Best Dining Credit Cards in Singapore (Miles vs Cashback)

1. Turn offline transactions online (great for credit cards that have better earn rates for online spending)
2. Lower foreign currency fee (~2% instead of 3.25% on more credit cards)

❗️ Warning: This card charges a 1% fee (min. 50 cents) on card-linked SGD transactions. Because of the min. fee, cardholders will pay a higher percentage in fee for transactions under $50. So, when using this card for SGD spending of $50 and above, with an earn rate of 4 mpd, is like buying miles for 0.25 cents each (view calculations).

There are currently 6 good cards to pair with Amaze:

1. Citi Rewards: Turn offline transactions online to earn 4 mpd on in-person spending like dining, groceries, general shopping and fuel. Plus, save ~1% on foreign currency fees.
2. Maybank XL Rewards: Save ~1% on foreign currency fees on SGD bonus categories (e.g. flights, hotels, dining, shopping (in-person & online), food deliveries, entertainment etc.) while earning 4 mpd.
3. OCBC Rewards: Save ~1% on foreign currency fees on online/offline shopping (e.g. clothing/shoes, toys, duty free, luggage etc.) while earning 4 mpd.
4. Maybank XL Cashback: Save ~1% on foreign currency fees on SGD bonus categories (e.g. flights, hotels, dining, shopping (in-person & online), food deliveries, entertainment etc.) while earning 5% cashback.
5. Maybank Family & Friends: Turn offline transactions online to get 8% cashback on in-person shopping at merchant categories like departmental stores, clothings, shoes, duty free and luggages. Plus, save ~1% on foreign currency fees.
6. Citi Cash Back: Save ~1% on foreign currency fees while receiving 6-8% cashback on petrol, groceries and dining.

Key points to note about the Amaze card:

• Link up to 5 Mastercards in the Instarem mobile app
• Choose 1 of those cards before your next Amaze transaction
• All Amaze transactions will be charged in SGD, directly to the linked card
• All Amaze transactions will be seen as online transactions by the linked card
• All Amaze transactions will retain the actual Merchant Category Code (MCC) and will be seen by the linked card
• UOB, DBS/POSB and DCS cards do not award miles/points for Amaze transactions
• Avoid Dynamic Currency Conversion (DCC) fees (if any)
• Amazes foreign currency spread currently stands at around 2%, resulting in an FX loss (fee + spread) that is about 1% lower than Singapore credit cards
• When Amaze is linked to a card, all SGD spending will incur a 1% fee (min. 50 cents). Because of the min. fee, it is recommended to use this card only for SGD transactions above $50. Refunds and pre-authorisations are also liable for this fee.

🔗 Great cards that can be linked to Amaze
Citi Rewards (4 mpd)
Maybank XL Rewards (4 mpd)
OCBC Rewards (4 mpd)
Maybank XL Cashback (5% cashback)
Maybank Family & Friends (8% cashback)
Citi Cash Back (6/8% cashback)

💸 Annual fee
No annual fee, ever

💼 Income requirement
No income requirement

🤑 Foreign currency fee
No foreign currency fee. However, Amaze’s foreign exchange spread currently stands at around 2% more than the Mastercard rate. This is about 1% lower than the ~3.25% fee that most credit cards charge.

⏰ Points expiry
1 year from transaction

💯 Conversion ratio
2,000 InstaPoints = $20

📜 Terms & conditions