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points over 12 months Calculate your savings icon

Earn rate per $1

2 points
16.77% Complete (success)
Amex Membership Rewards

Bonus points

80,000 points
80,000% Complete (success)

Annual fee

$1,250
p.a.
1,250% Complete (success)

Pros

Earn 80,000 Membership Rewards Bonus Points when you apply, are approved and spend $1500 on your Card within your first 3 months of Card Membership. This introductory offer is available to new American Express Card Members only

Earn 2 Membership Rewards points per dollar spent on your Card

Transfer points to any of our seven other leading airline partner programmes or turn your Membership Rewards points into credit on your American Express Card

There's no limit and no expiry date on points as long as your account remains current and in good standing

Receive a $200 Platinum Travel Credit each year, which can be redeemed online for airfares, car hire or hotel bookings

Platinum Privileges entitles you to a great range of benefits on international airlines, top cruise lines, accommodation, hire car companies and over 650 fine hotels and resorts

Platinum's by invitation only programme gives you access to exceptional experiences that are not open to the general public

Complimentary Accor Plus program membership. Membership entitles you to a complimentary night’s stay each year, with over 900 Accor properties in Australia and Asia-Pacific

Cons

High standard annual fee of $1,250

You need to pay off monthly as is a charge card, not a credit card

American Express Platinum Charge Card

Key features

  • Earn 80,000 Membership Rewards Bonus Points when you apply, are approved and spend $1500 on your Card within your first 3 months of Card Membership. This introductory offer is available to new American Express Card Members only
  • Earn 2 Membership Rewards points per dollar spent on purchases
  • Receive Platinum Privilege benefits when booking your accommodation
  • Complimentary Accor Plus program membership. Membership entitles you to a complimentary night’s stay each year, with over 900 Accor properties in Australia and Asia-Pacific
  • Receive a $200 Platinum Travel Credit each year, which can be redeemed online for airfares, car hire or hotel bookings
  • Transfer your points to a choice of 7 airline rewards and 3 hotel programmes
  • Complimentary access for you and a guest to 900 VIP Lounges with Priority Pass plus access to the Airline Privileges Program
  • Complimentary Domestic and International Travel Insurance Cover
  • Charge Card with no pre-set spending limit and no interest charges. All you need to do is pay off your balance in full each month.
100% of customers who have rated this card would recommend it
  • Rates
    44%
  • Fees
    43%
  • Rewards
    84%
  • Customer Service
    100%
  • Value
    0%
Overall user rating 73%
1 reviews
Interest Rates
Purchase rate % p.a.
Cash advance rate N/A
Interest free on purchases up to 55 days
Balance Transfer
Credit limits
Minimum credit limit $N/A
Maximum credit limit N/A
Fees & repayments
Annual fee $1,250 p.a.
Additional cardholder fee Up to 1 at no extra cost
Cash advance fee N/A
Minimum repayment $10 or 3%
Credit card type American Express
Rewards program
Rewards program Amex Membership Rewards Amex Membership Rewards
Bonus points 80,000 Amex points
Annual points cap uncapped
Bonus points spend criteria Spend $1,500 in the first three months
Earning points with this card
Amex points 2 points per $1 spent
Overseas earn rate same as standard earn rate
Points cap per month N/A
Complimentary insurance
Overseas travel insurance yes - up to months
Flight inconvenience insurance No
Transport accident cover Yes
Smartphone screen insurance Yes
Purchase protection insurance Yes
Extended warranty insurance No
Rental vehicle excess cover Yes
Extras
Receive a $200 Platinum Travel Credit each year
Accor Plus program membership

Our review of the American Express Platinum Card

If you’re looking for a card with serious features, the American Express Platinum Card could well be the card for you. Acting as a charge card with no pre-set spending limit and no interest charges, this beautiful piece of plastic offers more perks than we could possibly mention in an intro. But, it does come with a significant price tag. Is it worth it? Let’s find out.

What we love...

In this section, we usually cover the card’s introductory offers and standout features. However, as this card has quite a few standout features, we’ll discuss them later and focus now on the intro offer and the card’s rewards programme.

As this is a big feature card, you’d expect a big feature intro offer. Happily, the American Express Platinum Card doesn’t disappoint. You will be credited with 80,000 Membership Rewards bonus points when you apply, are approved and spend $1,500 on your card in the first three months.

What does that 80,000 points get you? Well, if you happen to be renovating your house, those points could be redeemed for a $500 Bunnings gift card, or if you fancy getting away from it all, you could trade your points in for a $500 Flight Centre gift card, or $600 to spend online at webjet.co.nz.

