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RATING

The Platinum Card® from American Express

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A choice option for people who spend a lot of time gazing from airplane windows or checking into hotels, the prestigious Platinum Card from American Express provides a bevy of high-end benefits. Despite a heavy annual fee, the profusion of perks makes this card feel worth it; you’ll get the best airport lounge access for a card, a variety of annual credits, and Marriott Bonvoy Gold Elite and Hilton Honors Gold statuses.

Enrollment required for select benefits; terms and limitations apply.

Apply Now Read Our Review

Enrollment required for select benefits; terms and limitations apply.

American Express is a Credit Card Insider advertiser.

(Rates & Fees)

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RUNNER UP Best No Foreign Transaction Fee Credit Cards
Our rating
Min. credit level: Good
Annual Fee: $695
Regular APR: See Pay Over Time APR

The Platinum Card® from American Express

Our rating
Good Min. credit level
$695 Annual Fee
Apply Now Read Our Review

Highlights & Features

(Rates & Fees)

Rewards

Spending Rewards
  • 5X Membership Rewards points per dollar on:
    • Flights booked directly through airlines or through Amex Travel (on up to $500,000 spent per calendar year, then 1X)
    • Prepaid hotels booked through Amex Travel
  • 2X Membership Rewards points per dollar on other eligible travel expenses booked through Amex Travel
  • 1X Membership Rewards point per dollar on other eligible purchases
Introductory Bonus
  • 100,000 bonus points for spending $6,000 in the first 6 months; 10X points on eligible purchases at restaurants worldwide and when you Shop Small in the U.S., on up to $25,000 in combined purchases, during the first 6 months

American Express Membership Rewards Travel Partners

Airline Partners

  • Aer Lingus
  • Aeromexico
  • Aeroplan
  • Air France / KLM
  • Alitalia MileMiglia
  • All Nippon Airways
  • Avianca LifeMiles
  • British Airways Executive Club
  • Cathay Pacific Asia Miles
  • Delta Sky Miles
  • EL AL
  • Emirates Skywards
  • Etihad Guest
  • Hawaiian Airlines
  • Iberia Plus
  • True Blue JetBlue
  • Qantas Frequent Flier
  • Singapore KrisFlyer
  • Virgin Atlantic Flying Club

Hotel Partners

  • Choice Privileges
  • Marriott Bonvoy™
  • Hilton Honors

Balance Transfers

A balance transfer is a way to move debt from one card to another with the goal of saving money on interest.

Intro Balance Transfer APR N/A
Regular Balance Transfer APR N/A
Balance Transfer Fee N/A
How to Transfer a Balance on a Credit Card

Fees

Penalty APR See Rates & Fees
Late Fee Up to $40
Returned Payment Fee Up to $40
Additional Cards Annual Fee $175 for first 3; then $175 per card
Foreign Transaction Fee None
Learn About Types of Credit Card Fees

Cash Advances

Borrowing cash on your card is a cash advance. Cash advances usually come with very high fees. Even worse, cash advances can signal to lenders that you’re being irresponsible with money.

Cash Advance APR 25.24% Variable
Cash Advance Fee Either $10 or 5% of the amount of each cash advance, whichever is greater
How to Get a Cash Advance with a Credit Card
The Platinum Card® from American Express

Highlights

(Rates & Fees)
  • 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 and 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.
  • $155 Walmart+ Credit: Cover the cost of a $12.95 monthly Walmart+ membership with a statement credit after you pay for Walmart+ each month with your Platinum Card. Cost includes $12.95 plus applicable local sales tax.
  • 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 select 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 is available to Basic Card Member only.
  • $300 Equinox Credit: Get up to $25 back each month on select Equinox memberships when you pay with your Platinum Card®. 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.
ABOUT THE ISSUER

American Express

American Express has several card types depending on your needs.

Manage your Account & Pay your Bill

You can usually pay your bill online on your

Credit card issuer's website

Speak to Customer Service

1-800-801-6564 or

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The Platinum Card® from American Express is a high-end luxury card, complete with perks and benefits fit for jet-setters. It’s often considered one of the most luxurious cards that the general public can apply for.

Cardholders will earn 5X Membership Rewards points per dollar on flights booked directly from airlines or through Amex Travel, and on eligible prepaid hotels through Amex Travel. 2X points are awarded for other eligible purchases from Amex Travel.

There’s a long list of great travel perks, including complimentary airport lounge access to a wide variety of lounge brands through the Global Lounge Collection, which includes Centurion Lounges, Priority Pass Select, Delta Sky Clubs, and more. Automatic Hilton Honors Gold status and Marriott Rewards Gold status are both included.

There are a number of annual credits to make use of, and a couple others:

  • $200 Uber credit
  • $100 Saks Fifth Avenue Credit
  • $100 Global Entry or $85 TSA Pre✓ Application Fee Credit
  • $100 hotel credit through The Hotel Collection (good for every eligible two-night stay)

From the best complimentary airport lounge access available on a card, a personal 24/7 concierge, and a laundry list of other rich benefits, the Platinum Card from American Express delivers on its rare metal namesake.

Enrollment is required to access certain benefits; terms and limitations apply.

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