InstaReM's AMAZE MasterCard

[259850]

no benefits expect cash flow purposes

And if you pay your credit card bills with Giro from HSBC EGA account. 1% cashback.

 

[BRYSG7]

And if you pay your credit card bills with Giro from HSBC EGA account. 1% cashback.

sadly I'm using HSBC card. so can't get the Giro cashback

 

[259850]

sadly I'm using HSBC card. so can't get the Giro cashback

Eh? Just get a MC from any other bank to top-up Amaze wallet and then use HSBC Giro to pay.

 

[wira]

Eh? Just get a MC from any other bank to top-up Amaze wallet and then use HSBC Giro to pay.

bro this won't work now ...
to transfer out from amaze wallet, if you transfer to grabpay, there is now a 2% fee.
unless you have a way to transfer out from amaze wallet w/o any fees

 

[Trazora]

bro this won't work now ...
to transfer out from amaze wallet, if you transfer to grabpay, there is now a 2% fee.
unless you have a way to transfer out from amaze wallet w/o any fees

they talking about using Amaze wallet for payment overseas

 

[wira]

they talking about using Amaze wallet for payment overseas

ok ..apologies ..my bad ...i thought using amaze wallet for MS ...lol
Pls ignore

 

[hwmook]

Just made some HKD payment, rate is 1.96% worse from spot rate, 1.75% worse from MC rate. Similar to my previous experiences a couple of months back, still let me save 1.5% off the 3.25% rate that CC like to charge. Add on 6 miles per dollar, still the best deal in town.

 

[BRYSG7]

I made a foreign currency transaction using wallet last month, will be refunded now. anyone has experience if it would be better to have it refunded back to the wallet or card? as in which yields a more favorable exchange rate

 

[comcrepe]

I made a foreign currency transaction using wallet last month, will be refunded now. anyone has experience if it would be better to have it refunded back to the wallet or card? as in which yields a more favorable exchange rate

From my experience, can only refund to the wallet. I had my payment source as credit card and for a couple of days, received refund rejected messages from the vendor. Then asked instarem customer service and was told I have to select wallet as payment source to receive the refund.

I did that and the refund went through. Quite silly as I have to remember to toggle between card and wallet just to receive the refund.

 

[BRYSG7]

From my experience, can only refund to the wallet. I had my payment source as credit card and for a couple of days, received refund rejected messages from the vendor. Then asked instarem customer service and was told I have to select wallet as payment source to receive the refund.

I did that and the refund went through. Quite silly as I have to remember to toggle between card and wallet just to receive the refund.

what was the rate/spread like? I had card transactions refunded to card, rate was horrible all in all maybe loss around 4% (forex difference aside)

 

[comcrepe]

what was the rate/spread like? I had card transactions refunded to card, rate was horrible all in all maybe loss around 4% (forex difference aside)

Sorry. No idea as I don't really bother with the exchange rate.

 

[Fellowes]

Hope for the day that this card can be added into Apple Pay.

 

[CrashWire]

Amaze Instapoints nerf for card-linked transactions has already come into effect. Now it's 1.3% markup instead of 0.8%.

 

[hwmook]

Amaze Instapoints nerf for card-linked transactions has already come into effect. Now it's 1.3% markup instead of 0.8%.

What can we do? Pay 3.25% to banks?

I just booked scoot tickets for travel from China, pay with amaze in rmb is still 3% cheaper than pay in SGD on scoot website. There isn't a 2nd choice IMO.

 

[BRYSG7]

What can we do? Pay 3.25% to banks?

I just booked scoot tickets for travel from China, pay with amaze in rmb is still 3% cheaper than pay in SGD on scoot website. There isn't a 2nd choice IMO.

Exactly, still a good product. Just not as good compared to when it was launched

 

[spikeling]

What can we do? Pay 3.25% to banks?

I just booked scoot tickets for travel from China, pay with amaze in rmb is still 3% cheaper than pay in SGD on scoot website. There isn't a 2nd choice IMO.

There are many 2nd chocies FYI.. Many local banks allow you to exchange foreign currencies online beforehand and then use debit cards to pay for the transactions without incurring fees.

For RMB, I will use BOC Zaobao credit card to make payments as BOC allow me to pay back in RMB too! Effectively avoiding any fees and earning cashback in the same time.

 

[hwmook]

There are many 2nd chocies FYI.. Many local banks allow you to exchange foreign currencies online beforehand and then use debit cards to pay for the transactions without incurring fees.

For RMB, I will use BOC Zaobao credit card to make payments as BOC allow me to pay back in RMB too! Effectively avoiding any fees and earning cashback in the same time.

I think you don't understand why amaze is good. It allow you to earn credit card rewards. My air tickets purchase earn me 6 miles/dollar, none of your 2nd choice came close.

 

[zumaba]

Just made some HKD payment, rate is 1.96% worse from spot rate, 1.75% worse from MC rate. Similar to my previous experiences a couple of months back, still let me save 1.5% off the 3.25% rate that CC like to charge. Add on 6 miles per dollar, still the best deal in town.

Sorry, where is the 6 miles coming from? 4miles from cards like Citi Rewards, plus 2 miles form Amaze rewards points?

 

[hwmook]

Sorry, where is the 6 miles coming from? 4miles from cards like Citi Rewards, plus 2 miles form Amaze rewards points?

UOB lady's card.

 

[BRYSG7]

There are many 2nd chocies FYI.. Many local banks allow you to exchange foreign currencies online beforehand and then use debit cards to pay for the transactions without incurring fees.

For RMB, I will use BOC Zaobao credit card to make payments as BOC allow me to pay back in RMB too! Effectively avoiding any fees and earning cashback in the same time.

for the same thing, Amaze gives you 0.5% cashback. rate might even be better than the bank