Best American Express Credit Cards In Singapore (2023)

SingSaver team

SingSaver team

Last updated 14 December, 2022

Every spending situation is unique. SingSaver assembles the 'Best For' list, so you can decide what’s best for you.


Go places with these top Amex credit cards, from the Singapore Airlines KrisFlyer Blue to the True Cashback.

Being a global brand, American Express is known for its superior customer service as well as worldwide acceptance of its credit cards. In Singapore, the most common perk is the ability to travel with one of the world’s leading airlines – Singapore Airlines, especially if you own one of their co-branded cards like the Singapore Airlines KrisFlyer Blue or Ascend

With these cards, you won’t have to worry about converting your miles to KrisFlyer miles and be charged the usual air miles conversion fees. A little less known benefit of American Express cards is that you can also benefit from luxury staycation experiences and shopping privileges around Singapore. 

Here is a summary of the best Amex credit cards in Singapore for 2023.




Best American Express Cards in Singapore 2023

Credit Card Best For Key benefits
Amex Singapore Airlines Krisflyer Entry-level miles card 3.1 miles for Grab rides
No miles conversion fees
Amex Krisflyer Ascend Airport lounge access 4X complimentary airport lounge passes 
Complimentary night stay at Hilton properties
Accelerated upgrade to KrisFlyer Elite Gold
Amex Platinum Card Dining and entertainment 50% off with Love Dining programme 
1-for-1 drinks at selected bars
Amex True Cashback Cashback 1.5% unlimited cashback
Amex CapitaCard CapitaLand shopping CapitaLand vouchers 
Free parking at CapitaMalls
Amex Rewards Card Low spenders 50% to 100% bonus rewards points on chosen spends every time, everywhere 

Best for entry-level miles chasers: American Express Singapore Airlines KrisFlyer Blue

If you’re commuting regularly with Grab and wishing you were on a Singapore Airlines flight, the American Express Singapore Airlines KrisFlyer card will get you there faster. 

Every S$1 spent on Grab will earn you 3.1 KrisFlyer miles (excluding top-up charges for GrabPay). For every S$1 spent on Singaporeair.com, SingaporeAir mobile app and KrisShop (in-flight and online), you’ll get 2 KrisFlyer miles with no cap.

High spenders will also receive S$150 Cashback for use on your next purchase when you spend S$12,000 on your card, available until 30 June 2023. The first-year annual fee is waived for both the primary and supplementary card members. 

Cardholders will also enjoy 500 bonus KrisFlyer miles on their first telco recurring bill spent at participating merchants.

The downside? Grab rides are capped at S$200 each calendar month in terms of the maximum eligible amount for the KrisFlyer miles earn rate. However, if you do clock S$200 of Grab rides monthly, the points you’ll earn in a year (7,440 miles) are almost equivalent to a one-way ticket to Bali.


 

Best for airport lounge access: American Express Singapore Airlines KrisFlyer Ascend

If you want to enjoy luxury travel but don’t have the budget, the American Express Singapore Airlines KrisFlyer Ascend Card, can be your saviour.

This card rewards you with miles pretty quickly. For first-timers to the card, receive 5,000 KrisFlyer miles the very first time you charge to the card. You’ll receive another round of bonus miles as well, provided you hit a certain amount of spending in the first three months. This is dependent on the seasonal promotion.

You can also skip crowded food courts with four complimentary passes each year to SATS Premier Lounge in Singapore and Plaza Premium Lounges around the world. You’ll also receive a complimentary night’s stay each year at one of over 110 Hilton Properties in Asia Pacific, as well as a complimentary upgrade to Hilton Honors Silver membership tier. 

If you intend to tick off as many countries on your bucket list as possible, this card also provides an accelerated upgrade to KrisFlyer Elite Gold membership tier with a minimum S$15,000 spend over 12 months. 

It is worth noting that similar to the American Express Singapore Airlines KrisFlyer card above, you can Grab your way to additional miles; every S$1 spent on eligible Grab Singapore transactions earns you 3.2 KrisFlyer miles, subject to a cap of S$200 each month.

The card is targeted at people with an annual minimum income of S$50,000, compared to S$30,000 needed for the American Express KrisFlyer Blue card.

 

SingSaver Exclusive Offer: Receive 21,500 KrisFlyer Miles (worth a return trip to Bali on SIA Economy) when you make a min. spend of S$1,000 and annual fee payment within the first month of card approval. Valid till 28 February 2023. T&Cs apply.


 

Best for dining and entertainment: American Express Platinum Credit Card

For those of you who are serious foodies, the Amex Platinum card is the perfect dining and entertainment companion. 

Impress your clients, dates, boss, friends or family with Love Dining @ Restaurants privileges, which give you up to 50% savings at a selection of popular restaurants and selected luxury hotels in Singapore, such as Fairmont Singapore, Swissôtel The Stamford Singapore and Swissôtel Merchant Court. 

But gourmet pleasures can’t come without a side of tipples. The ‘Chillax! by American Express Platinum’ program gives you one more reason to celebrate the end of the work week at popular bars in Singapore; you can stand to enjoy complimentary cocktails at places like Anti:Dote and Horse’s Mouth Bar. 

