Best Bank of China Credit Cards 2020

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:
  • 3 miles/S$1 overseas, rewards for insurance premiums
BOC Family Card:
  • Up to 10% on dining, 3% on transit, medical & more

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

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

  • Annual fee: S$203.3
  • 1.5 miles (4.5 pts) per S$1 locally
  • 3.0 miles (9.0 pts) per S$1 overseas
  • 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 an incredible 3 miles per S$1 spend overseas and 1.5 miles locally–amongst the highest rates currently on the market. Even better, 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$203.3
  • 1.5 miles (4.5 pts) per S$1 locally
  • 3.0 miles (9.0 pts) per S$1 overseas
  • 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 an incredible 3 miles per S$1 spend overseas and 1.5 miles locally–amongst the highest rates currently on the market. Even better, 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$203.3
  • 10% rebate on dining & movie theaters, up to S$25/mo
  • 5% rebate w/ Family Club Merchants (Best Denki, POPULAR & more), up to S$25/mo
  • 3% rebate on public transport (MRT trains & SBS/SMRT Buses via SimplyGo), up to S$25/mo
  • 3% rebate on local supermarkets, online retail & hospitals, up to S$25/mo
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$203.3
  • 10% rebate on dining & movie theaters, up to S$25/mo
  • 5% rebate w/ Family Club Merchants (Best Denki, POPULAR & more), up to S$25/mo
  • 3% rebate on public transport (MRT trains & SBS/SMRT Buses via SimplyGo), up to S$25/mo
  • 3% rebate on local supermarkets, online retail & hospitals, up to S$25/mo
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.

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.


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 World Mastercard v. HSBC Revolution Card

  • Up to 2mi/S$1 spend on online insurance & bill-pay
  • Annual Fee: S$160.5 (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

  • Up to 6% rebate on dining, groceries, transport & more
  • Annual Fee: S$192.6 (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.

Carrie Arndt

Carrie is a Senior Analyst at ValueChampion, helping consumers find the best credit cards and other financial products based on quantitative and qualitative analysis. She previously led consumer studies worldwide as a Senior Research Executive at MMR Research, and led development & operations and BellaVetro. She attended Duke University and Penn State University, graduating with a degree in Political Science and Government. Her work has been featured on a variety of major media such as Yahoo Finance, Asia One, Buro, Zuu Online and more.

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