The Platinum Card® from American Express
American Express American Express Platinum Pending
28
Benefits3
Reward Categories5x
Max Reward0%
APR FromBasic Information
PENDINGProgram ID: platinum-card
Issuer: American Express
Card Name: The Platinum Card® from American Express
Card Type: Charge
Network: American Express
Card Tier: Platinum
Approved: Pending
Data Complete: Complete
Rewards Program (Detailed) 3 Categories
PENDING| Category | Rate | Type | Description | Annual Cap | Status |
|---|---|---|---|---|---|
| Flights | 5x | Points | On flights booked directly with airlines or with American Express Travel | $500,000 | |
| Prepaid Hotels | 5x | Points | On prepaid hotels booked with American Express Travel | No Cap | |
| All Other Purchases | 1x | Points | On all other eligible purchases | No Cap |
Rewards Summary
PENDINGReward Type: Membership Rewards Points
Base Rate: 1x
Bonus Rate: 5x
Categories: 5x Flights (booked direct with airlines or Amex Travel), 5x Prepaid Hotels (booked via Amex Travel)
Quarterly Rotating: No
Cap Amount: $500,000.00
Expiration Policy: Points do not expire as long as your account is active and in good standing.
Point Value: 0.02¢
Travel Portal Multiplier: 1x
Transfer Partners: Delta SkyMiles, British Airways Executive Club, Air France/KLM Flying Blue, Emirates Skywards, Singapore Airlines KrisFlyer, Hilton Honors, Marriott Bonvoy
Redemption Penalties: Excise tax offset fee (0.0006 cents per point, up to $99) applies when transferring points to U.S. airline partners.
Benefits & Protections (Detailed) 28 Total
PENDINGCard Features 1
Additional Platinum Cards
N/AAdd up to 3 Additional Platinum Cards for a fee of $195 each, granting the same benefits as the Basic Card Member.
Fees & Charges 1
No Foreign Transaction Fees
N/ANo foreign transaction fees when using the Platinum Card® on purchases abroad.
Lifestyle Access 1
Concierge Service
N/AAssistance with restaurant reservations, event tickets, and more.
Lifestyle Credit 2
Digital Entertainment Credit
Up to $240 per calendar year ($20/month)Get up to $20 in statement credits each month (up to $240 per year) for eligible purchases from Audible, Disney+, The Disney Bundle, ESPN+, Hulu, Peacock, The New York Times, and SiriusXM.
Uber Cash
Up to $200 per calendar year ($15/month + $20 in Dec)Enjoy $15 in Uber Cash for rides or eats orders in the U.S. every month, plus a bonus $20 in December, delivered through an Uber account linked to your Platinum Card®.
Purchase Protection 4
Cell Phone Protection
Up to $800 per claim, $1,600 per 12-month period (2 claims)Coverage against damage or theft for your cell phone when you pay your monthly bill with the Platinum Card®. A $50 deductible applies. Coverage is limited to two (2) claims per 12-month period.
Extended Warranty
Up to $10,000 per item, up to $50,000 per account per calendar yearMay extend the original manufacturer's warranty for up to one additional year on eligible purchases.
Purchase Protection
Up to $10,000 per occurrence, up to $50,000 per account per calendar yearReimbursement for eligible items purchased with the Platinum Card® that are accidentally damaged, stolen, or lost within 90 days from the date of purchase.
Return Protection
Up to $300 per item, up to $1,000 per account per calendar yearIf a merchant won't accept a return of an eligible item within 90 days from the date of purchase, American Express may refund the full purchase price.
Rewards 3
5X Points on Flights
Up to $500,000 on these purchases per calendar year.Earn 5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel.
5X Points on Prepaid Hotels
N/AEarn 5X Membership Rewards® points on prepaid hotels booked with American Express Travel.
1X Points on Other Purchases
N/AEarn 1X Membership Rewards® point on all other eligible purchases.
Shopping Credit 2
Walmart+ Credit
Up to $155 per calendar year (approx. $12.95/month + tax)Cover the cost of a Walmart+ membership (excluding Plus Ups) with a statement credit after paying the monthly fee with the Platinum Card®.
Saks Fifth Avenue Credit
Up to $100 per calendar year ($50 semi-annually)Get up to $50 in statement credits semi-annually (up to $100 per year) for purchases made at Saks Fifth Avenue or saks.com.
Travel Access 3
Global Lounge Collection Access
More than 1,400 loungesComplimentary access to more than 1,400 airport lounges across 140 countries, including The Centurion® Lounge, Escape Lounges – The Centurion® Studio Partner, Delta Sky Club® (when flying Delta), Priority Pass™ Select Lounges, and Plaza Premium Lounges.
Fine Hotels + Resorts Program
Average total value of $600 in perksEnjoy an average total value of $600 in perks such as complimentary breakfast, a room upgrade when available, and a unique amenity at over 1,300 properties worldwide when you book through American Express Travel.
Car Rental Privileges
N/AEnjoy complimentary upgrades and discounts on car rentals with Avis, Hertz, and National Car Rental.
Travel Assistance 1
Global Assist Hotline
N/A24/7 emergency assistance and coordination services, including medical and legal referrals, emergency cash wires, and more, when traveling more than 100 miles from home.
