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.

Best American Express Credit CardsCard Features
Unlimited CashbackAmex True CashbackUnlimited 1.5% rebate + Amex benefits
Best for Welcome MilesAmex SIA KrisFlyerUp to 13,000 bonus miles, S$150 SIA credit
Exclusive MembershipsAmex SIA KF AscendElite perks inc. hotel & flight upgrades

Best Unlimited Cashback Card with Amex Benefits: American Express True Cashback Card

American Express True Cashback Card
American Express True Cashback Card

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
Promotions:
  • Earn +1% cashback boost on foreign currency transactions (for 2.5% total rebate)
  • Receive S$20 CapitaVoucher for each of 1st 2 supplementary cards

American Express True Cashback Card is an incredible option for high-spenders seeking unlimited earning potential for their monthly purchases. Cardholders enjoy 1.5% unlimited cashback, boosted to 3% for the first 6 months (up to S$150). Few competitors offer such a broad and lucrative welcome promotion. Essentially, this makes Amex True Cashback Card a great option if you know you have a few big upfront expenses–perhaps planning a wedding, or paying large hospital bills.

Another benefit of Amex True Cashback Card is access to top-notch American Express perks. These include Global Assist, Fraud Protection, free travel insurance, and access to American Express Selects dining privileges. Cardholders also have access to card-specific True Cashback promotions, which often offer travel and wedding-related discounts. While there’s a S$171.2 fee, it’s waived 1 year. Overall, if you’re a high-spending Amex loyalist, there’s no better option than American Express True Cashback Card.

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  • Annual fee: S$171.2, 1-year waiver
  • Unlimited 1.5% cashback on all spend
  • Free travel insurance & Amex Selects Privileges
  • Up to 22.2% fuel savings with SPC
  • Annual fee: S$171.2, 1-year waiver
  • Unlimited 1.5% cashback on all spend
  • Free travel insurance & Amex Selects Privileges
  • Up to 22.2% fuel savings with SPC

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

American Express Singapore Airlines KrisFlyer Credit Card
American Express Singapore Airlines KrisFlyer Credit Card

Consider this if you want to easily earn welcome bonus miles and fly mostly on Singapore Airlines' various brands

Annual Income Requirement S$30,000
Foreigner Income Requirement S$60,000
Promotions:
  • Spend S$5k within the 1st 3mo, receive 7,500 bonus miles
  • 5,000 bonus miles w/ 1st spend
  • S$150 Cashback for use with Singapore Airlines when you spend S$12,000
  • 500 bonus KrisFlyer miles with 1st Grab booking

Whether you’re a beginner to travel cards or just want to take advantage of great welcome bonuses, American Express Singapore Airlines KrisFlyer Card is the best option out there. Cardholders can earn up to 13,000 miles within 3 months: 5,000 miles with the first transaction, 7,500 with S$5,000 spend, and 500 with a first Grab booking. Even more, cardholders receive a S$150 SIA credit after S$12,000 spend. All-in-all, you can earn enough to cover a round-trip vacation in less than 1 year.

Amex SIA KF Card is also a great option for miles card ‘beginners.’ Cardholders earn 1.1 miles per S$1 spend, 2 miles overseas in June & December, 2 miles with SIA brands (SingaporeAir, SilkAir, KrisShop), and 3.1 miles with common merchants (Grab, Deliveroo, McDonald's & more). Miles earned are directly deposited into the cardholder’s KrisFlyer account, so there are no complicated transfers or miles conversion fees. Overall, Amex SIA KF Card is perfect if you want an easy-to-use travel card with some of the best welcome bonuses on the market.

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  • Annual fee: S$176.55, 1-year waiver
  • 1.1 miles per S$1 local & overseas spend, 2 miles overseas in June & December only
  • 2 miles per S$1 spend on SingaporeAir online & app, SilkAir, KrisShop in-flight & online
  • 3.1 miles per S$1 spend on select merchants (Grab, Deliveroo, Starbucks & more)
  • Free travel insurance
  • Hertz Gold Plus Rewards & Amex Selects Privileges
  • Annual fee: S$176.55, 1-year waiver
  • 1.1 miles per S$1 local & overseas spend, 2 miles overseas in June & December only
  • 2 miles per S$1 spend on SingaporeAir online & app, SilkAir, KrisShop in-flight & online
  • 3.1 miles per S$1 spend on select merchants (Grab, Deliveroo, Starbucks & more)
  • Free travel insurance
  • Hertz Gold Plus Rewards & Amex Selects Privileges

Best Card for Exclusive Travel Upgrades: American Express Singapore Airlines KrisFlyer Ascend Card

American Express Singapore Airlines KrisFlyer Ascend Credit Card
American Express Singapore Airlines KrisFlyer Ascend Credit Card

Consider this if you prioritise luxury perks like flight & hotel membership upgrades

Annual Income Requirement S$50,000
Foreigner Income Requirement S$60,000
Promotions:
  • Spend S$10k within the 1st 3mo, receive 15,000 bonus miles
  • 5,000 bonus miles w/ 1st spend
  • 1,500 KrisFlyer Miles each for the first two approved supplementary cards
  • 500 bonus KrisFlyer miles with 1st Grab booking

American Express Singapore Airlines KrisFlyer Ascend Card offers a great balance between competitive rates and unique, affordable travel perks. In terms of rewards, this card is fairly similar to Amex SIA KF Card: cardholders earn 1.2 miles per S$1 general spend (v. 1.1 miles), 2 miles on SIA brands and overseas in June & December, and 3.2 miles (v. 3.1 miles) with vendors like Starbucks, Deliveroo, Unity & more. Cardholders can also earn up to 20,000 bonus miles in just 3 months, assuming S$10k spend.

