American Express Platinum Edge Credit Card
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Most platinum card users enjoy the benefits of travel and AMEX Platinum Edge credit card knows this, which is why all card holders are rewarded with not only one complimentary flight with Virgin Australia but a free flight every year you own your credit card.
Earn Maximum Points With AMEX Platinum
This new American Express card provides you with the opportunity to earn the most amount of points around with its 3-2-1 program. Here’s how it works:
- 3 points – Each time you shop at participating supermarkets, you are able to earn 3 points for each dollar you spend.
- 2 points – When you gas up at the next petrol station with you card, you will be able to receive 2 points for each dollar from your purchase.
- 1 point - Other purchases made with this card can make a difference because you are matched dollar for dollar for any other purchases not made at petrol stations or supermarkets.
- 0.5 point – You will even earn half a point when you use your card to pay for government utilities, insurance, bills from telecommunications providers and charges from government bodies. American Express Platinum Cardholders can earn half a point per dollar spent.
This allows you to earn the maximum amount of points off of purchases that you would make anyway. Your everyday spending will allow you to redeem points for flights or for over 1,500 other choices in merchandise or entertainment options.
AMEX Platinum will show its appreciation for your business by giving you 10,000 rewards bonus points if you spend more than $500 in the first 2 months of your card membership. This is AMEX’s generous welcome gift to you.
| Product Name | American Express Platinum Edge Credit Card | |
|---|---|---|
| Interest Rate on Purchases | 20.74% p.a. | |
| Offer end date | 31 May 2013 | |
| Annual Fee | $195 p.a. | |
| Interest Free Period | up to 55 days | |
| Minimum Credit Limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
|
$3,000 | |
| Max Credit Limit | $50,000 | |
| Minimum Monthly Repayment | 2.5% | |
| Credit Card Type | American Express | |
| Late Payment Fee | $30 | |
| Complimentary Travel Insurance | Yes | |
| Available to Temporary Residents | No | |
| Joint Application | No |
Free Membership Has Its Privileges
When you are an AMEX Platinum Edge credit card holder, you are granted membership into the rewards program called Ascent. This is a complimentary membership lasting the life of the card and save you $80 every year.
The American Express Network also gives you access to the finest shopping, travel, dining and entertainment ideas and offers.
In addition to the excellent entertainment and merchandise offers, you will receive AMEX’s Platinum Priority Service that is available and ready for you 24 hours a day, 7 days a week. You can call at any time and the membership coordinators will be able to answer any questions you might have regarding your account and much more.
If you want to book your complimentary Virgin Australia domestic flight, you can do this through the Platinum Priority Service agent. They can also assist you with insurance claims and lost or stolen cards.
You can also travel with confidence this AMEX card because of American Express Travel Advantage. This is the program that will give you fast and secure access to online booking for flights, accommodations, car hires and tourist sites. Peruse the site and you will be able to quickly arrange for all of your travel needs with a few simple clicks.
Travel Every Year – For Free!
This card aims to please with its complimentary flights available to you each year. When you are a card member, you can fly one return flight each year with Virgin Australia. This is an offer available only to the Platinum Edge card holders and can be used towards any one of 25 Australian locales.
With this offer, you do not have to pay any taxes and you can take up to 23kg with your baggage.
Don’t Worry, You’re Covered
Frequent travelers needn’t worry while carrying the AMEX Platinum Edge card. You receive free insurance for all domestic travel. When you make travel arrangements using your AMEX card, you are automatically covered through this program.
Travel abroad can also be a breeze with the Overseas Medical Emergency Expenses and Repatriation benefit. This allows you up to $2,500,000 in the event of an emergency and a $10,000 benefit for travel cancellation. You receive up to $10,000 for baggage and up to $1,000,000 for Personal Liability.
If you have a family, your children up to the age of 22 will also be covered under this program if they are travelling with you.
You will never have to worry about missed or delayed flights again with the Transport Inconvenience Cover that provides protection against missed connections, luggage delays, etc.
A mishap on the Paris railway does not have to put a damper on your travel arrangements when you have AMEX’s Transport Accident Cover. You can travel anywhere knowing that all circumstances have been thought of beforehand and you have protection.
