$200 Travel Credit each year
Earn up to 3 Membership Rewards Points per $1
0% p.a. on Balance Transfers for the first 12 months
Complimentary Travel Insurance
$195 Annual Fee
1% Balance Transfer Fee
|Category||Frequent Flyer & Travel Credit Cards, Balance Transfer Credit Cards and Rewards Credit Cards|
|Card Type||American Express|
|Benefits||Complimentary Travel Insurance and Travel Credit|
|Minimum Credit Limit||$3,000|
|Rewards Program||American Express Membership Rewards|
|Points Earn Rate||3 points per $1|
There is no cap on earn rate.
|Contactless Payments||Apple Pay, Fitbit Pay, Google Pay and Samsung Pay|
|Rates & Fees|
|Purchase Rate||20.74% p.a.|
|Late Payment Fee||$30|
|Annual Fee||$195 p.a.|
|Interest Free Period||55 days|
|Balance Transfer Rates|
|Balance Transfer Period||12 months|
|Balance Transfer Rate||0% p.a.|
|Balance Transfer Fee||1%|
|Release date||Aug 2006|
Minimal Cover Travel Insurance - ask questions and read the fine print before travelling
I used my card to book a hire car at Seattle, the Amex travel insurance did not cover the hire car loss of personal items, notebook , travel documents and passport which was broken in to later . The Amex Travel Insurance cover does not activate unless you buy your air, train or bus ticket with your Platinum Card. You must keep all records and itinerary for claims. The Amex ACE travel insurance is value to a point, but does not cover any collision damage waiver claims whatsoever so is near useless for car rentals. I used another business card to...cover the Air Ticket so l could not make a claim. I have checked with all the Australian banks, the best card for travel is the National Australia Bank Platinum Visa Card, it covers all travel insurance and the rental car waivers as required as long as the value of the air, bus or travel ticket exceeds $500.00 and is purchased with the NAB PIatinum Visa Card. Check with National Australia Bank for their travel insurance conditions, I think you will get the best travel insurance value with National Australia Bank Platinum Visa Card.
Bad service for retirees
It seems that no matter how wealthy one is the AMEX system is geared to help those with high incomes not high wealth. With a higher % of retirees, many wealthy, in the population I hope they change or they will fade away.
Average Reward Program with Exorbitant Fees
Used the card for few years and although it looked attractive in the beginning. Its outrageous paying $149/yr on a card that charges 21.55% interest.
A quick summary on their rewards and if they are really useful:
- Their complementary insurance has nearly 3 times exclusions making it almost worthless.
- Their reward program is above average however be prepared to pay surcharges in 1 in 5 retailers and spend over 150K/Yr to reap any noticeable benefit.
- 1 in 3 retailers wont accept amex so you would have to keep a second card handy at al...
No one accepts it.
I took out this card as I bank with a bank that doesn't have a rewards credit card. I purchase everything I can on this and use the points towards tickets etc.
The no touch only works with certain readers and you find yourself having to touch, then insert then swipe and finally sign... which is ridiculous in this day and age. It makes you feel you have no money left on your card.
Amex needs to review their fee structure There are too many places that don't accept this card.
I am constantly filling out the form for places that don't accept the card. I refuse to pay the surcharge that even the most popular places add.
Touch and go is flakey. No one seems to want to accept it.
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