American Express Explorer Credit Card

With 50,000 bonus points, a $400 Travel Credit and two complimentary airline lounge passes, the features of the American Express Explorer outweigh the upfront cost.

The American Express Explorer is a premium reward card with an annual fee of $395 that is offset by a yearly $400 Travel Credit you can use through American Express Travel. It also offers 50,000 bonus Membership Rewards points when you apply online and spend $3,000 on eligible purchases within the first three months.

As well as these benefits, it comes with complimentary travel insurance and purchase insurance covers, 2 Membership Rewards Gateway points per $1 spent on most purchases (uncapped) and the option to transfer your points to a wide range of frequent flyer partners.

Product NameAmerican Express Explorer Credit Card
Rewards ProgramMembership Rewards Gateway
Balance transfer rate (p.a.)0% p.a. for 12 months with 1% balance transfer fee
Balance Transfer Revert Rate
The interest rate after the balance transfer ends.
Purchase Rate (20.74% p.a.)
Balance Transfer Limit70% of available credit limit
Maximum Balance Transfer Amount$10,000
Purchase rate (p.a.)20.74% p.a.
Annual fee$395 p.a.
Interest Free Period
The interest-free period on purchases is the period or number of days you do not have to pay interest on your card purchases. You will be charged interest either from the day you make a purchase or from the statement date, unless you pay the closing balance in full by the due date (or within the interest-free period) on your statement.
Up to 55 days on purchases
Min credit limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
$3,000
Max credit limit
This credit limit may not be issued to you immediately on application. This is the maximum credit limit for this card which must be applied for or offered to you after you are approved and have already opened the account.
$25,000
Card TypeAmerican Express
Foreign Currency Conversion Fee (AMEX)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3% of transaction value
Complimentary Travel InsuranceYes
Minimum Income$65,000
Minimum Age18 years of age
Available To Temporary ResidentsYes - Conditions apply
Joint ApplicationNo
Annual fee$395 p.a.
Minimum Monthly Repayment2.5% or $30, whichever is greater
Late Payment Fee$30
Foreign Currency Conversion Fee (AMEX)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3% of transaction value
Additional Cardholder Fee$0
Number of Additional Cardholders4

Pros

  • Earn 50,000 Membership Rewards Bonus Points when you apply online, are approved and spend $3,000 on your card within the first 3 months from card approval.
  • Enjoy 0% p.a. for 12 months on balance transfers.
  • Receive a $400 Travel Credit every year.

Cons

  • A one-time 1% balance transfer fee applies.
  • The standard purchase rate of 20.74% p.a. is relatively high.
Rewards ProgramMembership Rewards Gateway
Bonus Points50,000 bonus points
Rewards Points per $ spent (AMEX)2
Rewards Points per $ (AMEX) CapUncapped

Benefits of the American Express Explorer Credit Card

  • Bonus points. If you apply online, are approved and spend an eligible $3,000 within the first 3 months of card membership, you will earn a bonus 50,000 Membership Rewards points. These points can be transferred to eight airline partner programs, including Velocity, with the bonus 50,000 Membership Rewards points converting to 37,500 Velocity Points. This offer is available to new card members, as well as bank-issued American Express companion cardholders.
  • $400 Travel Credit. Each year you have the card, you'll get $400 Travel Credit you can use on a single booking made with American Express Travel. This Travel Credit is available once you have paid the $395 annual fee for that year and have met the minimum repayment requirements on your last statement.
  • Complimentary airport lounge passes. This card offers two complimentary passes to American Express Lounge at Sydney International (Kingsford Smith) Airport (T1) or Melbourne International Airport (T2) each year. To use the passes, just present your card at the reception desk, then relax before your flight with free wi-fi, food and drink, barista-made coffee and comfortable seats.
  • Complimentary travel insurances. Pay for your return overseas travel with this card and you can save on insurance costs with complimentary Medical Emergency Expenses Cover, Travel Cancellation Cover, Baggage, Money and Documentation Cover and Travel Inconvenience Insurance Cover. Cover is also effective when you pay for the full return fare using Membership Rewards points or the $400 Travel Credit.
  • Smartphone screen insurance. You’ll receive up to $500 for screen repairs if you accidentally break your smartphone screen. A 10% excess applies per claim with a maximum of 2 claims every 12 months.
  • Mobile contactless payments. Whether you have an Android, Apple or Samsung device, you can save time at the cash register and pay with the convenience of your smartphone with Google Pay, Apple Pay or Samsung Pay.
  • Purchase protection insurance. You can shop with peace of mind with purchase protection, refund protection, an online fraud protection guarantee and a buyers advantage policy that can extend the manufacturer’s warranty by up to 12 months on eligible items purchased with this card.

