{"id":93123,"date":"2026-09-18T17:50:27","date_gmt":"2026-09-18T09:50:27","guid":{"rendered":"https:\/\/www.you.co\/sg\/?p=93123"},"modified":"2026-09-18T17:50:27","modified_gmt":"2026-09-18T09:50:27","slug":"amex-true-cashback-card-review","status":"publish","type":"post","link":"https:\/\/www.you.co\/sg\/blog\/amex-true-cashback-card-review\/","title":{"rendered":"AMEX True Cashback Card Review (2026): Fees & Exclusions"},"content":{"rendered":"\n

A 1.5% flat rate with almost no exclusions, but is that still the best cashback deal in Singapore?<\/strong><\/h2>\n\n\n\n
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Mostly yes, with one honest catch. Cashback cards love to bury the catch in category caps and minimum spend. AMEX True Cashback skips most of that, but it isn’t the highest rate on the market.<\/p>\n\n\n\n

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\u26a1\ufe0f AMEX True Cashback Card at a Glance<\/strong><\/h2>\n\n\n\n
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Feature<\/strong><\/th>Detail<\/strong><\/th><\/tr><\/thead>
Base cashback rate<\/strong><\/td>1.5% on eligible purchases, no cap, no minimum spend<\/td><\/tr>
Welcome offer<\/strong><\/td>3% cashback on your first S$5,000 spend in the first 6 months (up to S$150)<\/td><\/tr>
Annual fee<\/strong><\/td>S$174.40 (incl. GST), waived in year 1<\/td><\/tr>
Exclusions<\/strong><\/td>Just 2: GrabPay\/stored value top-ups and SimplyGo<\/td><\/tr>
Best for<\/strong><\/td>Simple, no-tracking local spend, especially at merchants that don’t take Visa\/Mastercard<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
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\ud83d\udcda Table of Contents<\/strong><\/h2>\n\n\n\n
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  1. What Is the AMEX True Cashback Card?<\/strong><\/a><\/li>\n\n\n\n
  2. How Much Cashback Can You Actually Earn?<\/strong><\/a><\/li>\n\n\n\n
  3. What’s Excluded From AMEX True Cashback?<\/strong><\/a><\/li>\n\n\n\n
  4. AMEX True Cashback vs UOB Absolute Cashback<\/strong><\/a><\/li>\n\n\n\n
  5. Where AMEX True Cashback Actually Wins<\/strong><\/a><\/li>\n\n\n\n
  6. Is AMEX True Cashback Worth It?<\/strong><\/a><\/li>\n\n\n\n
  7. Annual Fee and Fee Waiver<\/strong><\/a><\/li>\n\n\n\n
  8. How Do You Redeem AMEX Cashback?<\/strong><\/a><\/li>\n\n\n\n
  9. How to Apply for AMEX True Cashback<\/strong><\/a><\/li>\n\n\n\n
  10. Why a Multi-Currency Card Still Beats It Overseas<\/strong><\/a><\/li>\n\n\n\n
  11. FAQ<\/strong><\/a><\/li>\n<\/ol>\n\n\n\n
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    What Is the AMEX True Cashback Card?<\/strong><\/h2>\n\n\n\n
    <\/div>\n\n\n\n
    \"American<\/figure>\n\n\n\n

    Image Credits: American Express<\/em><\/p>\n\n\n\n

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    The AMEX True Cashback Card is American Express’s flat-rate cashback card for Singapore, built around a simple pitch: one rate, no categories to track, no minimum spend to hit.<\/p>\n\n\n\n

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