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Boosted: 300 Airpoints Dollar bonus for new Card Members of the American Express Airpoints Platinum

American Express Airports Platinum - 300 Bonus Airpoints Dollars

American Express have 300 bonus Airpoints Dollars on offer for new Card Members of the Airpoints Platinum. The card comes with some American Express and Priority Pass lounge benefits, and is the fastest way to earn Airpoints Dollars on purchases in NZ on a personal credit card.

  • 300 bonus Air New Zealand Airpoints Dollars for new Card Members who apply by 1 April 2019, are approved and spend $1,500 within the first 3 months
  • Earn 1 Air New Zealand Airpoints Dollar for every $59 spent
  • 2 x Lounge passes to American Express Sydney or Melbourne International Lounge and 2 x Priority Pass lounge passes
  • Earn 1 Air New Zealand status point for every $250 spent
  • $195 p.a. annual fee
  • Bonus requires minimum spend of $1,500 within first 3 months
  • Available to New Card Members only. Card Members who currently hold or have previously held any other Card product offered by American Express International (NZ), Inc in the preceding 18 month period are ineligible for this offer.
  • Offer ends: 1 April 2019

Find out more or apply →

Point Hacks receive a maximum of $150 per applicant for this card. More about this →

American Express are offering an increased signup bonus of 300 Airpoints Dollars for new Card Members of the American Express Airpoints Platinum Card until 1 April 2019.

The Airpoints Platinum Card earns 1 Airpoints Dollar for every $59 spent. You’ll also receive two Priority Pass lounge visits, and two visits to the American Express lounge in Sydney or Melbourne too.

The 300 Airpoints Dollars bonus for new Card Members has a $1500 minimum spend requirement in the first 3 months.

Digging into the details of the American Express Airpoints Platinum credit card

Card Details

CardAmerican Express Airpoints Platinum
Loyalty programAir New Zealand Airpoints
Points earned from spend1 Air New Zealand Airpoints Dollar for every $59 spent
Travel benefitsAccess to the American Express Lounge in Sydney International Airport twice yearly, and two Priority Pass network lounge visits yearly
Included insurancesMedical emergency expense cover, travel cancellation cover, baggage/money/documentation cover, transport accident cover and inconvenience insurance (if your flight is delayed) when you pay for travel with the card, smartphone screen insurance
Annual fee$195

The American Express Airpoints Platinum card has the following key benefits:

  1. The fastest way to earn Air New Zealand Airpoints Dollars in New Zealand for personal credit cards at 1 APD earned per $59 spent
  2. Complimentary access twice per year to the American Express Lounge at the Sydney or Melbourne International Airport
  3. Two Priority Pass network lounge visits per year, including to the Strata Club Lounge at Auckland International. Once you have the card, complete this form.
  4. Koru Club (Air New Zealand lounges) joining fee waiver, saving you $255, and a Koru Club annual discount of $145 for as long as you hold the card
  5. Air New Zealand status points earned too – 1 status point for every $250 spent

The card is simpler and less expensive than the old Air New Zealand Platinum American Express card that it replaced, with an annual fee of $195. Existing holders of the Air New Zealand Platinum will see no changes in the short term – they still hold the same card without being automatically moved over to the new product and the associated changes. There are no immediate plans to move existing Card Members over either.

Earning Airpoints Dollars from spend

The American Express Airpoints Platinum will earn you 1 Airpoints Dollar for every $59 spent on the card, so an effective earn rate of 0.0169 Airpoints Dollars per dollar spent. This is one of the highest earn rate for spend within New Zealand available – Westpac’s World MasterCard beats it for international spend, but that’s about it.

Air NZ’s Airpoints program is not complex – 1 Airpoints Dollar = $1 of flight credit with Air New Zealand when it comes to redemption time and making use of the points earned with the card.

By comparison, the American Express Platinum Edge (which also comes with a free domestic flight) earns half the Airpoints Dollars per dollar spent (outside supermarkets and fuel) when transferred to Airpoints, but with a lower fee of $149.

You could use Airpoints Dollars to fly one way to Australia in Business Class – Read the review of Business Premier between Auckland and Sydney →

Or fly to / from Australia in Premium Economy Class – Read the review of Air New Zealand Premium Economy →

Earning Airpoints Status from spend

Alongside the Airpoints Dollars earned, you also earn Airpoints Status Points with your spend, with an earn rate of 1 status point for every $250 spent.

The earn rates for Status Points on spend are not high enough to make significant progress toward status with Air New Zealand, with Gold membership requiring 900 Status Points and half of those have to be earned from Air New Zealand or Star Alliance partner flights.

To max out the eligible 450 Tier Points toward elite status with status points earned from your card you’d need to spend $112,500 on the card.

Koru Club fee reductions

Air New Zealand’s Koru lounge membership program offers Air New Zealand lounge access for a member and a guest when travelling on an Air New Zealand flight, regardless of class of travel.

