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OCBC Bank / annual fee reipoff

Singapore Review updated:

Better think twice before applying ocbc credit card. I have used my credit card for 24months installment interest free purchase. And while I left 10months of installment, ocbc decided to charge me $50 annual fee.

My request to have the annual fee waived is denied, but they will be giving me $30 ntuc or robinson cash voucher and a spa voucher. And if I were to cancel the card immediately, I will have to pay a penalty of $150 despite full payment of the installment. What a ripoff?!

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Comments

  • Re
      31st of Mar, 2012

    I have forwarded the story to Redress.me. Hope you will get the recourse you needed. Here it is:http://redress.me/view_post.php?pid=2103

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