Best Bank of China Credit Cards 2021

While Bank of China (BOC) credit cards are often quite competitive, it can be quite difficult to find up-to-date information on their rates, perks and terms & conditions. We keep close tabs on these cards and analyse the details in depth to help you identify which cards suit your needs, based on the facts.

Compare Best Bank of China Credit Cards by Dollar Value

Based on an average monthly spend of S$2,000, we analysed the best Bank of China credit cards on the market to estimate returned value-to-consumer after 2 years, accounting for rebates and netting out annual fees. As a note, dollar value is heavily dependent on spending habits; intangible benefits (like free travel insurance and airport lounge access) are valuable but difficult to quantify.

A graph displaying how the best American Express credit cards compare to one another in terms of their rewards
Best Bank of China Credit Cards in Singapore by Estimated 2-Year Dollar Value
BOC Elite Miles World Mastercard:
  • 2 miles/S$1 overseas and 24/7 Concierge Service
BOC Family Card:
  • Up to 10% on dining, 3% on transit, medical & more
BOC Sheng Siong Card:
  • Up to 12% cashback on Sheng Siong purchases
BOC Zaobao Credit Card:
  • 15% rebate on petrol transactions
BOC Qoo10 World MasterCard:
  • 10% rebate on Qoo10 purchases
on_current="true" url="#bocplatinum"BOC Qoo10 Platinum MasterCard[[/link]:
  • Low S$200 minimum spend requirement for perks
BOC Visa Infinite Card:
  • Unlimited 1% earnings on all local purchases, no caps

Compare Best Bank of China Credit Cards by Dollar Value

Based on an average monthly spend of S$2,000, we analysed the best credit cards on the market to estimate returned value-to-consumer after 2 years, accounting for rebates and netting out annual fees. As a note, dollar value is heavily dependent on spending habits; intangible benefits (like free travel insurance and airport lounge access) are valuable but difficult to quantify.

A graph displaying how the best American Express credit cards compare to one another in terms of their rewards
Best Bank of China Credit Cards in Singapore by Estimated 2-Year Dollar Value
Card NameCashback rateMin spendCashback cap
BOC Elite Miles Credit Card1 mi/S$1 local; 2 mi/S$1 overseasNoneNone
BOC Family Card10%S$800S$100
BOC Sheng Siong Card12%NoneS$75 (no cap overseas)
BOC Zaobao Credit Card Credit Card10%S$600S$60 (uncapped >S$2,000)
BOC Qoo10 World MasterCard10%S$800S$70
BOC Qoo10 Platinum MasterCard3%S$200S$30
BOC Visa Infinite Card1%NoneNone

BOC Elite Miles World Mastercard: Market-Leading Miles Locally & Overseas

  • Annual fee: S$203.30 (or 30,000 BOC Bonus Points = 6,667 miles)
  • 2 KrisFlyer Miles or Asia Miles per S$1 overseas spend
  • 1 KrisFlyer Miles or Asia Miles per S$1 local spend
  • Enjoy access to shopping and dining vouchers
  • 24/7 Concierge Service
If your top priority is to rapidly accrue miles on all of your purchases, you may want to consider BOC Elite Miles World Mastercard. Cardholders earn 2 miles per S$1 spend overseas and 1 mile locally. In addition, consumers earn rewards for nearly all of their spend, even in categories that are typically excluded by other cards (like insurance premium payments). As a result, BOC Elite Miles Card is a better everyday card than some of its competitors.


Nonetheless, BOC Elite Miles Card isn't a great fit for everyone. There are no travel perks to speak of and no bonus or welcome miles. Frequent travellers who care about lounge access or who'd prefer reliable annual boosts (often regardless of their spend level) might be better with alternative cards. Still, BOC Elite Miles World Mastercard is certainly competitive in its own right, especially for people who care more about rapid miles accrual than travel privileges.

  • Annual fee: S$203.30 (or 30,000 BOC Bonus Points = 6,667 miles)
  • 2 KrisFlyer Miles or Asia Miles per S$1 overseas spend
  • 1 KrisFlyer Miles or Asia Miles per S$1 local spend
  • Enjoy access to shopping and dining vouchers
  • 24/7 Concierge Service

If your top priority is to rapidly accrue miles on all of your purchases, you may want to consider BOC Elite Miles World Mastercard. Cardholders earn 2 miles per S$1 spend overseas and 1 mile locally. In addition, consumers earn rewards for nearly all of their spend, even in categories that are typically excluded by other cards (like insurance premium payments). As a result, BOC Elite Miles Card is a better everyday card than some of its competitors.
Nonetheless, BOC Elite Miles Card isn't a great fit for everyone. There are no travel perks to speak of and no bonus or welcome miles. Frequent travellers who care about lounge access or who'd prefer reliable annual boosts (often regardless of their spend level) might be better with alternative cards. Still, BOC Elite Miles World Mastercard is certainly competitive in its own right, especially for people who care more about rapid miles accrual than travel privileges.

