The American Express Platinum Edge Credit Card offers a range of benefits for travellers and everyday spenders, and it’s not hard to see why.
Card members receive a generous $200 travel credit each membership year, an extremely high earn rate on selected spend categories 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. Points transfer at a 1:1 ratio to a number of leading airline partners including Velocity, Cathay Pacific Asia Miles and Singapore Airlines KrisFlyer.
Click here to apply for this card via the AMEX website (secure and mobile-friendly application form). Or, read on to find out more.
The American Express Platinum Edge offers a $200 travel credit each year
Each membership year, card members receive a $200 travel credit to spend at American Express Travel. The AMEX Travel 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.
By using the $200 AMEX travel credit each year, you’ll fully offset cost of 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 Credit Card shines. With up to 3 Membership Rewards points on offer for each $1 spent, this AMEX credit card offers one of the highest earn rates of any credit card in Australia on everyday spend.
Card members earn points on each and every dollar spent on the AMEX Platinum Edge, 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 American Express 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 American Express 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 conversion rates for key AMEX travel partners in the table below:
|Travel Partner||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|
|Marriott Rewards||3 = 2|
|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 earned on the AMEX Platinum Edge to the Cathay Pacific Asia Miles scheme. You can then use those points to book award Qantas flights at very cheap redemption rates.
The AMEX Platinum Edge Credit Card unlocks a range of other benefits
Platinum Edge card members can access a range of other perks and offers. These include:
- Complimentary domestic and international travel insurances when you pay for return travel on your card (T&Cs apply)
- A promotional balance transfer offer of 0% p.a. for the first 12 months (one-off 1% credit plan establishment fee and other T&Cs apply).
- The ability to arrange free additional cards for family members (handy for taking advantage of AMEX offers like Shop Small)
The Key Fact Sheet for this card can be accessed here.
American Express Platinum Edge Credit Card annual fee and eligibility
The AMEX Platinum Edge Credit Card comes with a low annual fee of $195. By using the travel credit, card members offset the cost of the $195 annual card fee.
You’ll need to be able to report a minimum required income of $50,000 to apply.
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.
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