The AMEX Platinum Edge is a card of choice for both savvy travellers and everyday spenders, and it’s not hard to see why. At the moment, the card offers a generous $200 travel credit each year along with other valuable perks.
In addition to the travel credit, you’ll access an extremely high earn rate on everyday spend and a range of complimentary insurances – all for a very low annual fee.
The AMEX Platinum Edge Credit Card earns points in the Membership Rewards ‘Ascent’ scheme. Sound confusing? Not really. Your points transfer at a 1:1 ratio to a number of leading airline partners including Velocity, Cathay Pacific Asia Miles and Singapore Airlines KrisFlyer.
Don’t delay. Apply here (secure and mobile-friendly application form). Or, read on to find out more about this popular Card.
Get a $200 travel credit each membership year
Each membership year, you’ll receive a $200 travel credit to spend at AMEX Travel. The credit can be used for flights, hotel or rental car bookings. You can use it for yourself or someone else – it’s your choice as to how you choose to spend it.
Simply by using the $200 travel credit each year, you’ll fully offset the $195 annual card fee!
Earn up to 3 Membership Rewards points per $1 spent
Most of us outlay a significant amount of money each month on groceries and petrol, but very few credit cards offer generous rewards for day to day spend.
This is where the AMEX Platinum Edge shines. With up to 3 Membership Rewards points on offer for each $1 spent, this card offers one of the highest earn rates of any credit card in Australia on everyday spend.
You’ll earn points on each and every dollar you spend on your card, with rates as follows:
- 3 Membership Rewards points per $1 spend at major supermarkets
- 2 Membership Rewards points per $1 spend at major petrol stations
- 1 Membership Rewards point per $1 spend on other purchases (excluding categories below), and
- 0.5 Membership Rewards points per $1 spend on utilities, insurance and government agencies.
And like all AMEX consumer credit cards, there’s no spending cap, ever, so there is no limit to how many points you can earn.
Enjoy the flexibility of the AMEX Membership Rewards program
American Express Membership Rewards is my go-to loyalty scheme of choice. The main reason? Flexibility! Rather than being locked into one frequent flyer scheme, this versatile program allows you to earn points now and decide what to do with them at a later date. And unlike most loyalty schemes, as long as your account is in good standing, your Membership Rewards points will never expire.
AMEX Membership Rewards Ascent points transfer at a 1:1 ratio to a number of leading airline partners including Virgin Australia, Singapore Airlines and Cathay Pacific. It’s worth pointing out that this transfer rate is significantly more generous than the Explorer Credit card, which offers a transfer ratio of 4:3. We’ve listed out all the transfer rates in the table below:
|Program name||Transfer ratio|
|Virgin Australia Velocity||1 = 1|
|Singapore Airlines Krisflyer||1 = 1|
|Cathay Pacific Asia Miles||1 = 1|
|Etihad Guest||1 = 1|
|Emirates Skywards||1 = 0.75|
|Malaysia Airlines Enrich||1 = 1|
|Thai Airways Royal Orchid Plus||1 = 1|
|Virgin Atlantic||1 = 1|
|Hilton Hhonors||1 = 1|
|Starwood Preferred Guest||1 = 0.5|
|Air New Zealand Airpoints||100 points = 1 Airpoints Dollar|
While you can’t transfer directly to Qantas Frequent Flyer, as we’ve previously written about here, it’s easy to convert points to the Cathay Pacific Asia Miles scheme. You can then use those points to book award flights on Qantas at very cheap redemption rates.
You can also transfer your points to Starwood Preferred Guest / Marriott Rewards, unlocking some amazing flight and night redemption opportunities.
Access a range of other card member benefits
The AMEX Platinum Edge Credit Card also unlocks a range of other useful benefits, including:
- complimentary travel and purchase protection insurances (PDS here)
- 0% p.a on balance transfers for the first 12 months (a one-off plan establishment fee of 1% applies), and
- the ability to arrange free supplementary cards for family members
Annual fee and eligibility
The Card comes with a low annual fee of $195. This charge can be fully offset simply by using the $200 travel credit.
With a minimum required income of $50,000, the AMEX Platinum Edge Credit Card is very accessible.
The secure, mobile friendly application form takes less than 10 minutes to complete and AMEX may be able to give you a response in less than 60 seconds.
I love to travel the world in comfort and style. In fact, there’s really nothing I love more than sitting in a plane at 36,000 feet, a glass of Krug in hand, watching the clouds go by.