse stores, fuel savings, and bonus Linkpoints.
- With no minimum annual income requirement for students and freelancers, it’s a great option for anyone just starting out in their career.
- The card is a popular choice in Singapore, thanks to its attractive features and competitive fees and charges.
Key Features of OCBC Plus Visa Credit Card
If you’re looking for a credit card that offers exclusive rebates and rewards, then the OCBC Plus! Visa Credit Card might be the perfect choice for you. This credit card is offered by OCBC Bank, and it comes with a range of benefits that can help you save money and earn rewards.
Exclusive Rebates and Rewards
One of the key features of the OCBC Plus! Visa Credit Card is its cash rebates and LinkPoints rewards. With this credit card, you can enjoy up to 7% off in-store purchases at retailers like FairPrice Stores, Unity, and Warehouse Club. In-person Visa purchases at FairPrice, Unity, and Warehouse stores will attract a 7% bonus LinkPoints rebate. Online FairPrice purchases and Visa spendings will attract a 3% LinkPoints rebate. You can also earn up to 12% rebate on your FairPrice and Unity spend and save even more with NTUC/OCBC Plus! Visa Credit Cards.
In addition to these rebates, you can also earn OCBC$ for every dollar you spend with your OCBC Plus! Visa Credit Card. These OCBC$ can be redeemed for a range of rewards, including dining vouchers, shopping vouchers, and more.
Fuel Savings with Petrol Partners
If you’re looking to save money on petrol, then the OCBC Plus! Visa Credit Card can help you do just that. This credit card offers fuel savings at petrol partners like Caltex and Esso. You can enjoy up to 18.3% fuel savings at Caltex with your OCBC Plus! Visa Credit Card and Esso Smiles account. You can also enjoy up to 20.2% fuel savings at Esso with your OCBC Plus! Visa Credit Card and Esso Smiles account.
Overall, the OCBC Plus! Visa Credit Card is a great choice if you’re looking for a credit card that offers exclusive rebates and rewards. With its cash rebates, LinkPoints rewards, and fuel savings, this credit card can help you save money on your everyday expenses.
Understanding the Benefits
If you are looking for a credit card that offers a range of benefits for your daily expenses, the OCBC Plus Visa Credit Card is worth considering. This card is designed to offer you a range of perks, including cashback, miles, and rewards, for your everyday expenses. Here are some of the benefits you can enjoy with this card.
Grocery Shopping Perks
If you are a regular shopper at FairPrice stores, you can enjoy up to 12% rebate on your FairPrice and Unity spend with the OCBC Plus Visa Credit Card. This card also offers you a range of benefits when you shop online at FairPrice. You can redeem your rebates instantly at the cashier, or accumulate them for future use.
Dining and Entertainment Rewards
The OCBC Plus Visa Credit Card also offers you a range of rewards when you dine out or enjoy entertainment activities. You can enjoy up to 8% cashback on dining, including popular restaurants and cafes. This card also offers you cashback on streaming services such as Netflix and Spotify, as well as entertainment activities such as movies and concerts.
Travel and Overseas Spend Advantages
If you are a frequent traveller, the OCBC Plus Visa Credit Card offers you a range of benefits for your travel expenses. You can enjoy up to 3 miles per dollar on overseas spend, including foreign currency spend. This card also offers you a range of travel benefits, including travel insurance, airport lounge access, and discounts on travel bookings.
Overall, the OCBC Plus Visa Credit Card is a great choice for those who want to earn rewards and cashback on their everyday expenses. Whether you are shopping for groceries, dining out, or travelling overseas, this card offers you a range of benefits that can help you save money and earn rewards.
Fees and Charges
As with any credit card, it’s important to understand the fees and charges associated with the OCBC Plus! Visa Credit Card. Here’s what you need to know:
Annual Fee and Waivers
The OCBC Plus! Visa Credit Card has an annual fee of S$107 (inclusive of GST), which is waived for the first year. However, you can avoid paying the annual fee altogether if you spend a minimum of S$10,000 in a year using your card. Additionally, you can also enjoy a fee waiver by spending S$2,500 in the first year of card membership.
Interest Rates and Late Payment Charges
The interest rate for the OCBC Plus! Visa Credit Card is 26.88% p.a. However, if you make your payments on time, you won’t have to worry about paying interest. If you do miss a payment, you’ll be charged a late payment fee of S$100.
It’s important to note that if you only make a partial payment, you’ll still be charged interest on the remaining balance. To avoid this, it’s best to pay your balance in full each month.
In summary, while the OCBC Plus! Visa Credit Card does come with an annual fee, it’s possible to have it waived if you meet certain spending requirements. Additionally, it’s important to make your payments on time to avoid late payment fees and interest charges.
