OCBC MasterCard Silver credit card

OCBC MasterCard Silver

Reward yourself on all your retail spending with unlimited everyday cash rebates! Have the convenience of easy instalment plans and automatic bill payments.

  • 15% p.a. interest rate
  • 20 days interest-free period
  • up to 0.5% cashback
  • 1.88% p.a. balance transfer over 6 months
  • Easy Payment Plan (EPP)
  • RM98.00 annual fee


Because you should be rewarded for giving the bank your business

Enjoy 0.5% unlimited cashback on all your retail spending 7 days a week. Your cash rebates will be auto debited into your account. No minimum or maximum spend. Best part is, there's no cap on how much you can earn back each month!
Discover how much you can save when you shop with your new OCBC MasterCard Silver
Cashback CategoryCashback RateMonthly CapSpend
All RetailSpendany amount in a single receipt0.5%uncappedany amount in a single receipt
Balance Transfer
Transfer your outstanding credit card debts to a brand new OCBC MasterCard. For as low as 2% p.a., you can pay back your credit card balance at your leisure for as long as 6 or 12 months. You must have at least RM1,000 balance to transfer.
Pay OverWith Interest Rate AtWhen You Transfer
6 months1.88% p.a. and no one-time upfront handling feefrom RM1000 
12 months3.88% p.a. and no one-time upfront handling feefrom RM1000 
Learn more about OCBC Balance Transfer
Easy Payment Plan (EPP)
For a minimum spend of RM1000 with your credit card, OCBC will automatically convert your payments into hassle free auto instalment payments at interest as low as 2.12% for 5, 10 or 20 months.
Pay OverWith Interest Rate AtWhen You Spend
5 months4% one-time upfront handling feefrom RM1000 
10 months6% one-time upfront handling feefrom RM1000 
20 months7% one-time upfront handling feefrom RM1000 
Learn more about OCBC Easy Payment Plan
Have the convenience of using the OCBC PayMaster. Pay all your electric, water, and other service bills via auto monthly debit without lifting a finger. Never have a sour note on your credit report with CCRIS again!

Fees & Charges

There are always fees but how much are they?

Annual Fee
  • Free for first year. New cardholders only.
Annual Fee for Supplementary Card
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
RM20.00 or 5.00% of withdrawn amount, whichever is higher
Interest Rate on Cash Withdrawals


Are you eligible for this credit card?

Minimum annual income
Minimum age for primary card holder
21 years old
Minimum age for supplementary card holder
18 years old
Who can Apply
Malaysians and Permanent Residents


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 MasterCard Silver review

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

Silver - a fluid and mysterious colour, but soothing and calming all at once. Enter the OCBC MasterCard Silver, the card that allows your finances to ebb and flow with little effort - have access to a convenient instalment payment plan and automatic bill payments. Plus, cash rebates for all your spending 365 days a year!

Annual Fee Waiver

Enjoy having to skip paying the RM98 annual fee and 6% GST for your first year of ownership for the OCBC MasterCard Silver. This card is accessible, especially considering the minimum income requirement of RM24,000 per year - perfect for fresh graduates over the age of 21 to start building up a solid line of credit. For supplementary card users, the annual fee is RM53, inclusive of 6% GST.

Silver Rebate Program

Swiping away at your credit card just got less painful - you will be entitled to 0.5% cash rebate on your total retail spending, regardless of the amount you spend! Yes that's right, there will be no cap on your cashback amount whether you're spending on dinner or online shopping. Your rewards doesn't stop there, you will also have card privileges in Singapore and Indonesia.

0% Instalment Payment Plan

Sometimes we just want something so bad it hurts - maybe it's the last pair? but the price just stops us in our tracks. Enter the OCBC Auto-IPP, which automatically converts purchases over RM500 to convenient instalment payments.

  • 3 months' Auto-IPP for retail transactions between RM500 and RM1000
  • 6 months' Auto-IPP for retail transactions above RM1000

Manage your cash flow better and lessen the blow to your finances every month - need that luxury handbag or brand new laptop? You got it!

Convenient Bill Payments

When you sign-up for the OCBC PayMaster, you will no longer have to take a few hours out of your busy work schedule to make bill payments - have OCBC do that for you!

You can automate your utility and service bill payments for Astro, Celcom, DIGI, and Maxis. Additionally, if you hold an insurance policy from Great Eastern, you can opt for automatic deductions for your annual premiums.

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