Instarem Amaze Card Review: Till the fat lady sings

While the Amaze nerf-list grows ever longer, its bank-beating FCY fees and other nifty features keep it an essential part of your wallet- until further notice.

Picture this: you decide to throw a huge blowout party, the likes of which the world has never seen. You spare no expense, and everyone says it’s the best party they’ve ever attended.

But as the night goes on, the budget starts to run dry, and to keep the festivities going, you have to make changes. So you swap the champagne with prosecco. You impose a “one per attendee” limit on the goodie bags. You replace DJ Marshmello with DJ Dee Kosh. In the end everyone hates you for it, and you feel rather aggrieved. After all, no one’s talking about how great the first few hours were!

That’s kind of the situation that Instarem finds itself in right now with Amaze. Once upon a time, Amaze was truly amazing: Excellent exchange rates, 1% cashback on virtually anything plus regular credit card rewards, and use cases that went beyond just overseas spending. Demand was so crazy that Instarem had trouble shipping out physical cards in time for year-end VTL travel in 2021. 

Since then, however, a whole lot has happened. 

💳 Amaze: A timeline of nerfs
  • August 2021: Instarem launches Amaze card to public
  • January 2022: Adds rewards exclusions for cashback; prior to this you could earn cashback on almost anything
  • March 2022: Amaze slashes cashback rates and caps
  • May 2022: Amaze rates begin noticeably diverging from Mastercard’s
  • June 2022: DBS/POSB adds Amaze to its rewards exclusion list
  • July 2022: Amaze ends cashback on SGD spend
  • October 2022: Amaze replaces cashback with InstaPoints
  • February 2023: Amaze adds 2% fee on GrabPay & e-wallet top-ups (Amaze Wallet exempted)
  • July 2023: Amaze extends 2% fee on GrabPay & e-wallet top-ups to Amaze Wallet
  • August 2023: Amaze cuts InstaPoint earn rates for card-linked transactions by 50%
  • October 2023: Amaze adds 1% fee for selected SGD transactions
  • April 2024: Amaze adds 1% fee for SGD transactions above S$1,000
  • June 2024: Amaze caps InstaPoint earning at 500 points per month

Such a lengthy list of nerfs would be enough to torpedo any other product, but it speaks volumes about how good Amaze used to be that even after all this, it’s still my default choice for overseas spending (and sometimes local too, for reasons we’ll cover later).

And yet, it’s hard to deny that the times, they are are a-changin’. The music’s still going, but Marshmello’s got one eye on the exit.

Overview: Amaze Card

Apply here
Use code 7HK2A2 for 225 bonus InstaPoints
💳 tl;dr: Amaze Card
  • Link up to five Mastercard credit/debit cards
  • Overseas transactions are converted into SGD (no FCY transaction fees, but subject to FX spread) and charged to the underlying credit/debit card
  • Transaction MCC remains the same, offline transactions charged to Amaze become online transactions for the underlying credit/debit card
  • Earn 0.5 InstaPoints per S$1 spent on FCY transactions of at least S$10 (except exclusion categories), capped at 500 InstaPoints per month
  • Redeem InstaPoints for cashback in blocks of 2,000 InstaPoints= S$20

The Amaze Card is available to anyone with an Instarem account, and has no minimum income requirement nor annual fee. 

Applications can be made through the Instarem app (Android | iOS), and you’ll receive a virtual card immediately upon approval.

Physical cards take a bit longer to arrive; it was as much as a month during the early days, but should be within a week now.

If you’re waiting for the physical card but want to spend in-store, you can do so by adding the virtual card to your mobile wallet. However, only Google Pay is supported at the moment; Apple Pay support is still pending.

How does Amaze work?

The Amaze Card is a debit card, which is funded by either:

  • Amaze Wallet
  • Debit or Credit Card
  Amaze Wallet Debit or Credit Card
Conversion rate More favourable Less favourable
Lock in rate for future spend? Yes No
Earn credit card rewards? No Yes

Do note that you cannot combine two sources in a single transaction. For example, if your payment source is the Amaze Wallet, and the balance is insufficient to cover the cost of a given transaction, the transaction will be declined. You cannot pay for part of your transaction with Amaze Wallet funds, and the rest with your debit or credit card. 

