Bank of China partners Qoo10 to launch credit card for online shoppers

SINGAPORE (May 22): Bank of China has launched a co-brand Mastercard credit card with Singapore online retailer Qoo10 -- said to be the first-ever partnership between a bank and e-retailer locally.

The new card, which caters to both working adults and students, aims to bring greater value to online shoppers and drive e-commerce growth in the region, says BOC and Qoo10 in a joint press release.

Cardholders can enjoy up to 20% rebate when they spend on Qoo10, dining and transport, including Grab, taxis and public transport.

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