Important disclosure
American Express Low Rate Credit Card
Purchase Offers
Enjoy low interest rate on purchases and $0 annual feeEnjoy our low interest rate of 10.99% on purchases and $0 annual fee. T&Cs apply.
Purchase Rate
Purchase Rate
10.99%
p.a
Balance Transfer Rate
Balance Transfer Rate
Not Applicable
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 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 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 Purchase Rate 10.99% p.a |
Cash advance rate |
Cash advance fee |
Balance Transfer
Balance Transfer Rate Balance Transfer Rate Not Applicable |
Transfer Limit |
Balance Transfer Fee |
Overseas spending
Foreign Exchange Fee 3% on Amex |
Overseas charges 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
- Purchase OffersOther Enjoy low interest rate on purchases and $0 annual feeEnjoy 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.
