OCBC Bank

• Redeem 2 discounted meals with complimentary coffee, tea or soft drinks for 2 at the restaurant with 10 coupons throughout the 2-year membership period.
• Enjoy benefits items available storewide at a discounted price simply by you being friends with your IKEA friends VISA card.
• Exclusive 0% p.a interest instalment up to 36 months, visit http://www.ikea-friends.com/en/about/visa-card.asp for more details.

For latest update on friends benefits at IKEA, visit www.ikea-friends.com.

Rewards - To Be Discontinued from 5 April 2012 onwards

• S$10 spend at IKEA stores = 10 OCBC$ + 1 friends Bonus Points
• S$1 spend outside IKEA = 1 OCBC$

• Principal Card: $50 (biennial)
• Supplementary Card: $30 (biennial)
• Replacement Card: S$25 per card
• Minimum payment - 3% of the total balance or S$50, whichever is higher, plus any overdue amount and excess in credit limit.
• Late payment fee - S$55 if minimum payment specified in the billing statement is not received by the payment due date
• Interest charges (spend outside IKEA) - 24.96% p.a. subject to compounding if the monthly interest charges are not repaid in full (minimum charge of S$2.50)
• Interest charges (spend inside IKEA) - 12% p.a. subject to compounding if the monthly interest charges are not repaid in full (minimum charge of S$2.50)
  
  Effective 16 February 2012, the revised interest rate of 24.96% p.a. will be applicable to all new transactions made on IKEA friends VISA Card and any outstanding balances.
• Cash advance fee - 6% on the amount shown withdrawn (minimum charge of S$15)
• Interest charges for cash advance - 28.92% p.a. on the amount withdrawn subject to compounding if the monthly interest charges are not repaid in full (minimum charge of S$2.50)
  
  The above fees and charges are applicable to card accounts with outstanding balances, even after 5 April 2012.