1Insurance coverage is subject to insurability and underwriting conditions as may be imposed by Great Eastern Life Assurance Co Ltd, or such other insurer as may be appointed by OCBC Bank from time to time.
2The biennial fee for IKEA friends VISA is S$50 and BEST-OCBC MasterCard is S$30 p.a.. The effective interest rate is 24.96% p.a. for both cards except for purchases made with the IKEA friends VISA Card at IKEA Alexandra and IKEA Tampines, where the effective interest rate is 12% p.a.
3Your existing outstanding loan amount must be at least S$5,000 with a remaining loan repayment period of at least 2 years.
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