BOC Family Card: Rebates on Public Transit & Hospital Bills

  • Annual fee: S$203.30 (first year - waived)
  • 10% cash rebate on dining and movies
  • 5% cash rebate on Family Club Merchants
  • 3% on public transportation transactions
  • 3% on supermarket, online purchases and hospital bills
  • 0.3% rebate on all other retail spend

BOC Family Card is a great option for household spenders who want to earn miles on everything from dining to public transit and even hospital bills. Cardholders earn 10% rebate on dining & movie theaters, 5% for spend with select Family Club Merchants, 3% on public transport (like MRT trains & SMRT buses), and 3% on local supermarkets, hospital bills and online shopping.


While each of these 4 category groupings are quite attractive for diversified spenders, they're individually capped at S$25/month in rewards. Given the rate differentials, cardholders are incentivised to spend more on the last 2 categories (transit, groceries, online & medical), while the dining cap can be reached fairly quickly. This structure also means consumers must spend S$2,416 to max out the S$100/month total rewards potential, which may be a reach for the average consumer. However, individuals who are making purchases for their household may have a better chance at reaching the S$100/month total, ultimately earning up to S$1,200/year.

  • Annual fee: S$203.30 (first year - waived)
  • 10% cash rebate on dining and movies
  • 5% cash rebate on Family Club Merchants
  • 3% on public transportation transactions
  • 3% on supermarket, online purchases and hospital bills
  • 0.3% rebate on all other retail spend
BOC Family Card is a great option for household spenders who want to earn miles on everything from dining to public transit and even hospital bills. Cardholders earn 10% rebate on dining & movie theaters, 5% for spend with select Family Club Merchants, 3% on public transport (like MRT trains & SMRT buses), and 3% on local supermarkets, hospital bills and online shopping.


While each of these 4 category groupings are quite attractive for diversified spenders, they're individually capped at S$25/month in rewards. Given the rate differentials, cardholders are incentivised to spend more on the last 2 categories (transit, groceries, online & medical), while the dining cap can be reached fairly quickly. This structure also means consumers must spend S$2,416 to max out the S$100/month total rewards potential, which may be a reach for the average consumer. However, individuals who are making purchases for their household may have a better chance at reaching the S$100/month total, ultimately earning up to S$1,200/year.

BOC Sheng Siong Card: Great Rebates for Sheng Siong Loyalists

  • Annual fee: S$32.10 (first year waived)
  • Up to 12% cashback on Sheng Siong
  • 1.6% unlimited cashback on all overseas spend
  • 0.3% cashback on all other spend
The BOC Sheng Siong Credit Card is a great choice for individuals who want to earn boosted cashback on their grocery purchases. With no minimum spend required, you will earn 6% cashback on all of your Sheng Siong purchases, and an additional 6% (total of 12% cashback) if you spend min S$600 on out-store spend. Cardholders will also receive 1.6% cashback on any overseas purchases and 0.3% on all other retail purchases.


Rewards for Sheng Siong spend are capped at S$75/month (S$45 for the initial rate and S$30 for the additional rate). However, there is no limit to the amount of cashback an individual can earn on their overseas and general spend. Overall, this card offers great value for Sheng Siong loyalists who want to start earning rewards on their grocery purchases with no minimum spend requirement.

  • Annual fee: S$32.10 (first year waived)
  • Up to 12% cashback on Sheng Siong
  • 1.6% unlimited cashback on all overseas spend
  • 0.3% cashback on all other spend

The BOC Sheng Siong Credit Card is a great choice for individuals who want to earn boosted cashback on their grocery purchases. With no minimum spend required, you will earn 6% cashback on all of your Sheng Siong purchases, and an additional 6% (total of 12% cashback) if you spend min S$600 on out-store spend. Cardholders will also receive 1.6% cashback on any overseas purchases and 0.3% on all other retail purchases.


Rewards for Sheng Siong spend are capped at S$75/month (S$45 for the initial rate and S$30 for the additional rate). However, there is no limit to the amount of cashback an individual can earn on their overseas and general spend. Overall, this card offers great value for Sheng Siong loyalists who want to start earning rewards on their grocery purchases with no minimum spend requirement.

