The Low Rate Credit Card from American Express®
Low rates, backed by fraud protection
| Annual Fee: | $59 p.a. |
| Interest Rate: | 2.99% p.a. for the first 6 months, reverting to 12.69% p.a. thereafter2 |
| View key information for this Card and American Express® Credit Card Terms |
| Learn more about Credit Cards to ensure its right for you |
| Interest Free Period: | Up to 55 days3 |
| Card Type: | Credit Card |
Benefit from low rates
Pay just 2.99% p.a. on purchases for the first 6 months1 then 12.69% p.a. on purchases thereafter2.
New Card Members only.
Featured Benefits
Get up to 55 days interest free
You will have up to 55 days interest free on Credit Card purchases3.
Add up to 4 additional Cards with no annual fee4
Need extra Cards for family members? You can add
up to 4 with no annual fee.
Apple Pay
Make easy and secure purchases with American Express and Apple Pay®. With a quick setup on your Apple device, you can make payments on the go11.
Access & Offers
Enjoy access to offers, pre-sale concert tickets,
invites and Card Member only experiences.
Fraud Protection Guarantee
Be protected against fraudulent transactions both
online and offline,with Fraud Protection Guarantee5.
Get the most out of your Amex Card
Now accepted in more places
75,000 places across NZ now welcome American Express Cards since the start of 2019*.
Outstanding Amex App
See how the Amex App makes having an Amex Card a breeze
Receive an emergency Card within 48 hours
If your Card is ever lost or stolen, you can usually get a replacement within 48 hours, virtually anywhere in the world6.
Interested? Check the eligibility criteria.
To apply for an American Express Low Rate Credit Card, you’ll need to be able to meet the following criteria:
- Be aged 18 or over
- Have no history of bad debt or payment default
- Have the right to work in New Zealand, and
- If self-employed, have been trading for at least 18 months (or 12 months if I hold an existing American Express issued Card)
Documents and information to have ready:
- NZ Driver’s Licence number (if you have one)
- Details of your income, expenses and debts
- Proof of your annual income and employment details (e.g. Inland Revenue Department (IRD) Statement, payslips)
Ready to apply ?
The American Express
Gold Rewards Card
WELCOME OFFER
Get $200 back when you apply, are approved and spend $1,500 on your new Card within the first 3 months.
New Card Members only. T&Cs apply7.
Our fastest earn rate. Earn 2 Membership Rewards points per $1 spent8
Get up to $200 Dining Credit9
The American Express
Airpoints Card
WELCOME OFFER
$0 Annual Card fee.
Be rewarded with 50 bonus Airpoints DollarsTM10.
*Source: Internal American Express data based on Merchant locations setup between 1 January 2019 and 31 May 2023
American Express credit approval criteria applies. Subject to Terms and Conditions. Interest rates, fees and charges apply. All interest rates are quoted as an Annual Percentage Rate. All information is correct as at 31 May 2022 and is subject to change. This offer is only available to those who reside in New Zealand. Cards are offered, issued and administered by American Express International (NZ), Inc.
1.Introductory Interest Rate. Offer only available to new American Express Low Rate Credit Card Members. The 2.99% p.a. introductory rate applies to purchases for six months commencing the day the account is opened. Any balances transferred including from your existing American Express Card, cash advances and fees are excluded from the 2.99% p.a. introductory interest rate. At the end of the six-month introductory period, the interest rate for new charges and any remaining balances will revert to the prevailing interest rate at that time. Visit here for more information.
2.Interest Rates. Interest rates, fees and charges apply. All interest rates are quoted as an Annual Percentage Rate. All information, including fees, charges and interest rates are correct as at 10 December 2021 and are subject to change. This interest rate does not apply for Cash Advances and fees relating to Cash Advance.
3.55 Days Interest Free. You will have up to 55 days interest free on purchases provided you pay the full closing balance of your monthly statement by the due date each month. There is no interest free period on balance transfers or if you carry forward a balance from the previous statement period. The total of interest free days will depend on when you make the purchase and when your statement is issued.
4.Additional Cards. Additional Credit Card Members must be over 18 years of age. You will be liable for all Additional Credit Card spending.
5.Fraud Protection Guarantee. Provided that you do not contribute to or unreasonably delay reporting any misuse of your Account and you have complied with your Card Conditions, you will not be held liable for any unauthorised charges.
6.Emergency Card Replacement. If your Credit Card is lost or stolen, you must report it immediately. You can call American Express 24 hours a day. In New Zealand, call us on 0800 656 660. If you are overseas, report your lost or stolen Card to the nearest American Express Travel Service or Representative Office or call +64 9 583 8287. Once you have notified us, you are not liable for any unauthorised charges.