Transfer your points

Membership Rewards program. The American Express Explorer earns 2 Membership Rewards points per $1 spent on eligible purchases and 0.5 points per $1 spent on government purchases. These points are collected under the Membership Rewards Gateway program stream and can be redeemed for a variety of rewards or transferred to eight partner frequent flyer programs:

  • Air New Zealand Airpoints
  • Asia Miles, Emirates Skywards
  • Etihad Guest
  • Malaysian Airlines Enrich
  • Singapore Airlines KrisFlyer
  • THAI Royal Orchid Plus and
  • Virgin Australia Velocity Frequent Flyer.

Features of the American Express Explorer Credit Card

  • Annual fee. The American Express Explorer's annual fee of $395 is completely offset by the $400 Travel Credit when you redeem it. But if you don't use the travel credit through American Express Travel, this cost could outweigh the value you get from the card.
  • Interest rate. Any purchases you make will be subject to an interest rate of 20.74% p.a.
  • Interest-free days. If you pay your balance in full by the statement due date, you'll get up to 55 interest-free days on purchases during each statement period. This gives you a way to avoid interest charges as you spend.
  • Additional cardholder. If you want to share your account to help earn more points, you can request an additional card for $0. Please note that the additional card member must be at least 18 years of age and you’ll be liable for all spending and charges added to the account.
  • Balance transfer offer. If you have debt on another credit card, you can consolidate it on this card and get a promotional balance transfer rate of 0% p.a. for 12 months. A one-time 1% balance transfer fee applies. You can transfer up to 70% of your approved credit limit to a maximum of $10,000.

How to apply for the American Express Explorer Credit Card

If you meet the eligibility requirements and have all the key documents and details on hand, you can apply for the American Express Explorer Credit Card online in around 10 minutes. To get started, click on the "Go to Site" button to be taken to a secure online application.

Eligibility requirements

  • Age. Applicants must be at least 18 years of age.
  • Residency. You must be an Australian citizen, permanent resident or hold a current Business Long Stay Visa (subclass 457).
  • Minimum income. You must have a personal gross (pre-tax) annual income of $65,000 or more.
  • Credit history. Applicants need no history of bad debt or payment default.

Required documents

  • Personal details. You’ll need to provide personal details such as your full name and address.
  • Identification. You might need to provide proof of identity such as your driver’s licence or birth certificate.
  • Proof of income. You’ll be asked to provide proof of income and employment (such as recent pay slips).

The American Express Explorer Credit Card is a premium card designed for cardholders who want to get more from their spending. As it’s not the only premium frequent flyer card on the market, it’s important to compare your options and make sure you meet the eligibility requirements before applying.

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95 Responses

  1. Default Gravatar
    DanielSeptember 27, 2018

    How will it take to get the bonus points upon spending that 3k?

    • finder Customer Care
      JohnSeptember 27, 2018Staff

      Hi Daniel,

      Thank you for leaving a question.

      Generally, when the $3000 eligible purchase is completed and validated by American Express. You will be able to see the points earned by the next credit statement that you receive. If you have further questions on this you may call 1800 059 388. Hope this helps!

      Cheers,
      Reggie

  2. Default Gravatar
    AdamApril 5, 2018

    Hi,
    If I’am a supplementary holder of an American Express Explorer card, will I be eligible for the 100 thousand points bonus if I apply for this card as a sole applicant?

    • finder Customer Care
      NikkiApril 5, 2018Staff

      Hi Adam!

