Looks like cashback and rebates is the flavour of the year! Another new credit card rolled out by American Express last month – the American Express True Cashback Credit Card offers 1.5% cashback anytime, anywhere without any minimum spend. Looking at my previous review of the Best Rebate Credit Cards in Singapore (updated July 2014), this basic 1.5% definitely beats many other credit cards in the market, so it’s a good card to have in the wallet if you are buying miscellaneous items and are not entitled to the bonus rebates that may be yielded through the use of other cards e.g. shopping with the Citibank Rewards Card.
For the first 3 months, you will receive 5% cashback on the first $5000 spent, giving a whopping $250 in cashback!
The first 3000 approved applicants will receive an Airasia E-Gift voucher worth $50 and an additional $20 CapitaVoucher when you signup online. For more information, check out the AMEX website here. Terms and conditions apply here