Cashflo Mastercard Credit Card | OCBC Malaysia

OCBC CASHFLO MASTERCARD

0% Instalment Payment Plan Card for the big spenders

Why you will love this

0% Auto-Instalment Payment Plan (Auto-IPP)

No annual fees for the first year*

Who can apply

Anyone 21 years old and above

Must have an annual income of at least RM48,000

If you like to shop till you drop, OCBC Cashflo Mastercard is the perfect companion for your shopping sprees.

FEATURES AND BENEFITS

0% Auto-Instalment Payment Plan (Auto-IPP)

Enjoy up to 3 months and 6 months of Auto-IPP for retail spending of RM500 to RM1,000, and above RM1,000 respectively.

Enjoy up to 3 months and 6 months of Auto-IPP for retail spending of RM500 to RM1,000, and above RM1,000 respectively.

No annual fees for the first year*

An annual fee will be charged in subsequent years at RM188 a year on your principal card, and RM68 a year on your supplementary card.

*For first-time OCBC Credit Card customers and those who have not held any OCBC Credit Cards in the last 12 months. Valid till 31 December 2024.

An annual fee will be charged in subsequent years at RM188 a year on your principal card, and RM68 a year on your supplementary card.

*For first-time OCBC Credit Card customers and those who have not held any OCBC Credit Cards in the last 12 months. Valid till 31 December 2024.

HOW AUTO-IPP WORKS

RETAIL SPEND

3 MONTHS' AUTO-IPP

(for retail spending of RM500 to RM1000)

6 MONTHS' AUTO-IPP

(for retail spending above RM1000)

< RM500 None None
RM600 RM200 per month N/A
RM1,500 N/A RM250 per month
BEFORE YOU APPLY

Eligibility requirements

Minimum age

21 years old

Annual income

Minimum RM48,000 per annum


Fees and charges

Principal card

RM188 a year (waived for first year*)

Supplementary card

RM68 a year (waived for first year*)
*For first-time OCBC Credit Card customers and those who have not held any OCBC Credit Cards in the last 12 months. Valid till 31 December 2024.

Product Disclosure Sheet


Required documents

Multinational company, Public listed company, Government linked company, Government servant

  • Photocopy of MyKad (both sides) or passport (for foreigner) with working permit validity of at least 12 months
  • Latest 1 month salary slip for fixed income / 3 months salary slips for variable income; OR
  • Latest EPF statement with at least 3 months contributions; OR
  • Latest Borang B/BE/e-filing with proof of tax payment

Non-multinational company, Non-public listed company, Non-government linked-company

  • Photocopy of MyKad (both sides) or passport (for foreigner) with working permit validity of at least 12 months
  • Latest 3 months salary slips AND 3 months supporting bank statements OR EPF statement
  • Latest EPF statement with at least 3 months contributions; OR
  • Latest Borang B/BE/e-filing with proof of tax payment

Self-employed (more than 2 years with/in current business)

  • Photocopy of MyKad (both sides) or passport (for foreigner) with working permit validity of at least 12 months
  • Form 24/29/49;
  • Business Registration certificate/print out from SSM/CTOS/CBM
  • With salary slip (except sole proprietor) 6 months salary slips AND 6 months supporting bank statements
  • Business bank statement (shareholding must be > 50%) 6 months principal bank statements
  • EPF statement with at least 3 months contributions

Commission Earner (full commission earner without basic salary)

  • Photocopy of MyKad (both sides) or passport (for foreigner) with working permit validity of at least 12 months

Non-Great Eastern (GE)

  • 6 months commission statements with 6 months supporting bank statements

Great Eastern (GE)

  • GE HR confirmation
  • Latest Borang B/BE/e-filing with proof of tax payment

Foreigner/Malaysian working abroad

Salaried/Employed

  • Latest 3 months salary slips AND supporting bank statements; OR
  • CPF statement for Singaporean and Malaysian with Singapore PR; OR
  • Valid work permit if employment is not in home country; OR
  • Permanent Residential ID (for Singapore PR)

Self-employed

  • Latest Tax Assessment from specific country; AND
  • Valid work permit/Permanent Residential IR requirement as per salaried above


Important notices

Notices

OCBC Bank (Malaysia) Berhad merely provides payment convenience and disclaims all liabilities and obligations in respect of any products, services or representations by third parties. Usage of OCBC Credit Cards is subject to the terms and conditions in the OCBC Cardmember's Agreement.


or call us at +603 8317 5000.

