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.
- 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
- 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
- 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
- Photocopy of MyKad (both sides) or passport (for foreigner) with working permit validity of at least 12 months
- 6 months commission statements with 6 months supporting bank statements
- GE HR confirmation
- Latest Borang B/BE/e-filing with proof of tax payment
- 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)
- Latest Tax Assessment from specific country; AND
- Valid work permit/Permanent Residential IR requirement as per salaried above
Required Documents To Apply OCBC Cashflo Mastercard
1. Multinational company, Public listed company, Government linked company, Government servant
2. Non-multinational company, Non-public listed company, Non-government linked-company
3. Self-employed (more than 2 years with/in current business)
4. Commission Earner (full commission earner without basic salary)
Non-Great Eastern (GE)
Great Eastern (GE)
5. Foreigner/Malaysian working abroad
Salaried/Employed
Self-employed
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.