New credit card features double reward points

Supermodel Megan Jones launches the David Jones American Express card today in Sydney. The card is available for people with a household income of more than $40,000 and a good credit rating. The annual fee is $99, the interest rate payable is 20.49 per cent after an interest free period of 56 days. As an introductory promotion, all cardholders will get a $50 gift card and additional reward points on the credit card. For the first six months the card will attract three reward points for every dollar spent outside of David Jones and four points for every dollar you spent at David Jones. After six months the rate reverts to 1.5 points for every dollar you spend outside of David Jones and 2 points for every dollar you spend shopping at David Jones. Cardholders can redeem $100 worth of Qantas travel for 15,000 points.

Source: David Jones

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