Review: AMEX HighFlyer Card

The AMEX HighFlyer Card might be worth a one-year punt, but otherwise isn't quite the magic wand it used to be.

Here’s The MileLion’s review of the AMEX HighFlyer Card (also known as the AMEX Singapore Airlines Business Credit Card), the business card for SMEs that might just trigger the entrepreneur in you.

Once upon a time, this card used to represent outrageous value:

  1. The first year fee was waived
  2. You earned miles for GrabPay top-ups
  3. You got an Accor Plus Explorer membership with one free hotel night

I can’t overstate what a sensational deal this was. Not only did you get a free Accor Plus Explorer membership just by signing up, you could also earn miles on GrabPay top-ups and use the balance to settle any bill payment via AXS, be it income tax, corporate tax, insurance premiums, HDB expenses or MCST fees. What’s more, those GrabPay top-ups would count towards the minimum spend for your sign-up bonus, which meant more free miles- win, win, win. 

Unfortunately, the good times couldn’t last forever, and the AMEX HighFlyer Card has been progressively neutered. There’s still a case to be made for it as a “one year card” thanks to the periodic acquisition offers, but it’s not quite the magic wand it used to be.

AMEX HighFlyer Card
🦁 MileLion Verdict
☐ Take It
Take It Or Leave It
☐ Leave It

What do these ratings mean?
The AMEX HighFlyer Card might be worth a one-year punt, but otherwise isn’t quite the magic wand it used to be.
👍 The good👎 The bad
  • Highest earn rate for local general spending
  • Accor Plus membership with one free hotel night
  • No more first-year fee waiver
  • No more rewards for GrabPay top-ups
  • Limited to transferring 150,000 miles per year, and 30,000 miles per account
💳 Full List of Credit Card Reviews

Overview: AMEX HighFlyer Card

Let’s start this review by looking at the key features of the AMEX HighFlyer Card.

Income Req.S$30,000 p.a.Points Validity3 years
Annual FeeS$301.80
Min. TransferN/A
Miles with
Annual Fee
NoneTransfer PartnersHighFlyer
FCY Fee2.95%Transfer FeeNone
Local Earn1.8 mpdPoints Pool?N/A
FCY Earn1.8 mpdLounge Access?Yes
Special EarnUp to 8.5 mpd on SIA ticketsAirport Limo?No
Cardholder Terms and Conditions

How much must I earn to qualify for an AMEX HighFlyer Card?

The AMEX HighFlyer Card has an annual income requirement of at least S$30,000 p.a., the MAS-mandated minimum to hold a credit card in Singapore. 

The real barrier isn’t the income requirement, however. Because this is a business credit card, you’ll need a valid Unique Entity Number (UEN) to apply. This means registering your business with ACRA, be it a sole proprietorship, limited liability partnership or company. 

American Express does not require a minimum turnover nor number of employees. If you’re running a home business, giving tuition or engaged in some other side hustle, registering your business with ACRA would qualify you to apply. 

The S$30,000 minimum income need not come from the registered business itself. For example, I could earn S$30,000 from my day job with Company A, and have a separate side hustle with my own Company B. I could then apply for an AMEX HighFlyer Card on behalf of Company B, using my income from Company A to qualify. 

How much is the AMEX HighFlyer Card’s annual fee?

 Principal CardSupp. Card
First YearS$301.80S$99.92

The AMEX HighFlyer Card has an annual fee of S$301.80 for principal cards, and S$99.92 for supplementary cards. 

While the first year’s fee can no longer be waived, subsequent years’ fees are waivable, subject to approval. I’ve managed to secure fee waivers for the past two years with about S$30,000-40,000 annual spend, mostly on GrabPay top-ups and donations. However, recent data points suggest that AMEX is tightening the criteria for fee waivers, so they may not be as generous as in the past.

What sign-up bonus or gifts are available?

New AMEX HighFlyer Cardholders who submit their applications between 18 September to 3 October 2023 and receive approval before 30 November 2023 will receive S$200 eCapitaVouchers when they:

  • Pay the first year’s S$301.80 annual fee
  • Spend at least S$1,000 within 30 days of approval

On top of this, they will be eligible to choose from one of the following two offers:

 Offer 1Offer 2
(Day 1-90)
Bonus30,000 pointsSamsonite Choca Spinner 68/25
(Day 91-180)
Bonus30,000 points
For avoidance of doubt, the S$1,000 spend to earn the S$200 eCapitaVouchers also counts towards the minimum spend required for Offer 1 & 2

These bonuses are on top of the regular HighFlyer points, awarded at a rate of 1.8 HighFlyer points per S$1 (i.e. 14,400 HighFlyer points for Offer 1; 9,000 HighFlyer points for Offer 2).

