$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|
Great credit card with Amex benefits
I had this card for many years before I had To close it for a loan approval. The offers on the card are pretty good. I could have up-to 4 supplementary cards without an extra fee. This card has annual fee but instead gives you travel credit to use on Amex travel portal which was easy to use as the range is wide and prices are not much more expensive than other travel booking websites. It’s well worth the annual fee.
Have had this card for quite a few years - serves it purpose - $200 credit (previously credit a flight ) $199 annual fee. I travel so it it is useful has travel insurance component & additional cardholder. If you are traveling overseas and happen to be in Sydney use the amex lounge in Sydney.
It suits my budget and lifestyle - I recommended to my children -now have their own Amex platinium card - which I did not get points for recommending (I could have) they are happy with the benefits of the card .
Amex does not have the 3% transaction...
Good card with Frequent Fly points.
This is the card I try to use as much as possible. As my other card (My Card) has been reducing the amount of Frequent Flyer points I can get each month as I believe a lot of others Card Service have been doing, unless you are paying very large yearly fees. Service has been good, but not used much since getting in 1998. Credit cards should be used as tool not credit unless you want hedge bills each month. Put everything you can on your credit card for the month and then sweep (pay) the bill on the due date. This can be done by your bank automat...ically. This gives you the credit free period and no interest to pay along with the bonus of Frequent flyer points. It is also good to keep track of your spending. If you can’t do this don’t get a credit card. We have been around the world business class for free using theFrequent flyer points.
The reviewer stated that an incentive was offered for this review
So far so good
I have been using Amex Platinum Edge for a couple of years. Paid the annual fee but I got it back through the $200 travel credit that I can use for my trip bookings (flights or cars or accommodation). I like using Amex as it gives point rewards and we get triple points for groceries shopping. Amex also has special offers from various stores, but sometimes some stores still do not accept Amex cards or will charge a % surcharge if I paid by Amex card.
Great Card, Great points and conversion rate BUT travel credit is big WASTE and BAIT!!!
I love Amex and always wanted to have one, don't know why but always did. Finally in 20174 got approved for Amex platinum edge card;
Straight to the numbers:
3 points per $ on major supermarkets, so if you spend roughly $200 on groceries then $10400 spend over 52 weeks gives you 31200 points;
2 points per $ on fuel purchase, so if you fill up $50 a week $2600 spend over 52 weeks gives you 5200 points;
1 point per $ everywhere else, so considering your petty expenses are about $50 a week $2600 spend over 52 weeks gives you 26...
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...
If you are a big spender and pay your balance in full each month and like the rewards, this is the card for you. Especially if you are a member of a professional body then the fees are low, yes some stores do not accept it but not that many. Tap and go works well, free flight each year, last year we went to Queenstown.
Points, flights, travel booking service
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.
My fave card.
We spend over 50K per year on our CC but always pay it off before incurring any interest, so it's all about rewards. I recently reviewed our CC and switched to this one. The $149 yearly fee is automatically paid back plus some with a free return flight each year! I have not redeemed this yet so cannot comment on how easy this is to use.
Huge points for groceries and fuel, points never expire and they can be used to put credit back on the card (I don't need another toaster). Travel insurance is a bonus too. But what I really love is the serv...ice, I found it outstanding every single time. The only draw back is that some retailers don't accept AMEX, be warned I have figured out who does and doesn't take it and if I have a choice I simply go to the retailer who does. We have two coffee clubs very close to each other in the city, I ordered breakfast at one last weekend and when I tried to pay was told they didn't take AMEX. I told them to cancel my order and that I would go to the store around the corner that took my card, and I did! Points, rewards, customer service. Not as widely accepted as visa or mc.
Platinum Edge American Express. Fabulous call centre staff. Knowledgeable, polite and they really know their product. Yearly fee of $149 is acceptable. Three points at supermarkets and two points at major service stations is what swung me over. Points appear in a timely manner. The card is perfect except for some major exceptions. 1.Surcharges at some retailers. I walk out if this occurs, I wont even reach for my Mastercard. 2.More merchants need to accept the card. I do, as a merchant and I do not apply surcharges. I'm in business to do busine...ss and not put off my customers. 3. The online statement is a mish mash and needs tidying up asap. 4. The paper statement is not that much better. Amex should have a look at the major banks credit card statements and learn. Great call centre staff. Fabulous points system. Non acceptance at many retailers. Awful online statement-confusing. Surcharges from retailers.
I've held an Amex Charge Card since 1981. Started with a Green card, when Gold arrived in the 80's I changed colour; Platinum arrived in 2001 so I 'upgraded' when they were invitation only - I love the brand, utility of the product and the customer service but seriously guys you MUST get wider acceptance and do something about 'Amex only' surcharging as it will / is destroying your product. This year was the first year I seriously considered not renewing. Next year not so sure.
Look (design) of card, 0% Interest as it is a Charge Card (pay in f...
This card even by design speaks volumes about the card holders financial standing but I believe only to other cardholders that might see it as they understand the 'AMEX Hirachy'. Most retailers that do accept this card often comment on how 'pretty' the cards reflection is probably do not rate it as high as a gold card for example. Good that can talk to a customer service consultant and any issues or queries are dealt with very quickly. Very professional and quick service.
Preferential treatment and free travel insurance
Not recognised as a commonly used card as I believe a lot of retailers do not want to pay the higher transaction fee.
Overall the platium card has pretty good deal but only when you willing to pay for higher annual card fee. But I will still recommend people to use it as their customer service are professional and absolutely helpful.
Lower annual fee if you're a professional and it also comes with bonus point (40,000 point) and domestic/international compulmentary flight included.
AMEX provides great customer service and being very helpful with any issues you have. Their resolution team responds faily quickly and always try their best to satisfy your request.
Slow process time for bonus reward point and sometimes you'll need to follow up personally to get the correct reward point balance.
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