OCBC FRANK Credit Card
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New to credit cards? Here's a complete guide to cashback credit cards.
Mostly catered to young adults, the OCBC FRANK Credit Card rewards transactions that most millennials and young Singaporeans would engage in such as online and in-store mobile contactless spend.
You can enjoy 6% cashback on all eligible app and online purchases such as Grab, Zalora, Lazada, and more. You can also enjoy 6% cashback on in-store mobile payments via Apple Pay, Samsung Pay, Google Pay, Fitbit Pay, and Simply GO. Plus all foreign currency purchases and transactions made over the counter and in-store.
Stand to receive up to $75 in monthly cash rebates when you spend a minimum of $600 on your OCBC FRANK Credit Card.
These are some highlights of the OCBC FRANK Card and its cashback benefits:
OCBC FRANK Credit Card Benefits
What You'll Get
App and online shopping purchases
(including PayPal transactions)
6% rebate, capped at $25
(examples of qualifying merchants: Grab, Zalora, Lazada, FoodPanda, Expedia)
In-store mobile contactless payment and in-store foreign currency transactions
6% rebate, capped at $25
(examples of qualifying merchants: Starbucks, Zara in-store)
All other transactions
0.3% rebate, capped at $25
OCBC FRANK Card Benefits
To be eligible for the OCBC FRANK Credit Card, you'll have to meet the following criteria:
Overall, OCBC FRANK Credit Card is an attractive card for young, working adults who have just started their careers. Especially if you're actively spending online or using in-store mobile contactless payments. It has a relatively low minimum spend and minimum income requirement. But if you're looking at starter credit cards and want more options to choose from, you might also want to consider the UOB YOLO Credit Card, another card targetted at the same demographic with a similar reward scheme and slightly higher cashback rates (depending on your spending habits and patterns).
The Overseas-Chinese Banking Corporation, Limited - or OCBC Bank - is headquartered in Singapore. Its inception in 1932 was the result of a merger of three local banks. As the second-largest bank in Southeast Asia, the multinational banking and financial services has assets of close to $468 billion. It has an Aa1 rating from Moody's, and an AA-rating from Standard & Poor's.
At present, the bank has over 570 branches across 18 countries and regions. Its services range from commercial banking and specialist financial and wealth management to asset management, stockbroking, insurance and treasury services.