I'm looking at getting a US Amex Platinum card rather than an Australian one as the US version seems to offer a few additional features. Two that I am particularly interested in include:
US$450 annual fee compared to Australia's $1200 annual fee
- No foreign exchange fees
There are only a few cards in Australia (two, as far as I know) that offer reward points and no foreign transaction fee, and both of those cards' rewards programs are pretty bad.
As I travel a lot, I'm interested in being able to earn worthwhile points on my foreign transactions while also not having to pay 3% foreign exchange surcharge.
Are there any obvious downsides to using a US card when I'm in Australia that I'm overlooking?