Travel Credit 4
Airline Fee Credit
Up to $200 per calendar yearReceive up to $200 in statement credits per calendar year for incidental fees charged by one qualifying airline selected by the cardmember.
Hotel Credit
Up to $200 per calendar yearGet up to $200 in statement credits per calendar year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings with American Express Travel.
CLEAR Plus Credit
Up to $189 per calendar yearReceive a statement credit for your CLEAR® Plus membership.
Global Entry or TSA PreCheck Credit
Up to $100 (Global Entry) or $85 (TSA PreCheck)Receive a statement credit for an application fee for Global Entry ($100 every 4 years) or TSA PreCheck® ($85 every 4.5 years).
Travel Insurance 3
Trip Cancellation & Interruption Insurance
Up to $10,000 per trip, up to $20,000 per eligible account per 12-month periodReimbursement for non-refundable travel expenses if a covered trip is canceled or interrupted for a covered reason.
Trip Delay Insurance
Up to $500 per trip, maximum 2 claims per 12-month periodCoverage for expenses if a covered trip is delayed for more than 6 hours.
Car Rental Loss & Damage Insurance
N/ASecondary coverage for damage to or theft of a rental vehicle when you use your Platinum Card® to reserve and pay for the entire rental and decline the collision damage waiver (CDW).
Travel Status 2
Hilton Honors Gold Status
Gold StatusEnjoy complimentary Hilton Honors Gold Status.
Marriott Bonvoy Gold Elite Status
Gold Elite StatusEnjoy complimentary Marriott Bonvoy™ Gold Elite Status.
Wellness Credit 1
Equinox Credit
Up to $300 per calendar year ($25/month)Get up to $25 in statement credits each month (up to $300 per year) when paying for an eligible Equinox membership or digital app.
Benefits Summary (Flags)
PENDINGExtended Warranty
Purchase Protection
Cell Phone Protection
Travel Insurance
Primary Rental Protection
Airport Lounge Access
Trip Delay Coverage
Lost Luggage Coverage
Price Protection
Concierge Service
No Foreign Fees
ShopRunner
Global Entry Credit: $100
TSA PreCheck Credit: $85
Hotel Status: Hilton Honors Gold, Marriott Bonvoy Gold Elite
Sign-Up Bonus
PENDING125,000
Points/MilesRequirement: Spend $8,000 in 180 days
Timing: Typically within 8-12 weeks after requirement is met, but often within 48-72 hours of the statement closing date following the spend threshold being met.
Fee Structure
PENDING| Annual Fee: | $695.00 |
| Year 1 Waived: | No |
| Effective Annual Fee: | $255.00 |
| Authorized User Fee: | $195.00 |
| Penalty APR: | 0.30% |
| Min Interest Charge: | $2.00 |
Additional Fees
PENDING| Late Fee: | $40.00 |
| Returned Payment: | $40.00 |
| Balance Transfer: | N/A |
| Cash Advance: | Either $10 or 5% of the amount of each cash advance, whichever is greater |
| Foreign Transaction: | 0.00% |
Interest Rates & APR
PENDINGStandard APR
Purchase APR: 0% - 0%
Balance Transfer APR: 0%
Cash Advance APR: 29.99%
Intro APR Offers
Intro Purchase APR: 0% for 0 months
Intro BT APR: 0% for 0 months
Promo Financing: Plan It
Promo Duration: 12 months
Approval Criteria & Requirements
PENDINGCredit Score Requirements
Application Process
Issuer Rules & Policies
PENDINGRules: Welcome bonus eligibility is restricted to one per card product per lifetime. Applicants must generally possess a good to excellent credit score (typically 700+ FICO) and sufficient income. American Express also enforces an application velocity rule, limiting applicants to a maximum of 2 credit card applications within a 90-day period. This rule primarily applies to credit cards, though overall application volume can impact approval for charge cards like the Platinum.
Max Cards Per Issuer: 5
Min Spend Interval: 6 months
Cliff Effect Rules: The primary 'cliff effect' for the Platinum card is the 'once per lifetime' rule for its welcome bonus. This means if you have ever received a welcome bonus for the American Express Platinum Card (or a specific variant like the Business Platinum), you are generally ineligible to receive it again, regardless of how long ago you closed the account. This rule is distinct from 'family rules' that might apply to other Amex card families (e.g., different flavors of Gold cards).
International Friendly: Yes
User Analytics & Insights
PENDINGUser Ratings
Average Rating: 3.9 / 5.0
Top Positive:
Exceptional travel benefits including extensive lounge access, valuable statement credits for various services, and premium concierge service. Strong points earning on travel.
Top Negative:
High annual fee can be difficult to justify without maximizing all benefits. Some benefits require enrollment or specific vendors, making them complex to use. Limited bonus categories outside of travel.
Approval Experience: 90.0 / 100
Recommended Alternatives
- Chase Sapphire Reserve
- Capital One Venture X Rewards Credit Card
- The Amex Gold Card
Card Value Score: 88.0 / 100
Est. Annual Rewards: $1,500.00
Approval Probability: 85.0%
Version Control
PENDINGVersion ID: v1.0