OCBC Great Eastern Platinum MasterCard

Exclusively for Great Eastern policyholders, this OCBC credit card allows you to pay for purchases and bills, and a 0.1% unlimited cashback for retail spending. No annual fees, ever!

OCBC Great Eastern Platinum MasterCardNo Annual Fee
Min. Income
RM6,000/month
Annual Fee
Free
Cashback
up to 2.5%
Balance Transfer
From 2.88% p.a.
Easy Payment Plan
From 0% p.a.
Interest Rate
15% p.a.
Interest-free
20 days

Cashback

Earn 2.5% cashback when you spend on Great Eastern Insurance Premiums, capped at RM100 per annum. On top of that, any other retail spending (excluding insurance premiums) gets you 0.1% unlimited cashback.

CASHBACK CATEGORYCASHBACK RATEMONTHLY CAPSPEND
Great Eastern Insurance Premium Payment2.5%RM100any amount
Other Retail Spending0.1%uncappedany amount

Premium

Enjoy full access to health and wellness rewards from Live Great Privileges.

Balance Transfer

Balance Transfer interest rate from 2.88%. Transfer RM1,000 or more from your outstanding credit card balance to OCBC Great Eastern Platinum MasterCard.

Pay OverWith Interest Rate AtWhen You Transfer
6 months2.88% p.a. and no one-time upfront handling feefrom RM1,000
12 months4.88% p.a. and no one-time upfront handling feefrom RM1,000
Learn more about OCBC Balance Transfer

Easy Payment Plans

Stretch your payments by up to 20 months with low-interest rates. You only need to spend at least RM1,000 to qualify for the plan.

OCBC Easy Payment Plan
Pay OverWith Interest Rate AtWhen You Spend
5 months4% one-time upfront handling feeRM1,000
10 months6% one-time upfront handling feeRM1,000
20 months7% one-time upfront handling feeRM1,000
Learn more about OCBC Easy Payment Plan

Fees & Charges

Annual Fee
  • RM0 primary card

    Free for life

  • RM0 supplementary card
Sales and Service Tax
RM25 on each principal and supplementary card upon activation and anniversary date
Minimum Monthly Payment
RM50 or 5% of outstanding amount, whichever is higher
Late Payment Fee
RM10 or 1% of outstanding amount, up to a maximum of RM100
Cash withdrawal Fee
RM20 or 5% of withdrawn amount, whichever is higher
Interest Rate on Cash Withdrawals
18%
Contact-less Payment Methods
payWave

Requirements

Minimum Annual Income
RM72,000
Minimum Age
  • 21 years old primary card
  • 18 years old supplementary card
Who can apply
  • Great Eastern Policyholders only

Features

Easy Payment Plan
OCBC Easy Payment Plan
Shop interest-free on your credit card for up to 20 months! Convert your purchases into affordable instalments. No paperwork needed!
Cash Advance / Cash Loan
OCBC Call For Cash
Get cash with your OCBC Credit Card and repay in monthly fixed instalment up to 36 months - No documents required.
Balance Transfer Plans
OCBC Balance Transfer
Balance Transfer with low interest rate. Transfer a minimum of RM1,000 outstanding balance from another bank’s credit card to your OCBC Credit Card.

Review

Cashback & Wellness Benefits for Policyholders with OCBC Great Eastern Platinum MasterCard

The OCBC Great Eastern Platinum Mastercard is tailored for Great Eastern Life policyholders, offering cashback on insurance premiums, unlimited cashback on everyday spending, and exclusive health and wellness perks.

With no annual fees for life, this card is an excellent choice for those looking to maximize savings while maintaining financial security.


Earn Cashback on Great Eastern Insurance Premiums

The OCBC Great Eastern Platinum Mastercard offers a structured cashback program to enhance your savings:

2.5% Cashback on Great Eastern Insurance Premiums

When you charge your Great Eastern insurance premiums to this card, you earn a 2.5% cashback, capped at RM100 per calendar year. For example, paying RM4,000 in premiums annually will maximize this benefit.

0.1% Unlimited Cashback on Other Retail Spending

Enjoy 0.1% cashback on all other retail expenditures, excluding Great Eastern insurance premiums, with no cap on the amount you can earn.

