OCBC FRANK Credit Card

Get S$720 rebates and more a year for your online purchases.

I signed up for the OCBC FRANK credit card during OCBC's FRANK Roadshow at Chevron House this week.  As part of the signing up, i got a S$5 Coffee Bean & Tea Leaf Gift Card and free cup of ice-cream.  The FRANK credit card boasts a 6% cash rebate for online purchases and unlimited 0.5% cash rebate on all non-online purchases.  Specifically,

	Spend ≥ S$500 a month	Spend < S$500 a month
Online Purchase	6% rebate (capped at S$60 a month; unlimited 0.5% rebate still apply thereafter)	Unlimited 0.5% rebate
Non-Online Purchase	Unlimited 0.5% rebate	Unlimited 0.5% rebate

The FRANK credit card can also function as an ATM card and double up as a transport payment card with NETS Flashpay.  Besides the FRANK credit card, there is also its debit card version and FRANK savings account.  Visit http://www.frankbyocbc.com/ for full details, promotions and terms & conditions.

What attracted me to sign up the FRANK credit card was mainly the >120 card designs i could choose from.  This gives cardholders a somewhat personalised credit card based on the card design selected.  On the practical side, the FRANK credit card should appeal to cardholders with online purchase expenses monthly. 

UOB SMART$ Dollar Rebate Programme

Earn up to 10% SMART$ rebate at participating outlets all year round and use your SMART$ to offset your next purchase immediately to enjoy greater savings everyday

I mentioned about the UOB SMART$ Rebate Programme in my earlier post on the UOB ONE card.  Below are the current participating merchants from the UOB website:

Category	Participating Merchant	SMART$ Rebate
Petrol	Shell	5%
Insurance	United Overseas Insurance	5%
	EQ Insurance	5%
Travel	AirAsia	1%
	Qatar Airlines	5%
Electrical & Gadgets	Best Denki	2%
	EpiCentre	3%
Retail	ColorWash	3%
	Xpressflower.com	5%
	UNIQUE FINE PEARL	2%
	6five Barcode	7%
	Versus	7%
	Paul & Joe	7%
	Just Cavalli	7%
	Bread & Butter	7%
	True Religion	7%
	7 For All Mankind	7%
	Replay	7%
	Evisu	7%
	Helen Accessories	3%
	Just Diamonds by DeFRED	5%
	Tissot	5%
	U.R.S & inc.	6%
	Americaya	5%
	Royal Selangor	5%
	Columbia	5%
	Mizuno	5%
	Outdoors	5%
	O'NEILL	5%
	World of Sports	5%
	Nakamichi	5%
	Giordano & Giordano Junior	3%
	Alain Figaret	3%
	bYSI	3%
	Capital Optical	3%
	Gordon Max	3%
	Metro	2%
	Photo Finish	2%
	Crocodile	3%
	Paris Miki	2%
	HMV	3%
	Integrated Eyecare Centre	3%
Movies	Cathay Cineplexes	2%
Leisure	Night Safari	5%
	Singapore Zoological Gardens	5%
	City Tours	10%
	Gymboree Play & Music	2%
Beauty & Wellness	OTO Bodycare	2%
	Ahava	3%
	Ogawa	3%
	Sephora	3%
	Cos Lab	5%
	Vivace	5%
	Venus Beauty PL	3%
Food & Beverages	Bengawan Solo	3%
	818 Durian	10%
	BreadTalk	3%
	Beanstro	10%
	The Coffee Bean & Tea Leaf	10%
	Hard Rock Café	3%
	Polar Puffs & Cakes	2%
	Fragrance Foodstuff	3%

The website also highlighted that "Redemption of SMART$: is only applicable for The Choice vouchers at Giant and is not available for AirAsia at this moment".

UOB ONE Card - UOB Visa payWave Promotion

Earn up to S$600 in annual cash rebates on everything you buy, every time, everywhere including your 0% Instalment Payment Plan purchases

I hold the UOB ONE card that comes equipped with Visa payWave technology.  This card earns 3.33% cash rebate per quarter and the cardholder can receive up to S$600 in annual cash rebates.  Here's how it works:

Min Requirement	Purchases made with UOB ONE Card			Rebates Earned
Statement date	8-Mar	8-Apr	8-May	8-Jun
Total minimum monthly spend	S$1,500	S$1,500	S$1,500	S$150
	S$ 800	S$ 800	S$ 800	S$ 80
	S$ 300	S$ 300	S$ 300	S$ 30
Minimum number of purchases per statement period	3	3	3

Earlier this week, i got to know about the get up to S$50 UOB Visa payWave promotion which runs from 1 Aug to 30 Sep 2012:

• Every Visa payWave transaction gives you a cash reward of S$1 (up to S$20).
• Enjoy a 10% rebate on your total Visa payWave spend (up to S$30).
• The top 10 Visa payWave users with the highest Visa payWave spend will also receive a Samsung GALAXY S III phone each.
• Transactions must be charged to the first five thousand (5,000) Eligible Cardmember's UOB ONE card or UOB Direct Visa payWave Card ("Eligible Cards") during the Promotion Period and such transaction must be the first five thousand (5,000) transactions which is successfully transacted by such card and captured into UOB's system.
• The total Cash Gift will be credited to the Qualified UOB ONE card account or Deposit Account linked to the Qualified UOB Direct Visa PayWave Card on or before 31 December 2012 or such other date as shall be decided by UOB at its absolute discretion.

How does the promotion work?

