There are so many types of credit cards available that it can be overwhelming. Broadly, there are two main types of rewards – miles, and cashback. Then, they can be further categorised into conditional and unconditional cards.
The Amex CapitaCard actually falls into a third category. Instead of miles or cashback, it gives CapitaStar STAR$ – points for CapitaLand’s rewards programme. As far as conditions go, CapitaCard is pretty simple to get, but I would say it really shines as a situational card, because I recently got such a greal deal out of this, but more on that later.
Earns CapitaStar STAR$
|Earn Rate||– 5 STAR$ per $1 outside participating CapitaLand Malls (0.5% to 0.71% rebate*)|
– 15 STAR$ per $1 in participating CapitaLand Malls (1.5% to 2.14% rebate*)
– 30 STAR$ per $1 in participating merchants (3% to 4.29% rebate*)
– 65 STAR$ per $1 in participating merchants (6.5% to 9.28% rebate*)
|Conditions||– Spend at participating merchants at CapitaLand Malls|
|Limits||– 3X/6X capped on $1,200 spending per month|
How much is 1STAR$ worth?
There are two ways to make use of your STAR$.
- You can simply spend your STAR$ at participating CapitaLand merchants
- You can redeem it for various merchant vouchers, including eCapitaVouchers
When you do (1), your STAR$ are worth 0.1 cents each.
When you do (2), your STAR$ vary in value depending on what you redeem it for.
Complete your SP GreenUP!
If you haven’t already completed SP GreenUP, it’s a bit of a hassle to achieve, but it supercharges this card and any STAR$ you will earn under the CapitaStar programme or through things like converting your Grab points. Read my guide here to complete GreenUP.
|Using Star$ Directly||Redeeming for eCapitaVoucher|
|Value of each STAR$||0.1 cents|
|Conditions||No minimum||Need to redeem in blocks of |
Completing GreenUP supercharges your STAR$ to as much as 0.143 cents each, allowing you to convert 3,500 STAR$ into $5 eCapitaVoucher, instead of the usual 5,000 STAR$.
It is also worth noting that there may be other redemptions on GreenUP’s catalogue that may catch your fancy. I recently redeemed $5 voucher for an eatery I like for 3,150 STAR$, which further increases the value of my STAR$.
Get a $5 e-voucher to spend at JEM, PLQ, 313 Somerset, and Parkway Parade when you download the Lendlease Plus app and use referral code odXoC9. It takes all of two minutes and keeps this site going. Thanks!
Different earn rates
The way I see it, there are currently 4 different earn rates for this card.
Tier 1: Spending outside CapitaLand Malls (1X STAR$ = 5 STAR$)
Just don’t bother with using this card outside of CapitaLand Malls. 5 STAR$ per $1 spent translates into 0.5% to 0.71% rebate at best. Even some debit cards have higher earn rates.
Tier 2: Spending in participating merchants and buying eCapitaMall vouchers (3X STAR$ = 15STAR$)
Although it is confusingly named 3X STAR$, you get 15 STAR$ per $1 spent at participating CapitaLand Malls (see list here).
This is equivalent to a 1.5% to 2.14% rebate (in form of eCapitaVouchers). Not the worst, but it’s not the best value you’d get from this card.
Tier 3: Spending at least $20 at participating merchants until 30th June 2021 (6X STAR$ = 30STAR$)
Until the end of June 2021, you get 30STAR$ per $1 spent at participating merchants in CapitaLand Malls, provided you spend at least $20 and up. This is pretty decent rate of 3% to 4.29% card, and it’s pretty fuss-free since there’s no monthly minimum spend aside from making sure that each receipt is at least $20.
This was previously until the end of 2020, so it seems possible for it to be extended.
Tier 4: Spending at selected merchants until 30th June 2021 (additional 10X STAR$ = 65 STAR$)
This is where the earn rate goes to an impressive 6.5% to 9.28% rebate. Unfortunately, the list of selected merchants is really short, and many curiously located in Bugis+/Bugis Junction) and doesn’t seem to include many common merchants. Nonetheless, this earn rate is quite hard to beat, particularly if you have stuff to buy from Eu Yan San 🤷🏻♂️
Scan your CapitaLand Mall receipts
These are all on top of the STAR$ you’ll earn when you scan your receipts with the CapitaStar app, which gives 5 STAR$ per $1 spent (1STAR$ for supermarkets and food courts).
New Amex customers
Apply here and receive 120,000 bonus STAR$ upon spending S$2,400 on eligible goods and services within 2 months of card approval
Existing Amex customers
Apply here and receive up to 20,000 bonus STAR$ upon spending $2,000 at participating CapitaLand merchants (fees shall be charged if the card is cancelled within 6 months of card approval)
New cardholders further receive a pair of Sennheiser CX350BT Wireless In-Ear Headphones (worth S$149) when you spend S$3,000 in your first 3 months.
Prefill up to 50% of the application form with MyInfo and get S$20 Dairy Farm Group vouchers upon first spend.
I recently applied for this card out of curiosity (and this review), and I must say it has presented one of the best promos I’ve seen in a while: getting 10,000 STAR$ for every $100 eCapitaVoucher purchased (it’s now over). This was on top of the 1,500 STAR$ normally awarded, making a total of 11,500 STAR$ which I can convert to more than $16 of eCapitaVouchers.
On top of that, CapitaStar app was incidentally also giving $10 bonus eCapitaVoucher per $100 purchased (also sold out). That makes a total of $26 extra per $100 purchased, and I couldn’t be happier.
It’s not the most versatile of cards and probably won’t be the most used, but it’s definitely a great card to hold, even if it’s for the occasional promo. It’s a highly situational card, but one that you want to have when the situation calls for it.
- No minimum spend
- Gives high, unbeatable earn rates on selected merchants
- CapitaLand Malls are numerous
- Great occasional promos
- A very situational card
- This is at best a 7★ card, but I just got a 10★ deal from buying eCapitaVouchers. How do I assign a star rating?!
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