Is American Express (Amex) Platinum card Australia worth it?

28 Apr 2023

Aside from the attractive welcome offer, it is crucial to decide which of the Amex Platinum Australia benefits you will use and to what extent.

Before considering benefits like airline lounge access and automatic elite status with travel partners, you could potentially double the annual fee in value with the card's many statement credits. If you intend to use them, that is. If you do not want most of these statement credits, Amex Platinum Australia may not be the right fit.

However, if you plan to use the card for its ongoing benefits, such as lounge access, Fine Hotels + Resorts bookings, Marriott and Hilton elite status, and International Airline Program ticket savings, as well as just one or two of the credits, it is probably worth it.

If you're still on the fence, you can give it a year and see how many of its benefits you use. And when the annual fee is due again, you'll be in a better position to decide whether you want to keep it and enjoy the benefits for another year.