Earn rewards points
toward great products and experiences, pay less interest and save money with balance transfers
, and get premium deals on insurance with an American Express credit card.
You can do a lot with the right credit card
. With the options American Express (Amex) gives you, you’ll save money with unbeatable interest rates and no yearly fees
. What’s more, you can join the Membership Rewards program and earn points on your credit card toward real bonuses. You’ll be sure to find a credit card that’s right for you. Travel for work? Get American Express concierge services. Insurance payment got you stressed? Enjoy complimentary insurance covers. American Express has a variety of choices for you, not only offering American Express credit cards but also dual credit cards from partnerships with institutions like Commonwealth Bank.
If you want to know more about what American Express credit card might be the right fit for you, you can compare your options in detail below.
Types of credit cards from American Express in Australia
You have the choice of selecting an American Express credit card with joint Visa or MasterCard capabilities, which could be a handy convenience. There are a range of other options, though, whether you’re looking to use a credit card for yourself or for business. American Express works to cater credit cards to clients. If you’re a high-income earner, you might be a good match for American Express premium products. If you’re looking to save, you might enjoy American Express rewards credit cards or a card with especially low rates and fees. You can compare your choices below.
Balance transfer credit cards
If you are having a hard time paying back a debt you owe because you are paying a lot of interest, you’re not alone. With an Amex balance transfer credit card
, you can move that unpaid balance to the card and get a full year of 0% interest. That way, you can pay back the money more quickly and without worrying about interest piling on. It’s important to note that a one-time, 1% balance transfer fee will be charged.
Low rate credit cards
If you’re looking for a lower interest rate, you’re in luck — you can try the Amex Essential Credit Card
. This credit card has a steady interest rate of 14.99% per year compared to the typical interest rate of 20.47% on other American Express credit cards. The American Express Low Rate Credit Card is unfortunately not available to new users at this time.
Rewards credit cards
Are you a credit card user who always pays your full balance on time? You can get rewarded for your reliability. With an Amex rewards credit card
, every qualifying purchase will earn you Membership Rewards Points. These points can then be exchanged for all kinds of perks, like flight rewards with nine different partner airlines, gift cards for an array of stores and restaurants, and more. Just for signing up for one of these credit cards, you can instantly earn between 7,500 and 100,000 bonus points if you are approved and meet the spending requirement.
Frequent flyer credit cards
Whether you travel for business or pleasure, frequent flyers can get great benefits with the American Express frequent flyer credit cards. These are different from rewards cards in that they earn you airline loyalty points with every purchase. At this time, American Express provides frequent flyer credit cards
that earn points with Qantas Airlines and Virgin Australia Airlines. Just for choosing this credit card, you can instantly earn 100,000 bonus points if you meet the spending requirement. That means you’ll get flight perks from the outset. Depending on your card, you might pay a yearly fee ranging from $0 to $450.
Business credit cards
American Express can provide a useful service to businesspeople who use credit cards to manage business expenses. American Express will help you oversee spending by employees, earn you perks with each business purchase, and provide you tools to keep track of your business’ spending. All this could make a real difference in the financial success of your business.
The benefits of banking with Amex in Australia
Membership Rewards — frequent flyer transfer partners
Once you’re earning American Express Membership Rewards
, you can use them to set up future travel or transfer them to American Express partners like Velocity Frequent Flyer, Singapore Airlines' KrisFlyer, Etihad Guest, Emirates Skywards, Air New Zealand and others. Beyond that, Membership Rewards are great for earning cash back or gift cards with popular companies like David Jones and Bunnings, BP, and iTunes, among others. You can even shop online with your points or use them to book hotels when you travel.
Fraud protection and contactless payments
If you thought swiping a credit card was easy, American Express makes it even simpler. Every American Express credit card has contactless payment technology. That means all you have to do is touch your credit card against the card reader when making a purchase under $100. If someone gets ahold of your credit card who shouldn’t, you’re also protected by the American Express Fraud Protection Guarantee, which means you will be refunded all of the money spent by someone else on your card. To prevent theft and stolen identity, American Express also has state-of-the-art secure payment systems in place online, in Australia, and worldwide.
Whenever you get out on the town, American Express helps you pay less and enjoy more. With Membership Rewards
, you’ll save on all kinds of events at Ticketmaster — sports games, concerts, and more. Even better, American Express Entertainment Access gives you exclusive early access to certain events and experiences.
How to apply for an American Express credit card
It won’t take long for you to complete the application process for an American Express credit card if you’ve chosen the credit card you think is right for you. Typically, applying takes only 10 to 15 minutes. But before going ahead with the application, double check that you meet the eligibility requirements below. You will also need certain documents while applying, which will boost your chances of being approved.
Each credit card has different requirements to qualify, but the criteria below are standard:
- You should be 18 years of age or older.
- You should be an Australian citizen or permanent resident.
- You should meet the minimum income requirement for the credit card you’re applying for.
- You should have a good credit rating, which proves you are responsible.
Check this list so you have the right documentation and information on hand while applying:
Read more: frequently asked questions about Amex cards
- Income and employment information.You will have to disclose how much you make annually, including your assets, such as properties or shares of stock, and your savings. American Express will also need to know how to get in touch with your employer. If you’re self-employed, you will be asked to give information about your accounts.
- Debts and liabilities.American Express will need to know what financial responsibilities you have, such as children you support and dependents, the amount you spend on food each week, alimony, and other similar payments. Additionally, you will have to provide a list of other credit cards you use, including the balance amount carried on each credit card and whether you are planning to transfer any balances to your American Express account.
- Personal information.Basic information such as your full name, email, phone number, and address will be required.