What is the best alternative to pay off GE Premiums monthly instalment without paying any extra fees? - Seedly
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OCBC Great Eastern Cashflo Credit Card

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Anonymous

Asked 2d ago

What is the best alternative to pay off GE Premiums monthly instalment without paying any extra fees?

OCBC Great Eastern Cashflo Credit Card T&C will be revised on 1 October 2020.

Summary of the changes

  1. Processing fee of 1% imposed GE Premiums under 12 month instalment plan
  1. Cash rebates no longer awarded.

The options to pay off the instalment after 1 October 2020

  1. Pay off the lump sum in cash - 0% fee

  2. Continue using the Cashflo card - 1%

  3. Pay off via GIRO - 3%

Folks, any more suggestions?

ET
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There is no other option beyond the 3 you have stated. GE does not accept any other credit card besides the OCBC GE Cashflo card for Life policies.

You simply have to make a choice between paying monthly or annual. If you prefer to pay monthly, stick to the card.

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