American Express
Not a Consumer Data Right data holder; issued by American Express Australia Limited · ABN 92 108 952 085
Credit cards
American Express is not a Consumer Data Right data holder, so its 15 credit or charge cards are read by hand from its own pages and, where it publishes one, its Key Facts Sheet, each figure quoted from the sentence it came from and re-read daily; 10 are ranked on the comparison. 5 cards are not ranked (a charge card: the balance is paid in full each month, so its rate is not comparable: 5). Rates are per annum as published by the bank; a card's annual fee is the yearly figure, with a monthly card fee multiplied by twelve.
Where its cards rank
American Express's card for each customer segment and ranking on the credit card comparison, with its rank among the banks there.
| Card for | Ranking | Rank | Card | Purchase rate | Annual fee | Interest-free days | Credit limit | Balance transfer | Rewards | Conditions | Restrictions |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Personal | Low rate | 13 of 52 | Low Rate Credit Card | 10.99% | $0 | 55 | from $1,000 | — | — | read from the issuer's own page and Key Facts Sheet correct as at 2024-04-30, each figure quoted and re-read daily; cash advances are not offered; for incomes… | — |
| Personal | No fee | 2 of 10 | Low Rate Credit Card | 10.99% | $0 | 55 | from $1,000 | — | — | read from the issuer's own page and Key Facts Sheet correct as at 2024-04-30, each figure quoted and re-read daily; cash advances are not offered; for incomes… | — |
| Personal | Rewards | 3 of 24 | Qantas Discovery Card | 23.99% | $0 | 44 | from $2,000 | — | Qantas Frequent Flyer | read from the issuer's own page and Key Facts Sheet correct as at 2023-05-03, each figure quoted and re-read daily; cash advances are not offered; aged 18 or o… | — |
Cards
Ranked cards
Essential Rewards Credit Card credit card
purchase rate 23.99%; fee $108 ($9 a month) a year; 55 interest-free days; credit limit from $2,000; rewards: Membership Rewards.
- read from the issuer's own page and Key Facts Sheet correct as at 2024-04-30, each figure quoted and re-read daily
- cash advances are not offered
- aged 18 or over; Australian citizen, permanent resident or long-term visa holder
- bonus earn rates (up to 5 points per $1) apply only to the first 10,000 points a month, then 1 point per $1
Explorer Credit Card credit card
purchase rate 23.99%; fee $395 a year; 55 interest-free days; credit limit from $3,000; rewards: Membership Rewards.
- read from the issuer's own page and Key Facts Sheet correct as at 2024-04-30, each figure quoted and re-read daily
- cash advances are not offered
- aged 18 or over; Australian citizen, permanent resident or long-term visa holder
- 75,000 bonus points for online applications by 27 April 2027 and $4,000 spend in 3 months (plus 25,000 in year two)
- sign-up bonus only for new American Express Card Members
Low Rate Credit Card credit card
purchase rate 10.99%; fee $0 a year; 55 interest-free days; credit limit from $1,000.
- read from the issuer's own page and Key Facts Sheet correct as at 2024-04-30, each figure quoted and re-read daily
- cash advances are not offered
- for incomes of at least $30,000 a year (its target market)
- aged 18 or over; Australian citizen, permanent resident or long-term visa holder
Platinum Edge Credit Card credit card
purchase rate 23.99%; fee $195 (first year free) a year; 55 interest-free days; credit limit from $3,000; rewards: Membership Rewards.
- read from the issuer's own page and Key Facts Sheet correct as at 2024-04-30, each figure quoted and re-read daily
- no card fee in the first year, as the issuer's page states
- cash advances are not offered
- The card page offers $0 Annual Card Fee in the first year, saving you $195; the ongoing fee is the Key Facts Sheet's $195 per annum.
- aged 18 or over; Australian citizen, permanent resident or long-term visa holder
- first-year $0 card fee only for new Card Members applying online
Platinum Reserve Credit Card credit cardcompanion card
purchase rate 23.99%; fee $0 a year; 55 interest-free days; credit limit from $3,000; rewards: Membership Rewards.
