Credit Card Compare

The Platinum Card®

Data last updated 23 October 2026
27.80%
Purchase rate
S$1,744
Annual fee
100,000
Bonus points
Application

CardIQ

60Good

Good

Overall score, out of 100 · How this works

  • Airport lounge56
  • Rewards66
  • Sign-up bonus61
  • Travel58

Customer reviews

No reviews yet. Be the first to review the The Platinum Card®.

Pros & cons

What's good

  • 100,000 bonus Membership Rewards points to start, worth around S$400 at our 0.4c-per-point valuation.
  • Complimentary airport lounge access.
  • Earns 7 points per S$1 on foreign currency spend (first S$15,000 cumulative from February 2026 for 12 months, enrolment required).
  • Earns 10 points per S$1 on ATO and government payments, where many rewards cards earn nothing.

Worth noting

  • S$1,744 inclusive of 9% GST. Non-refundable. First two Supplementary Cards fee waived; S$272.50 (incl. 9% GST) for each subsequent Supplementary Card. No waiver mentioned. The S$1,744 annual fee is still toward the top of the market (the median is S$0).
  • The 7-point rate on foreign currency spend (first S$15,000 cumulative from February 2026 for 12 months, enrolment required) applies only to the first S$15,000 spent each year, then drops to a lower rate.

Card details

The basics

Additional cardholder fee
S$272.50 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
Not published
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$272.50
Annual fee
S$1,744 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% or S$50, whichever is higher

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
Points do not expire

Sign-up bonus

Bonus spend required
Min. spending of S$10,000 within first 6 months of Card approval (for new Card Members)
Sign-up bonus
100,000 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)
Sign-up bonusS$400Top 25% (2nd of 9 cards)
Overseas fee3.25%Better than most (8th of 28 cards)
Interest-free days22 daysMiddle of the market (13th of 23 cards)
Annual feeS$1,744 a yearAmong the most expensive (28th of 28 cards)

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

Compare side by side

Browse by card type

Compare the The Platinum Card® against every other card in its category.

Airport loungeKrisFlyerRewardsSign-up bonusTravelView all →

Questions and answers

No questions yet. Ask the first one about The Platinum Card®.

Sources

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