Take advantage of flexible
payment options
How Amex payment flexibility fits your lifestyle
With life’s ups and downs, it feels good to have some flexibility with the money you have to spend. Perhaps you are renovating your home, or you’ve just booked a holiday. With Amex, you can choose different ways to pay your Credit Card’s balance to suit your needs.
Plan It®
Need to manage large payments or pay off your balance over time? Why not Plan It? This payment feature allows you to pay off a portion of your Credit Card balance or one eligible purchase at a time1.
- Amount Based Plans: Pay off a portion of your balance of $100 or more into a three, size or twelve-month instalment plan.
- Transaction Based Plans: Pay off an individual transaction of $100 or more into a three, size or twelve-month instalment plan.
Use our calculator to see how Plan It works.
With both Plan It options, you don’t need to pay interest on the balance, just a fixed monthly fee1. Enjoy the peace of mind of knowing exactly how much you’ll need to pay each month, so you can keep on top of your monthly repayments.
Plan It is already on your Card, so you can get started today and select the transaction or amount you want to pay in instalments.
Pay over time
When your Credit Card bill arrives, you can either pay it in full on or before the statement due date, or choose to pay over time. By paying the minimum monthly payment amount due for American Express® Credit Cards, you will need to pay interest and pay the minimum payment of 2.5% of your bill or $30 (whichever is higher) each month.
Enjoy interest-free periods
Your interest-free period is the time between making a purchase and when interest is applied to your purchase. This can be up to 25 days following the end of your statement period, though it does depend on your Card. To get the most of your interest-free time, make your purchase on the first day of a new statement period and pay the closing balance by the due date shown on your statement.
Manage your Credit Limit
A Credit Limit is the maximum amount you can spend on your Credit Card. It’s set when you first apply for your Card. You can request a certain amount, or we’ll assign you one, based on your financial circumstances.If you need to increase or decrease your limit, just contact us and ensure that the amount of credit you ask for is in line with how much you can afford to pay back.
Maximise rewards and benefits when you spend on your Credit Card
As an American Express Cardholder, you’ll be able to enjoy unique offers, travel benefits and other Membership Rewards, depending on which Card you choose. Using American Express Credit Cards to pay for as many expenses as possible means your Membership Rewards points can add up quickly2.
Explore the rewards and benefits of our American Express Credit Cards to see which one suits you best:
The American Express® Essential Rewards Credit Card. Get up to 55 days to pay for purchases3 and enjoy elevated benefits like pre-sale and reserved tickets, complimentary drink vouchers and other perks unique to our partners’ venues.
The American Express Explorer® Credit Card. Get up to 55 days to pay for purchases3 and receive $400 to spend on eligible domestic and international flights, hotels or car hire with American Express Travel4.
The American Express® Platinum Edge Credit Card. Get up to 55 days to pay for purchases3 and receive $200 to spend on eligible domestic and international flights, hotels or car hire with American Express Travel5.
The Low Rate Credit Card from American Express®. Get up to 55 days to pay for purchases3 and save with No Annual Card fee and our lowest interest rate on purchases6.
1. Plan It Terms and Conditions
- You can create an Instalment Plan as long as your account is in good standing. We may withdraw this offer, prevent you from creating any new Instalment Plans or cancel any of your existing Instalment Plan(s) at any time if your Card Account is overdue, or if you do not comply with your Card Conditions.
- The minimum Plan amount is AUD $100. We may also limit the amount that can be transferred to an Instalment Plan.
- You will be charged a Monthly Plan Fee for each Instalment Plan created. This fee will be charged each month your Instalment Plan is active and will be disclosed to you at the time of creating your Instalment Plan.
- Each Instalment Plan will begin from the date it is successfully created, as communicated to you in your Online Account.
- Payment of your first Monthly Instalment will be due in your next payment cycle.
- You may request to cancel your Instalment Plan(s) at any time through your Online Account or the Amex App. Any billed Monthly Plan Fees will remain payable, but no further Monthly Plan Fees will be billed after cancellation is effective. As cancellation can take 24-48 hours to process (“Processing Time”), you may be charged a further monthly plan fee after requesting cancellation if the Processing Time occurs on your payment date.
- View the full Plan It® Instalment Terms and Conditions here.
2. Subject to the Terms and Conditions of the Membership Rewards program available here. Merchants classified as "government" include the Australian Taxation Office, the Australian Postal Corporation (Australia Post), Federal/State and Local Government bodies. Industry specific earn rate may apply when you use a payment account, payment aggregator, services of a third party or online retailers that sell goods for another merchant. For example a payment made to Local Government bodies processed through a payment aggregator may earn rates at the government earn rate. There may be tax implications associated with participation in the Membership Rewards program. You are advised to check with your accountant or tax adviser for further information.
3. 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.
4. If your Card has a Travel Credit benefit, the Primary Card Member is eligible for an annual Travel Credit, subject to the full Travel Credit Terms and Conditions at amex.com.au/explorer-travelcreditterms. The Travel Credit can be redeemed through American Express Travel Online on a single eligible travel booking by selecting the Travel Credit when you checkout. To redeem the Travel Credit, the full value of the Travel Credit (or more) must be charged to the eligible Primary Card. Eligible travel includes flights, hotels and car hire when you prepay in advance. The Travel Credit can be used for 365 days from the benefit anniversary date and cannot be used past the expiration date. To check the expiration date of your Travel Credit if you have not already redeemed it, please visit americanexpress.com.au/travel; log in and click ‘Travel Credit’. If your booking is cancelled, and your Travel Credit has already been used and associated statement credit applied to your account, you will forfeit your annual Travel Credit benefit and American Express may reverse the statement credits issued. You need to be able to spend on the Card to access the Travel Credit benefit and it should be credited to your Card Account within 3 business days but may take up to 30 days. Your account must be in good standing and you must have paid the annual fee and minimum payment by the due date. If you cancel your Card, change your rewards program or Card type, you will no longer be eligible for the Travel Credit.
5. Travel Credit. If your Card has a Travel Credit benefit, the Primary Card Member is eligible for an annual Travel Credit, subject to the full Travel Credit Terms and Conditions at amex.com.au/platinumedge-travelcreditterms. The Travel Credit can be redeemed through American Express Travel Online on a single eligible travel booking by selecting the Travel Credit when you checkout. To redeem the Travel Credit, the full value of the Travel Credit (or more) must be charged to the eligible Primary Card. Eligible travel includes flights, hotels and car hire when you prepay in advance. The Travel Credit can be used for 365 days from the benefit anniversary date and cannot be used past the expiration date. To check the expiration date of your Travel Credit if you have not already redeemed it, please visit americanexpress.com.au/travel; log in and click ‘Travel Credit’. If your booking is cancelled, and your Travel Credit has already been used and associated statement credit applied to your account, you will forfeit your annual Travel Credit benefit and American Express may reverse the statement credits issued. You need to be able to spend on the Card to access the Travel Credit benefit and it should be credited to your Card Account within 3 business days but may take up to 30 days. Your account must be in good standing and you must have paid the annual fee and minimum payment by the due date. If you cancel your Card, change your rewards program or Card type, you will no longer be eligible for the Travel Credit.
6. This interest rate does not apply for Cash Advances and associated fees.