If you're on a Galaxy Fold, consider unfolding your phone or viewing it in full screen to best optimize your experience.
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.
On American Express' Secure Website.
Terms apply
On American Express' Secure Website.
Terms apply
Good/Excellent (670-850)
Intro APR
Purchases: n/a
Balance Transfers: n/a
APR
See Pay Over Time APR
Rewards 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 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.
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.
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.
The The Platinum Card® from American Express earns:
Terms apply.
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.
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.
You earn up to $20 in statement credits per month when you use your card to pay for one or more of:
Enrollment required. Terms apply.
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.
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.
When you add this card to your Resy profile, you can unlock access to exclusive reservations and special dining experiences. Terms apply.
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.
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.
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.
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.
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.
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.
Get access to premium seats for eligible events (based on availability). Tickets can be purchased online, through an app, or by phone. Terms apply.
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.
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.
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):
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.
When you use this card internationally, you won't incur any extra fees. (See rates and fees.)
Seats on select flights booked with participating airlines may be eligible to be upgraded using your Membership Rewards points. Terms apply.
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:
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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
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 |
Discover will match all the cash back you’ve earned at the end of your first year. | 1% - 5% Cashback 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
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 |
$200 cash rewards Earn a $200 cash rewards bonus after spending $500 in purchases in the first 3 months. | 2% cash rewards Earn unlimited 2% cash rewards on purchases. |
Intro: 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 |
||
Apply Now for Bank of America® Travel Rewards credit card
On Bank of America's Secure Website. |
Rating image, 4.00 out of 5 stars.
4.00/5
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 |
25,000 points 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 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: 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) |
Apply Now for Bank of America® Travel Rewards credit card
On Bank of America's Secure Website. |
Some other questions we've answered:
We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Motley Fool Money is 100% owned and operated by The Motley Fool. Our knowledgeable team of personal finance editors and analysts are employed by The Motley Fool and held to the same set of publishing standards and editorial integrity while maintaining professional separation from the analysts and editors on other Motley Fool brands.
*Purchase Protection is an embedded benefit of your Card Membership and requires no enrollment. It can help protect Covered Purchases made on your Eligible Card when they’re accidentally damaged, stolen, or lost, for up to 90 days from the Covered Purchase date. The coverage is limited up to $10,000 per occurrence, up to $50,000 per Card Member account per calendar year. Coverage Limits Apply. Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.
**With Return Protection, you may return eligible purchases to American Express if the seller won't take them back up to 90 days from the date of purchase. American Express may refund the full purchase price excluding shipping and handling, up to $300 per item, up to a maximum of $1,000 per calendar year per Card account, if you purchased it entirely with your eligible American Express® Card. Purchases must be made in the U.S. or its territories. Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details.
***When an American Express® Card Member charges a Covered Purchase to an Eligible Card, Extended Warranty can provide up to one extra year added to the Original Manufacturer’s Warranty. Applies to warranties of five (5) years or less. Coverage is up to the actual amount charged to your Card for the item up to a maximum of $10,000; not to exceed $50,000 per Card Member account per calendar year. Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.
****Coverage for a Stolen or damaged Eligible Cellular Wireless Telephone is subject to the terms, conditions, exclusions and limits of liability of this benefit. The maximum liability is $800, per claim, per Eligible Card Account. Each claim is subject to a $50 deductible. Coverage is limited to two (2) claims per Eligible Card Account per 12 month period. Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.
*****Car Rental Loss and Damage Insurance can provide coverage up to $75,000 for theft of or damage to most rental vehicles when you use your eligible Card to reserve and pay for the entire eligible vehicle rental and decline the collision damage waiver or similar option offered by the Commercial Car Rental Company. This product provides secondary coverage and does not include liability coverage. Not all vehicle types or rentals are covered. Geographic restrictions apply. Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.
******Up to $500 per Covered Trip that is delayed for more than 6 hours; and 2 claims per Eligible Card per 12 consecutive month period. Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.
*******The maximum benefit amount for Trip Cancellation and Interruption Insurance is $10,000 per Covered Trip and $20,000 per Eligible Card per 12 consecutive month period. Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.
********Baggage Insurance Plan coverage can be in effect for Covered Persons for eligible lost, damaged, or stolen Baggage during their travel on a Common Carrier Vehicle (e.g. plane, train, ship, or bus) when the Entire Fare for a ticket for the trip (one-way or round-trip) is charged to an Eligible Card. Coverage can be provided for up to $2,000 for checked Baggage and up to a combined maximum of $3,000 for checked and carry-on Baggage, in excess of coverage provided by the Common Carrier. The coverage is also subject to a $3,000 aggregate limit per Covered Trip. For New York State residents, there is a $2,000 per bag/suitcase limit for each Covered Person with a $10,000 aggregate maximum for all Covered Persons per Covered Trip. Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.
*********You can rely on Global Assist Hotline 24 hours a day / 7 days a week for medical, legal, financial or other select emergency coordination and assistance services while traveling more than 100 miles away from your home. Plus, we may provide emergency medical transportation assistance and related services. Third-party service costs may be your responsibility. Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. If approved and coordinated by Premium Global Assist Hotline, emergency medical transportation assistance may be provided at no cost. In any other circumstance, Card Members may be responsible for the costs charged by third-party service providers.
For rates and fees for the The Platinum Card® from American Express, click here
The Motley Fool owns shares of and recommends Visa. The Motley Fool recommends Amex.