The Platinum Card® from American Express

Earn 80,000 Membership Rewards® points

after you spend $8,000 on purchases on your new Card in your first 6 months of Card Membership.

Learn How to Apply

Rates & Fees
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Editors Note: Opinions expressed here are 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.

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 $189 CLEAR® Plus, up to $300 Equinox Credit, monthly digital entertainment credits, lounge access, and a handful of other premium perks.

Learn How to Apply

How 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.

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 annual Uber credits (up to $15 per month and up to $35 in December). Simply add your Platinum Card to your Uber account and its automatic. Note that this also currently works for orders with Uber eats.

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 $189 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, 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.

Benefits

$100 Global Entry Credit

Receive either a $100 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

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 is available to Basic Card Member only. Benefit renews annually. Enrollment required. Terms Apply.

$300 Equinox Credit

Get up to $300 back per calendar year on an Equinox+ subscription, or any Equinox club memberships when you pay with your Platinum Card®. Enrollment required.

$189 CLEAR® Plus Credit

Breeze through security with CLEAR® Plus at 100+ airports nationwide and get up to $189 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, SiriusXM, 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.

$300 SoulCycle At-Home Bike Credit

Get a $300 statement credit for the purchase of a SoulCycle at-home bike with your Platinum Card®. Must charge full price of bike in one transaction, and an Equinox+ subscription is required.

Terms Apply

Terms apply

Compared to Other Cards

American Express® Gold Card

Welcome Bonus:

Earn 60,000 Membership Rewards® points

after you spend $6,000 on eligible purchases with your new Card within the first 6 months. Terms Apply.

Annual Fee:

$250

Terms Apply. | Rates & Fees.

Learn More
The Business Platinum® Card from American Express

The Business Platinum Card® from American Express

Welcome Bonus:

Earn 120,000 Membership Rewards® points

after you spend $15,000 on eligible purchases with your Card within the first 3 months of Card Membership.

Annual Fee:

$695

Terms Apply. | Rates & Fees.

Learn More

Editorial Note

Content is not provided or commissioned by credit card issuers. Opinions expressed here are author's alone, not those of the credit card issuers, and have not been reviewed, approved or otherwise endorsed by the credit card issuers.