1. Interest rate and usage fee of 12.99% per year for the payment of goods and services consists of 5% credit usage fee and 7.99% interest rate. The outstanding balance received at a special rate of 12.99% is the amount of debt arising from payments for goods and services via American Express Credit Cards, excluding cash advance withdrawals from Express Cash. The interest rate for Express Cash service is at 16% per year (interest rate and credit usage fee). The interest rate and usage fee of 12.99% per year for the payment of product and service is not the rate under the marketing promotion program and there is no expiration date. However, there is no guarantee that the rate will not be changed in the future. American Express reserves the right to review the interest rate and credit usage fee from time to time in accordance with the terms and conditions of the American Express Credit Card and applicable law. American Express also reserves the right to adjust the interest rate and credit card usage fee in the future.
2. The company will calculate spending from the Basic Card and Supplementary Card accounts together at the time that the Basic Card and Supplementary Cards are due for the annual fee payment. In the first year, the company will calculate spending amount through the Card that has occurred in the past 11 billing cycles, except for the expenses in the current billing cycle. For the next year, the company will calculate the total spending via Card for a total of 12 billing cycles. The company will include the total amount from monthly installment plan as expenses in order to calculate the eligibility for the annual fee exemption in next year.
3. Terms and Conditions of Membership Rewards apply. American Express (Thai) Co., Ltd reserves the the right to change Membership Rewards benefits and programs at any time in compliance with applicable laws and regulations.
4. For more details on Terms and Conditions, please check the insurance certificate documents sent with the Card manual.