Bank of China's Singapore branch recently launched a co-brand Mastercard credit card with Qoo10, Singapore's largest online retailer - the first partnership between a bank and a local e-retailer. The card, which caters to both working adults and students, aims to bring greater value to shoppers and drive e-commerce growth in the region.
Card holders can get rebates of up to 20 per cent on Qoo10, dining and transport (including Grab, taxis and public transport), among other things. The rebate comes in the form of Qmoney - Qoo10's currency, which can be used to offset future purchases.
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