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A Complete Guide to Amex Platinum Card Benefits

Review Updated
Lyle Daly
Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures that our product ratings are not influenced by compensation. Terms may apply to offers listed on this page.

In terms of features, The Platinum Card® from American Express offers more than just about any other card. You have access to a diverse mix of travel and lifestyle benefits, including over $1,000 per year in spending credits. Terms apply.

Those perks help balance out a hefty $695 annual fee (see rates and fees). But for this card to be a good deal, you need to make the most out of what it offers. Read on to learn about all the The Platinum Card® from American Express benefits.

The Platinum Card® from American Express
Apply Now for The Platinum Card® from American Express

On American Express' Secure Website.

Terms apply

Rates & Fees External Link Icon

Rating image, 4.50 out of 5 stars.
4.50/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Rating image, 4.50 out of 5 stars.
4.50/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Credit Score: Circle with letter I in it. Falling within this credit range does not guarantee approval by the issuer. An application must be submitted to the issuer for a potential approval decision. There are different types of credit scores and creditors use a variety of credit scores to make lending decisions.

Recommended Credit Score required for this offer is: Good/Excellent (670-850)
Apply Now for The Platinum Card® from American Express

On American Express' Secure Website.

Terms apply

Rates & Fees External Link Icon

Credit Score Circle with letter I in it. Falling within this credit range does not guarantee approval by the issuer. An application must be submitted to the issuer for a potential approval decision. There are different types of credit scores and creditors use a variety of credit scores to make lending decisions.

Good/Excellent (670-850)

Intro APR

Purchases: n/a

Balance Transfers: n/a

APR

See Pay Over Time APR

Rewards Circle with letter I in it. 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. Earn 1X Membership Rewards® Points on other purchases. Terms and limitations apply.

1X-5X Membership Rewards® Points

Annual Fee

$695

Welcome Offer Circle with letter I in it. Earn 80,000 Membership Rewards® Points after you spend $8,000 on eligible purchases on your new Card in your first 6 months of Card Membership.

80,000 Membership Rewards® Points

  • This luxury travel card has some of the most prestigious perks you'll find — access to over 1,400 airport lounges, elite status with Hilton and Marriott Bonvoy (enrollment required), and spending credits worth over $1,500 in value every year. Just be ready for the hefty annual fee, which can be offset in the first year with a welcome bonus worth $800 in points. Terms apply.

    • Big welcome offer
    • Substantial spending credits
    • Airport lounge access
    • Hotel benefits
    • Flexible travel points
    • Annual fee
    • Limited bonus categories
    • Spending credits can be complicated to manage
    • Earn 80,000 Membership Rewards® Points after you spend $8,000 on eligible purchases on your new Card in 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 up to $200 back in statement credits each year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings through American Express Travel using your Platinum Card®. The Hotel Collection requires a minimum two-night stay.
    • $240 Digital Entertainment Credit: Get up to $20 back in statement credits each month on eligible purchases made with your Platinum Card® on one or more of the following: Disney+, a Disney Bundle, ESPN+, Hulu, The New York Times, Peacock, and The Wall Street Journal. Enrollment required.
    • The American Express Global Lounge Collection® can provide an escape at the airport. With complimentary access to more than 1,400 airport lounges across 140 countries and counting, you have more airport lounge options than any other credit card issuer on the market. As of 03/2023.
    • $155 Walmart+ Credit: Save on eligible delivery fees, shipping, and more with a Walmart+ membership. Use your Platinum Card® to pay for a monthly Walmart+ membership and get up to $12.95 plus applicable taxes back on one membership (excluding Plus Ups) each month.
    • $200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees are charged by the airline to your Platinum Card®.
    • $200 Uber Cash: Platinum Card® Members can get out and about and explore their local area with $15 in Uber Cash for US rides each month, plus a bonus $20 in December. That can be up to $200 in annual Uber savings. Simply download the Uber app and add your Platinum Card® to your Uber account to get started. Available to Basic Card Member only. Effective 11/8/2024, an Amex Card must be selected as the payment method for your Uber or Uber Eats transaction to redeem the Amex Uber Cash benefit.
    • $199 CLEAR® Plus Credit: CLEAR® Plus helps to get you to your gate faster at 50+ airports nationwide and get up to $199 back per calendar year on your Membership (subject to auto-renewal) when you use your Card. CLEARLanes are available at 100+ airports, stadiums, and entertainment venues.
    • Receive either a $120 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.
    • Shop Saks with Platinum: Get up to $100 in statement credits annually for purchases in Saks Fifth Avenue stores or at saks.com on your Platinum Card®. That's up to $50 in statement credits semi-annually. Enrollment required.
    • Unlock access to exclusive reservations and special dining experiences with Global Dining Access by Resy when you add your Platinum Card® to your Resy profile.
    • $695 annual fee.
    • Apply with confidence. Know if you're approved for a Card with no impact to your credit score. If you're approved and you choose to accept this Card, your credit score may be impacted.
    • Terms Apply.
Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Trip delay and cancellation insurance and cell phone protection underwritten by New Hampshire Insurance Company, an AIG Company. Extended warranty, purchase protection, car rental insurance, and baggage insurance underwritten by AMEX Assurance Company.

