American Express - Platinum Business Card
The American Express Platinum Business Card has an annual fee of $1,750. This is a charge card and unlike credit cards, there isn't a pre-set spending limit. This card offers a bonus 250,000 points when $12,000 is spent on the card in the first 3 months. It has a $0 fee on additional cardholders capped at 99 additional cardholders.
It earns Membership Rewards points at a rate of 1 point per $1 spent on government-related spend and 2.25 points per $1 spent on everything else.
Up to 55 days to repay purchases.
Annual Fee
$875 for the first year reverts to $1,750 per year thereafter
Interest Free Period
up to 55 days
Rewards Rate One
2.25 point(s) per AUD$1 On eligible purchases
Rewards Rate Two
1 point(s) per AUD$1 On government-related spend
Details
Card Type
American Express
Minimum Repayment
2.50% or $30
per statement, whichever is greater
Interest Free Period
up to 55
days
Fees
Annual Fee
$875 for the first year
reverts to $1,750 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 99
additional holders
Overseas Spending
Foreign Currency Conversion Fee
3%
per transaction
Eligibility
Minimum Age
18
years old
Temporary Residents
No
Rewards
Program
Membership Rewards
Types
Gift cards, Flights, Flight upgrades, Accommodation, Car rental, Airline partner points
Bonus
250,000 bonus points
Reward Rates
Rewards Rate One
2.25 point(s) per AUD$1
On eligible purchases
Rewards Rate Two
1 point(s) per AUD$1
On government-related spend
Perks
Complimentary Travel Insurance
Yes
Airport Lounge Access
Yes
Who is the product designed for?
Visit American Express to view Target Market Determination
Visit American Express to view Target Market Determination Effective From: 2021-10-05.
