OCBC Great Eastern Platinum Mastercard

Min. annual incomeRM48,000RM4,000 / month equivalent

Principal annual feeRM0

Card networkMastercardConventional card

THE DETAILS

Benefit breakdown

Policyholder cashback
Eligible category	Rate	Cap
Great Eastern insurance premiums	2.5%	RM100 per year
Other eligible retail, excluding GE premiums	0.1%	Uncapped on this rate

Great Eastern Life policyholder status is required; published excluded transactions / country restrictions still apply.

Principal annual fee: RM0
Supplementary annual fee: RM0; applicable first-year / subsequent waiver conditions remain separate.
Annual-fee waiver: No annual fee.
Retail interest / effective profit rate: 15% / 17% / 18% p.a., based on prompt-payment history.
Cash advance interest / profit: 18% p.a., normally calculated daily without a retail grace period.
Service tax: RM25 for each principal / supplementary card; an annual-fee waiver does not waive this tax.
Cash advance fee: 5% of amount advanced or RM20, whichever is higher, plus applicable tax.
Minimum monthly payment: 5% of outstanding balance or RM50, plus full contracted monthly card-plan / ABC instalments.
Late payment: Higher of RM10 or 1% of relevant retail / cash outstanding, capped at RM100.
Foreign currency conversion: 1.25% bank administration cost plus the network conversion rate / transaction fees. Premier Private Client Voyage exemption applies where eligible.
Replacement card: RM35 for 365; RM50 for ordinary cards / recycled-PVC Voyage, RM500 for metal Voyage.
Retail grace period: 20 days from statement date when the account has no outstanding carried balance; not applicable to cash advances / balance transfers.

Minimum annual income: RM48,000
Principal age: At least 21 years
Supplementary age: At least 18 years
Application conditions: Great Eastern Life policyholder plus RM48,000 annual income required.

Income documents: NRIC / passport and accepted income evidence such as payslips, EPF, tax assessment and supporting bank statements. Self-employed applicants also need business registration and business statements. Foreign applicants must satisfy the bank’s work-permit / residency requirements.

Annual fees exclude applicable tax and transaction charges. Bank approval and current product terms apply.