Alternatively, you could opt to transfer your points to a choice of seven airline rewards or three hotel programmes. For example:

  • An Air New Zealand point transfer would offer 175 Membership Rewards points for 1 Airpoints Dollar,
  • A Cathay Pacific point transfer would offer 2 Membership Rewards points for 1 Asia Mile,
  • An Emirates point transfer would offer 2 Membership Rewards points for 1 Skywards Mile.

As for points-earning potential, this card allows cardholders to earn 2 Membership Rewards points for every dollar spent on the card. Points can be accrued faster with a supplementary card for family members at no additional cost, and there is no point limit or point expiry as long as the account remains current and in good standing.

What’s not so great...

When it comes to prestige cards like the American Express Platinum Card, there are certain factors you come to expect, such as a high annual fee. With a top dollar rewards programme and an almost endless selection of exceptional features, this card simply has to have a price tag to cover all it has to offer.

The annual fee for this card is $1250, plus it has a minimum annual income requirement of $100,000. Not for the faint of heart, or the tight of wallet. However, if you are looking for a card that provides all this card has to offer, then you no doubt expect to pay for it. As long as you get more back from the card than you are paying in, then surely you’re on to a winner.

Why should you choose this card?

As promised, we’ll now get into all those amazing features we’ve thus far been tantalising you with!

Charge Card Useability

The American Express Platinum Card is not a credit card, so it does not offer a credit limit and it does not allow you to have an ongoing balance. Instead, this card acts as a charge card, with no pre-set spending limit and no interest charges. All you need to do is pay off your balance in full each month and you can enjoy all the pleasures this card has to offer.

Travel Benefits

If you enjoy travelling, this card will be your best friend. Here are some of the travel benefits it has to offer.

  • Receive $200 Platinum Travel Credit each year: This can be redeemed online or over the phone through your Platinum Travel Service, for airfares, car hire or hotel bookings.
  • VIP Lounge Access with Priority Pass: You will receive complimentary access for you and one nominated supplementary cardholder to 900 VIP Lounges worldwide. You and your supplementary cardholder can each bring a guest into Priority Pass lounges at no extra cost.
  • Accor Plus programme membership: Your complimentary Accor Plus programme membership entitles you to a complimentary night’s stay each year, with the choice of more than 900 Accor properties in Australia and Asia-Pacific.
  • Hotel programme complimentary enrollment: As a cardholder, you will benefit from complimentary enrollment in an elite tier of hotel partner programmes, including Club Carlson, Marriot Bonvoy™ Gold Elite Status, Shangri-La Golden Circle Jade Membership and Hilton Honors Gold status.
  • FINE HOTEL & RESORTS programme membership: This provides complimentary benefits offering an average total value of more than $750, at over 975 hand-selected 5-star properties worldwide. These benefits range from daily breakfast for two people and room upgrades, to noon check-in, guaranteed 4pm late check-out and a special amenity at each property.
  • Platinum's by invitation only programme membership: As a member, you will have access to exceptional experiences that are not open to the general public.

Complimentary Insurance Cover

American Express Platinum Card holders can also enjoy additional levels of protection when travelling and making purchases on their card, with a range of complimentary insurances on offer. These include Smartphone Screen Insurance, covering up to $500 for front screen repairs, as long as the phone was paid for using the card, either outright or on a plan.

In terms of travel insurance, the card provides complimentary domestic and international travel insurance cover for you, your spouse and dependent children under the age of 22, when you book using your card or Membership Rewards points.

Cover includes Rental Vehicle Excess Cover, Travel Accident Insurance, Medical Emergency Expenses Cover including Repatriation, Baggage, Money and Documents Cover, Travel Cancellation Cover, Personal Liability Cover, and Global Assist Service.

Customer Service

Priding itself on its customer service and support, American Express endeavours to go above and beyond for its cardholders. With the American Express Platinum Card, that means offering Platinum Travel Service and Platinum Concierge, Buyer's Advantage Cover, Purchase Protection and Online Fraud Protection Guarantee.

Overall Rating

A big ticket rewards card packed with big ticket features, including outstanding travel benefits, complimentary insurance cover and 80,000 Membership Rewards bonus points.

