Overview Of The Platinum Card® From American Express 0

The Platinum Card® from American Express is one of the top tier premium credit cards on the market; you can learn more about the card and see how it compares to other premium cards like the X. The Amex Platinum delivers a huge array of perks and benefits, including a welcome bonus of 60,000 Membership Rewards points, 5X on travel, complimentary airport lounge access with Priority Pass Select membership, no foreign transaction fees, and much, much more. When you read more about the Amex Platinum it will come as no surprise that it comes with a hefty $550 annual fee.

Card Overview

  • 60,000 Membership Rewards points welcome bonus when you spend $5,000 in the first 3 months of account opening
  • Complimentary airport lounge access with Priority Pass Select membership
  • Access to Amex Centurion lounges and Delta Sky Clubs when traveling Delta
  • Earn 5X on travel and on airfare for spending with airlines directly and through Amex Travel
  • Earn 5X at Amex Travel when booking eligible hotels
  • No foreign transaction fees
  • $200 worth of Uber credits annually
  • $200 statement credit for airline incidental fees annually
  • $100 statement credit on purchases at Saks Fifth Avenue
  • $100 statement credit when applying for Global Entry trusted traveler program
  • Access to Amex Platinum Concierge services, and the Amex Platinum Dining program
  • Provides access to the Amex Fine Hotels & Resorts worldwide collection of properties
  • Complimentary hotel Elite status with Marriott Rewards and Hilton Honors
  • Complimentary car rental Elite status with Avis, Hertz, and National Car Rental
  • Complimentary unlimited Boingo Wi-Fi- requires enrollment in the Boingo American Express Preferred Plan
  • $550 annual fee

The above list of perks and benefits is by no means exhaustive, you can read more to find out the full perks and benefits of The Platinum Card® from American Express.

Welcome Bonus

The Platinum Card® from American Express comes with a generous welcome bonus of 60,000 Membership Rewards points. To earn the welcome bonus, you need to spend $5,000 in the first three months of account opening. You can leverage your points for some great value either by using them to book travel awards directly with American Express or via transferring them to one of American Express Membership Rewards’ travel partners.

Unbeatable Lounge Access

When you learn more about the Amex Platinum, you find out that the card is king when it comes to lounge access. Apart from Priority Pass Select membership and Amex Centurion lounge access, the card offers a huge array of lounge access options including:

  • Delta Sky Clubs when flying Delta
  • Virgin lounges when flying Virgin Australia
  • Access to International American Express lounges at international destinations including Mexico City, Hong Kong, and Sydney amongst others
  • When traveling by Eurostar, you can access the Business Premier lounges in Brussels, Paris, and London.
  • When flying Lufthansa, Swiss, or Austrian you can access the Lufthansa lounges in Munich
  • Access to the Plaza Premium network of lounges
Lufthansa Munich lounge
Lufthansa Munich lounge

Great Earning On Airfares

If you book lots of flights directly with airlines (not through travel agents) the Amex Platinum offers you the option to earn an industry leading 5X per dollar spent with airlines, which produces some great returns and value for your airfare purchases. The bonus works globally and when combined with the fact the card charges no foreign transaction fees, means you get great value when booking international travel with non-US airlines. You can read more to find out about The Platinum Card® from American Express.

Valuable Statement Credits

When you read more, you find out that The Platinum Card® from American Express comes with a host of very valuable statement credit every year. Every year you are eligible for the following statement credit:

  • $200 worth of Uber credits
  • $200 statement credit for airline incidental fees
  • $100 statement credit on purchases at Saks Fifth Avenue
  • $100 statement credit when applying for Global Entry trusted traveler program

If you maximize your credits every year you will receive an impressive $600 of value; this alone more than makes up for the card’s $550 annual fee.

Hotel & Car Elite Status

If you use hotels regularly, but your stay patterns and spending do not allow you to reach top or mid-tier Elite status, The Platinum Card® from American Express can provide you with a shortcut to enjoying the benefits of status without being able to meet the full requirements. learn more and you will find that the Amex Platinum provides the following levels of Elite status in hotel and car hire loyalty programs:

  • Marriott Rewards Gold Status
  • Hilton Honors Gold Status
  • Avis Preferred Status
  • National Car Rental Emerald Club Executive status
  • Hertz Gold Plus Rewards status
St Pierre Marriott hotel and country club
St Pierre Marriott Hotel and Country Club

Annual Fee

The Platinum Card® from American Express comes with a hefty annual fee of $550. While this may seem expensive, it pales in comparison to the huge host of benefits offered by the card.

Welcome Bonus Restrictions

American Express has introduced a host of restrictions on its card applications. If you have held the Amex Platinum in the past and received a welcome bonus, you will be ineligible to receive a new welcome bonus if you sign up for the card a second time.

Redemption Options

When it comes to redeeming American Express Membership Rewards, you have a wide range of options. You can use the points directly with American Express or you can transfer them to various airline and hotel partners. Remember Membership Rewards runs regular promotions offering a transfer bonus to various Frequent Flyer programs. So, if you are flexible, you can always keep an eye out and wait for a transfer bonus to come along.

Singapore 777
The Boeing 777 aircraft was left grounded after the pilot was discovered to be over the legal limit

Final Thoughts

The Platinum Card® from American Express can provide tremendous benefits to frequent flyers and travelers, and is one of the top premium cards on the market. However, it comes with a hefty $550 annual fee, so you will have to read more and see if you can make the card work for you.

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