Monday to Friday 8am to 10pm
(excluding public holidays)

FAQS
Common questions
See all questions
What benefits can I get form the OCBC Cashflo Mastercard?

You are entitled to an Interest Free Auto-Instalment Payment Plan (Auto-IPP) for retail transactions of RM500 and above.

What is Retail Spending?

Retail Spending means the amount the Cardmember spends on retails purchases. Table 1 below sets out the transactions which form part of retail spending and which ones are not entitled to the Auto Instalment Payment Plan (Auto-IPP).

Table 1

 

Retail Spending

(Transaction Below Are Included For Auto-IPP)

Non-Retail Spending

(Transaction Below Are Excluded From Auto-IPP)

  1. Local and overseas/foreign currency purchase
  2. Online Purchases/ e-wallet/ E-Commerce
  3. Mail Order / Telephone Order
  4. Auto Debit/Recurring
  1. Easy Payment Plan (EPP)
  2. Balance Transfer (BT)
  3. Call for Cash (CFC)
  4. Power Credit Cash Plus
  5. Auto Balance Conversion
  6. Outstanding Balance
  7. Cash Advance
  8. Finance Charge
  9. Annual Fee
  10. Late Payment Charge
  11. Reversal on Transaction
  12. Disputed Transaction
  13. Fraudulent Transaction
  14. Card Replacement Fee
  15. Service Tax
  16. Other Fees and Charges
  17. Donations to Charitable and Social Service Organisations
  18. Government - related payments
  19. Great Eastern Life / General Insurance
  20. Standing instructions
  21. Instalment Payment Plan (IPP) / Auto-IPP
  22. Jompay, FPX and Duitnow QR transactions
What is OCBC Cashflo Mastercard interest-free* Auto-Instalment Payment Plan (Auto-IPP) on the OCBC Cashflo Mastercard?

This is a feature for the OCBC Cashflo Mastercard where: 

  1. Purchases from RM500 - RM1,000 are automatically converted to a 3-month Auto-IPP.
  2. Purchases that are above RM1,000 will be automatically converted to a 6-month Auto-IPP.

This feature allow Cardmembers to better manage their cash flow by spreading out their payments over a 3 or 6 months period. This is especially good for places that may not offer 0% Instalment Payment Plan upfront, such as luxury retailers.

*The Auto-IPP is interest-free provided the Cardmember fully settles the amount stated in the OCBC Cashflo Mastercard monthly statement, on or before the payment due date. If any amount debited to the Cardmember's account (including but not limited to the Auto-IPP monthly instalment amount) is not paid in full when due, the Cardmember will be charged finance and late payment charges, interest and fees on the outstanding amount at the rates determined by OCBC Bank and subject to the OCBC Cardmember's Agreement.

What transactions are eligible for the Auto-IPP feature?

The Auto-IPP feature is available only for purchases of goods and services and if the minimum spending requirement is met. For example, purchase of a television at an electronic store or purchase of flight tickets, or payment for a dining transaction by using a currently valid OCBC Cashflo Mastercard. Table 2 below sets out the transactions which form part of Auto-IPP and transactions which do not.

Table 2

 

Auto-IPP

(Transaction Below Are Included For Auto-IPP)

Non-Auto-IPP

(Transaction Below Are Excluded For Auto-IPP)

  1. Local and overseas/foreign currency purchase
  2. Online Purchases/ e-wallet/ E-Commerce
  3. Mail Order / Telephone Order
  4. Auto Debit/Recurring
  1. Easy Payment Plan (EPP)
  2. Balance Transfer (BT)
  3. Call for Cash (CFC)
  4. Power Credit Cash Plus
  5. Auto Balance Conversion
  6. Outstanding Balance
  7. Cash Advance
  8. Finance Charge
  9. Annual Fee
  10. Late Payment Charge
  11. Reversal on Transaction
  12. Disputed Transaction
  13. Fraudulent Transaction
  14. Card Replacement Fee
  15. Service Tax
  16. Other Fees and Charges
  17. Donations to Charitable and Social Service Organisations
  18. Government - related payments
  19. Great Eastern Life / General Insurance
  20. Standing instructions
  21. Instalment Payment Plan (IPP) / Auto-IPP
  22. Jompay, FPX and Duitnow QR transactions
See all questions