Last year, American Express unveiled a new design for its Platinum Charge Card and Platinum Business Charge Cards, offered to Australians for the very first time in metal!
Previously, Australians could only wield the steel via the Centurion Card aka the ‘Black Card’ (which is invitation only) but listened to the call of their customers after introducing a steel option to existing American Express cardholders.
The American Express Platinum charge card returns in 2020 with a welcome bonus of up to 150,000 Membership Rewards Points for new members when you apply by February 11th 2020, are approved and meet the minimum spend criteria - that's 50,000 points for each month you spend $1,500 in the first 3 months.
It's also worth noting that this particular card, which earns Ascent Premium points, allows holders to transfer points to ten excellent frequent flyer programs, including Qantas Frequent Flyer, KrisFlyer, Asia Miles, Etihad Guest and more on a 2:1 basis.
The American Express Platinum card arrives with a host of incredible perks and a $1450 annual fee for personal cardholders. While this fee might put hairs on the back of your neck, the Amex Platinum metal card is the king of earn. You’ll earn 2.25 points per $1 spent on all purchases, and 1 point per $1 spent with government bodies - a no brainer at tax time.
Sprinkle on travel insurance and unlimited access for primary and additional cardholders to The American Express Global Lounge Collection, which includes the Amex Lounges at Sydney and Melbourne as well as the Centurion Lounges at hubs HKG, SFO and the soon-to-open LAX, you’ve already got a tasty offering.
Of course, there’s a host of additional perks to help you justify the yearly spend on the Amex Platinum metal card including:
- No pre-set spending limit
- $450 travel credit annually
- Access to American Express Fine Hotels & Resorts perks & discounts with a total average value worth $700
- Complimentary access to over 1,200 lounges around the world – including American Express lounges worldwide, Virgin Australia domestic, Priority Pass, and Plaza Premium lounges.
- Complimentary status & memberships with a number of hotel loyalty programs including Accor Plus Membership (valued at $395 per year)
- Complimentary Australian Financial Review Premium digital subscription (valued at $628)
American Express claims the benefits of the Card including the Travel Credit, Accor Plus Membership and AFR subscription cover the $1450 fee, however, we’d happily do without the AFR subscription for a reduction.
At the end of the day, this card is about maximising and utilising points and the opportunity to earn up to 150,000 Membership Rewards points when you apply, are approved, and meet the minimum spend criteria.
Here is a list of great uses for Amex Membership Rewards points to get the creative juices following:
- East Coast Australia to Perth in Business Class Return on the new Qantas A330 for 72,000 points.
- Sydney to Fiji in Business Class Return on Fiji Airways for 72,000 Qantas points
- East Coast Australia to Hong Kong in Premium Economy Return with Qantas for 90,000 points.
- East Coast Australia to LA in Business Class on Virgin ‘The Business’ for 94,000 Velocity Points.
- East Coast to Singapore in Singapore airline’s New A380 Business for 58,000 or First Class for 80,000 Kris Flyer miles.
*To be eligible for this card you must:
- Earn a regular income of more than $100,000 per year
- Be over 18 years old
- Have no history of bad credit
- Have not applied for multiple credit cards recently
- Be an Australian resident
For more information on the American Express Platinum Metal card, and to receive up to 150,000 Membership Rewards Bonus Points head to American Express.
If you don’t quite fit the $100,000 salary requirement for the Amex Platinum Card check out the following cards with great sign-on bonuses.
American Express Qantas Ultimate Card – 55k Sign On Bonus (T&Cs apply)
American Express Explorer Card – 50k Sign-On Bonus (T&Cs apply)
American Express Velocity Platinum Card – 50k Sign On Bonus (T&Cs apply)
Check out our sneak peek of the new American Express lounge at Sydney Airport below.
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