OCBC Frank Card

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Key Features

Up to 10%
Cash Back
^S$100
Cash Back Cap per month
^S$800
Min. Total Spend per month

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Entertainment

Enjoy up to 8% cashback for mobile payments.
Get an additional 2% cashback for contactless payment at selected green merchants, such as SimplyGo and BlueSG.
Cashback is capped at S$100 per month.
The principal card’s annual fee is waived for two years, subsequent years waived with a minimum spend of S$10,000 per annum.

Online Shopping

Earn up to 8% cashback on all local online purchases and purchases made in foreign currency.
Receive an additional 2% cashback when shopping at selected green merchants, such as Scoop Wholefoods and Little Farms.
Cashback is capped at S$100 per month.
The principal card’s annual fee is waived for two years, subsequent years waived with a minimum spend of S$10,000 per annum.
A minimum total spend of $800 is required to qualify for the cashback.

Cash Back

Earn 8% cashback on in-store mobile contactless payments and foreign currency spending.
Get up to 8% cashback for mobile payments.
Cashback is capped at S$100 per month.
The principal card’s annual fee is waived for two years, subsequent years waived with a minimum spend of S$10,000 per annum.

Other Features

Minimum Total of $800 spend .
Earn up to 8% cashback on all local online spending or foreign currency spending.
Get an additional 2% cashback when shopping at selected green merchants, such as Scoop Wholefoods, Little Farms, SimplyGo, and BlueSG.
Cashback is capped at S$100 per month.
The principal card’s annual fee is waived for two years, subsequent years waived with a minimum spend of S$10,000 per annum.
The supplementary card’s annual fee is waived for two years.
LOANPANDA strives to provide accurate and up-to-date information, but please note that information from financial institutions, service providers, or product sites may differ. LOANPANDA is not liable to compensate customers if the information is not as updated as our partners.

Eligibility

Singaporean/PR Minimum Income

S$30,000

Non-Singaporean Minimum Income

S$45,000

Fees and Charges

Annual Principal Fee: S$0 for first 2 years, then S$80 a year from 3rd year
Supplementary Annual Fee: S$0 for first 2 years, then S$40 a year from 3rd year
Fee Waiver: Available
Interest Free Period: 23 days
Annual Interest Rate: 26.88%
Late Payment Fees: S$100
Minimum Monthly Repayment: 3% or S$50, whichever is higher
Foreign Currency Transaction Fee: 3.25%
Foreign Check Fee: N/A
Cash Advance Transaction Fee: 6% or $15, whichever is higher
Overlimit Fee: N/A

Review

By LOANPANDA

The OCBC Frank Card offers up to 10% cashback on various categories, including entertainment and online shopping, with a monthly cap of S$100. The card’s annual fee is waived for the first two years, and subsequent years can also be waived with a minimum spend of S$10,000 per annum.

However, a minimum spend of S$800 per month is required to qualify for the cashback. The card also offers additional benefits for shopping at selected green merchants. Overall, the OCBC Frank Card is a good option for those who frequently spend on entertainment and online shopping and want to earn cashback rewards.

FAQ

A credit card is a convenient tool for people to pay for purchases today, offering many perks and rewards that can add up to more savings for the cardholders.

While there are so many types of credit cards offering different features, you may wonder: How best to choose one that suits you?

Here’s a short guide LOANPANDA has compiled to help you understand the credit card requirements, interest rates and basic payment terms.