American Express Australia has a wide range of credit cards.
There’s a card for almost every type of credit card user, especially those interested in the most prestigious of service, reward programs, membership rewards and travel benefits.
American Express credit cards offer arguably the most generous and prestige reward program available among Australian credit cards – Membership Rewards. The drawback is the limited acceptance and harder application approval that comes inherent with Amex cards. These cards are ideal for those who spend high volumes per year and limited the amount of interest they pay in order to maximise the value of their rewards.
American Express Credit Card Offer
The Qantas American Express Discovery Card is a credit card that allows you to earn Qantas Points with a $0 Annual Fee.
- $0 p.a. annual fee
- 20.74% p.a. on purchases
- 0.99% p.a. for 6 months with 1% balance transfer fee on balance transfers
- 44 days interest free
- Minimum Income Requirement of $35,000 p.a.
American Express Credit Card Comparison
Companion & dual AMEX credit cards
Business and personal credit cards offerings from a prestigious credit card company
The American Express company provides a wide variety of services for the promotion of small businesses, large corporations and also a number of consumer services for individuals. These offerings include both business and personal credit cards.
The credit card offerings by American Express have long been associated with wealthy consumers with outstanding credit ratings, and also with frequent flyers.
The following provides a listing of the features available with its business and personal credit card offerings.
- American Express provides business credit cards to match the business’ size and spending needs. Business credit cards offered by American Express are held in very high regard in the Australian credit card market. This is due to the valuable rewards program, the Membership Rewards program cardholders have access to as they utilize the cards. As businesses use their cards to pay for their expenses, points are awarded based on the purchases. These points are accumulated and can be used to redeem valuable travel rewards related to flights, car rentals, necessary business trip items and hotel accommodations.
- American Express also provides personal credit cards for the personal use of individuals, especially those managing large expenses and large monthly expenditures. The Membership rewards program is made available to those personal card holders who cover their balance monthly.
- The card is available to Australian individuals who hold gold card offerings with other card providers.
- Despite its outstanding reputation as a credit card company, hefty surcharges apply for retailers who accept the American Express cards and as a result the card is often not accepted in many retail establishments.
Important details about the membership rewards program
The benefits of the American Express Membership Rewards program is so valuable, it has become the main reason many Australians value and choose the American Express cards for their business and personal expenditures.
Points earned in this program are conveniently used to redeem valuable travel rewards which can be redeemed for flights, foreign currency, hotels and other benefits and features related to travel. Redeeming shopping rewards will allow a cardholder to receive top brand sporting goods, wines, home-ware, technological products, and various gifts. In addition, the points may be applied to entertainment, sporting activity, leisure and dining choices that appeal to the cardholders’ way of life.
For you to remain a member in the Membership Rewards program, you must keep an active account which must not be overdue by 40 days or more. If you do not maintain those conditions, your rewards points will expire and will be forfeited unless they are reinstated within 90 days from your statement date. Should you cancel out of the program, you will forfeit the accumulated points and even if you re-enroll, they will not be reinstated.
Qualifying for an American Express card
In general qualifying for an American Express card is a more rigorous and demanding process that that of other card applications. Acceptance is generally granted to those individuals who show excellent credit history, who have high spending volumes, who have high incomes and who have demonstrated a consistently disciplined management of their money. Less stringent requirements apply to some American Express credit cards, so you should do your due diligence to determine which type of card will suit your individual circumstances.
The qualification requirements for the American Express card will vary with the specific card. However, an applicant must be 18 years of age or greater, an Australian resident or citizen, must have a good credit rating, and must meet the income requirements set for the specific card you are applying. Some American Express cards are more prestigious than others and are therefore more stringent in their application requirements.
American Express overview
Make sure the rewards and benefits of the card you’re interested in would outweigh the potential annual fee that would be carried with the card. For instance, if you don’t take advantage of an extensive international travel and insurance benefit on a particular credit card, you would be paying for nothing with the relatively high annual fee.
Also note that to be approved for an American Express cards you will need a solid credit history and typically high annual earnings.
Discover why Amex credit cards are considered to be so prestigious and exclusive, then be surprised by how easy it is to apply. Check out their versatile range and choose a card that satisfies your demands.
Founded in 1850 in New York City, American Express is considered to be one of the most prestigious financial institutions in the world. Amex has expanded since those first days and currently has offices in more than 130 countries.
Mention American Express credit cards to most people and they will instantly conjure up images of high-flyers and big spenders. Although this can certainly be the case, especially with the American Express Platinum Card and the super-exclusive black Centurion card, Amex credit cards are within the reach of many people whose application would be accepted for a regular gold card at a high street bank.
Although American Express credit cards may be the first things to spring to mind, the company also offers business services that are aimed at helping small companies wanting to advance in the corporate world, as well as financial services for consumers.
There are many kinds of American Express credit card both for personal and business use, and many of the well-known Australian banks issue Amex credit cards to lure more customers. Sometimes, these cards will form a companion card to a bank’s Visa credit card, allowing more points to be accumulated per dollars spent where Amex is accepted. Some American Express credit cards are partnered with the Qantas Frequent Flyer program, whilst the AMEX Qantas Discovery allows for a whole range of travel-related rewards at a zero annual fee.
One of the main reasons people go for an American Express credit card is the world-renowned customer service and Amex benefits that come as standard on many cards. They are also a great choice for the business customer as there are four options to choose from, depending on the size of your business and its specific requirements.
Take a look at the Amex credit cards available to see why you should be aiming a little higher in life.
* The credit card offers compared on this page are chosen from a range of credit cards CreditCardFinder.com.au has access to track details from. ‘Best and ‘Top’ are ratings which are subject to our consideration and is not rated against all Australian credit cards. We recommend you take this information into account when comparing credit cards.