amaze rewards exclusions
We have updated the amaze rewards eligibility criteria with the following merchant category codes (MCCs) being excluded from January 1, 2022. You can earn unlimited InstaPoints on FX spends made on amaze at all other merchants, capped at 500 InstaPoints per FX transaction.
Here’s the list of merchants excluded from amaze rewards.
| MCC |
Description |
| 4111 | Railroads, Transportation Services |
| 4784 | Tolls and Bridge Fees |
| 4900 | Utilities: Electric, Gas, Water, and Sanitary |
| 5047 | Medical, Dental, Ophthalmic and Hospital Equipment and Supplies |
| 5199 | Nondurable Goods (Not elsewhere classified) |
| 5960 | Direct Marketing: Insurance Services |
| 5993 | Cigar Stores and Stands |
| 6012 | Financial Institutions: Merchandise, Services, and debt Repayment |
| 6211 | Security Brokers/Dealers |
| 6300 | Insurance Sales, Underwritting, and Premiums |
| 6513 | Real Estate Agents and Managers: Rentals |
| 6540 | Non-Financial Institutions – Stored Value Card Purchase/Load |
| 7299 | Other Services (Not elsewhere classified) |
| 7349 | Cleaning, Maintenance and Janitorial Services |
| 7523 | Parking Lots, Parking Meters and Garages |
| 8062 | Hospitals |
| 8211 | Elementary and Secondary Schools |
| 8220 | Colleges, Universities, Professional Schools, and Junior Colleges |
| 8241 | Correspondence Schools |
| 8244 | Business and Secretarial Schools |
| 8249 | Vocational and Trade Schools |
| 8299 | Schools and Educational Services |
| 8398 | Charitable Social Service Organisations |
| 8661 | Religious Organisations |
| 8675 | Automobile Associations |
| 8699 | Membership Organisations |
| 9211 | Court Costs, including Alimony and Child Support |
| 9222 | Fines |
| 9223 | Bail and Bond Payments |
| 9311 | Tax Payments |
| 9399 | Government Services |
| 9402 | Postal Services |
Fee charges
amaze transaction fees
Starting from February 20, 2023, a fee of 2% (minimum $0.50 SGD) will be applicable to domestic (SGD) transactions involving GrabPay, prepaid cards and other e-wallet top-ups, when using amaze with your linked bank card. This fee will be extended to amaze wallet transactions starting July 5, 2023.
However, most transactions remain fee-free. There are no fees if your transaction is made in FX.
The transactions subject to the 2% fee include but are not limited to the below:
| MCC | Category | Merchant Examples |
| 6540 | Non-Financial Institutions – Stored Value Card Purchase/Load | GrabPay Wallet, ShopeePay, Revolut, CRO, YouTrip |
| 6211 | Security Brokers/Dealers | Xmglobal, Plus500, eToro, IG.com |
| 6051 | Quasi Cash–Merchant | Coinhako, Coinbase, Wirex, Kucoin |
| Others | EZ-Link wallet top-ups and TransitLink General Ticketing Machines |
Please note: MCCs are assigned by payment card organisations (e.g. Visa, MasterCard). Instarem does not have a say in the assignment of these codes. A merchant’s registered MCC may not always correspond with its nature of business.
amaze wallet top up fees
A 2% fee is applied when topping up your wallet using Visa cards. Starting July 5, 2023, this fee will be reduced from 2% to 1.5%.
For more information on this, please refer to amaze T&Cs.
