Best Fuel Spending Miles/Cashback Credit Cards in Singapore (April 2024)

By linking a credit card to Amaze, cardholders can save about 1.5% in foreign currency fees, after considering the InstaPoints that can be earned (see below).

Key points to note about the 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
• Get 0.5 InstaPoint per SGD (equivalent to 0.5% cashback) on foreign currency spending (min. S$10, max. S$1,000 per transaction)
• DBS/POSB cards do not award miles/points for Amaze transactions
• Avoid Dynamic Currency Conversion (DCC) fees (if any)
• From 1 Apr 2024, when Amaze is linked to a card, all SGD spending in excess of S$1,000 per month will incur a 1% fee.

Pro tip: Link the Citi Rewards card to this card and use it to earn 4 miles per dollar on general spending categories like dining, groceries and online/offline shopping (except flights/hotels). This pairing turns all your offline transactions “online” (to earn 4 mpd) and lowers your foreign currency charges!

🔗 Great cards that can be linked to Amaze
Citi PremierMiles (1.2 mpd)
HSBC TravelOne (1.2 mpd)
Citi Prestige (1.3 mpd)
Citi Rewards (4 mpd)
OCBC Titanium Rewards (4 mpd)
UOB Lady’s (6 mpd)

💸 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 spot rates. Cardholders can get 0.5% cashback in the form of InstaPoints when transacting in a foreign currency, for a total FX loss of about 1.5%. This makes the card better than most credit cards that charge over 3% in FX fees.

⏰ Points expiry
1 year from transaction

💯 Conversion ratio
2,000 InstaPoints = $20

❓ How/When points are credited
Get 0.5 InstaPoint per S$1 of foreign currency spending (min. S$10, max S$1,000 per transaction). InstaPoints are credited immediately upon spending.

📜 Terms & conditions