Amaze Now Accepted on AXS
Update 02/11/2021: no longer working
Instarem announced to the world on 29th October 2021 that their card, Amaze, was now accepted on AXS.
Instarem gives 1% cashback on Amaze transactions with the only exclusion being top-ups to e-wallets like Grab. This means that AXS spending should indeed generate 1% cashback. You can sign up for Amaze here.
Banks in singapore universally exclude AXS transactions from rewards, so Instarem’s bold proclamation therefore comes as a bit of a surprise to me.
A little aside on sharing hacks
I have a little confession to make: days before this announcement, I tried using Amaze for an AXS transaction and my curiosity was promptly rewarded with a transaction successful message when I had anticipated the opposite.
When it comes to credit card hacks, there’s always a dilemma: share the trick with people so that more people benefit? Or keep it hush in hopes that the loophole doesn’t get plugged?
Sharing is caring, but often tricky. The more people know something, the sooner the fun comes to an end. For instance, my post on Friz went up earlier this month, and AXS transactions were promptly excluded from its 3% cashback some 15 hours after my post was published despite it working for months before.
Anyway, now that Instarem has sent that push notification out, knowing this little secret is like knowing that Batman is Bruce Wayne.
What can you use Amaze on AXS for?
Amaze is accepted as a debit card on AXS (app and online), which means you can use it towards credit card bills, something that neither Friz nor GrabPay MasterCard can do. You can still use GrabPay MasterCard towards other bills on AXS, and this earns you 1.5%/1.7% cashback when you top up using UOB Absolute or Amex True Cash Back.
Amaze’s cashback is capped at $100 per calendar quarter. That’s $10,000 spend, and the current quarter is October to December 2021. Each quarter’s cashback is awarded on the 25th of the following month, which means you can expect the cashback to be credited on 25th January 2022, assuming Instarem doesn’t pull any sort of terms and condition stunt (*cough* like what Friz did).
Would Instarem really give 1% cashback on such spend? I don’t see why not, given that this is a hole they dug themselves. We’ll find out on in the new year. Again, experimentation is key to chasing credit card rewards.
And so is joining my Telegram chat group actually. I can’t plug my Telegram enough, but really, valuable things are shared but sometimes quickly disappear, so it literally pays to pay attention 😉
Keep up to date on the best cashback/mile cards, financial products, attractive deals, and more tips to maximise your financial wellbeing by subscribing to my Telegram channel.
Subscribe to the channel, then join the group chat. You would often benefit from the tips shared exclusively in the group chat!
Disclaimer: I may receive an affiliate/referral fee when you sign up for services/products on this site, and such fees keep the site running. I would only recommend services/products I would personally use or recommend to my own friends and family, but I do not provide any warranty or guarantee for the quality of these services/products. Thank you for supporting my site!
Please exercise due diligence when signing up for any service/product as I will not be liable for any personal loss, financial or otherwise. Content published here are my sole views and personal opnion, and none of the information here constitutes personal financial advice nor represents the views of my employer(s).
2 thoughts on “Amaze Now Accepted on AXS”
I didnt know Batman was Bruce Wayne!
Wait till you find out who Tony Stark is… by the way are you the sgdividends who used to be in my Telegram chat?