American Express Explorer Credit Card – Rates and Fees

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With 100,000 bonus points, a $400 Travel Credit and two complimentary airline lounge passes, the platinum features of the American Express Explorer Credit Card outweigh the cost.

The American Express Explorer Credit Card is catered to premium cardholders, frequent flyers and big spenders who want to be rewarded for using their credit card. Whether you’re looking at the 100,000 bonus Membership Rewards Points on signup, the $400 Travel Credit or complimentary insurances, there are plenty of ways to get extra value from the card to justify the $395 annual fee.

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.
Offer end date2 October 2017
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.
$50,000
Minimum Monthly Repayment2.5% or $30 whichever is greater
Minimum Income$65,000
Card TypeAmerican Express
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
Complimentary Travel InsuranceYes
Available To Temporary ResidentsYes - Conditions apply
Joint ApplicationNo
Minimum Income$65,000
Minimum Age18 years of age
Available to Temporary ResidentsYes - Conditions apply
Credit Rating Requirement
Credit rating requirement is provided only as a guide. Understanding your credit file helps you make more informed decisions in regards to your finances. Learn more about what this means here.
Good
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.
$50,000
Annual Fee$395 p.a.
Minimum Repayment2.5% or $30 whichever is greater
Late Payment Fee$30
Over Limit Fee$15
Cash Advance Fee$2.50 or 2% of the cash advance amount (whichever is greater)
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 p.a.
Number of Additional Cardholders4
BPAYYes
ChequeYes
Direct DebitYes
Australia PostYes
Phone BankingNo
Internet Banking TransfersYes
In BranchNo
MailNo

Pros

  • Earn 100,000 Membership Rewards Bonus Points when you apply online, are approved by 2 October 2017 and spend $1,500 on your card within the first 3 months of card membership.
  • Enjoy 0% p.a. for 12 months on balance transfers.
  • Receive a $400 Travel Credit every year.
  • Get up to 55 days interest-free on purchases.

Cons

  • After the introductory balance transfer period, any unpaid balances will revert to the standard interest rate on purchases.
  • 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 Points on Sign-up100,000
Rewards Points per $ (AMEX)2
Rewards Points per $ (AMEX) CapUncapped
Points ExpiryNever

American Express Explorer Credit Card review

If you apply online, are approved by 2 October 2017 and spend at least $1,500 in the first three months, you can bolster your points balance with 100,000 Membership Rewards Points on signup.

For the life of the card, you’ll also earn 2 points per dollar spent on eligible purchases. Plus, new cardholders will also receive a $400 Travel Credit to redeem for anything from flights to car rentals with American Express Travel. Other perks include two airline lounge passes each year, complimentary insurances and a 0% p.a. balance transfer offer for 12 months. With an annual fee of $395 and an ongoing interest rate of 20.74% p.a., you’ll want to make sure the value of the perks outweigh the costs.

Benefits of the American Express Explorer Credit Card

  • Bonus points. If you apply online, are approved by 2 October 2017 and spend $1,500 within the first three months of card membership, you can earn a bonus 100,000 Membership Rewards Points. This offer is available to new card members, as well as bank-issued American Express companion cardholders.
  • $400 Travel Credit. Cardholders will receive a $400 Travel Credit every year to redeem anything from flights and travel agency gift vouchers to accommodation, car hire and more through American Express Travel.
  • Membership rewards program. Cardholders will earn 2 Membership Rewards points per $1 spent on eligible purchases and 0.5 points per $1 spent on government purchases. These points can be redeemed for a variety of options under Membership Rewards or for travel perks with American Express’ eight partner airlines including Virgin Australia, Etihad Airways, Emirates and Air New Zealand.
  • Balance transfer offer. New applicants can consolidate their debts with 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.
  • Complimentary airline lounge passes. Cardholders will receive two complimentary passes to American Express Lounge at Sydney International (Kingsford Smith) Airport T1 each year.
  • Complimentary travel insurances. If you meet the eligibility requirements, you can save on insurance costs with Medical Emergency Expenses Cover, Travel Cancellation Cover, Baggage, Money and Documentation Cover and Travel Inconvenience Insurance.
  • 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 two 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 Android Pay, Apple Pay or Samsung Pay.

Features of the American Express Explorer Credit Card

  • Annual fee. The card comes with an annual fee of $395.
  • Interest rate. All purchases will collect interest at 20.74% p.a.
  • Interest-free days. If you pay your balance in full, you can enjoy up to 55 interest-free days on purchases.
  • Additional cardholder. You can request a supplementary cardholder for $0, though they must be at least 18 years of age. Please note that you’ll be liable for all spending and charges on the supplementary card.
  • Purchase protections. You can shop with peace of mind with Purchase Protection, Refund Protection, Online Fraud Protection Guarantee and Buyers Advantage that extends the manufacturer’s warranty by up to 12 months.

How to apply for the American Express Explorer Credit Card

If you’ve compared your options and decided you want to apply for the American Express Explorer Credit Card, click on the ‘Go to Site’ button to be taken to a secure online application.

Eligibility requirements

Before you apply, make sure you meet the following eligibility requirements and have the necessary documents on hand:

  • 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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79 Responses

  1. 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?

    • Staff
      JonathanJuly 15, 2017Staff

      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

  2. 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?

    • Staff
      JonathanJuly 6, 2017Staff

      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

  3. Default Gravatar
    StanJune 16, 2017

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

    • Staff
      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

  4. Default Gravatar
    DGJune 9, 2017

    Does my platinum card have access to Virgin Lounges?

