OCBC Great Eastern Platinum MasterCard

Apply for OCBC Great Eastern Platinum MasterCard by OCBC

Live Great with this amazing cash back card. Earn up to 1% cash back with zero cap and 0% interest instalment plan on insurance premium payments

OCBC Great Eastern Platinum MasterCard
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Product Highlights

Cash back
Uncapped 1% Cash Back

Enjoy 1% unlimited cashback on online transaction and overseas transaction as well as 0.1% unlimited cashback on all other retail spending, regardless of total spending amount

Installment
Insurance Premium Instalment Plan

Enjoy 12 months’ Auto-Instalment Payment Plan for Great Eastern / Overseas Assurance Corporation insurance premium of RM2,200 and above via Auto Debit. Just charge it to your Great Eastern MasterCard and it will be split into instalments automatically. No hassles!

Payment
Easy Bill Payments

Pay your bills easily via Maybank2u, by cash or cheque at over 400 Maybank branches, Cash/Cheque Deposit Machines or by standing instruction

Free
20 Day Interest-Free Period

Enjoy a 20-day interest-free period from the billing date on all retail purchases. You can pay with an interest-free instalment plan at participating merchants

Features

Cash Back

Cash back
Cash Back Category Cash back Rate Monthly Cap Spend
Retail Spending 1% uncapped from RM1 up to RM1000 monthly
Retail Spending 0.5% uncapped all subsequent spending
Auto-IPP Great Eastern Insurance Premium 0.1% uncapped Great Eastern Insurance Premium

Balance Transfer

Balance transfer
Pay Over With Interest Rate At When You Transfer
6 months 2% p.a. and no one-time upfront handling fee from RM1000
12 months 4% p.a. and no one-time upfront handling fee from RM1000
  • Minimum transfer amount of RM1,000.

Easy Payment Plan

Easy payment
Pay Over With Interest Rate At When You Spend
5 months 2.12% one-time upfront handling fee from RM1000
10 months 4.24% one-time upfront handling fee from RM1000
20 months 5.3% one-time upfront handling fee from RM1000 
  • Buy the things you've always wanted with payment terms of up to 20 months and low interest rates
  • All you have to do is pay a one time upfront fee. No penalties, no early settlement charges, no worries!

Fees and Charges

Annual fee Free for life
Annual Fee for Supplementary Card Free for life
Mininum monthly payment RM50 or 5% of outstanding amount
Late payment fee RM10 or 1% of outstanding amount, up to maximum of RM100
Cash withdrawal fee RM21.20 or 5.30% of withdrawn amount, whichever is higher
Interest rate on cash withdrawals 18%
*inclusive of 6% GST

Interest Rate

15% Interest Rate Per Annum Tier 1: Cardholders with prompt payments for 12 consecutive months
17% Interest Rate Per Annum Tier 2: Cardholders with prompt payments for 10 months or more in last 12 months.
18% Interest Rate Per Annum Tier 3: Cardholders who do not fall under the above categories.

Requirements

Minimum Annual Income RM 24,000
Minimum Age For Primary Card 21 years old
Minimum Age For Supplementary Card 18 years old