What is a Cashback Card?
Respend your money all over again.
What is a Cashback Card?
Respend your money all over again.
What is Cashback?
Cashback is a Credit Card benefit that allows you to earn money back for each purchase made with the relevant Card.
What is a Cashback Card and how does it work?
A Cashback Card is a credit card with a difference – for every dollar you spend you get a percentage of it back, as a statement credit to your Card Account.
It’s like getting a small rebate on every eligible purchase.
Here’s an example: if you have a 1% Cashback rate and spend $2,000 in a month, you’ll earn $20 Cashback, which will appear on your monthly statement.
How does the American Express CashbackTM Card work and what are the benefits?
- Earn Cashback on your everyday spend
The American Express CashbackTM Credit Card gives you 1% Cashback per $1 spent on all purchases, except at government bodies in Australia where you will earn 0.5% Cashback per $1 spent.1 - Lots of ways to earn
Earn Cashback on everything from groceries and regular bills to petrol and public transport. There’s no cap on the amount of Cashback you can earn, as long as your Account is current and in good standing. So, it makes sense to use your Card everywhere you can. - More Cards, more Cashback
Add up to 4 Additional Card Members and earn Cashback on their spend.2
The American Express CashbackTM Credit Card
New Card Member Offer:
- First year free when you apply online, are approved and pay $0 monthly fee for the first year (saving you $120). New Card Members Only³
Earn up to 1% Cashback including:
- 1% standard Cashback1 on purchases
- 0.5% Cashback1 on government spend
Low $10 monthly fee
- Enjoy a wide range of American Express benefits and offers. Explore them here.
BINGE
- Get a BINGE Basic subscription on us, valued at $10 a month. With new stuff added daily BINGE is packed with the world's best shows, the biggest dramas, plus comedy, reality, crime, docos, movies and more.4
Insurance included
- Enjoy Smartphone Screen Cover, as well as Card Purchase and Refund Cover5
Up to 55 days interest free
- Up to 55 days interest free on purchases provided you pay the full closing balance of your monthly statement by the due date each month6.
- The interest rate is 21.99%.7
1. Cashback. Subject to the Terms and Conditions of the American Express Cashback Credit Card Rebate Program available here. Eligible purchases must be at least $1 and the value of each purchase will be rounded down to the nearest dollar before Cashback is calculated. Transactions with government bodies will earn at the rate of 0.5% per dollar spent. Merchants classified as government, include the Australian Taxation Office, the Australian Postal Corporation (Australia Post), federal/state and local government bodies, including where you use a payment account, payment aggregator, services of a third party or online retailers that sell goods for another merchant. Eligible purchases do not include interest, fees, balance transfers or converted balances (from both American Express and other issuers), loading of pre-paid cards, or foreign exchange transactions. Cashback will be paid to you as a statement credit to your Account each month and included in your monthly statement. Cashback is not redeemable for cash, including through a credit balance refund. We will only credit your account if it is in good standing and not overdue.
2. Additional Cards. Additional Card Members must be 16 years of age or over. Please note Additional Cards are referred to as Supplementary Cards in some Terms and Conditions and marketing materials. The basic Card Member will be liable to pay for all spend made by Additional Card Members.
3. Bonus & Eligibility. No monthly membership fees will be charged for the first 12 months of Card Membership, monthly fee reverts to $10 per month thereafter. Offer only available to new American Express Card Members who apply online and are approved. Card Members who currently hold or who have previously held any Card product issued by American Express Australia Limited in the preceding 18 month period are ineligible for this offer. This advertised offer is not applicable or valid in conjunction with any other advertised or promotional offer.
4. BINGE subscription. Based on BINGE Basic. Must pay for subscription using American Express Cashback Credit Card to receive $10 back each time as a statement credit. Not available in conjunction with other offers or via third party billers. One BINGE Basic subscription per month per American Express Cashback Credit Card Primary account holder. Subject to terms and conditions available here.
5. Cashback Card Insurance: The insurance on American Express Cards is subject to terms, conditions and exclusions (such as maximum age limits, pre-existing medical conditions and cover limits). You must use your American Express Cashback Credit Card to pay for eligible items for those items to be covered under the retail insurance benefits. It is important you read the American Express Cashback Credit Card Insurance Terms and Conditions and consider whether the insurance is right for you. We do not provide advice about the insurance or whether it is appropriate for your objectives, financial situation or needs. This insurance is underwritten by Chubb Insurance Australia Limited (ABN 23 001 642 020, AFSL No. 239687) under a group policy of insurance held by American Express Australia Limited (ABN 92 108 952 085, AFSL No. 291313). Access to this insurance is provided solely by reason of the statutory operation of section 48 of the Insurance Contracts Act 1984 (Cth). Card Members are not a party to the group policy, do not have an agreement with Chubb and cannot vary or cancel the cover. American Express is not the insurer, does not guarantee or hold the rights under the group policy on trust for Card Members and does not act on behalf of Chubb or as its agent. American Express is not an Authorised Representative (under the Corporations Act 2001 (Cth)) of Chubb.
6. Interest Free Period. You will have up to 55 days interest free on purchases provided you pay the full closing balance of your monthly statement by the due date each month. There is no interest free period on balance transfers or if you carry forward a balance from the previous statement period. The total of interest free days will depend on when you make the purchase and when your statement is issued.
7. Interest Rate. This interest rate does not apply for Cash Advances and associated fees.