OCBC Ties Up With 5 Partners, Offers Zero Intallment Plans For EV Charging

OCBC Bank is tying up with five electric vehicle-related companies to provide EV vehicle owners special deals including zero installments and discounts on ride-sharing.

The bank is collaborating with EV Connection, CarputZap, GoCar, Renault, and PowerBee to offer cardmembers 0% installment payment plan options of up to 24 months on EV chargers and also discounts on EV chargers, on car sharing rides, and daily to yearly subscription of electric vehicles.

According to Ms Anne Leh, OCBC Bank Managing Director & Head of Consumer Financial Services, the rollout of the offerings comes on the back of increasing demand from customers for support in their electric vehicle-ownership journey.

“One of our partners is offering a solution for our customers who are having difficulty convincing their condominium and commercial property management to install EV chargers, whereby the partner provides complimentary installation of a public pay-per-use EV charger at the property. OCBC cardholders utilising the EV chargers at these condominiums and commercial properties will get to enjoy a 10% rebate on the EV charging charges.

Last year, OCBC Bank became part of a relatively rare group of building owners in the city centre to offer EV charging services, aligned with its quest to promote sustainability and climate-friendly practices.

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