If you’re someone who usually charges everyday expenses to your credit card, then you should consider getting this one. The BOC Shop! Card is specially curated to reward you for every transaction that you pay for using it. With cash rebates of up to 1% on your monthly spends, it opens up a new world of rewards when you shop. While this is certainly exciting, you also need to be aware that the maximum amount of rebates you can earn each month is limited to S$80. Once you reach this limit, you will not earn any more rebates no matter how much you spend.
|Cash rebate on monthly spends above S$1,000||1% of the amount|
|Cash rebate on monthly spends of S$1,000 or below||0.5% of the amount|
|Complimentary travel insurance||Not available|
Shopping on a daily basis especially for everyday needs can become a mundane task. That’s why this card tries to make an engaging and rewarding experience by offering you a cash rebate of up to 1% every time you use it to pay for your most common purchases. Not only this, the reward rate applies to every single transaction you charge to the card. Retail shopping just got a whole lot more rewarding! Simply spend a minimum of S$1,000 or more every month to this credit card and get a 1% cash rebate on the total amount you’ve spent in that monthly statement, subject to the S$80 rebate cap. Even if you don’t spend that much, you will still get a rebate of 0.5% on your monthly statement billing amount of less than S$1,000. Shopping, anyone?
The BOC Shop! Credit Card Cash Rebate Programme
The cash rebate programme offered by BOC has the following terms and conditions:
Here’s how much cash rebate you will earn per month depending on your spend amounts:
|Monthly Spend||Cash rebate||Cash rebate earnings|
Redeem the points earned by simply calling the bank hotline and select the gift you want.
|Type of Interest||Charge|
|Retail Purchases||28.88% p.a.|
|Cash Advance||28.88% p.a.|
|Instalment Payment Plan||0%|
Note: The interest rates mentioned above are effective starting 10 April 2018
|Type of charge||Charge|
|Annual Fee||S$300 (2-year waiver)|
|Overseas Transaction Fee||Bank admin charge of 1.5% + 1% as levied by Visa|
|Late Payment Fee||5% of the minimum due, subject to a minimum of S$100.|
|Cash Advance Fee||6% of the sum withdrawn or S$20, whichever is greater.|
|Supplementary Card Fee||S$150|
The magnetic stripe of the card has to be activated for overseas use. Follow the steps mentioned below to successfully activate this feature of your card:
Before you decide to go on your shopping spree with this card, ensure you meet the eligibility criteria to own it. Check your eligibility conveniently on our website.
You can choose the best from 7 types of credit cards by comparing the different features and benefits of the cards. As there will be no single card featuring all the benefits you need, you may have to make a choice on which benefit is more important for you.
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How to Enable/Disable Auto Debit & Standing Instructions
Through Online Banking
Register for BOC’s personal online banking facility and complete the steps below by logging into your account:
For disabling this facility, go to ‘Scheduled Bill Management’ and edit or cancel the set date according to your preference.
How to Apply for the Card & Check the Application Status
Download, Fill & Submit Form and Follow Up With the Bank
Call BOC 24/7 hotline to know the status of your credit card application. Generally, it takes around 2 weeks to process a new application.
How to Check Balance
Through Internet or Phone Banking/BOC Mobile Banking App
How Can the Bill Be Paid?
Through GIRO/AXS/Phone Banking/Cheque/Cash/Bank Branch
Pay your credit card bill in the following ways:
How Much Is the Minimum Payment to Be Made on the Card?
3% of the Outstanding Balance or Min S$50
Your monthly minimum payment will be 3% of your outstanding balance amount, subject to a minimum of S$50. Any amount in excess of your predefined credit limit and minimum payment dues from past billing cycles will also be added.
What Is the Grace Period?
You’ll have an interest-free period of 23 days.
How to Block or Unblock the Card?
Call BOC Customer Service Hotline
Call the BOC 24/7 customer service hotline number and follow the instructions accordingly to block or unblock your card.
How to Reset the PIN?
Telebanking/Online Banking/BOC ATMs
What Is the Billing Cycle and the Bill Due Date?
You will receive your credit card bill on a monthly basis. The billing period between two continuous statements will vary depending on the number of working days in a month.
Your credit card statement will have a due date by which you need to either pay the minimum or the complete bill amount.
How to Get a Replacement Card?
Call BOC Hotline
Is is the Bank’s discretion to provide you with a replacement card if your existing card has expired. If your card is lost or stolen, you need to call the BOC hotline number to request a replacement card.
How to Temporarily Increase the Limit of the Card
Contact the bank for a temporary credit limit increase on your BOC card. A written request will be required in case of a permanent increase. The maximum credit limit that is offered is 2 times your monthly salary.
Run Time – Till 30 June, 2016
Particulars – Enjoy cash rebate of up to 6 percent when you shop at select merchants and online store with your BOC Shop! Card when you spend a minimum amount of SGD 500 in a month. You can get up to SGD 80 as cash rebate by spending a maximum amount of SGD 600 in a month.
Terms and Conditions – This promotion does not apply to certain transactions including payments made to prepaid accounts such as EZ-Link, payments made to government institutions etc. Please contact the bank for all applicable terms and conditions for this promotion.
Run Time – This offer is available till the 30th of June, 2016
Particulars – Use your BOC Shop! Card while shopping at selected department stores and online to earn a cash rebate of up to 6 percent.
Terms and Conditions –
• This offer is only available for online transactions or for transactions at selected stores.
• The value of rebate will be maximum SGD 80.