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American Express Cashback Credit Card: Earn up to 6% cashback

Eligibility criteria, minimum spend, terms and conditions apply

american express cashback credit card

American Express Cashback Credit Card: Earn up to 6% cashback

american express cashback credit card

Eligibility criteria, minimum spend, terms and conditions apply

Up to 1% cashback, uncapped

Earn up to 1% cashback with no limit on the amount of cashback you can earn with your Card

Bonus 5% cashback + no monthly fee for first 12 months

When you apply online by 19 January 2022 and are approved. New card members only

Lifestyle and money-saving benefits

Get a BINGE Basic subscription, Smartphone Screen Insurance, 12 months complimentary access to Centr App, and more

American Express has launched a brand new Cashback Credit Card, offering 1% cashback and a range of perks.

Plus, new Card Members get 5% Bonus Cashback in the first 3 months and no monthly fee for the first 12 months (a saving of $10 per month). T&Cs apply.

American Express Cashback Credit Card: The Lowdown

The American Cashback Credit Card is designed for those who want to be rewarded with a point of difference.

Card Members receive up to 1% cashback on eligible purchases, whilst enjoying a suite of benefits that fully offset the cost of keeping the Card.

On top of that, there’s 5% Bonus Cashback in the first 3 months, up to $200 Cashback, when you apply online by 19 January 2022 and are approved. No monthly fee will be charged for your first 12 months of Card Membership. New Card Members only.

Beyond cashback, Amex’s new credit card is packed with perks, including a BINGE Basic subscription, Smartphone Screen Insurance, 12 months complimentary access to Centr App (valued at $119.95), and lots more.

The bonus 5% cashback for three months (up to a cap of $200) is available to new Card Members only. This means you must not have held a Card issued directly by American Express Australia in the last 18 months.

Head to the American Express website to apply here (secure, mobile-friendly application form). Or, read on to learn more.

american express cashback credit card montage

How does a cashback credit card work?

Credit cards that reward members with a cash rebate are growing in popularity, and the American Express Cashback Credit Card is the newest product to hit the Australian market.

With Amex’s new Cashback Credit Card, every dollar you spend on eligible goods and services gets you a percentage back in the form of a credit to your Card Account.

This is different to a frequent flyer credit card, which typically rewards consumers with points or miles.

How much cashback can I earn?

With the American Express Cashback Credit Card, it’s possible to earn cashback on everything from groceries and regular bills to petrol and public transport.

The cashback rebates are as follows:

  • 1% standard cashback on purchases
  • 0.5% cashback on Government spend
  • 1.5% additional cashback for Card Members who save the American Express Shop Small Offer and spend at participating businesses (valid until 22/03/2022, capped at $200 cashback)
  • 5% bonus cashback on spend for new Card Members for the first 3 months (capped at $200 cashback)

It’s worth pointing out that there’s no cap on the amount of cashback you can earn, provided your Card Account is current and in good standing.

To demonstrate how much cashback could be earned at different monthly spending thresholds, we’ve provided a table below:

Monthly eligible spendStandard cashback rate (non Govt)Additional 1.5% (Shop Small)*Additional 5% for New Card Members^
1%1.50%5%
$500.00$5.00$7.50$25.00
$1,000.00$10.00$15.00$50.00
$3,000.00$30.00$45.00$150.00
$5,000.00$50.00$75.00$200.00

*Card Members must save Shop Small Offer and spend at participating businesses. Up to $200 Cashback. Valid until 22/03/2022
^ available to new Card Members only. Up to $200 Cashback. T&Cs apply.

Save money and get rewarded with other benefits

Above and beyond cashback, the American Express Cashback Credit Card offers a range of other benefits and perks, designed to reward cardholders each and every month. These include:

BINGE Basic Membership: Enjoy a monthly BINGE basic subscription valued at $10 per month. BINGE is packed with the world's best shows, the biggest dramas, plus comedy, reality, crime, docos, movies and more.

Smartphone Screen Insurance: Get peace of mind with cover for smartphone screen repairs up to $500 for each repair. To access this insurance, you must purchase your phone outright or pay your monthly phone bills with your American Express Cashback Credit Card. Terms apply.

Centr by Chris Hemsworth: Receive a complimentary 12-month subscription to Centr, the health and fitness app. This benefit is valued at $119.99 per year. Offer ends 14 February 2022.

American Express Experiences: Get access to once-in-a-lifetime experiences with access to pre-sale tickets.

Amex Offers: Eligible Card Members can receive a statement credit when saving exciting offers from brands like David Jones, Country Road, Ampol, Lululemon, La Mer, Kogan, Luxury Escapes and Liquorland, and meeting a minimum spend threshold.

american express cashback credit card on coins

Unlock American Express Plan It Instalments

As an American Express Card Member, get access to a Buy Now Pay later service which stands out from the pack. Plan It™ Instalments unlocks 0% interest and a repayment timeline of up to 12 months for a low monthly fee. The Amex Cashback Credit Card is eligible to be used with Plan It. A minimum $150 plan amount applies.

American Express Cashback Credit Card fee

If you're new to American Express, enjoy no monthly fee for the first 12 months when you apply online by 19 January 2022 and are approved. Thereafter, a low fee of $10 is payable to hold the American Express Cash Back Credit Card each month.

Since the BINGE Basic subscription alone is valued at $10 monthly, this essentially offsets the fee to hold the card each and every month.

Of course, it’s possible to unlock even more value with the ongoing 1% cashback rebate on eligible expenses, Amex Shop Small offer and access to many other perks.

American Express Cashback Credit Card eligibility

To apply for the American Express Cashback Credit Card, you’ll need to be able to report an annual income of $40,000 or more and have no history of bad debt or payment default.

You must also be an Australian citizen or permanent resident or hold a long term visa. Long term means 12 months or more and does not include a student visa.

The bonus 5% cashback for three months (up to a cap of $200) is available to new Card Members only. This means you must not have held a Card issued directly by American Express Australia in the last 18 months.

Previous and existing bank-issued American Express Card Members (Cards issued by Australia New Zealand Banking Group Limited, Commonwealth Bank of Australia, National Australia Bank and Westpac Banking Corporation) are eligible, along with additional cardholders on someone else's account.

American Express Cashback Credit Card: Earn up to 6% cashback

american express cashback credit card

American Express Cashback Credit Card: Earn up to 6% cashback

Eligibility criteria, minimum spend, terms and conditions apply

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