Additional Benefits Available To You
Most platinum cards charge exorbitant annual fees but you won’t find that with the AMEX Platinum Edge card. The annual fee is only $195. And, the interest rate that is available is also something that is standard for an AMEX credit card at 20.74%
If you want to have a card for your spouse or other person, you can be given supplementary credit cards at no additional charge. All of the benefits that are available to you can now be shared with those who are most important to you. Shared membership means you will be able to earn rewards points even faster.
You can also use your points on a number of different airline partners such as Velocity, Virgin Atlantic, Malaysia Airlines, Cathay Pacific, Thai Airways, Singapore Airlines and Air New Zealand.
If you haven’t found a way to redeem your points, you have the option to redeem your points for extra credit on your account through the Points for Credit option. You can also rest assured knowing that your points will never expire.
How To Get This Card
It is simple to apply for this card because it can be done directly online. You must be 18 years old or older and have a strong credit record. Your income must be at least $50,000 or more and you must also be a permanent resident or citizen of Australia.
Have your income information, address and driver’s license details available when you are ready to apply.
Read the American Express Platinum Edge Credit Card terms and conditions.
| Minimum Income | $50,000 | |
|---|---|---|
| Minimum Age | 18 years of age | |
| Available to Temporary Residents | No | |
| Credit Rating Requirement | Good | |
| Min Credit Limit This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure. | $3,000 | |
| Max Credit Limit | $50,000 |
| Annual Fee | $195 p.a. | |
|---|---|---|
| Minimum Repayment | 2.5% | |
| Late Payment Fee | $30 | |
| Over Limit Fee | $15 | |
| Overseas Emergency Replacement | $0 | |
| Gambling Transactions Allowed | No | |
| Additional Cardholder Fee | $0 |
Pros
- This card has a tiered rewards program. Earn the maximum amount of points in a situation where you would be spending money anyway.
- Platinum card holders get complimentary membership to the Ascent Rewards program valued at $80.
- Card holders get a free flight every year with Virgin Australia.
Cons
- This card has a minimum income requirement of $50000 per year, so this isn't for everyone.
Read the American Express Platinum Edge Credit Card terms and conditions.
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1. What is the limit for 1 point for every $1 spent? i.e. 1 point for every $1 spent up to $….?
2. Which are the participating supermarkets.
Hi Eugene
All participating supermarkets that accept AMEX or MasterCard allow you to earn rewards points.
Thanks
Jeremy
I notice you have domestic cover international cover, Transport inconvenience cover and Transport accident cover. I take it this is all complimentary when you use Amex to buy flights etc.
Can you also explain what is covered under each of these components– the Overseas Medical Emergency Expenses and Repatriation benefit. This allows you up to $2,500,000 in the event of an emergency and a $10,000 benefit for travel cancellation. You receive up to $10,000 for baggage and up to $1,000,000 for Personal Liability.
Thank you
m
Hi Murray
Thanks for your questions
1) In order to active the complimentary insurance, you need to make the purchase of your trip on the American Express Platinum Edge Credit Card or with Membership Rewards points.
2) For all the terms and conditions including information about what each insurance covers, please review the American Express® Platinum Edge Credit Card™ Insurance and Flight Terms and Conditions
Hope this helps!
Cheers
Jeremy
1. What is the limit for 1 point for every $1 spent? ie. is there a cap?
2. Which are the participating supermarkets?
This article states in the top summary that there are interest free days …”up to 55 days”, whereas under “Fees and Repayments” it states that interest is charged from the purchase date. Which is correct? If the latter, then it means that no matter if the out standing balance is paid by the due date, there would be interest charges to pay. Cheers, Vic G
Regarding free domestic travel insurance.
