Eligibility requirements:
- Age: 21 years old and above (up to 54 for standard income requirements).
- Income (Singaporeans/PR): S$30,000 p.a. (or S$15,000 p.a. if you are 55+).
- Income (Foreigners): At least S$45,000 per annum.
- Citizenship: Open to Singaporeans, Permanent Residents, and Foreigners.
OCBC NXT Credit Card application steps:
- Visit the official OCBC website and select the OCBC NXT Credit Card.
- Use MyInfo with Singpass to pull your data for a 1-minute application.
- Set your Trigger Amount (default is S$100) for automatic instalments.
- Submit and wait for instant approval to receive your digital card details.
- Spend S$300 within 30 days to claim your premium welcome rewards.
Frequently asked questions
1. What is the minimum income to apply for the card?
The minimum annual income is S$30,000 for Singaporeans and PRs under 55. For those aged 55 and above, it is reduced to S$15,000. Foreigners must earn at least S$45,000 p.a. to be eligible.
2. How do I track my credit card application?
You can track your status via OCBC Online Banking or by calling the customer hotline at +65 6363 3333. If you applied via MyInfo, approval is often instantaneous.
3. How long does it take for my card to be approved?
Applications made through MyInfo usually enjoy instant approval. Once approved, you can often see your card in the OCBC Digital app, while the physical card arrives within 3 to 5 working days.
4. Can I be approved for OCBC NXT Credit Card with a low score?
Approval is subject to OCBC’s internal credit assessment. While a higher score helps, having a steady income that meets the requirements and no history of late payments with other banks will improve your chances.