transfer rate to VA from The Platinum Edge Credit Card

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ap_spd

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Hi All,

Can anyone help. I was looking at the The Platinum Edge Credit Card from American Express and wanted to know what is the transfer rate for Velocity, will it 1 point per point similar to how American Express Velocity Platinum card works ?

thanks, akp
 
Hi All,

Can anyone help. I was looking at the The Platinum Edge Credit Card from American Express and wanted to know what is the transfer rate for Velocity, will it 1 point per point similar to how American Express Velocity Platinum card works ?

Yes it is a 1:1 transfer to VA
 
Plat Edge earns Membership Rewards points which transfer to VA (and several others) at 1:1. For supermarket spend, you effectively earn 3 points per dollar.
 
Sometimes there are bonuses on transfers Amex to VA (& others). There was one towards the end of last year of 15% bonus points on transfer.
 
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I think it's a great card. Points transfer to VA quickly and there was a bonus last year as said. However can also transfer to other programs (CX,MH) which can offer better value.
You can also take advantage of the 3 points in supermarkets by buying Coles/Myer or WISH giftcards in the supermarket effectively getting you 3 points/$ in Coles Express, Caltex Woolworths, Dan Murphys, Liquorland, Myer etc etc. Bunnings vouchers also available in Coles. (I find this less of a hassle than buying the discounted giftcards off the web)
 
thanks guys., i am looking at shifting to this card from VA Platinum card, dont really use all the benefits of VA Plat card anyway.
 
Nothing better than getting 3 points per $ for Dan Murphy's. Apart from supermarket , petrol wine is my other big spend.
 
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