Feast your eyes on Amex’s new Essential Credit Card offer

Ceyda Erem

30 Jan 2019

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A 2018 Mozo Experts Choice Award winner, with no annual fee and a low 14.99% purchase rate, you might think the American Express Essential Credit Card couldn’t get any better.

Actually it can.

From tomorrow, Amex are giving new cardholders the chance to receive a $50 Dining Credit if they spend $50 or more in one or more transaction using Deliveroo or with the Rockpool Dining Group in the first month.

“For Aussies that are fans of the participating restaurants this could be their dream plastic perk,” said Mozo Director, Kirsty Lamont.

“And with a great rewards program and two Mozo Experts Choice Award wins under its belt, it’s not hard to see why the American Express Essential Credit Card makes for a top pick.”

RELATED: Looking to blast away credit card debt with a balance transfer? This is how the January 1 changes could affect you

But while the idea of gift cards, cash back and airport lounge access could sound tempting, many Aussies may still question the true value of owning a rewards credit card.

According to the Mozo database, the average return for a rewards credit card on a $20,000 yearly spend is $50.

However, the American Express Essential Credit Card had a return value of a $196.

RELATED: Essential travel money plastic to pack for your holiday abroad

“Finding a rewards card that not only delivers on features but actually offers a decent return can be tricky, but the Amex Essentials Credit Card offers do just that,” said Lamont.

“And the fact that there’s no annual fee makes it easy on the wallet too.”

So if you’d like to take advantage of the new American Express Essential Credit Card offer, be quick, because this offer is only available till 31 March, 2019.  

And if you’d like to compare more plastic options, check out the offers down below or head on over to our rewards card comparison tool.

4 credit card offers - rates updated daily

  • Promoted

    Apply By 30 November 2019

    Citi Platinum - Balance Transfer Offer

    0% p.a. for 26 months and then 22.24% p.a. (1.50% balance transfer fee)

    21.49% p.a.

    $199 $0 in the first year

    0% per annum for 26 months on purchases and balance transfers. No Annual Fee for the first year then $199 each year after. Complimentary International Travel Insurance.

    • 0% p.a. for 26 months and then 22.24% p.a. (1.50% balance transfer fee)

    • $199 $0 in the first year

    • 21.49% p.a.

    • 55

    • 22.24% p.a.

    • 3.5%, min $3.50

    • Transfer points to a range of airline programs or redeem your points for travel, cashback, gift cards, retail rewards and shopping gift cards.

    Read our Mozo Review to learn more about the Platinum - Balance Transfer Offer

    Details Close

  • Promoted

    ANZ Frequent Flyer Black

    No current offer

    20.24% p.a.

    $425

    Score 100,000 Bonus Qantas Points and $200 cash back to your new card by spending $4,000 in the first 3 months. Eligibility criteria, T&Cs, fees and charges apply. Winner Mozo Expert Choice Award 2018 - Premium Card Benefits.^

    • No current offer

    • $425

    • 20.24% p.a.

    • 55

    • 20.24% p.a.

    • 2%

    • Points are automatically credited to the Qantas Frequent Flyer program.

    Read our Mozo Review to learn more about the Frequent Flyer Black

    Details Close

  • Promoted

    American Express Velocity Escape Card

    0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)

    20.74% p.a.

    $0

    Earn up to 1.75 Velocity Points. Have limited stress with the Velocity Escape with no annual fees and receive 0% p.a. on balance transfers for the first 12 months. Credit Card Provider of the Year in the Mozo Experts Choice Awards 2018.^ T&C’s apply

    • 0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)

    • $0

    • 20.74% p.a.

    • 55

    • Points automatically transferred to your Velocity account

    Read our Mozo Review to learn more about the Velocity Escape Card

    Details Close

  • Promoted

    Citi Signature

    0% p.a. for 15 months and then 22.24% p.a. (1.00% balance transfer fee)

    21.49% p.a.

    $395 $199 in the first year

    120,000 bonus points when you spend $4,000 within 90 days from card approval. Complimentary features like travel insurance and concierge.

    • 0% p.a. for 15 months and then 22.24% p.a. (1.00% balance transfer fee)

    • $395 $199 in the first year

    • 21.49% p.a.

    • 55

    • 22.24% p.a.

    • 3.5%, min $3.50

    • Transfer points to a range of airline programs or redeem your points for travel, cashback, gift cards, retail rewards and shopping gift cards.

    Read our Mozo Review to learn more about the Signature

    Details Close

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