1. What about coverage for my spouse if he travels with me?
2. If he has a supplementary card is he entitled to the same “free” domestic travel insurance?
Thank you,
Yoriko
what is the Foreign Currency Conversion Fee rate per $
Hi,
Thanks for the question, the American Express foreign currency conversion fee is 3% of the transaction. For further information please refer to our foreign fees and charges guide here – http://www.creditcardfinder.com.au/foreign-currency-international-fees-for-credit-cards.html
Cheers,
Jeremy
Hi,
are the 25000 membership reward points and accumulative points earnt with QFF?
regards
Harrt
Hi Harry. Thanks for your question. The offer has changed, please see the review and application page for the most up to date bonus offer. The bonus points are accumulated with American Express Membership Rewards. See this page for transfer rates between American Express Membership Rewards and the Qantas Frequent Flyer Program. Jacob.
are the number of points earned each month capped?
Hi Chris,
There is no limit to the amount of points you can accumulate in a month. Cheers.
Jeremy
What is the time period required between me having cancelled an old american express card and reapplying for this card and being able to claim the 25,000 points?
HI K. The offer is now 20,000 points. Cancelling a card can be done over the phone and is generally affective immediately. Online application takes about 20 minutes and if you’re successful, a new card will be sent out within a week or two. Thanks for your question.
Is there a balance transfer % offer?
Hi Sarah
Thanks for your comment. There are currently no balance transfer offers available on American Express credit cards.
Cheers
Jeremy
does this card include international travel&health with no age restrictions?
Hi John
The American Express Platinum Edge credit card offers:
- Overseas Medical Emergency Expenses Cover (including Repatriation) up to $2,500,000
- Complimentary Domestic and International Travel Insurance
Cheers
Jeremy
Does a supplementary card holder get a free flight each year as well, or only the primary card holder?
Hi James,
Thanks for the question. Your account will be credited with one complimentary Virgin Australia domestic return flight every year. Whether it is used by the primary or supplementary card hold is at the cardholders discretion. Hope this has helped.
Cheers
Jeremy
Regarding free domestic travel insurance.
1. What about coverage for my spouse if he travels with me?
2. If she has a supplementary card is he entitled to the same “free” domestic travel insurance?
and complimentary domestic ticket?
Thank you,
Hi Rob,
Thanks for the question. Your spouse is covered provided they meet the definition provided under the terms or conditions: “A card members husband, wife, fiancée or a de facto or life partner”, that you have lived with continuously for a period greater than six months. Supplementary card holders are entitled to the same benefits as the primary card holder and earn points for the account too. Thanks for the question.
Cheers
Jeremy
1. Is there an age limit for international and domestic travel insurance? e.the spouse is 73 years old.
2. Is travel insurance free if fares not purchased with card?
Hi,
Thanks for your question. The American Express states that you will be eligible for the insurance benefits when you pay for travel on your card so you will have to pay for the tickets to be eligible for the travel insurance. As far as we know there are no age restrictions on who the cover is provided to if you are the card holder. Cover for dependent children ends at age 21. Cheers.
Jeremy
Could you please tell me what the major supermarkets are??? For groceries.
Hi Sharon.
Coles and Woolworths, can be called be other names, i.e. SafeWay etc.
Cheers.
Hi
If I transferred my points to Singapore Airlines ff and redeemed there would I be covered by travel insurance offered by the Platinum Edge credit card?
And if I redeemed my points (transferred) with Singapore Airlines to purchase ticket for my daughter, would she be covered by the insurance as well (she’d travel with me)?
Thanks
Edyta
Hi,
One of the conditions of the complimentary international insurance cover is that a spouse and dependent children are included in the cover provided they are under 18 or under the age of 21 and still living at home while not at a learning institution.
Cheers,
Jeremy
What supermarkets give 3 points per dollar spent
Hi,
Thanks for the question. According to the terms and conditions, the American Express Platinum Edge participating supermarkets include: Bi-Lo, Flemings, Safeway, Woolworths, Coles, IGA, Franklins, Fishers, Fresh Provisions, Food For Less, Supabarn, Macro Wholefoods”. Hope this has helped.
Cheers,
Jeremy
Does this card has Cash advance facility? If so what will be the interest rate on cash advances?
Hi,
You can only use this card to make purchases. Cash advances and balance transfer are not allowed with Amex cards. Transferring funds via internet banking and withdrawing cash from the ATM is not allowed. Thanks for the question.
Cheers
Jeremy
Can the minimum $50,000 income for the application be joint income if the cards are for a married couple please?
