On 1 June, DBS became the first Singapore bank to nerf Amaze transactions completely.
It won’t be the last.
In a way, this shouldn’t come as any big surprise. We all knew from Day 1 that Amaze was living on borrowed time, through the sheer good graces of the banks. After all, why should they indirectly subsidise Amaze via rewards, while Amaze eats their lunch on FCY fees?
That doesn’t make the actual nerfing any less painful, mind you, because the DBS Woman’s World Card was my (and many people’s) first choice pairing with Amaze. It was a no-nonsense way of scooping up an extra 4 mpd on S$2,000 of spend per month, since all Amaze transactions coded as online.
|💳 tl;dr: Amaze Card|
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All the same, there’s no point crying over spilled milk. Opportunities come and go, and it’s now time to move on- starting with reformulating your Amaze strategy.
What card should I use with Amaze?
Here’s the main constraint: Amaze only supports Mastercard credit or debit cards.
This straight away rules out some great 4 mpd options like the HSBC Revolution and UOB Preferred Platinum Visa. It also eliminates AMEX cards, though I probably wouldn’t have used any of those in the first place.
So the question is: which Mastercards pair well with Amaze?
#1: Citi Rewards Card
|Citi Rewards Card|
|Earn Rate||4 mpd|
|Eligible Transactions||All online transactions except travel and mobile wallet|
|Capped at||S$1,000 per statement month|
Without a doubt, the Citi Rewards Card should become your new default Amaze pairing. Since all Amaze transactions code as online, you’ll earn 4 mpd on the first S$1,000 per statement month, except on travel-related transactions.
In other words, avoid using your Amaze + Citi Rewards Card to:
- Buy flight tickets
- Pay for a hotel stay
- Pay a tour agency or activities provider
- Buy train tickets
- Book a rental car
- Book a cruise
Despite these restrictions and the lower 4 mpd cap, some people might actually prefer pairing the Citi Rewards Card to Amaze over the DBS Woman’s World Card. That’s because Citibank offers the widest variety of transfer partners in Singapore, including several that DBS doesn’t have, such as:
- British Airways Executive Club
- Etihad Guest
- EVA Air Infinity MileageLands
- Flying Blue
- Qatar Privilege Club
- THAI Royal Orchid Plus
- Turkish Miles & Smiles
- IHG Rewards Club
#2: UOB Lady’s Card/ UOB Lady’s Solitaire Card
|UOB Lady’s Cards|
|Earn Rate||4 mpd|
|Eligible Transactions||Pick 1 (Lady’s) or 2 (Lady’s Solitaire) bonus categories from beauty & wellness, dining, entertainment, family, fashion, transport, travel|
|Capped at||S$1,000 per calendar month (Lady’s)|
S$3,000 per calendar month (Lady’s Solitaire)
[cap is shared across all bonus categories]
Assuming the Citi Reward Card’s 4 mpd cap has been exhausted, or you have a travel-related transaction to make, the UOB Lady’s Card or Lady’s Solitaire Card would be the next best option.
Cardholders can select one (Lady’s Card) or two (Lady’s Solitaire Card) bonus categories to earn 4 mpd, capped at S$1,000 (Lady’s Card) or S$3,000 (Lady’s Solitaire Card) per calendar month. Selections can be changed every quarter.
|(1) Beauty & Wellness||5912, 5977, 7230, 7231, 7298, 7297||Discount, Mass and Drug Stores, Cosmetics Stores, Barber and Beauty Shops, Health and Beauty Spa, Massage Parlours|
|(2) Dining||5811, 5812, 5814, 5499||Caterers, Eating places and Restaurants, Fast food restaurants and food deliveries|
|(3) Entertainment||5813, 7832, 7922||Bars, Taverns, Lounges and Nightclubs, Motion Picture Theatres, Theatrical Producers and Ticket Agencies|
|(4) Family||5411, 5641||Grocery stores, Children and Infants wear store|
|(5) Fashion||5311, 5611, 5621, 5631, 5651, 5655, 5661, 5691, 5699, 5948||Department Stores, Men’s and Boy’s Clothing and Accessories Store, Women’s Ready-to-wear Stores, Women’s Access and Specialty, Family Clothing Stores, Sports and Riding Apparel Stores, Shoes Stores, Men’s and Women’s Clothing Stores, Miscellaneous Apparel and Accessories Shops, Luggage and Leather Stores|
|(6) Transport||4111, 4121, 4789, 5541, 5542||Local Commuter Transport, Taxi, Cabs, Limousines and Travel Service, Service Stations and Automatic Gas Dispensers|
|(7) Travel||Credit card retail transactions made at major airlines and/or hotels with their main business activity classified as flights and/or hotels only|
Assuming you have two bonus categories to choose, I’d pick:
These are likely to be your largest overseas expense items, and even if you’re a shopaholic, you should use the OCBC Titanium Rewards to cover that instead.