- read from the issuer's own page and Key Facts Sheet correct as at 2023-12-20, each figure quoted and re-read daily
- open only to holders of another of the issuer's cards
- cash advances are not offered
- A companion card for holders of the issuer's Platinum Charge, Platinum Business or Centurion Card: $0 annual fee while that card's fee is paid, else the page says you will be charged the annual fee of $395.
- aged 18 or over; Australian citizen, permanent resident or long-term visa holder (12 months or more, not a student visa)
- for annual incomes of $65,000 or more
Qantas Discovery Card credit card
purchase rate 23.99%; fee $0 a year; 44 interest-free days; credit limit from $2,000; rewards: Qantas Frequent Flyer.
- read from the issuer's own page and Key Facts Sheet correct as at 2023-05-03, each figure quoted and re-read daily
- cash advances are not offered
- aged 18 or over; Australian citizen, permanent resident or long-term visa holder
Qantas Premium Card credit card
purchase rate 23.99%; fee $249 a year; 44 interest-free days; credit limit from $2,000; rewards: Qantas Frequent Flyer.
- read from the issuer's own page and Key Facts Sheet correct as at 2023-05-03, each figure quoted and re-read daily
- cash advances are not offered
- aged 18 or over; Australian citizen, permanent resident or long-term visa holder
- sign-up bonus only for new American Express Card Members
Qantas Ultimate Card credit card
purchase rate 23.99%; fee $450 a year; 44 interest-free days; credit limit from $3,000; rewards: Qantas Frequent Flyer.
- read from the issuer's own page and Key Facts Sheet correct as at 2023-05-03, each figure quoted and re-read daily
- cash advances are not offered
- aged 18 or over; Australian citizen, permanent resident or long-term visa holder
- everyday earn drops from 1.25 to 1 Qantas Point per $1 after 100,000 points in a calendar year
- 70,000 bonus Qantas Points for online applications by 17 November 2026 and $5,000 spend in 3 months
- sign-up bonus only for new American Express Card Members
Velocity Escape Plus Card credit card
purchase rate 23.99%; fee $95 a year; 55 interest-free days; credit limit from $2,000; rewards: Velocity Frequent Flyer.
- read from the issuer's own page and Key Facts Sheet correct as at 2024-11-06, each figure quoted and re-read daily
- cash advances are not offered
- aged 18 or over; Australian citizen, permanent resident or long-term visa holder
- everyday earn drops from 1 to 0.75 Velocity Points per $1 after 12,000 points in a calendar year
- $50 Virgin Australia statement credit benefit ends 31 December 2026 (per the bank's terms on 2026-11-01; that sentence could not be found in them today, so check the bank's page)
Velocity Platinum Card credit card
purchase rate 23.99%; fee $440 a year; 55 interest-free days; credit limit from $3,000; rewards: Velocity Frequent Flyer.
- read from the issuer's own page and Key Facts Sheet correct as at 2024-11-06, each figure quoted and re-read daily
- cash advances are not offered
- aged 18 or over; Australian citizen, permanent resident or long-term visa holder
Not ranked
Business Gold Plus Card charge card
purchase rate —; fee $395 a year; 55 interest-free days; rewards: Membership Rewards. Not ranked: a charge card: the balance is paid in full each month, so its rate is not comparable.
- read from the issuer's own page, each figure quoted and re-read daily
- Late payment fee: three percent or $20, whichever is greater, on any overdue amount (the issuer's fees page).
- for businesses with annual revenue of $75,000 or more
- applicant must be a director or controller of a business with a valid ABN registered for GST
- Australian citizens or permanent residents only (no visa holders)
- two employee cards free, then $75 a year for each further employee card
- up to 3 points per $1 on the first 200,000 points a calendar year, then 1 point per $1
- 100,000 bonus points for applications by 12 January 2027 and $5,000 spend in 3 months
- sign-up bonus only for new American Express Card Members
Platinum Business Card charge card
purchase rate —; fee $1,750 a year; 55 interest-free days; rewards: Membership Rewards. Not ranked: a charge card: the balance is paid in full each month, so its rate is not comparable.
