OCBC Great Eastern Platinum MasterCard credit card

OCBC Great Eastern Platinum MasterCard

Great Eastern and OCBC partner to provide a credit card that truly protects you and your family. Packed with benefits that save you money.

  • 15% p.a. interest rate
  • 20 days interest-free period
  • up to 1% cashback
  • 2% p.a. balance transfer over 6 months
  • Easy Payment Plan (EPP)
  • RM0.00 annual fee

Benefits

Because you should be rewarded for giving the bank your business

Cashback
Earn up to 1% rebate on all retail spend and 0.1% rebate on Auto-IPP transactions when you use your OCBC Great Eastern Platinum MasterCard. Rebates are automatically credited into your card account, and will be reflected in your monthly statement.
Discover how much you can save when you shop with your new OCBC Great Eastern Platinum MasterCard
Cashback CategoryCashback RateMonthly CapSpend
Retail spendingSpendfrom RM1 up to RM10001%RM10from RM1 up to RM1000
Retail spendingSpendfrom RM1001 and above0.5%uncappedfrom RM1001 and above
Balance Transfer
Balance Transfer interest rate from 2%. Transfer RM1000 or more from your outstanding credit card balance to your new Great Eastern credit card.
Pay OverWith Interest Rate AtWhen You Transfer
6 months2% p.a. and no one-time upfront handling feefrom RM1000 
12 months4% p.a. and no one-time upfront handling feefrom RM1000 
Learn more about OCBC Balance Transfer
Easy Payment Plan (EPP)
Enjoy 12 months of Auto-IPP for Great Eastern/Overseas Assurance Corporation for insurance premium of RM2,200 and above via Auto Debit. Just charge it to your credit card and it will be split into installments automatically. For everything else, the OCBC Easy Payment Plan with 0% interest will lighten your burden.
Pay OverWith Interest Rate AtWhen You Spend
5 months2.12% one-time upfront handling feefrom RM1000 
10 months4.24% one-time upfront handling feefrom RM1000 
20 months5.3% one-time upfront handling feefrom RM1000 
Learn more about OCBC Easy Payment Plan
Travel
24 hour concierge service for all your booking needs and queries for travel.
Premium
Worldwide acceptance and 24-hour MasterCard concierge service, meaning you can call 03 7968 3415 any time of day or night to book concert tickets, flights and restaurant reservations.

Fees & Charges

There are always fees but how much are they?

Annual Fee
RM0
  • Free for life
Annual Fee for Supplementary Card
RM0
Minimum monthly payment
RM50 or 5% of outstanding amount
Late payment fee
RM10 or 1% of outstanding amount, up to a maximum of RM100
Cash withdrawal fee
RM21.20 or 5.30% of withdrawn amount, whichever is higher
Interest Rate on Cash Withdrawals
18%

*inclusive of 6% GST

Requirements

Are you eligible for this credit card?

Minimum annual income
RM24000
Minimum age for primary card holder
21 years old
Minimum age for supplementary card holder
18 years old
Who can Apply
Anybody

Features

Get some extra help from your credit card when you need it most

Easy Payment Plan
OCBC Easy Payment Plan
Easy payment plans (EPP) are great for large purchases that you want to pay off over a period of time.
Cash Advance / Cash Loan
OCBC Call For Cash
Cash Advance is a loan against the credit limit of your card at a reasonable rate.
Balance Transfer
OCBC Balance Transfer
Balance transfer allows you to consolidate debt from your other credit cards onto this card.

OCBC Great Eastern Platinum MasterCard review

What's so good (or not so good) about it?

The collaboration between OCBC Bank and Great Eastern insurance provider resulted in the birth of Great Eastern Platinum MasterCard. This card aims to bring the best of both worlds – credit card and insurance – to its cardholders.

Unlimited cashback

Without a doubt, you will spend a significant amount on monthly expenses such as petrol, groceries and recurring bills. Getting back 1% of that amount would be nice wouldn't it?
With the OCBC Great Eastern Platinum MasterCard, you will get 1% rebate on first RM1,000 total retail spending validly charged to your card and 0.5% rebate on the subsequent spending. Additional, you will also get 0.1% cashback from Auto-IPP transactions. The cashback you stand to receive is uncapped, that means the more you spend, the more you will get back!

Travel Benefits

With the holidays around the corner, it is common to find yourself rushed for time because of the countless number of events and outings to plan. Not to worry, OCBC has a 24 hour concierge service for all your booking needs and queries whether for travel or booking a concert at the local amphitheater. All your needs can be fulfilled at 03-7968 3415

Smart Financial Tool

If the premium on your Great Eastern/ Overseas Assurance Corporation insurance is RM2200 or greater, you will get the benefit of 12 months’ Auto-IPP via auto debit. All you have to do is charge it to your OCBC Great Eastern Platinum MasterCard and your payments will be conveniently split into interest free monthly repayments.

In addition, cardholders also have access to OCBC PayMaster. This feature allows you to pay your utility and service bills automatically through monthly debit using your credit card. This way, you will never miss another bill again.

Fee Waivers

Anyone above 21 years old with an annual income of RM60000 or more can apply for Great Eastern Platinum MasterCard. And the best part is, you don't have to pay for any annual fees at all. That includes the supplementary card, for anyone who is at least 18 years old who wish to have access to credit.

Family-friendly Card

This card is equipped with many privileges tailored to care of you and your family such as monthly installments on insurance premium and unlimited cash rebates on your daily spending.

With such a complete package, the Great Eastern Platinum MasterCard will do more than just cater to your basic credit needs. It will help you to ensure the well-being of your family.

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