Best American Express Credit Cards 2019

Because there are hundreds of different cards with countless variations of benefits, choosing a credit card that best fits your lifestyle could seem to be an insurmountable challenge. Among the 100+ options we have analyzed, below you'll find some of the best American Express credit cards available in Singapore.

Table of Contents

American Express True Cashback Card: Unlimited 1.5% Cashback

Consider this if you want unlimited amount of cash rebate and value American Express's services

Annual Income Requirement S$30,000
Foreigner Income Requirement S$60,000

American Express True Cashback Card is a great flat rate cashback card that combines value and convenience. A decent flat rate card provides convenience by significantly reducing the complexity of dealing with multiple card bills and various spend requirements. Amex True Cashback is just such a card because it offers a flat rate of 1.5% cashback on everything, and a boost to 3% during the first 6 months. It has no cap on cashback or monthly spend requirement, making it extremely easy to use.


  • Annual fee: S$171.2, waived for the 1st year
  • 1.5% cashback on everything
  • No cap on cashback or monthly spend requirement
  • Promotion: 3% cashback rewards rate boost for the first 6 months for up to S$5,000 of spend
  • Read Our Full Review

American Express Singapore Airlines KrisFlyer Card: Best for Welcome Bonus Miles

Consider this if you want an easy to use miles card and fly mostly on Singapore Airline's various brands

Annual Income Requirement S$30,000
Foreigner Income Requirement S$60,000

American Express Singapore Airlines KrisFlyer Card is great for people who are looking for large welcome bonus miles. While its award of 1.1 mile per S$1 spent locally and 2 miles per S$1 spent overseas or on and are pretty standard, this card provides an opportunity to easily earn more than 20,000 miles quickly. Not only that, Amex Singapore Airlines KrisFlyer card provides the easiest way of redeeming miles that doesn’t require additional fees or long processing time because KrisFlyer miles are directly deposited into your KrisFlyer account. Being an American Express card, it also grants you various deals from American Express Select program that can help you save money at a number of restaurants and shops.


  • Annual fee: S$176.55, first year fee waived
  • 1.1 miles per S$1 of local spend, 2 miles per S$1 spent on,, KrisShop and SilkAir SkyShop
  • 2 miles per S$1 spent overseas in June and December
  • 3.2 KrisFlyer miles per S$1 spent on Grab and Uber rides
  • Access to American Express Selects
  • Promotions: Up to 20,000 bonus KrisFlyer Miles when you spend S$5,000 in the first 3 months
  • 1,500 KrisFlyer Miles each for the first two approved supplementary cards
  • S$150 Cashback for use with Singapore Airlines when you spend S$12,000
  • Get 1 chance for every S$50 spend on your card in each monthly draw to win 2 business class tickets to 12 destinations in the world (varies by month)
  • Read Our Full Review

Compare the Best American Express Credit Cards

In case you want a quick look at our picks, here are ValueChampion's best Amex credit cards.

Best Amex CardsSummaryAnnual Fee
Amex True CashbackUnlimited Cashback of 1.5%S$171.2Learn More
Amex Singapore Airlines KrisFlyerUp to 14,000 Bonus MilesS$176.6Learn More
Amex Singapore Airlines KrisFlyer AscendUp to 21,000 Bonus MilesS$337.1Learn More
Amex PlatinumA Basic Credit CardS$321Learn More
Best Amex CardsSummaryAnnual Fee
Amex True CashbackLearn MoreUnlimited Cashback of 1.5%S$171.2
Amex Singapore Airlines KrisFlyerLearn MoreUp to 14,000 Bonus MilesS$176.6
Amex Singapore Airlines KrisFlyer AscendLearn MoreUp to 21,000 Bonus MilesS$337.1
Amex PlatinumLearn MoreA Basic Credit CardS$321

Similar cards from other banks to consider

Learn how the best American Express credit cards differ from similar offerings from other banks. We have analyzed each card carefully to highlight its strengths and weaknesses. Below, we calculate how much money one can earn or save by using a certain card over a 2-year period. By adding up the cashback, mile awards and promotions that you can earn with each card, we can give you an idea of which Amex credit card is the best for your circumstances. Do note, however, that your choice depends heavily on your individual spending habits and reward preferences, so you should make sure to read our credit card reviews that we've prepared.

