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  • American Express Platinum Edge Credit Card

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    Platinum Edge Credit Card card from American Express

    • 0% p.a. special introductory rate for first 6 months
    • $149 annual fee
    • Complimentary domestic economy return flight every year

    American Express Platinum Edge Credit Card Review

    Review published: 11 January 2012
    Review updated: 3 February 2012

    What's hot:

    • Free domestic return flight each year
    • 20,000 bonus points offer
    • 0% interest for 6 months

    What's not:

    • 20.74% purchase rate
    • No extended warranty or purchase protection

    Mozo snapshot:

    The American Express Platinum Edge offers platinum for the people: plenty of privileges, easy-to-earn rewards points and even free travel, all for a highly reasonable annual fee of $149. The 20,000 bonus points offer runs until April 30, 2012.

    Key features: Cardholders can earn points aplenty with Amex's 3-2-1 system: that's 3 points per dollar spent at major supermarkets, 2 points per dollar on fuel purchases at major fuel retailers and 1 point per dollar for everything else. With access to six different frequent flyer programs, plus merchandise and gift options, the American Express Platinum Edge is truly flexible bling. But the most attractive bonus for team Mozo? The free domestic return flight with Virgin every year. Yes, we'll say it - a credit card company really can be generous.

    Other goodies include 20,000 rewards points when you spend $500 in the first two months - or $150 worth of travel. You'll also get 24-hour service and free supplementary credit cards, perfect if you want to enlist your other half to rack up points, too. The American Express Platinum Edge card comes with travel insurance, but the $149 annual fee doesn't stretch to extended warranties or purchase protection, which we'll forgive in view of all the other benefits.

    Who it's good for: Those who want to dip a toe into the platinum credit card lifestyle - and a bit of jetsetting on the side, without having to pay a huge annual fee. If you have the discipline to use your credit card for daily expenses plus your necessary splurges - without going over the edge - the American Express Platinum Edge card makes reward points easy to accumulate.

    Any catches? It's easy to be distracted by all the points and platinum treatment being thrown your way, but the 20.74% interest rate on purchases will cause some platinum pain if you aren't the type to pay off your monthly bill. Fortunately, you'll have 55 interest-free days to undo any damage you've done along the way.

    How are American Express credit cards rated by the Mozo community?

    Product Type Overall Price Features Service Convenience Trust
    American Express credit cards 6.1 Based on 89
    American Express credit card reviews
    5.2 6.6 6.3 5.6 6.5

    Read American Express credit card reviews by the Mozo community

    Latest reviews of American Express Platinum Edge Credit Card

      • American Express Platinum Edge Credit Card *

        American Express Qantas American Express Discovery Card *

        * Fees and charges are payable

        Show Rates

        Great rewards program and free flight incentive!

          1. Overall customer rating
          2. (Reviewed 4 days ago)

        There is an anuual fee - but you get a FREE return flight every year to a wide selection of destinations around Australia! So it's well worth it, and the booking process is extremely straight forward - just one phone call, tell the staff which day...       Full review 

        There is an anuual fee - but you get a FREE return flight every year to a wide selection of destinations around Australia! So it's well worth it, and the booking process is extremely straight forward - just one phone call, tell the staff which day/flight you want to fly, and it's done! The rewards program is also included at no extra cost, so it's easy to earn points!


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        American Express Platinum Edge Credit Card credit card review by May from Queensland

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        Yes
      • American Express Platinum Edge Credit Card *

        American Express Qantas American Express Discovery Card *

        * Fees and charges are payable

        Show Rates

        Great benefits from this card.

          1. Overall customer rating
          2. (Reviewed 11 days ago)

        Have just been able to book last year's and this year's free domestic flights simultaneously. My wife and I are going to darwin for a holiday. Thanks American Express.       Full review 

        Have just been able to book last year's and this year's free domestic flights simultaneously. My wife and I are going to darwin for a holiday. Thanks American Express.


