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Low rates on Balance Transfers.

Not sure if you're eligible?
Call us on 1300 132 639

Low rates on Balance Transfers.

Like to simplify your finances and pay less interest? Other Credit Cards nearing their limit? We'd like to help you get on top of the situation, before it gets on top of you.

With our special Balance Transfer offer, you'll pay a low rate on the balances you transfer – helping you to rebalance your finances.

How Balance Transfers work

We'll let you know when a Balance Transfer offer is available on your American Express Card. Then all you need to do is follow the instructions on the invitation to start saving.

It's a great way to save, while still enjoying the high levels of service, support and rewards of American Express.

American Express Credit Card

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American Express
Card Member?

Good news. We have a great range of Credit Cards, with Balance Transfers included for new Card Members. Find out more on our Credit Cards with Balance Transfers and see how much you could save.

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Frequently Asked Questions

How long will the Balance Transfer take?

How long will the Balance Transfer take?

A: Payments to your other Credit Card will normally be completed within 10 working days via BPAY. Please continue to make any necessary payments to your other card until our payment has been received.

What amount can I transfer to my American Express Credit Card?

What amount can I transfer to my American Express Credit Card?

A: Up to $15,000 can be transferred to your card, provided you have available credit. To manage your credit limit, click here.

What happens to any remaining transferred balance at the end of the Balance Transfer period?

What happens to any remaining transferred balance at the end of the Balance Transfer period?

A: After the promotional period has expired, any outstanding Balance Transfer amount will be subject to your Credit Card's standard rate of interest. It's important to ensure you pay down as much as you can during the Balance Transfer period to minimise interest you might incur afterwards.

Questions about Balance Transfers ?

Our Customer Service Experts can help you with any questions you may have about Balance Transfers or your American Express Card.

Call us on 1300 132 639.

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Terms & Conditions

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Your Account balance inclusive of any transferred balances cannot exceed your Credit Limit on your American Express Credit Card ("Credit Card"). You must also be the Account holder of the balance which you are transferring to American Express. Any missing information on the Balance Transfer application form may result in delays. Once you have requested your Balance Transfer it cannot be reversed. There are no interest-free days on Balance Transfers and you will not earn rewards points on Balance Transfers. When we approve your Balance Transfer application we will debit your Credit Card account and send a payment to the card issuer of your designated credit card. Payments will normally be completed within 10 working days. We will not be responsible for any delays that may occur in processing these payments at your other card issuer, or for any overdue payment or interest incurred on your other credit card account(s). Subject to these Terms and Conditions and the American Express Credit Card Conditions, the Balance Transfer promotional low interest rate is only valid for the specified Card and period stipulated in the offer you have accepted.

Restrictions on transfers
We reserve the right to refuse any Balance Transfer request, including requests received after the expiration date on the invitation. We cannot accept transfers from:

  1. Credit cards in foreign currencies;
  2. Other American Express Cards (for bank-issued credit cards with a dual American Express and Visa/MasterCard Card, you need to provide your Visa/MasterCard number on the application form);
  3. Cards not issued in Australia;
  4. A card account that is in overdue or over-credit-limit status; or
  5. Non-credit card accounts (such as: debit, overdraft, savings and personal loan accounts).

We will not process Balance Transfer requests:

  1. For amounts less than $50;
  2. For amounts greater than $15,000 or your available credit limit, whichever is the lesser amount. Transfer amounts will be rounded up to the nearest dollar;
  3. For any individuals other than the named Account holder in this letter;
  4. If any of your credit cards are not in good standing or in overdue or over-credit-limit status. Please note, a risk assessment will be carried out at the time of application;
  5. If at the time of the request you have drawn $6,000 or more Cash Advance on your Credit Card account;
  6. If you have already transferred balances of $15,000 on your Credit Card account within the last six months; or
  7. If you have already made five Balance Transfers in a six month period.

Conditions applying once a balance is transferred. The promotional interest rate for the Balance Transfer applies only to the Credit Card the Balance Transfer is approved for. When you make payments to your Credit Card, the order in which payments are applied is dependent on when you entered into your Credit Card agreement. If you entered into your Credit Card agreement before 1 July 2012, then any payments you make will be applied to your transferred balance first. Minimum payment requirements of the Credit Card Account apply to Balance Transfers. Fees (if applicable) may apply when your Balance Transfer request is processed. You will lose any interest-free days for purchases if you don't pay the full closing balance on your Credit Card statement (including balances transferred) by the due date. Payments to your account are applied in the order set out in the American Express Credit Cards Conditions of Use.The Terms and Conditions contained herein form part of the Credit Card Conditions governing the use of the Credit Card and shall be interpreted accordingly.

American Express Australia Limited (ABN 92 108 952 085). Australian Credit Licence No. 291313. ® Registered Trademark of American Express Company.