American Express - The American Express Platinum Edge Credit Card
The American Express Platinum Edge Credit Card has a purchase rate of 23.99% p.a.. It has an earn rate of 3 points per dollar spent at major supermarkets and petrol stations. Additionally, it earns 2 points per dollar spent on purchases in a foreign currency when overseas and online and 1 point per dollar spent anywhere else.
A $195 p.a. annual fee and a rate on purchases of 23.99% p.a..
Annual Fee
$0 for the first year reverts to $195 per year thereafter
Purchase Rate
23.99% p.a.
Interest Free Period
up to 55 days
Rewards Rate One
3 point(s) per AUD$1 On spent at major supermarkets and petrol stations
Details
Card Type
American Express
Minimum Repayment
2.50% or $30
per statement, whichever is greater
Interest Free Period
up to 55
days
Minimum Credit Limit
$3,000
Fees
Annual Fee
$0 for the first year
reverts to $195 per year thereafter
Late Payment Fee
$30
per statement
Cash Advance Fee
2% or $2.50
per transaction, whichever is greater
Additional Card Holder Fee
$0
Additional Card Holder Cap
up to 4
additional holders
Rates
Purchase Rate
23.99% p.a.
Overseas Spending
Foreign Currency Conversion Fee
3.50%
per transaction
Eligibility
Minimum Age
18
years old
Temporary Residents
Yes
Rewards
Program
Membership Rewards
Types
Airline partner points, Domestic or International flights, Hotels, Gift cards
Reward Rates
Rewards Rate One
3 point(s) per AUD$1
On spent at major supermarkets and petrol stations
Rewards Rate Two
2 point(s) per AUD$1
On purchases in a foreign currency when overseas and online
Perks
Complimentary Travel Insurance
Yes
Airport Lounge Access
No
Who is the product designed for?
The target market for this credit card are consumers who:
- want to make purchases on credit with the ability to earn Membership Rewards points and access travel and insurance benefits
- earn a sufficient income to enable them to pay their outgoings and living expenses, in addition to their card repayments each month without experiencing financial hardship
- are willing and able to pay an interest rate of 23.99% p.a and an annual fee of $195.
Visit American Express to view Target Market Determination Effective From: 2025-11-01.