Amaze Wallet

The Amaze Wallet is conceptually very similar to Revolut or YouTrip, allowing you to buy currencies whenever you believe the rate is favourable, and lock them in for spending in the future.

The following currencies are currently supported:

👛 Amaze Wallet: Supported Currencies
🇦🇺 Australian Dollar (AUD)
🇨🇦 Canadian Dollar (CAD)
🇨🇭 Swiss Francs (CHF)
🇪🇺 Euros (EUR)
🇬🇧 British Pounds (GBP)
🇯🇵 Japanese Yen (JPY)
🇲🇾 Malaysian Ringgit (MYR)
🇳🇿 New Zealand Dollar (NZD)
🇸🇬 Singapore Dollar (SGD)
🇹🇭 Thai Baht (THB)
🇺🇸 United States Dollars (USD)

A few points to note: 

  • Amaze Wallet top-ups code as MCC 6540 (POI Funding Transactions), so just like Revolut or YouTrip, you won’t earn any credit card rewards for top-ups
  • A 2.1% fee (min. S$0.50) applies to any Amaze Wallet top-ups using a Visa card
  • A 1% fee (min. S$0.50) applies to any Amaze Wallet top-ups using a Mastercard
  • All Amaze Wallet top-ups must be at least S$20; however, there are no fixed intervals beyond that; e.g. you could top-up S$20.76 or S$43.25
  • The maximum amount that can be stored in the Amaze Wallet at any time is S$5,000, and the maximum amount transacted through the Amaze Wallet is S$30,000 per calendar year. These are hard limits set by MAS, though they may soon be increased

You do not need to pre-select a currency before spending; Amaze will automatically deduct the relevant currency, and make instant conversions from your other Wallet balances to top-up the difference if needed. 


Any balance you hold in the relevant transaction currency will automatically be debited first, to minimise your conversion costs (e.g., if you are making a payment in Europe, your EUR balance will be debited by default). If you do not hold any balance in the relevant transaction currency, or the balance you hold in the relevant currency is insufficient, your balance held in other currencies will be debited, starting from your SGD balance, followed by EUR, USD, JPY, THB, GBP, AUD, CHF, NZD, CAD and MYR in this order.

If the transaction currency is a currency other than SGD, EUR, USD, JPY, THB, GBP, AUD, CHF, NZD, CAD, and MYR your SGD balance will be used to make the payment. If your SGD balance is insufficient, your balance held in other currencies will be converted to SGD to make the payment, in the following order: EUR, USD, JPY, THB, GBP, AUD, CHF, NZD, CAD and MYR.

-Instarem FAQs

For example, if I have S$100 and 1,000 JPY in my Amaze Wallet, and I make a transaction that costs 1,500 JPY:

  • 1,000 JPY will first be deducted from my JPY balance
  • The equivalent of 500 JPY will be converted from my SGD balance and immediately deducted

For what it’s worth, the exchange rate used for transactions funded by the Amaze Wallet is better than that for debit/credit card-funded transactions.

Here’s an example of two transactions, made minutes apart. The one on the left is with a linked credit card, the one on the right is with the Amaze Wallet. Notice how the Amaze Wallet rate (98.8811 JPY) is 2.37% better than the card rate (96.5857 JPY). 

Amaze Wallet balances cannot be withdrawn to a bank account. If you wish to cash them out, one option is to use the Amaze Card (with the Amaze Wallet selected as the funding source) to top-up an e-wallet such as GrabPay, then transfer the GrabPay balance to your bank account.

However, do note that Amaze charges a 1% fee (min. S$0.50) for all GrabPay/e-wallet top-ups, which means this isn’t an entirely frictionless affair. 

Credit Card

Amaze Cardholders can link up to five Singapore-issued Mastercard debit or credit cards, and designate a default card to be charged during a transaction.

Every time a transaction is charged to the Amaze Card linked to a debit or credit card, two things happen:

  1. Amaze converts any foreign currency (FCY) amounts into Singapore dollars based on its internal exchange rate
  2. Amaze then charges the Singapore dollar amount to the linked debit or credit card

In that sense, transactions are a two-step process, with Amaze working like a passthrough. At the end of each month, there’s no Amaze bill to pay; instead, you settle any outstanding amounts on the credit card you linked to Amaze.