Hi Sally. If you’re looking at applying for a credit card jointly, you should check this page on which credit cards allow joint account holders. If one person is applying for a card, then only one income will be considered; however, if two parties are applying jointly for a credit card then both incomes will be taken into account. Thanks for your question.
Hi, it says “AMEX Platinum will show its appreciation for your business by giving you 15,000 rewards bonus points if you spend more than $500 in the first 2 months of your card membership” but it also says 20 000 on the left on the screen. Which is it?
Hi David. Apologies about the delay in answering this question. The offer has changed. Please see the review and application page for the most up to date offer. Jacob.
WHAT DO I DO TO ‘UPGRADE’ MY EXISTING ‘BLUE AMEX’ TO ‘PLATINUM AMEX?’
ONCE UPGRADED,WILL MY BLUE AMEX’ BE AUTOMATICALLY CANCELLED?
Hi Peter. Please contact your lender directly for further information. Generally speaking it is the responsibility of the cardholder to cancel the card after a new card has been applied for or after a balance transfer has been carried out. Thanks for your question.
Is the Complimentary flight only for the name on the card, or can the card holder book a flight for someone else ie. a friend or relative
Hi Dave,
Thanks for the question. You may book your Flight in the name of another individual, but not for an unaccompanied minor. For further information about the complimentary flight please refer to the terms and conditions found here – https://secure.cmax.americanexpress.com/Internet/International/japa/AU_en/Personal/shared/files/Platinum_Edge_Insurance.pdf – Cheers.
Jeremy
I’m trying to get another credit card for travel to earn frequent flyer points, however my annual income is less than the minimum..however mine and my brother income is combined, as he is on dsp and I his carer.Is there any considerations for this as we are deemed not to be ‘in a relationship’. I know its unusual situation but just curious if there is any allowances for such.
Thanks.
Hi Mathew. THanks for the question and apologies for the time it’s taken to reply. American Express do not allow joint primary cardholders. Credit cards that allow joint primary cardholders take both applicant’s income into consideration, liability is also shared. Another option is to apply for a frequent flyer credit card with a lower annual income requirement and add your brother to the account as an additional cardholder. This way, spend, and rewards earning, on all cards will be credited to the main account, and you can book flights etc. in your or your brother’s name. Jacob.
Hi, I noticed in the article your Points needed for $100 Voucher is 4500. What voucher is this for?
Hi harry. Thanks for your question. This figure is indicative of the approximate value of the rewards. Cheers.
Are the reward ponts Velocity points?
Hi Mal. Thanks for the question. You will earn Membership Rewards Ascent on the American Express Platinum Edge credit card – these points can be transferred to Velocity Frequent Flyer points at the rate of 1:1. Hope this has helped.
Hi Jeremy,
The site says I can redeem my free flight on 1 of 25 destinations in Australia. If I live in Sydney I can use my free flight to travel only as far as Adelaide? But if I live in Perth I can travel to Sydney? Can you confirm?
Hello David,
thanks for the question!
According to American Express this free flight could be used from Sydney to Adelaide, or from Perth to Sydney. As always the flight offer comes with additional terms and conditions, so this could change and depends upon availability. For more information it could be useful to call American Express directly, or visit their website.
I hope this helps,
Marc.
How do I validate my card?
Hi Gail. Thanks for your question. We had a chat with American Express about activating their credit cards, here’s a snippet from our conversation with Rachel Stocks, Director of consumer products and acquisitions at American Express.
I already have this card, can I still get the offer? Seems silly not to give it to members already.
Hi Chris. Thanks for your question. According to the American Express Platinum Edge terms and conditions, ‘Offer only available to new American Express Card members who apply, are approved by 31 May 2013′. Hope this helps.
What does this mean- ‘When you are an AMEX Platinum Edge credit card holder, you are granted membership into the rewards program called Ascent. This is a complimentary membership lasting one year and saves you $80.’
Does this mean that after the 1st year, we have to pay $80 for membership to Ascent?
Hi Bernie. Thanks for your question. The membership fee is a one off payment for access to the rewards program and will remain active as long as the account remains open. Cheers.
