OCBC Bank repositions credit cards with rebates
Published on: Thursday, December 05, 2013
Kuala Lumpur: OCBC Bank (M) Bhd is repositioning its credit cards as the "must-have second card", offering an unprecedented 0.5 per cent to 1.2 per cent rebate on any retail purchase, without any cap for every Malaysian.Currently, all credit cards in the market limit the types of purchases to which rebates apply and have a cap of, typically, RM30 to RM50.Stay up-to-date by following Daily Express’s Telegram channel.
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Head of Cards and Unsecured Lending Chow Theng Kai said while the bank accepted that others might have better rebate offerings at certain establishments, paying with OCBC cards everywhere else makes sense for consumers. - Bernama
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