Credit Card Deals from American Express
| Credit Card | Purchase Rate | Balance
Transfer |
Interest Free | Reward Points | Card Fee | |
|---|---|---|---|---|---|---|
| Qantas American Express Business Card - The new Qantas American Express Business Card earns you Qantas Frequent Flyer points on all of your business expenses that you charge to the Card, including stock, utilities and everyday purchases. That means eligible expenses5, no matter how big or small, can help pay your way to wherever your business takes you. | ||||||
 |
% p.a |
% p.a |
Up to 51 Days | Up to $1 = 2 points | $299 |  |
| American Express Gold Business Card - Rewards Plus Domestic and Overseas Travel Insurance | ||||||
 |
% p.a |
% p.a |
Up to 51 days | $1 spent = 1 Membership Rewards point | FREE (for first year) | |
| The David Jones American Express Card - Add Supplementary Cardholders to your account and maximise your Points earning potential. We will waive the $29 Supplementary Card fee for the first year*. | ||||||
 |
19.74% p.a |
% p.a N/A |
Up to 56 days | David Jones Gift Points | $99 | |
| Qantas American Express Premium Card - Earn up to 7,500 Qantas Frequent Flyer points! 5,000 points after your first card spend + 2,500 points after your first card spend in Australia on selected Qantas products and services. | ||||||
 |
19.99% p.a |
% p.a |
N/A | Up to 2.25 points per $1 spent | $249 | |
| Qantas American Express Classic Card - Earn 2 points for every dollar spent on your card in Australia on selected Qantas products and services | ||||||
 |
19.99% p.a |
% p.a |
Up to 44 days | Up to 2 points per $1 spent | $149 | |
| Qantas American Express Ultimate Card - Scale the heights with the Qantas American Express Ultimate Card. It's the Card designed by travellers, for travellers. | ||||||
 |
19.99% p.a |
% p.a |
N/A | Up to 2.5 points per $1 | $450 | |
| American Express Gold Ascent Credit Card - There are no limits to the Membership Rewards points you can earn: your points aren't capped and won't expire as long as your account remains current. And best of all, with Ascent you'll need fewer credit card rewards points to fly than any other program in Australia | ||||||
 |
20.49% p.a |
% p.a N/A |
Up to 44 days | $2 spent = 1 Membership Rewards | FREE | |
| American Express Platinum Card - Access to dedicated 24/7 Platinum Travel, Concierge & Card Services. Complimentary enrolment in Membership Rewards Ascent Premium. $1 spent = up to 1.5 Membership Rewards points. Overseas and Domestic Travel Insurance. | ||||||
 |
20.49% p.a |
% p.a |
$1 spent = up to 1.5 Membership Rewards points | $900 | |
|
| American Express Platinum Moneyback Card - Influence. Status. Privilege. With the American Express® Platinum Moneyback Card, you'll access a world of luxury and service. Love shopping? You're covered with Refund Protection², Purchase Protection² and our extensive On-Line Fraud Guarantee². | ||||||
 |
20.49% p.a |
% p.a |
5% MoneyBack for the first 3 months, 1% MoneyBack thereafter. | $99 | |
|
What is American Express (AMEX)? Date Published : Tuesday, March 04, 2008
Source : Credit Card News from Money AU
When it comes to global superpowers in the financial world, there are few bigger than American Express.
The New York-based company has become synonymous with credit cards over the last 40 years and often takes on rivals Visa and MasterCard when people compare credit cards.
Founded in 1850 in Buffalo, New York, American Express quickly went from a small bank to a major financial player. In 1854, its owners bought land in Manhattan where the world famous American Express Buildings still stand.
In the post-war period, American Express - also known as AmEx - became prevalent in travel currency and is now one of the major players in international currency exchanges.
During the 1970s, the first AmEx Diner's credit card was launched before, in the 1980s, American Express Australia was formed. Based in Sydney, the company offers a range of credit cards and is increasing its brand awareness by working with Qantas airlines and others.
As well as the basic card, a range of platinum credit cards and charge cards are offered. There is a frequent-flyer-style reward program users of AmEx and the firm offers benefits with dozens of well known Australian and international brands, many in the areas of shopping and travel. Its global financial muscle means that its credit cards are often among the best credit card offers on the market.
Although known primarily for its credit cards, AmEx also now offers a range of other financial services. Travel insurance and home loans, with benefits for users of the more premium cards, are among current offerings.
>> Compare and apply for Australia's best credit card offers.
Australian Finance News
Australian Banks Continue To Battle For Deposits By Offering High Introductory Rates
Australia’s largest banks are using high introductory online savings rates to attract retail deposits and expand their deposit bases. Despite the high introductory rates, the lenders later aggressively cut back their deposit rates in order to preserve their profit margins.
The investment bank Macquarie conducted an analysis of the online savings market which found that the big four Australian lenders, as well as some international rivals were offering introductory rates that were as much as 200 basis points higher than the 4.5 per cent official cash rate.
QBE Denies Chief Executive To Step Down
Australian insurance major QBE has moved to end speculation that its chief executive is poised to step down. QBE chief Frank O'Halloran has run the company for the last twelve years, and the insurer says that he would continue in that role "for the foreseeable future".
Rumours of Mr. O’Halloran’s departure ricocheted around the insurance industry this week, when speculation began to emerge that Mr. O’Halloran would hand over the reigns of the company to Peter Harmer, a senior executive at insurance broker AON.
Research Firm Says ANZ Offers Best Value For Small Business
Australian banking major ANZ, has been named by a financial research firm as the lender which provided the best value banking service for small business. Despite the accolade, ANZ has not managed to convince all the decision makers in the business sector, and still lags behind rivals.
Canstar in issuing the award said certain product features that matter a great deal to small business provided by ANZ including credit facilities and loans.
But this has yet to translate into higher customer satisfaction levels with the bank.
JP Morgan To Cease Proprietary Trading
Global banking giant JP Morgan has apparently decided to close down its proprietary trading operations, sources from within the bank say. According to an unnamed source quoted by Dow Jones, JP Morgan has issued notice to approximately 20 proprietary traders that trade commodities.
JP Morgan has never had a huge focus on proprietary trading, and it’s prop trading desks have tended to be small. Nevertheless those desks have been affected by regulatory reform and in particular the Volcker Rule, which forbids banks from proprietary trading, proprietary investments in hedge funds and private equity.
Australians Believe Not Enough Competition In Banking
A survey undertaken by Australian wealth manager AMP suggests that nearly 78 per cent of all Australians believe that acquisitions by banks should be restricted.It is no coincidence that the survey results were released on the eve of the ruling by the competition regulator on National Australia Bank’s proposed acquisition of Axa Asia Pacific Holdings.
According to the AMP survey, an overwhelming majority of 71 per cent of people polled say they believe that there needs to be increased competition within the Australian financial services sector.