Asia Miles Credit Cards KrisFlyer

Credit Card Review: BOC Elite Miles World Mastercard

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Note: The BOC Elite Miles credit card transfer ratios to KrisFlyer and Asia Miles are being cut from 15th June 2020, effectively cutting this card’s earn rates to 1 mpd locally and 2 mpd overseas. This review will be updated to reflect the changes soon.

A new miles earning credit card hit the market in mid-2018 and it represented the first foray by Bank of China (BOC) into the frequent flyer points scene in Singapore, with its Bank of China Elite Miles World Mastercard.

Here’s our review of the card, which forms part of our series of credit card reviews, all of which are summarised on our dedicated Credit Cards page.

Dollar amounts refer to SGD, and ‘miles’ refer equally to KrisFlyer Miles or Asia Miles, except where stated. This review was updated on 15th March 2019.

Key features


Annual fee: $190.00/yr (waived for first year)
EIR/APR: 28.9%
Sign-up bonus: None
Local earn rate: 1.5 miles per $1
Overseas earn rate: 3.0 miles per $1
Minimum Age: 21
Minimum income (Singaporean): $30,000/yr
Minimum income (Foreigner): $60,000/yr


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The following promotional video was released when the card was first launched, with 5 miles per dollar for overseas spend and 2 miles per dollar for local spend until the end of 2018. The miles rates have since reverted to the standard 3 miles per dollar overseas and 1.5 miles per dollar locally.

Annual fee

The BOC Elite Miles World Mastercard has an annual fee of $190.00, however the fee is waived in the first year so there’s no upfront cost for this card.


Sign-up bonus

There is no current sign-up bonus for this card.

Earning rates

The BOC Elite Miles World Mastercard earns:

  • 1.5 miles for every $1 spent locally
  • 3.0 miles for every $1 spent overseas*

* BOC changed the definition of overseas spend from 15th March 2019 to be “all transactions charged overseas, including card transactions made overseas but effected/charged in Singapore dollars, and online transactions effected in Singapore dollars or foreign currencies at merchants with payment gateway outside of Singapore”

You have to be careful shopping online with this card in foreign currency that the merchant payment gateway is also overseas, though this is sometimes difficult to ascertain.

There is no monthly or annual cap on the number of miles earned. These are very competitive rates normally only associated with credit cards commanding a much higher income requirement like the