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.
Learn How to ApplyRates & Fees
Quick Summary
The Platinum Card by American Express has been a staple in the points/miles world for a very long time. Recently updated to an annual fee of $695, It comes with up $200 airline fee credits, up to $200 annual hotel credits, up to $199 CLEAR® Plus, up to $300 Equinox Credit, monthly digital entertainment credits, lounge access, and a handful of other premium perks.
Learn How to ApplyHow to Earn Rewards
5x
Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel on up to $500,000 on these purchases per calendar year. 1x thereafter.
5x
5X Membership Rewards® Points on prepaid hotels booked on amextravel.com.
1x
Earn 1x Membership Rewards® Points on all other purchases.
Annual Fee
$695
Terms Apply. | Rates & Fees.
Benefits
$120 Global Entry Credit
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.
Lounge Access
Priority Pass + Centurion Lounge access. Enrollment required
$200 Airline Fee Credit
Get up to $200 in statement credits per year after you select a qualifying airline and incidental fees are charged by the airline to your Platinum Card®. Enrollment Required.
$155 Walmart+ Credit
Walmart+ members enjoy shopping perks - both online and in-store - at Walmart. Use your Platinum Card® to pay for a monthly Walmart+ membership (subject to auto-renewal) and receive a statement credit that covers the full cost each month. $12.95 plus applicable taxes. Plus Up Benefits not eligible. Enrollment Required.
$200 Hotel Credit
Get up to $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®. Enrollment required. The Hotel Collection requires a minimum two-night stay
$200 Uber Cash
Platinum Card® Members can get out and about and explore their local area with $15 in Uber Cash for US rides each month, plus a bonus $20 in December. That can be up to $200 in annual Uber savings. Simply download the Uber app and add your Platinum Card® to your Uber account to get started. Available to Basic Card Member only. Effective 11/8/2024, an Amex Card must be selected as the payment method for your Uber or Uber Eats transaction to redeem the Amex Uber Cash benefit.
$199 CLEAR® Plus Credit
Breeze through security with CLEAR® Plus at 100+ airports nationwide and get up to $199 back per year on your membership (subject to auto-renewal) when you use your Platinum Card®. Enrollment Required.
$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: Disney+, ESPN+, Hulu, The New York Times, Peacock and The Wall Street Journal. Enrollment required.
Shop Saks with Platinum
Get up to $50 in statement credits semi-annually for purchases at Saks Fifth Avenue on your Platinum Card®. Enrollment required.
Terms Apply
Terms apply
Compared to Other Cards
The Platinum Card® from American Express
Welcome Bonus:
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.
Annual Fee:
$695Terms Apply. | Rates & Fees.
American Express® Gold Card
Welcome Bonus:
Earn 60,000 Membership Rewards® points
after you spend $6,000 on eligible purchases on your new Card in your first 6 months of Card Membership.
Annual Fee:
$325Terms Apply. | Rates & Fees.
The Business Platinum Card® from American Express
Welcome Bonus:
Earn 150,000 Membership Rewards® points
after you spend $20,000 on eligible purchases with your Card within the first 3 months of Card Membership.
Annual Fee:
$695Terms Apply. | Rates & Fees.
Our Take
Like the Chase Sapphire Reserve, the Platinum Card from American Express is another example of a high-annual fee card that comes with a ton of great benefits.
Many people can’t get past the hefty fee, but the benefits more than make up for it.
The 80,000 bonus points can be transferred to 17 airline and 3 hotel partners or redeemed to book travel directly with American Express for a minimum of $800 of travel. You’ll get the most value by transferring to airline partners.
Throw in the up to $200 Uber Cash: Platinum Card® Members can get out and about and explore their local area with $15 in Uber Cash for US rides each month, plus a bonus $20 in December. That can be up to $200 in annual Uber savings. Simply download the Uber app and add your Platinum Card® to your Uber account to get started. Available to Basic Card Member only. Effective 11/8/2024, an Amex Card must be selected as the payment method for your Uber or Uber Eats transaction to redeem the Amex Uber Cash benefit.
But wait there’s more – you’ll get up to $200 in airline fee credits, up to $200 in hotel credits, up to $240 in digital entertainment credits (enrollment required), up to $300 in Equinox credits (enrollment required), and the up to $199 CLEAR® Credit, and the $695 annual fee quickly is wiped out by the incredible amount of value that you get from the card.
Like the Business Platinum Card® from American Express, you will also receive Gold status with Marriott and Hilton (enrollment required), Priority Pass Select and Centurion Lounge access, and you’ll earn 5x points per dollar on hotel and airfare bookings via Amex Travel. Terms apply and enrollment required for select benefits.
One key difference is that you can also earn 5x points per dollar on airfare when booking directly with an airline.