The Platinum Card® from American Express
Basic Information
Program ID: platinum-card
Issuer: American Express
Card Type: Charge
Network: American Express
Card Tier: Platinum
Data Complete: Yes
Created: 01/07/2026 07:29
Last Scraped: 01/15/2026 05:25
Fee Structure
| Annual Fee: | $695.00 |
| Year 1 Waived: | No |
| Effective Annual Fee: | $0.00 |
| Authorized User Fee: | $195.00 |
| Penalty APR: | 0.00% |
Additional Fees
| 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
Purchase APR Range: 2,124.00% - 2,924.00%
Intro Purchase APR: 0.00%
Intro APR Duration: 0 months
Balance Transfer APR: 0.00%
Intro BT APR: 0.00%
Intro BT Duration: 0 months
Cash Advance APR: 2,999.00%
Sign-Up Bonus
Bonus Amount: $80,000.00
Spending Requirement: $8,000.00
Time Period: 180 days
Bonus Timing: Typically within 8-12 weeks after requirement is met, but often within 48-72 hours of statement closing after the spend threshold is met.
Rewards Program
Reward Type: Membership Rewards Points
Base Reward Rate: 1.00%
Bonus Reward Rate: 5.00%
Bonus Categories: 5x Flights (booked directly with airlines or Amex Travel), 5x Prepaid Hotels (booked via Amex Travel)
Point Value Estimate: 0.0200 cents/point
Expiration Policy: Points do not expire as long as the account is active and in good standing.
Transfer Partners: Delta SkyMiles, British Airways Executive Club, Air France/KLM Flying Blue, Emirates Skywards, Hilton Honors, Marriott Bonvoy, Singapore Airlines KrisFlyer, Virgin Atlantic Flying Club, etc.
Card Benefits
Protection Benefits
- Extended Warranty
- Purchase Protection
Travel Benefits
- Travel Insurance
- Primary Rental Protection
- Trip Delay Coverage
- Lost Luggage Coverage
- No Foreign Transaction Fees
Premium Benefits
- Airport Lounge Access
- Concierge Service
- Global Entry Credit: $100.00
- TSA PreCheck Credit: $85.00
- Hotel Status: Hilton Honors Gold, Marriott Bonvoy Gold Elite
Approval Criteria
Recommended FICO Range: 700 - 850
Approval Odds Category: Excellent
Pre-qualification Available
Soft Pull Supported
Hard Pull Bureau: Experian
Issuer Rules
Rules: Eligibility for the welcome bonus is generally restricted to applicants who have not previously held the Platinum Card from American Express. The 'once per lifetime' rule applies, meaning you can only receive the welcome bonus for this specific card product once. Additionally, American Express enforces an application limit of no more than two credit card applications within a 90-day period. Applicants are typically expected to have an excellent credit score (700+ FICO), a stable income, and a good credit history.
Maximum Cards Per Issuer: 5
Minimum Spend Interval: 6 months
Shutdown Risk Triggers: Manufactured spending, high cumulative credit limit across Amex products, rapid application for multiple cards, unusual spending patterns inconsistent with declared income, not utilizing cards after meeting welcome bonus spend, frequent credit limit increase requests, credit cycling, and failure to pay bills on time.
International Friendly
User Analytics & Insights
User Ratings
Average Rating: 4.2 / 5.0
Top Positive Feedback:
Excellent travel benefits including lounge access, airline and hotel credits, and premium concierge service. Strong welcome bonus and purchase protections.
Top Negative Feedback:
Very high annual fee, complex credit redemption process, and limited everyday spending rewards outside of travel categories.
Approval Experience Score: 85.0 / 100
Recommended Alternatives
- American Express Gold Card
- American Express Green Card
- Hilton Honors Aspire Card from American Express
Card Value Score: 90.0 / 100
Est. Annual Rewards: $1,700.00
User Portfolio Metrics
Avg Portfolio Size: 5 cards
Avg Portfolio Age: 150 months
Store vs Co-brand: 100% General / 0% Store
Risk Assessment
Default Risk Group: Low
Predicted Approval Probability: 80.0%
Terms Version Control
Version ID: 2024-01-01