Terms and conditions

Terms and conditions for OCBC Platinum Credit MasterCard
Annual fee for the OCBC Platinum Credit MasterCard Principal Card is S$160.50 a year (inclusive of 7% GST). The effective interest rate is 24.96% a year and is subject to compounding if the monthly interest charges are not repaid in full apply (minimum charge of S$2.50).

Terms and conditions for OCBC EasiCredit
Not valid with existing EasiCredit account holders or customers who recently closed and reapplied for EasiCredit in the last 6 months period immediately prior to the Promotion Period. Application is subject to approval. Prevailing interest rate for EasiCredit is 17.95% a year and is subject to compounding if the monthly interest charges are not repaid in full. Please refer to ocbc.com/easicredit for the terms and conditions, product features, interest, fees and charges of OCBC EasiCredit. Terms and Conditions Governing Personal Line of Credit Accounts and Terms and Conditions Governing Deposit Accounts apply.

Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Terms and conditions for Cash Credits promotion

• Promotion is valid till 31 August 2013.
  
• Promotion is not applicable with other promotions and offers.
  
• Applicants must have a Child Development Account to enjoy the Cash Rewards Promotion.
  
• The S$30 cash reward is valid for successful application of OCBC Platinum Credit MasterCard and EasiCredit using this application form.
  
• Applicant must activate and charge a minimum of S$50 to the OCBC Platinum Credit MasterCard within 2 months from date of approval to be eligible for the credit.
  
• The credits will be deposited into the respective accounts 3 months from the date of approval.
  
• This offer is not applicable for customers who closed and reapplied for OCBC Platinum Credit MasterCard/EasiCredit within the last 6 months, from approval of this application.
• Each successful customer is to maintain all approved facilities for a minimum period of 6 months from the date of approval, failing which, the value of cash rebate (or such other amount as may be determined by OCBC Bank at its sole and absolute discretion) will be debited from the Credit Card account or any other account of the customer with OCBC Bank.
• OCBC Bank reserves the right to waive, vary and/or amend any of these terms and conditions without notice and OCBC Bank's decision on all matters relating to the Promotion will be final and binding.
• These terms and conditions shall be governed by the laws of Singapore and each participant irrevocably submits to the non exclusive jurisdiction of the courts of Singapore. A person who is nota participant of this Promotion shall have no right under the Contracts (Rights of Third Parties) Act (Cap 53B) to enforce any of these terms and conditions.