How is this OCBC Cashflo credit card different from the OCBC Great Eastern Cashflo credit card? - Seedly
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OCBC Cashflo Credit Card

OCBC Great Eastern Cashflo Credit Card

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Anonymous

Asked on 20 Apr 2020

How is this OCBC Cashflo credit card different from the OCBC Great Eastern Cashflo credit card?

They honestly seem the same to me. Anything I should be aware of that differentiates them?

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Yang Teng
Yang Teng
Level 9. God of Wisdom
Updated on 20 Apr 2020

The rebates for these two cards are different and ability to pay insurance premiums are differs as shown in the terms and conditions.

OCBC Cashflo Card

  • If your monthly billed amount of eligible retail spend is below S$1,000, you will receive 0.5% cash rebates calculated on the total billed amount of eligible retail spend.

  • If your monthly billed amount of eligible retail spend is S$1,000 and above, you will receive 1.0% cash rebates calculated on the total billed amount of eligible retail spend subject to a cap of S$100 per month.

Transaction classified under the MCC will not be taken into account in the award and computation of cash rebates or in the computation of “eligible retail spend”:

6300 - Insurance Sales, Underwriting and Premiums

OCBC Great Eastern Cashflo Card

  • 0.3% cash rebates calculated on the total monthly Great Eastern Life premiums billed, subject to a cap of S$100 cash rebate per month.

All other transactions:

  • If your monthly billed amount of eligible retail spend is below S$1,000, you will receive 0.3% cash rebates calculated on the total billed amount of eligible retail spend.

  • If your monthly billed amount of eligible retail spend is S$1,000 and above, you will receive 1.2% cash rebates calculated on the total billed amount of eligible retail spend, subject to a cap of S$100 cash rebate per month.

Transaction classified under the MCC will not be taken into account in the award and computation of cash rebates or in the computation of “eligible retail spend”:

6300 - Insurance Sales, Underwriting and Premiums (with the exception of GE insurance premiums)​​​

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