Amex Platinum Card lifestyle benefits

While The Platinum Card® from American Express has always been known for luxury travel perks, that's not all it offers. It also includes quite a few lifestyle and shopping benefits, from spending credits with popular brands to excellent purchase protections. Terms apply. These features are part of why this is one of the best card offers for big spenders.

Welcome offer

The welcome bonus on this card is 80,000 points, earned after you spend $8,000 on purchases in the first 6 months of Card Membership. Terms apply. Given how useful American Express Membership Rewards points are, this deal is competitive with the best sign-up bonus offers.

Purchase rewards

The The Platinum Card® from American Express earns:

  • 5X points per dollar on flights booked directly with airlines or with American Express Travel, up to $500,000 on these purchases per calendar year
  • 5X points per dollar on prepaid hotels booked with American Express Travel
  • 1X points per dollar on other purchases

Terms apply.

Amex Offers

The Amex Offers & Benefits portal is one of the underrated perks of American Express cards, as it's home to all kinds of retailer deals and discounts. It includes offers for bonus points, discounts, and statement credits.

Walmart+ membership

The Platinum Card® from American Express offers a monthly statement of $12.95 when you use it to pay for a Walmart+ membership. Terms apply, enrollment required.

$240 annual digital entertainment credit

You earn up to $20 in statement credits per month when you use your card to pay for one or more of:

  • Peacock
  • Disney+, Hulu, ESPN, and/or the Disney Bundle
  • The New York Times
  • Audible

Enrollment required. Terms apply.

$100 in annual Saks Fifth Avenue credits

This card offers up to $100 in statement credits per year for purchases made at Saks Fifth Avenue and on saks.com. It's a two-part credit, offering $50 from January through June and another $50 from July through December every year. Enrollment required. Terms apply.

Platinum Card® Concierge

As a cardmember, you'll get access to a concierge who can assist you with everything from making dinner arrangements, purchasing tickets to events, and selecting a gift. Terms apply.

Global Dining Access by Resy

When you add this card to your Resy profile, you can unlock access to exclusive reservations and special dining experiences. Terms apply.

Purchase protection

Eligible items purchased with your card are covered in the event they're lost, stolen, or damaged within 90 days of the purchase date. The purchase protection* limits for this card are up to $10,000 per covered purchase and up to $50,000 per card per calendar year (and $500 per event in the event of a covered natural disaster). Terms apply.

Return protection

If you try to return an eligible item within 90 days of the purchase date and the seller won't take it back, American Express may refund the full purchase price up to $300, excluding shipping and handling. In addition to the $300 per item limit, return protection** also covers a maximum of $1,000 per calendar year per card account. The purchase must be made entirely with your eligible American Express card in the U.S. or in certain territories. Terms apply.

Extended warranty coverage

This card's extended warranty*** coverage adds up to one year on covered purchases with original manufacturer's warranties of five years or less. It covers up to the amount charged to your card for the purchase, with a maximum of $10,000 per item and $50,000 per card per calendar year. Terms apply.

Cellphone protection

When you pay your cellphone bill with The Platinum Card® from American Express, you get complimentary cellphone protection for covered damage or theft****. There's a limit of $800 per claim with a $50 deductible, as well as a maximum of two claims per 12-month period. Terms apply.

ShopRunner membership

Card benefits include free shipping for online purchases made with more than 100 eligible ShopRunner retailers. Purchases must be made with The Platinum Card® from American Express to qualify. Enrollment required. Terms apply.

By Invitation Only® access

American Express offers specially curated experiences for eligible The Platinum Card® from American Express Members. Events range from sporting and fashion to fine dining, art, and performances. Terms apply.

Preferred Seating

Get access to premium seats for eligible events (based on availability). Tickets can be purchased online, through an app, or by phone. Terms apply.

