How do I pay for my OCBC credit card bill in Singapore?

In Singapore, there are several ways to pay your OCBC credit card bill. These include: FAST: You can pay your credit card bill instantly through other participating banks in Singapore via FAST (Fast And Secure Transfers). Other banks include DBS, POSB, UOB, Citibank and Standard Chartered. Internet Banking: You can pay your credit card bill through the OCBC Internet Banking portal which allows you to securely view your account details, pay bills, and transfer funds. OCBC Mobile Banking: You can pay your credit card bill, complete fund transfers, check your account details and more via the OCBC Mobile Banking App on your smartphone. AXS: With AXS, you have the convenience and flexibility of paying your OCBC credit card bill anywhere, anytime. Regardless of the method you choose, be sure to pay your bill on time to avoid late fees and maintain a good credit score. You can also schedule recurring payments to ensure that your bills are paid on time every month.

How can I check my OCBC credit card bill or statement in Singapore?

You can check your OCBC credit card bill or statement via the OCBC Internet Banking portal or the OCBC Mobile Banking app. You can also sign up for the OCBC Mobile Push Notification service to receive notifications or alerts when specific transactions on your accounts or credit cards are made. Do check your credit card bill or statement regularly to ensure that your credit card transactions are correct.

How do I waive my OCBC credit card annual fee?

Customers can contact OCBCs customer service department to request for a credit card annual fee waiver. Alternatively, cardholders can also request for an annual fee waiver through the OCBC Internet Banking portal or the OCBC Mobile Banking app.It's important to note that fee waivers are generally granted on a case-by-case basis and not all fee waivers will be granted.

How do I cancel my OCBC credit card?

If you need to cancel your OCBC credit card, you can do so by contacting the bank directly. You can make a request over the phone or by visiting a bank branch. It's important to note that you may be responsible for any outstanding balance or fees on your credit card.

What is the highest credit card limit for OCBC?

The highest credit card limit offered by OCBC in Singapore is between 4 to 6 times your annual income, but this can vary depending on the individual's credit profile.It is important to note that the credit card limit offered by OCBC may vary depending on the individual's creditworthiness, income and other factors, and it's always best to check with OCBC for the most current information and the terms and conditions that apply.It is important to remember that having a high credit limit does not necessarily mean you should use the entire limit, it's always best to use credit responsibly and within your means.

How do I increase my OCBC credit card limit?

Cardholders can increase their OCBC credit card limit by downloading and completing a Credit Limit Review Form from OCBC. The completed form has to be submitted either through standard mail or uploaded online with the necessary documents to qualify for a credit card review.

How do I activate my OCBC credit card in Singapore?

OCBC cardholders in Singapore can activate their OCBC credit card via the OCBC Internet Banking portal, the OCBC Mobile Banking app, or through SMS.The steps to activate your OCBC credit card will vary depending on the credit card activation method that you have chosen.

How do I activate my OCBC credit card for overseas use?

OCBC cardholders who are travelling can activate their OCBC credit card for overseas use via the OCBC Internet Banking portal, the OCBC Mobile Banking app, or through SMS.The steps to activate your OCBC credit card for overseas use will vary depending on the activation method that you have chosen.

What is OCBC PayLite?

OCBC PayLite is a service offered by OCBC that allows you to enjoy interest-free monthly instalments on your credit card purchases. With OCBC PayLite, you can spread the cost of your purchases over 3 to 12 months without incurring any interest charges.Whether you're making a big purchase or just need some extra time to pay, OCBC PayLite offers a convenient and affordable way to pay.Please note that a 3-5% processing fee will apply and only purchases above S$100 are eligible for OCBC PayLite.

Best Travel Insurance Plans for Road Trips of 2024

Travel Insurance

Travel insurance is crucial for road trips, offering protection against personal accidents, overseas medical costs, lost or damaged luggage, and travel disruptions. It provides peace of mind by covering unexpected expenses and ensuring financial support during emergencies. According to General Insurance Association of Singapore (GIA), the common types of travel insurance are: Single Trip, Annual Cover, Individual Plan and Family Plan.

Whether it’s a budget getaway from Singapore or an epic cross country journey further away from home, travel insurance is a key component of your road trip planning.

