American Express Explorer Credit Card

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With 50,000 bonus points, a $400 Travel Credit and two complimentary airline lounge passes, the Explorer is packed with perks.

Get 50,000 bonus Membership Rewards points when you apply online and spend $3,000 on eligible purchases within the first three months of card approval.

50,000

Bonus points

20.74% p.a.

Purchase rate

2

Reward points

Per $ spent (American Express)

$395 p.a.

Annual fee


Details

Product NameAmerican Express Explorer Credit Card
Rewards ProgramMembership Rewards
Balance Transfer Rate0% p.a. for 12 months with 1% balance transfer fee
Balance Transfer Revert RatePurchase Rate (20.74% p.a.)
Balance Transfer Limit70% of available balance
Maximum Balance Transfer Amount$10,000
Purchase Rate20.74% p.a.
Annual Fee$395
Interest Free Period55 days
Minimum Credit Limit$3,000
Card TypeAmerican Express
Foreign Currency Conversion Fee (American Express)3% of transaction value
Complimentary Travel InsuranceYes
Minimum Income$65,000
Minimum Age18 years of age
Available to Temporary ResidentsYes - Conditions apply
Joint ApplicationNo

Pros

  • Earn 50,000 Membership Rewards Bonus Points when you spend $3,000 on your card within the first 3 months from card approval.
  • Receive a $400 Travel Credit every year.
  • Travel in style with 2 complimentary airport lounge passes per year.

Cons

  • The standard purchase rate of 20.74% p.a. is relatively high.
  • The annual fee of $395 is high if you cannot make full use of the travel benefits.
Rewards ProgramMembership Rewards
Bonus Points50,000 bonus points
Rewards Points per $ spent (American Express)2
Rewards Points per $ Cap (American Express)Uncapped
Annual Fee$395
Minimum Monthly Repayment2.5% of the closing balance or $30, whichever is greater
Late Payment Fee$30
Foreign Currency Conversion Fee (American Express)3% of transaction value
Additional Cardholder Fee$0
Number of Additional Cardholders4

Expert review

Sally McMullen

Review by


Sally McMullen is Finder's credit cards and frequent flyer editor by day and a music maven by night. Her byline can be spotted on Yahoo Finance, Dynamic Business, Financy and Mamamia as well as Music Feeds and Rolling Stone.

Expert review

The American Express Explorer is one of the few of its kind that offers a travel credit. Plus, you can use the $400 travel credit to help justify the $395 annual fee.

You can get extra value with annual complimentary airport lounge passes and travel insurance cover, although these are common features with many frequent flyer cards.

How to apply

You can apply for the American Express Explorer credit card online in 10 minutes and receive a response within 60 seconds. Check if you meet the eligibility criteria and that you have the necessary information to complete the application before you get started:

Eligibility criteria

  • Minimum income. You must have a personal gross (pre-tax) annual income of $65,000 or more.
  • Credit history. You must have a good credit score, with no history of bad debt or payment default.

Card benefits

  • $400 Travel Credit. Each year you have the card, you'll get a $400 Travel Credit you can use on a single booking made through 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.
  • Bonus points. When 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. This offer is available to new card members, as well as bank-issued American Express companion cardholders. Your bonus points will be awarded to your account within 8 to 10 weeks of meeting the spend criteria. To give you an idea, you could exchange your 50,000 Membership Rewards points for 25,000 Velocity Points.

Rates & fees

  • Annual fee. The American Express Explorer's annual fee of $395 p.a. is completely offset by the $400 Travel Credit when you redeem it.
  • Interest rate. Purchases attract an interest rate of 20.74% p.a.

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101 Comments

  1. Default Gravatar
    anne
    February 20, 2019

    How does the balance transfer int rate work when you have other transactions on it. If we wanted to pay the current transaction off and leave the balance transfer to only pay what it works out to be each month to have it paid within the twelve months. Is this possible

    • AvatarStaff
      Nikki
      February 21, 2019

      Hi Anne,

      Thanks for getting in touch! Balance Transfer interest rate (20.74% p.a.) will only be applied to the balance transfer amount and not on purchases made to the account. The purchase rate (20.74% p.a.) will be applied to purchases made on the card if not paid on time. Ideally, you are required to pay the full amount required of your balance transfer for 12 months and at least the minimum monthly payment for purchases/transactions made on the card. Ultimately, check the terms and conditions of the card to obtain more information.

      Hope this helps!

      Best,
      Nikki

  2. Default Gravatar
    ron
    November 9, 2018

    what is the best way to acquire 50,000 points whit out buying them .

    • AvatarStaff
      Nikki
      November 9, 2018

      Hi Ron,

      Thanks for reaching out! As it says on our page to earn 50,000 bonus points, you need to apply online and spend $3,000 on eligible purchases within the first three months and the best way to acquire those bonus points. Hope this clarifies.

      Best,
      Nikki

  3. Default Gravatar
    Bruce
    October 28, 2018

    Can you please tell me how the $400 travel credit is redeemed each year and does it accrue if it is not used?

    • AvatarStaff
      Jeni
      October 28, 2018

      Hi Bruce,

      Thank you for getting in touch with finder.

      As per this card’s T&C, to redeem this card’s $400 travel credit, the card member must have paid the annual fee and have paid the minimum payment on the card member’s first and most recent American Express Explorer credit card statement by the due date. The minimum amount is calculated as set out in the Financial Table – you may verify the amount by contacting Amex directly. The Travel Credit can be used for 365 days from the card member’s anniversary date and cannot be carried forward to any subsequent year.

      I hope this helps.

      Please feel free to reach out to us if you have any other enquiries.

      Thank you and have a wonderful day!

      Cheers,
      Jeni

  4. Default Gravatar
    Daniel
    September 27, 2018

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

    • AvatarStaff
      John
      September 27, 2018

      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

  5. Default Gravatar
    Adam
    April 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?

    • AvatarStaff
      Nikki
      April 5, 2018

      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

  6. Default Gravatar
    Norma
    December 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

    • AvatarStaff
      May
      December 12, 2017

      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

  7. Default Gravatar
    Peter
    September 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?

    • AvatarStaff
      Rench
      September 5, 2017

      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

  8. Default Gravatar
    Rob
    August 1, 2017

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

    • Default Gravatar
      Liezl
      August 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

  9. Default Gravatar
    Alan
    August 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.

    • AvatarStaff
      Rench
      August 1, 2017

      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

  10. Default Gravatar
    Sam
    July 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
      Jonathan
      July 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

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