What are the benefits of using American Express Credit?
Credit cards are offered as Gold, Platinum, Platinum Credit Card and Gold Credit Card to clients.
To qualify for this card, individuals must earn R750 000 or more annually. There is an annual fee of R3050 as well as a once-off initiation fee of R3050. Clients are able to benefit from upgrades and special airfares on certain airlines as well as dedicated travels and lifestyle service.
There is no pre-set limit on this card. To qualify, individuals need to earn R200 000 or more annually. An annual service fee of R515 and a once-off initiation fee of R515 are charged. This facility allows for dedicated travel service and access to local airport lounges.
Platinum Credit Card:
With this card, you are able to withdraw cash from over 800 000 ATMs around the world. To qualify, you’ll need to earn R300 000 or more annually. You’ll be required to pay a monthly service fee of R56.00 and a once-off fee of R112. Clients are able to benefit from a preferential interest rate, as well as up to eight free visits per calendar year to the premier club domestic lounges in South Africa. The card also includes an emergency cash facility.
To benefit fully from American Express Credit Cards, clients must pay their balances in full. There is also a 55 day interest-free period.
What are the qualifying criteria?
- You must be over the age of 18 years
- You must have a good credit rating
- You must be a South African resident
Contact American Express and enquire about American Express Credit by calling: 011 294- 4444.
Visit their website here: www.americanexpress.co.za