|Highlights||Credit Card Feature|
|Things We Like||12% BEST rewards for in-store purchase|
|Our Least Favourite||Rebates are only earned at BEST Denki|
|Our Verdict||Niche card that helps you save money on your spending at BEST Denki|
Do you often buy your electronic goods and household appliances at BEST Denki? If so, you might be interested in OCBC BEST Denki Credit Card. This card gives you cash rebates on your purchases at BEST Denki, and if you meet the spending requirement, you can earn up to 3% cashback. Besides cashback, the card also gives you many other benefits at BEST Denki.
In this review, I will share with you all the perks of OCBC BEST Denki Credit Card and you can decide how rewarding this card is for you. If you aren't a regular at BEST Denki, browse the best rewards cards or cashback cards instead!
|Credit Card||Features||Intro Interest p.a.||Standard Interest p.a.||Annual Fee||Minimum Income||We least like||Related links|
OCBC BEST Denki Credit Card
|Transfer your outstanding balances on any other bank's credit card or credit line to OCBC at 0% nominal interest rate for 3/6/12 months with upfront processing fee starting at 1.80%||25.92% p.a||$160.50 waived first 2 years||$30,000 and above for Singaporeans and Singapore PRs, $45,000 and above for foreigners||Related Links Read our review of OCBC BEST Denki Credit Card or view more details of OCBC BEST Denki Credit Card. See more OCBC credit cards.|
Things We Like About OCBC BEST Denki Credit Card
Earn 3% cash rebate on your purchases at BEST Denki. You will receive 12% BEST Rewards for any amount charged at BEST Denki, including items purchased on the 0% interest instalment plan. For example, S$100 spent at BEST Denki = 12 BEST Rewards = S$3 cash rebate.
Get extended warranty on your items. To get extended warranty on the items you buy at BEST Denki when you use this card to make payment, you pay 16% of the purchase price under their Safety 5 Premium Warranty Programme. The warranty is extended to 5 years for consumer electronic products and 3 years for IT products. The coverage includes Product failure, Flood protection, Fire protection and Theft from home protection and damage protection.
Enjoy a 0% instalment plan. When you spend a minimum of $200 in a single receipt at BEST Denki, you can enjoy a 0% instalment plan on your payment. You can choose to pay it back over a period of 6, 12, 24 or 36 months. For example, if you buy a TV for $1000 and choose a 24-month instalment plan, you pay only $41.67 every month.
Earn extra rebates at BEST Denki. You can earn an extra 2% to 2.5% rebate at BEST Denki. This is how it works:
- You earn an extra 2% rebate when you spend at least $10,000 and above in a year at BEST Denki;
- You earn an extra 2.5% rebate when you spend at least $20,000 and above in a year at BEST Denki.
The rebates come in the form of vouchers, which you can use to offset your purchase at BEST Denki.
Get invited to exclusive events. You will be invited to special events, private sales, workshops and seminars that BEST Denki organise from time to time. These events are only open to members and you will enjoy special rates that are not given to the general public.
Enjoy free delivery service. When you buy bulky items (those that do not fit into a car boot) at BEST Denki, you will enjoy delivery service for free. These purchases must be in a single receipt and a minimum spending of $200 is required.
Free disposal service. When you buy a new product at BEST Denki retail outlet, they will also arrange the disposal of your old item for free, such as an old TV, a fridge, or a washing machine. There are terms and conditions, so make sure you check with BEST Denki first.
Guaranteed price protection. If you bought an item which is advertised at a lower price at other similar electronic stores within 10 days of your purchase, BEST Denki will refund you the difference. Note that this excludes one-day offers and display sets.
Earn rewards. You will also earn rewards points (OCBC$) on your spending. You earn 1 OCBC$ for every $1 spent. You can redeem these OCBC$ for a wide range of merchandise through OCBC's rewards programme, such as shopping vouchers, dining discounts and travel deals. The OCBC$ Rewards Programme is rated as one of the Best Credit Card Rewards Programmes in Singapore.
Annual fee waiver. You pay $160.50 annual fee, waived for the first 2 years.
Minimum annual income required is only $30,000. As long as you make $30,000 or more a year, you can apply for this card.
Our Least Favourite Things About OCBC BEST Denki Credit Card
Rebates are only earned at BEST Denki. This card gives you cashback when you spend at BEST Denki. And in order to earn the extra 2% or 2.5% annual rebates, you need to spend at least $10,000 at their stores.
OCBC BEST Denki Credit Card can help you save money on your spending at BEST Denki. You earn 2% cash rebate on all your purchases at BEST Denki. It offers a free delivery service, free disposal service and a 0% instalment payment plan with a minimum spending of $200. You also get invited to exclusive events. The extra annual rebates will give you more savings at BEST Denki, but you need to spend at least $10,000 - $20,000 a year at BEST Denki. Another nice perk is that you also earn OCBC$ on your spending.
If you are looking for a better way to save money on your spending, not only at BEST Denki but also other stores, you should definitely consider using a cashback credit card instead.
For example, OCBC 365 Credit Card lets you earn cash rebates all year round and you can save on all your spending. You can use this card to earn 6% cash rebate on weekend dining locally, 3% cash rebate on weekday dining locally, overseas dining, online spending, local supermarkets and recurring telco bills, 5% cash rebate on nett petrol purchases. The only catch is that you need to spend a minimum of $600 a month in order to earn these cash rebates. But even if you don't meet the minimum spending requirement, you can still earn 0.3% cash rebate on all spending.