Bank of China Zaobao Credit Card

About Bank of China ZaoBao Credit Card 2024

For those people who still read the physical newspaper in the morning as you eat your breakfast

Eligibility for China ZaoBao Credit Card

• Singaporeans and PR of at least 18 years of age; Minimum annual income of $40,000
• Foreigners; Minimum annual income of $60,000

Fees and Charges for China ZaoBao Credit Card

• Annual Principle Fee: $203.30 (First year annual fee waived)
• Annual Supplementary Card fee: $101.65 (First year annual fee waived)
• Fee waiver: Available
• Interest-Free Period: 23 days
• Annual Interest Rate: 28.88%
• Minimum monthly payment: 3% or $50, whichever is higher
• Late payment charge: 5% per month of the Minimum Payment Sum, subjected to a minimum of $100 per month
• Cash advance fee:
  - For Other Credit Cards: 6% of amount withdrawn or S$20, whichever is higher
  - For Business Card: 5% of amount withdrawn of S$15, whichever is higher
• Over Fee Limit: S$40
• Card Replacement Fee: S$21.40

Key features of China ZaoBao Credit Card

After you accumulate a qualifying spend of minimally S$600 charged to your BOC ZaoBao Credit Card, you are entitled to the following cash rebates:

• Up to 23.5% savings on Petrol transactions at Caltex, Shell, Sinopec and SPC + 10% Cash Rebate on Zaobao & SPH newspaper subscriptions and at Buzz (Capped at S$30 per month per Card Account)
• 5% Cash Rebate on Dining and Department Store + 3% Cash Rebate on MCST Fees and Online Spend (Capped at S$30 per month per Card Account)

Total Cap Amount per month per Card Account: S$60/month

• Unlimited 1% bonus Cash Rebate on all retail spend above S$2,000
• S$1 Overseas spend = 2 BOC Rewards Points (excluding transactions in RMB)
• S$1 Local Spend = 1 BOC Rewards Points
• No currency exchange fees for retail transactions posted in RMB

Terms and conditions of China ZaoBao Credit Card

For more info, you can check out China ZaoBao Credit Card's page.