BOC Zaobao Credit Card : Earn Both Rebates and BOC Bonus Points

  • Annual fee: S$203.30 (waived for 2 years)
  • 15% cashback on petrol, 5% on dining and shopping
  • 3% cashback on online spend and 10% cashback at Buzz
  • 10% cash rebate on Zaobao & SPH newspaper subscriptions
  • 3% cashback on MCST fees
  • Unlimited bonus 1% cashback on all retail spend above S$2,000
  • No currency exchange fees for RMB transactions
  • 2 BOC bonus points on S$1 overseas spend and 1 BOC bonus point on S$1 local spend
While most credit cards on the market offer either cashback or points/miles to reward spend, BOC Zaobao Credit Card offers both. With a min spend of S$600 per month, you can earn 15% cashback on petrol, 10% on Zaobao and SPH newspaper subscriptions and 3% cashback on MCST fees. All these categories have a total cashback cap of S$30.


In addition, you can also earn 5% cashback on dining and shopping, 3% on online spend and 10% on spend at Buzz, with a shared cap of S$30 as well. However, you can avoid this cap and earn 1% bonus cashback with a monthly spend of at least S$2,000. BOC Zaobao Credit Card also awards 2 bonus points for every S$1 overseas spend and 1 bonus point for every S$1 local spend. These points can then be used to redeem BOC vouchers. Overall, this is a great card if you spend at least S$600/month and most of your monthly spend falls under the above-mentioned categories.

  • Annual fee: S$203.30 (first year waived)
  • 10% cashback on Qoo10 transactions, 15% on public transport
  • 3% cashback on fast food, entertainment and online spend
  • 0.3% all other spend
  • S$70 monthly cap
While most credit cards on the market offer either cashback or points/miles to reward spend, BOC Zaobao Credit Card offers both. With a min spend of S$600 per month, you can earn 15% cashback on petrol, 10% on Zaobao and SPH newspaper subscriptions and 3% cashback on MCST fees. All these categories have a total cashback cap of S$30.


In addition, you can also earn 5% cashback on dining and shopping, 3% on online spend and 10% on spend at Buzz, with a shared cap of S$30 as well. However, you can avoid this cap and earn 1% bonus cashback with a monthly spend of at least S$2,000. BOC Zaobao Credit Card also awards 2 bonus points for every S$1 overseas spend and 1 bonus point for every S$1 local spend. These points can then be used to redeem BOC vouchers. Overall, this is a great card if you spend at least S$600/month and most of your monthly spend falls under the above-mentioned categories.

BOC Qoo10 World MasterCard: Great Cashback for Shopping at Qoo10

  • Annual fee: S$203.30 (first year waived)
  • 10% cashback on Qoo10 transactions, 15% on public transport
  • 3% cashback on fast food, entertainment and online spend
  • 0.3% all other spend
  • S$70 monthly cap
BOC Qoo10 World Mastercard is a great option for frequent Qoo10 shoppers. While it offers 3% cashback on all Qoo10 spend when over spend is at S$400 per month, this card is most beneficial to those whose monthly spend is above S$800 as the cashback rates increase dramatically above that point.


You can earn 10% cashback on all Qoo10 purchases, 15% on public transportation, 3% on select categories (local fast food, entertainment, online, overseas spend) and 0.3% on all other spend. This cashback is capped at S$70 per month, with S$30 being the cap on all Qoo10 transactions and S$40 being the cap on all other spend.

  • Annual fee: S$203.30 (first year waived)
  • 10% cashback on Qoo10 transactions, 15% on public transport
  • 3% cashback on fast food, entertainment and online spend
  • 0.3% all other spend
  • S$70 monthly cap
BOC Qoo10 World Mastercard is a great card for frequent Qoo10 shoppers. While it offers 3% cashback on all Qoo10 spend when over spend is at S$400 per month, this card is most beneficial to those whose monthly spend is above S$800 as the cashback rates increase dramatically above that point.


You can earn 10% cashback on all Qoo10 purchases, 15% on public transportation, 3% on select categories (local fast food, entertainment, online, overseas spend) and 0.3% on all other spend. This cashback is capped at S$70 per month, with S$30 being the cap on all Qoo10 transactions and S$40 being the cap on all other spend.

BOC Qoo10 Platinum MasterCard: Shopping Rebates for Budget Spenders

  • Annual fee: S$32.10 (first year waived)
  • 3% cashback on Qoo10 spend
  • 10% cashback on public transport
  • 3% on local fast food, entertainment, taxis, online, and overseas spend
  • Monthly cap S$30
Those on a budget with monthly spend between S$200 and S$400 can benefit the most from BOC Qoo10 Platinum MasterCard. With one of the lowest annual fees on the market, S$32.10, this card allows you to still earn great rates and save up to S$360 in cashback per year.


