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Dear Valued Customer,
Please be informed that, effective 1 October 2024, the following Merchant Category Codes (MCCs) and transactions will be excluded from qualifying for cashback:
Newly Excluded MCCs
| MCC |
Description |
| 4900 |
Utilities - Electric, Gas, Heating Oil, Sanitary and Water |
| 7523 |
Automobile Parking Lots and Garages |
| 8398 |
Organizations, Charitable and Social Service |
| 9498 |
Credit Card Bill Payment |
Please Note: The Merchant Category Code (MCC) is a four-digit number assigned to a merchant/business by the merchant acquiring bank. The MCC is not determined by ICBC Bank.
Additionally, any top-ups or payment of funds to GrabPay will also be excluded from earning cashback.
These exclusions will apply to all ICBC Credit Cards. Please click on the respective card below to view the revised Terms and Conditions:
1. ICBC Horoscope Credit Card
2. ICBC Chinese Zodiac Credit Card
3. ICBC Global Travel Mastercard® Credit Card
4. CEA Credit Card
5. ICBC UnionPay Dual Currency Credit Card
6. ICBC VISA Dual Currency Credit Card
7. ICBC Student Talent Credit Card
Thank you for banking with us.
Yours Sincerely,
Industrial and Commercial Bank of China Limited, Singapore Branch
26 August 2024
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