Transactions processed through Amaze:

(1) Code as online spend

All Amaze transactions code as online spend, which means they will be eligible for the online spending bonus with:

However, do note that Amaze will impose a 1% fee on all SGD transactions above S$1,000 each calendar month

  • The 1% domestic fee will only apply to that portion of spending which exceeds S$1,000. For example, someone who spends S$1,500 in a month will pay a domestic fee of S$5 (1% of S$500)
  • Amaze users will be able to track their cumulative SGD spending in the app, and alerts will be sent via email and push notifications when the S$1,000 threshold is approaching

If you’re a Citi Rewards Cardholder, you should be fairly indifferent because the 4 mpd cap is S$1,000 per month, exactly the threshold at which the 1% domestic fee kicks in. That said, you should take care because there could be situations where you inadvertently trigger it. Remember, the Citi Rewards cap is based on statement month, and it’s very possible to clock S$1,000 spends on both sides of a statement month.

If you’re a KrisFlyer UOB Credit Cardholder, more caution is needed. One of the best reasons to pair this card with Amaze was to trigger its uncapped 3 mpd on online shopping, applicable to the following MCCs:

Category MCCs
Online Shopping 4816, 5262, 5306, 5309, 5310, 5311, 5331, 5399, 5611, 5621, 5631, 5641, 5651, 5661, 5691, 5699, 5732, 5733, 5735, 5912, 5942, 5944-5949, 5999, 7278 (only for Shopee, Lazada and Qoo10)

This includes big-ticket MCCs like jewellery and watches (MCC 5944), luxury bags (MCC 5948) and electronics (MCC 5732).

For instance, someone buying a S$10,000 engagement ring would do well to pay with Amaze x KrisFlyer UOB, because such a big transaction would bust the bonus caps on 4 mpd cards (assuming you can’t split the cost over multiple cards). 

Should you go ahead and pay the 1% fee in order to earn bonus miles? That depends on what your alternative is. If it’s between Amaze x KrisFlyer UOB or a naked KrisFlyer UOB, then you’re paying an extra 1% to earn an extra 1.8 mpd, which works out to 0.55 cents per mile. I don’t think that’s the worst price in the world to pay.

Of course, none of these are issues if you’re transacting outside of Singapore, as the 1% fee only applies to SGD transactions.

(2) Are charged in SGD

Amaze will convert all FCY transactions into SGD before charging them to the linked card.

Therefore, you will earn rewards according to the local spend rate, for cards which offer overseas spending bonuses.

❓ All transactions are charged in SGD?
Don’t confuse this with the previous section. All transactions are ultimately converted into SGD by Amaze, but the previous section is talking about transactions that were already in SGD when charged, which Amaze does not convert

(3) Retain the same MCC as the original merchant

Amaze does not modify the MCC of a transaction. If you use the Amaze Card at a restaurant, the MCC will code as a restaurant. If you use the Amaze Card at a hotel, the MCC will code as a hotel.

(4) Have an AMAZE* prefix

What Amaze does modify is the transaction description. 

For example, here’s how a Lazada transaction looks like when paid with Amaze. Notice how the MCC remains the same, but AMAZE* is added to the transaction description.

This means that if your credit card awards bonuses based on transaction descriptionpairing it with Amaze will lead to forfeiture of those bonuses. Fortunately, such cards are the minority (e.g. OCBC Rewards for Guardian and Watsons), and most cards award bonuses based on MCC.

On the flip side, if your credit card excludes merchants based on transaction description, pairing it with Amaze will lead to earning of those bonuses. The best example I can think of are UOB$ merchants. If you pair the Amaze with the UOB Lady’s Card and spend at Cold Storage, you’ll earn the full 4 mpd (subject to you choosing Family as your bonus category), because Amaze helps circumvent the UOB$ restriction.

Earning rewards with Amaze

Every time you swipe your Amaze card, you can earn two different types of rewards:

  1. Credit card rewards (assuming you choose a linked card as your payment method)
  2. InstaPoints (assuming transaction is in FCY)

Credit card rewards

Amaze transactions are eligible to earn credit card rewards with all banks, except DBS/POSB which excluded them in June 2022.

These are subject to the standard exclusion clauses, of course. For example, insurance premiums are an excluded category for Citibank, so pairing the Citi Rewards Card with Amaze does not magically enable you to earn points on insurance payments (remember, the MCC remains the same). 

