Credit Card Annual Fee
American Express Credit Cards charge an annual fee in return for rewards, features and benefits. The amount will vary depending on the Card you apply for. Typically, the more rewards or features your Card has, the higher the annual fee. The annual fee is typically charged on your Card Member anniversary date.
Interest on Credit Card Purchases
By paying your balance in full by the payment due date, no interest will be applied to purchases made on your Credit Card. Interest is charged if you have not paid your balance in full.
Interest is charged on a daily basis on any unpaid balance remaining from the closing balance on the statement for the previous month. Interest rates vary depending on the Credit Card.
Interest charged on Balance Transfers is generally at a lower rate than the standard purchases rate.
Other Standard Credit Card Fees
|Cash Advance Fee (enrolled Card Members only)||$2.50 or 2% of the cash advance amount (whichever is greater)|
|Currency Conversion Fee||3% of the converted amount|
|Dishonour Fee||$6 for each dishonour or debit rejection|
|Additional Statement Fee||$10|
|Late Payment Fee||$30|
|Over Limit Fee||$15|
|Over The Counter Fee||$3|
|Record of Charge||$7 for charges in Australia, $10 for other charges|