The best feature of this card is a low 8.99% purchase rate. It’s not the lowest you’ll find in the market, but it is pretty close, which is something special coming from 2017 Mozo Credit Card Provider of the Year American Express who pride themselves on going above and beyond on service and extras.
The card comes with a handy 0% on Balance transfers for the first 12 months but be prepared to pay a one off credit plan establishment fee of 1% on any balance you choose to transfer.
The card has no annual fee and up to four supplementary cards at no extra cost.
It also comes with American Express’ refund and purchase protection meaning that Amex will repair or refund the cost of eligible items bought on the card that are damaged or stolen within 90 days of purchase.
Who it's good for:
For shoppers who want the glamorous feeling of paying by Amex card at the checkout without the gold plated price tag, this is the card for you.
It may be cheap but also the only card from American Express that comes without access to a rewards program. Watch out for the 1% credit plan establishment fee that will applies to any balance you transfer and keep in mind that some merchants will charge if you choose to pay on Amex.
If you do decide to take up the Balance Transfer offer be aware that you can only transfer a maximum of $7,500 or 50% of the total credit limit.