Receive 300,000 bonus Membership Rewards points when you apply by 27 July 2022, are approved and spend $12,000 on your card within the first 3 months. New American Express Card Members only.
Reduced annual fee of $875 on the first year (Reverts to $1,750 p.a.thereafter).
Earn up to 2.25 pts per $1 spent.
Get exclusive Platinum travel, experience, and dining privileges.
Pros and cons
The 300,000 bonus Membership Rewards points and the half annual fee in the first year 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 1,200 lounges globally, including The Centurion® Lounge.
Gold status match at Marriott Bonvoy, Hilton Honors, and Radisson Hotel Group.
24/7 access to the Platinum Concierge from anywhere in the world.
The annual fee reverts to $1,750 p.a. after the initial year.
Since this is a charge card, the balance must be cleared every statement.
No balance transfer facility.
Additional cardholders. You can add 99 additional cardholders to your account for employees. The account holder will be responsible for keeping the account in good standing.
Dedicated account manager. For queries regarding your account, rewards, statements, questionable transactions, etc.
Digital wallets. You can use this card with Apple Pay, Google Pay, and Samsung Pay.
Gambling transactions. This card cannot be used for gambling transactions.
Rewards and benefits
Complimentary travel insurance. This card comes with complimentary international travel insurance. The cover is offered for cardholders' personal and business-related trips. The definition of personal trips covers business trips taken on a short-term basis and will be subject to medical and terrorist exclusions. To activate the insurance, the cardholder must have used the card to pay for the travel expenses. Cover includes travel emergency medical insurance, rental vehicle loss damage waiver cover up to $125,000, personal third-party liability cover up to $3,000,000, and travel cancellation cover up to $30,000.
Concierge services. Cardholders get access to an American Express 24/7 Global Concierge that can help with bookings, gift ideas, travel recommendations, and more. They can help with more obscure things too such as translating documents and arranging for watch repairs.
Hotel status. Get gold status with Marriott Bonvoy, Hilton Honors, and Radisson Hotel Group. Benefits of being gold vary between hotels, but typically you can expect early check-in / late check-out, complimentary breakfast, and room upgrades (if possible).
Lounge access. Cardholders have access to more than 1,200 lounges globally, including access to The Centurion® Lounge, International American Express Lounges, Priority Pass Lounges, and Virgin Australia domestic lounges when flying Virgin Australia.
Rewards points. Use the American Express Platinum Business Card to earn 2.25 Membership Rewards points per $1 spent on eligible transactions. Cash advances do not earn rewards points. ATO and other government spend also earns points, but at the reduced rate of 1 point per $1 spent.
Sign up bonus. Receive 300,000 bonus Membership Rewards points when you apply by 27 July 2022, are approved and spend $12,000 on your card within the first 3 months. New American Express Card Members only.
Rates and fees
Annual fee. Reduced annual fee of $875 on the first year (Reverts to $1,750 p.a.thereafter).
Balance transfers. There is no balance transfer offer on this card at this time.
Foreign exchange fee. All purchases made in a foreign currency will encounter a 3% foreign transaction fee.
Interest-free period. Extent your cash flow by up to 55 days interest-free.
Purchases. This is a charge card with no preset limit, meaning there is no interest in purchases. The balance must be cleared every statement and cannot be carried over.
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