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.