    • Staff
      RenchJune 9, 2017Staff

      Hi DG,

      Thank you 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, with your American Express Platinum Card you’ll have access to Virgin Australia lounges. Enjoy complimentary Priority Pass membership that gives you and a guest access to over 1,000 VIP lounges worldwide. You also receive complimentary access to luxurious Virgin Australia lounges, Delta Sky Club Lounges, and American Express lounges for you and a guest when traveling on eligible flights and present your Amex Platinum card and travel documents. Note that requirements vary between lounges, so refer to the terms and conditions on the American Express website for specific information. You can get more info on this page.

      Cheers,
      Rench

  5. Default Gravatar
    JoyMay 18, 2017

    Hello,

    What are ‘Membership Rewards Points’ are they the same as ‘Frequent Flyer Points’?

    Thanks, Joy

    • Staff
      MayMay 18, 2017Staff

      Hi Joy,

      Thank you for your inquiry.

      No, the Membership Rewards points are not the same as the frequent flyer points. The Membership Rewards points are the “rewards points” you earn when using your American Express Explorer Credit Card on eligible purchases and these will be credited directly to your credit card account. You can redeem these points for a wide range of options under Membership Rewards or for travel perks. Furthermore, you can also transfer/convert your Membership Rewards points to selected frequent flyer points/program of AMEX’s partner airlines including Virgin Australia, Etihad Airways, Emirates and Air New Zealand.

      Frequent flyer points/miles, meantime, are the “rewards points” you earn for spending money and travelling with a particular airline and its partners. You can read more about frequent flyer program and how it works here.

      Cheers,
      May

  6. Default Gravatar
    OrvilleMay 3, 2017

    Hi there.

    I own an AMEX Gold Card for over 4 years now. Am I eligible to upgrade to this American Express Explorer Credit card and obtain the 100K bonus points?

    Thanking you in advance,
    Orville

    • Staff
      JasonMay 4, 2017Staff

      Hi Orville,

      Thank you for your enquiry.

      Please note that the bonus points offer of American Express Explorer Credit card is only available to new American Express card members who apply online by 15 May 2017, are approved and spend $1,500 on their new American Express Explorer Credit card in the first 3 months from the card approval date. Current AMEX cardholders are not eligible for this bonus points offer. This offer is also not applicable or valid in conjunction with any other advertised or promotional offer.

      You are not eligible for the bonus points since you are a current AMEX cardholder.

      Alternatively, please check out this link for other non-AMEX credit cards that offer bonus rewards points.

      I hope this helps.

      Kind regards,
      Jason

  7. Default Gravatar
    tony54May 2, 2017

    Hi there,
    I have held an american express gold charge card for 16 years does this exclude me from the explorer credit card 100k bonus points currently being offered.

    regards,

    Tony

    • Staff
      AnndyMay 3, 2017Staff

      Hi Tony,

      Thanks for your question.

      The 00,000 bonus points offer by the American Express Explorer Credit Card is only available to new American Express Card Members who apply online by 15 May 2017, are approved and spend $1,500 on their new Card in the first 3 months from the Card approval date. 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.

      Cheers,
      Anndy

  8. Default Gravatar
    TCApril 27, 2017

    Hi there,

    I closed my David Jones AMEX card a few month ago. Can you please confirm if I will be eligible for the AMEX Explorer Card 100k bonus points currently offered.

    Looking forward to your response.

    Thanks

    • Staff
      JasonApril 28, 2017Staff

      Hi TC,

      Thank you for your enquiry.

      Cardholders who currently hold or who have previously held any credit card product issued by American Express Australia Limited in the preceding 18 month period are ineligible for the American Express Explorer Credit Card bonus points offer.

      You may not be eligible for the bonus points if you have closed your David Jones AMEX card within the preceding 18 month.

      Alternatively, please check out this link for a comparison of other credit cards that offers bonus points.

      Please check out the eligibility criteria, features and details of the card, as well as the relevant PDS/ T&Cs of the card before making a decision and consider whether the product or credit card is right for you.

      I hope this helps.

      Kind regards,
      Jason

  9. Default Gravatar
    April 23, 2017

    I currently have a no fee AMEX card. Will I be able to get this AMEX travel card and the 100,000 points?

    • Staff
      JasonApril 24, 2017Staff

      Hi Pamplona,

      Thank you for your enquiry.

      According to the terms and conditions of this AMEX card, the offered bonus points is only available to new American Express card members who apply online by 15 May 2017, are approved and spend $1,500 on their new American Express credit card in the first 3 months from the credit card approval date. Members who currently hold or who have previously held any credit card product issued by American Express Australia Limited in the preceding 18 month period are ineligible for this bonus points offer. Previous and existing bank-issued American Express companion cardholders are eligible for this offer (credit cards issued by: ANZ Banking Group Limited, Commonwealth Bank of Australia, NAB, Westpac Banking Corporation).

      You may not be eligible for this offered bonus points if you are a current cardholder of an AMEX issued credit card.

      Kind regards,
      Jason

  10. Default Gravatar
    JayneApril 16, 2017

    Please confirm are these 100,000 frequent flyer points which can be used with Qantas or 100,000 reward points which are not convertible to FF points. Thank you

    • Staff
      AnndyApril 16, 2017Staff

      Hi Jayne,

      Thanks for your question.

      The 100,000 points are Membership Rewards Gateway points that you can convert to various frequent flyer programs including Qantas. You can refer to this page for more information on where you can transfer your American Express Membership Rewards Gateway points to.

      Cheers,
      Anndy

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