❓ What about Citi and UOB?

Both Citi and UOB have clauses in their T&Cs which exclude AMAZE*TRANSIT from earning rewards.

This does not mean that all Amaze transactions are excluded. Rather it just means you can’t use Amaze as a conduit to earn rewards on public transport-related transactions.

So which credit card should you pair with Amaze for the most miles?

💳 Recommended Amaze Pairings
Card Earn Rate Cap
UOB Lady’s Card
4 mpd1 S$1K per c. month
UOB Lady’s Solitaire
4 mpd2 S$2K per c. month
Citi Rewards
4 mpd3 S$1K per s. month
OCBC Rewards
4 mpd4 S$1.1K per c. month
KrisFlyer UOB Credit Card
3 mpd5 None
1. Pick 1: Beauty & wellness, dining, entertainment, family, fashion, transport, travel (T&Cs)
2. Pick 2: Beauty & wellness, dining, entertainment, family, fashion, transport, travel (T&Cs)
3. All transactions except travel (airlines, hotels, rental cars, tour agency, cruises etc.) (T&Cs)
4.  Clothes, bags, shoes and shopping (T&Cs)
5. Dining, shopping, travel, transport. Must spend at least S$800 on SIA Group transactions in a membership year (T&Cs)

Please make a point of reading the footnotes, because certain cards will only award bonus miles on specific MCCs. For additional information on how this works, I highly recommend reading the post below. 

What’s the best card to use with Amaze?


Transactions on Amaze earn InstaPoints

Amaze offers its own rewards programme called InstaPoints, which can be earned on top of credit card rewards. This was launched in July 2022 as a replacement for the previous cashback system.

Transaction Currency Amaze Wallet Debit & Credit Card
FCY 0.5 InstaPoints per S$1

InstaPoints will only be awarded on FCY transactions of at least S$10, and a maximum of 500 InstaPoints can be earned in a single month.

This cap means that once you spend beyond S$1,000, your effective rebate will decline for every incremental dollar you spend. 

InstaPoints are officially awarded within 3 business days of a transaction, but in practice are credited almost instantly.

Redeeming InstaPoints

InstaPoints can be converted into cash rebates in the following denominations: 

InstaPoints Cashback
2,000 S$20
10,000 S$100
50,000 S$500
A 400 InstaPoints = S$5 option exists, but that’s not cashback. Instead, it’s a discount voucher for your next Instarem FX transfer

My advice is to ignore the 1,000 points = S$5 option, because that gives you a value of just 0.5 cents per InstaPoint or an effective rebate of 0.25%. Instead, wait till you have at least 2,000 points, because this gives you a value of 1 cent per InstaPoint, or a rebate of up to 0.5%

Do note the “up to” caveat. Because of the 500 InstaPoints cap per month, the effective rebate will decline for any spending beyond S$1,000.

Cashback from InstaPoints redemptions will be credited immediately to the Amaze Wallet.

InstaPoints expiry

InstaPoints earned before 1 October 2022 expire six months after date of crediting.

InstaPoints earned from 1 October 2022 expire 12 months after date of crediting.

Ineligible transactions

The following transactions do not earn InstaPoints:

  • Any transaction in SGD
  • Any foreign currency transaction smaller than S$10
  • Any transaction with the following MCCs:
MCC Description
4111 Railroads, Transportation Services
4784 Tolls and Bridge Fees
4900 Utilities: Electric, Gas, Water, and Sanitary
5047 Medical, Dental, Ophthalmic and Hospital Equipment and Supplies
5199 Nondurable Goods (Not elsewhere classified)
5960 Direct Marketing: Insurance Services
5993 Cigar Stores and Stands
6012 Financial Institutions: Merchandise, Services, and debt Repayment
6211 Security Brokers/Dealers
6300 Insurance Sales, Underwriting, and Premiums
6513 Real Estate Agents and Managers: Rentals
6540 Non-Financial Institutions – Stored Value Card Purchase/Load
7299 Other Services (Not elsewhere classified)
7349 Cleaning, Maintenance and Janitorial Services
7523 Parking Lots, Parking Meters and Garages
8062 Hospitals
8211 Elementary and Secondary Schools
8220 Colleges, Universities, Professional Schools, and Junior Colleges
8241 Correspondence Schools
8244 Business and Secretarial Schools
8249 Vocational and Trade Schools
8299 Schools and Educational Services
8398 Charitable Social Service Organisations
8661 Religious Organisations
8675 Automobile Associations
8699 Membership Organisations
9211 Court Costs, including Alimony and Child Support
9222 Fines
9223 Bail and Bond Payments
9311 Tax Payments
9399 Government Services
9402 Postal Services

The exclusions list more or less matches the ones published by banks, with education, insurance, government payments and hospitals all ineligible.