This cashback structure ensures that both your insurance commitments and everyday purchases contribute to your savings.


Lifetime Waiver of Annual Fees

A standout feature of this card is the lifetime waiver of annual fees for both principal and supplementary cardholders.

This means you can enjoy the card's benefits without worrying about recurring annual charges.


Exclusive Live Great Privileges - Enhancing Your Wellness Journey

As part of the Live Great Program, cardholders gain access to exclusive wellness privileges, including:

  • Discounts on health screenings
  • Savings on wellness programs and fitness memberships
  • Exclusive promotions with Great Eastern’s Live Great partners

This makes the card ideal for individuals who prioritize health and wellness while enjoying financial perks.


Additional Features

  • Interest-Free Auto-Instalment Payment Plan (Auto-IPP):
    Eligible Great Eastern insurance premium payments can be converted into an interest-free instalment plan, offering financial flexibility.
  • Complimentary Assurance Coverage:
    Principal cardholders receive complimentary assurance coverage of RM100,000 for death or total and permanent disability.

Eligibility Criteria

To be eligible for the OCBC Great Eastern Platinum Mastercard, applicants must meet the following criteria:

  • Age: At least 21 years old.
  • Annual Income: Minimum RM48,000 per annum.
  • Great Eastern Life Policyholder: Applicants must hold a valid policy with Great Eastern Life.

These requirements ensure that the card is tailored for individuals who can fully benefit from its features.


    Required Documents To Apply OCBC Cashflo Mastercard

    1. Multinational company, Public listed company, Government linked company, Government servant

    • Photocopy of MyKad (both sides) or passport (for foreigner) with working permit validity of at least 12 months
    • Latest 1 month salary slip for fixed income / 3 months salary slips for variable income; OR
    • Latest EPF statement with at least 3 months contributions; OR
    • Latest Borang B/BE/e-filing with proof of tax payment

    2. Non-multinational company, Non-public listed company, Non-government linked-company

    • Photocopy of MyKad (both sides) or passport (for foreigner) with working permit validity of at least 12 months
    • Latest 3 months salary slips AND 3 months supporting bank statements OR EPF statement
    • Latest EPF statement with at least 3 months contributions; OR
    • Latest Borang B/BE/e-filing with proof of tax payment

    3. Self-employed (more than 2 years with/in current business)

    • Photocopy of MyKad (both sides) or passport (for foreigner) with working permit validity of at least 12 months
    • Form 24/29/49;
    • Business Registration certificate/print out from SSM/CTOS/CBM
    • With salary slip (except sole proprietor) 6 months salary slips AND 6 months supporting bank statements
    • Business bank statement (shareholding must be > 50%) 6 months principal bank statements
    • EPF statement with at least 3 months contributions

    4. Commission Earner (full commission earner without basic salary)

    • Photocopy of MyKad (both sides) or passport (for foreigner) with working permit validity of at least 12 months
    Non-Great Eastern (GE)
    • 6 months commission statements with 6 months supporting bank statements
    Great Eastern (GE)
    • GE HR confirmation
    • Latest Borang B/BE/e-filing with proof of tax payment

    5. Foreigner/Malaysian working abroad

    Salaried/Employed
    • Latest 3 months salary slips AND supporting bank statements; OR
    • CPF statement for Singaporean and Malaysian with Singapore PR; OR
    • Valid work permit if employment is not in home country; OR
    • Permanent Residential ID (for Singapore PR)
    Self-employed
    • Latest Tax Assessment from specific country; AND
    • Valid work permit/Permanent Residential IR requirement as per salaried above

The OCBC Great Eastern Platinum Mastercard is a specialized credit card that rewards policyholders while promoting a healthier lifestyle. The 2.5% cashback on insurance premiums, lifetime annual fee waiver, and Live Great wellness privileges make it a great option for those with a Great Eastern policy.

If you’re already paying insurance premiums with Great Eastern, this card lets you earn cashback without extra effort. With its no-cost maintenance and added perks, it's a smart financial tool for policyholders who want to get more value out of their insurance payments.

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