AMEX True Cashback Card Reviews and Comparison - Seedly
AMEX True Cashback Card
3.6
25 reviews
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Reviews (25)
3.6
Reviews (25)
3.6
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  • Posted on 01 Jul 2019
    Pro: 1) 3% unlimited cashback for 1st 6 mths up to $5k spend 2) Very helpful and friendly customer service. 3) Periodic offers such as $1 cashback up to 10 times contactless payments, $10 off Telco Bills, etc Con: 1) not widely accepted by merchants 2) not accepted by Shopback Go (yet) 3) Can't top up YouTrip
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  • Updated on 13 Jun 2019
    Its really good for the first six months only. However, the only flip side is that AMEX is not really accepted widely by most merchants. Unless you're dining at hotels and restaurants. Beyond the first 6 months, you could consider changing card
    1 comment
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    Derek Koo
    Derek Koo

    28 May 2018

    Thanks Jeffrey for your review. This really made me intrigued and will look at the Amex Cashback card
  • Updated on 10 Jan 2019
    I use this card only for the 3% Cashback for the first $5,000 spend. Otherwise, the 1.5% unlimited Cashback does not differ from the SCB Unlimited Cashback card. Makes no sense for me to hold 2 AMEX cards
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  • Updated on 10 Jan 2019
    Amex recommended me to convert my Capitamall Amex to this, because i wasnt meeting their mysterious minimum spending to qualify for annual fee waiver. But all's good since 1st 5k spending in 6 months was entitled to 3% cashback instead of the usual 1.5%. Just nice for me since i was spending on wedding and house.
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  • Updated on 20 Oct 2018
    The welcome gift of AMEX true cashback is (3% of the first 5k spending, for the first 6 months). This is especially good for big purchases (wedding/photoshoot,BTO home appliances). To add on, apply via Singsaver to get $150 an additional bonus cashback. For each sub cards applied, you will get $20 capitaland voucher. You can apply a maximum of 2 subs card (means $40 capitaland voucher). No spending required. Anyone has any idea if AMEX counts you as a new customer again after closing the card for a certain period of time?
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  • Updated on 15 Aug 2018
    Amazing card, with Low joining fee and unlimited cash back with minimum purchase? Seriously, not to forget the “swag” level when you flash the AMEX card inftont of your peers ;) Lastly, with the addition of being able to be used on the smart phones, it makes it convenient when pumping petrol or just popping by a 7-11 for a simple drink. Cheers to Amex
    0 comments
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  • Updated on 06 Aug 2018
    Used to have the card, though I cancelled it since cashback is not what I am aiming for anymore. Pros: Fuss free. 1.5% cashback with no minimum spend, which is especially cool when you have low spending for that particular month. AMEX occasionally have good promo so quite a good deal to take advantage of Cons: Not widely accepted Hard to get waiver
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  • Updated on 10 Jul 2018
    1.5% cashback for all transactions. Most achievable flat cashback with no minimum spending. Very good rates without meeting any criteria
    0 comments
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Credit Card

SCB Unlimited Cashback Card

AMEX True Cashback Card

Dexter Tiah
Dexter Tiah

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Level 3. Wonderkid
Updated on 20 Jun 2019
I think the best generic ones are stanchart unlimited card and amex true cashback card at 1.5% rebate on all spend, with no minimum. I personally have the stanchart unlimited card and will be getting the amex true cashback the moment i have a s$5k expense (because you get 3% for the first s$5k spent in the first few months. To maximize your rewards, to some general googling because these 2 cards have quite a big of sign-on bonus (i.e. pick your poison, either singsaver, friends referral, etc). If you want to see which merchants give you additional cashback (above and beyond these 2 great general spending cashback cards), check out www.whatcard.sg before your specific purchase, or as general research to which card to get that suits your specific consumption habits

AMEX True Cashback Card

POSB Everyday Card

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Gabriel Tham
Gabriel Tham
Top Contributor

Top Contributor (Aug)

Level 8. Wizard
Answered on 22 Jun 2018
Depends on your spending categories. Amex true cashback is flat cashback for everything but POSB Everyday has higher rebates for petrol and groceries
About AMEX True Cashback Card
Card NameAMEX True Cashback Card
Cashback Rate1.50%
Monthly Cashback CapNone
Monthly Min SpendNone
HighlightsFuss-free Unlimited cashback

Fees and Charges for American Express (AMEX) True Cashback Card

  • Annual Principle Fee: $171.20
  • Annual Supplementary Card fee: First 2 Supplementary Cards fee permanently waived. S$85.60 (inclusive of GST) for each subsequent Supplementary Card.
  • Fee waiver: First year annual fee waiver
  • Interest Free Period: 22 days
  • Annual Interest Rate: At the prevailing effective interest rate of 25.90% p.a. subject to compounding; or 29.99% p.a. subject to compounding in the event that your account has three or more defaults~ and/or one default~ which remains unpaid for two or more consecutive months in the last 12 months.
  • Minimum monthly payment: The minimum payment amount due on a statement of account is 3% of the outstanding balance plus the total sum of any overdue minimum payment and late payment charges, and any amount exceeding your credit limit, or S$50. Whichever is greater.
  • Late payment charge: S$90 if the Minimum Payment specified in the Statement is not received by us by the Payment Date.
  • Cash advance fee: The fee for a cash advance is $5 or 3% of the transaction, whichever is greater

Eligibility for AMEX True Cashback Card

  • 21 years old and above
  • Income of S$30,000 and above per annum for Singaporeans and PR
    Income of S$60,000 and above per annum for foreigner

Key features of AMEX True Cashback Card

  • Receive 1.5% Cashback on any all spending.
  • Receive 3% cashback on up to $5,000 of purchases you make during the first 6 months.
  • Annual fee waived for the first year.
  • Exclusive Dining privileges all around the world, all year round with American Express Selects®

Terms and conditions of AMEX True Cashback Card

  • As a welcome bonus, you will earn Cashback at the rate of 3% on up to a total of S$5,000 of purchases of goods and services made on your account (which shall include both spending by you and your Supplementary Card Members) in the first 6 months of your American Express True Cashback Card Membership, subject to the other Cashback Terms and Conditions and any promotional offer we make. When the Cashback rate of 3% applies to a purchase of goods or services during the welcome bonus period, the Cashback rate of 1.5% will not be applied in addition to the Cashback rate of 3% to the same purchase. Purchases of goods and services in excess of S$5,000 during the welcome bonus period will earn Cashback at the standard rate of 1.5%, subject to the other Cashback Terms and Conditions and any other promotional offer we make.