Platinum Card Credit Card

Platinum Card

Last Updated: 02/24/2026

Rating
3.8 / 5
Sign Up Bonus
Up to 175,000 Points
Annual Fee
$895
Credit Score
Good

Summary

Sign-Up Bonus
2
Spending Multipliers
4.5
Credits & Features
4.5
Fees
2
Application
5
Issuer
NaN

The American Express Platinum Card is a premium travel rewards credit card designed for frequent travelers, luxury seekers, and high spenders who can maximize lifestyle and travel credits throughout the year. With one of the most extensive global airport lounge access networks of any mainstream card—plus elite status with Marriott Bonvoy and Hilton Honors, rental car privileges with Avis, Hertz, and National, and valuable protections like trip delay, trip cancellation, purchase protection (up to $10,000 per occurrence), extended warranty, cell phone protection, and no foreign transaction fees—the Platinum Card delivers exceptional value for those who travel often. Cardholders can offset the high annual fee through over $1,500 in annual credits, including up to $300 in semi-annual hotel credits, $200 airline fee credit, monthly Uber and entertainment credits, CLEAR Plus reimbursement, Global Entry or TSA PreCheck credit, Saks, Equinox+, Walmart+, Lululemon, Resy dining, and more—though many credits are niche and issued incrementally. While the card only earns 1x points on most everyday purchases and does not waive the annual fee in the first year, it is best suited for travelers who prioritize luxury perks, airport lounge access, hotel elite status, and premium travel protections over simple cash back or flat-rate rewards.

Pros

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Lots of credits to offset the annual fee
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Most extensive lounge access and travel benefits of nearly any mainstream rewards card available to the public
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Free companion card, but with reduced benefits
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No foreign transaction fee
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Cell phone protection
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Return protection up to $300 per item and $1,000 per calendar year
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Purchase protection up to $10,000 per occurrence and $50,000 per calendar year
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Extended warranty up to $10,000 per item and $50,000 per calendar year

Cons

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Welcome offer may not be available to all applicants
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Annual fee not waived in the first year
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Credits may not offset annual fee as they are niche perks
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Lots of credits are paid incrementally throughout the year
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1x catch all category
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$195 fee per additional authorized user card

Issuer

Spending Multipliers

Credits & Features

$300 semi-annual hotel credit
$15 monthly Uber/UberEats credit ($20 in December)
$120 annual Uber One Credit
$200 annual airline fee credit
$209 annual CLEAR Plus credit
$100 quarterly Resy Credit
$25 monthly entertainment credit
$75 quarterly Lululemon Credit
$12.95 monthly Walmart+ credit
$100 annual Saks credit
$200 annual Oura Ring Credit
$300 annual Equinox+ credit
$120 credit for Global Entry or TSA PreCheck every 4 years
Global airport lounge access
Global dinning access by Resy
Marriott Bonvoy Gold Elite status and Hilton Honors Gold status
Avis Preferred, Hertz Gold Plus Rewards, and/or National Car Rental Emerald Club status
Car Rental Loss and Damage Insurance coverage
Trip Delay Insurance
Trip Cancellation and Interruption Insurance

Application

  • Welcome offer can only be received once in a lifetime
  • Opening this might card effects your welcome offer eligibility on other cards in the same family
  • Number of hard pull are usually irrelevant for American Express
  • Consider having at least a credit history for 6 months and avoid applying to a different version of this card for at least 90 days

Fees

  • $895 Annual Fee
  • No Foreign Transaction Fee
  • Up to $40 late fee
  • Up to $40 return payment fee
  • 19.49% - 28.49% Variable APR
  • 28.74% APR for Cash Advance
  • $10 or 5% of each cash advance amount (whichever is greater)
See Full and Updated Rate & Fee Schedule During Application Process