American Express Platinum Edge Credit Card

This Amex rewards card offers a $200 yearly travel credit and a $0 annual fee in the first year, which goes to $195 after that.

The Amex Platinum Edge earns between 1 and 3 Membership Rewards points per $1 spent on eligible purchases, with rewards including gift cards, travel and shopping with points at David Jones, PayPal or Ticketmaster. If you’re new to Amex, you can save on this card’s $0 annual fee in the first year when you apply and get approved by 31 May 2022.

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20.74% p.a.

Purchase rate


Reward point

Per $ spent

$0 p.a.

Annual fee

for the first year ($195 p.a. thereafter)

55 days

Interest free period

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Product NameAmerican Express Platinum Edge Credit Card
Rewards programMembership Rewards
Purchase rate p.a.20.74%
Annual fee$0 for the first year ($195 thereafter)
Interest-free periodUp to 55 days on purchases
Min credit limit$3,000
Max credit limit$50,000
Card typeAmerican Express
Foreign currency conversion fee3%
Minimum income$50,000
Available to temporary residentsYes - Conditions apply
Joint applicationNo


  • $0 annual fee for the first year
  • Up to 3 points per $1 spent, uncapped
  • $200 Travel Credit each year
  • Complimentary insurances on overseas travel and purchases


  • Charges a foreign transaction fee of 3%
  • The standard purchase rate of 20.74% p.a. is relatively high
Rewards programMembership Rewards
Bonus pointsN/A
Rewards points per $ spent1
Rewards points capUncapped
Annual fee$0 for the first year ($195 thereafter)
Minimum monthly repayment2.5% of the closing balance or $30, whichever is greater
Late payment fee$30
Foreign currency conversion fee3%
Additional cardholder fee$0
Number of additional cardholders4

Review by

Amy has been writing about personal finance for more than 13 years – including over 600 articles as a senior writer for Finder. She is also the editorial lead for Finder Green, covering sustainability across different industries. Her work has appeared in publications including Money Magazine, The Sydney Morning Herald, Financy, ABC News Australia and Equity Magazine. Amy also has a Bachelor of Arts in Journalism and Drama from Griffith University.

Expert review

The American Express Platinum Edge credit card is one of the few cards that offers a yearly travel credit. In this case, you’ll get $200 each year that you can put toward a flight or accommodation booking made through American Express Travel. That’s enough to offset the $195 annual fee, which is currently waived for the first year you have this card.

How to apply

You can apply for the American Express Platinum Edge Credit card online in 10 minutes and should receive a response within 60 seconds. Before you start the application, make sure you've met the eligibility requirements and organised the necessary documents.

Eligibility criteria

  • New cardholder. To be eligible for the $0 first-year annual fee offer, you cannot hold or have held an American Express credit card in the last 18 months.
  • Income. You must have a personal gross income of $50,000 or more per year.

Card benefits

  • $0 first-year annual fee. Apply and get approved by 31 May 2022 and you’ll save on the annual fee in the first year. After that a $195 annual fee applies and will be charged after you’ve had the card for 12 months.
  • $200 Travel Credit. The American Express Platinum Edge offers a $200 Travel Credit every year. You can redeem it against any single eligible travel booking of $200 or more through American Express Travel, including flights, accommodation and car hire. The travel credit can be used for 365 days from the date of issue. But it cannot be carried forward and can only be used once you've paid the annual fee and minimum payment by the due date.

Rates & fees

  • Annual fee. Outside of any promotions, the American Express Platinum Edge Credit Card has an annual fee of $195.
  • Interest rate. This card has an ongoing purchase rate of 20.74% p.a.

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  1. Default Gravatar
    March 19, 2018

    Can I use my American Express Platinum Edge Credit Card to access the Amex Lounges at Sydney an Melbourne Airports?

    • Avatarfinder Customer Care
      March 19, 2018

      Hi Barbra,

      Thank you for getting in touch with Finder.

      The American Express Lounge is open to select American Express cardholders, including some bank-issued Amex cards. On this page, it only indicates that your card has the complimentary travel insurance but not the airport lounge pass. You may want to check on some information about the American Express Lounge in Sydney.

      I hope this helps.

      Have a great day!


  2. Default Gravatar
    March 16, 2018

    What is the expiry date of this offer?

    • Avatarfinder Customer Care
      March 16, 2018

      Hi Azra,

      Thanks for your question.

      The American Express Platinum Edge Credit Card offer has no stated end date but is subject to change any time.


  3. Default Gravatar
    March 14, 2018

    I came to this page from the Exclusive Offers page that says ‘50,000 Rewards points Plus a $200 travel credit each year’, however, I can’t find any indication of the 50,000 Rewards points on this page. I don’t see it in the Amex website as well after clicking through ‘Go to American Express’ website’. Is the offer still valid?


    • Avatarfinder Customer Care
      March 14, 2018

      Hi Krishnan,
      Thanks for getting in touch with finder. I can understand that you have been reading about this exclusive offer and you want to find out more on the “50,000 Reward points and $200 travel credit each year” from American Express. Upon checking, YES this offer is still valid and new American Express Platinum Edge Credit Card cardholders are entitled to $200 Travel Credit every year, complimentary travel insurance and uncapped Membership Rewards points for the spending. You may also refer to this link for your further enquiry.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!


  4. Default Gravatar
    November 8, 2016

    What is the minimum spend for complimentary Virgin Australia domestic return flight – Platinum Edge Credit Card

    • Avatarfinder Customer Care
      November 8, 2016

      Hi Norm,

      Thank you for your inquiry.

      To be eligible for the travel insurance, you must book the full fare for a return trip on your American Express credit card or by using reward points earned through the card like AMEX Membership Rewards or Qantas Frequent Flyer points.

      On some other cards like the AMEX Platinum charge card, you can also claim insurance if you have booked a trip using other rewards points, as long as you pay for taxes and other additional fees using your AMEX card.

      Please feel free to read our review about AMEX complimentary travel insurance to further check the other eligibility requirements of this product.

      Hope this helps.


  5. Default Gravatar
    August 28, 2016

    does the travel insurance on this card offer much in the way of pre-existing medical condition cover please ?

    • Avatarfinder Customer Care
      August 29, 2016

      Hi Allan,

      Thank you for your inquiry. Just to confirm though that you’ve come through to we are an Australian financial comparison website and general information service, not actually AMEX nor ACE Insurance.

      Under the AMEX Platinum Edge Card complimentary travel insurance T&Cs, the international travel insurance cover includes “Medical Emergency Expenses Cover” for repatriation/evacuation, cost of overseas treatment, emergency dental treatment and reasonable extra accommodation costs in the event of a Medical Emergency. However, this excludes “Pre-Existing Medical Conditions.”

      I’ve sent you an email with the link to the AMEX Platinum Edge Card complimentary travel insurance T&Cs for your reference.

      Hope this helps.


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