- read from the issuer's own page, each figure quoted and re-read daily
- Late payment fee: three percent or $20, whichever is greater, on any overdue amount (the issuer's fees page).
- for businesses with annual revenue of $75,000 or more
- applicant must be a director or controller of a business with a valid ABN registered for GST
- Australian citizens or permanent residents only (no visa holders)
- a Flexible Payment Option lets part of the balance be paid over time, with interest (the fee schedule gives 23.99% p.a.)
- up to 99 employee cards at no annual fee
- 350,000 bonus points for applications by 4 May 2027 and $12,000 spend in 3 months
- sign-up bonus only for new American Express Card Members
Platinum Card charge card
purchase rate —; fee $1,450 a year; 44 interest-free days; rewards: Membership Rewards. Not ranked: a charge card: the balance is paid in full each month, so its rate is not comparable.
- read from the issuer's own page, each figure quoted and re-read daily
- A charge card: the statement balance is paid in full each month, so there is no purchase rate; the issuer calls its interest-free days cash flow days.
- Late payment fee: three percent or $20, whichever is greater, on any overdue amount (the issuer's fees page).
- aged 18 or over; Australian citizen, permanent resident or long-term visa holder
- 150,000 bonus points for online applications by 12 January 2027 and $5,000 spend in 3 months
- sign-up bonus only for new American Express Card Members
Qantas Business Rewards Card charge card
purchase rate —; fee $450 a year; 51 interest-free days; rewards: Qantas Business Rewards. Not ranked: a charge card: the balance is paid in full each month, so its rate is not comparable.
- read from the issuer's own page, each figure quoted and re-read daily
- Late payment fee: three percent or $20, whichever is greater, on any overdue amount (the issuer's fees page).
- for businesses with annual revenue of $75,000 or more
- applicant must be a director or controller of a business with a valid ABN registered for GST
- Australian citizens or permanent residents only (no visa holders)
- up to 99 employee cards at no annual fee
- everyday business earn drops from 1.25 to 0.75 Qantas Points per $1 after 500,000 points in a calendar year
Velocity Business Card charge card
purchase rate —; fee $249 a year; 51 interest-free days; rewards: Velocity Frequent Flyer. Not ranked: a charge card: the balance is paid in full each month, so its rate is not comparable.
- read from the issuer's own page, each figure quoted and re-read daily
- Late payment fee: three percent or $20, whichever is greater, on any overdue amount (the issuer's fees page).
- for businesses with annual revenue of $75,000 or more
- applicant must be a director or controller of a business with a valid ABN registered for GST
- Australian citizens or permanent residents only (no visa holders)
- $99 a year per employee card (up to 99)
Ranked cards come first. "stale" means a sentence the card's figures were quoted from could not be found on the issuer's page today. The "details" link opens the card's own page here, with every figure and the sentence it was quoted from; "key facts sheet" opens the issuer's regulatory fact sheet.
We receive no payment from any lender for inclusion or ranking.
Data
This section is read from the issuer's own pages and, where it publishes one, its Key Facts Sheet, re-read daily; it publishes no product data feed. The same records are published as JSON with a source URL and the issuer's last-updated or document date on every row:
/au/finance/credit-cards/v1/brands/american-express.json: this issuer's cards, its ranked entries first./au/finance/credit-cards/v1/rates.json: every bank's cards in one file./au/finance/credit-cards/v1/best.json: the banks ranked per segment and ranking kind./au/finance/credit-cards/v1/index.json: dataset index, including every per-bank file.
Deep Almanac is a secondary source and this page is provided for general information and reference. It is not financial, investment, legal, valuation, educational or other professional advice, and it is not a substitute for checking the original source. Rates change without notice and banks may apply conditions not captured here. You are responsible for any decision you or your software makes in reliance on this page. See our terms of use.