Eligibility and Application
If you’re interested in applying for the OCBC Plus Visa Credit Card, you need to meet certain qualifying criteria. Here’s what you need to know:
Qualifying Criteria
To be eligible for the OCBC Plus Visa Credit Card, you must meet the following criteria:
- You must be at least 21 years old.
- You must have a minimum annual income of SGD 30,000 if you’re a Singaporean citizen or permanent resident, or SGD 45,000 if you’re a foreigner.
- You must have a good credit rating.
Application Process
To apply for the OCBC Plus Visa Credit Card, you can visit the OCBC website and fill out an online application form. Alternatively, you can visit any OCBC bank branch in Singapore to apply in person.
When filling out the application form, make sure you have all the necessary documents on hand. You’ll need to provide proof of identity, such as your NRIC or passport, as well as proof of income, such as your latest payslip or income tax statement.
Once you’ve submitted your application, it will be reviewed by OCBC. If your application is approved, you’ll receive your new credit card within a few business days.
Rewards Redemption and Usage
Redeeming OCBC$ and LinkPoints
With the OCBC Plus Visa Credit Card, you can earn OCBC$ and LinkPoints on your spending. These rewards can be redeemed for various items such as vouchers, gifts, and cash rebates. To redeem your rewards, simply log in to your OCBC online banking account and follow the instructions.
You can redeem your OCBC$ for vouchers from retailers such as CapitaLand, Robinsons, and more. You can also redeem your OCBC$ for cash rebates on your credit card statement. For example, you can redeem 10,000 OCBC$ for a $30 statement credit.
LinkPoints can be redeemed for a variety of items such as groceries, petrol, and more. You can redeem your LinkPoints at participating merchants such as FairPrice, Unity, and more. Simply present your Plus! card or enter your mobile number at the cashier to redeem your LinkPoints.
Maximising Rebate Rates
To maximise your rebate rates with the OCBC Plus Visa Credit Card, it is important to understand the various rebate tiers. You can earn up to 7% rebate at FairPrice, Unity, and Warehouse Club stores with a minimum spend of $500 per month. If you are an NTUC union member, you can earn up to 8% rebate with a minimum spend of $400 per month.
You can also earn up to 5% rebate on petrol purchases at Caltex and Esso stations with a minimum spend of $500 per month. Additionally, you can earn up to 3% rebate on online purchases with a minimum spend of $500 per month.
To maximise your rebate rates, it is important to plan your spending accordingly. For example, if you know you will be making a large purchase at FairPrice, it may be beneficial to wait until the following month to make additional purchases to reach the minimum spend requirement and earn a higher rebate rate.
Overall, the OCBC Plus Visa Credit Card offers a variety of rewards and rebate rates that can help you save money on your purchases. By understanding how to redeem your rewards and maximise your rebate rates, you can make the most of your credit card and enjoy the benefits it has to offer.
Managing Your Card
As an OCBC Plus Visa Credit Card holder, managing your card is made easy with the bank’s online banking and mobile app. Here’s what you need to know:
Online Banking and Mobile App
OCBC’s online banking platform and mobile app let you check your account balance, view your transactions, and pay your bills with just a few clicks. You can also set up alerts for when your credit card bill is due or when a transaction exceeds a certain amount.
The mobile app is especially convenient as you can access your account on-the-go. You can also use the app to block your card if it’s lost or stolen, and to request for a new card to be issued.
Customer Service and Support
If you have any questions or concerns about your OCBC Plus Visa Credit Card, you can contact the bank’s customer service hotline or visit one of their branches. The bank’s website also has a comprehensive FAQ section that covers common questions about credit cards, including how to apply for a card, how to activate your card, and how to dispute a transaction.
OCBC’s customer service team is known for being responsive and helpful, so you can be assured that your questions will be answered promptly. If you need to report a lost or stolen card, you can do so by calling the bank’s hotline, which operates 24/7.
Overall, managing your OCBC Plus Visa Credit Card is a breeze thanks to the bank’s user-friendly online banking platform and mobile app, as well as their helpful customer service team.
Comparing OCBC Plus Visa with Competitors
OCBC Plus Visa vs OCBC 365 Card
If you are looking for a credit card with cashback rewards, then you may be considering both the OCBC Plus Visa and the OCBC 365 Card. Both cards offer cashback on various categories, but there are some key differences to consider.
The OCBC Plus Visa offers cashback on groceries, petrol, and recurring bills. On the other hand, the OCBC 365 Card offers cashback on dining, online shopping, and groceries. While both cards offer cashback on groceries, the OCBC Plus Visa offers a higher cashback rate of up to 7% compared to the OCBC 365 Card’s 3%.
