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The American Express Platinum Credit Card gives you flexibility as it allows you to use…
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The American Express Platinum Credit Card gives you flexibility as it allows you to use the card for everyday spending with an added budget facility. You also have the financial ability to pay off large purchases you make with the card over a long period of time. The American Express Platinum Credit Card is accepted wherever you see the American Express sign, locally or internationally. Furthermore, the American Express Platinum Credit Card provides you with the service and quality of the American Express Brand. You have the choice of paying your outstanding balance on your American Express Credit Card in full or settling only the minimum of 5% monthly.
With the American Express Platinum Credit Card, you are offered the most competitive debit interest rates in the market so you get even more value for your everyday spending. By enrolling in American Express’s membership rewards program you can redeem your points for a wide range of rewards from retail to travel or pay your monthly service fee. As an American Express Card member, you can make use of the American Express SelectsSM programme, allowing you to take advantage of luxurious local and international benefits simply by being an American Express Card member.
You can consolidate your expenses with your Platinum Credit Card by transferring outstanding balances from other credit card or store card accounts to your Platinum Credit Card Account. The interest on your balance transferred attracts a preferential debit interest rate, helping you to consolidate and pay off your debt.
American express gives you peace of mind when traveling as you get automatic travel insurance with up to R4 million cover as an American Express Credit Card member.
Being an American Express Card member you get:
| Monthly Fee | 62.00 |
|---|---|
| Interest Rate | 14.25% |
| Card Initiation Fee | R150.00 |
| Insurance | Automatic travel insurance for both local and international travel when you purchase your travel ticket(s) on your South African issued American Express Card. This insurance has been specifically designed for American Express® Cardmembers to protect you wherever you travel. |
| Age Requirement | 18 |
|---|---|
| Minimum Monthly Salary | 25000.00 |
| Annual Percentage Rate | 13.75% |
|---|---|
| Cash Advances Interest | 13.75% |
| Credit Interest | 0.25% - 0.50% |
| Interest Free Days | 55 |
| Balance Transfer | 9.90% for 6 months |
| Rewards Program | Membership Rewards |
|---|---|
| Program Fee | R18.00 (Loyalty Enrollment Fee R216.00) |
| Program Details | Earn one accelerated point for every R10 spent |
| Cheque Deposit Branch | R14.00 (Nedbank Branch) |
|---|---|
| Cash Deposit ATM | R6.00 + R1.28/R100,00 (minimum R17.00) |
| Cheque Deposit ATM | R14.00 (Nedbank ATM) |
| Cash Deposit Branch | R6.00 + R1.28/R100,00 (minimum R17.00) |
| Branch / Counter | R30.00 + R1.28/R100.00 |
|---|---|
| Own Bank ATM | R3.50 + R1.28/R100.00 |
| Other Bank ATM | R6.50 + R3.50/R100.00 |
| Overseas ATM | R35.00 + R1.28/R100.00 |
| Credit Card Purchases | R0.00 |
|---|---|
| Garage Card Purchases | NA |
| Own Bank ATM | R8.00 (Nedbank ATM) |
|---|---|
| Branch | R18.00 (Nedbank Branch) |
| Own ATM | R8.00 (Nedbank ATM) |
|---|---|
| Branch / Counter | R18.00 (Nedbank Branch) |
| Branch / Counter | 1 Free, R4.00 thereafter (Nedbank Branch) |
|---|---|
| Own Bank ATM | R0.00 (Nedbank ATM) |
| Other Bank ATM | R4.00 |
| Branch | R4.00 (Nedbank Branch) |
|---|---|
| ATM | R0.00 (Nedbank ATM) |
| Bank Cheque | R14.00 |
|---|---|
| Credit Card Replacement Fee | R0.00 |
| Secondary Card Fee | R0.00 |
As an American Express Platinum Credit Card member, you will receive automatic travel insurance with up to R4 million cover.
