OCBC FRANK ACCOUNT AND OCBC FRANK DEBIT CARD
Save or spend - you are always rewarded
Grow your money, your way with the OCBC FRANK Account and OCBC FRANK Debit Card.
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.
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.
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
Higher!
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.
Personalised your OCBC FRANK Debit Card with one of our stylish designs.
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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.
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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!
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Set saving goals to stay on track
Develop healthy habits and set a personal saving goal to work towards your wishlist.
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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.
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
Kickstart your journey with the OCBC FRANK Account and OCBC FRANK Debit Card
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.