Whether it is Black Friday that caught you by surprise this year or there is a fantastic sale on something you always wanted, like many other people, you might be in a situation where you are short on cash, and you are thinking of a way to purchase what you want.
Credit cards are a solution to this kind of problem that more and more people are turning to. Globally, all banks are offering many types of credit cards that can provide their customers with exclusive benefits in terms of cashback, but also many other rewards.
The BOC Credit Cards have rapidly gained an excellent reputation due to its reliability and generosity. In this article, we will carefully go over the sign-up procedure and benefits of a BOC credit card. The BOC has a 100% online application that makes the process even more comfortable to obtain the credit card. Let’s continue reading and find out more details and decide where the BOC credit card is worth your attention.
Benefits of a BOC Credit Card
The credit cards offered by BOC come with many perks depending on the type of card you need. Below we will consider a few credit cards and benefits that they can provide us. Keep in mind that credit cards with better perks also come at a higher annual fee.
The BOC Dual Currency Diamond Card has a 4% CashBack perk for all UnionPay QuickPass transactions. Also, it offers a great benefit as it has a 0% handling fee for any overseas spending. On top of that, this credit card has only 2% CashBack and perks regardless of what you buy with it.
The BOC I-card is made for people who do a lot of online shopping. Using this card, you will earn Gift Points for any online shopping that can be done from your computer, laptop, or smartphone. BOC has other cards that also offer Gift Points with 10x the amount of points you would get with any other card. On top of that, you can earn 25,000 Gift Points for any additional BOC i-card up to a maximum of 9.
The BOC Travel Rewards Visa Signature Card is made for people that do a lot of traveling by plane. Using this card, you will receive an 8% cashback on all overseas expenses. Also, you can receive a maximum of HK$500 per month or HK$6,000 a year every time you make your travel purchases with this card. This card also comes with the Gift Point program, and it rewards you with 1 point for every HK$1 spent.
The Boc Mastercard Platinum Card is the best card for heavy spenders. This card comes with exclusive benefits from the best global merchants. Using it, you will have access to 24-hour specialized customer services, unique discounts, rewards programs, and special offers from lotus Tours.
Fees and Rates
When it comes to fees, you should keep in mind the three aspects of BOC credit cards. Firstly, there is a minimum annual fee of HK$230, and other types of credit cards might require a higher annual fee as they can offer a lot more rewards.
Secondly, there is an up to 35.7% interest rate for any purchases made with this card and a 37.96 % interest rate for advance cash. Thirdly, there is a 5% fee for the late payment of HK$230 that can reach up to a maximum of HK$280.
How to Apply
In order to apply for a BOC credit card, you must fulfill the following criteria.
- You must be 18 years or older
- Be a permanent resident of Hong Kong
- Depending on the type of card you would like to order, you must have a certain amount of monthly income
If you fulfill all of the above criteria, you can simply apply online by clicking here.
Address: BOC Credit Card (International) Ltd, 20/F, BOC Credit Card Centre, 68 Connaught Road West, Hong Kong
Tel: +852 2853 8888
Fax: +852 2541 5415
BOC Credit Card Hotline: +852 2853 8828
Note: There are risks involved when applying for and using credit. Consult the bank’s terms and conditions page for more information.