Platinum Card® from American Express review

Compare Compare  
Advertiser Disclosure

Interest Rate: Purchases
15.99% ‐ 22.99% (Variable)
Balance Transfer
1 - 5 points
Signup Bonus
70000 points (after spending $5,000)

Informr score
The Platinum Card® from American Express currently has an Informr score of 8.3 out of 10. This score is based on our evaluation of 32 sources including reviews from users and the web's most trusted critics.

Am I eligible?

Platinum Card® from American Express is typically available to those with excellent credit scores (650 or greater).
To get this card, you must also:
Yes Be a permanent or temporary resident of USA

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...


The Amex Platinum Card is one of the most prestigious credit cards out there. And for good reason. It’s absolutely loaded with valuable perks and has a lot to offer travelers.

- Daniel Gillaspia, UponArriving
The Wirecutter

The Platinum is key to a glitzier life. You can earn outstanding rewards on airfare and hotel purchases, receive top-rated customer service, and enjoy sterling perks, including access to Amex’s famed Centurion Lounge network.

- Louis Denicola, The Wirecutter
Credit Card Insider

The American Express Platinum is the original high-end travel card. For its high annual fee, you’ll get access to an equivalently strong benefits package. That includes various credits and enrollment in airport lounge and hotel programs that help you save money and make traveling a breeze.

- Brendan Harkness, Credit Card Insider

The Platinum Card from American Express is a premium travel card that offers benefits commensurate with its $550 fee, at least for frequent travelers. It offers an exceptional 5 points per dollar spent on hotels/airfare when booked through Amex travel on eligible flights and hotel purchases and an o...

- Jeremy Zafiros, Investopedia
One Mile at a Time

I think it can definitely be worth getting, though I also do think most people are using this card wrong. This isn’t a card you should be using for all of your credit card spending, but rather it’s a card you should get for the perks that it offers, as well as the 5x points on airfare. For a frequen...

- Lucky, One Mile at a Time


Interest Rates
Regular APR Interest Rate 15.99% ‐ 22.99% (Variable)
  • This APR will vary with the market based on the Prime Rate.
  • For pay over time feature
Balance Transfer Interest Rate

No interest charges because you pay your balance in full each month.

Cash Advance Interest Rate 25.24% (Variable)

This APR will vary with the market based on the Prime Rate.

Rates & Fees
Annual Fee $550.00
Balance Transfer Fee $0.00
Cash Advance Fee 5%

Minimum of $10

Foreign Transaction Fee $0.00
Over Limit Fee $0.00
Late Payment Fee $40.00


Sign up bonus 70000 points after spending $5,000

On purchases within the first 3 months.

All Purchases 1 point per $1 spent
Restaurants No
Gas No
Groceries No
Hotels 5 points per $1 spent

On eligible hotels booked on

Travel 5 points per $1 spent

On flights booked directly with airlines or with American Express Travel.

Pharmacy No
Bills No
Additional Details

Enjoy $15 in Uber credits for U.S. rides each month plus a bonus $20 in December, simply because you're a Platinum Card Member.

Features & Benefits
Additional Card Holders Yes
  • $175 for up to 3 Additional Cards
  • Annual fee for the 4th or more Additional Cards is $175 for each Card
  • Travel Accident Insurance No
    Car Rental Insurance Yes
    Car Rental Discount Yes
    Extended Warranty Yes
    Purchase Protection Yes
    Zero Liability No
    No Foreign Transaction Fees Yes
    Emergency Assistance No
    Concierge Service Yes
    Price Protection No
    Fraud Protection No
    Free Credit Scores Yes
    Wireless Payments No
    Virtual Cards Yes
    Additional Benefits
    • Enjoy access to the Global Lounge Collection.
    • $200 airline fee credit
    • $100 fee credit for global entry or TSA Pre.
    • $100 Saks Fifth Avenue benefit
    • Upgrade to Starwood Gold Elite Status without meeting any stay requirements
    • Trip Cancellation and Interruption Insurance
    • Trip Delay Insurance
    • Return Protection
    • Earn up to $20 per month in statement credits on select U.S. Streaming subscriptions
    • Earn up to $20 per month in statement credits on wireless phone service charges made directly with U.S. wireless telephone service providers
    Minimum Security Deposit $0
    Minimum Age 18
    Minimum Personal Income
    Temporary Residents No
    Additional comments
    Terms & Conditions Official Terms & Conditions
    Suggest a correction

    Disclaimer: All products, logos, images and trademarks are the property of their respective owners. Content is not provided or commissioned by any company mentioned. Any views, analyses, or recommendations expressed here are those of the author's alone, and may not have been reviewed, approved or otherwise endorsed by any company mentioned.

    Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

    The Informr is an independent, advertising supported website and may receive compensation for sponsorships or when you click on certain affiliated links.

    Use this card?

    Help inform others by sharing your experience with Platinum Card® from American Express

    Rate It: