Why should I choose the OCBC Premier Debit Card?
You can take control of your finances by setting your transaction limits, such as Daily Purchase Limit, Daily Withdrawal Limit and Daily Fund Transfer Limit, based on your comfort level.
Apart from the usual withdrawal, payment and fund transfer features, owning an OCBC Premier Debit Card earns you a premier status and recognition too.
Believe it or not, this card is as good as a silver briefcase of cash or a premium credit card, as it gives access to over 76 OCBC Premier Centres across Southeast Asia. Just flash your Premier Debit Card to relax, unwind and enjoy first-class service.
Tell me about the contactless feature.
Contactless feature is the latest advancement in the payment system, in which you can pay for your goods and services by tapping your debit card on a POS terminal with a contactless reader.
To enable this feature, you need to activate the contactless function. You can control how much you want to wave your debit card by cumulative purchase amount (e.g. RM250) or by cumulative transaction amount (e.g. max 3 transactions).
It is worth noting that no PIN is required for transactions up to RM250.
Can I use this debit card to pay for a petrol purchase?
Absolutely! You can insert your OCBC Premier Debit Card at the automatic fuel dispenser to pay for your petrol. Bear in mind that a pre-authorisation amount of RM200 will be charged to your deposit account linked to your Premier debit card.
This pre-authorisation amount will only be held temporarily, on the condition that you have a sufficient credit balance in your account. If not, the transaction will be rejected.
What are the fees or charges?
- Issuance Fee: RM8.00 (one-time).
- Annual Fee: RM8.00 per annum.
- Overseas Cash Withdrawal: RM10.00 per withdrawal at Mastercard ATMs.
- Card Replacement Fee: RM12.00 if your card is lost or damaged.
- Currency Conversion: Rates are determined by Mastercard plus their admin fees; OCBC does not charge an additional admin fee.
What are the transaction limits?
- Daily Purchase Limit: You can set this limit up to RM5,000 based on your comfort level.
- Daily Withdrawal Limit: Adjustable up to RM5,000 via OCBC Internet Banking or at branches.
- Contactless Limit: Cumulative limit of RM500 or 5 consecutive transactions before a PIN is required.
Am I eligible to apply for this debit card?
This OCBC Premier Debit Card is only open to OCBC Premier Banking and Premier Private customers.
