New BOC Visa Infinite - No Foreign Currency Fees!

Thanks to the kind folks over at HWZ's forum (specifically phayze), I found out about the launch of a brand new Visa Infinite card by the Bank of China in Singapore. Information is still not available readily on their website so I wanted to share as much as I know here. One of the major advantages of this new credit card is the 1.5% transaction fee waiver (usually associated with all foreign currency purchases on the Visa Infinite). 

The card in itself is pretty weak as much as I know. It offers a flat 1% cashback on all spending with no limit and no minimum spend (much like the CIMB Visa Infinite Card). Please see below for a quick summary of the BOC Visa Infinite Card features:

• 1% (Unlimited) Cash Rebates
• Waiver of 1.5% Currency Exchange Fees
• Plaza Premium Lounge Access (Twice Yearly)
• Visa Infinite Dining Benefits
• 24-hour Lifestyle Concierge 
• Complimentary Travel Insurance 
• Complimentary Purchase Protection