The new American Express Cashback Credit Card


American Express have just launched a new credit card in Australia, and they have taken a different tack with the new card. Instead of offering points as a reward, the new card is a cashback card.

In the past some American Express cards have allowed you to convert points as a part payment on your account. However, this is the first that gives a direct cashback. And it’s an uncapped cashback. You can get 1% back on all eligible spend.

American Express Cashback Card

The standard offer on the card is for an uncapped 1% on most of your purchases. So, if you use the card at the supermarket, the cafe, or at the service station, you can get 1% back on your purchases.

Introductory Offer

As an introductory offer, new cardholders are being offered a bonus 5% cashback for the first three months. Overall, you can get a maximum of cashback of $200 from this offer. To get that $200, you would need to spend $4,000 in the first three months.

That bonus is on top of the basic 1% cashback, so you will be getting up to 6% cashback for the first three months.


In place of the usual annual fee, the American Express cashback card comes with a $10 monthly fee. With the basic cashback offer, once you have spent $1,000 in a month, you will have covered the fee. Any spend over $1,000 in the month you get to keep the money!

Other Benefits

Being an American Express card, it comes with a range of other benefits. These include:

  • BINGE subscription: a monthly BINGE Basic subscription (valued at $10 per month) providing Card Members access to the world’s best TV shows and movies
  • Complimentary insurances: including Smartphone Screen insurance, Purchase Protection, Refund Protection and Fraud Protection guarantee
  • Centr membership: a 12-month Centr membership (valued at $119.99), providing Card Members access to health and wellness content
  • Curated experiences: access to amazing American Express discount offers and specially curated experiences including pre-sale tickets to concerts, sport, events and more

Shop Small

American Express Cashback cardholders can take advantage of the current Shop Small promotion. Instead of the 3 points per dollar on offer in the promotion, they will be offered a bonus cashback of 1.5% when spending at eligible small businesses.

To find out more, visit the American Express website,

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About Author

Mark is the founder of FlyStayPoints, and caught the travel bug early in life. He discovered the benefits of travel loyalty programs in 2001, and is always learning how they can make travel better. While work takes him between Perth and Melbourne, he is always plotting his next adventure.