American Express Platinum Card® Review
August 15, 2019
Best for: frequent travelers looking for a luxury experience
If you appreciate the finer things in life, you’ll appreciate the massive array of perks that come with The Platinum Card® from American Express. But while the best things in life might be free, those Amex perks are certainly not. Be prepared to pay $550 a year for your Platinum Card.
The basics of The Platinum Card® from Amex
The Platinum Card’s standout features
The best way to use The Platinum Card from American Express
When you review The Platinum Card against your other credit card options, the first major differentiator is that relatively hefty annual membership fee. But if you travel regularly, it can more than pay for itself. Take just one trip a quarter where you score the $100 hotel credit at a hotel from The Hotel Collection. Then, use the full $200 of Uber Cash allotted to you throughout the year. In just two easy steps, your annual fee is paid.
The trick here is to make sure that any time you’re booking travel, you’re doing so through American Express. To make life easier for yourself, use their website to book whenever possible. And choose your favorite airline and stick with it whenever you can, since The Platinum Card only offers the $200 of annual airline fee credit towards a single airline of your choosing.
Good news: if you have questions, the American Express Member Services team is there to help. They’re famous for their quality, easy-to-access, 24/7 live customer service and are generally more than happy to walk you through booking your travel to maximize your rewards and benefits.
In a nutshell
If you’re not a frequent traveler, the $550 annual membership fee required by The Platinum Card is probably a deal-breaker. But if you regularly hit the road and you want to travel in style, the multitude of benefits — from access to over 1,200 airport lounges to credit at select hotels and credit for your TSA Pre✓ costs — more than make up for that once-a-year expense.
Plus, you get all of the other benefits that have long made Amex the go-to for premium credit card options. Those include 24/7 access to their Member Services team, protection for eligible purchases, rewards points for every dollar you spend and more.
If this would be your first credit card, it makes sense to look elsewhere. But if you’re ready to experience the finer things in life courtesy of your plastic, The Platinum Card from American Express is calling your name.