Overseas Car Rental Insurance

As you will very likely be driving a rental vehicle, there is one other area of coverage you shouldn’t miss out on – insurance for your rental vehicle.

It sounds counterintuitive, but rental cars don’t come with very much by way of insurance. Car rental companies are only required to provide third-party liability, which only covers you against claims made by someone injured in a traffic accident involving your rental car.

That means that you’re on the hook for all other loss and/or damage to the vehicle during the rental period, which can open you up to some pretty nasty bill shocks should someone rear-end you, break into your parked car, set it on fire, steal and thrash it in a joyride, etc.

You may be able to use your regular car insurance plan (the one for the car you are driving in Singapore) to settle the rental company’s claims, but doing that will mean losing your No-Claims Discount (NCD).

More insidiously, it will also subject you to premium loading – industry speak for upward adjustment of your premiums upon the next renewal – independent of your NCD penalty.

Hence, when going on a road trip, you need to make sure you have adequate cover against loss or damage of your rental car with overseas car rental insurance. This means that you should consider adding-on benefits such as:

Collision, loss or damage waiver (although there still may be excess charges)
Windscreen, windows and tyre repairs and replacements
Relocation and towing benefits
Theft protection

Different car rental companies offer some form or combination of these (and other) benefits, so be sure to check with them directly for personalised advice on travel insurance add-ons.

Difference Between Travel and Rental Car Insurance

Before we start, let’s establish the context for those trying to figure out if travel insurance covers driving abroad. When going on a road trip, there are two forms of insurance you need – travel insurance and rental car insurance. While there may be areas of overlap, it may be more prudent to consider each one separately.

Here are the differences between the two:

Travel insurance	Rental car insurance
Provides cover for you, your passengers, and your belongings	Provides cover for your rental car, as well as third party liability
Benefits include personal accident, overseas medical, luggage and travel disruption/cancellation	Benefits may include loss or damage of rental car, emergency assistance and evacuation, overseas medical expenses, personal accident
Purchased on your own from insurer of your choice	May be offered by rental car company, or independent vendor

Should I Buy Car and Travel Insurance Policies Separately?

Purchasing separate policies for travel and rental car insurance is recommended for tailored coverage that meets specific needs without overlap. It allows for customised protection and flexibility, ensuring comprehensive coverage for both personal and vehicle-related risks.

Special Bonus:

A detailed review of Singlife and Allianz policies will highlight exclusive benefits for road trippers, focusing on features and coverage options that provide optimal protection for your journey, ensuring informed decisions on travel insurance choices.

What Type of Situations Can You Make Insurance Claims for During or After Your Road Trip?

Adjustments to Travel Plans

Imagine you're packed and ready for a long-anticipated road trip. But just days before departure, you're diagnosed with a severe flu. Your doctor advises against travel, forcing you to cancel. Without trip cancellation insurance, the financial losses can include non-refundable hotel bookings, pre-paid tours, and car rental reservations. Insurance that covers trip cancellations or interruptions can reimburse these expenses, mitigating the financial impact of such unforeseen events. Ensure you avoid expensive travel mistakes by thoroughly reviewing your travel insurance policy's terms and conditions related to trip cancellations and interruptions.

Health-Related Emergencies

Embarking on an exciting road trip, only to be hit with severe abdominal pain requiring urgent medical attention, is a situation no traveller wants to face. This could occur anywhere, from the US's Rocky Mountains to Italy's Amalfi Coast, where emergency medical care costs can skyrocket, especially in countries like the United States. Overseas medical expense coverage is vital in such scenarios, as it handles the financial burden of hospital and medical costs, including surgeries and medications. This insurance ensures you can focus on recovery without worrying about the financial impact of unexpected medical expenses, keeping your adventure from turning into a financial nightmare.

Urgent Situations Requiring Immediate Departure

During your road trip, you could face a situation where immediate departure becomes necessary. Emergency evacuation coverage becomes a lifeline in such scenarios, covering the costs of swiftly and safely relocating you, which may include an unplanned flight back home. This insurance coverage ensures your safety without the burden of last-minute expenses, allowing you to respond quickly to natural disasters or other urgent situations without financial stress.

