1. Cash Rebate
(a) Up to 12% cash rebate on Sheng Siong Spend
(i) 6% cash rebate on Sheng Siong Spend
6% cash rebate will be awarded on the first dollar spend made at Sheng Siong
and charged to the Card with the assigned Merchant Category Code (MCC) 5411
⁃ Grocery Stores and Supermarkets ("Sheng Siong Spend") for each billing cycle.
The cash rebate is capped at S$45 per Card account for each billing cycle.
(i) Additional 6% cash rebate on Sheng Siong Spend
An additional 6% cash rebate will be awarded on the Sheng Siong Spend if a
Cardmember charges at least S$600 Out-Store Spend to his/her Card account in
the same billing cycle as the Sheng Siong Spend. (S$400 spend for BOC Sheng
Siong S$500 Card). The term "Out-Store Spend" means local and foreign retail
transactions made outside of Sheng Siong. The cash rebate for this additional 6%
cash rebate is capped at S$30 per Card account for each billing cycle.
