Apply today and 3% Cashback for the first 6 months
American Express True Credit Card

  • 1.5% Cashback on all purchases throughout the year.
  • Exclusive dining privileges all around the world, all year round with American Express Selects.
  • Fee waived for the first year.

Apply now and enjoy a Welcome offer of 3% Cashback for the first 6 months, up to S$5,000 spend

3% Cashback for the first 6 months
Annual Fee
Fee Waiver
  • Credit Card Review
  • Detailed Description
  • Eligibility

Credit Card Review

Instead of the reward points system, practical credit card users are increasingly opting for cashback credit cards. Cash rebates provide a straightforward reward for your spending compared to rewards points because they don’t expire and you don’t have to redeem them for a limited selection of vouchers.

So why the AMEX True Cashback instead of others? In our research, we found many cashback cards in the market that requires a minimum spend or transactions in order to qualify for any rebates. This means that you need to constantly remind yourself and keep track of your transactions so that you do not miss out on the qualifying terms. While some of these cards may offer a higher rebate, it might be too much of a hassle and mental stress on a monthly basis. Another key advantage is that the Cashback is not limited to any categories of goods or services.

There are some cards in the market which offer different rebate rates for various categories of goods. While it may work well for certain group of users, if you are an all-round spender with no special needs for rebates on petrol or grocery, the AMEX True Cashback card simplifies things by giving you 1.5% cashback anytime, anywhere.

So no minimum spending, no strings attached – except in the case where you are late in paying off your bills. But that condition is pretty fair we think because the interest rates you are going to pay on late payment will probably eat into your cashback savings.
One of the most attractive offers now is the 3% cashback for new application on the first 6 months. This amount is capped at $5,000 worth of spending, but its still a sizeable $150 money back.
Good news for those who use travel services by Zuji as well – there is a running promotion till end September where cardholders are eligible for a 12% discount on hotel booking and 2% rebate for flight booking.

To maximize that cashback, the amount spent on your supplementary card can go towards earning you rebates as well. This works great if you ask us, especially since on top of your annual card fee waiver for the first year, fees for your first two supplementary cards will be permanently waived as well.

Detailed Description

The American Express True Credit Card offers you opportunities to earn a variety of rewards with Membership Rewards® points that you can redeem for flights, holidays, hotel stays, and gift vouchers.
The rewards don’t stop there. Our Credit Cards offer you a range of movie, dining and golf privilges as well as shopping protections like Refund Protection, Purchase Protection, Online Fraud Protection, as well as inclusive insurance benefits, and 24/7 customer support.

3% Cashback Welcome Bonus:

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.

Effective Interest Rates

If payment of the closing balance in your statement is not made in full, applicable interest rates will be levied on the outstanding amount:

  • At the prevailing effective interest rate of 24.99% 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.

Please refer to Card Member Agreement for the basis of interest computation.
You are in default if minimum payment is not received by us on the payment due date stated on your monthly statement.

Late Payment Fees

S$50 if the Minimum Payment specified in the Statement is not received by us by the Payment Date.

Minimum Monthly Repayment

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.
Note: Information is correct as at date of publish and American Express reserves the right to change the benefits without notice. The provision of services, activities or benefits stated is the responsibility of the respective service establishment. American Express acts solely as a payment provider and is not responsible or liable in the event that such services, activities or benefits are not provided or fulfilled by the service establishment. Card Members acknowledge that any disputes in relation to the above are to be directed solely to the service establishment providing such services, activities or benefits. To enjoy the privileges or benefits, Card Members must present their American Express Rewards Card and all charges must be made to the Credit Card. Participation of merchants is subject to change without prior notice to Card Member.


To apply for the American Express True Cashback card, it’s important that:

  • You’re over 21 years of age. Supplementary Card applicant should be over 18 years of age.
  • For Singapore Citizens and Residents, you have earnings which provide an income of over S$30,000 p.a.
  • For Expatriates, you have earnings which provide a minimum income of over S$60,000 p.a.

Enjoy Compare is an independent information provider. It is not a bank or financial services provider, and cannot give direct financial advice.
The content of the comparison website provided by Enjoy Compare is provided “as is” for general information purposes only. It does not constitute advice nor does any part of the content constitute an open offer capable of forming the basis of a contract. It is up to the user to ensure information is accurate at the point of submitting an application on the suppliers website.

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