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Is a Charge Card right for you?

What is a charge card?

A charge card allows you to manage your cash flow effectively. With no-pre set spending limit*, your purchasing power can increase over time as you use your card.

For the financially savvy consumer, a charge card makes good sense. Because your statement must be paid in full each month, many people find a charge card helps them control spending.

Purchasing power

With a charge card, you are granted more purchasing power with no pre-set spending limit*. While your spending is not unlimited, your purchases are approved based on a variety of factors, including your credit record, account history and personal resources. Proof of resources and security may be required.

Like many credit products, should you wish to make a purchase that goes beyond your usual spending patterns, please call the Customer Service number on the back of your Card to ensure a seamless experience.

If your spending continues to increase over the months, and your payments and credit record remain in good standing, you can achieve more spending power over time.

Year-end Summary of Charges for Consumer Cards

This valuable Card benefit simplifies year-end financial planning and can be a great asset during tax preparation. You’ll receive an itemized, chronological listing of your Card transactions from the previous year.

This Card benefit is available on the The Platinum Card ®, American Express® Gold Card and American Express® Gold Charter Card.


* As per MAS regulations, no pre-set spending limit on your Charge Card may be granted only if your current income is at least S$120,000 p.a.  If your income is between S$30,000 p.a. and S$120,000 p.a., your limit may be set to up to four times your monthly income combined for all your Credit and Charge Cards with American Express.
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