(showing the latest 10 Q&As)

  • Be over 18 years old
  • Good credit and not applied for multiple credit cards recently
  • Permanent Resident or New Zealand Citizen
  • Minimum income of $100,000 p.a.
  • You have your personal details ready to complete the online application
American Express Platinum Charge Card
American Express Platinum Charge Card

American Express Credit Cards

American Express Platinum Charge Card

Updated 28 June 2019

Points Earn Rate (per $1 spent)

2

points

Amex

Rewards Program

Amex Membership Rewards

Bonus Points

80,000 pts

Spend $1,500 in the first three months

0 points over 12 months spend

My monthly card spend

Pros and cons

  • Earn 80,000 Membership Rewards Bonus Points when you apply, are approved and spend $1500 on your Card within your first 3 months of Card Membership. This introductory offer is available to new American Express Card Members only
  • Earn 2 Membership Rewards points per dollar spent on your Card
  • Transfer points to any of our seven other leading airline partner programmes or turn your Membership Rewards points into credit on your American Express Card
  • There's no limit and no expiry date on points as long as your account remains current and in good standing
  • Receive a $200 Platinum Travel Credit each year, which can be redeemed online for airfares, car hire or hotel bookings
  • Platinum Privileges entitles you to a great range of benefits on international airlines, top cruise lines, accommodation, hire car companies and over 650 fine hotels and resorts
  • Platinum's by invitation only programme gives you access to exceptional experiences that are not open to the general public
  • Complimentary Accor Plus program membership. Membership entitles you to a complimentary night’s stay each year, with over 900 Accor properties in Australia and Asia-Pacific

  • High standard annual fee of $1,250
  • You need to pay off monthly as is a charge card, not a credit card

Creditcard.co.nz review

Editor Review

Our review of the American Express Platinum Card

If you’re looking for a card with serious features, the American Express Platinum Card could well be the card for you. Acting as a charge card with no pre-set spending limit and no interest charges, this beautiful piece of plastic offers more perks than we could possibly mention in an intro. But, it does come with a significant price tag. Is it worth it? Let’s find out.

What we love...

In this section, we usually cover the card’s introductory offers and standout features. However, as this card has quite a few standout features, we’ll discuss them later and focus now on the intro offer and the card’s rewards programme.

As this is a big feature card, you’d expect a big feature intro offer. Happily, the American Express Platinum Card doesn’t disappoint. You will be credited with 80,000 Membership Rewards bonus points when you apply, are approved and spend $1,500 on your card in the first three months.

What does that 80,000 points get you? Well, if you happen to be renovating your house, those points could be redeemed for a $500 Bunnings gift card, or if you fancy getting away from it all, you could trade your points in for a $500 Flight Centre gift card, or $600 to spend online at webjet.co.nz.

Alternatively, you could opt to transfer your points to a choice of seven airline rewards or three hotel programmes. For example:

  • An Air New Zealand point transfer would offer 175 Membership Rewards points for 1 Airpoints Dollar,
  • A Cathay Pacific point transfer would offer 2 Membership Rewards points for 1 Asia Mile,
  • An Emirates point transfer would offer 2 Membership Rewards points for 1 Skywards Mile.

As for points-earning potential, this card allows cardholders to earn 2 Membership Rewards points for every dollar spent on the card. Points can be accrued faster with a supplementary card for family members at no additional cost, and there is no point limit or point expiry as long as the account remains current and in good standing.

What’s not so great...

When it comes to prestige cards like the American Express Platinum Card, there are certain factors you come to expect, such as a high annual fee. With a top dollar rewards programme and an almost endless selection of exceptional features, this card simply has to have a price tag to cover all it has to offer.

The annual fee for this card is $1250, plus it has a minimum annual income requirement of $100,000. Not for the faint of heart, or the tight of wallet. However, if you are looking for a card that provides all this card has to offer, then you no doubt expect to pay for it. As long as you get more back from the card than you are paying in, then surely you’re on to a winner.

Why should you choose this card?

As promised, we’ll now get into all those amazing features we’ve thus far been tantalising you with!

Charge Card Useability

The American Express Platinum Card is not a credit card, so it does not offer a credit limit and it does not allow you to have an ongoing balance. Instead, this card acts as a charge card, with no pre-set spending limit and no interest charges. All you need to do is pay off your balance in full each month and you can enjoy all the pleasures this card has to offer.

Travel Benefits

If you enjoy travelling, this card will be your best friend. Here are some of the travel benefits it has to offer.

  • Receive $200 Platinum Travel Credit each year: This can be redeemed online or over the phone through your Platinum Travel Service, for airfares, car hire or hotel bookings.
  • VIP Lounge Access with Priority Pass: You will receive complimentary access for you and one nominated supplementary cardholder to 900 VIP Lounges worldwide. You and your supplementary cardholder can each bring a guest into Priority Pass lounges at no extra cost.
  • Accor Plus programme membership: Your complimentary Accor Plus programme membership entitles you to a complimentary night’s stay each year, with the choice of more than 900 Accor properties in Australia and Asia-Pacific.
  • Hotel programme complimentary enrollment: As a cardholder, you will benefit from complimentary enrollment in an elite tier of hotel partner programmes, including Club Carlson, Marriot Bonvoy™ Gold Elite Status, Shangri-La Golden Circle Jade Membership and Hilton Honors Gold status.
  • FINE HOTEL & RESORTS programme membership: This provides complimentary benefits offering an average total value of more than $750, at over 975 hand-selected 5-star properties worldwide. These benefits range from daily breakfast for two people and room upgrades, to noon check-in, guaranteed 4pm late check-out and a special amenity at each property.
  • Platinum's by invitation only programme membership: As a member, you will have access to exceptional experiences that are not open to the general public.