Hi, if I don’t pay for my airfares with the card, but I pay for 100% of my rental car hire, am I covered by the travel insurance for any damage caused to the car? And is there an excess for this?
Hi Hamish,
Complimentary travel insurance is only triggered on this card of the flights themselves are paid for on the card. Paying for rental car hire on this card will not give you insurance for your rental car.
All the best for your trip.
I’m going to singapore for a weekend and wish to use my card there. How can I avoid international transaction fees, especially for large purchases.
Hi Alex. Please refer to our guide on travel money for further information. Thanks for your question.
I’m looking for a 1 card that offers amex and mastercard – does this card offer that
Hi Brett. The American Express / MasterCard combination is most common with rewards cards. This is so because providers will offer an American Express card as well as a MasterCard to give cardholders more of an opportunity to earn rewards points – American Express will accrue at a higher rate in most cases. Please visit the rewards credit card comparison page and look for the pictures that have two cards next to each other or one behind another – these are dual card accounts. Hope this helps.
Hi,
I just wanted to ask, for complementary flights is there a time frame in advance that i have to book within. Or i can book a flight anytime
Hi Jason. Thanks for your question. You can book a flight any time; however, the booking is subject to the following conditions as stated in the terms and conditions, ‘All flights are restricted to selected classes within the Saver Fare family and are subject to availability. The complimentary flight is offered on selected destinations only and not valid for flights with Virgin Australia partner airlines or any codeshare flights. Virgin Australia and American Express cannot guarantee that seats or tickets will be available on the dates or at the times you may wish to fly. Seat availability may be limited to certain dates and/or flights and it may be more difficult to book seats around public holidays, school holidays or special events. Some flights may not have any seats available for this promotion. Route availability is subject to change without notice. Baggage in excess to the 23kgs included in the promotion will attract additional fees, see virginaustralia.com for more information. The offer is subject to the American Express Flight Offer Conditions and air travel is subject to Virgin Australia Terms and Conditions of Carriage.’ Hope this helps.
Can the points go to QANTS
Hi Bobby. Thanks for your question. Points can be transferred between American Express travel partners, which include: Virgin Australia, Air New Zealand, Asia Miles, Etihad, Malaysia Airlines, Singapore Airlines, Thai Airways and Virgin Atlantic.
Are the Amex Platinum Edge points transferred one for one with the airline partners? Paul
Hi Paul.
The conversion rates for American Express partnered airlines are as follows:
Velocity / Virgin Atlantic = 1:1
Etihad Guest Miles = 1:1
Cathay Pacific = 1:1
Malaysian Airlines = 1:1
Thai Airways = 1:1
Singapore Airlines = 1:1
100 American Express Membership Rewards Points = 1 New Zealand Airlines Air point Dollar
Hope this helps.
I have booked my outgoing flight using my AMEX platinum edge to 2 different countries, but the return leg to Australia is booked using Frequent Flier points – does this still qualify for the complimentary insurance?
Hi Deanne. Thanks for the question. According to the terms and conditions: ‘Cover is effective when You pay the full fare for a Trip on the American Express Platinum Edge Credit Card Account or with American Express Membership Rewards points’. Hope this helps.
Does this card have capped points??
If my partner earns less than 50K but I earn 97K – and we have combined income of 130K – is it possible for him to get the card? I want us both to get a card each. Thank you
Hello Tim,
thanks for the question.
The Platinum Edge credit card allows cardholders to add an additional supplementary card to their account at no extra cost. This means both a cardholder and their partner could each have a card. This would be based on the primary cardholder’s income and would share the same credit limit. This card is not able to applied for using a combined income.
I hope this helps,
Marc.
Another question: what if I apply for one card on my income (97K), and then me and my partner apply for a second card on our joint income (130K). Would this be permitted?
I currently have a Westpac American Express Card that has accumulated points. Westpac have notified me that they are capping points to 5000 starting June 2013. Is it possible for me to get a new American Express card that will continue to accumulate points with my original points instead of having to at zero again with a new card?
Hello Colleen,
thanks for the question!
