From now till 31 July 2026, receive a S$20 cash reward when you successfully sign up for an OCBC FRANK Account and OCBC FRANK Debit Card.
Valid for new-to-OCBC customers only.
OCBC FRANK ACCOUNT AND OCBC FRANK DEBIT CARD
Save or spend - you are always rewarded
Get your hands on new Disney and PIXAR card designs when you apply now! Find out more
Grow your money your way with the OCBC FRANK Account and OCBC FRANK Debit Card.
Important notice
For existing OCBC FRANK Account and OCBC FRANK Debit Card customers
From 1 October 2025, when you charge at least S$100 to an OCBC FRANK Debit Card (linked to an OCBC FRANK Account) each month, you will earn either extra interest of 1.00% a year OR extra cashback of 1.00%, whichever is higher. This is on top of the base interest of 0.60% a year on your account balance and base cashback of 0.30% on your debit card spending. For details, refer to our FAQ.
HOW IT WORKS
Average daily balance in account
Debit card spending
0.60% a year
a year
base interest
0.30%
base cashback
Unlock either extra interest or extra cashback, whichever is higher
This means:
- If you qualify for bonus interest: You will earn interest of 1.60% a year on the first S$10,000 in your OCBC FRANK Account*, plus cashback of 0.30% on transactions made using your OCBC FRANK Debit Card^.
- If you qualify for bonus cashback: You will earn cashback of 1.30% on transactions made using your OCBC FRANK Debit Card^, plus interest of 0.60% a year on the first S$10,000 in your OCBC FRANK Account*.
- *Interest rates shown apply to the first S$10,000 in the account. Anything above that earns 0.05% a year.
- ^Cashback is only given for transactions made at the qualifying merchants. For details, refer to the Terms and Conditions.
Qualifying merchant categories
Get up to 1.3% cashback for transactions made using your OCBC FRANK Debit Card at the qualifying merchants. For the full list of qualifying merchants, refer to the Terms and Conditions.
Food and beverages merchants
Food and beverages merchants
Online retailers
Convenience stores
Transport merchants
Pharmacies
Streaming services
Recreation
Telcos
CALCULATOR
Get rewarded based on how much you save and spend each month – it is that simple!
Your earnings for the month*
S$3.15
The breakdown
Base interest (0.60% a year)
on your account balance
S$1.01
Base cashback (0.30%)
for your qualifying spending*
S$0.45
Bonus interest (1.00%)
on your account balance
S$1.69
Bonus cashback (1.00%)
for your qualifying spending*
S$1.50
We will give you the higher amount
S$1.69
bonus interest
1.00% a year on account balance
S$1.50
bonus cashback
1.00% of debit card spending
*Cashback is only given for transactions made at qualifying merchants. For details, refer to the Terms and Conditions.
*This amount is calculated on a 31-day basis and is for illustration only.
We have provided this calculator for your convenience only. By using it, you agree to rely on any results at your own risk. OCBC will not under any circumstances accept responsibility or liability for any losses that may arise from a decision that you may make as a result of using the calculator.
PICK A CARD DESIGN YOU WILL LOVE
Personalised your OCBC FRANK Debit Card with one of our stylish designs.
Disney and PIXAR card designs
OCBC FRANK Debit Card designs
WELCOME REWARD
Get S$20 when you sign up for OCBC FRANK
REFER AND GET REWARDED
Get S$20 for every friend you refer
From now till 31 December 2026, receive S$20 for every friend you successfully refer to sign up for an OCBC FRANK Account and OCBC FRANK Debit Card through your unique referral link. No limit to how many friends you can refer.
For every successful referral, you will receive:
- S$20 cash
Get Your Bubble Tea fix
Your bubble tea runs just got even sweeter!
Enjoy a free topping with every drink purchased at CHICHA San Chen, or a free upsize on Classic Tea and Milk Tea drinks at PlayMade (Weekdays, 1pm - 6pm) when you pay with your OCBC FRANK Debit Card.
More features you will love
-
Get an instant cash fix
Need extra ka-ching in a pinch? Simply hit up any OCBC ATM to withdraw cash conveniently using QR Cash Withdrawal on the OCBC app.
-
Level up your cash game
Wanna make your money work as hard as you do? We’ve got the investment tools to turn your side hustle cash into potential higher gains!
-
Set saving goals to stay on track
Develop healthy habits and set a personal saving goal to work towards your wishlist.
-
Access card services with ease
Lost your debit card? Need to lock or unlock it temporarily? Do it all in just a few taps with the OCBC app.
