The American Express® Singapore Airlines Business Credit Card

The American Express® Singapore Airlines Business Credit Card

Ideal for frequent small business travellers
Earn up to 8.5 HighFlyer Points
per S$1 spent on eligible Singapore Airlines and Scoot flights
Earn 1.8 HighFlyer Points
per S$1 spent on all eligible purchases (worth 1.8 KrisFlyer miles)
Complimentary Accor Plus Membership
worth S$418 offering a free night's stay every year
Online Promo
Welcome Offer 1: Get up to 74,400 HighFlyer points (worth S$708) from AMEX when you apply and spend $8,000.

OR

Welcome Offer 2:
Receive a Samsonite Choca Spinner 68/25 Luggage (worth S$700) AND 9,000 HighFlyer points (worth S$85) from Amex when you apply and spend S$5,000 in the first 3 months of card approval. T&Cs apply.
Valid until 31 Oct 2023 - See more details below

Are you eligible?

    • Promotion is valid for new to American Express® Singapore Airlines Business Credit Card.
    • Bank T&Cs and go.amex/sgexclusions apply.
    • Card Members will not be eligible to the Welcome Offers stated on AMEX website unless otherwise stated.

What you need to know

  1. Get 30,000 HighFlyer points when you spend S$4,000 in the first 3 months from card approval date.
  2. Get 30,000 HighFlyer points when you spend S$4,000 between the 4th to 6th month from card approval date.
  3. Get 14,400 HighFlyer points for the above S$8,000 spent, based on 1.8 HighFlyer points for every S$1 spent.
  4. OR Get a Samsonite Luggage AND 9000 HighFlyer points spend S$5,000 in the first 3 months of card approval
  5. Get 9,000 HighFlyer points for the above S$5,000 spent, based on 1.8 HighFlyer points for every S$1 spent.
T&Cs

Quick Facts

Get the maximum value by

Turning business expenses into HighFlyer points to offset future flights with no caps and black out dates.

Good for

Business owners who travel frequently and want to enjoy Singapore airlines and other travel privileges.

All Details

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American Express® Singapore Airlines Business Credit Card Review 2023

As a symbolic card representing 20 years of partnership, American Express and Singapore Airlines introduced this credit card that is meant for small businesses to fund their expansion initiatives and at the same time, be entitled to premium travel benefits.

This card goes by various names, i.e. AMEX Business Card, or AMEX SIA Business Card, or AMEX HighFlyer, and is part of Singapore Airlines’ HighFlyer programme which is a corporate travel programme designed for small and medium-sized businesses. The benefits include up to 50,000 bonus miles (HighFlyer points) with minimum spending requirements, a miles earn rate of 8.5 miles (HighFlyer points) for every S$1 spent, complimentary airport lounge access and more.

In this review, let’s find out if this card is suitable for you as we dive deeper to look at the requirements, pros and cons and other relevant details of the AMEX Singapore Airlines Business Credit Card.

Pros & Cons

Pros

  • Interest rate from 26.90% (27.80% with effect from 3 October 2023) to 29.99%
  • 30,000 welcome bonus miles with a minimum spend of S$4,000 in the first 3 months of card approval
  • Additional 30,000 bonus miles with a minimum spend of S$4,000 between 4 and 6 months of card approval
  • 8.5 miles (HighFlyer points) for every S$1 spent on eligible SIA flights
  • 1.8 miles (HighFlyer points) for every S$1 spent on other eligible categories
  • 0% interest-free period (up to 51 days from statement due)
  • Complimentary Hertz Gold Status with 10% off standard rates for car rental
  • Complimentary access to Priority Pass lounges around the world per year (2 visits per year)
  • Convenient online application with SingPass
  • Accor Plus membership worth S$418

Cons

  • High annual fee of $301.80
  • No annual fee waiver available
  • Cash advance transaction fee
  • Foreign currency transaction fees
  • Late payment charges

AMEX SIA Business Card Interest Rates & Fees

While some banks do not charge any processing fees or initial annual fee, the AMEX SIA Business credit card charges an annual fee of $301.80, and other fees such as cash advance transaction fee, late payment fee, and foreign currency transaction fee.

Although an annual fee waiver is not available for the AMEX SIA Business credit card, it offers generous travel benefits such as an Accor Plus membership worth S$418 for a free night’s stay at an Accor Hotel, 0% interest-free period (up to 51 days from statement due), 2 complimentary Priority Pass visits at participating airport lounges around the world, complimentary Hertz Gold Status with 10% discount on standard rates, and more.

