American Express New Zealand are offering 20,000 bonus Membership Rewards points for new Platinum Edge Card Members.
The American Express Platinum Edge is an invaluable card for the avid New Zealand points collector and earns points into the American Express Membership Rewards programme.
The card offers triple points at major supermarkets and double points at major petrol stations – so there are plenty of opportunities to fast track your points earn through your everyday spend.
20,000 Membership Rewards points are transferrable to 10,000 Velocity Points, 10,000 KrisFlyer Miles, 10,000 Qantas Points, or just over $114 Airpoints Dollars.
There’s a minimum spend criteria of $750 within the first 3 months to trigger the bonus points.
Also included as a regular feature of the card is a free annual return Air New Zealand domestic seat and bag flight, along with complimentary domestic and international travel insurance for travel paid with the card – both of which can easily cover the $149 annual fee.
Digging into the details of the American Express Platinum Edge card
|Card||American Express Platinum Edge|
|Loyalty Program||American Express Membership Rewards|
|Points earned from spend||3 Membership Rewards points per $1 at supermarkets
2 Membership Rewards points per $1 at petrol
1 Membership Rewards point on all other purchases
|Travel benefits||Annual complimentary Air New Zealand Domestic return flight, access to Amex Offers|
|Minimum income||$50,000 p.a.|
|Included Insurances||Travel Insurance cover
Personal Liability cover
Travel cancellation cover (PDF)
|Annual fee||$149 p.a.|
The points earn on the American Express Platinum Edge is one of the best in a limited NZ market, particularly when utilised with supermarket and fuel spend.
The Platinum Edge credit card accrues points in the American Express Membership Rewards programme through everyday spend. Being a flexible points earning programme, the ability to transfer Membership Rewards points to a number of travel partners such as Air New Zealand, Qantas and Virgin Australia provides a truly flexible points earn and burn combination which makes it one of the most valuable and flexible points for a variety of travel redemptions from New Zealand.
One of the best features of the Platinum Edge is the ability to collect triple Membership Rewards Points, just by doing your shopping at your local supermarket. The official wording is “Major Supermarkets”, however from American Express’ definitions in terms & conditions here and the table below, you’ll see that means effectively all of them.
|'Major Supermarkets' qualifying for triple bonus points with American Express|
|Countdown (in-store and online)|
|PAK n SAVE|
Not to be outdone, with fuel for the family car being possibly the second biggest weekly expense, you can also earn double Membership Rewards Points when purchasing fuel from a “Major Petrol Station”. Also available at effectively all, as seen below.
|'Major Petrol Stations' qualifying for double bonus points with American Express|
|GAS (Gasoline Alley Services)|
The standard Platinum Edge card earn of one point per dollar spent will apply for all other general purchases. While this is fine in itself, you can also capitalise on the triple point supermarket earn for purchases at a number of other retailers.
How so? I’m sure everyone has seen the gift card stands in your local supermarket – well, as part of your shopping spend, purchasing these gift cards also delivers you triple membership rewards points.
Now it may not be worth the effort heading over to the supermarket to purchase a $20 gift card for making a purchase at your local bookstore. However making a $500 or $1000 purchase for electronic goods or renovation materials can net you an extra 1,000 to 2,000 points just by picking up gift cards for the purchase while you do your weekly grocery shop.
|Some useful big purchase Gift Cards available in local Supermarkets|
|Mitre 10 Mega|
|Restaurant Association NZ|
There are a number of ways to utilise Membership Rewards points, some worthwhile – some maybe not so much. Possibly the most worthwhile depending on your own requirements would be the ability to transfer those points to one of the 7 Airline and 2 Hotel transfer partner programmes.
Transfer rates to partners from American Express Membership Rewards New Zealand is now on par with the Australian Membership Rewards Programme – in fact, we do slightly better here with transfers to the Marriott Bonvoy programme.
Card Benefits – Free Flight
Possibly the most useful, and most valuable perk of the Platinum Edge credit card would be the free annual domestic return flight with Air New Zealand. The flight is in seat and bag class and can be utilised for any direct flight within New Zealand’s domestic network.
The free flight benefit renews annually on your membership anniversary and can be booked easily through the American Express travel number found on the back of the card.
You can book anytime between 9.00am and 5.30pm, by calling 0800 332 268, or +64 9 583 8287.
Travel Insurance Benefits
The other key benefits that come with the Platinum Edge credit card are:
- Domestic and International Travel Insurance Cover
- Overseas Medical Emergency Expenses and Repatriation Cover
- Personal Liability Cover
- Travel Cancellation Cover
- Baggage Cover
- Travel Inconvenience Cover
The Travel Insurance Cover that accompanies the American Express Platinum Edge card requires the pre-purchase of some travel expenses to be made prior to the commencement of travel in order to be eligible for the benefits.
The coverage and benefits conditions available from the Platinum Edge Travel Insurance may not suit everyone’s requirements. The individual would be advised to read the Travel Insurance terms and conditions, and seek appropriate independent advice if this feature is important to you.
Amex Offers with the Platinum Edge
Platinum Edge Card Members can also access ‘Amex Offers‘, which are immediate statement credits for hitting a spend target with a specific retailer – just like an instant cashback offer without having to deal with any paperwork.
These offers are saved to your card account online or in the American Express app and are worth keeping an eye on in case they hit the mark for any retailers you happen to shop with.
Aside from all the benefits mentioned, holding this card and other American Express cards also lets you enjoy other perks like American Express Invites, Dining, discounts at select shopping partners and access to other offers around the world through Amex Selects.
Summing up – American Express Platinum Edge Credit Card
If you’re not tied to Air New Zealand Airpoints because of work/business travel then earning points from credit card spend in a flexible rewards programme provides independence from being locked in with one airline.
In combination with the Platinum Edge, the American Express Membership Rewards programme can provide the ideal combination for your needs if optimised properly.
As the value of the free flight award alone can easily cover the cost of the annual fee, the opportunity to earn points including bonuses on grocery and fuel spend becomes effectively a free benefit.
This is a card to be considered by anyone looking to earn a flexible points currency and ‘level up’ their points collecting with more advanced strategies for earn and redemption across a range of different frequent flyer and hotel loyalty programmes.
What are some of the best ways you have used your Platinum Edge to earn points? Let us know in the comments below.
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