Before you apply
Eligibility
Minimum age
16 years old
Fees for OCBC FRANK Account
Initial deposit
S$0
Fall-below fee
S$0
Fees for OCBC FRANK Debit Card
What to prepare
Document required
For Singaporeans and Singapore Permanent Residents (PRs): Your NRIC
For foreigners: Your passport (with validity of at least 6 months) and pass (e.g. Employment Pass (EP), S-Pass or Student Pass)
Additional document
Any of the following documents that show your residential address:
- Phone bill
- Half-yearly CPF statement
- Bank statement
- For foreigners: Original copy of a faculty/hall residence letter issued by your school (must be submitted at any OCBC branch)
OR
Government-issued letter or notice dated within the last 3 months
Terms and conditions
GET STARTED
Kickstart your journey with the OCBC FRANK Account and OCBC FRANK Debit Card
How to change your NS allowance crediting bank account?
You can update your new bank account via “Update My Profile” on OneNS. The change must be made by the 25th of the month for your pay or allowances to be credited to the new bank account on the next payday, which is the 10th of the following month.
Card replacement fee
Lose a card? We get it. That is why we will waive the card replacement fee for the first two cards. After that, it will cost S$32.70 (including GST) to replace your card.
Fee for foreign currency transactions
Non-USD foreign currency transactions are first converted to USD before being converted to SGD based on the rate determined by the respective card associations.
All foreign currency transactions will incur a currency conversion charge imposed by the respective card associations (1% of the transaction amount) and a bank administrative fee (2.25%).
Currency conversion fee
An additional fee will be charged on all Visa and MasterCard transactions made in SGD and processed overseas (including online transactions). This includes but is not limited to: (i) Any Visa or MasterCard retail transaction presented in foreign currency that you choose to convert to and pay in SGD via dynamic currency conversion; and (ii) Any online retail card transaction charged to Visa or MasterCard cards in SGD on websites based overseas. The additional fee charged is 2.8% of the converted SGD amount for each Visa and MasterCard transaction.
Qualifying criteria for referrals
To qualify as a successful referral, referred friend must perform the following actions:
- successfully sign up for the OCBC FRANK Account and FRANK Debit Card using the unique referral link;
- top up at least $500 within first 15 days of account opening; and
- make at least 3 FRANK Debit Card transactions of min. $5 each within first 15 days of account opening
Terms and Conditions (CHICHA San Chen)
- Valid from 1 April to 31 July 2026 or when fully redeemed, whichever earlier.
- Payment must be made with an OCBC MyOwn Debit Card or OCBC FRANK Debit Card.
- Valid for purchases at all CHICHA San Chen outlets in Singapore except Jewel Changi Airport. Not valid for online orders.
Terms and Conditions (PlayMade)
- Valid from 1 April to 30 September 2026, or until fully redeemed, whichever comes first.
- Payment must be made with an OCBC MyOwn Debit Card or OCBC FRANK Debit Card.
- Valid for walk-in, over-the-counter purchases at PlayMade and Playground outlets in Singapore only.
- Valid on weekdays, between 1pm to 6pm.
- The promotion is not applicable to:
- Orders placed via the PlayMade mobile app;
- Purchases made through third-party delivery platforms (including but not limited to GrabFood, Foodpanda, Deliveroo);
- Online or in-app transactions of any kind
- Limited to one redemption per cardmember per bill; no splitting of bills allowed.
- Not valid in conjunction with other discounts, membership privileges, promotions, and/or vouchers.
- Merchant’s terms and conditions apply. Please contact the Merchant directly for full details.
- OCBC reserves the right at its absolute discretion to terminate the promotion or vary, delete, or add to the promotion, or any of these terms and conditions, at any time without notice including without limitation, the dates of the promotion.
- OCBC shall not be responsible for the quality, merchantability or fitness for any purpose or any other aspect of any product/service. Notwithstanding anything herein, OCBC shall not at any time be responsible or held liable for any defect or malfunction in any product or the deficiency in any service provided, and/or any loss, injury, damage, or harm suffered or incurred by or in connection with the use of any product/service by any person.
- OCBC’s decision on all matters relating to the promotion will be final and binding on all participants. No correspondence or appeal shall be entertained by OCBC. In the event of any inconsistency between these terms and conditions and any brochure, marketing or promotional material relating to the promotion, these terms and conditions shall prevail.
- These terms and conditions shall be governed by the laws of Singapore and each participant in the promotion irrevocably submits to the non-exclusive jurisdiction of the courts of Singapore. A person who is not a party to any agreement governed by these terms and conditions shall have no right under the Contracts (Rights of Third Parties) Act 2001 to enforce any of these terms and conditions.