Bank of China Singapore launched the BOC Elite Miles World Mastercard this week offering cardholders 2 miles per S$1 spending in Singapore and 5 miles per S$1 spent overseas from now till 31 December 2018. After that, you earn 1.5 miles for every S$1 spent locally and 3 miles for every S$1 spent overseas.
Mr Anson Lim, Head of Card Centre at Bank of China Singapore Branch, said, “This latest BOC Elite Miles World Mastercard is our first credit card that is specially tailored for the frequent travellers segment. Singaporeans love their travel and we want to ensure that our card makes it easy for them to redeem free air tickets faster and to travel even more frequently. With this card, cardholders will enjoy the highest miles earn rate on any spending. In addition, cardholders can use their accelerated points to redeem for faster rewards such as Grab, groceries, petrol vouchers and more.”
As a cardholder, you also get to use any of the Plaza Premium Airport Lounges around the world four times a year. Find Out How Plaza Premium Lounge in Hong Kong Saved Sylvia Toh.
The card is enabled with Mastercard contactless so cardholders can tap and go to pay for transport whilst earning BOC points for miles rewards or to redeem for access to many lifestyle rewards.
Cardholders also enjoy Mastercard World Privileges including Mastercard Priceless Cities access to one-of-a-kind experiences, privileged event access and special offers from around the world. Enjoy exclusive dining, retail and spa offers and access to over 1,000 lounges worldwide with LoungeKey. Enjoy JetQuay complimentary access with your companion when arriving or departing from Singapore.
This is the bank’s second collaboration with Mastercard this year after launching the BOC Qoo10 World Mastercard. It is the bank’s fifth card product. The bank’s portfolio of cards includes the BOC Visa Infinite Card, BOC Family Card, BOC Zaobao Credit Card, BOC Sheng Siong Card and BOC Qoo10 Mastercard.
What you need to know about the BOC Elite Miles World Mastercard
| Income Criteria | S$30,000 per annum |
| Annual Fee | S$190 per year (Principal) / S$95 (Supplementary) |
| First Year free | |
| Earn Rate | S$1 local = 2 miles | S$1 overseas = 5 miles (till 31 December 2018) |
| S$1 local = 1.5 miles | S$1 overseas = 3 miles (after 31 December 2018) | |
| Conversion Fee (from points to miles) | S$30 per redemption subject to GST |
| Conversion Rate to Asia Miles | Minimum 18,000 points to 6,000 miles |
| Conversion Rate to KrisFlyer Miles | Minimum 30,000 points to 10,000 miles |
The top 100 eligible cardholders with the highest qualifying spend before 31 December 2018 will win an Economy Class Singapore Airlines return ticket to Bangkok, Thailand.
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