facebookFor Instarem Amaze card, to qualify and get the additional 1% cashback, must we spend $500 for the quarter? - Seedly

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Anonymous

04 Oct 2021

Credit Cards

For Instarem Amaze card, to qualify and get the additional 1% cashback, must we spend $500 for the quarter?

Does it mean that if my spending ends up to be say $300 for the quarter, I do not get any cashback from Instarem Amaze? When is the cashback credited? After the quarter? Kind of confusing reading the terms and conditions, hope to get some clarification. Thanks in advance!

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Richy

24 Apr 2022

Marketing at Agency

Hey, did you know qualifying spend has changed?

As of April 2022, to qualify for cashback, you have to spend S$1,500 per quarter (up from S$500).

And, cashback is now S$50 (spend S$5,000 to earn) which is down from S$100.

And! the minimum eligible transaction is S$10 (up from $5).

And!! cashback is only 0.5% for SGD spend (down from 1%).

Substantial revisions indeed!

Nicholas Beh

Edited 04 Oct 2021

Student Ambassador 2020/21 at Seedly

You need to spend $500 per quarter in qualifying spend in order to get the 1% cashback.

It is credited on the 25th of the succeeding month after the end of every quarter. For example, for the quarter of April to June, the cashback will be credited on July 25.

The cashback is capped at $100 per quarter.

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