OCBC (Overseas Union Banking Corporation) is one of the few foreign banks which have a long history in Malaysia. It is among one of the oldest banks and most established brands in the banking industry. OCBC offers many financial services to its customers from all industries ranging from personal accounts like savings and current to commercial loans and investments.
There are personal loans available and a comprehensive range of other related services while OCBC too provides credit card services. Among all the other banks, OCBC do not offer as many choices where the bank is very focused in offering quality products through a few options.
To be eligible to apply for a credit card through OCBC, you will need to be at least 21 years old and has a consistent income. For a classic card, you must earn at least RM24,000 per year while this amount is RM36,000 for Gold Cards. However, OCBC do not offer classic cards where the entry level and basic cards is the Gold Cards which would require you to have the RM24,000 minimum income per year to qualify.
To apply for the cards, you will need to produce your latest 3-months payslip or any other supporting document that can prove your income like your EPF contribution or Income Tax returns documents. Apart from that, if you are self-employed, you will be required to provide documents to show that you have a steady income flow like business registration documents and bank statements.
The OCBC Gold Visa card is the basic credit card offered by the bank. This card provides you with the standard credit facilities that you will come to expect from this product with a credit limit and the usual purchase protection and such. The interest rates are standard at 18% per year where you need to have a minimum yearly income of RM24,000 to apply. Services included in this card includes the OCBC 0% Installment Payment Plan, Cash Advance and the OCBC Call For Cash where needed.
OCBC Platinum MasterCard
The Platinum MasterCard meanwhile is the another card you can opt for through OCBC. This card comes with privileges at selected premium services and some VIP treatment as well. This include enjoying the KLIA Plaza Premium Lounge services when you travel at KLIA, balance transfer and Flexi-Pay services, among others.
OCBC Great Eastern Titanium and Platinum MasterCard
This card is meant for customers who are policy holders with the Great Eastern Insurance Company. You will enjoy discounted insurance and certain cashback or rebates when you use this card. The Titanium and Platinum cards differ in terms of eligibility which determines the credit limit and scope of benefits you will enjoy. Application for the Platinum card includes a minimum of RM100,000 yearly income.
OCBC Titanium MasterCard
The Titanium MasterCard is a standard credit card that offers 5% cash rebates for petrol purchases although there is a maximum imposed by the government for this facility. Meanwhile, cardholders of the Titanium card can enjoy a wide range of additional benefits and reward points at many merchants and service providers around the world.