With a minimum monthly spend of S$200, you can earn 3% cashback on Qoo10 spend, 10% on public transportation, 3% on selected categories (local fast food, entertainment, online, overseas spend) and 0.3% on all other transactions. A monthly cap of S$10 will be applied to all Qoo10 spend and S$20 cap will be applied to all other above-mentioned spend.

  • Stand-Out: Low S$200 minimum spend requirement & 10% cashback on transport transactions
  • Read Our Full Review
  • Annual fee: S$32.10 (first year waived)
  • 3% cashback on Qoo10 spend
  • 10% cashback on public transport
  • 3% on local fast food, entertainment, taxis, online, and overseas spend
  • Monthly cap S$30
Those on a budget with monthly spend between S$200 and S$400 can benefit the most from BOC Qoo10 Platinum MasterCard. With one of the lowest annual fees on the market, S$32.10, this card allows you to still earn great rates and save up to S$360 in cashback per year.


With a minimum monthly spend of S$200, you can earn 3% cashback on Qoo10 spend, 10% on public transportation, 3% on selected categories (local fast food, entertainment, online, overseas spend) and 0.3% on all other transactions. A monthly cap of S$10 will be applied to all Qoo10 spend and S$20 cap will be applied to all other above-mentioned spend.

BOC Visa Infinite Card: Unlimited Cashback for High Spenders

  • Annual fee: S$374.50 (first year waived)
  • 1% cash rebate on all local purchases
  • No minimum spend and no caps
  • Waiver of 1.5% currency exchange fees on overseas transactions
  • Complimentary S$1 million travel insurance
  • Complimentary purchase protection
With a minimum income requirement of S$120,000, BOC Visa Infinite Card is a great fit for affluent consumers, who primarily spend in Singapore, but also travel abroad. You can earn 1% cashback on all spend in Singapore with no minimum requirement and no caps. At this rate to earn S$80 – S$100 per month in cashback (which tends to be one of the best monthly savings offered on the market), you need to spend S$8,000 – S$10,000 each month.


Frequent travelers can enjoy the following perks: 1.5% currency exchange fee waiver on all overseas transactions, 24 hour lifestyle concierge, complimentary S$1 million travel insurance, complimentary purchase protection and 2 complimentary visits to any participating Plaza Premium Lounge worldwide.

  • Annual fee: S$374.50 (first year waived)
  • 1% cash rebate on all local purchases
  • No minimum spend and no caps
  • Waiver of 1.5% currency exchange fees on overseas transactions
  • Complimentary S$1 million travel insurance
  • Complimentary purchase protection
With a minimum income requirement of S$120,000, BOC Visa Infinite Card is a great fit for affluent consumers, who primarily spend in Singapore, but also travel abroad. You can earn 1% cashback on all spend in Singapore with no minimum requirement and no caps. At this rate to earn S$80 – S$100 per month in cashback (which tends to be one of the best monthly savings offered on the market), you need to spend S$8,000 – S$10,000 each month.


Frequent travelers can enjoy the following perks: 1.5% currency exchange fee waiver on all overseas transactions, 24 hour lifestyle concierge, complimentary S$1 million travel insurance, complimentary purchase protection and 2 complimentary visits to any participating Plaza Premium Lounge worldwide.

Learn More About Maximising Rewards with Bank of China

BOC Elite Miles World Mastercard v. Citi PremierMiles Card

Consumers seeking a balance between competitive miles rates and affordable travel perks may be interested in Citi PremierMiles Card. Cardholders earn 1.2 miles per S$1 spend locally, 2 miles overseas and often up to 10 miles per S$1 for spend with select travel booking sites (varies with promotions). While these rates are notably lower than BOC Elite Miles Card's, they still align with the market standard.


However, Citi PremierMiles Card offers more valuable travel perks than BOC Elite Miles World Mastercard. Consumers receive 2 free lounge visits per year and have access to one of the most comprehensive free travel insurance plans on the market, which includes travel inconvenience coverage for missed flights and lost luggage. Cardholders also receive 10,000 bonus miles every year which are valued at S$100+, easily offsetting the already moderate S$192.6 annual fee. Overall, travellers who care about both rates and perks may prefer Citi PremierMiles Card.

BOC Elite Miles World Mastercard v. HSBC Revolution Card

  • Up to 2mi/S$1 spend on online insurance & bill-pay
  • Annual Fee: None (waiver available)
  • Read Our Full Review
If you're a primarily local spender looking to earn miles in popular spend categories, consider HSBC Revolution Card. Cardholders earn 2 miles per S$1 spend on local dining and entertainment as well as for online transactions–including on insurance premiums and bill-pay. BOC Elite Miles Card does not reward utilities payments and its local rates are lower than HSBC Revolution Card's. Still, HSBC Revolution Card's rewards categories are far more limited.


