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OCBC Cashflo Mastercard

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Old 20-04-2012, 05:30 PM   #1
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OCBC Cashflo Mastercard

OCBC Cashflo MasterCard



OCBC just launched a new credit card which allows automatic conversion of purchases into instalment plan with no extra charges and earn cash rebates of up to 1%.

From 19 April to 30 June 2012, apply for an OCBC Cashflo MasterCard and charge S$500 within the first month and receive a SwissMate Trolley bag. Terms and conditions apply.
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Old 20-04-2012, 07:42 PM   #2
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This is an interesting terms & conditions.

Administrative fee of S$150 to accelerate payment of automatic installments.
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Old 21-04-2012, 09:08 AM   #3
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This is an interesting terms & conditions.

Administrative fee of S$150 to accelerate payment of automatic installments.
This is a trick to make people pay the annual fee.
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Old 21-04-2012, 09:30 AM   #4
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spend 500bucks 1st month than installment by 3mths than u cancel it since T&C did not mention must hold it for how long
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Old 21-04-2012, 11:20 AM   #5
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spend 500bucks 1st month than installment by 3mths than u cancel it since T&C did not mention must hold it for how long
Erm..muz hold for at least 6 mths leh..lolz

'Customers who apply for and cancel their Card(s)within 6 months of its approval are not eligible for this Promotion. '
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Old 21-04-2012, 11:22 AM   #6
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This is a trick to make people pay the annual fee.
Tha annual fee is $64.20 per annum..the admin fee of $150 to accelerate payment of automatic instalment hor, i think is if u request for early repayment of ur instalment..can someone clarify?
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Old 21-04-2012, 11:25 AM   #7
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OCBC ish a lousy bank
try not to have anything to do wif it
Hope UOB or DBS swallow it soon
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Old 21-04-2012, 01:00 PM   #8
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Erm..muz hold for at least 6 mths leh..lolz

'Customers who apply for and cancel their Card(s)within 6 months of its approval are not eligible for this Promotion. '
that 1 refer to IF u cancel ur kard u must wait 6mths later than can get promo deal again~
mean~ u get the card today~ spend 500bucks get luggage than cancel ur kard~ 6mths later than u can enjoy promo~
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Old 21-04-2012, 01:34 PM   #9
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No use.. Now almost all the cards also accept 0% installment
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Old 21-04-2012, 01:49 PM   #10
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OCBC ish a lousy bank
try not to have anything to do wif it
Hope UOB or DBS swallow it soon
agree.. ppl interest charge 24% pa.. they charge 24.96% pa... and the CSOs are all dumba**es.. got even once had to scream at the melayu CSO coz she didn't understand my simple question and i had to ask again and again for like 4 or 5 times. end up hang up and called back again and the chinese fellow understood what i wanted in one go.

but i still got the robinsons card coz mama like it
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Old 21-04-2012, 02:46 PM   #11
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No use.. Now almost all the cards also accept 0% installment
But muz oso check if the shops got any tie-ups wif the banks to offer the 0% instalment, rite?

For tis ocbc cashflo, no matter wat u buy, as long as you used tis card to purchase things, and if it is over the limit which u had preset, then the instalment plan will auto kick in..is that rite?
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Old 24-04-2012, 09:14 PM   #12
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Seems like there's not much interest in this even with the media blitz.
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Old 26-04-2012, 11:45 PM   #13
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Heard that the card is not ready. Right now, it is only the launch period where you can apply. But card approval and processing will only start in mid May 2012. So earliest can get card will be end of May 2012.
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Old 27-04-2012, 01:41 AM   #14
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For tis ocbc cashflo, no matter wat u buy, as long as you used tis card to purchase things
dat's inaccurate.

Monthly payments over 6 months for overseas spend and at selected merchants from department stores, luxury brands, travel and insurance.
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Old 27-04-2012, 09:01 AM   #15
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The tenure of Instalment depends on which merchants:

Smooth out cash flows into monthly payments, based on your desired minimum trigger amount

* Monthly payments over 6 months for overseas spend and at selected merchants from department stores, luxury brands, travel and insurance.

* Monthly payments over 3 months everywhere else
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