Extended: Get Upsized 3% Cashback and S$150 Cash With Amex True Cashback
Originally ending 30th June 2024, the welcome promo for Amex True Cashback has been extended. Amex True Cashback is a very useful card to have whether you are into cashback or miles, so you might as well get some rewards for signing up below.
New Amex Basic Cardholders can get S$150 cash upon meeting the minimum spend requirement. On top of that, in the first six months, cardholders can get an upsized 3% cashback earn rate instead of just 1.5%!
Promo Details
Sign up below, fill under the SingSaver Rewards Redemptions Form and spend S$500 within the first 30 days from card approval. Remember to fill up the form as you will not get sign-up rewards if it is not completed.
💳 A new American Express customer refers to cardholders who do not currently have a Basic Amex Card and have not cancelled any in the past 12 months.
If your Amex card was issued by a bank, you still qualify as a new cardholder. For example, if you have a UOB Amex Card or DBS Amex Card, you still count as a new customer to Amex as long as you do not have a Basic Amex Card.

American Express True Cashback
New Cardholders, choose 1:
- S$120 Shopee Vouchers
- 4 × Apple AirTags (retailing S$149)
Plus: upsized 3% cashback capped at first S$5,000 spend within 6 months from card approval
Spend at least S$500 within first 30 days of card approval. Make sure to fill up SingSaver Rewards Redemption Form.
Latest date to apply: 30th June 2025
1.5% cashback on transactions except Grab top-ups

Get 3% cashback for the first 6 months (capped at S$5,000 spend) on almost anything
With the sole exception of Grab wallet top-ups, Amex True Cashback gets its earn rate on anything that accepts Amex. This means that ShopeePay, utilities, road tax etc. are all fair game for its 1.5% cashback earn rate. As such, it’s a very useful card to have since it will give you some rewards on transactions that other cards won’t.
In the first 6 months, the earn rate is even doubled to 3%. This is capped on the first S$5,000 of spend which makes it great even for bigger transactions.
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Seth Wee was a licensed financial adviser representative from 2009 to 2025, with over 16 years of experience in Singapore’s financial advisory industry.
He started Sethisfy.com in 2019 to share practical insights on credit cards, banking products, and miles strategies, helping readers identify financial products that deliver the best value. Seth has been featured in CNA, Channel 8, Today, and a host of other publications. In 2025, he was also part of a panel at CPF’s Ready For Life festival.
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