You can either opt to change to the new card(picture above) or use your old existing BOC Family Card. The terms will be the same just that the new card will have an inbuild ATU Nets Flashpay function. The new card is not free though, you will need to pay $20 for it.
You will get the usual 0.5% cash rebate if you spend less than $500 for each billing cycle(for all retail purchase). The good part is that you will get 7% cash rebate(not including the 0.5% base thanks to a notification from one of my readers) on dinning for all Singapore and overseas transactions made at all restaurants, cafes and fast food restaurants excluding all food and beverage spend within hotels and wedding banquet held in hotels. The rebate per billing cycle is capped $100. You can spend between $500- $1333 on dinning to get the 7% rebate.
Besides that, you will also get 5% rebate for all supermarket and hospital bill spending. Do note though that for hospital bill, you will need to pay over the counter and not online. I don't really need another supermarket rebate card as I am currently getting a much better rebate percentage(will do another post on this).
Another good addition is the 5% cash rebate on Nets FlashPay ATU. The rebate is awarded for up to four top ups per card account per billing cycle. Do note however there is a total ATU fee of 50 cts for each ATU transaction. A $50 top up will incur a 1% fee which means effectively, you will be getting a 4% net rebate from ATU.
There is also a 1% Telecommunication rebate which is not as good as just paying online and getting the 7% straight from SCB Singpost card.
All in all, I think this new revised BOC Family Card has just killed OCBC 365, CIMB Signature and other existing dining rebate card, mainly because of the 7% rebate and their non stringent terms and condition. Do note you can spend $100 on dinning, $100 on hospital bill, $300 on supermarket and get 7% for your dinning and 5% for both your hospital and supermarket bills.
I will be using this card for dinning from 17th of April onward.