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Platinum Card® from American Express review

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Advertiser Disclosure

Annual Fee
$695.00
Interest Rate: Purchases
20.24% ‐ 27.24% (Variable) (0% for the first 6 months)
Interest Rate: Purchases
20.24% ‐ 27.24% (Variable) (0% for the first 6 months)
Balance Transfer
-
Balance Transfer
-
Rewards
1 - 5 points
Rewards
1 - 5 points
Signup Bonus
80000 points (after spending $6,000)
Signup Bonus
80000 points (after spending $6,000)


8.8/10
Informr score
The Platinum Card® from American Express currently has an Informr score of 8.8 out of 10. This score is based on our evaluation of 37 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...


MoneyGeek
MoneyGeek

Due to its travel rewards and benefits, this card is ideal for frequent flyers and international travelers.

- Brett Holzhauer, MoneyGeek
Bankrate
Bankrate

Amex’s enhanced Platinum Card luxury travel benefits, travel rewards and yearly credits are a fantastic value for frequent flyers since the perks nearly recoup the increased annual fee, but the price point is certainly steep if you’re not sure you’ll regularly maximize its features.

- Garrett Yarbrough, Bankrate
CardRatings.com
CardRatings.com

The Platinum Card® from American Express is a good card for travel rewards, but is specifically geared towards those that don’t mind a high annual fee. If you are an occasional traveler and don’t plan to take advantage of the perks offered by the card, it may not be a good fit for you. For people do...

- Jennifer Doss, CardRatings.com
Forbes
Forbes

No other card comes with as much perk-potential as The Platinum Card® from American Express. If you travel frequently and want to do so in style when you do, this card deserves a place in your wallet. But for anyone outside of a specific profile—an urban fitness buff who wants high rewards on flight...

- Robin Saks Frankel, Forbes
GOBankingRates
GOBankingRates

The American Express Platinum credit card is an excellent card for travelers, small business owners and anyone who is capable of spending responsibly and has some knowledge on how to leverage a credit card’s benefits to their advantage. Many consider getting approved for the card as a pinnacle in th...

- Cynthia Bowman, GOBankingRates

Details


Interest Rates
Regular APR Interest Rate 20.24% ‐ 27.24% (Variable) (0% for the first 6 months)
  • 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 29.49% (Variable)

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

Rates & Fees
Annual Fee $695.00
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

Maximum

Promotions
Sign up bonus 80000 points after spending $6,000

On purchases within the first 6 months

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

On eligible hotels booked on amextravel.com.

Travel 5 points per $1 spent (on first $500000 spent)

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

Pharmacy No
Bills No
Features & Benefits
Additional Card Holders
  • $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 Yes
    Concierge Service Yes
    Price Protection No
    Fraud Protection No
    Free Credit Scores No
    Wireless Payments Apple Pay, Samsung Pay, Google Pay
    Virtual Cards Yes
    Additional Benefits
    • $200 Hotel Credit
    • $200 Airline Fee Credit
    • $100 Global Entry or $85 TSA Pre✓
    • $155 Walmart+ credit
    • $200 Uber Cash
      • Receive $15 in Uber Cash for rides or eats orders in the US every month plus a bonus $20 in December. Also become an Uber VIP, where available, without meeting minimum ride requirements.
    • $300 with Equinox
      • Get up to $300 in statement credits each year on a digital or club membership at Equinox.
    • $240 Digital Entertainment Credit
      • Get up to $20 in statement credits each month for eligible purchases
    • Get up to $100 in statement credits annually for purchases at Saks Fifth Avenue or saks.com. That's up to $50 on a semi-annual basis.
    • Get up to $179 back per year on your membership with CLEAR®
    • Global Dining Access by Resy
    • The Global Lounge Collection®
    • International Airline Program
    • Fine Hotels & Resorts® Program
    • The Hotel Collection
    • Platinum Travel Service
    • Marriott Bonvoy™ Gold Elite Status
    • Hilton Honors Gold Status
    • Premium Car Rental Status
    • Premium Global Assist® Hotline
    • Trip Delay Insurance
    • Trip Cancellation and Interruption Insurance
    • By Invitation Only®
    • Preferred Seating
    • Return Protection
    • For every 10,000 InCircle points you receive, you will get a $100 InCircle Point Card
    Eligibility
    Minimum Security Deposit $0
    Minimum Age 18
    Minimum Personal Income
    Temporary Residents No
    More
    Additional comments -
    Terms & Conditions Official Terms & Conditions
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