Get Preferential Rates with American Express Platinum Credit

Get Preferential Rates with American Express Platinum Credit

American Express is a financial institution that has been in the business since 1958. Since inception it has offered its clientele a number of benefits for using American Express Credit.

Credit cards are offered as Gold, Platinum, Platinum Credit Card and Gold Credit Card to clients.

More about the American Express 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 R50.00 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.

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

Ideal for everyday purchases, travel and entertainment, American Express Platinum Credit cards also come with the benefit of access to a membership rewards programme. You can transfer your American Express points to your favourite frequent traveller programme. Additionally, you are also able to benefit from SAA Voyager Miles by earning frequent flyer miles.

You can also get great special deals at theme parks as well as car and rail services. Hiring a car becomes much simpler with American Express travel rewards.

Travel insurance is included and provides cover for local and international travel.

The Budget facility is useful for making larger purchases and is repayable over 3, 6, 12, 24 or 36 months.

The card also comes with a balance transfer option, along with a Payment Protection Plan. Balance Transfer Credit Cards allow a transfer of a current amount in one credit card to another one, subject to a rate of interest.

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Categories: Credit cards