OCBC BEST Denki Credit Card for Cash Rebate: Yet to Get Reviews

    Credit Card Application

    The card has been designed to offer rewards on electronics items and household appliances at BEST Denki stores.

    • Get 12% BEST Rewards when you buy anything at BEST Denki stores. The 12% BEST Rewards are equivalent to 3% cash rebate. No minimum spending requirement.
    • Earn an extra rebate of up to 2.5% when you spend at least S$10,000 in a year at BEST Denki.
    • Get your annual fee waived when you spend at least S$5,000 in a year with the card.

    Best suited for: Individuals who shop frequently at BEST Denki stores.

    Key Features & Benefits

    Feature Description
    Annual fee S$160.50 (waived when you spend S$5,000 or more in a year)
    Rewards on shopping at BEST Denki
    • 12% BEST Rewards (equivalent to 3% cash rebate)
    • Additional cash rebate: 2% rebate when you spend at least S$10,000 in a year and 2.5% rebate when you spend at least S$20,000 in a year at BEST Denki
    Complimentary travel insurance Not available

    Additional Benefits?

    • Get free delivery when you purchase bulky items worth at least S$200 from BEST Denki.
    • Get extended warranty on the items purchased from BEST Denki under the Safety 5 Premium Warranty Programme in the following ways:
      • Pay 16% of the price of the item to get your product warranty extended to five years.
      • The extended warranty would cover flood protection, theft protection, fire protection, product failure, and damage protection.
    • Access to 0% instalment payment plan to convert your purchases worth at least S$200 into interest-free monthly instalments.
    • Get invitations to exclusive, members-only events and private sales organised by BEST Denki. Additionally, you will get to attend special workshops and product seminars.

    Earn Rewards While Spending on Gadgets and Other Electronic Goods

    • Earn 12% BEST Rewards, which is equivalent to 3% cash rebate, on all purchases at BEST Denki. It also covers the purchases made under the 0% instalment payment plan.
    • Earn an additional 2% cash rebate when you spend a minimum of S$10,000 at BEST Denki stores in a year. The additional rebate earn rate will increase to 2.5% when your annual spend at the BEST Denki stores reaches or exceeds S$20,000.

    Let Us Illustrate:

    Say you love to purchase electronics items and home appliances from BEST Denki stores. This year you plan to purchase a lot of new items for your new home. Check out the table below to understand how much you can save with this card:

    Spend category Yearly spend BEST Rewards rate BEST Rewards
    Panasonic UHD Smart TV S$2,500 12% 300
    LG Twinwash washing machine S$2,800 12% 336
    Dyson air cleaner + fan S$800 12% 96
    Rowenta electric oven S$800 12% 96
    Lenovo notebook S$2,000 12% 240
    LG fridge S$4,000 12% 480
    Total S$12,900   S$1,548
    Cash rebate rate applicable: 5% Cash rebate earned in the year: S$645

    Redeem Your Earned Cash Rebates

    The cash rebate earned with this card can be used to offset your spending at BEST Denki.

    Interest Rate

    Type of Interests Charge
    Retail purchases 25.92% p.a.
    Cash advance 28.92% p.a.
    Instalment payment plan 0%

    Other Fees & Charges are Levied?

    Type of charge Charge
    Overseas transaction fee OCBC’s administrative fee: 1.8% Fee charged by Mastercard: 1%
    Late payment fee S$100
    Cash advance fee 6% of the transaction amount or S$15, whichever amount is higher
    Supplementary card fee S$80.25 (waiver for first two years)

    Activating the Card for Overseas Use

    If you are planning to use your credit card overseas, you will have to get it activated first. Your card’s magnetic stripe is deactivated for overseas usage to protect you from unauthorised transactions. Without activation, you will not be able to make cash withdrawals from ATMs or use the card at point-of-sale magnetic stripe terminals. In that case, you will only be able to make purchases at merchants using EMV (Europay, Mastercard and Visa) chip.

    Since some of the foreign countries are still not using the EMV chip, it’s best to get the card activated when you are travelling overseas.

    You can activate your OCBC credit card for overseas use through these channels:

    • Through Online Banking
    • Online on the bank’s website
    • Visit your closest OCBC Bank branch with your NRIC or passport
    • Via phone call to the bank’s Customer Service Executives. You will need your Phone Banking PIN for this method.

    Instalment Payment Plans

    0% Interest Instalment Plan

    With this plan, you can convert your credit card purchases at BEST Denki, and various other participating merchants, into interest-free instalments. It allows you to convert your purchase into instalments of 6, 12, 24, or 36 months. There is, however, a minimum spending requirement which may vary from merchant to merchant. If you are converting your BEST Denki purchase into 0% interest instalments, you must spend at least S$250.