There is no requirement that you be new-to-AMEX, and the offer applies even if you hold an existing AMEX consumer card. Applicants who have cancelled the AMEX HighFlyer Card previously for the same company are not eligible. 

How many miles do I earn?

🇸🇬 SGD Spend🌎 FCY Spend⭐ Bonus Spend
1.8 mpd1.8 mpdUp to 8.5 mpd on SIA tickets


AMEX HighFlyer Cardholders earn:

  • 1.8 HighFlyer points every S$1 spent in Singapore Dollars
  • 1.8 HighFlyer points every S$1 spent in foreign currency

1 HighFlyer point is worth 1 KrisFlyer mile, so that’s an equivalent earn rate of 1.8 mpd for local and overseas spend. This makes the AMEX HighFlyer Card one of the highest-earning general spend cards on the market. 

UOB PRVI Miles1.42.4
AMEX HighFlyer Card1.81.8
OCBC 90°N Card1.32.1
Citi PremierMiles1.22.0
DBS Altitude1.22.0
AMEX KrisFlyer Ascend1.22.0*
AMEX KrisFlyer Credit Card1.12.0*
BOC Elite Miles1.02.0
KrisFlyer UOB Credit Card1.21.2
*June and Dec only, otherwise 1.1 mpd

All overseas transactions are subject to a 2.95% FCY fee.

Bonus Spend

The AMEX HighFlyer Card is marketed as earning up to 8.5 HighFlyer points per S$1 on Singapore Airlines and Scoot tickets, but this figure needs some breaking down. 

You actually earn only 2.5 HighFlyer points per S$1 from the AMEX HighFlyer Card itself. The remaining 6 HighFlyer points is comprised of:

  • The usual 5 HighFlyer points per S$1 awarded to all HighFlyer members
  • A bonus 1 HighFlyer point per S$1 awarded to HighFlyer members with the AMEX HighFlyer Card

Moreover, note that these 6 HighFlyer points per S$1 are not awarded on tickets issued in the V or K booking classes (Economy Lite). Tickets issued in the Q or N booking classes (Economy Value) will only be eligible for 50% accrual of HighFlyer points. 

HighFlyer points are not earned on award redemptions, so if you’re using the AMEX HighFlyer Card to pay for taxes and surcharges on award tickets, you’ll earn just 2.5 mpd.

When are HighFlyer points credited?

HighFlyer points are credited when your transaction posts, which generally takes 1-3 working days.

How are HighFlyer points calculated?

Here’s how you can work out the HighFlyer points earned on your AMEX HighFlyer Card.

Local SpendMultiply transaction by 1.8, then round to the nearest whole number
FCY Spend
Multiply transaction by 1.8, then round to the nearest whole number

The minimum spend to earn points is therefore S$0.28. 

If you’re an Excel geek, here’s the formulas you need to calculate points: 

Local Spend=ROUND (X*1.8,0)
FCY Spend
=ROUND (X*1.8,0)
Where X= Amount Spent

For the full list of formulas that banks use to calculate credit card points, do refer to these articles:

What transactions aren’t eligible for HighFlyer points?

Historically speaking, the AMEX HighFlyer Card has been very liberal with awarding points, keeping its exclusions list to a bare minimum.

Sadly, those days are now over. 


a) Charges processed and billed prior to the Enrolment Date or charges prepaid on any Card Account prior to the first billing statement for that Card Account following the Enrolment Date.
b) Cash Advance and other cash services.
c) Finance charges – including Line of Credit charges and Credit Card interest charges.
d) Late payment and collection charges.
e) Tax refunds from overseas purchases.
f) Balance Transfer.
g) Instalment plans, except where American Express determines otherwise.
h) Annual membership fees.
i) Amount billed for purchase of HighFlyer Points to top-up your points balance.
j) Purchase and top-up charges for EZ-Link cards using American Express Cards.
k) Bill payments and all transactions via SingPost (e.g. SAM kiosks, mobile app, online portal) (with effect from 4 April 2023);
l) Payments to insurance companies (except payments made for insurance products purchased through American Express authorized channel) (with effect from 4 April 2023);
m) Payments to Singapore Petroleum Company Limited (SPC) service stations (with effect from 4 April 2023);
n) Payments for the purpose of GrabPay top-ups (with effect from 4 April 2023);
o) Payments to utilities merchants (with effect from 4 April 2023);
p) Payments to public/restructured hospitals, polyclinics and other public/restructured healthcare institutions and facilities (with effect from 4 April 2023);
q) Charges at merchants or establishments that are excluded by American Express at its sole discretion and notified by American Express to you from time to time.

