The American Express Low Rate credit card has 55 days interest-free on purchases and a purchase rate of 10.99% p.a.. No annual fee. Up to 4 additional cardholders can be added for $0.
The Target Market for this credit card are consumers who:
are looking to make purchases on credit with a card that charges no annual fee and an interest rate of 10.99%; and
earn a sufficient income to enable them to pay their outgoings and living expenses, in addition to their card repayments each month without experiencing financial hardship.