Do note that UOB does not specifically define “travel” bookings, other than mention major airlines or hotels. On its landing page, it specifically lists the following merchants:
This leads me to believe the relevant MCCs are:
- MCCs 3000-3299 (Airlines)
- MCCs 3500-3999 (Lodging)
- MCC 4411 (Cruise Lines)
- MCC 4722 (Travel Agencies and Tour Operators)
- MCC 7011 (Lodging- Hotels, Motels, Resorts not elsewhere classified)
Unlike the gender-egalitarian DBS Woman’s World Card, the UOB Lady’s Card/Lady’s Solitaire Card is strictly for females only. However, there’s nothing stopping you from getting your wife or girlfriend to apply for one, then pairing it with your Amaze Card.
#3: OCBC Titanium Rewards
|OCBC Titanium Rewards|
|Earn Rate||4 mpd|
|Eligible Transactions||Clothes, bags, shoes and other shopping|
|Capped at||S$13,335 per membership year (Blue and Pink cards have their own cap)|
The OCBC Titanium Rewards earns 4 mpd on the first S$13,335 per membership year spent on:
- MCC 5311 (Department Stores)
- MCC 5611 (Men’s and Boys’ Clothing and Accessories Stores)
- MCC 5621 (Women’s Ready to Wear Stores)
- MCC 5631 (Women’s Accessory and Specialty Stores)
- MCC 5641 (Children’s and Infants’ Wear Stores)
- MCC 5651 (Family Clothing Stores)
- MCC 5661 (Shoe Stores)
- MCC 5691 (Men’s and Women’s Clothing Stores)
- MCC 5045 (Computers, Peripherals and Software)
- MCC 5732 (Electronics Stores)
- MCC 5699 (Misc. Apparel and Accessory Shops)
|❓ What about specific merchants?|
4 mpd will also be earned on selected merchants specifically mentioned in the T&Cs, such as Amazon, Courts, Ezbuy, Lazada, Qoo10 and Taobao.
However, these are based on transaction descriptions rather than MCCs, and you will not get 4 mpd via Amaze. That’s because Amaze keeps the MCC while changing the transaction description to AMAZE*[merchant-name].
Therefore, the ideal strategy would be to pair the OCBC Titanium Rewards with Amaze and use it for overseas shopping at factory outlets, malls and the like.
Remember, the Blue and Pink cards each have their own 4 mpd cap. If you’re a regular shopaholic, getting both wouldn’t be the worst idea.
#4: KrisFlyer UOB Credit Card
|KrisFlyer UOB Credit Card|
|Earn Rate||3 mpd with min. S$500 spend on SIA Group merchants in a membership year|
|Eligible Transactions||Dining, food delivery, online shopping, travel and transport|
|Capped at||No cap|
If you spend a minimum of S$500 on KrisShop, Singapore Airlines or Scoot transactions in a membership year, the KrisFlyer UOB Credit Card awards 3 mpd on dining, food delivery, online shopping and travel and transport spend.
There’s no cap, but there is a catch: of the 3 mpd, 1.2 mpd will be awarded upfront. The remaining 1.8 mpd will be credited two months after the card membership year (you might get lucky, but there’s no basis for arguing if you don’t).
If that’s not an issue for you, then this card could soak up most of your overseas spending needs: dining, food delivery, transport and travel (note that travel is limited to specific OTAs; obviously other airlines won’t earn any bonuses on a KrisFlyer cobrand card!).
#5: UOB PRVI Miles Mastercard
|UOB PRVI Miles Mastercard|
|Earn Rate||1.4 mpd|
|Eligible Transactions||All spend|
|Capped at||No cap|
As a last resort, you can pair the Amaze with a general spending card, and the best of the bunch is the UOB PRVI Miles Mastercard.
It’s important to remember that Amaze converts all transactions into SGD, therefore the applicable earn rate for the UOB PRVI Miles Mastercard is 1.4 mpd, not 2.4 mpd. There is no cap on how many miles you can earn.
DBS no longer awards points on Amaze transactions, and while that’s unfortunate, it’s not yet game over. There’s still a good number of cards you can pair with Amaze to enjoy 4 mpd, up to 1% cashback and zero FCY fees (albeit with some markup).
No doubt we’ll see more banks cracking down in the months to come, now that DBS has set the precedent. It’s just a matter of making hay, and hoping that judgement day comes later rather than sooner.
What’s your Amaze strategy going to be now?