Cardholders no longer earn points for GrabPay top-ups, utilities bills, public hospitals, or insurance premiums. 

For what it’s worth, you can still earn points for private healthcare facilities, donations and education transactions, provided you can find a place that accepts AMEX and its elevated merchant fees. 

What do I need to know about HighFlyer points?

❌ Expiry↔️ Pooling✈️ Transfer Fee
3 yearsN/ANone


HighFlyer points expire after 3 years on the last day of the equivalent month in which they were earned.

For example, all HighFlyer points earned from 1-31 July 2023 would expire at 2359 hours Singapore time on 31 July 2026. 


This is the only credit card which earns HighFlyer points, so pooling is not relevant.

Transfer Fees & Partners

HighFlyer points earned from the AMEX HighFlyer Card are batched and automatically transferred to your HighFlyer account once per month, on your statement closing date. No transfer fees apply. 

HighFlyer points can be instantly converted to KrisFlyer miles at a 1:1 ratio, also with no transfer fees. However, some restrictions apply:

  • Each HighFlyer account can only be linked to a maximum of five selected KrisFlyer accounts for the purpose of converting HighFlyer points to KrisFlyer miles
  • Each HighFlyer account is only allowed to convert HighFlyer points to a maximum of 150,000 KrisFlyer miles per calendar year
  • Each selected KrisFlyer account may receive a maximum of 30,000 KrisFlyer miles converted from HighFlyer points per calendar year, regardless of which HighFlyer accounts the points are converted from

In the days when GrabPay top-ups still earned points, the argument went that the 30,000 miles/year cap wasn’t a dealbreaker, because it still represented 30,000 miles/year that you couldn’t otherwise earn. 

But now, it’s a little different, and I think the question is whether or not you’d even spend S$16,667 (30,000/1.8 mpd) on a general spending card like this, when you could probably put most of that on 4 mpd specialised spending cards. 

What else can you do with HighFlyer Points?

In addition to KrisFlyer miles redemptions, HighFlyer Points can also be used for:

  • Paying for Singapore Airlines tickets and add-ons at a rate of 1,050 HighFlyer Points= S$10
  • Redeeming Scoot e-vouchers at a rate of 1,050 HighFlyer Points= S$10
  • Redeeming lounge passes at a rate of 5,000 HighFlyer Points= 1 lounge pass
  • Redeeming KrisFlyer Elite Gold status for a 12-month period for 150,000 HighFlyer Points

You can read the full details about each redemption option below.

What can you do with Singapore Airlines HighFlyer Points?

Other card perks

Annual spending bonuses

AMEX HighFlyer Cardholders who spend at least S$500 on Singapore Airlines or Scoot transactions within their first membership year will receive a bonus of 5,000 HighFlyer points. 

AMEX HighFlyer Cardholders who spend at least S$10,000 on Singapore Airlines or Scoot transactions within any membership year will receive a bonus of 15,000 HighFlyer points. 

In other words, spending S$10,000 on Singapore Airlines or Scoot transactions would earn you:

  • 20,000 bonus HighFlyer points in your first membership year
  • 15,000 bonus HighFlyer points in your second and subsequent membership years

Accor Plus membership

One of the highlights of the AMEX HighFlyer Card is the free Accor Plus Explorer membership, which includes one complimentary hotel night each year at participating hotels in Singapore and across Asia Pacific.

Members also get access to the periodic Red Hot Rooms sale, which can be a good opportunity to book cheap staycation or overseas hotel rates.

Prego at Fairmont Singapore

The other big draw of an Accor Plus membership are the dining discounts. The discount structure works like this:

  • 25% off dining: 1 member only
  • 50% off dining: 1 member and 1 guest
  • 33% off dining: 1 member and 2 guests
  • 25% off dining: 1 member and 3 guests
  • 15% off drinks in Asia

Some examples of participating Accor Plus restaurants in Singapore include Prego, Mikuni and Asian Market Café at the Fairmont, SKAI, The Stamford Brasserie, and CLOVE at Swissotel and The Cliff and Kwee Zeen at the Sofitel Sentosa Resort.

In fact, should you enjoy the benefits of an Accor Plus membership, it’s still cheaper to pay the AMEX HighFlyer Card’s annual fee instead of buying an Accor Plus Explorer membership (S$418). 

For those who have already received their AMEX HighFlyer Card, here’s how to go about activating your Accor Plus membership.

Lounge visits

AMEX HighFlyer Cardholders enjoy two complimentary lounge visits per membership year via Priority Pass. These visits can be used for the cardholder or his/her guests. Any visits beyond the complimentary entitlements will be billed at US$32 each. 

Two free lounge visits is par the course for entry-level cards in this segment. 

