$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|
It's great offer to me
I am an international and not usually approved any credit card except Amex.
Although it is made of plastic, I really appreciate them.
I am very happy to have it.
Next card might be Gold or real platinum. lol
The reviewer stated that an incentive was offered for this review
Excellent credit card with great rewards
The Amex is my preferred credit card as it has a great rewards program. When you add up the benefits, they still far exceed the annual fee, although the reward points program has been downgraded recently. I like the statement credits and often get back >$100 year. Their online system is also the best compared to my 2 other credit cards. It's also quite good for online shopping as you can use with Paypal and there're no forex fees if you're charged in AUD even when the payment processor is overseas (unlike Citibank and many others).
AU$ 200 each year towards travel or accomadation
for the first few years with plt. edge , we had a free return trip every year anywhere in aust. except WA
we now get a flat AU$200 to spend each (valid for 12 months)
we always use it overseas and 85/90% merchants accept it. reasonable rewards but over-priced .
The Best Card for Grocery Shopping at Coles, Woolworths and IGA
If one regularly shops and spends lots of money at Coles, Woolworths or IGA, then the Platinum Edge card is a must have as - at 3 points per dollar spent - one effectively gets a tax-free 3% bonus on all purchases. This is also the case for buying alcohol at liquor stores attached to Woolworths and IGA, but not for purchases from Coles Liquorland.
Before applying for this card, check out the possible Bonus points offers at Points Hack or the referral links at the Australian Frequent Flyer site, where one can pick up bonus points of anywhere fr...om 15,000 to 50,000 points. I value the points at about one cent per point, though when converted to other airlines' points and used for upgrades, other people value them much higher. The card costs $199 a year, though if you get it through say a professional association, it only costs $149 a year. There is an annual $200 Travel Credit - if one joins the Ascent scheme - which can be applied to flights, hotel accommodation or activities/excursions listed at the Amex travel site. One warning though - last year I was trying to book a hotel in Bangkok for a night, and it was full price at the Amex site, whereas it was $100 cheaper at Booking.com. Then I noticed that there were no specials at all on the Amex site. Puzzled I got the site up in another browser, and then all the lower price specials were there, similar to the Booking.com site, and I then booked the room using the Travel credit. Beats me why my browser wasn't showing the sale prices. One gets three options with the Amex Member Rewards (MR) points a. Keep them as Amex MR points, or
Great Value for money if you know how to use it. Great Customer service from Amex.
Just love this card. For many years now I have used this card and felt it necessary to compliment American express for this wonderful product and customer service. The domestic flight itself is great value in itself and you recover the cost of the annual fee in that flight. This year as always we paid our airfares to USA AND CRUISE on this card because we get complimentary Travel Insurance and unfortunately had to cancel our plans due to the family illness.
Since we had already finalized our travel plans and paid in full we were charged heft...
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.
Complimentary flight worth signing up for alone!
Signed up and got my AMEX Platinum Edge last week, charging a couple of items worth about $30.
My Partner had to urgently go interstate for travel, so called AMEX and in 6 minutes and 7 seconds (yes I checked) I had the flight booked in her name and was off the phone.
A $700 flight for ZERO.
As long as they keep this benefit they will have a customer in me.
Great card, complimentary return flight is well worth it!
I have been using an American Express Platinum Edge Credit Card for the last 6 months and have to say that the complimentary domestic flight from Virgin is definitely worth signing up for this card. Rang the number provided to book a return flight from Perth to Brisbane about two weeks before the Easter weekend. Same flight was at the $600+ margin when I searched on flight comparison sites. AMEX Travel team booked the itinerary straight away, no hassle, and I had an epic time over at Gold Coast. Thumbs up AMEX, you have one happy customer here! :)
Very Happy with this great card.
Had the card for over a year now and am delighted with the features and the customer service provided. The website is good, full of useful information and frequent flyer points are the real bonus. The annual fee is more than paid for by the free flight offer(with limitations). Check out the card BEFORE you get one, that way you want be disappointed if it doesnt give you what you are looking for. E.g Amex isn`t accepted everywhere and sometimes there is a surcharge when using it !!! We have a visa card that we always carry for this.......
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...
Been a member for more than 5 years
I LOVE our AMEX Platinum Edge. The fee you pay is pretty much a subsidized return domestic flight ticket since you get a free flight via Virgin every year. I like that we have NEVER been knocked back on a flight we want to claim. (You won't get that type of service trying to redeem frequent flyer miles through some airlines which I won't mention)
My husband and I have earnt a lot of points which we have redeemed for flights and various electronic items. They also run really good promotions such as the Small Shop promotion which was on recent...ly where for every $20 you spent at 5 different participating retailers you get $10 back (and an email saying you're getting the credit the moment you are walking from the shop). Also specials on shopping with retailers such as getting $40 of credit for only $30 from Event cinemas etc and a whole host of specials with other retailers which will take me all day to mention. i also like the free international travel insurance if you book most of your trip on the card. Go to the AMEX website and read all the inclusions of this card. There are heaps such as free domestic flight, international travel insurance and retail promotions None if you can afford to pay back the money you spend on it.
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.
A good secondary card for use when you can.
You still need a Visa/Mastercard as well if you have an Amex.
If you are a professional (Accountant, Engineer, Medical etc...) the annual fee is reduced to $295/yr, which does cover the Qantas domestic flight. ($395/yr if not)
1.5 points/dollar is the best value credit card rewards scheme available.
The scheme is basically worth 1.5% of your purchases.
Customer service for this card is very good. The platinum call centre staff are well educated and trained. They will basically explain and fix...anything for you. The hotel/flight booking is also very easy and fully taken care of through Amex travel agents. The travel insurance cover is extensive. The upto $2.5mil medical emergency cover is a real benefit. There is also purchachase protection if goods purchased are stolen/damaged within 3 months. Only some merchants accept it. Just use it only when there is no surcharge.
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