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Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more.

The Platinum Card® from American Express - Earn 80,000 Membership Rewards® Points after you spend $8,000 on eligible purchases on your new Card in your first 6 months of Card Membership.

The Platinum Card® from American Express
The Platinum Card® from American Express

Annual Fee: $695

  • Earn 80,000 Membership Rewards® Points after you spend $8,000 on eligible purchases on your new Card in your first 6 months of Card Membership.
  • Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year and earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel.
  • $200 Hotel Credit: Get up to $200 back in statement credits each year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings through American Express Travel using your Platinum Card®. The Hotel Collection requires a minimum two-night stay.
  • $240 Digital Entertainment Credit: Get up to $20 back in statement credits each month on eligible purchases made with your Platinum Card® on one or more of the following: Disney+, a Disney Bundle, ESPN+, Hulu, The New York Times, Peacock, and The Wall Street Journal. Enrollment required.
  • With American Express Global Lounge Collection® you can enjoy access to over 1,400 airport lounges globally, including The Centurion® Lounge, Unlimited Delta Sky Club® Access when flying an eligible Delta flight, Escape Lounges, Lufthansa Lounges when flying Lufthansa Group, Plaza Premium, Priority PassTM Select Lounges, & Additional Global Lounge Collection Partner Lounges subject to visit limitations. Lounges may have their own rules, like additional access rules and guest fees, and for Priority Pass Select, you need to enroll and there are unlimited airport lounge visits for Card Members. With Delta Sky Club Access, Card Members will receive 10 Visits to the Delta Sky Club to be used from February 1 until January 31 of the next calendar year and can unlock Unlimited Delta Sky Club Access by spending $75,000 in eligible purchases on their Card in a calendar year. To find a lounge, visit the membership section in the American Express® App or visit http://www.americanexpress.com/findalounge#/loungefinder.
  • $155 Walmart+ Credit: Save on eligible delivery fees, shipping, and more with a Walmart+ membership. Use your Platinum Card® to pay for a monthly Walmart+ membership and get up to $12.95 plus applicable taxes back on one membership (excluding Plus Ups) each month.
  • $200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees are charged by the airline to your Platinum Card®.
  • $200 Uber Cash: Platinum Card® Members can ride or dine in style with $15 in Uber Cash each month, plus a bonus $20 in December after adding their Card to their Uber account. Use your Uber Cash on rides and orders in the U.S. when you select an Amex Card for your transaction.
  • $199 CLEAR® Plus Credit: CLEAR® Plus helps to get you to your gate faster at 50+ airports nationwide and get up to $199 back per calendar year on your Membership (subject to auto-renewal) when you use your Card. CLEARLanes are available at 100+ airports, stadiums, and entertainment venues.
  • Receive either a $120 statement credit every 4 years for a Global Entry application fee or a statement credit up to $85 every 4.5 years for a TSA PreCheck® (through a TSA official enrollment provider) application fee, when charged to your Platinum Card®. Card Members approved for Global Entry will also receive access to TSA PreCheck at no additional cost.
  • Shop Saks with Platinum: Get up to $100 in statement credits annually for purchases in Saks Fifth Avenue stores or at saks.com on your Platinum Card®. That's up to $50 in statement credits semi-annually. Enrollment required.
  • Unlock access to exclusive reservations and special dining experiences with Global Dining Access by Resy when you add your Platinum Card® to your Resy profile.
  • $695 annual fee. - Rates and Fees
  • Apply with confidence. Know if you're approved for a Card with no impact to your credit score. If you're approved and you choose to accept this Card, your credit score may be impacted.
  • Terms Apply.
The Platinum Card® from American Express - Learn More

The Platinum Card® from American Express Overview

The Platinum Card® from American Express stands out as a premium card designed for those who frequently travel and seek a luxurious experience. With an annual fee of $695, this card offers a wide array of benefits tailored to enhance travel and lifestyle. New members can earn a substantial welcome bonus by meeting the spending requirement within the first six months, along with multiple opportunities to earn Membership Rewards® Points on various purchases. The card is packed with credits for travel, entertainment, and shopping, making it an appealing option for discerning consumers.

Pros

One of the most attractive features of The Platinum Card® is the generous welcome offer. Cardholders can earn 80,000 Membership Rewards® Points after spending $8,000 on eligible purchases within the first six months. This is an excellent incentive for those who can meet the spending threshold, providing a strong start to their rewards journey.

The rewards structure is also impressive, offering 5X Membership Rewards® Points on flights booked directly with airlines or through American Express Travel, as well as prepaid hotels booked with American Express Travel. With no cap on the points earned for flights up to $500,000 per calendar year, frequent travelers can accumulate points rapidly.

Additionally, The Platinum Card® offers substantial travel credits that can offset the annual fee. Cardholders can receive up to $200 in hotel credits each year when booking through Amex Travel and up to $200 in airline fee credits by selecting a qualifying airline. These credits can significantly enhance the value of the card for regular travelers.

The access to airport lounges via the American Express Global Lounge Collection® is another noteworthy benefit, allowing members to enjoy over 1,400 lounges worldwide, including The Centurion® Lounge and Delta Sky Club®. This feature alone can transform the travel experience into a more comfortable and enjoyable one.

Cons

Despite its many advantages, The Platinum Card® comes with a steep annual fee of $695, which may not be justifiable for occasional travelers or those who won't fully utilize the benefits. For individuals who travel infrequently, the cost may outweigh the rewards and credits offered.

Some of the benefits, such as the $240 Digital Entertainment Credit and the $155 Walmart+ Credit, require enrollment and may not appeal to all cardholders. These credits can be seen as limiting for users who prefer other entertainment or shopping services.

Furthermore, the card's extensive benefits can be overwhelming, and cardholders may need to actively manage their usage to maximize value. For those who do not want to engage in the necessary planning to take full advantage of the perks, some benefits may go unused.

Why We Like This Card

  • High welcome bonus of 80,000 Membership Rewards® Points.
  • 5X points on travel-related purchases, enhancing rewards for frequent travelers.
  • Significant travel and entertainment credits that can offset the annual fee.
  • Exclusive access to airport lounges, providing comfort during travel.
  • Flexible rewards that can be redeemed for various travel and lifestyle experiences.

The Platinum Card® from American Express is an excellent choice for individuals who travel often and are willing to invest in a card that delivers exceptional benefits. The combination of high rewards potential, travel credits, and exclusive access to lounges and experiences makes it a standout in the premium credit card market. While the annual fee is considerable, the value derived from its offerings can far surpass the cost for those who utilize the card's features effectively.

Highlights of Rewards

WHAT YOUR REWARDS GET YOU

  • Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year.
  • 5X Membership Rewards® Points on prepaid hotels booked with AmexTravel.com.
  • Earn 1x Membership Rewards® Points on all other purchases.

Rates & Fees

“Disclaimer: Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.”