CardLounge Access?
AMEX KrisFlyer Ascend
(4 per year)
HSBC TravelOne Card
(4 per year)
AMEX HighFlyer Card
(2 per year)
Citi PremierMiles
(2 per year)
DBS Altitude
(2 per year,
Visa version only)
AMEX KrisFlyer Credit Card
BOC Elite Miles
KrisFlyer UOB Credit Card
OCBC 90°N Cards

KrisFlyer Elite Gold fast track

amex krisflyer ascend elite gold fast track

Cardholders who spend at least S$15,000 on purchases within the first 12 months of card approval will receive an automatic upgrade to KrisFlyer Elite Gold.

This benefit is only valid for the first year; subsequently, you’ll have to requalify by flying at least 50,000 elite miles in a 12-month membership period.

KrisFlyer Elite Gold confers additional benefits when flying on Singapore Airlines or Star Alliance carriers, such as:

  • A 25% bonus on KrisFlyer miles
  • Lounge access
  • Priority check-in
  • Priority boarding
  • Priority luggage handling and additional 20kg allowance

For more details on KrisFlyer Elite Gold benefits, refer to the post below.

Your complete guide to KrisFlyer Elite Gold benefits

Summary Review: AMEX HighFlyer Card

🦁 MileLion Verdict
☐ Take It
☑ Take It Or Leave It
☐ Leave It

Until recently, the AMEX HighFlyer Card was a complete no-brainer to get. Why wouldn’t you, with a first year fee waiver, complimentary Accor Plus membership, and the ability to earn free miles on income tax payments, MCST fees, insurance premiums or any other bill payable on AXS?

Now, it’s much more marginal. You’ll need to pay the first year’s annual fee, there’s no more rewards for GrabPay top-ups, and the main recurring benefit is an Accor Plus membership. Unless you really want that, then this would really be a “one year card” for most people- get the sign-up offer, enjoy the membership, then so long and thanks for all the fish.

Aaron Wong
Aaron Wong
Aaron founded The Milelion to help people travel better for less and impress chiobu. He was 50% successful.

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FYI: If you’re a foreigner who runs their own company (which sponsors your EP/whatever in SG), you’ll need to be able to show two personal IRAS NOAs for approval.

That basically means you can only apply for this thing if you’ve spent two years in SG already.

This is a silly policy given it’s a corporate focused card to begin with. They’re not willing to accept bank statements, or form 21 from your company.

(As an aside, you can get 5.5 out of the 8 MPD for SIA spend by just signing up for SIA HighFlyer independently)


Just wonder the acra application requires any fees or annual fees?


Yes. And don’t forget filling requirements.


One should have a legit business then get the card…not purposely go to register a business just to get this card.


what makes you the gatekeeper? acra won’t say no to free $$ for nation building.


Actually there is a no annual fee option . But no bonus points will be awarded


But the points come at a cheap rate so no reason to not take

Last edited 1 year ago by lol!

Can confirm if the following is factual ? My understanding from cso is different and I vaguely recall earning 8.5 on my 2020/2021 tickets

“HighFlyer points are not earned on award redemptions, so if you’re using the AMEX HighFlyer Card to pay for taxes and surcharges on award tickets, you’ll earn just 2.5 mpd.”


sorry for the noob question, but does the company or the individual get the credit bill? and the annual fee is paid by the company or individual?


in other words is this like a company card or is this a card for an individual who just need to be able to prove he is a director/major shareholder of a company?

Lim Boon Hua

Starting from Apr 4, they will be excluding grab top ups.


Can you retain your Highflyer account and CC if you dont renew your company’s registration on ACRA annually?



Justina Ee

Just received an email yesterday saying “Starting 4 April 2023, changes will be made to the list of eligible purchases for the award of HighFlyer points. For the latest list of non‑eligible transactions, please visit”

New exclusion:
Payments for the purpose of GrabPay top-ups”

Glad I managed to clock my miles before this coming nerf!


Does this still have miles for grabpay top ups?


With the cap of Highflyer to Krisflyer (Each selected KrisFlyer account may receive a maximum of 30,000 KrisFlyer miles converted from HighFlyer points per calendar year, regardless of which HighFlyer accounts the points are converted from), will the strategy be to move all points from Amex Rewards > Krisflyer > Highflyer + Citi Rewards > Highflyer + Highflyer Card auto to Highflyer then book tickets from Highflyer site?

Last edited 5 months ago by Oshioyi

If you have a business can’t you just register for HighFlyer and use any other card to purchase tickets and get the 5 HighFlyer points on top of the card earn? Use a 6/4mpd card or uncapped 3mpd on UOB KrisFlyer and spend $6k per annum to get the additional 30k miles. Without using this AMEX



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