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Revision of Features for BOC SmartSaver


2016-10-31

Dear Valued Customer,

We would like to inform you that with effect from 1 December 2016, the features of BOC SmartSaver will be revised. Revisions include the introduction of a new bonus interest category – Extra Savings Bonus – as well as changes to bonus interest rates and criteria. Details are as follows:

Card Spend Bonus*

Existing Revised
Criteria Interest Rate
(p.a.)
Criteria Interest Rate
(p.a.)
Spend at least S$500 posted within the month 1.55% Spend at least S$1,500 posted within the month1 1.60%
Spend at least S$500 posted within the month1 0.80%

1AXS Payment transactions are not eligible for Card Spend Bonus.

Salary Crediting Bonus*

Existing Revised
Criteria Interest Rate
(p.a.)
Criteria Interest Rate
(p.a.)
Credit salary of minimum S$2,000 1.00% Credit salary of S$6,000 and above 1.20%
Credit salary of minimum S$2,000 0.80%

Payment Bonus*

Existing Revised
Criteria Interest Rate
(p.a.)
Criteria Interest Rate
(p.a.)
Perform 3 bill payments or 1 BOC Mortgage Repayment from your BOC MCS Account via GIRO or BOC Personal Online Banking using bill payment function 0.60% Perform 3 bill payments of minimum S$30 per bill via GIRO, BOC Online Banking or BOC Mobile Banking bill payment function 0.35%

*Card Spend Bonus Interest, Salary Crediting Bonus Interest and Payment Bonus Interest are only applicable to the first S$60,000 of your MCS Account balance.

Extra Savings Bonus

New
Criteria Interest Rate (p.a.)
Enjoy extra savings bonus interest on the portion of your account balance above S$60,000 up to S$1,000,000 when you meet at least one of the first three bonus interest requirements (Card Spend, SalaryCrediting or Payment). 0.60%

Terms and conditions apply. Should you have any enquiries, please call our 24-hour customer service hotline at 1800-66-95566.

Thank you for your continuous support.

Bank of China Limited Singapore Branch
31 October 2016

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