Another key difference is the annual fee. The OCBC Plus Visa has an annual fee of S$192.60, while the OCBC 365 Card has an annual fee of S$192.60. However, the OCBC Plus Visa offers a higher welcome bonus, which can offset the annual fee.
OCBC Plus Visa vs Other Bank Cards
If you are considering the OCBC Plus Visa, you may also be looking at other bank cards such as the POSB Everyday Card or the DBS Live Fresh Card. Here is a quick comparison of the OCBC Plus Visa with some of its competitors:
| Card | Cashback | Annual Fee | Welcome Bonus |
|---|---|---|---|
| OCBC Plus Visa | Up to 7% on groceries, petrol, and recurring bills | S$192.60 | Up to S$180 cashback |
| POSB Everyday Card | Up to 8% on groceries, dining, and transport | S$192.60 | Up to S$220 cashback |
| DBS Live Fresh Card | Up to 5% on online and Visa contactless purchases | S$192.60 | Up to S$200 cashback |
As you can see, the POSB Everyday Card offers a higher cashback rate on groceries, dining, and transport compared to the OCBC Plus Visa. However, the OCBC Plus Visa offers a higher cashback rate on petrol and recurring bills. The DBS Live Fresh Card, on the other hand, offers cashback on online and Visa contactless purchases.
When it comes to the annual fee, all three cards have the same annual fee of S$192.60. The welcome bonuses for all three cards are also similar, with the OCBC Plus Visa offering up to S$180 cashback, the POSB Everyday Card offering up to S$220 cashback, and the DBS Live Fresh Card offering up to S$200 cashback.
In conclusion, the OCBC Plus Visa is a good option if you are looking for a credit card that offers cashback on groceries, petrol, and recurring bills. However, if you are looking for a card that offers cashback on dining and transport, then the POSB Everyday Card may be a better option. If you prefer to shop online or make Visa contactless purchases, then the DBS Live Fresh Card may be a better choice.
Conclusion
Congratulations! You have made it to the end of our article on the OCBC Plus Visa Credit Card Review Singapore. We hope that you found the information helpful and informative.
In conclusion, the OCBC Plus Visa Credit Card is a great card for those who are looking to save on their everyday spending. With its key features such as up to 12% rebate on your FairPrice and Unity spend and save even more with NTUC/OCBC Plus!, this card is definitely worth considering.
Our verdict on the OCBC Plus Visa Credit Card is that it is a solid choice for those who are looking for a credit card that offers great rewards and benefits. However, it is important to note that the card does come with an annual fee of S$160.50, which may not be suitable for everyone.
Overall, if you are looking for a credit card that offers great rewards and benefits, and you are willing to pay an annual fee, then the OCBC Plus Visa Credit Card is definitely worth considering.
Frequently Asked Questions
What fabulous perks come with the OCBC Plus Visa Credit Card?
The OCBC Plus Visa Credit Card offers a range of fabulous perks to its users. You can enjoy cash rebates and discounts at FairPrice Unity and Warehouse stores, fuel savings, bonus LinkPoints, and more. Additionally, you can get up to 7% off in-store purchases at FairPrice.
How does the OCBC Plus card compare to the OCBC Titanium?
Compared to the OCBC Titanium Rewards Card, the OCBC Plus Visa Credit Card is more suitable for people who frequently shop at FairPrice. With the OCBC Plus card, you can enjoy up to 12% rebate on your FairPrice and Unity spend and save even more with NTUC/OCBC Plus! Visa Credit Cards.
What’s the buzz about the OCBC 365 Credit Card’s annual fee?
The OCBC 365 Credit Card has an annual fee of S$192.60, which is waived for the first two years. This fee is relatively high compared to other credit cards in Singapore. However, the card offers a range of benefits, including cashback on dining, groceries, and petrol, making it a popular choice for many Singaporeans.
Can you believe the minimum income required for an OCBC credit card?
The minimum income required for an OCBC credit card varies depending on the card. For example, the minimum income requirement for the OCBC Plus Visa Credit Card is S$30,000 for Singaporeans and S$45,000 for foreigners. This requirement is relatively low compared to other credit cards in Singapore.
Are you still able to use your OCBC Plus card with absolute confidence?
Yes, you can use your OCBC Plus Visa Credit Card with absolute confidence. The card is widely accepted in Singapore and overseas, and it comes with a range of security features to protect you against fraud and unauthorised transactions.
How thrilling is the showdown between DBS Live Fresh and OCBC 365?
The showdown between DBS Live Fresh and OCBC 365 is quite thrilling. Both cards offer similar benefits, including cashback on dining, groceries, and petrol. However, the OCBC 365 Credit Card has a higher cashback cap, while the DBS Live Fresh Card offers cashback on online shopping and mobile payments. Ultimately, the choice between the two cards depends on your spending habits and preferences.
