Important disclosure

American Express Australia Limited

American Express Platinum Edge Credit Card

  • Apple, Google & Samsung Pay
  • Instant approval

special

$0 Annual Card Fee in the first year, saving you $195

$0 Annual Card Fee in the first year, saving you $195, when you apply online. New Card members only. T&Cs apply.

Purchase Rate

23.99%

p.a

Balance Transfer Rate

Not Applicable

Tags
  • Apple, Google & Samsung Pay
  • Instant approval
Purchase Rate

23.99%

p.a

Balance Transfer Rate

Not Applicable

Annual Fee

$0

for 12 months then $195 thereafter

Pros and cons

For Platinum Edge Credit Card

Benefits

  • Rewards Available through Amex Membership Rewards Ascent
  • Extra 15,000 points subject to eligibility conditions
  • $0 annual fee in the first 12 months and $195 p.a thereafter.
  • Ability to convert large purchases into instalment plans
  • Apple Pay, Google Pay and Samsung Pay available
  • Domestic travel insurance
  • International travel insurance
  • Free supplementary cards
  • Extended warranty
  • Purchase protection insurance

Drawbacks

  • Higher than average ongoing variable purchase rate
  • Higher than average ongoing annual fee
  • No balance transfer

American Express Rate Credit card overview

For Platinum Edge Credit Card

Details

Card Level

Platinum

Card Type

AMEX

Interest Free Days

55

Minimum monthly repayment

2.5% or $30

Minimum credit limit

$3k

Maximum credit limit

$50k

Free supplementary cards

Instant Approval

Target Market Determination

Visit American Express Australia Limited to view Target Market Determination.

Fees

Annual Fee

$0

for 12 months then $195 thereafter

Annual Fee Spend Waiver

Supplementary card annual fee

$0

Late Payment Fee

$30

Over limit fee

$15

Duplicate statement fee

$10

Electronic Wallet Service

Important Rates

Rates

Purchase Rate

23.99%

p.a

Cash advance rate

Cash advance fee

Balance Transfer

Balance Transfer Rate

Not Applicable

Transfer Limit

Balance Transfer Fee

Overseas spending

Foreign Exchange Fee

3% on Amex

Overseas charges

Estimated ATM Cost

-

Rewards

Program name

Amex Membership Rewards Ascent

Rewards Available

Gift Card

Eligibility

Minimum age

18

Minimum income

$50k

Eligibility conditions

-

Residency

Perks

  • DOMESTIC TRAVEL INSURANCE Available when you use your card to pay for return domestic travel
  • INTERNATIONAL TRAVEL INSURANCE Available when you use your card to pay for return international travel
  • FREE SUPPLEMENTARY CARDS Supplementary cardholder must be over 18 years of age
  • EXTENDED WARRANTY Warranty is extended for the same duration as the original warranty up to 1 year
  • PURCHASE PROTECTION INSURANCE Covers up to $2,500 per item and $20,000 per year with a $50 excess within 90 days of purchase
Specials
  • Other $0 Annual Card Fee in the first year, saving you $195
    $0 Annual Card Fee in the first year, saving you $195, when you apply online. New Card members only. T&Cs apply.

Other Restrictions

Cash Advance and Balance transfers are not currently available on new American Express Credit Card applications. Travel Credit redeemed for eligible travel booked and paid online through AMEX travel.

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Lower Purchase Rate

Rewards Platinum

  • Apple, Google & Samsung Pay
  • Balance transfer

Bonus Points

80,000 ANZ Reward Points and $50 back to your new ANZ Rewards Platinum credit card when you spend $2,000 on eligible purchases in the first 3 months from approval.
Purchase Rate

20.99%

p.a

Annual Fee

$149

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Latitude 28º Global Platinum Mastercard

  • Apple, Google & Samsung Pay
  • No annual fee

special

Save with 0% international transaction fees on purchases. Plus, complimentary Flight Delay Pass and global data roaming.
Purchase Rate

27.49%

p.a

Annual Fee

$0

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  • Google Pay
  • Balance transfer
Purchase Rate

19.99%

p.a

Annual Fee

$160

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Platinum Card (Qantas Rewards)

  • Samsung Pay
  • Balance transfer

Bonus Points

Earn 40k Bonus Qantas Points With $4.5 k Spend in 3 Months ($49 p.a. to Earn Qantas Points). 0% p.a. for 12 months on balance transfers - reverts to cash advance rate. T&Cs apply.
Purchase Rate

20.74%

p.a

Annual Fee

$178