You can also indulge with a trip to the spa with vouchers and discounts offered at selected spas, including Adeva Spa and Spa Rael. For every S$1.60 spent, earn 2 membership reward points which can be redeemed for over 200 rewards, or you can redeem for miles without incurring any conversion fees. Plus, your points never expire. 

New signups will receive 2,500 bonus Membership Rewards® points with minimum spending of S$2,000. The minimum income requirement for this card is also higher than most; Singaporeans and PRs need to earn at least S$50,000 a year. 

[⭐ UPDATE ⭐] 

Starting from early 2023, Platinum cardholders stand to earn new benefits up to S$1,200 a year, in addition to existing privileges.

Some perks to expect in 2023 include:

  • S$400 Global Dining Credit: Access to over 2,000 restaurants in 20 countries
  • S$204 Entertainment Credit: For music streaming and news subscriptions
  • S$200 Airline Credit
  • S$400 Lifestyle Credit: Access to a slew of lifestyle experiences and services e.g. wine and spa services

However, do note, the current S$800 Travel Credits consisting of S$400 Air Travel Credit and S$400 Lodging Credit will cease activity from 31 January 2023. Thus, cardholders are encouraged to make flight and accommodation bookings through American Express Travel Online prior to that date.

Moreover, those bookings are eligible for a one-time bonus of 5,000 Membership Rewards points. T&Cs apply. 

Otherwise, all in all, the new roster of AMEX Platinum privileges is valued at over S$7,400, with no change to the annual fee. Being spoilt for choice is an  understatement.


AMEX_PLAT_MARSHALL_BLOGARTICLE

SingSaver's Exclusive Offer: Receive a Marshall Major IV Headphones (worth S$269) or S$200 cash when you make a min. spend of S$500 and annual fee payment within the first month of card approval. Valid till 8 January 2023. T&Cs apply.

 


Best for cashback: American Express True Cashback Card

If you like the idea of simplicity, immediate rewards and no-nonsense cashback, then the American Express True Cashback Card is your go-to American Express card.  

We can see why it features a ‘True’ in the name. You get 1.5% cashback on ALL spending without being subject to any minimum monthly spending or cashback caps. That means there is absolutely no need to track any categories of spending.

The first six ‘honeymoon’ months are made even better for you as the cashback rate you’ll enjoy is doubled to 3%, although that is subject to a maximum of S$5,000.

After this promotional period of 6 months, the cashback rate drops to 1.5%, so remember to time a big purchase when you apply for this card! 

Singaporeans and PRs will only need to have an annual income of S$30,000 to qualify. The card annual fee is S$171.20 and only the first year is waived. Be careful not to overindulge because there is a high interest of 26.9% if full payment is not made within the due date.


Best for CapitaLand shopping: American Express CapitaCard

High tea promotions with AMEX cards

Calling all Capita-shoppers! If you do most of your shopping at CapitaLand malls such as Bugis Junction, ION Orchard, Funan and Westgate, be sure you have the American Express CapitaCard by your side!

For starters, you’ll earn 5 STAR$® for every S$1 spent on eligible purchases. But if you were to do it at participating CapitaLand malls, it’ll be fast-tracked to 3X STAR$® (15 STAR$®). It doesn’t stop there; under the STAR$® X'TRA programme, you’d be looking at up to 10X STAR$® at selected outlets in participating CapitaLand Malls. 

You must be wondering what you can do with these STAR$® chalked up. For every 10,000 STAR$® you gain, you can redeem a S$10 CapitaVoucher to offset your purchases. That’s a $10 discount for every S$667 spent, assuming the fast-tracked earning tier of 15 STAR$® per dollar spent. 

Complimentary three-hour parking at CapitaLand malls is also part of the deal for American Express CapitaLand card members, provided that a minimum spending of S$1,200 per month is reached. 


Best for low spenders: American Express Rewards card

If you don’t want to spend extravagantly but still want a way to earn rewards points and miles quickly, the American Express Rewards card allows you to do just that. 

With a reasonable $5,000 spend per calendar year, you will receive 50% bonus Membership Rewards® points on all spends. This bonus rate is supercharged to 100% in the first three months of card membership. Just be sure to pick your Favourite five places (there are 150 outlets to choose from, including supermarkets, petrol stations, fashion outlets, restaurants and electronic stores) where the bonus Membership Rewards® points are active. 

For those saving up for a globe-trotting spree, you can easily convert your Membership Rewards points to frequent flyer miles with over 40 airlines worldwide. Another major plus is that Membership Rewards points never expire, which allows you to accumulate the points before a major redemption.


Read these next:
American Express Singapore Airlines KrisFlyer Card Review
American Express True Cashback Card Review (2022)
Credit Cards With The Best Dining Perks
Cashback vs Miles vs Rewards: Which Is The Best Type Of Credit Card For You?
Credit Card Welcome Offer: A Comparison of The Best Gifts

 

At SingSaver, we make personal finance accessible with easy to understand personal finance reads, tools and money hacks that simplify all of life’s financial decisions for you.