Balance Transfer

More Rewards American Express Card

Balance transfer


Transfer your balance from another credit card** or store card*** to your Credit Card at a low rate of 9,9% for the first 6 months*. 
If you are an existing American Express Credit Cardmember, simply call 0860 119 966. Please note you need to have the following details handy and we will transfer the balance for you: 
  • Your American Express Card details, Credit Card account number or the number on the Card. 
  • Name of the other bank where balance is held. 
  • Plastic or account number of credit card or store card*** at the other bank and; 
  • Amount you wish to transfer 
If you would like to take up the offer, but do not have an American Express Credit Card, you can conveniently apply online for your card on the relevant product pages of this website. (Be sure to tick the balance transfer check box on the application form before submitting.) 
* The balance transferred will be paid off before the balance of your normal purchases. ** Balance Transfer terms and conditions apply. *** For store cards payments, note an amount is paid into the Cardmember's current account and the Cardmember is responsible for settling the debt.


Balance Transfer Terms and Conditions


1. We, at our sole discretion, may grant you a facility, the amount of which we alone determine, to facilitate the transfer of the balance from one account to the Card account if: 
  • You have properly maintained the account from which the balance is to be transferred. 
  • We have approved your application for the Card. 
  • You have your Card physically with you
  • You have applied for the balance transfer offer and have indicated in the application the account from which the balance is to be transferred. 
  • You authorise us to verify the status and balance of the account, and if we grant you the facility, you authorise us to effect payment on your behalf into the account. 
  • You do not qualify if you have an existing BT currently with the Nedbank Group. 
2. The promotional offer rate will apply to the transferred amount only for the offer period. 
3. The balance transfer amount cannot be revised or revoked once application has been processed. 
4. You will be responsible for closing the account from which the balance is transferred if you wish to close that such account. 
5. You must pay any amount outstanding on the account from which the balance is transferred. 
6. You must continue to pay your current minimum payment on the account on which you have requested a balance transfer until you receive the statement showing that the such balance has been transferred. 
7. You understand that we may decline your balance transfer request. 
8. We can’t accept transfers from cards issued by companies within the Nedbank Group
9. Your monthly payments will reduce your balance transfer outstanding amount first (promotional balance transfer will be repaid before purchases). This means that you will be charged interest on other balances and new spending whilst your balance transfer is being paid off. 
10. If you do not make at least the minimum payment by the payment due date each month or if you exceed your credit limit at any time we will remove the promotional rate from any balance transfer and charge at your standard rate instead. 
11. An early settlement fee of 3% or minimum R50 will be charged. 
12. For store card payments, note an amount is paid into your current account and it is your responsibility for settling the store card debt.


Preferences on cookies American Express

American Express uses cookies to offer you a better digital experience on this site. Proceeding with navigation, authorize us to store and access cookies on your device. You can change your preferences at any time in the section "Managing Cookies" of our cookie policy.