This means you won’t earn any InstaPoints should you use the Amaze to pay for overseas school fees, visa applications or medical treatment. 

What exchange rates does Amaze offer?

Whenever you make a foreign currency transaction on a credit card, you normally incur two kinds of fees:

  1. An implicit fee arising from the spread between the spot rate and the actual rate used by the card network (e.g. Visa, Mastercard)
  2. An FCY transaction fee of ~3.25%, imposed by the bank

Amaze does not impose (2), which means the only “fee” you need to be concerned about comes from (1).

First things first: you should not be comparing Amaze rates to spot, unless your alternative was to visit a money changer or use a Revolut/YouTrip type product where the rates can be very close. If you want to earn miles on your overseas transactions, then the right rate to compare Amaze to is Mastercard, because that’s what you’d have incurred had you used the credit card directly. 

Once upon a time, Amaze rates were almost indistinguishable from Mastercard’s. But at some point in May 2022, those started diverging, and the spread is currently ~2%, depending on day and currency. Amaze rates for card spending, unfortunately, are opaque- you won’t know what rate you get until the transaction is completed.

However, it should be clear that so long as you can earn equivalent rewards on Amaze + credit card versus credit card directly, Amaze still makes sense so long as the following equation holds:

Amaze spread over Mastercard (A) – InstaPoint rebates (B) < Bank FCY fee (C)

(A) is currently ~2%, (B) is up to 0.5% (though with the new 500 points per month cap it’s less consequential), and that’s less than (C)’s value of 3.25%. 

To illustrate, suppose you have an online transaction at Amazon USA, for which you could earn:

  • 4 mpd with Citi Rewards Card, with 3.25% fee
  • 4 mpd with Amaze + Citi Rewards Card, with 1.3% fee (1.8% spread – 0.5% rebate)

Amaze is obviously the better solution, and will be until the spread with Mastercard approaches 3% or more. 

Put it another way: if you were OK with paying a 3.25% fee to earn 4 mpd prior to Amaze, there’s no reason for you to not use Amaze, since the rewards are the same and the net fees lower.

Use Instarem app to check MCCs

I didn’t know which section to fit this under, but I thought I should mention that the Instarem app provides an easy way of checking MCCs even without spending.

All you need to do is open the Instarem app > Card > Manage > Disable in-store purchase, online-purchase, overseas transactions, magstripe transactions.

Then attempt to make a transaction. It will fail, obviously, but you can then visit the Activity tab and see what the MCC would have been had it gone through. You can then select the correct card to pair with Amaze accordingly. 


Apply here
Use code 7HK2A2 for 225 bonus InstaPoints

While the Amaze party is starting to wind down, there’s still some punch in the punchbowl, if you catch my drift. 

The way I see it, Amaze has three main use cases: 

  • It turns offline transactions into online ones, making it easy to earn 4 mpd with the Citi Rewards Card and KrisFlyer UOB Credit Card
  • It allows UOB cardholders to earn UNI$ at UOB$ merchants
  • It’s still cheaper than using a credit card overseas, because of identical rewards, smaller spreads and InstaPoint rebates

Of course, this won’t last forever. DBS was the first bank to exclude Amaze transactions, but it certainly won’t be the last. Sooner or later, banks will start to question why they’re letting Amaze eat their FCY fees while subsidising its operations via rewards. And when they pull the plug, Amaze basically becomes another Revolut or YouTrip. 

So my advice from day one still stands: make hay while the sun shines. Every month that you can earn 4 mpd for less than the banks charge is a good month, and when the party finally ends, at least we’ll always have the memories.

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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I’d hope this card could be the morning call for banks who charge 3+% for foreign currency transaction to finally wake up


Just wondering if this would work out for OCBC TR card as well (for all the incl categories):
Local spend: 4mpd + 1%
FCY spend: 4mpd + 1% – FCY Fees


In theory it should but only for the whitelisted MCC, as you mentioned.

