Forum
Last updated: 

Is there a limit on how much Cashback one can earn every month using The American Express True Cashback Card?

Who can confirm the limit on how much Cashback one can earn every month using the American Express True Cashback Card and are there any complicated requirements to qualify for Cashbacks like minimum spends and category tracking?

User comments

  • user image

    No Name

    The American Express True Cashback Card gives a 3% Cashback on all eligible purchases you make locally and overseas all up to S$5,000 spend for the first 6 months. After the welcome Cashback bonus, you can continue to earn 1.5% Cashback on all your eligible purchases, locally and overseas. From small to large expenses like home improvement or a plane ticket for the next getaway, there are endless ways to earn Cashback. And you can even register your Card to enjoy additional 1% Cashback on all your Foreign Currency spend, on top of the 3% Welcome Bonus or 1.5% Cashback thereafter. With no minimum spend and no earn cap. There are no minimum spend and no categories to track with complicated requirements to qualify for Cashback. You will be earning Cashback on every eligible dollar spent. Finally note there is no limit on how much Cashback you can earn every month. You earn Cashback for all eligible purchases you make on your Card, with instant gratification in getting your Cashback immediately in the same month's statement as your purchases.

    2019.08.01 5:31

Please leave your knowledge and opinion!

Recommending Reviews

Customer care service at top notch

This is my first credit card and I was pleased with the process as the application was absolutely stress free and smooth with customer care service at top notch. I actually felt taken care of and it appeared I could rely on customer care service for virtually any issue. Plus they have a simple tracking system of cashback rewards, with a good App and web UI/UX.

American Express True Cashback Card / American Express International

A great cashback card for people who are making large expensive life commitments

As is the case with most unlimited cashback cards, the Amex True Cashback Card is a great cashback card for people who are making hugely expensive life transitions. For example paying for a 5-star hotel wedding banquet or moving into a new home type of purchases would fit perfectly with this card.

American Express True Cashback Card / American Express International

This credit card can not be used to repay your home loan.

Before we get all excited, let’s first try to put the record straight, and that is that you cannot use your credit card to repay your home loan. I find this to be very unfortunately but irrespective, it pays to sign up for a credit card with very relaxed terms & conditions when you’re about to move in to your new home. That is because, apart from home loan repayments, you’re going to be paying for a lot of assorted items like furniture, appliances, renovations, an interior designer, etc. Many of these won’t fall into bonus cashback categories like online shopping, dining or groceries.

American Express True Cashback Card / American Express International

Benefit even more from the True Cashback Card when you travel overseas

It is worthy to note that you can benefit even more from the True Cashback Card when you travel overseas. You get to enjoy an additional 1% cashback on all foreign currency spending with no minimum spending requirements, even through your Welcome Bonus period. In order to enjoy the additional 1% cashback, existing and new card members must register online at amex.co/tcbfcs.

American Express True Cashback Card / American Express International

Enjoy 3% cashback on everything you spend on in the first 6 months up to $5,000

Generally this is a cashback card as you get to enjoy 3% cashback on everything you spend on in the first 6 months up to $5,000. Subsequently, you get 1.5% cashback. At first glance, the cashback rate of 1.5% may not be impressive especially when other cards are offering cashback rates as high as 6% to 9%. But upon closer inspection, cards that offer very high cashback rates usually only do so subject to two conditions; spending in certain categories, and that you satisfy their minimum spending requirements.

American Express True Cashback Card / American Express International

1.5% cashback rate is offered with no strings attached.

While certain cards might limit their generous cashback rate to specific categories for e.g. online purchases only, and/or require you to spend at least $600 a month to qualify for the cashback. In that respect therein lies the American Express True Cashback Card’s real strength, which is their 1.5% cashback rate is offered with no strings attached.

American Express True Cashback Card / American Express International

Recommending Forums

I am a student and want to reap extra benefits like air miles when I use my card to pay my school fees, which card will benefit me?

American Express True Cashback Card

I know there are many but what is the best credit card to use to book Singapore Airlines for cash back?

American Express True Cashback Card

What are the advantages of an Amex True Cashback Card for a fresh graduate earning about $3,000 with a monthly spend of $1,500?

American Express True Cashback Card

Related Forums

What is the best unlimited mobile data plan in Singapore?

WHat is the cheapest unlimited mobile data plan in Singapore?

I'm looking for an unlimited mobile data plan that is cheap and reliable. I already have one which offers me Unlimited data and unlimited call and SMS but I'm currently on a budget and I don;t really call or send SMS so I'm looking for a low priced but reliable unlimited mobile data plan with adequate speed.

I'm investing on a farm abroad by using my credit card.I got scammed

At what age can you get a landline in Singapore?

What skills should I have to be a good investor?

Who are the foreigner that would affected by the changes in the laws of borrowing money?

Related Reviews

Zero Travel Related Online Merchants

The Citi SMRT card is a pretty decent card for spending but they unfortunately exclude travel related online merchants. This to me is the downside of the card and may be a reason to get another card for travel websites.

Citi Prestige Card / Citibank Singapore

Poor Customer Service

I am quite very disappointed with this card as I have never received the vouchers for all the points I have accumulated so far. I have on several occasions made complaints via the phone and even in person, but all to no avail. I would not recommend this card to anyone for this reason, i have to say unfortunately.

Citi Rewards Card / Citibank Singapore

When I apply via MyInfoget I get to use my card instantly

So it is really convenient that I can get and use my card instantly when I apply via MyInfo. And the cards instant digital card that can be used for mobile wallets, online and mobile app purchases. Now aside from the same day physical credit card issuance for online applications you also get S$50 cash rebate upon approval with no minimum spend required. However that is only for new OCBC Credit Card applications.

OCBC Robinsons Group Credit Card / Oversea-Chinese Banking Corporation

Too bad it is not an unlimited cashback card

Unfortunately, the HSBC advance card is not an unlimited cashback card as they have a cap on the cashback per month, even for advance banking clients. Furthermore, if you are not an advance banking client, you would not get subsequent card fee waiver if you do not get to spend at least $12,000 in a year.

HSBC Advance Credit Card / HSBC Bank Singapore

Customer care service at top notch

This is my first credit card and I was pleased with the process as the application was absolutely stress free and smooth with customer care service at top notch. I actually felt taken care of and it appeared I could rely on customer care service for virtually any issue. Plus they have a simple tracking system of cashback rewards, with a good App and web UI/UX.

American Express True Cashback Card / American Express International

This card gives me $80 cash rebates every month.

I fancy the OCBC 365 credit because it has cash rebate of $80, but only after you full fill their criteria. They require a minimum spending of $800 per month which in turn earns interest from different spending. This card suits me just fine being that I have broad spending habit and in the process it gives me $80 cash rebates every month. My only dislike is the rebate on the general spending which is 0.3%.

OCBC 365 Credit Card / Oversea-Chinese Banking Corporation