American Express Platinum Edge Credit Card
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CardIQ
Basic
Overall score, out of 100 · How this works
- 55 days interest-free41
- Airport lounge37
- Frequent flyer31
- No annual fee39
- Rewards32
- Travel42
- Velocity Points31
Customer reviews
Based on 18 reviews
Reviewers kept coming back to rewards and fees.
Perhaps best rewards card on the market
You earn a point per dollar, and that doubles at petrol stations (surely an average driver uses $50 or more a week) and triples when you do your groceries. Add occasional AmEx offers, plus a travel credit that offsets the annual fee. So good.
Exceptional service
I find the AmEx Card very good and I’m able to use it almost anywhere. Whenever I have had any issues the phone call centre is exceptional ( yes, exceptional). I use several credit cards and none match the AmEx service. Interest rates are high but comparable to other brands.…
Flight benefit changed, so unsure going forward
I’ve had my American Express Platinum Edge card for about four years and it has been great until recently, when they decided to replace the free return domestic flight with a $200 travel credit. I don’t know if it is worth it any more, given that the travel credit expires within…
Good credit card but I won't be renewing it
I’ve had my credit card for five years and enjoyed the “free” domestic Virgin flight that my annual fee helped pay for. Now the $199 annual fee only gets you a $200 travel credit that you can use through the AmEx travel agency. It’s a shame that the prices of the travel agency…
Benefits offset the annual fee
This is one of the top credit cards I’m using right now. i applied for this credit card because I heard about the benefits from lots of my friends. Benefits such as: credit statement, promotions, good customer serviceEven though American Express comes with a high annual fee, all…
Good value credit card, hopefully nothing changes
The card has good points earning, good added bonuses of travel insurance and a free domestic return flight each year (which offsets the annual fee). AmEx regularly hold promotions to get cash back on purchases, which acts as an added bonus.There’s a good mobile phone app and…
Good rewards easily offset the annual fee
For a $195 annual fee I got an included return flight from Melbourne to Sydney and accrued enough points for two return business class flights from Melbourne to the Gold Coast, saving over $2500. A very handy card to have with excellent points accrual potential on groceries and…
Best credit card on the market
This is the best credit card, as it has a triple points offer, a free flight within Australia and excellent limit and services. It has a 24/7 concierge and can book your flights. Once I was on a trip and I accidentally lost my passport, but had it covered under insurance because…
Good card, but I'd prefer wider acceptance
Good card, but it would be better if more widely accepted. I use it most of the time, but there is a problem sometimes with not being able to get cash advances. I carry it all the time. Great rewards etc with points. I would upgrade to a higher card if i could. More credit is…
A good card to have
Low fee vs good reward, it is a good card to have. Not like other cards that offer free air tickets, this American Express premium credit card has very acceptable annual credit card fee. You will able to get your money back from the air ticket alone, plus then you receive your…
Pros & cons
What's good
- No annual fee.
- Complimentary airport lounge access (2 visits a year).
- Complimentary travel insurance and purchase protection.
- Points transfer to 13 rewards programs, including Accor Live Limitless (ALL), Air New Zealand Airpoints and British Airways Club.
- Earns 1 point per $1 on ATO and government payments, the same rate as everyday spend.
Worth noting
- The annual fee increases from $0 to $195 in the second year.
- The 23.99% p.a. purchase rate sits in the most expensive quarter of cards (the median is 18.99% p.a.) if you carry a balance.
- Earns 1 point per $1 on everyday spend, around the dataset average.
- 3.5% foreign transaction fee on overseas spending, at the high end of the market.
Card details
The basics
- Additional cardholder fee
- $0 p.a.
- Card tier
- Platinum
- Card type
- American Express
- Card use
- Personal
- Credit limit
- $3,000 – $100,000
- Credit rating
- Good
- Rewards program
- American Express Membership Rewards
Eligibility
- Instant approval
- Yes (response in ~60 seconds)
- Joint application
- No
- Minimum age
- 18 years old
- Minimum income
- Not specified
- Residency
- Australian citizen or permanent resident
- Temporary residents
- Eligible
Rates & fees
Ongoing interest rates
- Cash advances
- 23.99% p.a.
- Purchases
- 23.99% p.a.
