AMEX True Cashback Card Reviews and Comparison - Seedly
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AMEX True Cashback Card

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  • Reviews (45)
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Credit Cards/AMEX True Cashback Card
Credit Cards/AMEX True Cashback Card
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USER RATINGS

Speed of Approval

4.9

Ease of Fee Waiver

3.8

Customer Service

4.6

American Express True Cashback Card

1.5% on all spend

CASHBACK

Unlimited

CASHBACK CAP

$0

MINIMUM SPEND

American Express True Cashback Card

1.5% on all spend

CASHBACK

Unlimited

CASHBACK CAP

$0

MINIMUM SPEND

Details

American Express True Cashback Card Review 2020

  • Enjoy 1.5% Cashback on all eligible purchases with No cap and No minimum spend.
  • New sign-ups can enjoy double the cashback at 3%, for their first 6 months. Limited to S$5,000.
  • Earn an additional 1% cashback on Foreign Currency Purchases
  • Receive the cashback immediately in the same month's statement
  • Get American Express membership benefits like dining privileges and retail or entertainment perks via American Express Selects.
  • Free travel insurance benefits of up to S$350,000 when you purchase your air ticket with American Express True Cashback Card
  • Ideal for big spenders that will usually hit the ceiling on most cash back credit card limits.
  • Straight-forward, and simple cashback card that does not require you to track any categories or remaining available cashback
Read More about AMEX True Cashback Card
Reviews (45)

3.9

45 Reviews

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  • Updated on 16 Oct 2020

    Purchased

    American Express True Cashback Card

    Application was via MyInfo, and was done in just two minutes. Customer service - as usual, AMEX's customer service beats all the other card providers hands down. No other provider even comes close. The card's T&Cs are also quite straightforward. Not too many things to watch out for before using the card.

    0

    Post
  • Updated on 06 Oct 2020

    Purchased

    American Express True Cashback Card

    Simple and easy to use card, 1.5% on all eligible spending. And they are constantly trying to partner with new merchants to expand their card acceptance. They also have special offers to let you earn extra cashback! Not to mention, their customer service is best in class! Never once disappointed with their service.

    0

    Post
  • Updated on 27 Sep 2020

    Purchased

    American Express True Cashback Card

    [Useful For...] Large expenses ie. Grab pay top ups, education fees, insurance. 3% on first 5k. Customer service was super efficient as you would expect from AMEX.

    0

    Post
  • Updated on 01 Jul 2020

    Purchased

    American Express True Cashback Card

    [Useful For...] I had recently applied for Amex True Cashback card and I would highly recommend people to apply if they are intending to make big ticket purchases. First timers are able to get complimentary vouchers if you fulfil the initial spend within a stipulated time. It is really a TRUE cashback card. [Customer Service] Oh, did i mentioned? Their customer service via app livechat was superb and efficient!! Thumbs up. Please help to click "Helpful" if you find my review helpful ūüėÄ

    0

    Post
  • Updated on 24 Jun 2020

    Purchased

    American Express True Cashback Card

    [Cashback Card] 1.5% cashback with no exclusions of payment categories. also good to take advantage of the unlimited cashback (3% cashback for first 6 months). [Customer Service] AMEX has the best customer service. there would always be someone to receive your enquiry without a long wait even during odd hours. [Fee Waivers] very pleased to have fees waived on this card

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AMEX True Cashback Card

Find out how a Cashback credit card works, and the difference between Cashbacks and cash rebates.

Key Features and Benefits of AMEX True Cashback Card

With the AMEX True Cashback, easily enjoy 1.5% cashback on all eligible purchases with no cap, and no minimum spend. For overseas transactions, earn an additional 1% cashback on Foreign Currency Purchases. You can receive the cashback immediately in the same month's billing statement. New sign-ups can enjoy double the cashback at 3%, for their first 6 months, with a limit of up to S$5,000. Travelers can also get free travel insurance benefits of up to S$350,000 when you purchase your air ticket with American Express True Cashback Card

These are some highlights of the AMEX True Cashback Card and the Cashback benefits it has to offer:

AMEX True Cashback Card Benefits

What You'll Get

Cashback

1.5% Cashbacks on all your eligible purchases

Foreign Currency

Additional 1% Cashback on Foreign Currency purchases

Spending Limit

No minimum spend and no complicated requirements

Cashback Cap

No Cap on Cashback and immediately get your Cashback on the same month's statement

Entertainment

Offers by AMEX on retail, travel, dining and entertainment partners

American Express Selects

Exclusive dining privileges all around the world

Insurance

Travel inconvenience or travel insurance coverage provided. Up to $350,000 worth of claim

World-Class Service

24-hour Customer Care Professional

Global Assistance

For International use: +65 6295 0500

Fraud Protection

Remove any unrecognised purchase

Supplementary Card

Receive S$20 CapitaVoucher each, for the first two approved Supplementary Cards

AMEX True Cashback Card Benefit

Eligibility for AMEX True Cashback Card

To be eligible for the AMEX True Cashback Card, you'll have to meet the following criteria:

  • 21 years old and above
  • Supplementary card application should be 18 years old and above
  • For Singaporeans and PRs:¬†Minimum annual income of S$30,000
  • For Foreigners:¬†Minimum annual income of S$60,000

Fees and Charges for AMEX True Cashback Card

  • Annual Principle Fee:¬†$171.20, waived for the first year
  • 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

AMEX True Cashback Card Promotions

  • Welcome bonus of 3% Cashback if you spend S$1,000 in your first 6 months (capped at S$5,000)
  • Welcome offer of up to S$60 CapitaLand Vouchers if Cardmembers spend S$1,000 within the first 30 days (promotion valid till 30 April 2020)

The Best Cash Back Cards Review 2020: How does AMEX True Cashback Card Compare

Pros:

  • No minimum spend and No maximum cap on the cash back you can earn
  • As with most American Express Card, there are membership benefits on multiple lifestyle genres through Amex Dining Privileges and Amex Selects.
  • A straight-forward, and simple cashback card without the fuss of tracking how much cash back you have left in god knows which category, or how much more you require to maximise your rewards.
  • Ideal for big spenders who will usually hit the ceiling on most cash back credit card limits
  • Enjoy world-class and renowned American Express service especially when you're in need of help overseas

Cons:

  • 1.5% cash back on all areas of spend might not be suitable for thriftier spenders
  • Also not an ideal card for those with more specialised areas of transactions like Online Shopping, Dining, etc.

Still unsure? Find out everything you need about credit cards - including what the best credit cards in Singapore are for miles and Cashback, factors to consider before getting one, fees to know, and why a good credit score matters.

You can also pose questions (anonymously, if you'd prefer) on Seedly Community .

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.
  • There is no cap on cashback
  • Cashback applies regardless if you make local purchases or overseas expenditures

How to Apply for AMEX True Cashback Card

About American Express

Since 1850, American Express (AMEX) has remained committed to providing its customers with the best products and services. Some popular credit cards include AMEX CapitaCard, AMEX Platinum Credit Card, AMEX True Cashback Card, AMEX Personal Card and AMEX Singapore Airlines KrisFlyer Credit Card.