American Express EssentialTM Credit Card


American Express EssentialTM Credit Card

Apply by phone 1-800-869-3016

Overview of credit card features

 
 
  • Annual Fee
$25
  • Annual interest rate
12.99%
  • Travel Medical Insurance
no
  • Travel Accident Insurance
yes
  • Trip Cancellation Insurance
no
  • Trip Interruption Insurance
no
  • Vehicle Rental Insurance
no
  • Travel Family Insurance
no
  • Concierge Services
no
  • Price Protection Insurance
yes
  • Extended Warranty (1 Year)
no
  • Purchase Protection (90 days)
yes

Card details

American Express Essential Credit Card; $0 annual fee; ongoing 12.99% purchase APR (one of the lowest of any Amex card in Canada); no rewards program (trades rewards for a low rate); 21.99% cash advance APR; 2.5% foreign transaction fee; baseline insurance: buyers assurance, purchase protection, travel accident, common carrier accident; Front of the Line presales; Amex Offers; reports to Canadian credit bureaus to help build credit history.

This card is good for:

Cardholders who carry a month-to-month balance and want the lowest possible Amex APR over rewards.

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