Finder Verified: Australia’s most rewarding credit card for eats and drinks

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American Express launches Essential Rewards Credit Card for a new generation of Aussies.

American Express logoThis article was produced in conjunction with American Express and Finder. You can learn more about the American Express Essential Rewards Card at the American Express website.

New research from American Express has highlighted some of the ways that younger generations of Australians are looking to enjoy life, while still aiming for financial freedom.

In a survey of 1,500 Australians aged between 24 and 35 years*, more than half opt for 'little treats' on a weekly basis such as eating out (60%), purchasing a new piece of clothing (47%) or ordering a takeaway drink (45%).

With considerations like this in mind, American Express has launched the American Express Essential Rewards Credit Card with an eye on Millennial and Gen Z consumers.

With a huge range of rewards – including dining, retail, and streaming benefits – the American Express Essential Rewards Credit Card has already been Finder Verified as Australia's most rewarding card for eats and drinks.

American Express Essential Card


Finder Verifies that The American Express Essential® Rewards Credit Card is Australia's most rewarding card for eats and drinks

Methodology

Based on the Finder Consumer Sentiment Tracker average spend on 'eats and drinks' per week. "Eats and Drinks" is defined as spend at restaurants, cafés, fast-food locations, bars/pubs and major food delivery brands; Menulog and UberEats. This does not include supermarket spend. Finder's Consumer Sentiment Tracker is a live, nationally represented study of the Australian public. Finder has analysed 95 cards affiliated with a rewards program and converted the points earned based on the average spend each month, into a dollar value, by redeeming the points earned for a $100 grocery store card. Excludes ongoing fees. Verification as of 1 July 2024.

Let's take a look at some of the Card benefits:

With a monthly fee of $9, the American Express Essential Rewards Credit Card has significant points-earning potential.

  • Card Members are able to earn 5 points per dollar spent in Australian restaurants, cafes and bars, as well as fast food and select food delivery.
  • Card Members can earn 3 points per dollar spent on selected streaming services.
  • Card Members can earn 2 points per dollar spent at a huge range of retailers, including Myer, Kmart, The Iconic, Amazon, Bunnings and Uniqlo.

Additionally, Card Members will also earn 1 point per dollar spent on other everyday expenses.

As with other American Express Cards, points can be exchanged for a range of rewards, including dining out, paying for purchases, Gift Cards and more.

You can read an in-depth review of the American Express Essential Rewards Credit Card right here on Finder.

Learn more about the American Express Essential Rewards Credit Card

Name Bonus points Points per $ spent Purchase rate p.a. Annual fee
American Express Essential Rewards Credit Card
American Express Essential Rewards Credit Card image
Membership Rewards
Bonus points
60,000
Points per $ spent
1
Purchase rate p.a.
23.99%
Annual fee
$108
Go to siteMore Info
Limited partner offer. Offers 60,000 Bonus Membership Rewards Points when you apply online through the link and spend at least $3,000 on eligible purchases within the first 3 months.
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About the American Express Essential ® Rewards Credit Card Research

The research involved a quantitative online survey of 1,500 employed young Australian adults aged 24 to 35 (Gen-Z and Millennials). The sample was selected to reflect the latest ABS Census data on age, gender, and location. Fieldwork was conducted from June 7th to June 21st, 2024, in partnership with Pureprofile, an independent global data and insights organisation listed on the Australian Securities Exchange (ASX).
Image: @deimagine via Canva.com
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