This credit card gives you the flexibility to make your payments in either Renminbi or in Singapore dollars. If you purchase goods or services and pay for them in foreign currency, it waives off the charges and fees that usually apply on foreign currency transactions. If you plan on transferring money to Mainland China, you can get a discount of 30% on the remittance fees by showing your card at any of the BOC branches. Another feature of the card is that it offers double rewards on all foreign spends excluding those that you make in RMB. You can redeem these rewards to get cash rebates, dining vouchers, and gadgets courtesy of the rewards programme from BOC. You can use this card to pay for purchases you make at more than 24 million terminals in China. You can use it to withdraw money from over 200,000 ATMs as well. A 24-hour concierge service is provided to help you plan your travels and make all the necessary arrangements without any hassles.
|Reward points for retail purchases overseas||2 bonus points for every S$1 (except in RMB)|
|Reward points for local retail purchases||1 bonus point for every S$1|
|Airlines that the points can be used in||Singapore Airlines and SilkAir|
|Complimentary travel insurance||Not available|
|Concierge/butler service||Available – Worldwide Concierge Assistance|
If you love getting rewards when you use your card to pay for your purchases, the BOC Dual Currency Diamond Card is something you should consider getting. It gives you 2x Bonus Points for every purchase you make overseas. However, this does not apply to transactions you pay for in RMB.
You can accumulate these Bonus Points over time and use them to get various rewards such as dining vouchers, rebates and some of the latest gadgets from the BOC Rewards programme. This way, shopping can become a whole lot more fun and rewarding.
Being a dual currency card, it allows you to pay for your purchases in both Singapore dollars and Renminbi. In addition to this, you get the currency exchange fees completely waived off on all purchases that are paid for in Renminbi, making your transactions that much cheaper. Also, the next time you want to transfer money to Mainland China, show this credit card at your BOC branch to get a discount of 30% on your remittance fees.
If you shop frequently in China, you may want to carry this card along with you. Since the card is linked with UnionPay which is the payment network with the widest coverage in China, you can use it to pay at more than 24 terminals when you purchase goods or services from participating merchants. Apart from this, you can also use it to withdraw cash from more than 200,000 ATMs in China. No more falling short of cash when you’re travelling in the country.
If you travel a lot, chances are, you get tired of making plans and sorting out travel arrangements every now and then. Or even if you’re travelling for the first time and you don’t know how to go about making all the necessary arrangements, simply get in touch with the concierge service that is available with this card.
It is a service that is available all 24 hours of the day, and is designed to help you books air tickets, arrange for airport transfers, book hotel rooms and plan your travel calendar. If you’re on a business trip, you can also use this service to make reservations for business lunches. They are also available for any emergencies that may come up during your travels, making your trips easier and more comfortable overall.
Let’s say, you visited Malaysia last month and spent S$2,500 using your card. The table below shows the number of bonus points you earned for each category:
|Spend categories||Spend||Points earned|
|Other retail spends||S$200||400|
|Total||S$2,500||Points earned: 3,800|
|Type of Interest||Charge|
|Retail purchases||28.88% p.a.|
|Cash advance||28.88% p.a. on the withdrawn amount|
|Instalment payment plan||0%|
Note: The above rates are applicable as of 10 April 2018
|Type of Interest||Charge|
|Annual fee||S$190 (waived for 2 years)|
|Overseas transaction fee||1.5% of the transaction amount|
|Late payment fee||5% of the monthly minimum sum (minimum S$100)|
|Cash advance fee||S$20 or 6% of the withdrawn amount, whichever is more|
|Monthly repayment||S$50 or 3% of the outstanding balance, whichever is more|
|Supplementary card fee||S$75 (waived for the first 2 years)|
You’ll have to activate the magnetic stripe of your card if you want to use it for overseas retail transactions. Follow any one of the steps mentioned below to activate the feature:
Please note – Follow the same steps to deactivate your card once you’re back in Singapore.
Visit our dedicated BOC credit cards main page to check your eligibility.
Credit cards are categorised under different sections such as travel cards, cashback cards, etc., and under each category there are multiple cards. Find out more about credit cards, through our website.
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Schedule Bill Payment or GIRO
BOC's feature called the Schedule Bill Payment Management allows you to choose the amount you wish to deduct for payment of your bills every month through GIRO.
How to Apply for the Card & Check the Application Status
Download Form and Submit to Bank and Follow Up
How to Check Balance
Internet Banking or Mobile Banking
You can check your balance using the internet banking facility or the mobile application of BOC.
How Can the Bill Be Paid?
Through Internet Banking/Cheque/Money Order/Cash/AXS/GIRO/Telephone Banking
The following payment methods are available with the bank:
How Much Is the Minimum Payment to Be Made on the Card?
3% of the Statement Balance or Min S$50
What Is the Grace Period?
The interest-free period is 23 days from the generation of the statement, provided you do not have pending dues.
How to Block or Unblock the Card?
Blocking or unblocking can be done by calling up the hotline number of BOC.
How to Reset the PIN?
Use the tele-banking service to reset the PIN of your credit card.
What Is the Billing Cycle and the Bill Due Date?
The generation of bills between two subsequent months is considered as the billing cycle. The due date by which you must pay the amount is mentioned on your bill.
How to Get a Replacement Card?
If you lose the card, you must inform the bank at the earliest. The bank may, at its discretion and according to its terms and conditions provide you with another card.
How to Temporarily Increase the Limit of the Card