Fees
- Additional cardholder fee
- $0
- Annual fee
- No annual fee
- Annual fee (year 2+)
- $195 p.a.
- Cash advance fee
- —
- Foreign transaction fee
- 3.5%
- Late payment fee
- $30
Repayments
- Interest-free period
- Up to 55 days on purchases
- Minimum repayment
- 2.5% of the closing balance or $30, whichever is greater
Balance transfers
This card has no promotional balance transfer offer. To move existing debt to a lower rate, compare balance transfer cards.
Introductory purchase offer
This card has no introductory purchase rate offer. If you're carrying a balance or planning a big spend, compare 0% purchase cards.
Rewards
Earn rate
- Everyday spend
- 1 pt per $1
- Bonus categories
- None
- Other purchases
- None
- Overseas spend
- None
- ATO/government
- 1 pt per $1 on ATO and government payments
- Reduced rate above monthly cap
- None
- Points cap
- Uncapped
- Points expiry
- Points don't expire while your account is open and in order.
Sign-up bonus
- Bonus spend required
- —
- Sign-up bonus
- —
Transfer partners
- Accor Live Limitless (ALL)
- 5 pts → 1 pt (≈ 0.2 pts per $1)
- Air New Zealand Airpoints
- 200 pts → 1 pt (≈ 1 pt per $200)
- British Airways Club
- 3 pts → 1 pt (≈ 0.33 pts per $1)
- Cathay (Asia Miles)
- 3 pts → 1 pt (≈ 0.33 pts per $1)
- Emirates Skywards
- 4 pts → 1 pt (≈ 0.25 pts per $1)
- Everyday Rewards
- 5 pts → 4 pts (≈ 0.8 pts per $1)
- Hilton Honors
- 2 pts → 1 pt (≈ 0.5 pts per $1)
- Malaysia Airlines Enrich
- 3 pts → 1 pt (≈ 0.33 pts per $1)
- Marriott Bonvoy
- 3 pts → 2 pts (≈ 0.67 pts per $1)
- Qatar Airways Privilege Club
- 3 pts → 1 pt (≈ 0.33 pts per $1)
- Singapore Airlines KrisFlyer
- 3 pts → 1 pt (≈ 0.33 pts per $1)
- Velocity Frequent Flyer
- 2 pts → 1 pt (≈ 0.5 pts per $1)
- Virgin Atlantic Flying Club
- 3 pts → 1 pt (≈ 0.33 pts per $1)
Where these points could take you
- Auckland
- Flying Virgin Australia non-stop, using transferred Velocity points. Economy 17,900 pts.
Flights you could book with the sign-up bonus plus a year of spending $3,000 a month on this card. One-way from Sydney or Melbourne, one adult, before taxes and carrier charges. Award prices and seat availability change.
Complimentary insurance
Cover has conditions and exclusions, which are set out in the issuer's PDS. A missing row means we haven't captured that figure, not that the cover is absent.
Overseas travel
- Activation
- Prepay part of the trip on the card
- Age limit
- 79 years
- Cover limit
- $2,500,000
- Excess
- $250
- Maximum trip length
- 180 days
- Not covered
- Pre-existing conditions, unless the insurer agrees in writing
Where this card sits vs similar cards
Compared with every other personal credit card we list that has the feature. The further right the dot, the better this card does.
Data as at August 2026. Rates change often, so check the issuer's terms. Factual information, not a recommendation.
Compare side by side
- American Express Platinum Edge Credit CardvsAmerican Express Essential Rewards Credit Card
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- American Express Platinum Edge Credit CardvsAmerican Express Velocity Escape Plus Card
- American Express Platinum Edge Credit CardvsAmerican Express Velocity Platinum Card
- American Express Platinum Edge Credit CardvsANZ First
- American Express Platinum Edge Credit CardvsANZ Frequent Flyer Black
- American Express Platinum Edge Credit CardvsANZ Frequent Flyer Platinum
- American Express Platinum Edge Credit CardvsANZ Low Rate
- American Express Platinum Edge Credit CardvsANZ Low Rate - Credit Back Offer
- American Express Platinum Edge Credit CardvsANZ Platinum Credit Card
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Questions and answers
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Sources
- Credit Card Compare
- Australian credit card statisticsHow CardIQ scores cards
- Issuer
- American Express
