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American Express Platinum Edge

American Express Platinum Edge

2.6 from 63 reviews · View Statistics
See the Best Frequent Flyer & Travel Credit Cards in 2021 as rated by Australians on ProductReview.com.au.
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Pros

  • $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

Cons

  • $195 Annual Fee

  • 1% Balance Transfer Fee

Details

CategoryFrequent Flyer & Travel Credit Cards, Balance Transfer Credit Cards and Rewards Credit Cards
Card TypeAmerican Express
BenefitsComplimentary Travel Insurance and Travel Credit
Minimum Credit Limit $3,000
Minimum Income $50,000
Minimum Repayments2.5%
Rewards ProgramAmerican Express Membership Rewards
Points Earn Rate 3 points per $1
Points Conditions
  • 3 points per $1 spent at major supermarkets and petrol stations

  • 2 points per $1 spent in a foreign currency, overseas and online

  • 1 point per $1 spent on all other purchases

There is no cap on earn rate.

Contactless PaymentsApple Pay, Fitbit Pay, Google Pay and Samsung Pay
Rates & Fees
Purchase Rate20.74% 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 dateAug 2006
Visit official website

Reviews

  • Transparency
    5.0 (1)
  • Customer Service
    5.0 (1)
  • Rates and Fees
    4.0 (1)
  • Online Experience
    5.0 (1)
  • Application Process
    5.0 (1)
Previous
Next
Candycrushaddict
CandycrushaddictAustralia
  • 19 reviews
  • 9 likes

Disappointed with the reduction of reward points

published
Transparency
5/5
Customer Service
5/5
Magic Pudding
Magic Pudding
  • 3 reviews
  • 4 likes

Engine Failure on Free Flight Offer

published
Magic Pudding
Magic Pudding
FrequentFlyer12
FrequentFlyer12Sydney Surrounds, NSW
  • 2 reviews
  • 1 like

Minimal Cover Travel Insurance - ask questions and read the fine print before travelling

published
Rustyd
Rustyd
  • 5 reviews
  • 4 likes

Bad service for retirees

published

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.

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Grant S
Grant S
  • 3 reviews

Free Flight - Limitations

published

I have used this card for several years and find it very suitable. The only negative is with the 'free flight'. This is limited to major city departure points. I have two regional airports, Newcastle and Port Macquarie both serviced by Virgin however I cannot fly out of them. I can book a flight from Brisbane to Newcastle return, but I cannot book a flight from Newcastle to Brisbane return - seems Irish to me. So rather than give the flights away each year, I am giving the card away. i have raised the issue with them, however there appears to be no flexibility with it.

Ronalds
Ronalds
  • 7 reviews
  • 15 likes

Average Reward Program with Exorbitant Fees

published
Disgruntled
DisgruntledMelbourne
  • 2 reviews
  • 1 like

No one accepts it.

published

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.
Points.
Touch and go is flakey. No one seems to want to accept it.

Disgruntled
Disgruntled

I have since Got Rid of this card as I was never using the travel rewards.. The times I did use the travel rewards the prices on the rewards sites were more expensive than booking directly, so It was a total waste..

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Next
MelbourneDesigner
MelbourneDesignerMelbourne
  • 3 reviews

OK

published
Me_Myself_and_I
Me_Myself_and_IAU
  • 17 reviews
  • 1 like

OK

published

Overall I think American Express offer a great service and have a very good acceptance rate when compared to some other cards.
Being a platinum card credit card it came with a number of additional features like a American Express personal asistant to help purchase unsual things or to help when you find yourself stuck. The rewards program offers is terrific in a dollar per point and points per reward. They also send a travellers magazine which is informative and tempting.
Interest Rate if you don't pay the full balance.
The merchant fees for American Express are higher then some other cards.

Frequent Flyer & Travel Credit Cards

Find out how American Express Platinum Edge compares to other Frequent Flyer & Travel Credit Cards

Know better, choose better.

Compare all
simonebb
simonebbMelbourne, Victoria
  • 7 reviews
  • 5 likes

OK

published

Think this is a great card if you use it wisley. Offers good perks but only good if you utilise them. American Express great for customer service.
Get free domestic trip per year, travel insurance and other perks. Competative interest rate, great customer service, great points system
A lot of retailers do not take amex and annual fee high

starflyy
starflyy
  • 63 reviews
  • 2 likes

OK

published

It is great I wish that they offered a cheaper annual fee because that really lets this card down. The rewards program is very good they give you about an extra half point per dollar than other cards.
It comes with a free flight Australia wide and it is very upperclass, the limit is very high which means that you will be able to spend up big.
The annual fee is about tripple of it's competitors prices which makes is hard to justify spending $300 + a year for the right to spend money that you are going to pay fees on.

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