RIP Amaze

Banks are gonna exclude AMAZE* from earning points real soon like they did YOUTRIP*.


So does this works for example topping up my crypto account using this method to save on the transaction fee?


I attempted to top up into binance. It was rejected


Does it convert the insurance premiums into miles earned if i link up the miles card to the AMAZE?


I am wondering the same for my uob one card cashback as well


You can’t even link Visa cards to it now.


Afaik from hwz forum, no. The cc receives the same MCC as though U used it directly to pay so they will get the insurance MCC, thus no rewards. But I guess U get the 1% cashback…?


Does it converts my insurance premiums to be eligible for uob one 5% cashback + amaze 1% cashback?


people need to learn to read the article better. if the mcc is passed through, then it will still code as insurance. does insurance earn cashback with uob one?


SCB Unlimited ==> Amaze ==> AXS. Wonder will get 1.5% + 1%? Or at least 1%?


AXS doesn’t take Amaze.

Last edited 2 years ago by facepalm

Hi! Burning qns before I sign up using your code: does AMAZE card earn us 1% cashback for charges made on AXS mobile stations? (I.e Using Amaze card to pay insurance premiums on AXS mobile)


It’s answered above – AXS doesn’t take Amaze. But you can use UOB Absolute to top up GPMC and pay via AXS to earn 1.7%.


WWMC ==> Amaze ==> online spend. Does it earn 4mpd on WWMC?


For now maybe yes… so try it yourself.
Till Banks decided to exclude the transactions start with AMAZE*


Use cases are pretty limited. Only Mastercard can be linked. MCC exclusions still apply. Forex rates are pretty good compared to banks but Instarem’s rates for normal transfers are worse than Transferwise. How long until banks nerf this? Hopefully get a few months but it’s not earth shattering.


I hope it lives longer than GrabPay top-ups since this time we won’t have people calling up Citi or DBS asking if GrabPay top-ups qualify for 4mpd.


Worse? Instarem has better rates than Transferwise from SGD to MYR for starters.


I’m waiting for amaze to accept amex so I can pay insurance with amaze + UOB Absolute Cashback


Sign up process doesn’t work (to be precise the ID verification), both manual verification and via Singapass, tried on 3 devices and on 2 internet connections. Never managed to get through it due to (varying) error messages appearing at some point. Basically impossible to become a customer. Lousy.


Even if the ability to earn rewards via bank cards get nerfed, I’ll still prefer this card over something like YouTrip since there will be no orphan values left behind in the card. Although I might still hold on to my Revolut for the ability to withdraw cash overseas.


You can withdraw Revolut value free of charge to a Singapore bank account. Done it many times.


Bear is correct. Just link your Singapore bank account to Revolut. You can then transfer to and from your Revolut wallet FOC. Also, your Revolut card can be used for public transport so there are ways to use up that money without travelling.


I think if you make a habit of doing credit card topups and then withdrawals to your local bank account you’ll have problems – but the occasional withdrawal of small amounts left over from credit card topups seems to be ok.


Can use amaze to pay cardup/ ipaymy?


You really need to learn to read the article again, it’s written in plain and simple English after all.


This is a blog, we only read the title and the details we ask questions and spoonfed. what wrong?


There’s actually a reason why Aaron didn’t answer your question……. Perhaps some reflections.


I think you didn’t know how a blog works.

also, you know everything? never need to ask?


so you can read? you said you read the title? why dont you continue to read the article? if you used the time spent on the comments section on the main article instead, you could have finished the article and gotten you answer.



couldnt care less

i love it when keyboard warriors try and act smart and be so proud of knowing everything


“couldnt care less” but you replied!


called you out and WON

keyboard warrior 1, can care more 0!


Aaron… when you did the Amazon transaction with Amaze, did it require individual OTP to be inputted, or was it only required when you first linked the card?


It sounds awesome, but after three tries via SingPass, each of which getting me only a “Something went wrong – Got it” message, maybe I won’t link my payment methods with these people.


applied and waiting for the card to be delivered.
i dont have any useful mastercard on hand so have to add the posb everyday card first and tried to add ICBC global travel card afterwards, but fails every time (even swith from iphone to android) at the 3D verification stage (icbc’s problem).


