ocbc Business Credit Card

Meet Southeast Asia’s first sustainable business credit card

Why you will love this

Earn a 3% rebate on your business expenses at selected eco-friendly merchants, 1% on foreign currency transactions and 0.2% on SGD transactions. No minimum spending is required and there is no limit to the rebates you can earn

Enjoy an interest-free period of up to 53 days for each transaction

Get a clearer picture of your carbon footprint with the Sustainability Spend Index

Who can apply

By invitation only

It pays to go green with the OCBC Business Credit Card

Stay ahead of the game as the market moves towards a more sustainable future.

Kickstart your green journey today with the OCBC Business Credit Card – Southeast Asia’s first sustainable business credit card. By adopting green business practices, your business can gain positive recognition.

Unlock new opportunities with the OCBC Business Credit Card.

Business benefits
Turn business transactions into climate action

Earn a 3% rebate when paying with the OCBC Business Credit Card at eco-friendly merchants like Microsoft, Meta and Apple. The Card boasts eco-consciousness even in the way it is designed!

Refer to our FAQs for the list of eco-friendly merchants.

Stay ahead with the Sustainability Spend Index (SSI)

Developed to measure carbon dioxide (CO₂) emissions based on spending patterns, the SSI helps you benchmark the carbon footprint of your business against that of others. By breaking down this carbon footprint into categories, you can see which areas your business can reduce emissions in.

APPLICATION REQUIREMENTS IF INVITED

Not an OCBC Business Banking customer?

You will need an OCBC Business Account to be eligible for an OCBC Business Credit Card.

Open an OCBC Business Account online >

Eligibility requirements

Entity requirements

A sole proprietorship, limited partnership, limited liability partnership or private limited company;

Annual turnover must be S$20 million or less; and

An OCBC Business Account.


Applicant requirements

The sole proprietor, partner, director or shareholder of the entity;

At least 21 years old; and

At least S$30,000 for the sole proprietor and partners.



FAQs
Common questions
What is the Sustainability Spend Index (SSI)?

The SSI uses big data and analytics to measure carbon emissions based on the spending patterns of your business.

Your business’ carbon footprint – by category – and score will be shown in your credit card statement. This helps you understand the impact of your business transactions and benchmark your business’ carbon footprint against that of others.

To learn more about the SSI developed by Visa, please refer to the Data-Driven Capabilities for Sustainability (visa.com.sg).

The SSI assured by Ernst & Young. Refer to the assurance statement for more details.

How are eco-friendly merchants selected?

We selected the eco-friendly merchants based on the Green Merchant Scorecard. The scorecard is co-developed by ENGIE Impact, a sustainability consulting firm.

The selected eco-friendly merchants are given a higher score based on these three categories

  1. Evidence: The merchant’s emissions data;
  2. Commitment: The merchant’s timelines and/or tangible targets to reduce emissions; and
  3. Action: Whether the merchant has met their target(s) and transformed their operations to reduce emissions.

To learn more about how the Green Merchant Scorecard was derived, please refer to the Data-Driven Capabilities for Sustainability (visa.com.sg)

Which eco-friendly merchants are eligible for 3% in rebates?

Here is the list of eco-friendly merchants and their Merchant Category Codes (MCC):

No.

Merchants

Merchant Category

Merchant Category Code

1

Meta

Business Solutions

  • 5817-DIGITAL GOODS APP (EXCL GAMES)
  • 5734-COMPUTER SOFTWARE STORES
  • 7311-ADVERTISING SERVICES
  • 7372-COMPUTER PROGRAM/SYS DESIGN
  • 7392-MGMT/CONSULT/PUBLIC REL SER
  • 7399-BUSINESS SERVICES - DEFAULT

2

Microsoft

Business Solutions

  • 5045-COMPUTERS/PERIPHERALS/SOFTWARE
  • 4816-COMPUTER NETWORK/INFO SVCS
  • 5734-COMPUTER SOFTWARE STORES
  • 7311-ADVERTISING SERVICES

3

Apple

Business Solutions

  • 5732-ELECTRONICS STORE
  • 5045-COMPUTERS/PERIPHERALS/SOFTWARE
  • 5818-LARGE DIGITAL GOODS MERCHANT

4

LinkedIn

Business Solutions

  • 7311-ADVERTISING SERVICES
  • 5968-CONTINUITY/SUBSCRIPTION MERCHANT

5

Dell

Business Solutions

  • 5045-COMPUTERS/PERIPHERALS/SOFTWARE
  • 5732-ELECTRONICS STORE

6

Quickbooks

Digital Offering

  • 5734-COMPUTER SOFTWARE STORES

7

Xero Global

Digital Offering

  • 5734-COMPUTER SOFTWARE STORES

8

IKEA

Retail

  • 5712-FURNITURE/EQUIP STORES
  • 5814-FAST FOOD RESTAURANTS

9

Nespresso

Retail

  • 5451-DAIRY PRODUCT STORES
  • 5499-MISC FOOD STORES - DEFAULT
  • 5965-COMBINATION CATALOG & RETAIL