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American Express
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American Express EssentialTM Credit Card

AMERICAN EXPRESS

Low interest for carrying a balance

American Express EssentialTM Credit Card

Annual fee No feePurchase APR 12.99%
Apply on American Express

Why get this card

  • No annual fee
  • Low 12.99% purchase rate

Earn rates

No earn rates captured.

Welcome offer

No welcome offer captured.

Fees

Annual fee
No fee
Additional card
Foreign transaction fee

No annual fee

Interest rates

Purchase APR
12.99%
Cash advance APR
12.99%
Balance transfer APR
Grace period
Rate effective date

Benefits & insurance

Lounge access
Insurance coverages

Redemption & eligibility

Reward currency
Redemption options
Transfer partners
Min. personal income
Min. household income

Compare with similar cards

Frequently asked

Is the American Express EssentialTM Credit Card worth it?
It carries a No fee annual fee. No annual fee. Compare it against similar cards below before deciding.
What is the annual fee and interest rate on the American Express EssentialTM Credit Card?
The annual fee is No fee. The purchase interest rate is 12.99% and the cash advance rate is 12.99%. These are sourced from American Express's official page.
What rewards does the American Express EssentialTM Credit Card earn?
This card does not focus on rewards; see its fees and rates above.

Official sources

Every figure on this page comes from American Express's own pages. Last checked 2026-06-13.