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Platinum Card® from American Express review

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Advertiser Disclosure

Annual Fee
Interest Rate: Purchases
16.74% ‐ 23.74% (Variable)
Interest Rate: Purchases
16.74% ‐ 23.74% (Variable)
Balance Transfer
Balance Transfer
1 - 5 points
1 - 5 points
Signup Bonus
125000 points (after spending $6,000)
Signup Bonus
125000 points (after spending $6,000)

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 34 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 Platinum Card is one of the priciest rewards cards on the market. It offers average reward rates on flights and prepaid hotels booked through American Express Travel, and a nondescript flat rate on other purchases. These rates aren't enough to justify this card's price tag, but if you take advan...

- Joe Van Brussel, Cnet

This credit card is extremely popular among rewards credit card enthusiasts, and it’s easy to see why. Not only does it offer new cardholders a generous welcome bonus, but the perks alone could add up to eclipse the annual fee — but only if you already use services like Walmart+ and Uber enough to w...

- Ben Luthi, SlickDeals

The Platinum Card from American Express is designed for people who travel often and want to have a first-class experience every time. We’ll explain the card’s travel rewards program a little later on but for now, let’s focus on the various travel extras that members enjoy.

- Rebecca Lake, MyBankTracker

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,
Choose Fi
Choose Fi

If you love credit card rewards as much as we do, the Platinum Card® from American Express is definitely a card you want to have in your (RFID-blocking!) wallet when you’re traveling. Yes, you’ll need to spend a lot during the year to get the value out of the annual fee. But, if you already do this,...

- Choose Fi


Interest Rates
Regular APR Interest Rate 16.74% ‐ 23.74% (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 25.99% (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


Sign up bonus 125000 points after spending $6,000

On purchases within the first 6 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 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 a $25 statement credit each month when you pay for select monthly Equinox membership fees or Equinox+ with your card.
    • $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 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
    Minimum Security Deposit $0
    Minimum Age 18
    Minimum Personal Income
    Temporary Residents No
    Additional comments -
    Terms & Conditions Official Terms & Conditions
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