American Express Auto Purchasing Program

Through a partnership with TrueCar, qualifying Platinum Card® Members can receive a Guaranteed Savings Certificate good at participating dealerships. You can also use your Amex card to pay for at least $2,000 of the purchase amount (and potentially up to the full amount). Terms apply.

Amex Platinum Card travel benefits

When comparing cards by travel benefits, there aren't many that come close to The Platinum Card® from American Express. It offers flexible points, top-notch airport lounge access, elite status with multiple hotels, and much more. Terms apply.

American Express Membership Rewards points

One of the best benefits of The Platinum Card® from American Express for travelers is its transferable points. You can turn your points into frequent flyer miles or hotel rewards with any of these travel partners (terms apply):

  • Aer Lingus
  • Aeromexico
  • Air Canada
  • Air France/KLM
  • Alitalia
  • All Nippon Airways
  • Avianca
  • British Airways
  • Cathay Pacific
  • Delta Air Lines
  • Emirates
  • Etihad Airways
  • Hawaiian Airlines
  • Iberia
  • JetBlue Airways
  • Qantas
  • Singapore Airlines
  • Virgin Atlantic Airways
  • Choice Hotels
  • Hilton Honors
  • Marriott Bonvoy

Points can also be redeemed at a fixed rate toward travel purchases through American Express Travel. You can get up to $0.01 per point this way, with the value depending on the type of travel purchase. Terms apply.

It's usually better to transfer American Express Membership Rewards points, because you can get much more value. Using them through American Express Travel is a solid alternative if transferring them isn't an option for what you want to book.

No foreign transaction fees

When you use this card internationally, you won't incur any extra fees. (See rates and fees.)

Upgrade with points

Seats on select flights booked with participating airlines may be eligible to be upgraded using your Membership Rewards points. Terms apply.

Airport lounge access

The Platinum Card® from American Express offers unrivaled airport lounge access. It provides complimentary access to over 1,300 lounges across 140 countries. Terms apply and select enrollment required. Here are some of the types of lounges you'll be able to access:

  • The Centurion Lounge
  • The International American Express Lounges
  • Priority Pass
  • Escape Lounges
  • Delta Sky Club®
  • Plaza Premium
  • Air Space
  • Lufthansa (at select airports)

Other travel cards provide airport lounge access, but none get you into so many different lounges. American Express also has some of the most luxurious lounges. The Centurion Lounges, in particular, are extremely popular among frequent flyers.

Hilton and Marriott elite status

This card gets you complimentary Hilton Honors Gold status and Marriott Bonvoy Gold Elite status. Enrollment required. Terms apply. Elite hotel status can unlock perks like extra rewards, room upgrades, and a late checkout.

$200 in annual Uber Cash and Uber VIP status

After you add The Platinum Card® from American Express to your enrolled Uber account, you get up to $200 in annual Uber statement credits ($15 per month, plus an extra $20 in December). You'll also become an Uber VIP where available. Terms apply.

$200 annual hotel credit

You get $200 back in statement credits per calendar year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings with American Express Travel. You must pay with your The Platinum Card® from American Express and book for at least two nights. Terms apply.

Global Entry or TSA PreCheck credit

You receive a statement credit every four years for the Global Entry membership fee ($120) or every four and a half years for the TSA PreCheck membership fee ($85). Terms apply. These expedited security programs help you get through airport security more quickly.

Global Entry is the better option because it also gets you a TSA PreCheck membership.

CLEAR® credit

This card provides a statement credit of up to $199 per calendar year to cover the cost of a CLEAR® membership you're enrolled in. Terms apply. CLEAR® is an expedited security program that gets you to the front of airport security lines.

Avis, Hertz, and National Car Rental elite status

You're eligible to enroll in the Avis Preferred®, Hertz Gold Plus Rewards®, and National Car Rental® Emerald Club Executive programs through your The Platinum Card® from American Express account. Membership can unlock benefits like discounts, car upgrades, and priority service. Terms apply.

Car rental loss and damage insurance

When you use The Platinum Card® from American Express to reserve and pay for an eligible car rental, you'll get secondary rental car insurance coverage for damage or theft*****. Just make sure to decline the rental agency's insurance. Vehicle type restrictions and coverage limits apply. Terms apply.

Trip delay insurance

If a round-trip paid for entirely with your eligible Card is delayed by a covered reason for more than six hours, trip delay insurance****** can help reimburse eligible additional expenses you incur. Purchases must be made with the same eligible Card to qualify. Coverage limits are up to $500 per trip and a maximum of two claims per 12 consecutive month period. Terms, conditions, and limitations apply.

Trip cancellation and interruption insurance

If a round-trip paid for entirely with your eligible Card is canceled or interrupted by a covered reason, trip cancellation and interruption insurance******* can help reimburse nonrefundable expenses purchased with the same eligible Card. Coverage limits are up to $10,000 per trip and up to $20,000 per eligible Card per 12 consecutive month period. Terms apply.

Baggage insurance plan

If your baggage is lost, damaged, or stolen while traveling on a common carrier, this card's baggage insurance plan******** could reimburse you. You must pay the entire fare with your eligible Card for this protection to apply. Coverage limits are up to $2,000 per covered person for checked-in baggage and up to $3,000 per covered person for carried-on baggage. Terms apply.

$200 annual airline fee credit

You can enroll with one eligible airline to receive up to $200 in annual statement credits towards incidental fees. This includes checked bag fees and in-flight purchases paid for with The Platinum Card® from American Express. It doesn't cover airfare. Terms apply.

International Airline Program

This program offers discounted tickets for premium seats (first class, business, and premium economy) with qualifying airlines. You must book through American Express Travel and use The Platinum Card® from American Express to pay for the tickets. The Card Member must be part of the booking, and there's a limit of eight tickets per booking. Terms apply.

Premium Private Jet Program with Wheels Up

With The Platinum Card® from American Express, you receive 20% off a Wheels Up Connect membership or 40% off a Wheels Up Core membership you're enrolled in. Additional benefits include a $500 or $2,000 flight credit, depending on which membership you choose. Terms apply.

Premium Global Assist® Hotline

When you travel more than 100 miles from home, American Express provides a 24/7 hotline for medical, legal, financial, and emergency coordination and assistance. You may be responsible for costs charged by third-party service providers. Emergency medical transportation may be provided at no cost only if approved and coordinated by Premium Global Assist Hotline*********. Terms apply.

The bottom line on Amex Platinum Card benefits

You could save thousands of dollars every year and upgrade your travels with The Platinum Card® from American Express benefits. That's assuming you can use at least a portion of them.

Since The Platinum Card® from American Express has a hefty annual fee, it's especially important to make sure it's a good fit before applying. Review the benefits and see if you like them. If you can take advantage of its dozens of perks, this card packs substantial value.

Credit card comparison

We recommend comparing options to ensure the card you're selecting is the best fit for you. To make your search easier, here's a short list of standout credit cards.

Offer Our Rating Welcome Offer Rewards Program APR Learn More
Rating image, 5.00 out of 5 stars.
5.00/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
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= Poor
Best for cash back on rotating categories
Discover will match all the cash back you’ve earned at the end of your first year. 1% - 5% Cashback Circle with letter I in it. Earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases.

Intro:

Purchases: 0%, 15 months

Balance Transfers: 0%, 15 months

Regular: 18.49% - 27.49% Variable APR *Rates as of December 12, 2024.

Rating image, 5.00 out of 5 stars.
5.00/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Best for cash rewards on everyday spending
$200 cash rewards Circle with letter I in it. Earn a $200 cash rewards bonus after spending $500 in purchases in the first 3 months. 2% cash rewards Circle with letter I in it. Earn unlimited 2% cash rewards on purchases.

Intro: Circle with letter I in it. 0% intro APR for 12 months from account opening on purchases and qualifying balance transfers

Purchases: 0% intro APR, 12 months from account opening

Balance Transfers: 0% intro APR, 12 months from account opening on qualifying balance transfers

Regular: 19.24%, 24.24%, or 29.24% Variable APR

Rating image, 4.00 out of 5 stars.
4.00/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Best for unlimited rewards on purchases
25,000 points Circle with letter I in it. 25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening - that can be a $250 statement credit toward travel purchases 1.5 points per dollar Circle with letter I in it. Earn unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees, and your points don't expire as long as your account remains open.

Intro: Circle with letter I in it. 0% Intro APR for 15 billing cycles for purchases. 0% Intro APR for 15 billing cycles for any balance transfers made in the first 60 days. After the intro APR offer ends, 18.49% - 28.49% Variable APR on purchases and balance transfers will apply. A 3% fee for 60 days from account opening, then 4% fee applies to all balance transfers.

Purchases: 0% Intro APR for 15 billing cycles for purchases

Balance Transfers: 0% Intro APR for 15 billing cycles for any balance transfers made in the first 60 days

Regular: 18.49% - 28.49% (Variable)