7. Bonus and Eligibility. To receive $200 Credit, you must apply online, be approved and spend $1,500 or more on eligible purchases on your new Card in the first 3 months from the Card approval date. Please allow 8–10 weeks for the credit to be credited to your Account after the spend criteria has been met. Card Members who opt in to receiving payment alerts, may receive a payments received email once the $200 Credit has been applied to their Account. The credit is not redeemable for cash or other payment form. The credit will not be applied to your Account if it has been suspended or cancelled. The Statement Credit may be reversed if your qualifying purchase is refunded or cancelled. Card Members who currently hold or who have previously held any Card product issued by American Express International (NZ), Inc. in the preceeding 18 month period are ineligible for this offer. Eligible purchases do not include annual Card fees, cash advances, interest, balance transfers, fees and charges for traveller’s cheques and foreign currencies. This advertised offer is not applicable or valid in conunction with any other advertised or promotional offer and may be removed at any time.
8. Membership Rewards Points. Subject to the Terms and Conditions of the Membership Rewards Programme available at www.membershiprewards.co.nz/termsandconditions
9. Annual Dining Credit. Valid at participating Dining Collection restaurants only. Limited to one $100 credit each defined calendar period, per Gold Rewards Card Account. The defined calendar periods are between 1 January and 30 June, and between 1 July and 31 December. Limited to a maximum of two credits at a total of $200 each year, per Gold Rewards Card Account. Your Card must be charged prior to the end of each defined calendar period to be eligible for the credit in the defined calendar period. Spend on Additional Cards will count towards the offer. Excludes transactions where you do not spend directly with your Card at a participating Dining Collection restaurant. Credit should appear on your billing statement within 5 business days from qualifying spend but may take up to 90 days from the end of the defined calendar period. Excludes transactions made through a third-party establishment or payment processor. Credit is not redeemable for cash or other payment form. Credit will not be applied to your Gold Rewards Card Account if your Card has been suspended or cancelled. Credit may be reversed if your qualifying purchase is refunded or cancelled. If you hold multiple American Express Cards linked to one Membership Rewards® account, the Credit will be credited to the Primary Card Account only.
10. Bonus and Eligibility. Offer only available to new American Express Card Members who apply online, are approved and spend $750 on their new Card in the first 3 months from Card approval date. Card Members who currently hold or who have previously held any other Card product offered by American Express International (NZ), Inc in the preceding 18 month period are ineligible for this offer. 50 bonus Air New Zealand Airpoints Dollars will be awarded to the eligible Card Member’s Account 8-10 weeks after the spend criteria has been met. This advertised offer is not applicable or valid in conjunction with any other advertised or promotional offer.
11. Apple Pay is a trademark of Apple Inc.
Great features with
a low interest rate
Enjoy the affordable freedom of our Low Rate Credit Card that offers the flexibility you need for day-to-day purchases without a high price tag.
The Low Rate Credit Card
from American Express®
The Low Rate Credit Card from American Express®
Benefit
Pay 2.99% p.a. on purchases1
Valid for the first 6 months, then pay 12.69% p.a. on purchases thereafter. New Card Members only2.
Key Information
| Annual Fee: | $59 p.a. |
| Card Type: | Credit Card |
| Interest Free Period: | Up to 55 days3 |
| Interest Rate: | 2.99% p.a. for the first 6 months1, reverting to 12.69% p.a. thereafter2. |
Featured Benefits
Get up to 55 days interest-free
You will have up to 55 days interest-free on Credit Card purchases, once your previous statement’s balance is paid in full3.
Access and Offers
Enjoy access to offers, pre-sale concert tickets, invites and Card Member only experiences.
Get the most out of your Low Rate Card
Add up to 4 additional Cards with no annual fee
Need extra Cards for family members? You can add up to 4 with no annual fee4.
Fraud Protection Guarantee
Be protected against fraudulent transactions both
online and offline,with Fraud Protection Guarantee5.
Mobile Payments
Make easy and secure purchases with American Express and Apple Pay® and Google Pay. With a quick setup on your device, you can make payments on the go6.
Global Card Support
No matter where you are in the world, if your Card is lost or stolen we'll be here when you need us 24/7. It’s the extra peace of mind you need when you’re travelling, knowing help is just a phone call away.
Enjoy even more places that accept American Express
From groceries, fuel, to shopping online, earn rewards in the places you spend the most. Enjoy even more places that accept American Express, thanks to our collaboration with New Zealand's leading payment partners.
Ready to apply?
Check your eligibility first.
Ready to apply?
Check your eligibility first.
To apply for an American Express Low Rate Credit Card, you’ll need to be able to meet the following criteria:
- Be aged 18 or over
- Have no history of bad debt or payment default
- Have the right to work in New Zealand, and
- If self-employed, have been trading for at least 18 months (or 12 months if I hold an existing American Express issued Card)
Documents and information to have ready:
- NZ Driver’s Licence number (if you have one)
- Details of your income, expenses and debts
- Proof of your annual income and employment details (e.g. Inland Revenue Department (IRD) Statement, payslips)
The Low Rate Credit Card from American Express
View key information for this Card and American Express® Credit Card Terms about Credit Cards to ensure its right for you
Check out these other great Cards
The American Express® Gold Rewards Card
Earn 2 Membership Rewards® points per $1 spent8. Get up to $200 Dining Credit9.
The American Express Airpoints Platinum Card
$70 spend = 1 Airpoints Dollar7. The fastest Airpoints DollarTM earning Platinum Card.
Make it easy with the Amex App
From purchase alerts, 24/7 chat, paying with points to amazing offers, the Amex App makes having an Amex Card a breeze.