Rental Car Concerns

Navigating unfamiliar terrain, such as Tuscany's winding roads, could lead to accidental damage to your rental car, like scraping it against a wall. Having travel insurance with car rental excess cover becomes essential in these moments, covering repair costs or high insurance deductibles. This protection ensures you're not financially responsible for the full extent of the damage, offering peace of mind as you explore with your rental car.

Liability for Damages or Injuries

When you're driving in unfamiliar territories, the risk of accidentally causing injury to others or damaging property increases. Whether it's a street in Paris or Morocco, a momentary distraction can lead to a car accident, such as inadvertently colliding with a cyclist. Personal liability coverage in your travel insurance can cover legal expenses and compensation for injuries or damages to third parties, protecting you from significant financial and legal repercussions.

Accommodation Issues

Travelling can sometimes bring unexpected accommodation challenges, such as arriving at your destination only to find your booking has fallen through. This can happen anywhere, from the Scottish Highlands to Cameron Highlands. Imagine driving all day, anticipating a restful evening at a booked hotel, that due to a plumbing disaster, your accommodation is unavailable, and the area is fully booked. Accommodation cancellation insurance can reimburse you for the lost booking and cover additional costs incurred in finding alternative lodging, often at a higher last-minute price.

Vehicle Breakdowns

When going on a road trip, the possibility of vehicle breakdowns is an unpredictable factor that can occur in the most inopportune locations, from the isolated stretches of the Australian Outback to the winding roads of rural Europe. Imagine the scenario where you're miles away from the nearest town, and your rental car breaks down unexpectedly. Roadside assistance insurance coverage can be a lifesaver, providing services like towing, on-the-spot repairs, or a replacement vehicle, ensuring you're not stranded in remote locations or faced with hefty towing fees.

Delays in Travel

Travel inherently comes with uncertainties, including flight disruptions or baggage delays that can significantly alter your plans. These delays can be caused by a variety of factors, such as unexpected weather events. Imagine you're on your way to a much-anticipated ski resort, and a sudden weather change leads to road closures, pushing back your arrival by days. In these situations, trip delay insurance is invaluable.

It can cover unexpected costs arising from such delays, including additional nights in hotels, meals, and rebooked tickets for activities you've missed, ensuring that unforeseen weather conditions don't ruin your trip financially.

Best Travel Insurance Plans For Road Trips

Product	Product Benefit Highlights	Rental Vehicle Excess
Starr TraveLead Gold Plan - Worldwide (Annual)	Up to S$500,000 accidental death and permanent disability Up to S$1,000,000 overseas medical expenses	S$1,200
MSIG Premier Plan	Up to S$500,000 accidental death and permanent disability Up to S$1,000,000 overseas medical expenses	S$1,500
FWD First	Up to S$400,000 death or permanent disability caused by accident Up to S$1,000,000 overseas medical expenses	S$300
Direct Asia Travel Insurance - Voyager 500	Up to S$500,000 death and permanent disability Up to S$500,000 medical expenses overseas	S$1,500
Singlife Travel Prestige	Up to S$500,000 accidental death and permanent disability Up to unlimited overseas medical expenses Up to S$20,000 trip cancellations Up to S$2,000 travel delay (S$100 for every 6 hours) S$200 for every 6 hours for baggage delay overseas Up to S$2,000 for baggage delay in Singapore (S$150 for every 6 hours)	S$2,500
Allied World Travel Protector Premier	Up to S$750 rental vehicle access Up to S$500,000 personal accident coverage Up to S$500,000 overseas medical expenses	S$750

So, rental car insurance really should be considered separately, but does that mean that travel insurance policies are completely unrelated? Not exactly.

You see, collision, loss or damage waivers may still include an excess charge, which is payable out of your own pocket. (You can opt for a higher-cost rental insurance plan that completely absorbs the excess charges, but not all rental companies may offer them.)

However, with a travel insurance plan that offers rental excess cover, you can reduce this extra expense, or even stave it off completely.

Of course, car rental excess cover alone isn’t the only thing you should consider when choosing a travel insurance plan for road trips, so remember to examine the rest of the benefits in these two plans before making your choice.