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        American Express Platinum Edge Credit Card credit card review by Barry from Queensland

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        Yes
      • American Express Platinum Edge Credit Card *

        American Express Qantas American Express Discovery Card *

        * Fees and charges are payable

        Show Rates

        Just excellent

          1. Overall customer rating
          2. (Reviewed about 1 month ago)

        For all the years I have been with Amex i cant fault there service and are able to fix or solve any problem instantly great service great card       Full review 

        For all the years I have been with Amex i cant fault there service and are able to fix or solve any problem instantly great service great card


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        American Express Platinum Edge Credit Card credit card review by Percy from Queensland

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      • American Express Platinum Edge Credit Card *

        American Express Qantas American Express Discovery Card *

        * Fees and charges are payable

        Show Rates

        Very rewarding card with many reward options.

          1. Overall customer rating
          2. (Reviewed about 1 month ago)

        The platinum edge credit card rewards us for our spending habits. Despite not all shops accept amex, those that do ie the main stream shops, reward you very well. Just need to keep an eye out for special deals. The rewards program offers a broa...       Full review 

        The platinum edge credit card rewards us for our spending habits. Despite not all shops accept amex, those that do ie the main stream shops, reward you very well. Just need to keep an eye out for special deals. The rewards program offers a broad range of rewards to chose from. We always pay on time, so fees and interest charges are not a worry. The website is easy to use to view statements and claim you rewards. Very convenient. The card i have was due to being a CPA member, one lurk of being an accountant!!!


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        American Express Platinum Edge Credit Card credit card review by Glen from Victoria

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        Yes

    Rewards scheme

    • American Express Membership Rewards Ascent program. Transfer points to a range of airline programs or redeem your points for travel, gift cards, retail rewards and shopping gift cards.
    • You get one complimentary domestic economy return flight every year. You can get flights via Velocity, Air New Zealand, KrisFlyer, Cathay Pacific, Royal Orchid or Enrich points programs.
    • Earn bonus points at 23 bonus partners.

    Privileges

    • Travel Accident Insurance

    Special offers

    • Receive 20,000 bonus Membership Rewards points if you spend $500 in the first 2 months of receiving your card.

    Value of rewards points

    • Example reward
    • You'd need to spend
    • $100 gift card
    • $13,500
    • $100 cash back
    • $14,500
    • Flight: Sydney-Melbourne
    • $9,800
    • Flight: Sydney-London
    • $125,000
    • Points are capped?
    • No
    • Points expire?
    • Never

    Details behind our 'value of rewards' calculations

    • Points earning 1.0 points per dollar on Amex, uncapped
    • $100 gift card 13500 points buys a Myer $100 Gift Card
    • $100 cash back 14500 points buys a $100 credit
    • Flight: Sydney-Melbourne 1 points buys 1.0 Velocity Points; 9800 Velocity Points buys a Virgin Australia Syd-Mel flight
    • Flight: Sydney-London 1 points buys 1.0 Velocity Points; 125000 Velocity Points buys a Velocity partner London flight

    (how did we do it? find out...)

    Rates

    Purchase rate
    20.74%
    Intro purchase rate
    0.00% for 6 months
    Balance transfer rate
    none
    Balance transfer term
    none
    Balance transfer revert to cash
    none
    Cash advance rate
    none
    Interest free days
    55

    Other financial bits

    Minimum repayment amount
    $30.00
    Minimum repayment percent
    2.5

    Fees

    Annual card fee
    $149.00
    Introductory fee
    none
    Annual fee spend threshold
    none
    Reward program fee
    $
    Late payment fee
    $30.00
    Overlimit fee
    $30.00
    Cash advance fee
    $
    Foreign exchange margin
    3.00%
    Duplicate statement fee
    $10.00
    Transaction verification fee
    $7.00
    Additional card fee
    $0.00
    Establishment fee
    $

    Features

    Additional cardholders
    unlimited
    Other restrictions
    Only 0.5 points per dollar spend on utilities, insurance, telecommunications providers and government bodies.
    Other benefits
    none

    About American Express

    American Express is a global mega provider of credit cards, including gold cards, platinum cards, charge cards and more. With American Express, you can find a credit card to suit your lifestyle, tastes and aspirations. If you’re a rewards points junkie, be sure to check out the hugely popular American Express rewards programs, including Qantas Frequent Flyer points and Qantas Club rewards.

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