What is the difference between spending via amaze wallet and spending via the amaze card linked to a Mastercard debit/credit card?

Spending via amaze wallet:

  • The amaze wallet can hold up to the maximum amount specified within the
    Instarem app in one day, with an annual spending limit of 75,000 SGD per
    calendar year.
  • Entitles you to earn InstaPoints on both domestic and foreign currency spend.
    You can convert the points to KrisFlyer miles in your app or use them as
    discounts on money transfers.
  • Domestic and foreign currency spends via the amaze wallet are fee-free.

Spending via amaze linked to a Mastercard credit or debit card:

  • The per-transaction spending limit is 50,000 SGD (or equivalent). It is also
    subject to the linked card’s respective card issuer limit, whichever is lower.
  • Does not earn you InstaPoints. You may earn rewards (if any) from your card-issuing
    bank, subject to the bank’s terms and conditions.
  • Domestic spends via a linked card are subject to a 1% domestic fee (minimum 0.50 SGD).

Related FAQs

How do I use the amaze wallet? Are there any fees charged for topping up the amaze wallet? What are the minimum and maximum amounts that I can top up to my amaze wallet? Can I withdraw my wallet balance amount? What happens to my amaze wallet balance if I wish to close my Instarem account? What happens if I have insufficient balance in my wallet?

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