The Instarem app doesn’t like rooted phones 🙁


Same goes to fintech/banking apps.


I am not from the credit card industry, but I would be curious about the security implications of routing transactions via the Amaze card. Card issuers have certain safeguards against credit card fraud by blocking suspicious transactions or sending alerts, for example. It’s not clear to me if any of these safeguards would be compromised by making the payment using the Amaze card. Would it be harder to dispute Amaze transactions with your issuing bank? Would the responsibility of blocking suspicious transactions now fall on Amaze (just like with PayPal)? How well will Amaze handle disputes or complaints about fraudulent… Read more »


is like using paypal. same concept.


As per DBS CSO, its highly likely that Amaze transaction may not earn bonus points with WWMC because there was no OTP 🙁
However CSO did mention to hold on till next month till bonus points are out.

I have remained discreet and ambiguous about Amaze- so just mentioned made an online payment through a different way.

@aaron any ideas?

Jon G

Hi Aaron

Ok. Managed to sign up using your referral code.

Simon Leung

I’ve spent like $3000+ via instarem and referred one person, but i haven’t been credited any points yet – anyone got any points yet?

it’s been over a week.


hi guys, i think its credited quarterly?

Ed A

Deleted and started a new comment instead

Last edited 2 years ago by Ed A

Hi Aaron, do you know if cards from the other multi-currency accounts like TransferWise/Revolut can be linked to the Amaze card?

If it works for say Revolut, you could stack 1% + 1% cashback on transactions (Revolut Metal provides 1% cashback)

Ed A

Hi aaron,

You mentioned that this card is considered a debit card but i wonder if it can work with merchants that accept NETS only ?

I.e. we plug this into their nets machine, key in the pin and charge it to our credit card.

If yes, i think there might be some use case for it too

Last edited 2 years ago by Ed A

Nets has nothing to do with it


I think HSBC already closed this loophole starting 2 Aug by introducing Everyday+ program of additional 1% cashback which excludes PayPal-like transactions.


They have very bad tech implementation. They will send you the email that you transaction was declined because of system error but balance already deducted from your cc and if you reach them then they will say oh sorry balance was already approved from our backend. We send you wrong email. Can you please check with the merchant.. so they expect customer to do here and there because of their errors. They will hold your money for 14days even though trx was declined and reverted. Maybe try to order and cancel any order from your cc you’ll see your amount… Read more »


I’ll suggest to not to use Amaze for any big transactions or for the merchant where you can’t contact to get refund because Amaze can approve the trx which was declined at merchant. So, if you can’t go to the merchant place again then maybe you’ll not able to settle your amount. For 1% of cashback maybe you’ll lose the whole principal amount 😟 I’ve faced this incident and decided to close my amaze account. If you add your cc then they will not allow to delete it even though there is an option but it will gives you error.… Read more »


oh dear thats scary!


Been using it for big transactions and haven’t faced that issue. That said in the event of disputes you can actually file for a claim with Mastercard’s liability protection under those circumstances.


Yeah all these fintech deals feel like picking up pennies in front of a steam roller. Risk/reward isn’t great and people get blaise until they lose all their money and find out they are actually unsecured creditors with zero protection.

Jessica Lawrence

anyone get referral points or cashback yet? over a month wait for me – nothing


Is it possible to add GPMC into Amaze as one of the 5 cards, and earn GrabRewards that way?


Tried, it doesnt work with GPMC

Benedict Deroose

Linked the physical Amaze card to DBS Womens World but transactions do not qualify for 10x points

SH Lim



I have 800 plus points now on my instarem. What do I do with it?


Just saw this in my email :(.
As of April 1, 2022, amaze cashback on SGD currency purchases will be updated to 0.5% while the cashback on non-SGD currency purchases will remain 1%.


hi Aaron
how did you get details on merchant category for your transactions? if already mentioned elsewhere, appreciate if you can direct me there


If paired with UOB PRVI Miles, do you think we can get the ongoing 4.4 miles per dollar promotion for overseas charges? I think it can be a good use of Amaze if that’s possible.


No. Two things. The Amaze txn is coded as online which is excluded by UOB. The Amaze txn is charged in SGD which is excluded by UOB. You have to physically use the UOB PRVI card at overseas payment terminals and not use DCC.


