From 11-14 November 2021, Amaze is offering 1% bonus cashback on all transactions, increasing the overall earn rate to 2% cashback.
This is on top of all its usual features, namely: zero foreign currency transaction fees, and up to 4 mpd when paired with the right card.
Amaze 1% bonus cashback promotion
From 11-14 November 2021, all spending on the virtual or physical Amaze card will be awarded a bonus 1% cashback. This stacks with the usual 1% cashback for an overall earn rate of 2% cashback.
No registration is required, and the maximum bonus cashback you can earn is capped at S$11. In other words, you’d max out this promotion with S$1,100 of spending.
With the exception of prepaid account top-ups (e.g. GrabPay, YouTrip) and gambling transactions, there are no exclusion categories (keep in mind you must spend at least S$5 in a single transaction to earn cashback).
However, regular credit card exclusion categories still apply. For example, you could pair the Amaze with your Citi Rewards Card and pay insurance premiums, earning 2% cashback and no card rewards (since insurance is an exclusion category for the Citi Rewards Card).
Remember, while Amaze converts offline transactions to online ones, it does not change the underlying MCC.
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That said, you wouldn’t normally earn rewards on transactions like charitable donations, government payments and insurance premiums, so this may be your best bet.
When is cashback credited?
Cashback is credited to your Amaze wallet on the 25th of the month following the end of the calendar quarter:
|Spend Period||Cashback Credited|
|1 Oct- 31 Dec 2021||25 Jan 2022|
|1 Jan- 31 Mar 2022||25 Apr 2022|
|1 Apr- 30 Jun 2022||25 Jul 2022|
|1 Jul- 30 Sep 2022||25 Oct 2022|
All bonus cashback earned under this campaign will be credited on 25 Jan 2022, along with the base cashback earned from 1 Oct to 31 Dec 2021.
Terms and conditions
The T&C of this offer can be found here.
How do I use Amaze cashback?
Any cashback earned can only be spent through the Amaze card at the moment; there is no mechanism to withdraw your Amaze wallet balance to a bank account.
To spend cashback, switch the funding source of your Amaze card to “Amaze wallet” in the Instarem app, as shown below.
Do note that you won’t be able to combine funding sources, or spend more than the balance in your wallet. For example, if your Amaze wallet has S$10, you can only make a transaction of S$10 or less.
While this may seem frustrating, there’s actually a simple workaround to liquidate your earnings. Use the Amaze Card to top-up a GrabPay account, then cash out your balance from GrabPay (this is possible since the Amaze is a debit card; for obvious reasons, you can’t cash out GrabPay balances funded from credit cards).
You won’t earn any Amaze cashback for the GrabPay top-up (since it’s a prepaid account), but at least you can clear out your balance.
Amaze now supports Google Pay
If you’re still waiting for your physical Amaze card to show up in the mail, here’s some good news: Amaze now supports Google Pay. You can add your virtual Amaze card to your Google Pay wallet, and tap your phone to pay at physical merchants.
Of course, this only works at merchants that accept contactless payments.
Amaze cardholders can earn up to 2% cashback from now till 14 November 2021, and since you’ll be putting most of your spend on this card anyway, it’s basically free money.
Just remember the bonus cashback is capped at S$11, so reassess your strategy as needed after hitting S$1,100 of spending.