Buffed: Bank of China Family Card Adds New Benefits From 10th May 2026
Update: it appears that the official inclusion of insurance under 1% cashback is a nerf
From 10th May 2026, Bank of China is revising BOC Family Card. While some features are removed, there are new benefits added which should represent an overall improvement to the card.
Summary
| Current Benefits | New Benefits | Changes |
|---|---|---|
| Dining and Movies 10% cash rebate | Dining and Food Delivery 10% cash rebate | 🟢 Food delivery added 🔴 Movies removed |
| Family Club Merchants 5% cash rebate | None | 🔴 Various merchants (e.g. Best Denki, Eu Yan Sang, POPULAR etc.) removed |
| Public Transport 3% cash rebate | Shopping and Lifestyle 3% on Transport (bus/MRT and ride-hailing) 3% on Supermarkets 3% on Online Transactions | 🟢 Ride-hailing added ⚪️ Transport joined with Supermarket and Online Transactions in one category |
| Supermarket, Online purchases, and Hospital 3% cash rebate | Health and Wellness 3% on Hospital 3% on Veterinary and Pet 1% on Insurance | 🟢 Veterinary and Pet added 🟢 Insurance added |
| No travel category | Travel and Entertainment 8% on In-store MYR/IDR spend 8% on Online Travel Agencies 8% on Entertainment | 🟢 Travel category added |
Categories
| Old | New | Cashback Cap |
|---|---|---|
| Dining and Movies | Dining and Food Delivery | S$25 per billing cycle |
| Family Club Merchants | Travel and Entertainment | S$25 per billing cycle |
| Public Transport | Shopping and Lifestyle | S$25 per billing cycle |
| Supermarket, Online purchases, and Hospital | Health and Wellness | S$25 per billing cycle |
New benefits
| New Benefit | Cashback |
|---|---|
| Food delivery | 10% |
| Ride-hailing | 3% |
| Veterinary and Pet | 3% |
| Insurance | 1% |
| Travel | 8% |
The new additions to the card seem pretty good, with more everyday expenses like food delivery and ride-hailing added to the mix.
A surprise addition is Insurance, with the card specifically supporting Merchant Category Codes (MCC) 6300, 6381, and 6399 which is excluded by nearly every card. At 1% cashback, it does pale in contrast to the earn rates of the few cards that do offer rewards on insurance premiums, but it might be one of the easier options to use. Another non-Amex card that works with insurance premiums is always welcomed.
Travel category should also come in quite useful for many cardholders, though a cashback cap of S$25 means that the spend cap is just S$312.50.
Update: insurance was never excluded under the current terms
Thanks to Angel y’s sharing after this post went live, we now know that BOC Family has never excluded insurance in its current set of terms and conditions. This means that it should get 3% cashback on insurance premiums (most likely under the Online Transactions category) until 10th May 2026.
It will then fall to 1% cashback from 10th May 2026 onwards after the card officially supports insurance, and will share the same category and cashback cap with Hospital and Veterinary and Pet expenses.
Benefits removed
| Current Benefit | Current Cashback |
|---|---|
| Movies | 10% |
| Family Club Merchants | 5% |
Going away would be movies and Family Club Merchants which will earn 10% and 5% cashback until 10th May 2026, after which they will fall under other spend which gets just 0.3% cashback.
Family Club Merchants currently include transactions made at Best Denki, Chien Chi Tow, Eu Yan Sang, Harvey Norman, Motherswork, POPULAR Bookstore, Q&M Dental, Unity Pharmacy, Watsons and Welcia-BHG.
3% on Hospital spend and 10% cashback on Dining maintained
BOC Family is one of a few cards that gives cashback on hospital expenses, so it’s good news that the 3% cashback rate has been maintained.
As a dining card, BOC Family also gives one of the highest cashback rates compared to other dining cards, and the 10% cashback rate will continue with the inclusion of food delivery apps.
See the new terms and conditions
You can refer to Bank of China’s announcement and the new terms and conditions here.
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With new benefits added to expand the card’s cashback rate on more categories including even insurance, BOC Family will soon be a more compelling card. Though a few areas of spend are being removed, I see this as an overall buff to the card’s value proposition.
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Thanks to quekky for highlighting
Seth Wee was a licensed financial adviser representative from 2009 to 2025, with over 16 years of experience in Singapore’s financial advisory industry.
He started Sethisfy.com in 2019 to share practical insights on credit cards, banking products, and miles strategies, helping readers identify financial products that deliver the best value. Seth has been featured in CNA, Channel 8, Today, and a host of other publications. In 2025, he was also part of a panel at CPF’s Ready For Life festival.
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