facebookamaze by Instarem Reviews and Comparison - Seedly

amaze by Instarem

  • Key Features
  • Reviews (30)
  • Discussions (0)
  • More Details
amaze by Instarem Logo
3.5
30 reviews
claimed
Claimed

This product is managed by Instarem.

Summary

amaze by Instarem

The amaze card is a multi-currency card by the popular digital remittance service Instarem. On top of what the remittance service already offers, the amaze card also allows linking up to 5 cards conveniently. It allows users to earn InstaPoints on FX spends and redeem them as cashback or discounts on overseas money transfers. It has both a virtual and physical card.

Product Page Transparency

  • Claimed in September 2021
  • Pays to access additional features

Card Features & Details

1) Currency Exchange

  • No. of supported currencies: N.A 
  • Currency exchange rate: N.A

2) Fees & Charges

  • Card issuance fee: S$0
  • Currency conversion fee: 0%
  • Overseas transaction fees: Between 0.25% to 1.0% (varies from country to country; dependent on market and currencies)
  • Overseas withdrawal fee: N.A
  • Card top-up fee: N.A

3) Card Type

  • Card payment type: Mastercard
  • No. of currencies: Transact cashless in more than 150 currencies

4) Card Top-Up Methods

  • N.A 

5) Rewards & Other Features

  • Earn 1 InstaPoints for every S$ 1 equivalent spent in foreign currency on your amaze card, capped at 500 InstaPoints
  • Choose to convert your InstaPoints either into 1% cashback or redeem as discounts on your next overseas transfer
  • Link up to 5 different Mastercard bank cards 
  • amaze card is supported by Google Pay. Link your amaze card to Google Pay to enjoy cashless and convenient payments 
  • Money remittance: Available
...see more

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Summary

amaze by Instarem

The amaze card is a multi-currency card by the popular digital remittance service Instarem. On top of what the remittance service already offers, the amaze card also allows linking up to 5 cards conveniently. It allows users to earn InstaPoints on FX spends and redeem them as cashback or discounts on overseas money transfers. It has both a virtual and physical card.

Product Page Transparency

  • Claimed in September 2021
  • Pays to access additional features

Card Features & Details

1) Currency Exchange

  • No. of supported currencies: N.A 
  • Currency exchange rate: N.A

2) Fees & Charges

  • Card issuance fee: S$0
  • Currency conversion fee: 0%
  • Overseas transaction fees: Between 0.25% to 1.0% (varies from country to country; dependent on market and currencies)
  • Overseas withdrawal fee: N.A
  • Card top-up fee: N.A

3) Card Type

  • Card payment type: Mastercard
  • No. of currencies: Transact cashless in more than 150 currencies

4) Card Top-Up Methods

  • N.A 

5) Rewards & Other Features

  • Earn 1 InstaPoints for every S$ 1 equivalent spent in foreign currency on your amaze card, capped at 500 InstaPoints
  • Choose to convert your InstaPoints either into 1% cashback or redeem as discounts on your next overseas transfer
  • Link up to 5 different Mastercard bank cards 
  • amaze card is supported by Google Pay. Link your amaze card to Google Pay to enjoy cashless and convenient payments 
  • Money remittance: Available
...see more

amaze by Instarem

Mastercard
TYPE
Free
CURRENCY EXCHANGE FEES
N/A
MONTHLY FEES
N/A
OVERSEAS ATM WITHDRAWAL FEES
150+
SUPPORTED FIAT CURRENCIES

amaze by Instarem

Mastercard

TYPE

Free

CURRENCY EXCHANGE FEES

N/A

MONTHLY FEES

N/A

OVERSEAS ATM WITHDRAWAL FEES

150+

SUPPORTED FIAT CURRENCIES

Reviews (30)

3.5

30 Reviews

5
13
4
3
3
5
2
3
1
6

Service Rating

Application Process

4.2

User Experience

3.5

Customer Support

3.2

      Posted 22 Apr 2022

      Purchased

      amaze by Instarem

      Very good! I got my cashback and it is so easy to swap the cards using the app!! Customer support is helpful when I had an issue logging in!

      1

      What are your thoughts?

      Richy

      24 Apr 2022

      Marketing at Agency

      I love the cash back too! 🤑

      Posted 29 Jan 2022

      Purchased

      amaze by Instarem

      [Customer Support] I am one of the initial applicants when the product was still in the works. Took around 1.5 years since application to receiving the card. There was a lack of proactive updates from the company during that time regarding the progress to rolling out the product - I had to initiate contact myself which was a bit frustrating. Fortunately customer service was quite responsive, however replies were pretty vague that time with template answers. [Features] Best for use for foreign currency payments above $5,000 which is my pain point for other prepaid foreign currency cards e.g. Revolut, YouTrip, Transferwise due to Singapore MAS regulations. Paypal has exorbitant currency exchange rates. Downside so far is only accepts MasterCards for pairing (Visa and AMEX not accepted) which is quite restricting since most of my cards are Visa. 1% cashback for most purchases on top of credit card base benefits [UI] Quite easy to use, dark mode. allows fingerprint authentication and login

      1

      What are your thoughts?

