American Express Explorer® Credit Card

What do you want this card for?
Save money
Earn points
My monthly spend: 
$5,000
 
Offer
Card features
Rewards program
Earn rate
Sign up bonus
Points earned
American Express Explorer® Credit Card
Apply by 26 sep 18
5 reviews
American Express Explorer® Credit Card
Get 75,000 points when you apply online by 26th Sept 2018, are approved and spend $3,000 in the first 3 months
Receive a $400 Travel Credit each year towards any flights, hotels and car hire when you book online with this card.
Enjoy up to two entries per year to the American Express Lounge at Sydney or Melbourne Airports.
Add to comparison
Membership Rewards Gateway
Membership Rewards Gateway
2 pts
per $1 spent
75,000
points
after spend criteria

Pros & cons

What's good?

What's not so good?

Get 75,000 points when you apply online by 26th Sept 2018, are approved and spend $3,000 in the first 3 months.
Receive a $400 Travel Credit each year towards any flights, hotels and car hire when you book online with this card.
Smartphone Screen Insurance for up to $500 for screen repairs when you pay for your phone or contract with this card.
Earn up to 2 pts per $1 spent on eligible purchases with the Membership Rewards Gateway program.
0% p.a. for 12 months for balance transfers and a one-off credit plan establishment fee of 1%.
You are eligible for the signup bonus points if you have or have held, an Amex companion card from a different bank.
Enjoy two complimentary entries per year to the American Express Lounges at Sydney or Melbourne International Airports. (Conditions Apply)#
Travel with peace of mind with the complimentary travel insurances.
The $395 p.a. but it is offset with benefits.
You can find better interest rates than 20.74% p.a.
To get a credit card like this one, you will need a minimum income of $65,000.
You won’t qualify for the bonus points if you have held any kind of Amex card in the previous 18 months.

#Entry into The American Express Lounge is governed by the full Terms and Conditions available at amex.com.au/airportlounge.

User reviews

3.9 out of 5.0 based on 5 reviews80% of reviewers would recommend this card

Rates and fees
Rewards
Customer service
Convenience
Trust

Reviews from users

Great benefits, but be aware of some pitfalls

Reviewed and recommended by James on 05 May 2017

The $395 annual fee more than pays for itself with such benefits as the free travel insurance and included travel credit. But be sure to look carefully at the terms and conditions. Any of the $400 travel credit not used in one transaction is voided: in other words, it cannot carry over to other transactions. So spend the travel credit on the most expensive part of your travel.

The 2 points per $1 spent is pretty sweet, as is the potential to link with Velocity Rewards.

Friendly staff and great rewards

Reviewed and recommended by Priyanka on 02 May 2017

I recommend this card highly. It’s been great dealing with the customer care team – my queries are sorted with expertise and friendliness. On top of this the rewards have made it possible for me to travel without spending a penny.

The only drawback is that there are a lot of places that still don’t accept the card, which is sheer lack of knowledge as the card has similar merchant charges to that of MasterCard and Visa.

High annual fee, not enough rewards information

Reviewed and not recommended by Edwina on 28 Apr 2017

They were quick to accept my application with minimal fuss, and were speedy with sending out the card

But there’s not enough information given on how to redeem rewards. It’s hard to decipher how to gain rewards and take advantage of all the benefits advertised.

There’s also a ridiculously high annual fee. It’s good for short term needs, but you could easily get trapped by the high interest rate and annual fee.

Great rewards for air miles

Reviewed and recommended by Lucy on 08 Apr 2017

I was super excited to get this card and to start racking up some points for air miles. I did get off to a bad start though, as they would not honour the referral miles for me since I forgot to apply via my friend’s link: countless phone calls and chat conversations, and they just wouldn’t budge. Just a warning to everyone else who is referred via a friend. The other rewards are pretty good – especially the retail offers that pop up.

No annual fee, bonus points, Apple Pay

Reviewed and recommended by Mario on 06 Apr 2017

The card is pretty good, with no annual fee and a bonus of 7,500 Velocity points after spending $750 on the card.

It’s a good card if you’re a Velocity member, as you can earn 1 point for $1 spent on anything, and your points will be transferred automatically to your Velocity account.

It works with Apple Pay and customer service with AmEx is very good.

Disclaimer: The opinions expressed about credit cards are the reviewer's alone, and do not reflect the views of Credit Card Compare or the credit card issuer. Reviews have not been approved or otherwise endorsed by Credit Card Compare.

The basics

About this card

Card setup
Single
Card tier
Platinum
Card type
American Express
Card use
Personal
Credit rating
No history of bad credit
Gambling transactions allowed
No
Joint application
N/A
Minimum age
18 years old
Minimum income
$65,000
Minimum income for pensioners
N/A
Pensioners
N/A
Rewards program
Membership Rewards Gateway
Temporary residents
Business Long Stay Visa (subclass 457)

Cardholders

Additional cardholders
4
Additional card fee
$0 p.a.

Credit limits

Minimum credit limit
$3,000
Maximum credit limit
N/A

Repayments

Interest charged from
Purchase date
Interest free period
Up to 55 days on purchases
Minimum repayment
2.5%

Balance transfers

The offer

Interest ratePeriodFeeLimitRevert rate
Balance transfers0% p.a.12 months1%$10,000 or 70% of credit limit20.74% p.a.

Balance transfers to this card

Balance transfer earns rewards
No
Balance transfer fee payment due
First statement
Balance transfer from personal loan
N/A
Balance transfer processing time
10 - 14 days
Interest free days with unpaid balance
0 days
Maximum balance transfer
$10,000 or 70% of credit limit
Available to existing customers
No

Banks you can't balance transfer from

You can't balance transfer to the American Express Explorer® Credit Card at the promotional balance transfer rate from:

  • American Express

Rates & fees

Promotional interest rates

Interest ratePeriodFeeLimitRevert rate
Balance transfers0% p.a.12 months1%$10,000 or 70% of credit limit 20.74% p.a.
PurchasesN/AN/AN/AN/A N/A

Ongoing interest rates

MonthlyAnnually
Cash advances N/A N/A
Purchases 1.73% 20.74% p.a.

Fees

Annual fee
$395 p.a.
Cash advance fee
2%
Dishonour fee
$6
Duplicate statement fee
$10
Foreign exchange fee
3%
Late payment fee
$30
Over limit fee
N/A
Overseas ATM balance fee
N/A
Overseas ATM withdrawal fee
N/A
Overseas emergency card replacement fee
N/A
Transaction verification fee
N/A

Rewards & points

Rewards program basics

First purchase bonus
75,000 points
Reward points expiry
Never
Rewards program
Membership Rewards Gateway
Spend required for bonus points
$3,000 in 3 months

Earning points with this card

Frequent flyer points
2 pts per $1 spent
Overseas earn rate
Same as standard earn rate
Points cap per month
N/A
Points cap per year
N/A
Points earned on ATO payments
0.5 pts per $1 spent
Reward points
2 pts per $1 spent

Additional benefits

Airport lounge access
Yes
Complimentary flight voucher
Yes
Concierge service
N/A

Minimum criteria for this card

What you need before applying

Be over 18 years old
You are a resident or citizen of Australia
Earn a regular income of more than $65,000 per year
You have your personal details ready to complete the online application
Have not applied for multiple credit cards recently
Disclaimer: The minimum criteria are intended only to be a guide. Your application may still be rejected by the bank even if you can answer 'Yes' to all the minimum criteria. The final decision regarding your application is up to the bank.

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