Make it easy with the Amex App
From purchase alerts, 24/7 chat, paying with points to amazing offers, the Amex App makes having an Amex Card a breeze.
FAQs
Low Rate Credit Cards offer lower interest rates, helping reduce interest costs if you carry a balance. For example, the Low Rate Credit Card from American Express offers the lowest purchase interest rate across Amex Credit Cards. These Cards are more suited for people who don’t always pay off their balance in full each month and want to minimise interest charges.
The Low Rate Credit Card from American Express offers an introductory interest rate of 2.99% p.a1. on purchases for the first 6 months and a low ongoing interest rate of 12.69% p.a. thereafter2. It also provides up to 55 interest-free days to pay for purchases3 when you pay your balance in full. Learn more about Credit Card interest.
The Low Rate Card has an Annual Fee of $59 p.a. Other fees such as late payment fees, currency conversion fees or dishonour fees may also apply so it’s important to read the Card’s Terms & Conditions. You can review Amex fees here.
Lower Rates Credit Cards like the Low Rate Card from Amex primarily focus on offering lower interest rather than a long suite of rewards. Whilst these Credit Cards are designed for cost savings on interest, they still offer some benefits like:
- Interest-free periods - Depending on your Card, you can get interest-free days to pay for your purchases. With the Low Rate Card from Amex, you can get up to 55 days to pay for your purchases3.
- Card protection - Get peace of mind with fraud alerts, SafeKey® protection and Fraud Protection Guarantee5 to help protecting you against unauthorised charges.
- Card support - If your Card gets lost, damaged or stolen, we can arrange to get you a replacement Card virtually anywhere you are in the world, 24/7.
- Using your Card abroad - Our Credit Cards are accepted worldwide and benefit from American Express Card protection and Card support for convenience and peace of mind.
- Extra perks - Access Amex Offers across shopping, dining, travel and entertainment and Presale tickets when available.
- Introductory Interest Rate.Offer only available to new American Express Low Rate Credit Card Members. The 2.99% p.a. introductory rate applies to purchases for six months commencing the day the account is opened. Any balances transferred including from your existing American Express Card, cash advances and fees are excluded from the 2.99% p.a. introductory interest rate. At the end of the six-month introductory period, the interest rate for new charges and any remaining balances will revert to the prevailing interest rate at that time. Visit here for more information.
- Interest Rates.Interest rates, fees and charges apply. All interest rates are quoted as an Annual Percentage Rate. All information, including fees, charges and interest rates are correct as at 10 December 2021 and are subject to change. This interest rate does not apply for Cash Advances and fees relating to Cash Advance.
- 55 Days Interest Free. You will have up to 55 days interest free on purchases provided you pay the full closing balance of your monthly statement by the due date each month. There is no interest free period on balance transfers or if you carry forward a balance from the previous statement period. The total of interest free days will depend on when you make the purchase and when your statement is issued.
- Additional Cards. Additional Credit Card Members must be over 18 years of age. You will be liable for all Additional Credit Card spending.
- Fraud Protection Guarantee. Provided that you do not contribute to or unreasonably delay reporting any misuse of your Account and you have complied with your Card Conditions, you will not be held liable for any unauthorised charges.
- Apple Pay is a trademark of Apple Inc.
- Airpoints Terms & Conditions. Subject to the American Express Airpoints Platinum Card Benefits Terms and Conditions available here. Status Points and Airpoints Dollars are not earned on purchases of American Express Travellers Cheques, Gift Cards or for purchases of Foreign Exchange, cash advances, balance transfers, interest, annual Card fees or other fees and charges billed to the account. Air New Zealand Airpoints Programme terms and conditions also apply. Airpoints Dollars and Status Points earning rates are subject to change with reasonable notice.
- Membership Rewards Points. Subject to the Terms and Conditions of the Membership Rewards Programme available at www.membershiprewards.co.nz/termsandconditions
- Annual Dining Credit. Valid when dining in at participating location Dining Collection restaurants only. Some locations are excluded, please refer to the full list of participating restaurant locations before dining. Limited to one $100 credit each defined calendar period, per Gold Rewards Card Account. The defined calendar periods are between 1 January and 30 June, and between 1 July and 31 December. Limited to a maximum of two credits at a total of $200 each year, per Gold Rewards Card Account. Your Card must be charged prior to the end of each defined calendar period to be eligible for the credit in the defined calendar period. Spend on Additional Cards will count towards the offer. Excludes spend on gift vouchers, online orders for pick up or delivery and transactions where you do not spend directly with your Card at a participating location Dining Collection restaurant. Credit should appear on your billing statement within 5 business days from qualifying spend but may take up to 90 days from the end of the defined calendar period. Excludes transactions made through a third-party establishment or payment processor, apart from Windcave. Credit is not redeemable for cash or other payment form. Credit will not be applied to your Gold Rewards Card Account if your Card has been suspended or cancelled. Credit may be reversed if your qualifying purchase is refunded or cancelled. If you hold multiple American Express Cards linked to one Membership Rewards® account, the Credit will be credited to the Primary Card Account only.