InstaReM's AMAZE MasterCard

[ekardo]

Obviously he is trying to tell you that he dont mind additionally paying 1-2% worth of fees in exchange for 4MPD? You still dont get it?

oh ya.. didnt get it...

is it still worth to pay 1% for the 4mpd ?

 

[Insatiable_creat]

1% fee as per following link, no ?

https://www.instarem.com/blog/terms-and-conditions/mcc-exclusions/#table-sgd

They are just making it inconvenient for users... Keep this up and people will start dropping this card. Bet there will be many who didn't read the email. Can't imagine having to think twice every time I pay using this card to avoid the 1%.

 

[dao]

Just received email from instarem

There will be 1% fees charged for SGD transactions charged to card for select merchants.

These include payments for insurance, healthcare, education, car dealers, and business services

More details here

https://www.instarem.com/blog/terms-and-conditions/mcc-exclusions/#table-sgd

I click the link. Didn't get me to the article. They removed it?

 

[naro]

I click the link. Didn't get me to the article. They removed it?

Try this.
https://www.instarem.com/blog/terms-and-conditions/mcc-exclusions/

 

[swordspirit]

Shifting off-line spending to UOB PPV or lady's card. Healthcare pay online using citi rewards. Think goodbye to amaze card already.

 

[Trazora]

Try this.
https://www.instarem.com/blog/terms-and-conditions/mcc-exclusions/

earlier on they removed the article, now it is back

 

[xiaosinsinful]

oh ya.. didnt get it...

is it still worth to pay 1% for the 4mpd ?

They are just making it inconvenient for users... Keep this up and people will start dropping this card. Bet there will be many who didn't read the email. Can't imagine having to think twice every time I pay using this card to avoid the 1%.

Try this.
https://www.instarem.com/blog/terms-and-conditions/mcc-exclusions/

Shifting off-line spending to UOB PPV or lady's card. Healthcare pay online using citi rewards. Think goodbye to amaze card already.

what’s happening to this card?
gone where the days where is simple and straightforward everything included with no fee + 1% rebate

seems like they are trying to be the next grab?

 

[xRenol]

Does FX (non-SGD) transactions means overseas transactions are still free when paying with a linked card with the new fee changes?

 

[Exclusive10]

what’s happening to this card?
gone where the days where is simple and straightforward everything included with no fee + 1% rebate

seems like they are trying to be the next grab?

yahhh indeed.... no wonder is like dejavu feeling

 

[Exclusive10]

am i right to say use citirewards to top up amaze wallet not consider ?

if so, then what's the benefit of using amaze after the new charges take effect ?

 

[IcYFl4mEz]

am i right to say use citirewards to top up amaze wallet not consider ?

if so, then what's the benefit of using amaze after the new charges take effect ?

if u r using amaze + CRMC , nothing much affected as long as not under those cat

 

[259850]

if so, then what's the benefit of using amaze after the new charges take effect ?

1. To lower FX spreads when using cards overseas while continuing to earn the same amount of miles. E.g. dining while on holiday using UOB Lady's Card will earn 6mpd but with a 3.5% FX fee. Layering Amaze into the equation lowers the FX fee to <2%, but you still earn 6mpd.

2. Converting offline local and foreign currency spend to online, which allows you to earn more miles on cards like CRMC (yes, some categories now cost 1% more but everything else don't) or UOB Krisflyer (on certain shopping categories).

 

[Trazora]

Does FX (non-SGD) transactions means overseas transactions are still free when paying with a linked card with the new fee changes?

no lah, it just saying no 2.8% to 3.5% fx fees like in the case of bank CC

 

[xRenol]

no lah, it just saying no 2.8% to 3.5% fx fees like in the case of bank CC

Sorry, I am referring to the amaze transaction fee of 1%.

 

[Trazora]

Sorry, I am referring to the amaze transaction fee of 1%.

The fx u quoted has nothing to do with the new 1% fee. The 1% fee only apply to SGD spend with the selected MCCs.

 

[BRYSG7]

Shifting off-line spending to UOB PPV or lady's card. Healthcare pay online using citi rewards. Think goodbye to amaze card already.

how to do healthcare payment online?

 

[derekliu]

Shifting off-line spending to UOB PPV or lady's card. Healthcare pay online using citi rewards. Think goodbye to amaze card already.

The amaze + CRMC combo is still good for overseas transactions to clock 4mpd with lower FCY rates than usual bank rates.

 

[Trazora]

how to do healthcare payment online?

healthhub is online

 

[xRenol]

already answered no, the fx u quoted has nothing to do with the new 1% fee. Overseas spend in the list of MCC will still incur 1%.

I thought the 1% fee is applicable to chargeable SGD transactions only?

Overseas spending but charge in SGD to the card is considered FX or SGD transaction?

 

[Insatiable_creat]

Milelion wrote about the changes liao

https://milelion.com/2023/10/04/ama...-transactions-lowers-fee-for-grabpay-top-ups/