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AMEX Cash Back Platium Card

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AMEX offers cash back as well as BP citibank card:

  1. In the first 3 month, 5% cash back up to $300
  2. Thereafter, 1% cash back on purchases
  3. $99 annual fee

Not a bad deal

Referral Links

Business Explorer Card: random (1)

Referrer: 40,000 Reward Points

Centurion Personal Charge Card: random (8)

Referee gets 200,000 MR points. Referrer gets 150,000 MR points.

Related Stores

American Express
American Express

closed Comments

  • I gave up my amex card nearly 10 years ago - in contrary of what they promised, I got whacked with 3% - 7% extra surcharge just because it's amex, and worst, even here and mostly overseas, only less than half stores accepted amex card.

    you get 1% back for their 3-7% surcharge ..

    do the math ;p

    • Good point

    • You may find that Amex cards are going to be more widely accepted very soon.

      I own a shop and we usually charge a surcharge for people using Amex cards but recently an Amex sales person came in and offered us a rate that was almost the same as the Visa/Mastercard rate, so that we won't charge our customers the surcharge.

      I think if they're doing that for everyone, then soon you'll be able to use the card at most places.

  • ditto elcheapo…retailers either flat out won't except the amex, or charger a fee.

    Why bother.

  • the only reason i applied one is becoz they gave me a coffee machine. thereafter, use myer visa, which is much better deal. always receive their $20-$40 gift card

    • Agree.

      American Express is GOOD because they give you freebies when you sign up (got a few signing up via CPA). However the card itself is useless because of the reasons stated above so normally we just cancel the card after we received the freebie :)

  • That's probably becuase elcheapo retailers get slugged a 7% commission instead of the usual 1/2% charged by visa/mastercard.

    • Before i sold my retail business we got hit with a 3.3 % transaction surcharge for AMEX which we passed onto customers…Have never heard of 7% before…Our mastercard/Visa was 1.1%. we looked at this way, 98% of customers who have AMEX also have a vc/mc so we encouraged our customers to pay the latter.

  • Last month, I used my Amex card for the following purchases, all without any surcharge: petrol, parking, groceries, car insurance, stuff from chemist, clothes, restaurant food, DVD rental, health insurance, life insurance, footy tickets, ADSL, books, and a donation. Sure, there are some places that either don't accept it or hit you with a surcharge, but Amex cards are far from useless.

  • Amex are not a good deal, regardless of whatever promo theyre running.

    I worked for them once and they have a horrible Telstra-esque mentality.

  • Hmm…need to spend 10k per annum to get the annual fees back.

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