Discover the convenience of a Consolidated Statement

With a consolidated statement for your OCBC Credit Card(s), managing your Credit Card bills is now easier than ever. From 25 June 2007, if the statement mailing addresses for your OCBC Credit Cards are the same, we will consolidate your monthly statements into one. This is the same for your e-statement which you can access via internet banking. All it takes is one look to track your expenditure on your different cards, making it easier to manage your finances. What’s more, we’ve simplified the payment procedure to save you the hassle of writing several cheques.

• Payment Due Date refers to the date we would need to receive your payment for the outstanding balances in your statement.

• Total Credit Limit refers to the credit limit approved for you, excluding any temporary credit limit increase.

• Total Minimum Due refers to the total minimum amount due for all your OCBC Credit Cards.

For easy reference, the type of OCBC Credit Card you hold will be shown with the credit card number. Your transactions and all key messages will still be reflected against the respective OCBC Credit Card that was used.

We have consolidated the various rewards programmes into a Rewards Summary section, so you can check your total for each card easily.

OCBC Credit Cards paid by GIRO will be denoted with a ‘^’ for easy identification. For your convenience, you can mail us one cheque
for the total amount outstanding in your statement, but please remember to indicate the amount to be credited into each OCBC
Credit Card on both your payment stub and the back of the cheque.

Q1: When will it start?

A1: It will commence on 25 June 2007.

Q2: Which of my cards will be consolidated?

A2: All your OCBC Credit Cards with the same mailing address will be consolidated.

Q3: Which of my cards will not be consolidated?

A3: Corporate Cards, The BEST Card and Robinsons Card will not be consolidated.

Q4: In what other circumstances would my statements not be consolidated?

A4: Some of the instances include:

- Consolidation that will result in the shortening of payment grace period to less than 22 days.

- If you hold at least 2 of these cards: OCBC Robinsons VISA Card, IKEA friends VISA Card and BEST-OCBC MasterCard as these credit cards billing dates are fixed.

Q5: Can I opt out of this consolidation exercise?

A5: Yes, you can.  For assistance, please call our Customer Service Officer at 1800 363 3333.

Q6: When do I have to make payment?

A6: Please arrange for your payment to reach us by the due date of the latest statement you received. After consolidation of your statements, the new due date would be indicated on your statement.

Q1: If i hold a OCBC Robinsons VISA Card, IKEA friends VISA Card and OCBC VISA Gold Card, would my statements be consolidated?

A1: The billing date for your IKEA friends VISA Card and OCBC Robinsons VISA Card will remain unchanged. Your OCBC VISA Gold Card statement will be consolidated with your IKEA friends VISA Card.

Q2: If i have a Robinsons Card and OCBC VISA Gold Card, would my statements be consolidated?

A2: No, you will continue to receive separate statement for each of your accounts.