As long as both cards earn American Express Membership Rewards (MR) points then you can transfer them from your old card to your new card. During the application process for the new card there’ll be a tick box which asks if you already have an existing American Express card. After ticking this box you’ll need to provide your card number and the points will transfer.
I hope this helps,
Marc.
Odd question: What is the design of the card? Is it plastic? Is there a border around it?
Ty. Most cards are made from PVCA plastics. There’s a picture of the review and application page that gives a good indication of what the card looks like: silver, blue stripe down the right of the card, American Express logo across the front. Not sure about the boarder. Jacob.
In regards to the free flight. Can one years flight be rolled over into the next so you can take a spouse or child on the second ticket.
Thanks
Hi Jay. Thanks for your question. According to the terms and conditions, page 29. (I’ve sent the document to your email), ‘You are entitled to one Flight in each full year of Platinum Reserve Credit Card membership. A year is 365 consecutive days, starting on the date your Platinum Reserve Credit Card is issued or any
anniversary of that date. Your Flight must be booked before the end of each year. Flight benefits cannot be carried forward to any subsequent year.’ Jacob.
With a David Jones Amex card you get 1.5 Kris flyer points at the supermarket per dollar, do you get the same with a platinum edge card or do you get 3 Kris flyer points per dollar,also is the 10000 bonus points worth 10000 kris flyer points.
Hi Chris. Thanks for your question. You’re referring to the conversion rate between American Express Membership Rewards and Kris Flyer Miles? It’s 1:1. It’s the same for all cards that are linked to the American Express Membership Rewards Program. So if you were to get 10,000 American Express Membership Rewards Points it would equal 10,000 KrisFlyer Miles. Check this page for information about transfer rates between American Express Membership Rewards and their transfer partners. Jacob.
Hi. I’m wondering if the minimum income is negotiable? I earn $47K part-time, and in conjunction with my partners pay (who will also be using card) exceeds the minimum. We would like to take advantage of the rewards.
Kind Regards, Jess.
Hi Jess. Thanks for your question. The minimum income requirement is not negotiable; however, if you both apply as joint primary cardholders, you can use your combined income to apply for a card. This page has information on which providers allow this, and which do not. Let me know how it goes. Jacob.
Does this card – amex platinum edge have a balance transfer? If so what are the terms? I see reference to it but no figures. Also sorry to sound stupid but is amex readily accepted in supermarkets such as woolies, coles and at big w, target, service stations? I have never used an amex card before obviously. What might be best to ask is where is it not accepted? If I apply for this card, I can get an additional card holder for my husband yes? Is this fee free? I thought I read it was or is his card subject to the annual fee as well? Would there be difficultly booking us both on the same complementary free virgin flight each year. ie obviously only the one flight would be free, the other we’d have to pay for. Thankyou
Hi Juliet. Thanks for your question. American Express do not currently offer balance transfer promotions to their cards. There is no extra cost for a supplementary card. I’ve sent the terms and conditions of the free flight offer to your email, you should review this document before making any decisions. You should be able to get your husband on the same flight; however, all seats are subject to availability. American Express is accepted in a number of place, however, there are merchants that do not accept this type of card. Supermarkets do, some pubs etc. do not. Unfortunately there is no register when you can find out who does and doesn’t, you will have to ask before you go to use the card. Jacob.
I am a semi retired pensioner who is still working and my income is under $50,0000 pa. Will this make me illegible to apply for an American Express Premium Credit Card?
HI Alfred. Thanks for your question. If you don’t meet the minimum eligibility requirements for this card, you will not be accepted. Jacob.
Hi, I want to know the annual fee $195 will adjust again or not when this offer end after this month? Thanks.
Hi Kylie. Thanks for your question. Currently, the offer has no set end date and we are unaware of whether it will be changed in the coming months. Jacob.
Hi
Please can you let me know if domestic car hire insurance excess is covered by this credit card?
Many thanks
Jon
Hi Jon. Car rental excess cover is not an included benefit within the American Express Platinum Edge Credit Card Complimentary Insurance Policy. It is; however, offered with some ANZ Credit Cards and Westpac Credit Cards. Let us know if you would like more information about this. Jacob.