With its high income requirement of S$120,000 and low unlimited cashback rate of 1%, BOC Visa Infinite Card fits a rather small group of people who travel frequently, yet spend most of their income locally. The card offers certain travel perks, such as a waiver of 1.5% currency exchange fees on overseas transactions, yet the 1% unlimited cashback rate only applies on Singapore spend. In order for monthly cashback to at least compare to other cashback cards on the market, monthly spend should reach anywhere between S$8,000 - S$10,000, earning cashback of S$80 - S$100 per month.

BOC Visa Infinite Credit Card Features and Benefits

What Makes the BOC Visa Infinite Credit Card Stand Out?

BOC Visa Infinite Card is most suitable for frequent travelers and high spenders. This card offers an unlimited 1% cashback on all purchases, limited to Singapore. In addition, it comes with several travel perks, such as: a waiver of 1.5% currency exchange fees on all overseas transactions, a 24-hour lifestyle concierge service, and 2 complimentary visits to Plaza Premium Lounge worldwide.

Monthly cashback breakdown

At S$374.50, BOC Visa Infinite Card also has the highest annual fee of all Bank of China credit cards. In addition, its minimum annual income requirement of S$120,000 limits the pool of applicants to high spenders. One rather unique feature of this card is that it offers up to 3.55% p.a. interest rate on a BOC multi-currency savings account with minimum spend of S$1,500 on BOC Visa Infinite Card.

BOC Smart Saver is a savings plan for multi-currency savings account holders, which you can open with a minimum deposit of S$1,500. As with many savings accounts, you can earn bonus interest by purchasing an insurance product, spending a certain amount on your credit or debit card or through salary crediting. With a minimum deposit of S$80,000 on your savings account, you can earn 3.00% p.a. and with the additional spend of S$1,500 on your BOC Visa Infinite Credit Card, you can earn at least 3.50% p.a..

Monthly cashback breakdown with bonus interest on the savings account

Cashback Not Available On...

There are certain transactions which do not qualify for cashback and do not earn BOC Bonus Points. These are:

BOC Visa Infinite Credit Card's Features and Benefits

How Does BOC Visa Infinite Credit Card Compare to Other Options?

In order to help you understand the BOC Visa Infinite Card's value in the context of your other choices, we've provided a head-to-head analysis comparing it to several other popular credit cards below. In case you would like to compare the rewards value of this card or any other card yourself, go to our RealValue Credit Card Rewards Calculator to compare the cards' rewards, promotions, rates and other unique features.

BOC Visa Infinite Card v. ICBC Horoscope Credit Card

Consider this if you're looking for unlimited cashback on local and overseas spend

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• Pros
  • Unlimited cashback with no spend requirement
  • Higher cashback rates abroad and at select retailers
  • Annual fee waived for 3 years

• Cons
  • Lower cashback rate than cards with caps or spend requirements
  • Higher local rewards only apply to dining and clothing shops
  • S$150 annual fee higher than average

ICBC Horoscope Credit Card is a great option for those who spend at least $S3,000 with a portion of it overseas. This card offers unlimited 3% cashback on foreign spend, 2% at select shopping and dining merchants and 1% cashback on all other local spend. With S$150 annual fee, waived for 3 years, this card is a great option for high spenders, both at home and abroad.

BOC Visa Infinite Card offers 1% cashback on all local spend, regardless of the merchant or the spend category. While this feature makes the card more flexible, compared to ICBC Horoscope Card, it comes at a cost of a lower cashback rate. Visa Infinite Card's annual rate is also much higher at S$374.50 compared to ICBC Horoscope Card's S$150, however it makes up for it with the various travel perks it offers. In conclusion, ICBC Horoscope Credit Card is a better option for those who spend at least S$3,000 monthly and primarily spend on travel and local dining and shopping. BOC Visa Infinite Card is a better fit for those who spend most of their money locally and want to earn on all local spend without limitations.

BOC Visa Infinite Card v. ICBC Global Travel Mastercard

Consider this if you're looking for unlimited cashback on overseas spend

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• Pros
  • Up to 3% unlimited cashback abroad
  • 1.5% cashback on local transactions
  • No minimum spend for rewards

• Cons
  • Cashback expires after 12 months
  • Specialized cards offer higher rewards in some categories
  • No extra benefits or perks

ICBC Global Travel Mastercard is a great cashback card for frequent travelers offering unlimited 3% cashback on overseas spend and 1.5% on local spend. In order to take full advantage of this card, you should ideally spend at least S$2,700 per month on overseas spend and S$1,700 on local spend, adding up to a total monthly spend of S$4,400 and cashback of S$106.50. In order to earn the same cashback with BOC Visa Infinite Card, you would need to spend S$10,650 on local purchases. ICBC Global Travel Mastercard's main advantage is its overseas cashback rate, since its domestic rate of 1.5% is very close to BOC Visa Infinite's 1% rate. Its main disadvantage is that it doesn't offer any travel perks and insurance which are offered by BOC Visa Infinite Credit Card.

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