An applicable spending limit is customised to suit your personal financial requirements. The minimum spending limit that will be assigned is R2000. Your individual spending limit is determined by your lifestyle needs and what you can afford. Once accepted into the world of American Express you can shop almost everywhere both locally and abroad.
Lessen the load of unusually large transactions. Our easy payment strategy allows Cardmembers to spread manageable payments over a period of 6-24 months by charging the purchase to a budget facility.
Monthly payments are calculated to include 100% of fees, finance charges, the overline amount and budget instalment, and 5% of the outstanding balance.
An Automatic Payment Order may be set up for the account to be paid automatically every month, and can be specified to cover the full amount, minimum amount or for a set amount.
Your Card entitles you to emergency cash when overseas. Present your Card at any American Express Travel or Foreign Exchange Office and you can withdraw up to 50% of your credit line per billing cycle (depending on whether you have that amount of credit available).
American Express Platinum Credit Card offers a dispute service. When a legitimate dispute arises the item being questioned is set aside and the Cardmember pays the balance of the account. Finance charges are not raised on items American Express agrees to place on dispute until resolved.
In the event of the Cardmember losing their Card or it being stolen, it must be reported immediately by calling 0800 110 929. The Cardmember will not be held liable for any transactions arising thereafter. Lost Card protection is free.
This is unique insurance policy that covers our Cardmembers for an outstanding Credit Card balance of up to R150 000 (including their budget facility) should the Cardmember pass away or be in left unable to earn an income.
For only R7.90 per R1 000 of outstanding balance cover, The American Express Payment Protection Plan provides cover against all of the following eventualities:
The Payment Protection Plan is offered to American Express Platinum Credit Cardmembers under the age of 65. Their acceptance guaranteed and no medical examination is required. The premiums will be conveniently debited to the Cardmember’s Platinum Card. For further information on The Payment Protection Plan, please refer to Nedgroup Life on 0860 263 543.
We welcome you to apply for the American Express Platinum Credit Card, providing the following criteria are met: