American Express

American Express is a global service company, providing customers with exceptional access to products, insights and experiences that enrich lives and build business success.

American Express credit cards

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American Express Business Explorer Credit Card

On website

Highlights

  • Receive 50,000 bonus Membership Rewards points when you apply by 10 January 2022, are approved and spend $3,000 on your card within the first 3 months. New American Express Card Members only.
  • $0 first-year annual card fee ($149 p.a. thereafter).
  • Enjoy a low-interest rate of 3.99% p.a. on new purchases for the first 6 months of Card Membership (reverts to 21.99% p.a. thereafter).

Pros

  • Receive 50,000 bonus Membership Rewards points when you meet the criteria.
  • The $0 first-year annual card fee.
  • The introductory rate of 3.99% p.a. on new purchases for the first 6 months.
  • Earn up to 2 points per $1 spent.
  • Up to 55 interest-free days.

Cons

  • There is no balance transfer offer for this card.
  • Cash advances are blocked, which might be inconvenient for some.
American Express Explorer Credit Card

On website

Apply by 14 December 2022

American Express Explorer Credit Card

Highlights

  • Receive 50,000 Bonus Membership Rewards Points when you apply by 14 December 2022, are approved, and spend $3,000 on your new Card within the first 3 months. T&Cs apply. New Amex Card Members only.
  • Enjoy 0% interest on purchases for 12 months. Reverts to 21.99% p.a. thereafter.
  • Receive a $400 Travel Credit each year towards any flights, hotels, and car hire when you book online with this card.

Pros

  • The 50,000 bonus Membership Rewards Points and 0% interest for 12 months on purchases when approved and reach spend requirement within the first 3 months.
  • Receive a $400 travel credit every year.
  • Earn 2 Membership Rewards points per $1 spent on purchases except for government bodies in Australia where you will earn 1 point per $1 spent (uncapped).
  • Get 2 complimentary airport lounge passes per year.

Cons

  • The $395 p.a. annual fee.
American Express Platinum Edge Credit Card

On website

Apply by 14 December 2022

American Express Platinum Edge Credit Card

Highlights

  • $0 annual fee in the first year, saving you $195.
  • Enjoy 0% interest on purchases for 12 months. Reverts to 21.99% p.a. thereafter.
  • Earn 3 Membership Rewards points per $1 spent at major supermarkets and petrol stations.
  • Enjoy $200 to spend on travel each year that can be used on eligible flights, hotels, or car hire when booked through American Express Travel.

Pros

  • $0 annual fee in the first year, saving you $195.
  • The 0% interest rate on purchases in the first 12 months.
  • Receive $200 to spend on eligible domestic and international flights, hotels, or car hire with American Express Travel.
  • Smartphone Screen Cover for smartphone screen repairs up to $500.

Cons

  • Purchases revert to 21.99% after the introductory period.
The Qantas American Express Premium Card

On website

Highlights

  • Receive 30,000 bonus Qantas Points when you apply online, are approved and spend $3,000 in 3 months. New Amex Card Members only.
  • Relax with 2 complimentary Qantas Club invitations every year (conditions apply).
  • Complimentary domestic and international travel insurance.

Pros

  • 30,000 bonus Qantas points for signing up and hitting the spending target.
  • Earn points on your everyday spend. Also earns points at a reduced rate on government spend.
  • Give up to 4 of your friends and family a card — at no extra cost — to earn more points.
  • $450 Qantas Travel Credit, which is fairly easy to trigger with your first Qantas purchase each year.
  • Comes with complimentary card purchase cover and travel insurance.

Cons

  • There is an annual fee of $249.
  • The purchase rate is quite high, but can be avoided with responsible use.
  • No balance transfer facility.
American Express Qantas Ultimate Credit Card

On website

Highlights

  • Receive 55,000 bonus Qantas Points when you apply online, are approved, and spend $3,000 on your new Card within the first 3 months. T&Cs apply. New Card Members only.
  • Earn 1.25 Qantas Points for every $1 spent on card purchases, except spend at government bodies in Australia where you will earn 0.5 Qantas Points per $1 spent.
  • Get 2 complimentary Qantas Club lounge invitations each year.

Pros

  • Earn 55,000 bonus Qantas Points when you meet the criteria.
  • Excellent earn rates on everyday spend. Earns points on payments to the ATO.
  • Access to the American Express Lounge Sydney and Melbourne airport after your first card spend on the card for Qantas products and services each anniversary year.
  • 2 complimentary Qantas Club lounge invitations each year.
  • $450 Qantas Travel Credit each year (conditions apply).
  • Add cards for up to four family and friends at no cost.

Cons

  • The annual fee of $450.
  • There is no concierge service, even though it's a high end card.
  • Balance transfers are not possible.
  • Transactions in a foreign currency attract a fee.
American Express Velocity Escape Card

On website

Apply by 14 December 2022

American Express Velocity Escape Card

Highlights

  • Earn Velocity Points and enjoy $0 annual card fee.
  • Enjoy 0% interest on purchases for 12 months. Reverts to 21.99% p.a. thereafter.
  • Velocity Points earned on your card are transferred directly to your Velocity account each month and can be redeemed for a range of rewards including flights, accommodation, car hire, gift cards and much more.
  • Earn 0.75 Velocity Points per $1 spent, except government bodies in Australia where you will earn 0.5 Velocity Points per $1 spent.

Pros

  • No annual fee, but still earn points.
  • The 0% interest rate on purchases in the first 12 months.
  • Earn 1.75 Velocity Points per $1 spent on purchases with Virgin Australia.
  • Get 0.5 points per $1 when paying tax to the ATO using the card.
  • 55 days interest-free on purchases when the previous balance has been cleared in full.

Cons

  • Purchases revert to 21.99% after the introductory period.
  • Doesn't come with complimentary travel insurance.
  • No complimentary lounge access.
  • No access to the concierge service.
  • There is no balance transfer offer for this card.
American Express Velocity Platinum Credit Card

On website

Highlights

  • Receive 75,000 bonus Velocity Points when you apply online, are approved, and spend $3,000 on your new Card within the first 3 months. Available to new Amex Card Members only.
  • Complimentary Virgin Australia return Economy domestic flight between selected cities each year after your first Card spend each anniversary year.
  • Enjoy 2 complimentary Virgin Australia lounge passes each anniversary year at selected domestic airports.

Pros

  • Receive 75,000 bonus Velocity Points when you meet the criteria.
  • Complimentary Virgin Australia return Economy domestic flight between selected cities each year after your first Card spend each anniversary year.
  • Enjoy 2 complimentary Virgin Australia lounge passes each anniversary year at selected domestic airports.
  • Receive 100 Velocity Frequent Flyer Status Credits, when you spend a minimum of $50,000 within your card membership year.
  • Complimentary domestic and international travel insurance.
  • Add up to 4 additional cardholders for free.

Cons

  • The interest rates applied to balances carried over is on the high end.
  • There is no balance transfer offer on this card.
American Express Business Card

On website

Offer extendedApply by 10 January 2023

American Express Business Card

Highlights

  • Receive a $100 Statement Credit when you apply by 10 January 2023, are approved, and spend $1,000 on your new Card within the first 3 months. T&Cs apply. New Amex Card Members only.
  • No pre-set spending limit means more flexibility.
  • Extend your cash flow up to 110 days.

Pros

  • Receive a $100 Statement Credit when you meet the criteria.
  • The annual fee has been reduced to $95 p.a. and comes with 1 complimentary employee card ($79 for each additional card).
  • Complimentary insurance cover business trips.
  • No preset spending limit.

Cons

  • There is no rewards program on this card.
American Express Gold Business Card

On website

Highlights

  • Earn up to 1.5 Membership Rewards points for every $1 spent.
  • No pre-set spending limit means more flexibility.
  • Travel Insurance that includes up to $2.5 million in medical emergency expenses cover.

Pros

  • Earn up to 1.5 Membership Rewards points for every $1 spent.
  • No cap on how many points you can earn.
  • No pre-set spending limit means more flexibility.
  • Spend with Dell Technologies to receive up to $75 credit twice a year.
  • Membership Rewards points can be transferred to a number of airlines, giving you options when booking travel.

Cons

  • The $119 fee for every additional card added.
  • Doesn't offer airport lounge access.
  • No access to concierge services.
American Express Platinum Business Card

On website

Highlights

  • Exclusive Offer: Receive 200,000 bonus Membership Rewards points when you apply by 10 January 2023, are approved, and spend $8,000 on your card within the first 3 months. New American Express Card Members only.
  • Earn up to 2.25 pts per $1 spent.
  • Get exclusive Platinum travel, experience, and dining privileges.

Pros

  • The exclusive offer of 200,000 bonus Membership Rewards points when you meet the criteria.
  • Earn up to 2.25 pts per $1 spent and 1 point per $1 spent at the ATO.
  • Access to more than 1,400 lounges globally, including The Centurion® Lounge.
  • Gold status match at Marriott Bonvoy, Hilton Honors, and Premium status at Radisson Hotel Group.
  • 24/7 access to the Platinum Concierge from anywhere in the world.

Cons

  • The annual fee of $1,750 p.a.
  • Since this is a charge card, the balance must be cleared every statement.
  • No balance transfer facility.
American Express Platinum Card

On website

Highlights

  • Receive 150,000 Bonus Membership Rewards Points when you apply online, are approved, and spend $5,000 on your new Card within the first 3 months. T&Cs apply. New Amex Card Members only.
  • Receive a $450 Platinum Travel Credit each year, which can be redeemed for flights, hotels, or car hire.
  • Enjoy up to $400 per calendar year when you dine from a curated collection of over 1,400 hand-selected restaurants both locally and abroad. Terms and Conditions apply.

Pros

  • Receive 150,000 Bonus Membership Rewards Points when you meet the criteria.
  • Receive a $450 Platinum Travel Credit each year.
  • Enjoy up to $400 Global Dining Credit per calendar year.
  • Access over 1,400 airport lounges across 140 countries.

Cons

  • The annual fee of $1,450.
American Express Qantas Business Rewards Card

On website

Highlights

  • Receive 100,000 bonus Qantas Points when you apply by 10 January 2023, are approved, and spend $3,000 in the first 2 months. Qantas Frequent Flyer number must be provided at the time of application to qualify for the Flight Voucher. Available to new American Express Card Members only.
  • Earn triple Qantas Points for your business when employees fly on eligible Qantas flights and pay using their American Express Qantas Business Rewards Card.
  • Two complimentary passes for the Qantas Club lounge every year.

Pros

  • Earn up to 100,000 bonus Qantas Points when you meet the criteria.
  • Earn triple Qantas Points for your business when employees fly on eligible Qantas flights and pay using their American Express Qantas Business Rewards Card.
  • Earn 2 Qantas Points per $1 spent on Qantas products and services, 1.25 Qantas Points per $1 spent on everyday purchases and 0.5 Qantas Points per $1 spent on government charges
  • Earn up to 1.25 Qantas Points on eligible spend (the up to message covers gov spend). Earn 2 Qantas Points per $1 spent on Qantas products and services
  • Two complimentary passes for the Qantas Club lounge every year.
  • Flexible Payment Option available to spread cost over time for a portion of your balance.
  • Spend with Dell Technologies, and get up to $100 credit twice a year.
  • Complimentary 12-month subscription to The Australian Premium.

Cons

  • The $450 p.a. annual fee.
  • Balance must be repaid in full each month.
  • No concierge service.
  • Lounge passes are valid for Qantas Club and not the international business lounges.
Qantas American Express Discovery Credit Card

On website

New offerApply by 29 November 2022

Qantas American Express Discovery Credit Card

Highlights

  • Enjoy 0% interest on purchases for 12 months. Reverts to 21.99% p.a. thereafter.
  • Earn 0.75 Qantas Point for every $1 spent on Card purchases, except spend at government bodies in Australia where you will earn 0.5 Qantas Points per $1 spent.
  • Pay no annual card fee.
  • Up to 4 Additional Cards for family members or friends with no extra fee.