      Richy

      24 Apr 2022

      Marketing at Agency

      Wow. Nice to meet an early-adopter! 😃

      I agree re: customer support being vague and templatey. It's still the same today!

      A bit off-putting isn't it?

      Posted 29 Jan 2022

      Purchased

      amaze by Instarem

      As the name implies, this card is Amazing! You can get a digital version on your phone instantly and start using it right away. You can use it Singapore and Overseas. Since it's linked to your credit card, you never need to top it up like other travel cards. A couple of things to note though is that 1% cashback is credited quarterly and capped at $100 per quarter

      0

      What are your thoughts?

      Posted 28 Jan 2022

      Purchased

      amaze by Instarem

      Super easy to use. Great benefits like the 1% cashback, and you can send money easily to other countries. Recommended!

      0

      What are your thoughts?

      Posted 28 Jan 2022

      Purchased

      amaze by Instarem

      Good to earn extra cashback on top of bank offers. Paired with wmmc to get 4mpd and extra 1% cashback

      1

      What are your thoughts?

      Richy

      24 Apr 2022

      Marketing at Agency

      Yes! I too love the 4 MPD. It's like my favourite Amaze feature. 😊

      Posted 28 Jan 2022

      Purchased

      amaze by Instarem

      [Features] Excellent product feature, provides something no other players in the market could provide. Converts offline spend to online. Great for overseas use.

      1

      What are your thoughts?

      Richy

      24 Apr 2022

      Marketing at Agency

      Great point about converting offline to spend to online. I found it appealing too. Such a brilliant feature because it allows 4MPD with the Citi Rewards Mastercard on all spend.

      Posted 28 Jan 2022

      Purchased

      amaze by Instarem

      This is a great product for someone looking to maximise their redemption miles while not incurring unfair foreign exchange rates. My experience on amaze has been very positive and everything was very simple to set up. I like the fact that the digital card arrives instantly while the physical card is being shipped.

      1

      What are your thoughts?

      Richy

      24 Apr 2022

      Marketing at Agency

      Great point about the foreign exchange fees. Citi charges 3.25%, but with Citi via Amaze, it's 0%—awesome!

      Posted 28 Jan 2022

      Purchased

      amaze by Instarem

      great FX rates and very convenient for overseas usage and keeping track of spending. good product, but limited to Mastercard.

      0

      What are your thoughts?

      Posted 28 Dec 2021

      Purchased

      amaze by Instarem

      [Features] Easy to use, stacking with 1.6% rebate with my Citi Cash back+ Card, so total of 2.6% cashback :p Do note the reduced 1% cashbacks on updated T&C for Y2022 onwards. [Referrals] Not useful as given in points. [UI] Clear and easy to use. [Customer Support] Quick replies on why cannot use with my Apple Pay. Would look forward to it!

      2

      What are your thoughts?

      Richy

      24 Apr 2022

      Marketing at Agency

      Good point about the Apple Pay—I'm looking forward to using it too!

      View 1 other comments

      Posted 13 Dec 2021

      Purchased

      amaze by Instarem

      Easy to use, stacking with 3% rebates on my DBS SAFRA Card, so total of 4% cashback with just 1 simple low credit limit Credit Card (min. $500 is still required though) Con: No support for Samsung Pay, which might be or not be a bummer (can double dip for Samsung Pay Rewards points if this works out)

      0

      What are your thoughts?

    Discussions (0)

      No Posts Found.

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      Benefits and Features of amaze by Instarem

      • No top-ups required
      • 1% cashback for transactions processed in any foreign currency (i.e. non-SGD) and 0.5% cashback for SGD transactions made on your amaze card on top of other card rewards
      • Link up to five Mastercard credit or debit cards
      • Competitive FX rates
      • No annual fee or admin fee involved in using the amaze card
      • Physical and virtual cards are available
      • For a more in-depth review, read our full blog review on the amaze by Instarem Card

      How to apply for amaze Card

      You can apply for an amaze card via the Instarem app. You'll need to have a registered and approved Instarem account to get the amaze card.

      How to activate the physical amaze Card?

      Once you have received your physical card via mail, you can activate it through the amaze app.

      1. Access the amaze page either via the card symbol on the bottom right or via the dashboard.
      2. Tap on Activate Card.
      3. Set your Card Pin.
      4. Note that you can begin online transactions even before your physical card arrives.

      Contact Instarem

      • Contact number: +65 6950 1132
      • Address: NIUM, #20-05, Hong Leong Building, ​16, Raffles Quay​, Singapore 048581​

      Contact us at [email protected] should you require any assistance or spot any inaccuracies.