Credit Card Compare

The American Express® Platinum Credit Card

Data last updated 23 October 2026
27.80%
Purchase rate
S$327
Annual fee
40,000
Bonus points
Application

CardIQ

53Fair

Fair

Overall score, out of 100 · How this works

  • Rewards56
  • Sign-up bonus47
  • Travel56

Customer reviews

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Pros & cons

What's good

  • 40,000 bonus Membership Rewards points to start, worth around S$160 at our 0.4c-per-point valuation.
  • Earns 6.25 points per S$1 on ATO and government payments, where many rewards cards earn nothing.

Worth noting

  • S$327 inclusive of 9% GST. No waiver mentioned. First two supplementary cards complimentary; S$163.50 (incl. GST) each thereafter. The S$327 annual fee is still toward the top of the market (the median is S$0).
  • Earns 1.25 points per S$1 on everyday spend, around the dataset average.

Card details

The basics

Additional cardholder fee
S$163.50 p.a.
Card tier
Platinum
Card type
American Express
Card use
Personal
Credit limit
Not published
Credit rating
Not published
Rewards program
Membership Rewards

Eligibility

Instant approval
Not published
Joint application
Not published
Minimum age
21 years old
Minimum income
Not specified
Residency
Singapore
Temporary residents
Not published

Rates & fees

Ongoing interest rates

Cash advances
26.90% p.a.
Purchases
27.80% p.a.

Fees

Additional cardholder fee
S$163.50
Annual fee
S$327 p.a.
Cash advance fee
5% of the amount
Foreign transaction fee
3.25%
Late payment fee
S$100

Repayments

Interest-free period
Up to 22 days on purchases
Minimum repayment
3% of the outstanding balance plus the total sum of any overdue minimum payment and late payment charges, and any amount exceeding your Credit limit, or S$50, whichever is greater

Balance transfers

This card has no promotional balance transfer offer. To move existing debt to a lower rate, compare balance transfer cards.

Introductory purchase offer

This card has no introductory purchase rate offer. If you're carrying a balance or planning a big spend, compare 0% purchase cards.

Rewards

Earn rate

Everyday spend
None
Bonus categories
None
Other purchases
None
Overseas spend
None
Reduced rate above monthly cap
None
Points cap
Uncapped
Points expiry
Membership Rewards points will not expire as long as your Card Account remains valid and enrolled in Membership Rewards programme, and provided it remains in good standing and is not cancelled for any reason.

Sign-up bonus

Bonus spend required
S$4,000 within first 3 months of Card approval
Sign-up bonus
40,000 points

Where this card sits vs similar cards

Compared with every other personal credit card we list that has the feature. The further right the dot, the better this card does.

Purchase rate27.80%Top 10% (3rd of 28 cards)
Overseas fee3.25%Better than most (8th of 28 cards)
Interest-free days22 daysMiddle of the market (13th of 23 cards)
Annual feeS$327 a yearNot as good as most cards (24th of 28 cards)
Sign-up bonusS$160Among the weakest we track (8th of 9 cards)

Data as at October 2026. Rates change often, so check the issuer's terms. Factual information, not a recommendation.

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Sources

Credit Card Compare
How CardIQ scores cards
Issuer
American Express
Program
American Express Membership Rewards