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. ...
- Convenient features. ...
- Protections. ...
- 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.
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.
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 if someone has 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 is the income requirement 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.
What cards do billionaires use?
Many of these cards are available by invitation only, and stringent wealth requirements must be met to qualify for them.American Express Centurion Card. ... JP Morgan Chase Reserve Card. ... Dubai First Royal MasterCard. ... Stratus Rewards Visa Card. ... Coutts World Silk Card.
Is Amex platinum hard?
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.
What is the hardest American Express card to get?
The Centurion® Card from American ExpressThe Centurion® Card from American Express, sometimes referred to as the Black Card, may be the hardest credit card to get because you need a special invitation from Amex to apply and there's a high financial bar to getting the card. It's been reported the card requires a $7,500 "initiation fee" and a $2,500 annual fee.
Can I carry a balance on Amex Platinum?
The AMEX Platinum card is a charge card, meaning you can't carry a balance to the next billing period. You have to pay your card balance in full every month.
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 check income?
They will request tax returns and bank statements. What they're looking for is to make sure the income you reported on the application is true. The process typically takes 2-3 weeks, and you're assigned a specialist to talk to.
Does a black card mean you're rich?
'Black credit card' is the catch-all term usually used to describe the most exclusive credit cards available to the wealthiest individuals. They are given out by banks to high-earning, big-spending customers and offer impressive perks and very high or unlimited credit.
Is the Amex Platinum card metal?
The Platinum Card® from American Express is made from a combination of materials that includes stainless steel metal and has a heavier weight than the American Express® Gold Card, according to a company spokesperson.
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 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 ).
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), ...
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 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.
What are the benefits of American Express?
What it is: American Express offers shopping and travel protections when you use your card to make eligible purchases. These protections include: 1 Trip delay protection: If your trip is delayed by more than six hours because of a covered reason, you may be eligible to be reimbursed up to $500 per covered trip for reasonable additional expenses. 2 Trip cancellation and interruption protection: If you need to cancel or interrupt your trip because of a covered reason, you may be eligible for reimbursement of up to $10,000 per covered trip. 3 Extended warranty: Extends eligible manufacturer’s warranties of five years or less by up to one additional year. 4 Purchase protection: Protects recent purchases against theft, accidental damage or loss for up to 90 days from purchase date. 5 Return protection: If you try to return an eligible item within 90 days from the date of purchase and the merchant won’t take it back, American Express may refund the full purchase price (up to $300 per item).
Is Amex Platinum a good credit card?
The takeaway here is that though the Amex Platinum isn’t the best card to use for your everyday spending, the average consumer should have no trouble recouping their annual fee with the points they earn. Of course, if you spend more heavily on travel, especially if you’re lucky enough to be able to charge reimbursable business travel to your personal credit cards, this estimate might be too conservative. You’ll have to adjust the numbers to match your situation.
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.
Your all-new metal Platinum Card Benefits
Your Platinum Card now comes in a new, sleek design made of stainless steel giving you a differentiated look. Your Card number and expiry date can be found etched on the reverse of the Card.
Elite Tier Memberships
Your American Express Platinum Card fast-tracks you to the higher tiers of leading hotel loyalty programs around the world, without having to fulfil the usual qualifying criteria. Enjoy complimentary membership to these programs -
Increased Lounge Access
This is a new one to me, but apparently it opened in May 2017. Food is free for Platinum cardholders, but you do have to pay 50SEK (~$7) for drinks unless you hold a Centurion card. Reddit user sfryder08 has a nice picture gallery of some the menu and one of the food items. The lounge is airside at Terminal 5, between the A-Pier and the F-pier.
Miscellaneous
Gives you a bunch of different benefits at YYZ, including discounts on parking, free WiFi, priority security lane, priority taxi lane, lounge access and more.
Final Thoughts
I’m sure there are benefits I’m missing in the post (or details about benefits are incomplete) or please share your knowledge in the comments so we can improve this resource.
