HighlightsCredit Card Feature
Things We Like50,000 bonus Membership Rewards points if you meet spending requirement
Our Least FavouriteHigh annual fee and high minimum annual income requirement
Our VerdictPrestigious card that offers a lot of privileges

The American Express® Platinum Reserve Credit Card is marketed as a more exclusive version of The American Express® Platinum Credit Card, and it comes with much higher minimum income requirements and a higher annual fee to match.

If you earn the $150,000 a year required to apply for this card, then paying $214 extra for the "reserve" in the card name may seem like the natural course of action. But does this credit card really give you more for the money in the way of special benefits that make the higher annual fee worth it? Or does the value of this card lie in its prestige? We at GET.com have decided to delve into the benefits of this card to help you decide if coughing up the extra money actually pays off.

Credit CardFeaturesIntro Interest p.a.Standard Interest p.a.Annual FeeMinimum IncomeWe least likeRelated links
The American Express<sup>®</sup> Platinum Reserve Credit Card

The American Express® Platinum Reserve Credit Card

  • Receive 50,000 Membership Rewards points with a minimum spend of S$5,000 in your first 6 months of Card Membership*
  • Enjoy Love Dining @ Restaurants privileges with up to 50% savings on food orders at selected restaurants and Love Dining @ Hotels privileges with up to 50% savings on food bills for unlimited visits at selected 5 star hotels around Singapore.
  • As part of the Love Dining @ Hotels programme, receive a complimentary The Far Card Classic Membership worth S$425 (inclusive of GST), which offers savings of up to 50% on dining (unlimited visits) on your total food bill at Fairmont Singapore, Swissotel The Stamford Singapore and Swissotel Merchant Court.
S$535 (inclusive of GST)S$150,000 p.a.
We least like
  • S$535 (inclusive of GST).

Things We Like About The American Express® Platinum Reserve Credit Card

You get 50,000 bonus points. If you spend a minimum of $5000 in the first 6 months after your card approval, you will receive 50,000 reward points! That's quite a generous offer. You can then redeem these points for dining or shopping vouchers, movie tickets, gifts and air miles. The American Express® Platinum Credit Card does not give you a reward points bonus offer, but it does let you receive a B&O Play H5 by Bang & Olufsen (after paying the $535 annual fee. You can also receive a 2D1N Stay at Dorsett Singapore when you spend $5,000 within the first 6 months of Card Approval and a Samsonite Sigma 76cm Expandable Spinner worth $600 after spending an additional $2,500 within the first 6 months..

You get hotel benefits starting with a complimentary 1 night stay at a Capri by Fraser Property in Brisbane (Australia), Kuala Lumpur, Ho Cho Minh City, Frankfurt (Germany) or Barcelona (Spain). That's a nice bonus - if you travel to one of those cities. You also get subsidized rates at boutique hotels through the Near-Away! program by American Express.

Love Dining @ Hotels privileges. Get up to 50% savings on Love Dining @ Hotels privileges and food orders at select 5 star restaurants in Singapore.

Love Dining @ Hotels programme. With this programme you receive a The Far Card Classic Membership (worth $425), totally free. This membership offers accommodation experiences and savings on up to 50% on dining for the whole year. Get access to special savings for an unlimited amount of visits at your pick of restaurants at Fairmont Singapore, Swissotel The Stamford Singapore and Swissotel Merchant Court with The Far Card Classic Membership.

You get reciprocal membership in the Tower Club, which is a great lifestyle perk and can provide a good networking opportunity. Both you and Supplementary Platinum Reserve Credit Card Members get access to dining and conference facilities (but not the Fitness Centre) by presenting your The American Express® Platinum Reserve Credit Card at the reception. All spending at the Tower Club must be charged to your card. There are a few small catches you should take note of. For example, only the first 5 Platinum Reserve cardmembers to visit each day will be granted entry, and full members will have priority over you as a reciprocal member if the club happens to be full. But, since you will have to book or reserve your visit through the Lifestyle Concierge in order to enjoy this privileged access, you will know if your place is guaranteed well in advance. As a reciprocal member, Your spending at the club will be subject to both a 10% service charge and a 10% surcharge. Still, we give this benefit 2 thumbs up.

Get dining discounts and privileges. With this card, as with The American Express® Platinum Credit Card, you will receive The Far Card membership (worth $425 inclusive of GST) and enjoy up to 50% discounts at over 60 restaurants and a 15% discount on beverages at some of the trendiest bars.

Enjoy Love Dining @ Restaurants, which let you get savings on your meals whether you dine out by yourself, or with your family or friends. Keep in mind that Love Dining @ Restaurants privileges are only valid a handpicked selection of popular restaurants. Participating merchants include:

  • Mad For Garlic
  • Lawry's The Prime Rib
  • The Marmalade Pantry
  • Dean & DeLuca @HillV2
  • Senso Ristorante & Bar
  • TWG Tea

and many more, if you dine out often these privileges could help you save quite some money.

Earn rewards at selected merchants. You will earn 10 rewards points for every $1.60 spent at selected Platinum EXTRA Partners in Singapore. There's a long list of locations, covering lifestyle, dining, fashion, wine, electronics and many more categories. Amex may change this list of partners from time to time, but you will always have choices to earn extra points! You earn exactly the same amount of rewards with The American Express® Platinum Credit Card.

Earn rewards on all your spending. You can also earn 2 rewards points for every $1.60 spent at other locations and when you make other purchases. These points don't expire and you can redeem them anytime you want! This is a great perk because rewards points you earn on many other credit cards are only valid for a limited period of time, usually 2 years. Here again, The American Express® Platinum Credit Card lets you earn the same points for your spending.

Enjoy exclusive American Express Selects® privileges. You will enjoy exclusive shopping, dining and entertainment privileges by American Express Selects®. This include offers, deals and discounts at many locations, such as discounts at Alphabet Bar, Dancing Crab and many more places.

Enjoy complimentary beverage offer. You will get complimentary drinks, including bespoke cocktails, craft gins and sophisticated whiskies, when you visit Amex's partner outlets, such as Ah Sam Cold Drink Stall, :pluck, The Mad Men Attic Bar and some other fashionable bars. Now there's a perk that we like!

Enjoy complimentary travel insurance. When you charge the full fare of the travel tickets to this card, you will enjoy complimentary travel accident insurance coverage of up to $1 million. You will also enjoy travel inconvenience insurance that covers missed flight connections, luggage delays and loss of luggage.

Complimentary Wi-Fi connection. You can enjoy complimentary Wi-Fi with Boingo at hotspots worldwide. Just register for your complimentary Boingo membership and download the Boingo Wi-Finder app on your smartphone or tablet, and you will enjoy free Wi-Fi from Boingo hotspots at airports, hotels and many other locations.

Complimentary American Express Global Assist. If you need medical or legal assistance during your trip, you can contact American Express Global Assist for recommendations of medical or legal professionals. The service is free and available 24/7!

Enjoy golf privileges. Golf fans will love this benefit! You will enjoy complimentary green fees and exclusive access to over 40 clubs in Singapore, the Philippines, Malaysia, Indonesia and Thailand. Your loved ones can also enjoy the benefit because supplementary card members also enjoy these golfing privileges!

Enjoy spa privileges. This card also gives you spa privileges, such as vouchers to offset payments and discounted rates for treatments. These privileges are available at Adeva Spa, Spa Rael, The Ultimate, and some other high-end spas.

Purchase guarantee and protection. You can get 90-days return guarantee when you make purchases with this card, even if the store does not accept returns. You can return almost any purchase made in Singapore for a refund of up to $800 per item, within a total limit of $5000 per year. You will also enjoy 90-days purchase protection, which covers accidental damages and theft of your purchases up to a total limit of $25,000 in a year.

First 2 supplementary cards fee waiver. The annual card fees of your first 2 supplementary cards are waived. So you can get the first 2 supplementary cards for free and let your loved ones enjoy the benefits!

Our Least Favourite Things About The American Express® Platinum Reserve Credit Card

It's out of reach for many Singaporeans. You need to make at least $150,000 a year to apply for this card. That's a very high requirement even among high-end credit cards.

It has a high annual fee. the $535 annual fee is a big jump up from the price of the standard card. That said, if you have the income it takes to get this card, the annual fee might not be a big issue.

How The American Express® Platinum Reserve Credit Card Compares To Other Cards

Receive 50,000 Membership Rewards points with a minimum spend of S$5,000 in your first 6 months of Card Membership*.
Annual Fee:S$535 (inclusive of GST)
Apply for the card and receive either (i) S$150 Cash Back, or (ii) American Tourister Caravan 70cm TSA luggage (worth S$260) with minimum S$600 spend within a month from card issuance. Exclusive to customers who have an Premier relationship with HSBC. Other Terms and conditions apply.
Intro APR:2.50% p.a. for 6 months* on balance transfers or 4.88% p.a. for 12 months* on balance transfers both with a processing fee of $88
Regular APR:25.9% p.a.
Annual Fee:No annual fee
Receive a Welcome Gift of 62,500 Citi Dollars (25,000 Miles) when you apply for a Citi Prestige Card and upon payment of the annual fee.
Intro APR:Transfer your outstanding balances on any other bank's credit card or credit line to Citibank at 0% nominal interest rate for 3/6/12 months with upfront service fee from 1.58%. Eligible for new Citibank customers who apply for Citibank Ready Credit account with minimum $500 loan.
Regular APR:26% per annum
Annual Fee:$535

If you're an active, networking-inclined person with a tidy income who loves meeting and entertaining people, The American Express® Platinum Reserve Credit Card may well be a worthwhile upgrade.

The American Express® Platinum Reserve Credit Card is, more than anything, a prestigious upgrade of The American Express® Platinum Credit Card. The main added value you get is the bonus offer, and access to Tower Club and luxury yacht rentals. Aside from those things, the perks match those you get with The American Express® Platinum Credit Card. You enjoy a slew of dining and beverage privileges, as well as offers for a luxury lifestyle, such as golf spa deals. Travel benefits like complimentary travel insurance, internet access through Boingo hotspots worldwide and assistance with your medical and legal needs make this card a good travelling companion.

Although earning rewards is not the highlight of this card, it's worth noting that you do earn 10 points for every $1.60 spent at Platinum EXTRA Partners and 2 points for every $1.60 spent elsewhere. If you spend a lot, the savings and perks your rewards give you could end up covering a significant part of the annual card fee.

If you earn $150,000 per year and want to get that awesome 50,000 point bonus offer, then The American Express® Platinum Reserve Credit Card would work fine for you. But if a bonus offer, the "reserve" title and access to Tower Club don't mean much to you, you can save $214 a year in card fees by getting the excellent The American Express® Platinum Credit Card that gives you almost all of the same amazing benefits.