American Express Platinum Card

Card features
balance transfer
purchase rate
annual fee
American Express Platinum Card
Earn 80,000 points when you apply online, are approved and spend $3,000 in the first 3 months.
Complimentary access for you and a guest to over 1,200 Airport lounges across 130 countries.
Point redemption rates will change as of 15 April 2019. Please go to for more details.
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Pros & cons

What's good?

What's not so good?

Earn 80,000 points when you apply online, are approved and spend $3,000 in the first 3 months.
Receive a $450 Platinum Travel Credit each year, which can be redeemed for flights, hotels or car hire.
Platinum benefits including a metal card right out of the envelope.
Complimentary access for you and a guest to over 1,200 Airport lounges across 130 countries.
Complimentary Accor Plus membership valued at $395 p.a. With over 800 hotels in 18 countries across the Asia Pacific Region.
Platinum Card Member Insurance Covers up to 4 Additional Card Members when you book and pay for a return trip with your Platinum Card or Membership Reward Points.
Until 14 April 2019, earn up to 3 points per $1 spent. From 15 April 2019, earn 2.25 points per $1 spent on all purchases except for spend with government bodies, where you will earn 1 point per $1 spent.
Smartphone Screen Insurance for up to $500 for screen repairs when you pay for your phone or contract with this card.
The $1,450 p.a. annual fee might be off-putting if you don’t think you’ll use all of the platinum level benefits that come with the card.
You won’t qualify for the bonus points if you have held any kind of Amex card in the previous 18 months.

For existing Platinum Card Members: you can call the number on the back of your current card to request your metal card.
Point redemption rates will change as of 15 April 2019. Please go to for more details.

User reviews

4.1 out of 5.0 based on 18 reviews94% of reviewers would recommend this card

Rates and fees
Customer service

Reviews from users

Great for travel insurance

Reviewed and recommended by Katie on 01 May 2017

This card is great because it includes free travel insurance, which I used when I was overseas for six months, and it saved me so much money.

I love the rewards, but it’s a shame that it’s not accepted everywhere, and where it is accepted there is often a surcharge.

It's good, but I can't use it everywhere

Reviewed and recommended by Callum on 28 Apr 2017

I like the card but wish I could use it more often and get more points. And I know it sounds stupid, but it would be nice if they made the cards look more attractive. That way I would be obliged to put it in my wallet and keep it there, instead of losing it every few months.

Not a lot of shops take AmEx, or they add on a fee

Reviewed and not recommended by Linda on 07 Jan 2017

Great card, just not a lot of stores accept them. When you do go to use them they also charge a fee at petrol stations, etc. I do use mine for grocery shopping every now and then at Woolworths — I get $20 off which is great. It would be a better card if it was accepted in a lot more places.

Best card I have ever used

Reviewed and recommended by Harpreet on 09 Dec 2016

This card is the best card I have ever used. It gets accepted pretty much anywhere, in Australia or overseas.

There are very attractive rewards for frequent flyers, and customer service is the best in the business. There are great security features attached to it.

i use it for daily expenses, booking and buying stuff online, and over-the-phone transactions.

Free flight and lounge passes more than cover fee

Reviewed and recommended by Anna on 06 Nov 2016

I recently obtained this credit card and so far it has been accepted at most places and I have earned all the points I was promised.

There is a yearly fee of approximately $340. However, you receive a complimentary domestic return flight every year, which covers the cost of the fee. There are also free Virgin lounge passes.

Earned enough points for two overseas flights

Reviewed and recommended by Bianca on 29 Sep 2016

There are great rewards, the staff are very helpful, and I have never had any issues with the card. I have managed to save enough points to fly myself and my partner overseas and back.

I have no complaints at all. I love the trust of the company and wouldn’t go with any other one.

Great offers

Reviewed and recommended by Mike on 24 Sep 2016

I love this card. Great offers can be saved to the card. Fees are reasonable, but often they give a loyalty bonus around renewal times (if you ask).

When I contact them, I always receive excellent customer service, day and night. The online and app access are good also. Overall, a great deal.

Excellent benefits for frequent traveller

Reviewed and recommended by Boris on 18 Sep 2016

Great card with excellent benefits, especially for a frequent traveller. The unlimited spend amount, combined with the lounge access, included travel insurance cover and travel and concierge services make this an invaluable card for the frequent international traveller.

The only downside to the card from my perspective is the size of the annual fee.

Great product for a busy and luxury lifestyle

Reviewed and recommended by Bingxuan on 13 Jul 2016

Apart from the $1,200 annual fee, this card is a great product for a luxury lifestyle. It has access to a wide range of worldwide airport lounges, complimentary insurance coverage, complimentary elite hotel and car rental memberships, and an annual domestic return flight on Virgin Australia. This card is a charge card, which works well only if you repay your full balances every month.

One of the best in the world

Reviewed and recommended by Michael on 02 Jul 2016

I don’t really like credit cards much, but having the Platinum American Express credit card is rewarding. It has great rewards, an excellent app, and is even compatible with Apple Pay. It definitely destroys all the other credit card companies.

The downside is that the credit card is a bit expensive and not all places accept it, but it is always my first choice by far.

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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
Card tier
Card type
American Express
Card use
Credit rating
No bad credit history
Gambling transactions allowed
Joint application
Minimum age
18 years old
Minimum income
Minimum income for pensioners
Same as standard
Rewards program
Membership Rewards Ascent Premium
Temporary residents


Additional cardholders
Additional card fee
$0 p.a.

Credit limits

Minimum credit limit
Maximum credit limit


Interest charged from
Statement date
Interest free period
Up to 44 days on purchases
Minimum repayment

Rates & fees

Ongoing interest rates

Cash advances N/A N/A
Purchases N/A N/A


Annual fee
$1,450 p.a.
Cash advance fee
Dishonour fee
Duplicate statement fee
Foreign exchange fee
Late payment fee
Over limit fee
Overseas ATM balance fee
Overseas ATM withdrawal fee
Overseas emergency card replacement fee
Transaction verification fee

Rewards & points

Rewards program basics

First purchase bonus
80,000 points
Reward points expiry
Never as long as you keep your account active
Rewards program
Membership Rewards Ascent Premium
Spend required for bonus points
$3,000 in 3 months

Earning points with this card

Frequent flyer points
1 pt per $1 spent
Overseas earn rate
2 pts per $1 spent
Points cap per month
Points cap per year
Points earned on ATO payments
0.5 pts pts per $1 spent
Reward points
1 pt per $1 spent

Additional benefits

Airport lounge access
Complimentary flight voucher
Concierge service

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 $100,000 per year
Have no history of bad credit
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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