Those who do spend a great deal on dining and online will likely be better off with HSBC Revolution Card, and can ultimately enjoy an additional perk–those who spend just S$12.5k/year are exempt from the S$160.5 annual fee. This is a great deal for those looking to avoid extra card costs, especially when compared to BOC Elite Miles Card which charges S$203.3 and does not offer a waiver.

BOC Family Card v. OCBC 365 Card

  • High travel & dining cashback plus exclusive travel deals
  • Annual Fee: S$192.60 (waiver available)
  • Read Our Full Review
Family spenders with diversified budgets who want to avoid paying an annual fee may be interested in OCBC 365 Card. After just S$800 minimum spend, cardholders earn 6% cashback on dining & online food delivery and 3% on groceries, land transport, online travel bookings and recurring telco & electricity bills. While rewards are capped at S$80/month (vs. S$100 with BOC Family Card), this cap is still competitive on the overall market and applies to overall spend, rather than distinct categories. This means cardholders can use this card primarily for dining and max out total monthly rewards with as little as S$1,333 spend.


OCBC 365 Card also stands out by offering an annual fee waiver. Those who spend just S$10k/year (about S$833/month) are exempt from the S$192.6 fee. Finally, cardholders even receive a few perks like free travel insurance and boosted petrol discounts. Ultimately, household spenders looking for affordable everyday cashback may prefer OCBC 365 Card while those with more consistent and focused budgets may prefer BOC Family Card.

BOC Elite Miles v. Citi PremierMiles
Consumers seeking a balance between competitive miles rates and affordable travel perks may be interested in Citi PremierMiles Card. Cardholders earn 1.2 miles per S$1 spend locally, 2 miles overseas and often up to 10 miles per S$1 for spend with select travel booking sites (varies with promotions). While these rates are notably lower than BOC Elite Miles Card's, they still align with the market standard.


Citi PremierMiles Card offers more value in terms of its travel perks, however. Consumers receive 2 free lounge visits per year and have access to one of the most comprehensive free travel insurance plans on the market, which includes travel inconvenience coverage for missed flights and lost luggage. Cardholders also receive 10,000 bonus miles every year which are valued at S$100+, easily offsetting the already moderate S$192.6 annual fee. Overall, travellers who care about both rates and perks may prefer Citi PremierMiles Card.

BOC Elite Miles v. HSBC Revolution
If you're a primarily local spender looking to earn miles in popular spend categories, consider HSBC Revolution Card. Cardholders earn 2 miles per S$1 spend on local dining and entertainment as well as for online transactions–including on insurance premiums and bill-pay. BOC Elite Miles Card does not reward utilities payments and its local rates are lower than HSBC Revolution Card's. Still, HSBC Revolution Card's rewards categories are far more limited.


Those who do spend a great deal on dining and online will likely be better off with HSBC Revolution Card, and can ultimately enjoy an additional perk–those who spend just S$12.5k/year are exempt from the S$160.5 annual fee. This is a great deal for those looking to avoid extra card costs, especially when compared to BOC Elite Miles Card which charges S$203.3 and does not offer a waiver.

BOC Family Card v. OCBC 365
Family spenders with diversified budgets who want to avoid paying an annual fee may be interested in OCBC 365 Card. After just S$800 minimum spend, cardholders earn 6% cashback on dining & online food delivery and 3% on groceries, land transport, online travel bookings and recurring telco & electricity bills. While rewards are capped at S$80/month (vs. S$100 with BOC Family Card), this cap is still competitive on the overall market and applies to overall spend, rather than distinct categories. This means cardholders can use this card primarily for dining and max out total monthly rewards with as little as S$1,333 spend.


OCBC 365 Card also stands out by offering an annual fee waiver. Those who spend just S$10k/year (about S$833/month) are exempt from the S$192.6 fee. Finally, cardholders even receive a few perks like free travel insurance and boosted petrol discounts. Ultimately, household spenders looking for affordable everyday cashback may prefer OCBC 365 Card while those with more consistent and focused budgets may prefer BOC Family Card.

Zoryana Melesh

Zoryana is a Senior Research Analyst at ValueChampion, who focuses on evaluating credit cards, savings and fixed deposits in Singapore. She holds a BA in Political Science and an MPA in International Finance and Economic Policy, both from Columbia University. Prior to joining ValueChampion, Zoryana worked in treasury management consulting.

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