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Andy Sim
08 Mar 2020
HR Professional at a Financial Institution
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Pang Zhe Liang
07 Mar 2020
Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)
It is not exactly true. In fact, some of the AMEX cards are pretty popular!
For instance, you can look into their cashback or miles card.
The only downside associated with AMEX is not all merchants accept it (as compared to VISA or MasterCard).
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I do have some Amex cards previously and it served me well until my needs changed. It can be a good card and sometimes there's sign up promos too, just that the biggest issue is not all merchants accept amex, which I feel this is something they can work on.