Two such plans are Allianz Travel Insurance, and Singlife Travel Insurance. Both offer car rental excess cover, as follows:

Allianz Travel Insurance: Up to S$1,500
Singlife Travel Insurance: Up to S$2,500

Bonus Mention: Allianz Travel Insurance

Medical coverage

For overseas medical and dental expenses, you can claim up to S$1,000,000, while personal accident will cover you up to S$200,000.

Trip cancellation or trip disruption

For travel inconveniences like trip cancellation or trip disruption, you can expect to claim up to S$10,000.

Rental vehicle excess

When it comes to rental vehicle excess, Allianz emerges as the top with the highest coverage of up to S$1,500 when you purchase their Platinum plan.

Trip delay or baggage delay

For travel delays, you can get up to S$1,600. Baggage lost, damaged or stolen can be claimed up to S$5,000, while baggage delays allow you to up to S$1,000.

Allianz Travel Insurance Promotions

Bonus Road Trip Travel Insurance: Singlife Travel Insurance

Medical coverage

Singlife offers coverage of up to S$500,000 for accidental death and permanent disability, and up to unlimited coverage for overseas medical expenses — the highest coverage on the list so far.

Rental vehicle excess

For rental vehicle excess, they come close to Allianz of up to S$2,500 if you purchase their Prestige plan.

Trip cancellation or trip disruption

You can claim up to S$20,000 trip cancellations, and they have this nifty coverage of up to S$5,000 for trip cancellations for any reason, with no questions asked.

Trip delay or baggage delay

You can claim S$100 for every 6 hours of travel delay, up to S$2,000, while you can claim S$200 for every 6 hours for baggage delay overseas and S$150 for every 6 hours for baggage delay in Singapore, up to S$2,000.

Singlife Travel Insurance Promotions

Singlife Travel Insurance Promotion:

Single Trip: Enjoy a 25% discount when you use the promo code TRAVEL25 for Single Trip. Valid till 30 November 2024. T&Cs apply.

Annual Trip: Use promo code ANNUAL25 to get 25% off Annual Trip plans when you buy now. Valid till 30 November 2024. T&Cs apply.

Also receive:

Up to S$70 Lazada voucher. Valid till 30 December 2024 5:30 pm. T&Cs apply.
S$20 Paynow for Annual trip plans. Valid till 30 December 2024 5:30 pm. T&Cs apply.

A chance to win a year's worth of free flights or up to S$160,000 in rewards. Valid till 30 December 2024 5:30 pm. T&Cs apply.

Conclusion: Always Check With Your Insurer

Road trips often feature prominently on the travel bucket lists of many adventurers. But navigating the complexities of travel insurance for such adventures can be daunting.The tricky thing about travel insurance for road trips is working out what events and occurrences your plan will actually cover, and under what circumstances.

This can be further complicated by the fact that different insurers have different exclusions, which means that between two similar-looking plans, maybe only one will give you the cover you actually need.

But fret not, confirming whether a particular travel plan is right for you is relatively simple. Just contact the insurance company, tell them exactly what you will be doing on your trip, and ask them to confirm if the plan will cover you. They’ll tell you yes or no – and suggest alternatives or add-ons in the latter scenario.

And while you’re at it, might as well ask them if they allow double indemnity; i.e., whether you can make a claim on your plan if you are also claiming against your licensed guide, travel agent or relevant third party.

Yes, all that sounds like quite a bit of work just for a holiday, but the clearer you are about your coverage, the more you will be able to enjoy your road trip, water sports or extreme sports holiday.

Looking for travel insurance deals?

We’ve got no lack of exclusive promotions to help you save even more!

Compare Best Travel Insurance Deals

Read these next:

Best Covid-19 Travel Insurance Plans (2024)
Best Travel Insurance Plans And Promotions In Singapore
Travel Insurance Guide: Five Things All Travellers Must Know

Protected up to specified limits by SDIC.

Note: This is only product information provided. You may wish to seek advice from a qualified adviser before buying the product. If you choose not to seek advice from a qualified adviser, you should consider whether the product is suitable for you. Buying an insurance product that are not suitable for you may impact your ability to finance your future healthcare needs.

If you decide that the policy is not suitable after purchasing the policy, you may terminate the policy in accordance with the free-look provision, if any, and the insurer may recover from you any expense incurred by the insurer in underwriting the policy.

Best Travel Insurance Plans for Road Trips

Best Road Trip Travel Insurance: