Credit Card Offers Amex Essential Rewards Card Discussion

Earn Amex Membership Rewards Points with the Essential Rewards Card​

Learn more and apply for this card:

American Express Essential® Rewards Credit Card

The Amex Essential Rewards Card is an entry-level credit card that earns bonus points on eligible spend, with a low monthly fee.

www.australianfrequentflyer.com.au

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What are the main benefits of this card?

1. Signup bonus: See our card guide for details of the current offer
2. Earn up to 5 Membership Rewards Points per $1 on eligible purchases, uncapped, which you can transfer to 13 different airline & hotel programs
3. Add up to 4 Additional Cards at no cost
4. $9 monthly fee

Why we like the American Express Essential Rewards credit card

American Express Essential Rewards is an entry-level credit card that lets you earn uncapped Membership Rewards Points, with bonus points available on many different types of spend categories.

You can transfer Amex Membership Rewards Points to around a dozen airline and hotel loyalty programs, generally at a 2:1 or 3:1 rate.

You'll earn:

• 5 points per $1 spent on eligible eats & drinks purchases in Australia
• 3 points per $1 spent on selected streaming subscriptions in Australia
• 2 points per $1 spent at selected major retailers in Australia
• 1 point per $1 spent on all other purchases

This card has a monthly fee of just $9 and includes various insurances.

See our card guide for more details:

American Express Essential® Rewards Credit Card

The Amex Essential Rewards Card is an entry-level credit card that earns bonus points on eligible spend, with a low monthly fee.

www.australianfrequentflyer.com.au

AFF members are welcome to discuss this card in this thread.

 

[PointsDude]

Just saw that the Amex Essential card is back on offer, now with an 80k sign up bonus and a $9 per month fee.

Very interesting to see multipliers on different spend categories, something that largely disappeared when the points ‘enhancement’ happened back in 2019.

The American Express Essential Rewards Credit Card | Amex AU

With the Amex Essential Rewards Card, earn rewards points on selected eats, drinks, food delivery services, streaming subscriptions, major retailers. T&Cs apply

www.americanexpress.com

 

[Ansett Nostalgic]

80k is a decent bonus for $4k spend. Can I still get the bonus since I currently hold Plat Edge and Explorer?

 

[Human]

That's intriguing. And actually quite attractive, especially considering the low annual fee. For someone who eats out a lot (or gets a lot of food delivered via Uber Eats, Menulog or Doordash) it's a no-brainer. Might consider it myself, even though I won't get the sign-up bonus.

Can I still get the bonus since I currently hold Plat Edge and Explorer?

Unfortunately not. The bonus points are only available to "new American Express Card Members...".

 

[levelnine]

'Annual Fee
$9 per month ($108 per year)'

Monthly annual fees. Wonder if that's a sign of things to come. Higher annual fees, but billed monthly to ease the sticker shock.

 

[PointsDude]

'Annual Fee
$9 per month ($108 per year)'

Monthly annual fees. Wonder if that's a sign of things to come. Higher annual fees, but billed monthly to ease the sticker shock.

Definitely have been seeing this across more products (Nab will start doing this with their highest tier card in June - switching from a $295 annual fee to a $24 monthly fee).

It probably intends to avoid not only that initial sticker shock but also stop customers having that second shock when they get their 12 month renewal and they just cancel the card to avoid paying that second fee.

Worth noting that Amex have tried the monthly subscription before with their Cashback card which I think was on offer for less than 2 years, so can’t imagine it was particularly successful.

 

[SeatBackForward]

Unfortunately not. The bonus points are only available to "new American Express Card Members...".

I simply cannot fathom why businesses do this. How much more effort does getting "new" customers cost a business compared to just making such offers to existing customers and keeping them happily on board? Surely it's just to make someones KPI's look good for that sweet sweet short term benefits.

 

[Franko Costa]

'Annual Fee
$9 per month ($108 per year)'

Monthly annual fees. Wonder if that's a sign of things to come. Higher annual fees, but billed monthly to ease the sticker shock.

It would reduce the number of people calling after 12 months waiting the AF waived or points given to them - smart move

 

[Dr Ralph]

It would reduce the number of people calling after 12 months waiting the AF waived or points given to them - smart move

Unlikely on both counts.

 

[andyrb]

Definitely have been seeing this across more products (Nab will start doing this with their highest tier card in June - switching from a $295 annual fee to a $24 monthly fee).

Most of the banks doing monthly fees are waiving it if the previous or current month's spend exceeds a certain amount, eg $15/month unless you spend $3,000 on eligible transactions. One such example is the CBA Smart Awards card.

Interesting that Amex don't appear to be doing this.

e: Also noted that it's now at 23.99% APR; previously was 18.99%

 

[andyrb]

Not sure if I'm reading this correctly. I'm exhausted, so give me some leeway.

5x points on food delivery services.

Then 5x on top of that for the first 10,000 points in a month.

So assume a $100 purchase on Menulog. 500 points.

Then 5x bonus for a total of 2,500 points.

?


edit: No, I think I get it now. I misread.

The multipliers only apply as a standalone thing, combined cap of 10,000/month. After that just a standard 1 point/$1.

 

[_TheTraveller_]

Fascinating product. Essentially mimicking US cards offerings.

 

[bullerdude]

Pretty good points earn for eating out, streaming and major retailers!

Almost feel cheated with the Plat card!

 

[CallMeHoju]

Almost feel cheated with the Plat card!

Definitely. ~$200 monthly eating out spend to negate the $9 fee. Would be a better companion card for earn than the Reserve if you didn't have the travel credit grandfathered.

 

[neeyuese]

Pretty good points earn for eating out, streaming and major retailers!

Almost feel cheated with the Plat card!

It is pretty easy to get nearly 10% discount on Restaurant/streaming gift card at supermarket ( pay by edge earn another 3 points ) Also $200 TC booking refundable hotel then cancel it mean fee free card.

 

[Mattg]

Current sign-up bonus on this card is 40,000 points until 28 January 2025.

 

[AFF Editor]

There's a new sign-up offer on this card. Currently the base offer is 60,000 Membership Rewards Points, and you can get an extra 20,000 points (bringing the total to 80,000) by applying through AFF by 27 May 2025:

American Express Essential® Rewards Credit Card

The Amex Essential Rewards Card is an entry-level credit card that earns bonus points on eligible spend, with a low monthly fee.

www.australianfrequentflyer.com.au