      It is understandable that you’d want to apply for an American Express Explorer Credit Card. The good news is, as you are a supplementary cardholder, you are eligible to apply and able to enjoy the bonus points of the American Express Explorer Credit Card. Kindly not that the 100,000 points is no longer valid as of this time.

      Upon approval of the card and when you spend $3,000 worth of purchases within the first three months of card membership, you will earn a bonus 50,000 Membership Rewards points. These points can be transferred to eight airline partner programs, including Velocity. If you prefer to transfer your points, these 50,000 Membership Rewards points are worth 37,500 Velocity Points. This offer is available to new card members, as well as bank-issued American Express companion cardholders.

      Hope this helps! Feel free to message us anytime should you have further questions.

      Cheers,
      Nikki

  3. Default Gravatar
    NormaDecember 11, 2017

    I have just received a 457 visa and arrived in Australia. Can I apply for this card straight away? I meet the other criteria on income etc.
    Many thanks

    • finder Customer Care
      MayDecember 12, 2017Staff

      Hi Norma,

      Thank you for your inquiry.

      Yes, the American Express Explorer Credit Card is available to people who hold Business Long Stay Visa (subclass 457). If you think you are able to meet all the eligibility requirements and if the card’s features meet your needs/preferences, then you can go ahead and apply. If still unsure and would need confirmation about your approval, you can also contact AMEX first to discuss your eligibility. This way you can also avoid enquiry on your credit file.

      Cheers,
      May

  4. Default Gravatar
    PeterSeptember 3, 2017

    I have a Qantas Gold Card, if I swap from the Gold to the Explorer, do I still qualify for the points, or must i close my gold card first?

    • finder Customer Care
      RenchSeptember 5, 2017Staff

      Hi Peter,

      Thanks for reaching out to us. Please note that we are not affiliated with American Express or any company we feature on our site and so we can only offer you general advice.

      I’m afraid you would not be eligible for the 100,000 bonus points. This offer is only available to new card members, as well as bank-issued American Express companion cardholders.

      To be seen as a new card member, you must not have held a credit card issued by Amex in the preceding 18 months. The Qantas Gold Card is issued by Amex, you would not be eligible for the bonus points.

      Hope this information helped.

      Best regards,

      Rench

  5. Default Gravatar
    RobAugust 1, 2017

    Hi, Will I have to pay the annual fee upfront?

    • Default Gravatar
      LiezlAugust 1, 2017

      Hi Rob,

      Thanks for your question. Usually, annual fees will be charged on your first bill. Just to make sure of this, I suggest you call AMEX directly.

      Cheers,
      Liezl

  6. Default Gravatar
    AlanAugust 1, 2017

    I have an ANZ Frequent Flyer Black Amex for Qantas points which is expiring at ANZ by Aug.5. If I applied for Amex Explorer card would I still be entitled for the 100,000 Bonus points? The answer to this would be the major factor in my final decision.
    Thank you.

    • finder Customer Care
      RenchAugust 1, 2017Staff

      Hi Alan,

      Thanks for your inquiry. Please note that we are not affiliated with American Express or any company we feature on our site and so we can only offer you general advice.

      Yes, you can receive 100,000 Membership Rewards Bonus Points when you apply online by 2 October 2017, are approved and spend $1,500 on your new Card within the first 3 months. This offer is available to new Card Members, as well as Bank-issued American Express companion cardholders.

      You may confirm this info directly from American Express.

      Cheers,
      Rench

  7. Default Gravatar
    SamJuly 25, 2017

    Hi, What are the international fees on this card if I wanted to use it in the U.S for a holiday?

    • Default Gravatar
      JonathanJuly 25, 2017

      Hello Sam,

      Foreign Currency Conversion Fee of 3% of transaction value and foreign ATM withdrawal fee applies, if you will be making a cash advance transaction outside.

      Please take note that the fees should be disclosed to you by the machine or the merchant where you’re using the card prior the transaction. So please confirm this to have an informed decision.

      Hope this helps.

      Cheers,
      Jonathan

  8. Default Gravatar
    ModiJuly 13, 2017

    Hi, I am an ANZ Bank black card holder with a limit of $ 50,000. I wanted to get (converted) this card to American Express Explorer Credit Card. Is it possible that I get the same credit limit?

