The Platinum Card® from American Express Review | CompareCredit

The Platinum Card® from American Express Review

By Thomas Donaldson

The Platinum Card® from American Express

(10 reviews)

  • 5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel. 5X Membership Rewards points on prepaid hotels booked on amextravel.com
  • 75,000 Membership Rewards® Points after you use your new Card to make $5,000 in purchases in your first 6 months
  • Enjoy access to the Global Lounge Collection & an annual $200 Airline Fee Credit
  • $550
  • Good, Excellent
  • AMEX
Product Details
  • Click "APPLY NOW" to apply online
  • Earn 75,000 Membership Rewards® Points after you spend $5,000 on purchases on your new Card in your first 6 months of Card Membership.
  • Earn 10x points on eligible purchases on your new Card at U.S. Gas Stations and U.S. Supermarkets, on up to $15,000 in combined purchases, during your first 6 months of Card Membership. That’s an additional 9 points on top of the 1 point you earn for these purchases.
  • 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 and Additional Centurion Cards only.
  • Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel. Starting January 1, 2021, earn 5X points on up to $500,000 on these purchases per calendar year.
  • 5X Membership Rewards® Points on prepaid hotels booked on amextravel.com.
  • Enjoy complimentary access to the Global Lounge Collection, the only credit card airport lounge access program that includes proprietary lounge locations around the world.
  • Receive complimentary benefits through American Express Travel with an average total value of $550 with Fine Hotels & Resorts® program at over 1,100 properties . Learn More.
  • Get up to $100 in statement credits annually for purchases at Saks Fifth Avenue on your Platinum Card®. That’s up to $50 in statement credits semi-annually. Enrollment required.
  • $550 annual fee.
  • Terms Apply.

Our Expert Review

Why We Like It


Offer Rating

5/ 5

By Our Editorial Team

Key Benefit

This card comes with an insane amount of perks and rewards – the points are just the beginning!

Editor

Packed to the brim with perks and rewards, The Platinum Card® from American Express is top tier travel credit card that lives up to its reputation. The Platinum Card® from American Express comes with an annual fee of $550, but as you start to unpack the long list of benefits it's easy to see how carrying this card can be worth it. To start off, new cardholders receive a generous welcome offer: Earn 75,000 Membership Rewards® Points after you use your new Card to make $5,000 in purchases in your first 6 months.

For ongoing rewards, you earn 5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel. 5X Membership Rewards points on prepaid hotels booked on amextravel.com. Since there is no limit on the amount of rewards you can earn, that generous rewards rate can bring in a lot of points for frequent travelers. Cardholders will also love the $200 Airline Fee Credit, up to $200 per calendar year in baggage fees and more at one qualifying airline. Those perks along could cover the cost of the annual fee each year!

But it doesn't stop there – another recently added perk is that cardholders will enjoy Uber VIP status and free rides in the U.S. up to $15 each month, plus a bonus $20 in December. That can be up to $200 in annual Uber savings. Plus, you get up to $100 in statement credits annually for purchases at Saks Fifth Avenue on your Platinum Card®. And the list goes on!

Pros & Cons

Pros

  • Generous welcome offer for new cardmembers
  • Earn up to 5X Membership Rewards® points on select purchases
  • Enjoy hundreds of dollars in credits for airlines, Uber, and more

Cons

  • Although the perks and rewards can make it worthwhile, the annual fee is quite steep
  • This is a charge card, so you must pay our balance off in full every month

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