Australia’s Better Small Business Saturday Amex Promo, A 150K Bonus & Why We Are Still Doing Alright

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Amex Australia

It generally is a consensus that we have it better in the United States when it comes to credit card rewards. I won’t pretend to be an expert on the law, but many other countries severely restrict how banks earn their money from credit cards thus making them “less rewarding”.  Still, there are some places out there where big bonuses can be had.

About a month ago we learned that American Express wasn’t going to be offering a monetary bonus for shopping on Small Business Saturday. Instead, they are giving 2X rewards for shopping at small businesses through the end of the year. Well, at least they are doing that here in the US. The other day reader WJ sent me a screenshot of what he saw on pop up when he visited the Amex Australian website.

amex business platinum australia 150K

Indeed it does look like Amex is cheating on us with the Aussies. They are giving them $10 back on $20 purchases up to 10 times between 10/31 and 11/30/16. Worse yet I even found an offer from back in September where they got up to 3 credits per card for the same.

I remember the days of multiple credits on each card for supporting my local small businesses. Oh how I remember those days. Do the Aussies even realize how good they have it? Maybe you are thinking that it isn’t a big deal that they get credits. Well, what if I was to tell you they have some awesome sign-up bonuses too.

Amex Explorer Card Australia

amex business platinum australia 150K

Just look at this beautiful card I found. Think of this as a step down from the Platinum card. It costs $395 AUD per year (about $290 USD) and comes with a 100K bonus. Now, they do have less transfer partners than the U.S. Membership Rewards program and this card only comes with two entries to their Sydney lounge, but it also has a $400 AUD per year travel credit. What?!?

Amex Platinum Australia

Want more lounge access? How about the Amex Platinum then? It does comes with a $1,200 AUD annual fee, but the sign-up bonus is also 100K and it comes with a $300 AUD per year travel credit. You also get Priority Pass Membership and more transfer options including SPG Starpoints at a 2:1 ratio. Not bad!

Amex Business Platinum Australia

amex business platinum australia 150K

The grand daddy of the bonuses though is for the Business Platinum card. Did you think our current 100K bonus was good? Well, it is but down under they get 150K and they only need to spend the equivalent of less than $4K USD to meet the minimum. They also get Virgin Lounge access as part of the deal, although I’m not sure if a travel credit is thrown in.

Just like the regular Platinum, this version has a hefty annual fee. ($1,500 AUD). That equates to about $1,100 USD which means that you are paying for the prestige of carrying the card and for that generous bonus. Maybe we don’t have it so bad after all.


In the end I am sad that we aren’t receiving any credits for Small Business Saturday, but with the recent generosity of Amex Offers, our ability to get them on multiple cards and the relatively low annual fees we enjoy compared to Australia I think we are doing fine. I thought it was fun to look at how their products are similar, but different. If you’re ever bored take a look at Amex Australia, Canada, India or many other countries. It is fun.


  1. I’m going to Australia for Christmas and my wife is Australian. I could probably apply for a card, then hit the minimum spend back in the states right?

    • Not sure how you can pay off the card from a foreign bank account? Plus if you spend in the USA it will be subject to foreign transaction fees (3% i think)

  2. Just spent a year living in Australia (Melbourne). Spending on my amex wasn’t a huge problem unless at small businesses

    But please don’t just look at the sign up ‘headlines’.
    The new Explorer card comes with a 100k points sign up bonus… but these are membership rewards “gateway points”. These transfer at a 4:3 ratio so its actually 75k bonus airmiles, not 100k. Or 50k spg points.

    Whilst still a great sign up bonus, its not quite as good as it first seems!
    Now im back in the UK…. having to get excited about 20k sign up bonuses…

    • No I teach you how to earn points/miles so you can fly to Australia and experience their pizza and hot dogs for yourself. Feel free to write a trip report and I’ll publish it.

  3. I have friends in the Aus land and they do have businesses but often dont take Amex card, most businesses dont even accept Amex and if they do, charge a higher fee on top of the sale price. also there is virtually no method of MS ing in Aus.

  4. It is not easy to rack up a lot of Amex spend in Australia because literally EVERYWHERE that takes Amex tacks on an extra 2-3% fee to use it.

  5. And pay credit card surcharges too.

    Even the four points in Perth was more than happy to charge me 2 percent credit card service fee to settle my bill


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