Complimentary Insurance Cover

American Express Platinum Card holders can also enjoy additional levels of protection when travelling and making purchases on their card, with a range of complimentary insurances on offer. These include Smartphone Screen Insurance, covering up to $500 for front screen repairs, as long as the phone was paid for using the card, either outright or on a plan.

In terms of travel insurance, the card provides complimentary domestic and international travel insurance cover for you, your spouse and dependent children under the age of 22, when you book using your card or Membership Rewards points.

Cover includes Rental Vehicle Excess Cover, Travel Accident Insurance, Medical Emergency Expenses Cover including Repatriation, Baggage, Money and Documents Cover, Travel Cancellation Cover, Personal Liability Cover, and Global Assist Service.

Customer Service

Priding itself on its customer service and support, American Express endeavours to go above and beyond for its cardholders. With the American Express Platinum Card, that means offering Platinum Travel Service and Platinum Concierge, Buyer's Advantage Cover, Purchase Protection and Online Fraud Protection Guarantee.

Overall Rating

A big ticket rewards card packed with big ticket features, including outstanding travel benefits, complimentary insurance cover and 80,000 Membership Rewards bonus points.

User reviews

American Express Platinum Charge Card ( based on 1 Creditcard.co.nz user review )

73% rating based on 1 review

Rates
Fees
Rewards
Customer Service
Value

Rates and fees

Interest rates

Purchase rate % p.a.

Cash advance rate N/A

Interest free on purchases up to 55 days

Credit limits

Minimum credit limt $N/A

Maximum credit limit N/A

Fees & repayments

Annual fee $1,250 p.a.

Additional card holder fee Up to 1 at no extra cost

Foreign transaction fee N/A

Minimum repayment $10 or 3%

Cash advance fee N/A

Late payment fee $25

Rewards and points

Rewards program

Rewards Program Amex Membership Rewards Amex Membership Rewards

Bonus points 80,000 Amex points

Annual points cap uncapped

Bonus points spend criteria Spend $1,500 in the first three months

Earning points with this card

Amex pointsAmex points 2 points per $1 spent

Points cap per month N/A

Overseas earn rateOverseas earn rate same as standard earn rate

Additional features

Complimentary insurance

Overseas travel insurance yes

Flight inconvenience insurance No

Transport accident cover Yes

Smartphone screen insurance Yes

Purchase protection insurance Yes

Extended warranty insurance No

Rental vehicle excess cover Yes

Extras

Receive a $200 Platinum Travel Credit each year

Accor Plus program membership

Overview

American Express Platinum Charge Card

Key features

  • Earn 80,000 Membership Rewards Bonus Points when you apply, are approved and spend $1500 on your Card within your first 3 months of Card Membership. This introductory offer is available to new American Express Card Members only
  • Earn 2 Membership Rewards points per dollar spent on purchases
  • Receive Platinum Privilege benefits when booking your accommodation
  • Complimentary Accor Plus program membership. Membership entitles you to a complimentary night’s stay each year, with over 900 Accor properties in Australia and Asia-Pacific
  • Receive a $200 Platinum Travel Credit each year, which can be redeemed online for airfares, car hire or hotel bookings
  • Transfer your points to a choice of 7 airline rewards and 3 hotel programmes
  • Complimentary access for you and a guest to 900 VIP Lounges with Priority Pass plus access to the Airline Privileges Program
  • Complimentary Domestic and International Travel Insurance Cover
  • Charge Card with no pre-set spending limit and no interest charges. All you need to do is pay off your balance in full each month.

Minimum criteria to apply for this card

  • Be over 18 years old

  • Good Credit and have not applied for multiple credit cards recently

  • Permanent Resident or New Zealand Citizen

  • Minimum income of $100,000 p.a.

  • You have your personal details ready to complete the online application

Roland B Bleyer

Roland B Bleyer founded Creditcard.co.nz in 2005 and has extensive knowledge about credit cards. He personally answers all questions and write the editor reviews for each card here. Always keen to share his passion to educate consumers and help you select better suited credit cards.

Recently Asked Questions

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