OCBC NTUC Plus! Visa Credit Card Reviews and Comparison - Seedly
Seedly logo
Seedly logo
 

OCBC NTUC Plus! Visa Credit Card

  • Overview
  • Reviews (25)
  • Questions (0)
  • More Details
Credit Cards/OCBC NTUC Plus! Visa Credit Card
Credit Cards/OCBC NTUC Plus! Visa Credit Card

Unclaimed

This product has not been claimed by the company yet.

USER RATINGS

Speed of Approval

4.7

Ease of Fee Waiver

4.5

Customer Service

4.4

NTUC Plus! Visa Credit Card

Up to 12% at selected stores
CASHBACK
$400
MINIMUM SPEND

    NTUC Plus! Visa Credit Card

    Up to 12% at selected stores
    CASHBACK
    $400
    MINIMUM SPEND

Details

OCBC NTUC Plus! Visa Credit Card Review 2020

  • Up to 12.0% rebate on your FairPrice and Unity spend
  • Up to 20.3% fuel savings at Esso, and 20% fuel savings at Caltex
  • Up to 8.0% off on monthly online purchases made at Fairprice
  • 3.0% off at Cheers and Popular
  • 1.0% LinkPoint rebate for M1, Singtel and Starhub Telcos.
  • A minimum spend of S$400 is required to enjoy the rates above
  • Base LinkPoint rebate rate of 0.22% for all eligible VISA spendings
  • Free principal card if you are a NTUC Union member (NTUC Union Membership Annual Fee: $117 )

Find out about the card's host of benefits, charges, promotions and eligibility criteria below.

Read More about OCBC NTUC Plus! Visa Credit Card
Reviews (25)

4.6

25 Reviews

  • 5
    18
  • 4
    4
  • 3
    3
  • 2
    0
  • 1
    0

Read Review About...

Most HelpfulMost RecentLow to HighHigh to Low
  • Updated on 10 Aug 2020

    Purchased

    NTUC Plus! Visa Credit Card

    Easy to apply. Great for my purchases at NTUC, can accumulate points to redeem vouchers for my future purchases.
    0 comments
    0
    Post
  • Updated on 08 Jul 2020

    Purchased

    NTUC Plus! Visa Credit Card

    One of my favorite card for use as the rebates, discounts, cashback, promotions and deals are the best. Yearly dividends will offset our annual fee if we always use it. Will recommend this card to friends or relatives.
    0 comments
    0
    Post
  • Updated on 29 Jun 2020

    Purchased

    NTUC Plus! Visa Credit Card

    Most of the vendors accepting this card and up to 12% rebates at FairPrice Stores, Unity and Warehouse Club and up to 8% rebate at FairPrice Online with salary credit. Annual fee waived as a NTUC member. The LinkPoints you accumulated can then be used to offset your next purchase at selected Plus! Partners.ūüĎćūüĎć‚ô•ÔłŹ
    0 comments
    0
    Post
  • Updated on 29 Jun 2020

    Purchased

    NTUC Plus! Visa Credit Card

    Still my number 1 preferred card till now as of 2020. Take a look of the benefits below. Upcoming offer. $1 value breakfast meal (consisting of 1 cup of coffee or tea, 2 slices of toasted kaya butter bread and 2 soft boiled eggs) before 11am from 3rd July to 31st August 2020. Annual fee wavier. Earn LinkPoints as you charge all payments (including bills) to the card. Redeem the LinkPoints for NTUC Vouchers which have 2 years' expiry. Get value meals at member's rate by showing your card at NTUC FoodFare eg. S$1.80 for breakfast.
    0 comments
    3
    Post
  • Updated on 29 Jun 2020

    Purchased

    NTUC Plus! Visa Credit Card

    It beats having to carry a separate card to clock link points. If you are more likely to do self check out most times, this card will be great for you.
    0 comments
    0
    Post
Questions (0)
Recent ActivityUnansweredTrending
No questions found.

OCBC Plus! Visa Credit Card

New to credit cards? Here's your complete guide to cashback credit cards.

Key Features and Benefits of OCBC NTUC Plus! Visa Credit Card

As its name suggests, the NTUC Plus! Visa Credit Card provides great rewards of up to 12.0% off for shopping at Fairprice (and its partner merchants like Unity and Warehouse Club). For online shoppers, receive up to 8.0% rebates off online Fairprice purchases. Other daily necessities like petrol and telco bills receive up to 20.3% off and 1.0% LinkPoint rebate respectively. However, there are additional conditions that need to be met before one can maximise earning the rebates of purchases from Fairprice and its partner merchants (explained in the next section). There is also a minimum spend of S$400 VISA transactions outside of FairPrice necessary to qualify for additional the high cashback rates advertised.

These are some highlights of the OCBC NTUC Plus! Visa Credit Card and the cashback benefits to offer:

Benefits of OCBC NTUC Plus! Visa Credit Card

What You'll Get

Groceries
(and other products by NTUC FairPrice partners)

12% off at FairPrice Stores, Unity and Warehouse Club

8% off at FairPrice Online

Spend a min of S$400 monthly anywhere outside of FairPrice to qualify for this discount

Petrol

  • Up to 20.3% fuel savings at Esso, including 16% instant discount on all fuel
  • Up to 20% of fuel savings at Caltex, including 18% instant discount on all fuel

Telco

  • 1% LinkPoints rewards on M1, Starhub and Singtel recurring bills

Others

  • 3% off at Cheers
  • 3% off at Popular

LinkPoints

  • 0.22% LinkPoints rewards on all Visa Spendings

Bonus Interest Rates when you have a NTUC-OCBC Starter Savings Account

up to 0.90% p.a. of bonus interest rate

OCBC NTUC Plus! Visa Credit Card - Benefits

Cash Back Break Down for OCBC NTUC Plus!

