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Credit Card Interest Rates

We’ll help you decipher the jargon around Card interest so you really understand how it works.

Credit Card interest explained

Charge Card or Credit Card — what’s the difference?


A Charge Card is similar to a Credit Card in that they’re both convenient ways to pay for goods and services, with repayment delayed until the end of that particular statement period.


The main difference is a Charge Card requires you to pay off your balance in full each month, which means you cannot roll over your balance into the next month. If you like the stability of a debit Card but are interested in extra benefits and rewards a Charge Card might be right for you.

Learn more about Charge Cards

Useful terms

American Express benefits


Your security and protection are our priority. Our technology has been designed to give you peace of mind when using your Card.



Access to our customer service is available 24/7 by phone, text or email.



Contactless is the quick, easy and secure way to make payments - Simply touch your American Express Card on the reader, wait for the beep and you're done. What's more, with Amex pay, Samsung Pay, and Apple PayTM, you can even pay with your phone.

Explore Our Credit Cards

American Express Offers a range of Credit Cards with different rewards and benefits tailored to your lifestyle and interests.


1. Refer to your Card Member Agreement for a full breakdown of how interest is calculated.