American Express - The American Express Platinum Card
The American Express Platinum Credit Card gives access to over 1,550 airport lounges and earns rewards points at a rate of 2.25 points per dollar spent on nearly all purchases. On purchases at government bodies in Australia the earn rate is 1 point per dollar spent.
This card is a charge card, which means the balance must be paid off in full each month. There is no pre-set spending limit, however purchases are still subject to approval.
Earn up to 300,000 Bonus Membership Rewards Points. Earn 200,000 Bonus Membership Rewards Points when you spend $5,000 on eligible purchases on your new American Express Platinum Card within the first 3 months of your approval date. For more information, visit the American Express official website - T&Cs apply.
Annual Fee
$1,450 per year
Interest Free Period
up to 44 days
Rewards Rate One
2.25 point(s) per AUD$1 On purchases excluding government bodies in Australia
Rewards Rate Two
1 point(s) per AUD$1 On purchases at government bodies in Australia
Details
Card Type
American Express
Minimum Repayment
2.50% or $30
per statement, whichever is greater
Interest Free Period
up to 44
days
Fees
Annual Fee
$1,450
per year
Late Payment Fee
$20
per statement
Additional Card Holder Fee
$0
Additional Card Holder Cap
up to 4
additional holders
Overseas Spending
Foreign Currency Conversion Fee
3.50%
per transaction
Eligibility
Minimum Age
18
years old
Temporary Residents
Yes
Rewards
Program
Membership Rewards
Types
Airline Partner points, Gift cards, Hotels or Car hire
Bonus
300,000 bonus points
Reward Rates
Rewards Rate One
2.25 point(s) per AUD$1
On purchases excluding government bodies in Australia
Rewards Rate Two
1 point(s) per AUD$1
On purchases at government bodies in Australia
Perks
Complimentary Travel Insurance
Yes
Airport Lounge Access
Yes
Who is the product designed for?
The target market for this credit card are consumers who:
- want a flexible spending limit
- want to make purchases by deferring payment for a short time with no interest and are able to pay the balance in full each month
- want to have the ability to earn reward points and to access additional travel, lifestyle and insurance benefits
- are willing and able to pay an annual fee of $1450.
Visit American Express to view Target Market Determination Effective From: 2025-11-01.
