Amex Platinum Edge Card Detail
American Express Platinum Edge
Amex Platinum Edge is one of my personal favourites in the market and has been for some years. The value for money and benefits from this piece of plastic are unmatched by others – even if you consider generous sign-up bonuses. It’s also my preferred way of earning a massive amount of reward points quickly outside of Qantas Frequent Flyer program.
-
Rewards Program
Membership Rewards
-
Earn Rate
Up to 3 points per $1 spent uncapped
-
Bonus Offer
$200 Travel Credit (each year)
-
Annual Fee
$195 p.a.
Key Benefits Of Platinum Edge
The regular sign-up bonus Amex offers for this card is $200 travel credit, which is not huge compared to other offers out there, but considering the other perks attached with this card, it’s good as a companion to your Explorer or Platinum Card.
$200 Travel Credit
Free $200 travel credit each year you hold the card. This can be used on flights, hotels and car rentals through Amex Travel.
Earn up to 3 points per $
The everyday earn rate for this card is a standard $1 to 1 point, but where this card really shines is on supermarket (3 points for $1) and petrol spending (3 points for $1).
Uncapped Earning
The American Express Platinum Edge comes uncapped, this means you can earn as many points as you would like without restrictions.
Redeeming Points
Redeem your points for flights with 9 leading airline partner programs, or online for Gift Cards or credit on your account.
Boost Your Points
Earn points faster by getting up to 4 Additional Cards for family members at no additional cost.
Amex Platinum Edge Overview
The regular sign-up bonus Amex offers for this card is $200 travel credit, which is not huge compared to other offers out there, but considering the other perks attached with this card, it’s good as a companion to your Explorer or Platinum Card.
The everyday earn rate for this card is a standard $1 to 1 point, but where this card really shines is on supermarket (3 points for $1) and petrol spending (3 points for $1). The transfer partner list for American Express Platinum Edge is rather substantial, to say the least and includes some of our favourite programs which are Singapore Airlines KrisFlyer and Cathay Pacific Asia Miles.
On top of all this, you get one $200 travel credit each year you hold the card which you are free to use on flights, hotels and car rental bookings through Amex Travel. This offsets the annual card fee of $195 making it essentially free to hold this card while benefiting from the most rewarding and flexible point program in Australia (Membership Rewards).
Amex Membership Rewards Earn Rates
The Platinum Edge is a great companion card to another Amex you might already hold (Especially Explorer or Platinum since they share the same rewards program). The annual travel credit offsets the annual fee completely while the earn rate on supermarket and petrol expenses will boost your points balance further.
Membership Rewards
With the Platinum Edge Credit Card, you receive complimentary enrolment in the Membership Rewards Ascent program.
Supermarket & Petrol Station Earn Rate
Earn 3 Membership Rewards points per dollar spent at major supermarkets and petrol stations
Overseas Earn Rate
Earn 2 Membership Rewards points per dollar spent overseas
Other Categories
Earn 1 Membership Rewards point per dollar spent on everything else, including utilities, telecommunications and government bodies in Australia.
How to maximise supermarket purchases
Most supermarkets allow you to purchase vouchers for all their partner brands, this allows you to purchase all the gift cards you might need for the same 3 points on the dollar as opposed to the standard 1 to 1 when buying directly in store. This adds up quickly if you’re in the market for big-ticket items such as appliances, travel, petrol, etc.
The supermarkets eligible for bonus points with the American Express Platinum Edge are:
Coles
Woolworths
IGA
Supabarn
Franklins
BuyLo
Frequent Flyer Transfer Partners & Rates
American Express Platinum Edge does not earn you Qantas Frequent Flyer points but MR points can be transferred to a range of airline partners which gives you much more flexibility and choice when it comes to redeeming your points for travel. Some of the most valuable programs are KrisFlyer and Asia Miles, which are generally much cheaper compared to Qantas.
Singapore Airlines: Kris Flyer (Star Alliance)
2 Membership Rewards points = 1 Kris Flyer Mile
Malaysia Airlines: Enrich
2 Membership Rewards points = 1 Enrich Mile
Virgin Atlantic: Flying Club
2 Membership Rewards points = 1 Flying Club Mile
Cathay Pacific: Asia Miles
2 Membership Rewards points = 1 Asia Mile
Etihad Airways: Etihad Guest
2 Membership Rewards points = 1 Etihad Guest Mile
Air New Zealand: Air Points
200 Membership Rewards points = 1 Airpoints Dollar
Thai Airways: Royal Orchid Plus
2 Membership Rewards points = 1 Royal Orchid Plus Mile
Emirates: Skywards
2 Membership Rewards points = 1 Skyward Mile
Hilton: Hilton Honors
2 Membership Rewards points = 1 Hilton Honors point
Marriott: Bonvoy
3 Membership Rewards points = 2 Marriott Bonvoy points
Other Benefits Amex Platinum Edge Offers
• Overseas Medical Emergency Expenses Cover • Travel Cancellation Cover • Baggage, Money, and Documentation Cover • Personal Liability Cover
Travel Inconvenience Cover : This is a pretty standard list of benefits you’d find with most Platinum-style credit cards, and you should always check the terms and conditions before fully relying on these extras, especially when you travel. .
American Express Platinum Edge Lounge Access
The Amex Platinum Edge does not get you in the new American Express lounge in the Sydney or Melbourne International airports. To gain access you might have to look at some of the other cards on offer, such as the American Express Platinum Card, or the Amex Explorer Card.
Amex Platinum Eligibility
This card is available to both exisiting and new card members who meet the following criteria:
Minimum income:
$50,000 p.a.
Age
18 years or over
Credit Score
No history of bad debt or payment default
Residency
Australian citizen or permanent resident or hold a current Business Long Stay Visa (subclass 457)
Amex Platinum Edge Conclusion
Although there are bigger sign up offers available, the Amex Platinum Edge makes a perfect companion if you already hold another Amex product which earns Membership Rewards. Considering most people spend a significant amount of money at the supermarket and on petrol, this card can really help boost your points balance.
Ready to Apply?
Sign up today and start earning American Express Membership Rewards in addition to a $200 travel credit!
Our Rating
Amex Platinum Edge
The American Express is the best value Amex card to get in addition to Amex Explorer or Amex Platinum Charge. It's a fantastic card to take advantage of enhanced points earning rates at the supermarkets and petrol station.
Pros
- Excellent Ear Rates
- Card fee is offset by annual travel credit
- Uncapped earning potential
Cons
- No bonus points offer other than the travel credit
- Earn Rate 4
- Card Features 3
- Annual Fee 5
- Bonus Offer 3