Benefits of the American Express Platinum Card
- Points: Rewards on spending. The Platinum Card® from American Express earns Membership Rewards points, which offer flexible redemption options that vary in value.
- Perks: Goodies that come with the card. The Platinum Card® from American Express offers a long list of perks, most of which require you to use the card to qualify ...
- More about the card. To view rates and fees of The Platinum Card® from American Express, see this page.
What are the perks of having an AMEX Platinum Card?
With The Platinum Card® from American Express, you are automatically granted elite status on two major hotel programs. First, once you enroll in the Hilton Honors program, you'll earn Hilton Honors Gold status, which offers exclusive benefits, such as an 80% points bonus and a free fifth award night benefit.
What are the perks of American Express Platinum?
Which benefits apply to additional cardholders?
- Lounge access. The first key benefit that additional Platinum Card cardholders will enjoy is lounge access — without the primary cardholder.
- Global Entry/TSA PreCheck application-fee credit. ...
- Marriott and Hilton elite status. ...
- Access to the Fine Hotels & Resorts and Hotel Collection. ...
- Car rental elite status. ...
- Other benefits. ...
Why you should have the American Express Platinum Card?
American Express Platinum Card Welcome Offer. You can currently earn 100,000 Membership Rewards points after spending $6,000 in purchases in the first six months of card membership. But you may be able to get much more. If you have never had an American Express credit card, you may be targeted for a welcome offer for up to 125,000 points via ...
What are some benefits to getting an American Express card?
- Fine Hotels + Resorts. ...
- $200 Hotel Credit. ...
- $179 CLEAR Credit. ...
- Fee Credit for Global Entry or TSA Pre✓®. ...
- Global Entry Fee Credit Option: Global Entry is a CBP program that allows expedited clearance for pre-approved, low-risk international travelers upon arrival in the United States.
What benefits do you get with American Express Platinum?
The Platinum Card® from American Express earns Membership Rewards points, which offer flexible redemption options that vary in value.A jet-setting welcome offer. ... Big travel rewards. ... Up to $200 in annual credit for airline incidental fees. ... Up to $200 in Uber cash for rides. ... Up to $200 in annual hotel credit.More items...
Is it worth it to get the platinum American Express card?
Is the Amex Platinum worth it? The American Express Platinum Card, known for its prestigious benefits and sleek appearance, is a card worth bragging about. Between the numerous travel benefits, reputable concierge service and consumer protections, the card is worth considering if you can stomach the steep annual fee.
Is Amex Platinum for rich?
The Platinum Card is destined for frequent travelers who intend to fully leverage the rich set of luxury travel benefits and Platinum Concierge service. In the right hands, the classic status card's staggering annual fee is well justified.
What does it mean to have a platinum American Express card?
The Amex Platinum is a premium credit card that offers a welcome bonus, luxury perks, and other value-added services. Cardholders benefit from Uber credits, airfare discounts, bonus points, cashback and much more. Unlike typical credit cards, this card allows you to carry a balance for certain charges, but not all.
What income do you need for Amex Platinum?
While there is no set score needed, we recommend you have a credit score of at least 720, 2 years of clean credit history, and an income of at least $50,000 per year to apply for the Amex Platinum card.
Is Amex Platinum hard to get?
It will be difficult for the average person to get the American Express Platinum card because of the card's 700+ credit score and reportedly high income requirements. Another reason why the American Express Platinum card may be hard to get is because of the card's daunting $695 annual fee.
How many people own an Amex Platinum?
Circulation figures for 2017 suggest that outside the U.S., there are about 400,000 Platinum Cards, and 84,000 Centurion Cards. In the United States, TimeInc reports that American Express Platinum Card and Centurion membership has increased 23% since 2010.
Is American Express Platinum a status symbol?
To be blunt, The Platinum Card® from American Express is a status symbol for a well-heeled, jet-setting minority – and for those fortunate enough to have ample corporate spending accounts. If you live frugally, Platinum isn't an ideal first, second, or even third card to carry.
What income do you need for Amex Gold?
American Express does not disclose a specific income requirement, but it will need to be enough to make payments on the card and to afford the $250 annual fee.
What is the highest level American Express card?
the Centurion cardThe highest level American Express card is the Centurion card, which is also known as the 'black card.
Does Amex Platinum affect credit score?
Because these cards don't have a preset limit, they will not impact your credit utilization ratio (how much of your credit limit you use). But the card will still impact your credit score in other ways—including whether you pay your bill on time.
Can I carry a balance on Amex Platinum?
The Platinum Card® from American Express was introduced as a charge card, meaning your balance was due in full every month. However, cardholders can now carry a balance on certain purchases with American Express's Pay Over Time feature, which allows the card to function more like a traditional credit card.
Centurion Lounge Access and More
What it is: Cardholders enjoy complimentary access to American Express Centurion lounge locations. If you’ve ever visited one, you’ll know why this...
Elite Status With Hilton and Starwood
What it is: The Platinum Card has offered complimentary Starwood Preferred Guest Gold status for some time, but more recently it added automatic Hi...
Global Entry Or TSA Precheck Fee Credit
What it is: This is definitely one of the Platinum Card benefits you shouldn’t leave on the table: Every four years, you get a credit to cover the...
Airport and In-Flight Internet
What it is: Cardholders get complimentary enrollment in the Boingo Preferred Plan, which includes unlimited access to Wi-Fi hotspots at airports ac...
American Express Concierge
What it is: If you’re still finalizing your travel resolutions for the year, consider making a vow to outsource more trip research to the Amex Plat...