    With PayLite, you can convert any retail purchase that is worth at least S$100 into monthly instalments, with no interest charge. This plan allows you to convert your purchase into instalments of up to 24 months. There is, however, a one-time processing fee applicable to this plan.

    Cash Withdrawn on Credit Card

    You can make cash withdrawals using your Best DENKI Credit Card, subject to the following limits:

    • You can withdraw up to S$1,000 per transaction at an OCBC ATM.
    • You can withdraw up to S$20,000 per day at an OCBC ATM.
    • The limits for withdrawals at overseas ATM may differ.

    Card is Lost/Stolen

    In such a case, you must notify the bank as soon as possible. To report lost/stolen card, you can call the bank on their 24-hour customer service hotline. If your card has been used for making unauthorised transactions, your liability will be limited to just S$100. However, you must prove that you took all possible steps to ensure the safety of your card.

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    What Else Do I Need to Know?

    How to Enable/Disable Auto Debit & Standing Instructions

    GIRO Agreement

    Use the interbank GIRO form on OCBC’s website or get it from your nearest branch, to set up automatic monthly payments from your preferred account. You can either choose to make full payments or pay the minimum required amount every month. For partial payments you would need to use other modes of payment.

    How to Apply for the Card & Check the Application Status

    At Branch, Online

    You can apply for this card online on the bank’s website. You could also visit a branch of the bank in Singapore to do so. To know what the status of your application is, contact the bank through its 24/7 hotline.

    How to Check Balance

    SMS/phone/mobile/internet banking

    Check the balance available on your credit card through the following methods:

    • Via SMS banking
    • Via phone banking
    • Using OCBC’s mobile banking service
    • By logging into your internet banking account

    How Can the Bill Be Paid?

    GIRO/FAST/Phone or internet banking and others

    Your credit card bill can be paid in a number of different ways. They are:

    • Via cheque
    • Interbank GIRO
    • FAST funds transfer
    • OCBC phone banking
    • OCBC mobile banking
    • OCBC internet banking
    • NETS or CashCard via any iNETS Kiosk
    • Any OCBC ATM or cash deposit machine
    • Cash payments made at any OCBC branch
    • Internet banking service of any other bank
    • AXS Station, AXS m-Station, and AXS e-Station

    How Much Is the Minimum Payment to Be Made on the Card?

    S$50 or 3% of the outstanding amount

    The minimum amount to pay every month is 3% of the outstanding balance or S$50, whichever is more. If your outstanding balance exceeds the credit limit on your card, however, the minimum amount payable will be 3% of the outstanding balance as well as the amount in excess of the credit limit.

    What Is the Grace Period?

    23 days

    The interest-free period that you enjoy is 23 days from the statement date. This is only if there is no outstanding balance from previous statements.

    Which Mobile Wallets Can This Card Be Used With?

    Apple Pay/Fitbit Pay/Garmin Pay/Google Pay/Samsung Pay

    Your OCBC card can be linked to mobile wallets to make payments. The mobile wallets to which it can be linked are:

    • Fitbit Pay
    • Apple Pay
    • Garmin Pay
    • Google Pay
    • Samsung Pay

    Can It Be Used With EZ-Link?


    Your card can be used with EZ-Link. You will receive an email from EZ-Link acknowledging and approving your OCBC credit card to be used with this facility.

    How to Block or Unblock the Card

    Call the 24x7 hotline number

    To block or unblock your credit card, you will have to call OCBC’s 24-hour customer service hotline.

    How to Reset the PIN

    Submit the relevant form/Phone banking

    To reset your credit card PIN, you will need to submit the ‘Services for Credit Card’ form to OCBC. Select the ‘Re-issue your Credit Card PIN’ option and mail the form to the bank using the business reply envelope. Your new PIN will be processed within 5 business days. You could also call the phone banking service.

    What Is the Billing Cycle and the Bill Due Date?

    You will receive a bill every month detailing the transactions that have been charged to your card and the amount that is due. The billing cycle may either be every calendar month or may start from the date on which your card was issued. To prevent any late fee charges, the amount on your statement needs to be paid by the due date mentioned on your monthly statement.

    How to Get a Replacement Card

    Contact hotline/send filled-up form

    To request a replacement card, contact the 24x7 OCBC hotline. you will have to submit the ‘Services for Credit Card’ form to OCBC. The request for your new card will be processed within 5 working days.

    How to Temporarily Increase the Limit of the Card?

    Contact customer support

    For a temporary increase in the limit of your card, you can contact any of OCBC’s customer service officers. A temporary increase in your credit limit is only provided for travel, wedding banquets, medical purposes, hospitalisation reasons, and funeral purposes.

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