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

  • Apply By 30 April 2019

    HSBC Platinum Credit Card

    0% p.a. for 22 months and then 21.99% p.a.

    19.99% p.a.

    $129 Refunded when you spend over $6,000 p.a

    0% p.a. on balance transfers for 22 months. Conditions apply. Travel like a high-flier with 2 airport lounge passes every year.

    • 0% p.a. for 22 months and then 21.99% p.a.

    • $129 Refunded when you spend over $6,000 p.a

    • 19.99% p.a.

    • 55

    • 21.99% p.a.

    • 3%, min $4.00

    • Redeem your points for travel, gift cards, retail rewards and shopping gift cards.

    Read our Mozo Review to learn more about the Platinum Credit Card

    Details Close

  • American Express Explorer® Credit Card

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

    20.74% p.a.

    $395

    Generous perks include a massive 50,000 bonus points when you apply online and meet the spend criteria, a $400 Travel Credit each year, 2 complimentary Amex Lounge passes and more! Note: point redemption rates will change as of 15 April 2019, please visit the Amex website for more information. Credit Card Provider of the Year in the Mozo Experts Choice Awards 2018.^

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

    • $395

    • 20.74% p.a.

    • 55

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

    Read our Mozo Review to learn more about the Explorer® Credit Card

    Details Close

  • Apply By 28 February 2019

    Woolworths Everyday Platinum Credit Card

    0% p.a. for 14 months and then 21.99% p.a.

    19.99% p.a.

    $49 $0 in the first year

    Perfect for practical spenders, pay no annual fee in the first year and save up to $50 on your Woolies shop each month. Plus new cardholders can score a $50 Woolies eGift Card when you spend $150 a month for the first 3 months. Too easy!

    • 0% p.a. for 14 months and then 21.99% p.a.

    • $49 $0 in the first year

    • 19.99% p.a.

    • 55

    • 21.99% p.a.

    • 3%, minimum $5

    • Woolworths Money Shopping Card sent every 4 months if enough points have been accrued.

    Read our Mozo Review to learn more about the Everyday Platinum Credit Card

    Details Close

  • Apply By 30 April 2019

    Qantas Money Qantas Premier Platinum

    0% p.a. for 18 months and then 21.99% p.a.

    19.99% p.a.

    $299 $149 in the first year

    Receive 70,000 bonus Qantas Points when you spend $3,500 within 90 days of card approval, and an additional 30,000 bonus points after the first anniversary of the card. $299 per year. Special Offer- $149 annual fee for the first year, offer ends 30 April 2019.

    • 0% p.a. for 18 months and then 21.99% p.a.

    • $299 $149 in the first year

    • 19.99% p.a.

    • 55

    • 21.99% p.a.

    • 3%, min $3.00

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

    Read our Mozo Review to learn more about the Qantas Premier Platinum

    Details Close

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