Platinum Edge Review: The Everyday Essential Card

In this quick guide we’ll talk about the Platinum Edge card and how to use it for earning travel reward points in 2018:

The AMEX Platinum Edge is a solid card for being rewarded on everyday household essentials. This entry level Platinum can sometimes be overlooked, but there is a unique edge to this card that makes it a great companion for earning more reward points, at the shops and in the car.

Key Features:

  • Earns AMEX Ascent points
  • Redeem your points with 8+ airlines, at 1:1 transfer
  • Earn 3x points per $1 at major supermarkets
  • Earn 2x points per $1 at major fuel stations
  • Earn 1x point per $1 everywhere else, (excluding utilities and gov)
  • Earn 0.5 points per $1 for ATO
  • No points earning cap
  • $195 fee, offset by a travel credit

The Edge has a number of benefits that make the $195 worthwhile for those who travel at least once a year. Let’s take a look at the three top features:

1 — Earning Ascent Points

This is what makes the Edge really stand out from the popular AMEX Explorer personal card. If you didn’t know, there are three levels of American Express Member Rewards points.

The Edge earns Ascent points, which can be converted to a handful of airlines at a 1:1 ratio. Easy to remember, and quite valuable for redeeming (It beats the big 4 banks any day of the week!).

Pale in comparison to another popular card: The Explorer card: which earns ‘Gateway’ points, which are converted at a 4:3 ratio (or 1 point = 0.75 airline points).

Where can I transfer my AMEX points?

  • Virgin Australia (Velocity)
  • Emirates (Skywards)
  • Etihad (Etihad Guest)
  • Virgin Atlantic (VA Flying Club)
  • Singapore Airlines (KrisFlyer)
  • Air New Zealand (Airpoints)
  • THAI Airways (Royal Orchid Plus)
  • Malaysia Airlines (Enrich)
  • Cathay Pacific (Asia Miles)

Example of using your points:

For 80,000 Asia Miles, you could fly with Cathay Pacific in Business Class to Hong Kong, from Brisbane/Sydney return. This trip would cost between $4,000 and $6,000 using cash.

Redeem AMEX points across 8 different airlines programs

2 — Bonus Categories

Have you ever felt like you’re spending more and more on fuel and groceries each year? As Major supermarkets expand their product line, and fuel prices continue to rise — this card has a unique edge to reward you for all that heavy spending.

I’m referring here to the two bonus point categories:

  • Earn 3x points per $1 at major supermarkets
  • Earn 2x points per $1 at major fuel stations

This is a great initiative by AMEX, making this card quite valuable for everyday household spenders. When you think about it, fuel and food are two big items in a home budget.

‘Supermarkets’ include the following: Bi-Lo, Coles (and online), IGA, Foodland, Flemings, Safeway, Woolworths (and online), Thomas Dux, BigW, Food For Less, Fishers, Fresh Provisions, Macro Wholefood, Superbarn, Franklins, Harris Farm Markets

‘Petrol Stations’ include the following: Coles Express, Ampol, Shell, 7-Eleven, BP, Safeway Petrol, Woolworths Petrol, Peak, Gull, Caltex, Caltex Woolworths, Mobil, Quix

Get 3x points on major supermarkets and 2x on fuel stations

3 — Travel Credit

Your card comes with a $200 travel credit, to offset the annual $195 fee. This credit can be used to book travel through the online American Express Travel website.

You can redeem it against a single flight, accommodation or car rental booking with a cost of $200 or more. The credit becomes available after you pay the annual fee each year.

Other Benefits

It’s good to note that this card comes with AMEX complimentary Travel & Protection Insurance for you, your partner and dependants (terms apply, see card info).

If you’re new to American Express, you can likely pick up bonus points using a friend’s referral link. It’s worth asking around to see if they have the card. Or apply yourself, and then refer others to receive bonus points as well.

Every American Express card comes with the added benefits such as Amex Offers, Amex Invites, Amex Local Champion, and more. It’s just one of the many reasons why we love their reward cards.

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