You’ll also get access to Virgin Australia lounges when travelling with Virgin Australia in Australia (until October 2018) along with priority check-in for Air New Zealand flights.

The standard joining fee of $255 is waived for American Express Airpoints Platinum Card Members, while the annual membership fee is reduced by $145 to $484 annually, which helps cover the cost of the annual card fee if you were going to be buying membership anyway.

Insurances and other benefits

Supplementary Card Members with the card are free, while the card also includes domestic and international travel insurance for you and your family, including coverage for medical expenses, cancellation and baggage/money/documents, plus smartphone screen insurance. You’ll need to check the terms of the insurance to make sure this will cover your own needs.

The smartphone screen insurance is unique in the market as a credit card insurance offering, and it will cover you for screen repairs up to NZ$500, with a 10% excess on the claim. If the smartphone is paid on a monthly contract, cover will start 30 days from the date of the first monthly payment on your card.

The full terms and conditions of the card can be found here (PDF).

Summing up – American Express Airpoints Platinum

The Airpoints Platinum card is a faster Airpoints earning, less-complex card than the old Air New Zealand Platinum card. There are still benefits to holding the card each year outside of earning Airpoints Dollars, but these are less valuable now than the previous free flight.

That said, the annual fee of $195 hits a much more appealing price point to hold and makes the card well worth considering. Particularly for those who are committed Air New Zealand frequent flyer looking to increase their potential for free flights by earning Airpoints Dollars and improving their status earn.

Boosted: 300 Airpoints Dollar bonus for new Card Members of the American Express Airpoints Platinum was last modified: February 14th, 2019 by Keith

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Comments Expand Comments

    • Keith Author

      Hey Iain – knowing Amex and Priority Pass with other cards, I would expect you have to call to have a PP membership fulfilled. Give them a call and report back (that will be fastest) but I will also ask Amex on your behalf as well.

  1. kwkiwi

    Does anyone know if the NZ Amex platinum card entitles you to SPG Gold status straightaway? On the Pointshack.com.au site it says the australian amex platinum members get this.

  2. RB

    How is the $195 card fee charged? Is it charged in half-yearly or quarterly portions, or the whole amount at the beginning, or at the end of 12 month anniversary?

    • Keith Author

      American Express usually charge the full annual fee in your first month’s statement, and then again for the following year on your 12 month anniversary of being approved for the card. You could cancel before that second annual fee if you weren’t getting full use from the card benefits to justify keeping it.

    • Hi Rob, it really comes down to personal preference and what your goals are in terms of point redemption. I’m personally a fan the Platinum Edge as it offers the ability to transfer to many different frequent flyer partners, and you get a free return domestic flight each year. You’re also effectively earning the same number of Airpoints Dollars with the Platinum Edge on spend at supermarkets, too, and you can extend that earn reach through the use of gift cards. The Amex Airpoints Platinum offers extras like Koru Club joining fee waiver, discounted annual membership, status point accrual, and some lounge access passes. If you’re an Air New Zealand loyalist, then this card will probably work out better for you in the long run.

  3. Andrew D

    I had this card and just cancelled it (after 3 months). I also have a Kiwibank Airpoints Platinum which I’m keeping. Why didn’t I like the AMEX? I don’t like transactions being declined because it’s not obvious that a retailer doesn’t accept AMEX, and I was given a miserly low limit by AMEX (which wasn’t increased when asked). So basically – didnt like it for customer experience reasons. The Airpoint dollar earn rate is good, but i prefer Status Points (need my CC status points to keep Gold status). If you were going AMEX, my impression is that the Platinum Edge is probably a better card. It’s got similar earn rates, but more flexibility where you spend your points and the 2x free domestic flights is quite compelling!

    • Rando

      Hi Andrew.
      Did you reach the $1500 spend threshold and were you able to keep the 400 airpoints even after you cancelled the card?
      I was thinking the $195 annual fee might be worth it, with the intent to cancel after 3 months.

  4. Antoine

    Hi,
    Sorry to ask but I am a bit unclear about the complimentary Priority Passes. Are they two “single use” passes (seem to be that case on the Amex website), or two yearly subscriptions (Seems to be what the Priority Pass form refers to)? (Eg” myself and my wife)

    One being obviously way more interesting than the other.

  5. kwkiwi

    Hi

    I got a flyer in the mail from Amex NZ about various offers to spend the points in December 2018 and get 40% more value on purchases.
    Does anyone know if any of these offers include transfer bonuses to the airline miles programs?
    Do airline program transfer bonus offers ever occur with amex nz Membership rewards program?
    I’m not really wanting to use my membership rewards points to buy more stuff for the house. I’ve got them for use with the airline mileage programs. Hard to accumulate enough membership rewards to use for award redemptions as Marriott does not seem to be having a points sale like SPG normally did at this time of year. For this reason I’m reviewing whether I keep my amex platinum card for much longer.
    TIA

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