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The American Express Essential® Credit Card

The American Express Essential® Credit Card

Purchase Rate
14.99 %
p.a.




Cash Advance Rate -
Interest Free Up to 55 days
Annual Fee$0
Balance Transfer Rate 0% p.a.for first 12 months

  • $0 annual fee.
  • Receive a $50 credit when you apply online, are approved and spend $750 on your new Card within the first 3 months of Card Membership. This offer is available to new Card Members, as well as Bank-issued American Express companion cardholders.
  • Smartphone Screen Insurance of up to $500 for screen repairs to your Smartphone when you pay for your phone or contract with your Essential Credit Card.
  • Earn up to 1 Membership Rewards point for every $1 spent.
  • 0% p.a. on balance transfers for the first 12 months2 — A one-off credit plan establishment fee of 3% applies.
  • Low interest rate of 14.99% p.a. on purchases.
  • Eligible for use with Android Pay, Apple Pay and Samsung Pay

Card Details

Rewards Program Overseas ATM Availability
Insurance Cover for Purchases Automatic Travel Insurance

Rewards Program

Rewards Points per Dollar 1 Linked to Frequent Flyer
Spend to Redeem $100 Gift Card* $13,500 Frequent Flyer Ratio
Spend at Loyalty Partner for $100 Gift Card* SPEND FOR SYD/MEL RETURN*

Lifetime of Points
Rewards Program Partners
Rewards Bonus Points Partners
Domestic Airlines
International Airlines
Conditions

Annual Fee $0 Minimum Repayment Greater of 2.5% or $30
Annual Fee First Year $0 Interest Charged From Statement Date
Rewards Joining Fee $0 Late Payment Fee $30
Supplementary Card Fee $0    
Duplicate Statement Fee $10 Overseas ATM Balance Fee
Transaction Verification Fee $7 Overseas ATM Withdrawal Fee
Over Limit Fee $0 Overseas Emergency Card Replacement Fee $0

Visit the issuer's website for additional information. Go to site

Terms & Conditions
American Express credit approval criteria applies. Subject to Terms and Conditions. Fees and charges apply. All Interest Rates are quoted as an Annual Percentage Rate. All information is correct as at 12 September 2017 and is subject to change. This offer is only available to those who reside in Australia. Cards are offered, issued and administered by American Express Australia Limited. American Express Australia Limited (ABN 92 108 952 085, Australian Credit Licence No. 291313) (American Express). 1. Interest rate is correct as at 12 September 2017 and is subject to change. This interest rate does not apply for Cash Advances and associated fees. 2. Offer not available for Card Members who currently hold or who have previously held any other Card product offered by American Express Australia Limited in the preceding 60 day period. Balances may not be transferred from another Credit Card issued by American Express Australia Limited. The promotional balance transfer rate will be eligible for 12 months from the date the Card is approved, after which any remaining balance will revert to the standard rate of interest at that time. The credit plan establishment fee attracts the standard rate of interest. Interest free days do not apply to Balance Transfer balances, and you may be charged interest on other purchases and fees if you do not pay your Closing Balance (including any outstanding balance transfers), in full by the due date each month. We reserve the right to withdraw this offer if your account is not in good standing or we become aware of any adverse credit information. Click here for full Balance Transfer terms and conditions. 3. You will have up to 55 days interest free on purchases provided you pay the full closing balance of your monthly statement by the due date each month. There is no interest free period on balance transfers or if you carry forward a balance from the previous statement period. The total of interest free days will depend on when you make the purchase and when your statement is issued. 4. Supplementary Card Members must be over 18 years of age. You will be liable to pay for all Supplementary Card spending on your account. 5. Bonus and Eligibility. Offer only available to new American Express Card Members who apply online, are approved and spend $750 on their new Card in the first 3 months from the Card approval date. This is a limited time offer which may be withdrawn or changed at any time without notice. Card Members who currently hold or who have previously held any Card product issued by: American Express Australia Limited in the preceding 18 month period are ineligible for this offer. Previous and existing bank-issued American Express companion cardholders are eligible for this offer (cards issued by Australia New Zealand Banking Group Limited, Commonwealth Bank of Australia, National Australia Bank, Westpac Banking Corporation). The $50 statement credit will be awarded to the eligible Card Member’s account 8-10 weeks after the spend criteria has been met. This advertised offer is not applicable or valid in conjunction with any other advertised or promotional offer. 6. Insurance cover is underwritten by Chubb Insurance Australia Limited (ABN 23 001 642 020, AFSL No. 239687) (Chubb) and is subject to the terms, conditions and exclusions contained in the American Express Essential Credit Card Insurances policy between American Express and Chubb available here. For Smartphone Screen Insurance, maximum of 2 claims per 12 month period, maximum cover of $500 per claim and an excess of 10% of the claimed amount applies. 7. Subject to the Terms and Conditions of the Membership Rewards Gateway program available at membershiprewards.com.au. Certain transactions will earn 0.5 points per dollar with merchants classified as; “utilities” including gas, water, electricity and telecommunications providers; “government”, including the Australian Taxation Office, the Australian Postal Corporation (Australia Post), federal/state and local government bodies; and “insurance” excluding insurances offered by American Express. 8. Subject to the Terms and Conditions of the Membership Rewards Gateway program available at membershiprewards.com.au. You must be a member of the partner program, joining fees may apply and points transferred will be subject to the terms and conditions of the applicable program. 9. Gift card or voucher rewards are not redeemable or exchangeable for cash or credit and are valid for a period of 3 months from the date of issue, unless otherwise stated. Subject to the retailer’s standard gift card / voucher conditions. 10. Subject to the Terms and Conditions of the Membership Rewards Gateway program available at membershiprewards.com.au/termsandconditions. Minimum of 1,000 points required. Any credit to your Card Account cannot exceed the current outstanding balance on your Account. Points will be debited immediately and credit will take up to three business days to appear on your online statement. 11. Provided that you notify us immediately upon discovery of any fraudulent transactions and you have complied with your Card Member Agreement, you will not be held liable for any unauthorised charges. 12. If your Card is lost or stolen, you must report it immediately. You can call American Express 24 hours a day. In Australia, call us on 1300 363 687. If you are overseas, report your lost or stolen Card to the nearest American Express Travel Service or Representative Office. Once you have notified us, you will not be liable for any unauthorised charges. Android, Android Pay, and the Android Logo are trademarks of Google Inc. Apple, the Apple logo, iPhone and iPad are trademarks of Apple Inc., registered in the U.S. and other countries. Apple Pay and Touch ID are trademarks of Apple Inc. Samsung, Samsung Pay, Galaxy S (and other device names) and Samsung Knox are trademarks or registered trademarks of Samsung Electronics Co., Ltd. Other company and product names mentioned may be trademarks of their respective owners. Screen images are simulated; actual appearance may vary. Samsung Pay is available on select Samsung devices. American Express Australia Limited (ABN 92 108 952 085). Australian Credit Licence No. 291313. American Express® is a registered trademark of American Express Company.


* For cards with reward programs that allow you to earn points, unless otherwise noted, the best case scenario of everyday spending is used when calculating the spend required to earn a reward. Everyday spending does not include bonus points that may be earned by shopping with loyalty partners. For rewards programs that have monthly caps, we assume you stay under that cap and for products with two cards, we assume spending is with the highest earning card. For programs that allow you to convert points for air travel at a price that changes from day to day, we have assumed that the flight is $300 (taxes and charges inclusive).

Visa® is a registered trademark of Visa International Services Association.
The MasterCard® brand is a registered trademark of MasterCard International Incorporated.

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