Get Up to S$365 Worth of Bitcoin for American Express (AMEX) Credit Card Sign-ups

Update: The American Express Bitcoin promotion is over. For the latest American Express credit card sign-up offer, pls check out here.

There is currently a very enticing promotion with Singsaver where you can receive up to S$365 worth of Bitcoin. New American Express cardholders (those who have not held an American Express card in the past 12 months) who apply for a credit card and get approved will receive S$265 worth of Bitcoin. If they are also within the first 2,000 successful applicants in the campaign, they will receive an extra S$100 worth of Bitcoin. This promotion is valid if you sign up until 10th October 2021 11:59pm.

Existing American Express cardholders who apply will also get a Bitcoin reward. Existing cardholders will receive S$50 worth of Bitcoin and if they are within the first 2,000 successful applicants, they will receive an additional S$50 worth of the cryptocurrency.

The current Bitcoin offer worth up to S$365 is among the most attractive, historically, for the sign-up reward for both new and existing American Express cardholders. 

Annual fee is waived for the first year for 3 of the cards listed below. You may be able to waive the annual fee for succeeding years if you actively use the card but if not, you can always cancel to avoid paying the annual fee. 

Note that this offer is valid only if you apply via the below exclusive links (direct application with American Express doesn’t count for the promotion). Why is that so? Singsaver actually acts as an aggregator and affiliate partner for American Express cards. 

After clicking submit on your credit card application, make sure to take note of your Application Reference Number. You will have to fill out a redemption form (automatically sent to your email once you make a card application) in order to be registered.

Once your card is approved, remember to spend at least S$500 (can be in multiple transactions) within 30 days of receiving your card in order to receive the reward. If you apply for the American Express Platinum or American Express Singapore Airlines Ascend KrisFlyer Card, you will be exempted from the minimum spend requirement since those cards require payment of annual fee. You will get an email within 16 weeks with instructions on how to claim your gift.

Here are the American Express cards that qualify for the promotion:

The American Express® True Cashback Card

Get 3% cashback for the first S$5,000 spend in the first 6 months. 1.5% cashback thereafter.

Annual Fee: S$171.20 (waived for first year)

Minimum Income Requirement: S$30,000 per year (Singapore citizens and PR) / S$60,000 (foreigners)

APPLY HERE

The American Express® Singapore Airlines KrisFlyer Credit Card

Receive 5,000 KrisFlyer miles as a welcome bonus after making your first spend (for first time AMEX Singapore airlines credit card applicants). Receive another 5,000 miles when you spend S$3,000 in the first 3 months of card membership. Earn up to 3.1 miles for every S$1 spend on eligible spend.

Annual Fee: S$171.60 (waived for first year)

Minimum Income Requirement: S$30,000 per year (Singapore citizens and PR) / S$60,000 (foreigners)

APPLY HERE

The American Express® Singapore Airlines Ascend KrisFlyer Credit Card

Receive 5,000 KrisFlyer miles as a welcome bonus after making your first spend (for first time AMEX Singapore airlines credit card applicants). Earn up to 3.2 miles for every S$1 spend. Enjoy a free night each year at participating Hilton hotels in Asia Pacific and enjoy 4 free lounge passes to any participating SATS Premier and Plaza Premium lounges each year. 

Annual Fee: S$337.05

Minimum Income Requirement: S$50,000 per year (Singapore citizens and PR) / S$60,000 (foreigners)

APPLY HERE

The American Express® CapitaCard

Enjoy up to 3% rebate when spending at participating merchants in CapitaLand malls and receive 3-hour free parking per mall, per day, when spending S$1,200 in each calendar month.

Annual Fee: S$171.20 (waived for first year)

Minimum Income Requirement: S$30,000 per year (Singapore citizens and PR) / S$60,000 (foreigners)

APPLY HERE

The American Express® Platinum Credit Card

Enjoy up to 50% discount in restaurant and hotel dining under the Love Dining programme. 

Annual Fee: S$321

Minimum Income Requirement: S$80,000 per year

APPLY HERE

Why is the sign-up gift so attractive?

The traditional way of getting new card sign ups – that of hiring promoters and organizing roadshows in areas with heavy foot traffic – actually cost a lot of money. Many card companies have resorted to doing it online for the past few years – often through the help of aggregators such as Singsaver. The cost saving allows them to offer attractive gifts from time to time such as cash, luggage or in this case, Bitcoin. In this case, both the credit card issuing bank and Singsaver could also jointly fund the gift.

How will the cryptocurrency be sent to me?

Within 16 weeks from meeting the spend criteria, you will receive an email from Singsaver on how to redeem your Bitcoin reward. It will be deposited to a Bitcoin wallet for you to claim under your name.

Fulfillment of this promotion is done by Singsaver. You can check here for the full T&C.

Do note as well that Singsaver or Seedly will never ask you for your wallet address or ask you to transfer cryptocurrencies to them. Watch out for spoof accounts and you can email: info@singsaver.com.sg if you have additional questions about this campaign.