PRODUCT HIGHLIGHT SHEET

Product name

American Express^® Singapore Airlines Business Credit Card

Interest-free period

21 days from statement date if closing balance is paid in full

Interest on purchases (where applicable)

25.90%p.a compounded if payment of the closing balance in your statement is not made in full by the relevant payment due date: or 29.99%p.a compounded in the event that your Account has three or more defaults¹ and/or one default¹ which remains unpaid for two or more consecutive months in the last 12 months

Interest on cash advances

25.90% p.a. compounded daily from date of withdrawal until the withdrawal amount and the relevant fees are paid in full

Minimum monthly payment

3% or S$50, whichever is higher

Late payment charges

S$90 if minimum monthly payment is not made by due date

Annual membership fees

S$299 (inclusive of GST) waived for the first year

Cash advance fee

Handling fee of 5% of your withdrawal amount will apply for each withdrawal amount

Fees for foreign currency transactions

2.95%

Dynamic currency conversion fee

N.A.

Lost / stolen Card liability

S$100 (For details, refer to clause 9 of ABS Guide on “What You Should Know About Credit Cards” using the following URL abs.org.sg/docs/library/abs_creditcards_english.pdf

There may be circumstances in which you have to pay other fees.

See the Card Member Agreement and full Terms and Conditions at www.americanexpress.com/sg/business/small-business/singapore-airlines-business-credit-card/terms-and-conditions.