Pros

  • 0% interest on purchases for 12 months.
  • Ongoing $0 annual fee, a rarity among rewards credit cards.
  • Earn 0.75 Qantas points per $1 spent and 0.5 Qantas points per $1 for government spend.
  • No cap on the number of points you can earn.
  • Add up to 4 additional cards for family members or friends with no extra fee.
  • Complimentary Card Purchase Cover and Card Refund Cover.

Cons

  • There is a 3% foreign transaction fee.
  • Lacks complimentary travel insurance.
  • There is no access to a concierge service.
The American Express Essential Credit Card

On website

Highlights

  • Get $100 back when you apply, are approved and spend $1,500 on your card in your first 3 months of Card Membership. T&Cs apply. New Amex Card Members only.
  • 0% p.a. annual fee.
  • Earn 1.25 Membership Rewards Gateway points for every $1 spent on everyday purchases, utilities, insurance and telecommunications.

Pros

  • Get $100 back when you meet the criteria.
  • $0 p.a. annual fee with the ability to earn points on your everyday spend.
  • Membership Rewards points can be transferred to several airlines for greater choice when redeeming for flights.
  • Comes with up to $500 of Smartphone Screen Cover.
  • Low 16.99% p.a. on purchases and up to 55 days interest-free when you clear the previous balance.

Cons

  • Doesn't come with travel insurance.
  • No access to concierge services.
  • There is no introductory balance transfer offer.
American Express Velocity Business Card

On website

Offer extendedApply by 2 November 2022

American Express Velocity Business Card

Highlights

  • Receive 75,000 Bonus Velocity Points when you apply by 10 January 2023, are approved, and meet the minimum spend criteria of $3,000 within 2 months. New American Express Card Members only.
  • Earn 2 points per $1 spent on Virgin Australia services and up to 1 point per $1 spent on other purchases.
  • Enjoy 2 complimentary single-entry passes to the Virgin Australia Lounge at selected domestic airports every year.
American Express Cashback Credit Card

On website

Highlights

  • When you apply online, are approved and pay $0 monthly fee for the first year (saving you $120). New Card Members Only
  • For every $ 1 spent, enjoy 1% cashback on all purchases excluding government bodies in Australia.
  • Enjoy Binge Basic subscription, valued at $10 per month.

Pros

  • $0 monthly fee for the first 12 months.
  • Complimentary Smartphone Screen Cover.
  • Free monthly BINGE subscription valued at $10/month.

Cons

  • Purchase rate is at 21.99% p.a.
The Low Rate Credit Card from American Express

On website

Highlights

  • Enjoy a low 8.99% p.a. interest rate on purchases.
  • $0 annual fee for as long as you have the card.
  • Up to 55 days interest free.

Pros

  • Low 8.99% p.a. interest rate on purchases and $0 annual fee.
  • Comes with Card Purchase Cover and Card Refund Cover.
  • Up to 55 days interest free.

Cons

  • There are no rewards program for this card.

American Express money transfer

AMEX FX International Payments

AMEX FX International Payments

Highlights

  • Simple Online Enrollment.
  • 24-hour access to FX payment specialists, Monday to Friday.
  • Transfer to 110+ countries and 80+ currencies.
  • Receive Membership Rewards points, if enrolled (Terms and Conditions apply).

Pros

  • Supports a wide range of currencies and countries.
  • Offers different transfer options.
  • Earn rewards.

Cons

  • Other service providers may offer higher exchange rates.

Q&As

What financial services do American Express offer in Australia?

You'll know American Express from their iconic Centurion embellished cards. The American financial behemoth operate a number of credit cards and charge cards for personal customers, small businesses, and larger corporate clients which earn points and benefits in the Membership Rewards program.

In addition, the company also operates Amex Travel for hotel and flight bookings. And there's also Amex branded travel insurance and a American Express FX payments to send money overseas.