Then how come the article asks to pair Amaze with UOB Lady’s Card? I assume this is also excluded by UOB. And it would have convert the spend to an online transaction which will not earn 4mpd if that is the case.


FX rates aren’t as good as before! Yep, you can say that again. I am in New Zealand at the moment and the FX rate seems to be 3% now, no different to any other card. With the SGD/NZD rate at around 0.844 right now, and a transaction going through at 0.8701, I have stopped using the card in NZ.


FX fees for Amaze are closer to 2% now, as of Sep 2022

Last edited 1 year ago by JHH

As a DP, just used in Melbourne today and Amaze charged 2.51%


I just charged 15 mins ago for 2 Australia visa fees of AUD 20. First was using Amaze paired with Citi Rewards. It translated to S$18.26. This is 4% fx charge over google rate 17.56. Then for the 2nd visa fee, I charged directly to Citi rewards, the pending transaction shows $18.08, though not final until posted, but it does show much lower than Amaze.


Looks enticing enough still. But I’m still unclear how using Amaze will earn the 4 mpd. I’m using Maybank PremierWorld MasterCard

Last edited 1 year ago by Rudolf

I see on the uob ladies card that no points are awarded for transactions with AMAZE*TRANSIT. Does this exclude all amaze transactions or is this only for transit/transport related transactions using amaze?

Louis Tan

Just the transit-related ones.

Last edited 1 year ago by Louis Tan

Hi MileLion and guys, just wanted to check, if I link 2 different cards to my Amaze and I transact overseas, and I wish to claim VAT refund back to credit card, will the VAT refunds go back to my respective credit cards linked to my Amaze card?



Hi, if I pair Citi rewards to amaze card. Will I get 4 mpd for overseas expenditure? Is this considered travel related expenditure since amaze convert it to online transaction?


Hi everyone – sorry if this has been covered elsewhere, but if I use the Amaze card on Singapore public transport paired with the Citibank rewards card, would I still get 4mpd from Citibank (as it is “online” spend) or would this be excluded? Thanks in advance!


I just used it in Europe (France and Italy). Amaze charged rates which were all more than 2% away from the market rate. There is no point using it overseas any more.


Hi – for overseas remittance (i.e. sending money to a personal bank account outside of Singapore), can I a.) remit using my Amaze credit card (paired with CitiRewards) and b.) will it give me points for Citi? Thanks in advance!


Will we get 4mpd for paying condo MCST via AXS?


Not sure if it’s just me, but the spread that I was just charged was around 1.2% over the Mastercard rate. (USD to SGD)

Anyone with similar experience?


Just returned from Malaysia, the exchange rate almost the same as the Mastercard rate, with the DBS already excluded amaze for the reward points, it is silly to link the card.

I spent about 5500 RM for the hotel, and got 500 instarem point. (no DBS points), It would be better paying direct with the DBS Master card

Tell me one good reason to use the card if anyone has 🙂


Hi, i am unable to add this card into apple pay. anyone have the same issue?


Me too


Does this mean that for dental, i will still get 4mpd with Citi Rewards? Am confused with the instapoints paragraph

Ho Qi Xian

Amaze has changed, I have been charged more than 2% off Mastercard rates recently. And when I inform instaram of this they simply shrug it off and say they are offering competitive rates.

it’s a scam so pls be careful


I can understand the party winding-down. Afterall Amaze needs to make money at the end-of-the-day, and it was so good in the early days I can’t see how they could have been making money then. What “gets” me the most, is when the latest round of nurf’s come out, and they treat all their customer like total idiots, with a covering email saying something along the lines of “we have made these change to increase benefits to you so you have the best travel card”. This really annoys me. Why can’t they be honest? Do they thing we are stupid?… Read more »

Dennis C

I’m still confused by the discussion of using spot or Mastercard exchange rates. You are correct that if you are choosing between using a Mastercard credit card with Amaze versus without Amaze, then you compare against the Mastercard exchange rate. But if you are comparing whether to use a Mastercard credit card with Amaze versus using cash (Amaze wallet or Wise, Revolut or YouTrip), then shouldn’t you be comparing everything to spot rate? If the Amaze card and Amaze wallet exchange rate is different, then there is a difference and not everything compares back to Mastercard exchange rates. This is… Read more »


I wonder if it will ever end.

Does citi need amaze more than them

Does amaze need citi more than them?

These are important questions



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