Important disclosure
American Express Explorer Credit Card
Bonus Points
Receive 100,000 Bonus Membership Pointswhen you apply, are approved, and spend $4,000 on eligible purchases your new Card within the first 3 months. T&Cs apply. New Card Members only. Offer subject to change without notice.
Purchase Rate
23.99%
p.a
Balance Transfer Rate
Not Applicable
Pros and cons
For Explorer Credit Card
Benefits
- Rewards Available through Amex Membership Rewards Gateway
- Extra 50,000 points subject to eligibility conditions
- Ability to convert large purchases into instalment plans
- Apple Pay, Google Pay and Samsung Pay available
- Domestic travel insurance
- International travel insurance
- Free supplementary cards
- Extended warranty
- Airport lounge
- Purchase protection insurance
Drawbacks
- Higher than average ongoing variable purchase rate
- Higher than average ongoing annual fee
- No balance transfer
American Express Rate Credit card overview
For Explorer Credit Card
Details
Card Level Premium | Card Type AMEX |
Interest Free Days 55 | Minimum monthly repayment 2.5% or $30 |
Minimum credit limit $3k | Maximum credit limit $50k |
Free supplementary cards | Instant Approval |
Target Market Determination Visit American Express Australia Limited to view Target Market Determination. |
Fees
Annual Fee $395 | Annual Fee Spend Waiver |
Supplementary card annual fee $0 | Late Payment Fee $30 |
Over limit fee $15 | Duplicate statement fee $10 |
Electronic Wallet Service
Important Rates
Rates
Purchase Rate 23.99% p.a |
Cash advance rate |
Cash advance fee |
Balance Transfer
Balance Transfer Rate Not Applicable |
Transfer Limit |
Balance Transfer Fee |
Overseas spending
Foreign Exchange Fee 3% on Amex |
Overseas charges |
Estimated ATM Cost - |
Rewards
Program name Amex Membership Rewards Gateway |
Rewards Available Gift Card |
Eligibility
Minimum age 18 |
Minimum income $65k |
Eligibility conditions - |
Residency |
Perks
- DOMESTIC TRAVEL INSURANCE Available when you use your card to pay for return domestic travel
- INTERNATIONAL TRAVEL INSURANCE Available when you use your card to pay for return international travel
- FREE SUPPLEMENTARY CARDS Supplementary cardholder must be over 18 years of age
- EXTENDED WARRANTY Warranty is extended for the same duration as the original warranty up to 1 year.
- AIRPORT LOUNGE Up to two entries per year into the American Express Lounge at Sydney or Melbourne International Airport
- PURCHASE PROTECTION INSURANCE Covers up to $20,000 per year
- Bonus Points Receive 100,000 Bonus Membership Pointswhen you apply, are approved, and spend $4,000 on eligible purchases your new Card within the first 3 months. T&Cs apply. New Card Members only. Offer subject to change without notice.
Other Restrictions
Balance transfers are not currently available on new American Express Credit Card applications. Card Members who currently hold or who have previously held any Card product issued by American Express in the preceding 18 month period are ineligible for the 75,000 Bonus Points Offer. Previous and existing bank-issued American Express companion cardholders are eligible for this offer. Cash Advance not available.