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The Platinum Card® from American Express

Rewards Rate
5x points on hotels and flights booked directly or with American Express, 1x points on all other purchases
Welcome Offer
Earn 100,000 Membership Rewards® Points after you spend $6,000 on purchases on the Card in your first 6 months of Card Membership
Typical Credit Score
Excellent
Card Network
Annual Fee
$695
Credit Score Needed
Excellent
The Platinum Card® from American Express
The Platinum Card® from American Express
Details
  • Click APPLY NOW to securely apply online.
  • Earn 100,000 Membership Rewards® Points after you spend $6,000 on purchases on the Card in your first 6 months of Card Membership.

  • Plus, earn 10x points on eligible purchases on the Card at restaurants worldwide and when you Shop Small in the U.S., on up to $25,000 in combined purchases, during 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.

  • Earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel.

  • $200 Hotel Credit: Get $200 back in statement credits each year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings with American Express Travel when you pay with your Platinum Card®.

  • $240 Digital Entertainment Credit: Get up to $20 in statement credits each month when you pay for eligible purchases with the Platinum Card® at your choice of one or more of the following providers: Peacock, Audible, SiriusXM, and The New York Times. Enrollment required.

  • New! American Express has expanded The Centurion® Network to include 40+ Centurion Lounge and Studio locations worldwide. Now there are even more places your Platinum Card® can get you complimentary entry and exclusive perks.

  • $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year in baggage fees and more at one qualifying airline.

  • $200 Uber Cash: Enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. Uber Cash and Uber VIP status available to Basic Card Member only.

  • $300 Equinox Credit: Get up to $25 back each month on select Equinox memberships. Enrollment required.

  • $179 CLEAR® Credit: Use your Card and get up to $179 back per year on your CLEAR® membership.

  • $695 annual fee.

  • Terms Apply.

Rated Best for:
The Platinum Card® from American Express Review

Who Is The Platinum Card® from American Express For?

The Platinum Card®, from our partner American Express, has a strong reputation (and caché) for being the elite travel rewards card. This card is full of ways to earn points with up to 5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel and 5X points on prepaid hotels booked on amextravel.com. You also will receive a huge initial bonus of 100,000 Membership Rewards Points after you spend $6,000 on purchases on the Card in your first 6 months of Card Membership.

This card also has a series of other benefits which justify the $695 annual fee. Although this might be expensive, the plethora of benefits that accompany this card and the large initial bonus are more than sufficient to keep this card in your wallet.

This card works for people who want premium travel rewards and are not sensitive about paying annual fees. This card is an especially great fit for frequent flyers.

Early Bonus

American Express offers you a generous bonus when you make $6,000 in purchases in the first six months after the account was opened. As mentioned, when you hit this spend threshold you will receive 100,000 membership points, which we believe is the cash equivalent of $1,000. This is a great comparison to draw if you're still nervous about the $695 annual fee

Rewards

Even before statement credits, the rewards are great. It is hard to find another card where you can earn 5x points on flights and hotels and 1x points on all other qualifying purchases. If you are a heavier traveler for leisure or can expense your work travel to your personal card this will be the card with the highest rewards rate for you. Especially, considering the Platinum Card® from American Express has no limit on how many points you can earn.

This point value is tremendous compared to many other travel rewards cards. 5x rewards on flights and hotels will be very beneficial for anyone who travels often for work or vacation purposes as you will be receiving an unlimited, uncapped amount of points for all of these purchases.

Travel Benefits

The rewards don't stop with the purchase reward rates. You receive $200 on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings with American Express Travel. The Platinum Card® from American Express is meant for travelers, which is why American Express has made this feature available. Get deals at some of the nicest hotels to upgrade your travel experience. When you book through Fine Hotels and Resorts, you will receive many different amenities during your stay. Past examples can include:

  •  Room upgrade upon arrival, when available[1]
  •  Daily breakfast for two people
  •  Guaranteed 4pm late check-out
  •  Noon check-in, when available
  •  Complimentary Wi-Fi

A big part of traveling is actually getting there, which this card also addresses. You get to enjoy Uber VIP status along with $200 in Uber rides or eats ($15 each month plus a $20 bonus in December). Travel in comfort to and from the airport at lower expense as you will receive free Uber rides whenever you need a way to get around.

The airport benefits don't stop at the card ride. This card will also give you $200 in airline credits for check bags & flight meals, saving more money for the frequent flyer. Baggage often costs $25 per bag, so $200 in airline credits could realistically save you 8 bags worth of costs. This feature is especially great for those expecting to travel with their families.

 

Getting through security will now be a breeze with the $179 CLEAR Credit® which will lets you cut the security line and get right to the comfortable Centurion® Lounges at over 40 locations worldwide!

Other Benefits

If you're thinking this all sounds great but you're unsure how much you will travel, the Platinum Card also provides benefits that make everyday life a pleasure. You will get to enjoy up to $300 gym credit towards your Equinox membership once you're enrolled.

This card also gets you access to Hilton Honors and Marriott Bonvoy gold status, allowing you to receive various rewards and benefits when you book stays at these two hotels. You will receive great rates on rooms, and you will be able to earn points which will lead to rewards at both hotels.

The Platinum Card additionally will give you access to American Express Experiences. This benefit includes a variety of different venues that are limited to American Express Experience members only, allowing you to get unique experiences reserved for American Express cardholders.

The travel rewards and the credit statements you receive when using the American Express are plentiful and do a very nice job of justifying the high annual fee. With the money you are saving from hotels and transportation, you should be able to justify the money spent on your annual fee.

You also will be able to use the American Express app in order to manage your account. Check your balance and review your charges at the click of a button with this app that will make your life that much easier.

Annual Fee

The biggest downside of this card is the annual fee. $695 is a lot of money to be paying annually for a credit card, but this money comes with so many rewards as we have mentioned before. Our opinion is that the rewards and the points you earn with this card will offset the annual fee. 

Conclusion

The Platinum Card® from American Express is a top tier premium travel rewards card. At a high annual fee of $695, you are able to earn access to tons of different perks and benefits related to travel. Earning 5x points on hotels and flights booked through American Express travel services is a benefit unparalleled in the industry. This card is not for everyone, but if you are willing to invest in the annual fee you will get to enjoy traveling at the highest standard.



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