A graph displaying how best American Express credit cards compare to other cards in Singapore in terms of their rewards
Comparing Dollar Value of Best American Express Cards with Similar Cards from Other Banks

Amex True Cashback vs UOB One Card

UOB One Card

UOB One is likely the best flat-rate cashback card in Singapore. For people who can monitor their expenses closely, it can earn up to 5% cashback on all expenditures, a much higher rate than 1.5% from Amex True Cashback. The only downside of the card is that its cashback is capped at S$100 per month while Amex True Cashback does not have a limit. It could also be rather complicated to use, because to it awards different rate of cashback for people who spend at least S$2,000 monthly and for people who spend at least S$1,000 monthly. Hence, for people who are willing to take the time to make sure to maintain S$2,000 of expenditure every month, UOB One is the best way to go.

Amex True Cashback vs ANZ Optimum World

ANZ Optimum World MasterCard Credit Card

ANZ Optimum World MasterCard card is a flat rate cashback card with a slight twist. It allows the customer to choose a category every quarter, and awards 5% cashback for that category for the quarter. All other purchases qualify for 1% cashback. The four optiosn from ANZ Optimum include dining & leisure, travel, shopping and groceries. ANZ Optimum could be a nice supplementary card to other rewards cards given its flexibility and lack of minimum spend requirement.

Amex Krisflyer vs Citi PremierMiles Card

Citi PremierMiles card may be a better choice for an average consumer who is willing to jump through more hoops to enjoy travel perks. It has a better award rate of 1.2 miles per S$1 spent locally and 2 miles per S$1 spent overseas, plus an awesome welcome bonus of 30,000 miles. While Amex KrisFlyer card is quite limited to Singapore Air and its subsidiaries, Citi PremierMiles Card’s Citi Miles can be redeemed with many travel companies under Star Alliance, Sky Team, Hilton Hotels and IHG. Therefore, we think Citi PremierMiles is a much better travel card for those who are comfortable with the miles redemption process.

Amex KrisFlyer vs DBS Altitude Visa Signature Card

DBS Altitude is another great travel card for average consumers who are happy to forgo Citi PremierMiles card's bonus awards in exchange for annual fee waiver. Its awards are actually identical to Citi PremierMiles Card except for three things: travel miles, annual fee and welcome bonus. DBS Altitude offers 3 miles per S$1 spent on online travel bookings while Amex KrisFlyer or Citi PremierMiles only offer 1.1-1.2 miles. Furthermore, DBS Altitude waivers the S$195.6 annual fee if for anyone who can spend at least S$25,000 annually. Hence, we recommend DBS Altitude for average consumers who value annual fee waivers over rich welcome bonus miles.

Amex KrisFlyer vs ANZ Travel Visa Card

ANZ Travel Visa Signature Card

ANZ Travel Visa Signature Card is great for people who frequent Australia or Singapore. For these people, it’s almost impossible to beat the 2.8 miles spent in Australia or New Zealand, or on Qantas Airways and Jetstar Airways. ANZ Travel card also earns you a great flat rate of 1.4 miles on your local spend, which is much higher than 1.1 miles offered by Amex KrisFlyer card. As with most other mile programs, every mile is transferrable 1 for 1 to Asia Miles or Krisflyer Miles, with small fee of S$25 and some processing time.

*ValueChampion calculates the dollar value of rewards based on S$2,000 of monthly spending. We sum the value of points, miles and cashback in dollar terms and subtract the annual fee over a 24-month period. The estimates here are ValueChampion's alone, and have not been reviewed, approved or otherwise endorsed by the credit card issuer.

Duckju Kang

Duckju is the Senior Vice President of ValueChampion Singapore. He covers the financial services industry, consumer finance products, budgeting, and investing. He previously worked in the financial services industry, including at such hedge funds as Tiger Asia and Cadian Capital.

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