• Access to a dedicated Platinum Travel & Concierge 24 hours a day.
• Complimentary enrollment in Membership Rewards Ascent where you will earn 1.5 points for every dollar spent up to $200,000 each year (reverting to 1 point for every dollar spent thereafter)
• Overseas and domestic travel insurance
• Read the terms and conditions

• International travel insurance
• Dedicated 24/7 platinum travel concierge service
• $900 p.a. annual fee

How does the American Express Platinum Credit Card compare for rates and fees against an average credit card? Based on the data from our website this credit card comparison scorecard shows:

		Purchase Rate	Cash Adv Rate	Annual Fee	Bal. Transfer Rate	Bal. Transfer Rate Period
	American Express Platinum Credit Card	-%	-%	$900	-%	- months
	The Average Credit Card	17.15%	21.03%	$96	2.86%	7 months

Since 1997, the platinum credit card has provided unique experiences, travel benefits, dedicated service and privileges. This card is no different. Up there with the best, the AMEX Platinum Card gives you plenty to write home about!

Pros

One of the best things about this card is the offer of a great rewards program with 75,000 bonus points at the outset when you spend more than $500 in the first 2 months on your card. When you sign up you can earn points toward 8 different frequent flyer programs with major airlines including Singapore Airlines, Qantas and Cathay Pacific among others. Just sign up and have your points go to that mileage program. You can earn up to 1.5 points per $1 spent to get you to your desired destination faster.

Your Platinum credit card gives you access to exclusive offers and savings. Sit back and enjoy the journey as your dedicated Platinum Travel Service team arrange your travel beginning to end. These guys are on call 24/7 and can help you with all the little jobs you don’t have time for. Booking that hotel, arranging a car rental, leaving a gift for someone, whatever it might be you need, the travel service team are onto it as soon as you call. A personal concierge is also just a phone call away and ready to book your tickets, make dinner reservations or car transfer arrangements for you, meaning you’re free to just go and get some real work done, or enjoy that much deserved holiday.

You also get access to the tools, resources and assistance you need to make your life easier. Convenience and efficiency are things we all value in our fast-paced lives, so you’ll love the ways in which AMEX make managing your expenses easier. You can enjoy a wide range of benefits including free additional cards and also supplementary cards for your loved ones at no extra charge. You’ll be covered with extensive insurance coverage including retail and travel with your Platinum Card, giving you the peace of mind you need.

Cons

The annual fee of $900 p.a. is huge, but if you can make use of the rewards and extras and can save more than that by using the card, it’s a goer. Keep in mind that these cards are 'charge cards’, which is slightly different to a typical credit card. It means you must make your repayments every month without fail. If you see this as a limitation, think of it as a help because it means you’ll stay debt free and won’t have interest to pay because you’re late. Also, you should note that any sign up or membership fees for airline frequent flyer rewards programs will need to be paid on top of your annual fee. Lastly, you should know that AMEX cards are typically accepted in fewer places than either Visa or Mastercard, meaning you want to make sure the places you do your spending take AMEX cards so you can actually use it and get the rewards you’re after.

Conclusion

This card comes with plenty of platinum level features and bonuses, but a hefty fee you want to make sure is worth your while. Fancy extras are right up American Express’ street so if that’s what you’re looking for, and if you can make your repayments like clockwork, you might consider this card.