Important disclosure

American Express Australia Limited

American Express Low Rate Credit Card

  • Apple, Google & Samsung Pay
  • No annual fee

Purchase Offers

Enjoy low interest rate on purchases and $0 annual fee

Enjoy our low interest rate of 10.99% on purchases and $0 annual fee. T&Cs apply.

Purchase Rate

10.99%

p.a

Balance Transfer Rate

Not Applicable

Tags
  • Apple, Google & Samsung Pay
  • No annual fee
Purchase Rate

10.99%

p.a

Balance Transfer Rate

Not Applicable

Annual Fee

$0

Pros and cons

For Low Rate Credit Card

Benefits

  • Ongoing variable purchase rate ranked in the best 20%
  • No Annual Fee
  • Ability to convert large purchases into instalment plans
  • Apple Pay, Google Pay and Samsung Pay available
  • Free supplementary cards
  • Fraud protection
  • Purchase protection insurance

Drawbacks

  • No reward program
  • No balance transfer

American Express Rate Credit card overview

For Low Rate Credit Card

Details

Card Level

Standard

Card Type

AMEX

Interest Free Days

55

Minimum monthly repayment

2.5% or $30

Minimum credit limit

$1k

Maximum credit limit

$25k

Free supplementary cards

Instant Approval

Target Market Determination

Visit American Express Australia Limited to view Target Market Determination.

Fees

Annual Fee

$0

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

10.99%

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

Rewards Available

-

Eligibility

Minimum age

18

Minimum income

$50k

Eligibility conditions

-

Residency

Perks

  • FREE SUPPLEMENTARY CARDS Supplementary cardholder must be over 18 years of age
  • FRAUD PROTECTION
  • PURCHASE PROTECTION INSURANCE Covers up to $2,500 per item and $20,000 per year with a $50 excess within 90 days of purchase
Specials
  • Purchase OffersOther Enjoy low interest rate on purchases and $0 annual fee
    Enjoy our low interest rate of 10.99% on purchases and $0 annual fee. T&Cs apply.

Other Restrictions

Cash Advance and Balance Transfers not available.

Promoted credit cards

Promoted

Longer Balance Transfer
Virgin Money (Australia) Pty Limited

Virgin Australia Velocity Flyer Card (Points Offer)

  • Apple & Samsung Pay
  • Balance transfer
Purchase Rate

20.74%

p.a

Annual Fee

$64

for 12 months then $129 thereafter

Promoted

Lower Fee Balance Transfer
Qudos Mutual Limited T/A Qudos Bank

Visa Platinum Credit Card

  • Balance transfer
Purchase Rate

4.99%

p.a

for up to 5 months, then 19.49%

Annual Fee

$199

Promoted

Lower Purchase Rate
ANZ Banking Group Limited

Rewards Platinum

  • Apple, Google & Samsung Pay
  • Balance transfer

Bonus Points

Earn 100,000 extra ANZ Reward Points and $50 back to your new ANZ Rewards Platinum credit card when you spend $2,000 on eligible purchases in the first 3 months from approval.*
Purchase Rate

20.99%

p.a

Annual Fee

$149

Promoted

Lower Annual Fee
Latitude Financial Services Aus Holding Pty Ltd

Latitude 28º Global Platinum Mastercard

  • Apple, Google & Samsung Pay
  • No annual fee

special

Save with 0% international transaction fees on purchases. Plus, complimentary Flight Delay Pass and global data roaming.
Purchase Rate

27.49%

p.a

Annual Fee

$0