What makes Amex SIA KF Ascend Card stand out, however, is its top-notch travel perks. Cardholders enjoy 4 free lounge visits per year, a free hotel night, and free travel insurance. Even more, cardholders can earn membership upgrades to Hilton Honors Silver, KrisFlyer Elite Gold, and Hertz Gold Plus status–each of which come with special perks and privileges. Even with so many benefits, Amex SIA KF Ascend Card's fee is quite moderate, at S$337.05. This is far less than other luxury cards' fees, making this option more accessible while still providing significant value.

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  • Annual fee: S$337.05
  • 1.2 miles per S$1 local & overseas spend, 2 miles overseas in June & December only
  • 2 miles per S$1 spend on SingaporeAir online & app, SilkAir, KrisShop in-flight & online
  • 3.2 miles per S$1 spend on select merchants (Grab, McDonald's, Starbucks & more)
  • 4 free lounge visits/year, free annual hotel night, travel insurance
  • Access to Hilton Honors Silver & Krisflyer Elite Gold status
  • Annual fee: S$337.05
  • 1.2 miles per S$1 local & overseas spend, 2 miles overseas in June & December only
  • 2 miles per S$1 spend on SingaporeAir online & app, SilkAir, KrisShop in-flight & online
  • 3.2 miles per S$1 spend on select merchants (Grab, McDonald's, Starbucks & more)
  • 4 free lounge visits/year, free annual hotel night, travel insurance
  • Access to Hilton Honors Silver & Krisflyer Elite Gold status

Summary of Best American Express Credit Cards 2019

Below, we've prepared a summary of our picks for the best American Express credit cards 2019.

CardBest for...Annual Fee
Amex True CashbackUnlimited + Amex BenefitsS$171.2
Amex SIA KFBest Welcome MilesS$176.55
Amex SIA KF AscendMembership UpgradesS$337.05
CardBest for...Annual Fee
Amex True CashbackUnlimited + Amex BenefitsS$171.2
Amex SIA KFBest Welcome MilesS$176.55
Amex SIA KF AscendMembership UpgradesS$337.05

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 Card vs Standard Chartered Unlimited Cashback Card

Standard Chartered Unlimited Cashback Card offers high spenders both unlimited earning potential and top-notch transport perks. Cardholders earn 1.5% unlimited cashback on all spend, which is great for those that typically feel restrained by monthly rewards caps. In addition, the card is EZ-Link compatible and offers up to 21% fuel savings with Caltex.

Amex True Cashback Card offers the same rewards rate. While it lacks transport benefits, it offers a suite of Amex perks, including Global Assist, Fraud Protection, and American Express Selects dining deals. Overall, if you’re a high spender looking to save on your commute or transport, you may prefer SC Unlimited Cashback Card; if you’re an Amex loyalist, you may prefer Amex True Cashback Card.

Amex True Cashback Card vs Maybank FC Barcelona Visa Signature Card

Maybank FC Barcelona Visa Signature Card offers the highest unlimited rewards rate for local spend on the market–1.6%. Overseas spend earns just 0.8 miles per S$1 (equal to about 0.8% rebate). Unlike most competitors, Maybank FC Barcelona Card also has a fee waiver, with just S$10,000 annual spend.

Amex True Cashback Card offers 1.5% cashback, which is slightly lower as a local rate but almost double Maybank FC Barcelona Card’s overseas rate. In addition, while there’s no fee-waiver, the card does come with the best welcome promotion on the market. If you mostly spend locally, you may prefer Maybank FC Barcelona Card; if you often spend overseas, Amex True Cashback Card may be a better fit for you.

Amex SIA KrisFlyer Card vs Citi PremierMiles Visa Card

Citi PremierMiles Visa Card is one of the best options for travellers seeking affordable miles & perks. Cardholders earn 1.2 miles per S$1 locally, 2 miles overseas, and an annual bonus of 10,000 miles with each card renewal. Frequent welcome promotions offer up to 21,000 bonus miles (worth S$210). Finally, cardholders enjoy perks like 2 free lounge visits/year and free travel insurance.

Amex SIA KrisFlyer Card offers generally lower rewards rates and lacks travel perks. However, it matches or exceeds Citi PMV Card’s welcome bonuses, and is far more convenience–no transfers, no conversion fees. Consumers who want to take advantage of great promotions, but prefer a simpler, easy-to-use travel card may prefer Amex SIA KF Card.

*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.

Carrie Arndt

Carrie is a Senior Analyst at ValueChampion, specialising in credit cards in Singapore. She previously led consumer studies worldwide as a Senior Research Executive at MMR Research.

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