    • Default Gravatar
      JonathanJuly 15, 2017

      Hello Modi,

      Thank you for sending your inquiry today. :)

      Some banks may allow conversion of your card to another type, provided you meet their credit guidelines and requirements. But please take note that once converted, any unused reward points or miles may not be carried over to the new card.

      We recommend that you contact your card provider for a more detailed advice.

      Hope this helps.

      Cheers,
      Jonathan

  9. Default Gravatar
    JohnJuly 6, 2017

    Some banks offer AMEX cards as additional cards along with the Visa or MasterCard.

    If someone held a credit card with that bank or financial institution, does this make the person ineligible for 100,000 bonus points offer?

    • Default Gravatar
      JonathanJuly 6, 2017

      Hi John!

      Thanks for the comment! :)

      As per AMEX page, “Receive 100,000 Membership Rewards Bonus Points when you apply online by 2 October 2017, are approved and spend $1,500 on your new Card within the first 3 months. This offer is available to new Card Members, as well as Bank-issued American Express companion cardholders

      Any existing AMEX card with other banks, even if these are just additional cards will be considered as an existing AMEX customer thus ineligible.

      Hope this helps.

      Cheers,
      Jonathan

    • Default Gravatar
      SamJuly 25, 2017

      Does this mean if I had previous American express card closed and looked to apply for this card I would be ineligible?

    • Default Gravatar
      JonathanJuly 25, 2017

      Hello Sam,

      Thank you for your inquiry today. :)

      Card Members who currently hold or who have previously held any Card product issued by American Express Australia Limited in the preceding 18 month period are ineligible for this offer.

      Hope this helps.

      Cheers,
      Jonathan

  10. Default Gravatar
    StanJune 16, 2017

    Do you earn points on government transactions, like ATO rates etc?

    • finder Customer Care
      RenchJune 16, 2017Staff

      Hi Stan,

      Thanks for your question.

      Yes, you will earn 0.5 points per $1 spent on government transactions/purchases.

      Cheers,
      Rench

Credit Cards Comparison

Rates last updated October 20th, 2018
Name Product Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Product Description
NAB Low Fee Platinum Card - Exclusive Offer
19.74% p.a.
0% p.a. for 25 months
$90 p.a.
finder Exclusive: Take advantage of 0% p.a. interest for 25 months on balance transfers with no balance transfer fee.
Qantas Premier Everyday
19.99% p.a.
4.9% p.a. for 24 months
$0 p.a. annual fee for the first year ($49 p.a. thereafter)
Take advantage of up to 40,000 bonus Qantas Points, a $0 first year annual fee plus complimentary overseas travel insurance.
Westpac Low Rate Card
13.49% p.a.
0% p.a. for 24 months with 1% balance transfer fee
$0 p.a. annual fee for the first year ($59 p.a. thereafter)
Offers a 0% for 24 month balance transfer option, first year annual fee waiver and a competitive purchase rate.
ANZ Low Rate
12.49% p.a.
0% p.a. for 15 months
$58 p.a.
Save with a 0% p.a. introductory rate on balance transfers for 15 months with no BT fee. Plus a low 12.49% p.a. interest rate on purchases.
Citi Clear Platinum Credit Card
12.99% p.a.
0% p.a. for 14 months
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Offers a 0% p.a. for 14 months balance transfer and $0 first year annual fee. Plus, insurance covers and Citibank Dining Program perks.
NAB Qantas Rewards Signature Card
19.99% p.a.
0% p.a. for 6 months with 2% balance transfer fee
$295 p.a. annual fee for the first year ($395 p.a. thereafter)
Collect 90,000 bonus Qantas Points when you spend $4,000 within 60 days of account opening. Plus, a $295 annual fee in the first year.
St.George Vertigo Platinum
12.74% p.a.
0% p.a. for 26 months with 2% balance transfer fee
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Offers a long-term balance transfer, $0 first year annual fee, complimentary travel insurance and access to a 24/7 personal concierge service.

Compare up to 4 providers

* The credit card offers compared on this page are chosen from a range of credit cards finder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

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