American Express Platinum Edge Credit Card | Reviewed

American Express Platinum Edge Credit Card

Card features
balance transfer
purchase rate
annual fee
American Express Platinum Edge Credit Card
Start your holiday with a $200 Travel Credit every year.
Range of travel insurances including overseas medical emergency expenses, travel cancellation cover and more.
Earn 3 Membership Rewards points per dollar spent at major supermarkets and petrol stations.
Add to comparison
20.74% p.a.

Pros & cons

What's good?

What's not so good?

Start your holiday with a $200 Travel Credit every year.
Range of travel insurances including overseas medical emergency expenses, travel cancellation cover and more.
Earn 3 Membership Rewards points per dollar spent at major supermarkets and petrol stations.
Earn 2 Membership Rewards points per dollar spent on overseas spend.
Earn 1 Membership Rewards point per dollar spent on other purchases.
Up to 55 days on purchases.
$195 p.a. annual fee.

Transfer rate applies to KrisFlyer and Skyward Mile programs, while the Air NZ transfer rate is 200 Membership Rewards Points to 1 Airpoint Dollar.

Disclaimer (2): Reviews rely upon third party information that may not be correct or may be changed without Credit Card Compare’s knowledge. You must carefully consider your own circumstances before making any commitments and confirm all offers and terms with credit card providers before accepting them. Please refer to our T&Cs for more.

User reviews

4.2 out of 5.0 based on 19 reviews95% of reviewers would recommend this card

Rates and fees
Customer service

Reviews from users

Perhaps best rewards card on the market

Reviewed and recommended by M on 28 Apr 2017

The 1:1 transfer ratio with major airline partners is a lot better than the 2:1 many other Visa/MasterCards or even bank-issued AmEx cards offer. You earn a point per dollar, and that doubles at petrol stations (surely an average driver uses $50 or more a week) and triples when you do your groceries. Add occasional AmEx offers, plus a travel credit that offsets the annual fee. So good.

Exceptional service

Reviewed and recommended by Mark on 26 Apr 2017

I find the AmEx Card very good and I’m able to use it almost anywhere.

Whenever I have had any issues the phone call centre is exceptional ( yes, exceptional). I use several credit cards and none match the AmEx service.

Interest rates are high but comparable to other brands. They do have specials on interest from time to time, but be careful to pay it off before it reverts to the higher rate. I would recommend this company AmEx as a very safe and secure global credit card provider.

Flight benefit changed, so unsure going forward

Reviewed and recommended by Valerie on 03 Jan 2017

I’ve had my American Express Platinum Edge card for about four years and it has been great until recently, when they decided to replace the free return domestic flight with a $200 travel credit. I don’t know if it is worth it any more, given that the travel credit expires within a year and you can only use the travel credit with AmEx Travel.

Good credit card but I won't be renewing it

Reviewed and not recommended by Erin on 31 Dec 2016

I’ve had my credit card for five years and enjoyed the “free” domestic Virgin flight that my annual fee helped pay for. Now the $199 annual fee only gets you a $200 travel credit that you can use through the AmEx travel agency. It’s a shame that the prices of the travel agency are so over-inflated. I like the card but won’t be renewing it.

Also, it annoys me that AmEx isn’t readily accepted and that there are often extra charges to use your AmEx. The customer service is amazing, however. I also trust the AmEx brand but I feel like I don’t make enough use of the rewards program, hence, why I’m not renewing it.

Benefits offset the annual fee

Reviewed and recommended by Sugiarto on 07 Dec 2016

This is one of the top credit cards I’m using right now. i applied for this credit card because I heard about the benefits from lots of my friends. Benefits such as: credit statement, promotions, good customer service

Even though American Express comes with a high annual fee, all the benefits I get offset the annual fee.

Good value credit card, hopefully nothing changes

Reviewed and recommended by James on 06 Dec 2016

The card has good points earning, good added bonuses of travel insurance and a free domestic return flight each year (which offsets the annual fee).

AmEx regularly hold promotions to get cash back on purchases, which acts as an added bonus.

There’s a good mobile phone app and website, which makes viewing details very easy.

The interest rate is higher than others, but always paying the balance at the end of each month obviously overrides any negative to this.

Good rewards easily offset the annual fee

Reviewed and recommended by Mat on 20 Sep 2016

For a $195 annual fee I got an included return flight from Melbourne to Sydney and accrued enough points for two return business class flights from Melbourne to the Gold Coast, saving over $2500.

A very handy card to have with excellent points accrual potential on groceries and fuel, which we all buy anyway.

Best credit card on the market

Reviewed and recommended by Michael on 20 Sep 2016

This is the best credit card, as it has a triple points offer, a free flight within Australia and excellent limit and services.

It has a 24/7 concierge and can book your flights.

Once I was on a trip and I accidentally lost my passport, but had it covered under insurance because I booked my flight with the card. Well worth the cost.

Good card, but I'd prefer wider acceptance

Reviewed and recommended by Bevan on 22 Jul 2016

Good card, but it would be better if more widely accepted. I use it most of the time, but there is a problem sometimes with not being able to get cash advances. I carry it all the time. Great rewards etc with points. I would upgrade to a higher card if i could. More credit is necessary for travel, but it’s a very good card .

A good card to have

Reviewed and recommended by Tony on 10 Jul 2016

Low fee vs good reward, it is a good card to have. Not like other cards that offer free air tickets, this American Express premium credit card has very acceptable annual credit card fee. You will able to get your money back from the air ticket alone, plus then you receive your credit card benefits for free.

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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
Rewards program
Membership Rewards
Temporary residents
Long Term Visa (12 months or more; Student Visa is excluded)


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 55 days on purchases
Minimum repayment
whichever is greater, $30 or 2.5%

Rates & fees

Ongoing interest rates

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


Annual fee
$195 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

Cool stuff you can get with your points

Disclaimer: Points required accurate as of the 31st March 2018.

Rewards program basics

First purchase bonus
Reward points expiry
Never as long as you keep your account active
Rewards program
Membership Rewards
Sign up bonus
Spend required for bonus points

Earning points with this card

Frequent flyer points
0.5 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
1 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 $50,000 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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People are happy
Rated 4.8 out of 5 for customer satisfaction.
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