The American Express® Credit Card

Blue Credit Card

My life is about enjoying every moment.  My card is the ideal shopping companion.

Card Fees and Interest Rates

All fees are VAT- inclusive and are effective from 1 January 2012.
Monthly Service Fees

 
Monthly fee R15,00.
Supplementary Card R15,00.
Membership Rewards™1 R169,00.
Once-off initiation fee R112,00.
Purchases  
Credit Card Free.
Transactional SMS notification Free.
Deposits  
Cash (over the counter and at Nedbank ATM) R4,00 plus R1,25 per R100,00 or part thereof (minimum R17,00).
Cheque (over the counter and at Nedbank ATM) R13,50.
Cash withdrawals  
Over the counter at Nedbank branch R25,00 plus R1,20 per R100,00 or part thereof.
Nedbank ATM and SSD R3,50 plus R1,20 per R100,00 or part thereof.
Saswitch ATM R6,00 plus R3,50 plus R1,20 per R100,00 or part thereof.
Overseas2 R24,50 plus R3,50 plus R1,20 per R100,00 or part thereof.
Transfers and payments  
Electronic payment (internet and SSD)3 R3,80.
Transfer (internet and SSD)3 R3,80.
Transfer (over the counter at Nedbank branch) R15,00.
Notifications  
NetBank internet payment – SMS R0,70.
NetBank internet payment – email R0,55.
NetBank internet payment – fax R3,00.
Balance enquiries  
Nedbank ATM and SSD R1,50 (first per month free).
Another bank’s ATM R4,00.
Branch R2,50.
NetBank (internet) Free.
Statement enquiries  
Nedbank ATM R3,90 (first per month free).
Nedbank SST R4,00.
Emailed/Posted statement Free.
Other fees  
Dishonoured payment R125,00.
Tracing Up to R377,00.
Incorrectly disputed transaction (local or international) R150,00.
Other charges  
Card replacement Free.
Face-to-face Card delivery R135,00.
Same-day Card delivery R375,00.
Special clearance of cheque deposit in branch R70,00.
Returned cheque R125,00.
Monthly user internet banking subscription fee4 R16.00.
 
1 The Membership Rewards™ Programme fee will be charged on an annual basis.
2 All foreign exchange transactions attract a currency conversion fee.
3 Includes transfers and payments via self-service terminals, self-service devices, NetBank internet banking, Cellphone Banking WAP, SMS Banking, Telephone Banking: Agent-assisted and Telephone Banking: Self-service.
4 Internet banking fee charged if this is the sole Nedbank account.
ATM
 automated teller machine
SSD self-service device
SST self-service terminal
 
New credit interest rates for the American Express Credit Card (Gold and Blue Credit)
Bands Current credit interest rates New credit interest rates
R0 - R49 999 0%. 0%.
R50 000 + 0%. 0%.
 
Debit interest rate 17.65%.
 

Eligibility

We welcome you to apply for the American Express Credit Card, providing the following criteria are met:

  • You are over 18 years of age;
  • You have a good credit rating;
  • You are a South African resident; and
  • You have an annual income of R36,000 or more.