Date of Transaction	Visa payWave Transaction	No. of Transactions	payWave Amount
1 Aug 2012	Burger King	1	S$5
	Watson's	1	S$20
15 Aug 2012	Shop N Save	1	S$80
	Golden Village	1	S$10
	G2000	1	S$50
Total		5	S$165
Cash Gift Earned		S$5	S$16.50
		(5 x S$1)	(10% x S$165)
Total Cash Gift Earned			S$21.50

Moreover, the UOB ONE card is also eligible for the UOB SMART$ programme where the cardholder get SMART$ rebate from participating merchants.  SMART$ work just like regular S$ which can be used to offset your next purchase at any SMART$ outlet.  However, do note that the SMART$ is valid only for six (6) months from its issuance.

CIMB Platinum MasterCard - Direct Mailer Promotion

Your CIMB PLATINUM MasterCard rewards you with a 0.5% cash rebate on all local spending, and a 1% cash rebate on all foreign spending with no monthly cap across all retail purchases

I received a promotional direct mailer from CIMB Bank earlier this week targeting existing cardmembers.  I hold the CIMB Platinum MasterCard but i rarely charge anything to it.

And the promotion?

• Charge a minimum of six (6) transactions during the period from 17 Mar to 17 Jun 2012 and be rewarded with Cash Credit.
• The amount of Cash Credit is tiered and commensurate with the retail purchases made: (i) Tier 1 - S$10 (S$200 - S$999 spend), (ii) Tier 2 - S$20 (S$1,000 - S$2,999), (iii) Tier 3 - S$50 (S$3,000 - S$4,999) and (iv) Tier 4 - S$75 (S$5,000 & above).
• Enjoy an additional S$10 Cash Credit with a minimum of S$100 spend for all of the following periods: (i) 17 Mar to 16 Apr 2012, (ii) 17 Apr to 16 May 2012 and (iii) 17 May to 17 Jun 2012.
• Promotion is limited to the first 500 Cardmembers who meet the spend criteria within the promotion period and is based on transaction date that is posted in the card account by 24 June 2012.
• Minimum spend requirement excludes cash advances, balance transfers, funds transfers, existing i.Pay Plan, fees, interest charges and/ or any amount brought forward from the last statement and must be accumulated through retail purchases only.
• The cash credit will be credited to the relevant CIMB Credit Card account of the Principal Cardmember within two (2) months from the expiry of the Promotion Period and reflected in the corresponding month's statement.

In search of the best cash rebate spend percentage, i decided to work out the cash rebate percentages (inclusive of the base Platinium cash rebate) without and with the additional S$10 Cash Credit.

			Basic		Additional
Tier	Spend (S$)	Base Cash Rebate @0.5% (S$)	Cash Credit (S$)	Cash Rebate (%)	Cash Credit (S$)	Cash Rebate (%)
1	200	1.00	10	5.50%	NA	NA
1	300	1.50	10	3.83%	10	7.17%
1	999	5.00	10	1.50%	10	2.50%
2	1,000	5.00	20	2.50%	10	3.50%
2	2,999	15.00	20	1.17%	10	1.50%
3	3,000	15.00	50	2.17%	10	2.50%
3	4,999	25.00	50	1.50%	10	1.70%
4	5,000	25.00	75	2.00%	10	2.20%

The outcome was pretty interesting - a spend of S$300 (i.e. 2 x S$50 spend per month over the promotion period), fulfilling both the minimum spend and additional cash credit requirements, achieves the highest cash rebate percentage (7.17%)!

OCBC Plus! Visa Card - The Card To $ave Us All

Save more with OCBC Plus Visa Cards and be rewarded on daily expenses with up to 20% or more* at participating OCBC merchants



(Attribution: Photo taken by Investor Lightyear)

Earlier this month, I received a brochure with decal on OCBC Plus Visa Card outlining the relaunched card benefits.  I hold the OCBC-NTUC Plus Visa Card (for NTUC members) which have the same benefits as the OCBC Plus Visa Card (for non-NTUC members).

So what are the card's relaunched benefits?

Category	Description
Groceries	Save 10% on FairPrice Housebrand + Earn 1.3% LinkPoints rewards at Fairprice
Petrol	Save 14% at Esso + 2.9% rewards
Healthcare	Enjoy Exclusive Benefits at Healthway Medical Clinics
Transport	Earn 2% LinkPoints rewards on EZ-Reload (Bus/Train) & Taxi Charges
Recurring Bills	Earn 1.3% LinkPoints rewards on SingTel, M1, StarHub, SPH & Town Council bills
Utilities	Earn 1.3% LinkPoints rewards on electricity, water & gas bills
Lifestyle	Save up to 20% at participating OCBC merchants
All Spend	Earn 0.3% LinkPoints rewards on all Visa spend

And the promotion for new sign-ups?

• S$10 cash rebate credit for each recurring bill payment or EZ-Reload sign up capped at S$30.
• Get S$10 Fairprice welcome voucher when you receive your OCBC Plus! Visa Credit Card subject to terms and conditions.
• Plus! BigDeal Members will get S$10 BigDeal credits credited to their BigDeal account upon approval of their OCBC Plus! Visa Card application. (I believe the S$10 BigDeal credit and S$10 Fairprice voucher are mutually exclusive.)

I see the relaunched OCBC Plus Visa Card upping its competiveness against other bank's cash rebate credit cards.  For example, i have been enjoying 1% rebate for recurring bill payments by charging to my POSB Everyday Card.  However, it may be worth considering to switch to my OCBC-NTUC Plus Visa Card to enjoy the incremental 0.3% LinkPoints reward.

* See OCBC website for OCBC credit cards promotion.