LinkPoints rebate from FairPrice

(awarded at the end of transaction)

Bonus Link Points Rebate from OCBC

(awarded the following month)

Bonus LinkPoints rebate from OCBC for Salary Credited into NTUC-OCBC Starter Account

FairPrice Annual Cash Rebate
(for NTUC FairPrice shareholders)

Total Rebates

1.33% (2 LinkPoints)

5.67% (8.5 LinkPoints)

1.00% (1.5 LinkPoints)

4.00%

12.00% rebate

Breakdown of 12% of rebates for in-store purchases at FairPrice, Unity and Warehouse Club stores
150 LinkPoints = S$1

Rebate in LinkPoints
(awarded within 60 days of transaction)

Bonus LinkPoints rebate from OCBC for Salary Credited into NTUC-OCBC Starter Account

FairPrice Annual Cash Rebate
(for NTUC FairPrice shareholders)

Total Rebates

3.00%

1.00%

4.00%

8.00%

Breakdown of 8% of rebates for monthly online purchases made at FairPrice
150 LinkPoints = S$1

For 12.0% off in-store purchases at Fairprice, Unity and Warehouse Club Stores

  • LinkPoints rebate awarded at point of transaction - 1.33%
  • Bonus LinkPoints rebate from OCBC - 5.67% (awarded at last day of the following month of the transaction)
  • Bonus LinkPoint rebate for crediting salary into the NTUC-OCBC Starter Account - 1.00%
  • FairPrice annual cash rebate (for shareholder members, with at least S$6,000 of annual spend in FairPrice - 4.00%

For 8.0% off on monthly online purchases made at FairPrice

  • Rebate in LinkPoints - 3.00% (awarded within 60 days of transaction)
  • Bonus LinkPoint rebate for crediting salary into the NTUC-OCBC Starter Account - 1.00%
  • FairPrice annual cash rebate (for shareholder members, with at least S$6,000 of annual spend in FairPrice - 4.00%

Eligibility for OCBC NTUC Plus! Visa Credit Card

To be eligible for the OCBC NTUC Plus! Visa Card, you'll have to meet the following criteria:

  • Be at least 21 years old
  • For Singaporeans and PRs:¬†Minimum annual income of $30,000
  • For foreigners:¬†Minimum annual income of $45,000
  • You must be a NTUC Union member to be eligible for NTUC Plus! Visa Credit Card

Fees and Charges for OCBC NTUC Plus! Visa Credit Card

  • Annual Principle Fee: Free (Prevailing NTUC Membership fee applies)
  • Annual Supplementary Card fee: Free (Up to 3 supplementary cards)
  • Fee waiver: Available (provided that you hit the minimum spending of at least S$1,200 in 1 year, starting from the month in which the card is issued)
  • Interest-Free Period: 23 days
  • Annual Interest Rate: 26.88%
  • Minimum monthly payment: 3% or $50, whichever is higher
  • Late payment charge: $100
  • Cash advance fee: 6% or $15, whichever is higher
  • Administration Fee: S$150 to accelerate payment of automatic instalments
  • Extension of instalment term: 3% of outstanding amount applies for 3- and 6-month term extension, and 5% of outstanding amount applies for 12-month term extension

The Best Cash Back Credit Cards Review 2020: How does OCBC NTUC Plus! Visa Compare?

Pros

  • Excellent for patrons of NTUC Fairprice, offering at least 7.00% rebates on groceries, and can go as high as 12.00% if you meet the other criteria
  • Pretty decent petrol cashback rates as well
  • Suitable for everyday essentials as it covers the bases of groceries, petrol, stationery and pharmacy needs.

Cons

  • Pre-requisite of being an NTUC Union member to be eligible for the NTUC Plus! Visa Credit Card
  • The tiered 12% rebate is not achievable for everyone as it requires additional salary crediting and the requirement of the cardmember to be a FairPrice shareholder.
  • Apart from the groceries and patrol category, other areas of spending do not have competitive cashback rates.
  • Not suitable for other non-essential genres of spending
  • Overall, if you are neither going to credit your salary into the Plus! Savings account nor have a stake in FairPrice, you might just be better off getting other cashback cards for groceries, like the OCBC Plus! Credit Card, instead of this OCBC NTUC Plus! Card. Also, if you are not regular patrons of NTUC FairPrice, then it would be better for you to consider other cashback cards for Groceries.

Still unsure? Find out everything you need about credit cards - including what the best credit cards in Singapore are for miles and cashback, factors to consider before getting one, fees to know, and why a good credit score matters.

You can also pose questions (anonymously, if you'd prefer) on  Seedly Community.

How to Apply for OCBC NTUC Plus! Visa Credit Card

  • Apply Online (option to apply via MyInfo available) or
  • Visit OCBC Branches

About OCBC

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.