AMEX Singles Day Offer: S$250 vouchers with S$250 spend on a new American Express card

American Express has launched a Singles Day campaign that runs from now till 22 November 2021, with S$250 of Amazon.sg, Lazada or Shopee vouchers for new customers. 

AMEX Singles Day Offer

As a reminder, American Express recently reduced its threshold for “new customer”. So long as you don’t hold a principal American Express credit card now or in the past 6 months (was: 12 months), you qualify for this offer.

Get S$250 vouchers with a new AMEX card

From 1-22 November 2021, new customers who sign up for the following cards will receive S$250 of Amazon.sg, Lazada or Shopee vouchers with a minimum spend of S$250 in the first month of approval. 

The following cards are eligible for this promotion:

Card	Income Req.	Annual Fee
AMEX True Cashback Card	S$30,000	S$171.20 (First year waived)
AMEX KrisFlyer Credit Card	S$30,000	S$176.55 (First year waived)
❓ Definitions
New customers: Do not hold any American Express principal credit cards now, or in the past 6 months (Corporate/business cards, or cards issued by Citi/DBS/UOB do not count)

The income requirements above refer to Singaporeans and PRs; if you’re an expat, you may be interested to know that the minimum income for the AMEX True Cashback Card and AMEX KrisFlyer Credit Card has been reduced from S$60,000 to S$45,000. 

Approval must be received by 30 November 2021, and gifts will be fulfilled within 12 weeks of meeting the minimum spend. Cardmembers who apply through this offer will not be valid for:

• the Andaz Singapore offer listed on the American Express website for the AMEX KrisFlyer Credit Card
• the S$100 CapitaVoucher offer and S$20 CapitaVoucher upon first spend offer listed on
  the American Express website for the AMEX True Cashback Card

All other sign-up offers apply; you can read the details of these on the landing page. 

What counts towards the minimum spend?

AMEX has a list of excluded spending categories here. The key ones to note are: 

• GrabPay top-ups (not excluded for AMEX True Cashback card)
• Insurance
• SPC transactions
• Utilities

For the avoidance of doubt, hospital transactions, donations, and anything else not explicitly stated in the exclusion list will count as eligible spend. 

Terms and Conditions

The full T&Cs of this offer can be found here. 

Alternative offer

Do note that there’s an alternative offer (ending 15 November) available for American Express cards, which offers new customers S$265 of bitcoin or a pair of Apple AirPods Pro. However, note that:

• The minimum spending requirement is higher at S$500 in the first month of approval
• The definition of new customer is stricter at 12 months

On a spend: return ratio, the Singles’ Day offer is probably better. 

Conclusion

New customers can get S$250 of vouchers with a new American Express credit card and a minimum spend of just S$250. It’s basically 100% of your spend back in terms of vouchers, plus the regular base rewards (1.1 mpd for the AMEX KrisFlyer Credit Card; 1.5% cashback for the AMEX True Cashback).