OCBC Introduces VOYAGE Card for Premier Private Clients - Unlimited Airport Limousine Transfers
There is a top spot within the OCBC Premier Banking space and that's the Premier Private Client (PPC) - one can 'easily' join this elite group by depositing or investing S$1 million (in fresh funds) and qualifying as an Accredited Investor. What caught my eyes last evening however was the introduction of a dedicated OCBC VOYAGE Card (which I have covered previously) for the PPCs and one of the additional benefits include unlimited airport limousine transfers.
In order to qualify as an Accredited Investor (and remember, you do have to satisfy this condition on top of the S$1 million fresh fund deposit), you will have to satisfy at least one of the following criteria:
- The value of your net personal assets must exceed S$2 million (or its equivalent in a foreign currency) or such other amount as the Monetary Authority of Singapore may prescribe in its place; or
- Your income in the last 12 months must be no less than S$300,000 (or its equivalent in a foreign currency) or such other amount as the Monetary Authority of Singapore may prescribe in its place.
Needless to say, unlimited complimentary airport transfers between your home and the airport is not a good enough reason to park S$1 million with the bank but it is definitely interesting to see how OCBC Bank has created different versions of this elite credit card to serve the different needs of the disparate consumer segments.
Probably the best sign-up offer for Citi Credit Cards - get S$400 cash reward with minimum spend of S$500 within 30 days for new customers.