American Express Fine Hotels & Resorts
What it is: A final benefit worth remembering as you plan out your year in travel is the Amex Fine Hotels & Resorts program (FHR), which, like the...
How many airport lounges can I access with the Amex Platinum card?
The Amex Platinum card is perhaps the best card for airport lounge access. You can get into 1,300+ lounges worldwide with this card including Prior...
How many Uber credits do I get with the Amex Platinum card?
Cardmembers will receive $15 per month of Uber credits and $35 in December. Credits do not rollover so you want to be sure to use them all up each...
How many points does the Amex Platinum card earn on purchases?
The Amex Platinum card earns points at the following rates: 5 points per dollar on airfare purchased directly from the airline 5 points per dollar...
What is the annual fee of the Amex Platinum card?
$695 per year.
Can I transfer Membership Rewards points to different airlines?
Yes, points you earn on the Amex Platinum card can be transferred to many different airline and hotel partners. Alternatively, you can also use you...
Do Amex Platinum card authorized users get lounge access?
Yes! Authorized users receive all of the lounge benefits as the primary cardholder. In fact, all authorized users even receive their own Priority P...
How much do Amex Platinum card authorized users cost?
You can add up to 3 authorized users to your Amex Platinum card for $175 total. Then, each additional authorized user costs $175.
How many points do you get with Incircle?
Enroll your card into InCircle, a Neiman Marcus and Bergdorf Goodman rewards program, and you can earn a $100 point card every time you earn 10,000 InCircle points. Points cards can be used to shop at Neiman Marcus, Bergdorf Goodman, Last Call, Horchow and CUSP.
How much credit does Equinox give?
Up to $300 Equinox credit. You'll get $25 per month in credit when you use the card to pay for eligible Equinox fitness club memberships. Eligible memberships include Equinox All Access, Destination or E by Equinox memberships. Or it can be applied to Equinox+, an on-demand fitness app.
What is the premium roadside assistance?
The Premium Roadside Assistance benefit offers help when you have an emergency on the road. You can call the number on the back of your card at any time of day. Eligible services include towing up to 10 miles, changing a flat or jump-starting a battery, and American Express pays for these services up to four times a year. Exclusions and terms apply.
How much is the American Express service fee?
There’s a $39 servicing fee per ticket.
Who is Melissa Lambarena?
To view rates and fees of The Platinum Card® from American Express, see this page. About the authors: Melissa Lambarena is a credit cards writer at NerdWallet. Her work has been featured by The Associated Press, New York Times, Washington Post and USA Today. Read more.
Does American Express offer medical assistance?
If you’re traveling farther than 100 miles from home, American Express offers around-the-clock medical, legal, financial or other select emergency and assistance services. This benefit may also provide emergency medical transportation assistance. You may be responsible for any costs charged by third-party service providers.
How much is Uber Cash Amex Platinum?
What it is: One of the more popular Amex Platinum perks is the annual Uber Cash of up to $200, allotted in $15 monthly increments except in December, when you’ll get a $35 credit ($15 plus a $20 bonus) for U.S. services.
What is Amex Platinum Card 2021?
To kick off 2021, American Express unveiled a limited-time pandemic-related benefit. Amex Platinum cardholders can receive up to $30 monthly PayPal credit through June 2021— up to a $180 total value. With thousands of online retailers (such as Target, Walmart, Home Depot, Walgreens and many more) allowing you to checkout and make purchases by using PayPal, this benefit should prove useful to many Amex Platinum cardholders. Note that person-to-person payments, gift card purchases and prepaid card reloads are not eligible for statement credits.
What is Amex Platinum?
What it is: The Amex Platinum has long been considered a top premium card, but it’s the 5x bonus categories that give it unmatched earning potential for certain travel purchases. You’ll earn 5x Membership Rewards points on airfare booked directly with the airline or through Amex Travel (on up to $500,000 per calendar year), ...
What is a platinum card?
What it is: The Platinum Card offers Gold Elite status in the Marriott Bonvoy program, along with Hilton Honors Gold elite status. Both hotel chains offer on-property benefits such as late checkout and bonus earnings on stays to elite members.
How many nights do you need to stay at Hilton Honors?
Hilton Honors Gold elite status — which usually requires 20 stays, 40 nights or earning 75,000 Honors base points — includes an 80% points bonus on stays, provides complimentary breakfast at most hotel brands and entitles you to space-available upgrades.
Can I use Amex Platinum from home?
In the long term, the Amex Platinum will provide you with a ton of value if you’re normally a frequent traveler. Related: No travel, no problem: 5 Amex Platinum benefits you can use from home. Let’s take a look at some of the card’s best perks, including an airline fee credit, a monthly Uber credit and much more.
How much is the American Express Platinum card worth?
Thanks to its generous benefits and its ability to earn valuable transferable American Express Membership Rewards points, it can be well worth the annual fee of $695 (see rates and fees ).
How much does American Express cover?
This warranty will cover up to $10,000 per itemwith a maximum of $50,000 in claims annually.
Does Amex Platinum have rental car insurance?
American Express provides secondary rental car insuranceon all rentals charged to your Amex Platinum card. Eligible rentals are covered for theft and damage up to $75,000 without increasing the cost of your car rental — just make sure to decline the damage waiver from the rental car company.
How much does a nonstop flight cost on British Airways?
A nonstop flight on British Airways cost $5,215, while the International Airline Program had tickets for $4,227. This resulted in an $898 (17.5%) discount on the trip, which is still a very good deal. The International Airline Program currently partners with the following airlines: Aeromexico.