AMEX SIA Business Card Application

Here are 3 simple steps to apply for the AMEX SIA Business Credit Card

Step 1

Apply via MoneySmart’s Credit Cards page

Begin by clicking on our AMEX SIA Business Card application link.

You’ll have the option to apply online via American Express’ website using SingPass MyInfo. Once you’ve selected this option, American Express will pull your identity and income data from SingPass (which is already verified). This will reduce the processing time. The approval-in-principle page will appear within minutes of submitting your MyInfo.

Step 2

Provide all documentation required

You’ll need to provide all the necessary documentation in order for American Express to approve your credit card application. This list of documents include:

  • NRIC or other identification details
  • Latest computerised payslip
  • Latest 6 months’ CPF Contribution History Statement
  • Latest Income Tax Notice of Assessment (NOA)

Step 3

Receive your AMEX SIA Business Credit Card

When you’ve provided all the documentation, American Express will prompt you on the approval status of your AMEX SIA Business Credit Card via their online application portal. It will usually take about 1 minute to receive the approval. Thereafter, AMEX will send your card to your given address in the next 3 to 5 working days.

After which, you’ll be able to make seamless payments through the AMEX Singapore App and create your fingerprint or face identification to secure your credit card transactions.

Compare AMEX SIA Business Card vs. SCB Journey Credit Card vs. HSBC TravelOne Card

AMEX SIA Business CardSCB Journey Credit CardHSBC TravelOne Card
Interest rate: From 26.90% (27.80% with effect from 3 October 2023) to 29.99%Interest rate: 26.90%Interest rate: 26.90%
Annual fee: $301.80Annual fee: $194.40 (First and second year waiver available)Annual fee: $194.40 for Year 1 (second year waiver available only upon minimum annual spending of S$25,000)
Minimum annual income: $30,000 for Singaporeans and PRs, $60,000 for foreigners (still subjected to AMEX’s regulatory minimum income requirement and internal assessment)Minimum annual income: $30,000 for Singaporeans and PRs, $60,000 for foreignersMinimum annual income: $30,000 for Singaporeans and PRs, $40,000 for foreigners

Air miles benefits:

  • 30,000 welcome bonus miles with a minimum spend of S$4,000 in the first 3 months of card approval
  • Additional 30,000 bonus miles with a minimum spend of S$4,000 between 4 and 6 months of card approval
  • 8.5 miles (HighFlyer points) for every S$1 spent on eligible SIA flights
  • 1.8 miles (HighFlyer points) for every S$1 spent on other eligible categories
  • 0% interest-free period (up to 51 days from statement due)
  • Complimentary Hertz Gold Status with 10% off standard rates for car rental
  • Complimentary access to Priority Pass lounges around the world per year (2 visits per year)

Air miles benefits:

  • Welcome gift of up to 10,000 air miles upon annual fee payment
  • 7.5 Rewards Points / 3 miles for every S$1 spent on online transactions for transportation, grocery and food delivery
  • 5 Rewards Points / 2 miles for every S$1 spent overseas
  • 3 Rewards Points / 1.2 miles for every S$1 spent locally
  • 2 complimentary airport lounge visits for primary cardholders
  • Complimentary travel insurance coverage

Air miles benefits:

  • Welcome gift of up to 20,000 air miles upon annual fee payment
  • 2.4 miles for every S$1 spent overseas
  • 1.2 miles for every S$1 spent locally
  • Complimentary travel insurance coverage
  • 4 complimentary airport lounge visits for primary cardholders

Frequently Asked Questions

Am I eligible for the AMEX SIA Business Credit Card?

If you’re a Singapore Citizen, Permanent Resident (PR) or foreigner with a valid Singapore Employment Pass, you’re eligible to apply for the AMEX SIA Business credit card, as long as you’re aged 21 and above, and earn a minimum annual income that is subjected to AMEX’s regulatory minimum income requirement and internal assessment.

If I’m late for my monthly AMEX SIA Business Card bill payment, how much do I have to pay?

Late payment charge is S$90 and additional interest will be calculated on a daily basis at the most updated EIR determined by American Express Bank at the point of your late payment.

What are the air miles benefits of an AMEX SIA Business Card?

The benefits include:

  • 30,000 welcome bonus miles with a minimum spend of S$4,000 in the first 3 months of card approval
  • Additional 30,000 bonus miles with a minimum spend of S$4,000 between 4 and 6 months of card approval
  • 8.5 miles (HighFlyer points) for every S$1 spent on eligible SIA flights
  • 1.8 miles (HighFlyer points) for every S$1 spent on other eligible categories
  • Complimentary Hertz Gold Status with 10% off standard rates for car rental
  • Complimentary access to Priority Pass lounges around the world per year (2 visits per year)