This charge card is suited to big spenders and earners, with Membership Rewards Points, world-class service and no pre-set spending limit. It comes with a range of perks, including a $450 Platinum Travel Credit, airport lounge access, complimentary Accor Plus membership (usually $399 per year), other hotel benefits and insurance covers.
American Express Platinum Card
![American Express Platinum Card](https://www.finder.com.au/niche-builder/62c504371e244.jpg)
- Bonus points
- 200,000
- Reward points per $ spent
- 2.25
- Annual fee
- $1,450 p.a.
- Interest-free on purchases
- Up to 44 days
Our verdict
The Amex Platinum Card offers 200,000 bonus points, a yearly travel credit and lounge access for a $1,450 annual fee.
The Amex Platinum Card offers a lot of value to big spenders who pay their account in full each month. It’s linked with the American Express Membership Rewards Program and offers a high earn rate of 2.25 points per $1 on most purchases – plus 1 point per $1 for spending with government bodies like the ATO. The bonus points offer also gives you the chance to collect 200,000 Membership Rewards Points – enough for $1,000 worth of shopping at David Jones, based on details publicly listed on the Amex website.
With the ability to transfer points to 12 partnered airline programs – including Qantas and Velocity – it’s also a good option for points chasers who belong to multiple frequent flyer programs, including those that aren’t directly linked with a credit card in Australia. While complimentary travel insurance and lounge access are common for platinum cards, perks like the Global Dining Credit Benefit of up to $400 per year, the $450 travel credit and Amazon Prime subscription benefit help set this card apart.
Pros
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200,000 bonus Membership Rewards Points
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$450 Platinum Travel Credit each year
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Airport lounge access at over 1,400 locations with the American Express Global Lounge Collection
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Up to $400 back per calendar year at participating restaurants with American Express Global Dining Credit
Cons
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High $1,450 p.a. annual fee
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3% foreign currency conversion fee
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American Express is not as widely accepted as Visa or Mastercard
Details
Product details
Product Name | American Express Platinum Card |
Purchase rate p.a. | Purchase rate p.a. 0% |
Interest-free period | Up to 44 days on purchases |
Min credit limit | $3,000 |
Card type | American Express |
Eligibility
Available to temporary residents | Yes - Conditions apply |
Joint application | No |
Rewards
Rewards program | Membership Rewards Ascent Premium |
Bonus points | 200,000 |
Rewards points per $ spent | 2.25 |
Rewards points cap | Uncapped |
Fees
Annual fee | Annual fee $1,450 |
Late payment fee | $30 |
Foreign currency conversion fee | Foreign currency conversion fee 3% |
Additional cardholder fee | $0 |
Number of additional cardholders | 4 |