Relating to premium journey rewards playing cards, these days, shoppers have a number of choices.
Most of those playing cards cost excessive annual charges, however they’ve advantages, assertion credit and bonus-earning classes to assist offset these charges.
The Platinum Card® from American Categorical is without doubt one of the prime premium playing cards presently available on the market with a brand new $895 annual payment (see charges and costs). The cardboard was lately refreshed, that includes new and enhanced assertion credit.
However is it price shelling out a whole bunch of {dollars}? Here is methods to resolve if it is worthy of a spot in your pockets.
Amex Platinum assertion credit and perks
The Amex Platinum provides a laundry checklist of assertion credit that may assist scale back the annual payment value. These credit quantity to over $3,500 in worth per yr, greater than triple the cardboard’s annual payment.
Let’s study these credit individually and how one can absolutely benefit from them.
Lodge assertion credit score
Potential annual worth: As much as $600
Cardmembers obtain as much as $600 in assertion credit every calendar yr ($300 semiannually) when reserving a pay as you go keep through American Categorical Positive Motels + Resorts or The Lodge Assortment on American Categorical Journey®. Word {that a} minimal keep of two nights is required in case you’re reserving by The Lodge Assortment. Enrollment is required.
By absolutely utilizing this credit score, you can cowl greater than two-thirds of the annual payment value, bringing down the efficient value to simply $295. It is necessary to notice that resorts in this system are typically on the pricier facet, as most are luxurious resorts.
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Associated: 10 resorts the place your Amex Platinum lodge credit score covers half (or extra) of your keep
Resy
Potential annual worth: As much as $400
Cardmembers obtain an as much as $400 annual Resy credit score (as much as $100 per quarter). To make use of this credit score, simply pay along with your Amex Platinum at an eligible U.S. Resy restaurant; no reservation is required. Enrollment is required. This credit score alone nearly covers half of the annual payment.
It’s extremely straightforward to make use of, and you could not even understand you are utilizing it. Extra eating places are on Resy than you could suppose, with over 10,000 collaborating within the U.S.
Associated: How I get this month-to-month credit score on my Delta Amex with out even attempting
Uber Money
Potential annual worth: As much as $200
Cardmembers obtain as much as $200 in Uber Money per calendar yr towards U.S. rides and Uber Eats orders. Cardmembers also can register for complimentary Uber VIP standing, which provides entry to higher vehicles and better-rated drivers in choose areas.
You could hyperlink your Platinum Card to your Uber account to benefit from this profit. As soon as that is carried out, you will robotically obtain $15 in Uber Money every month, aside from December, when the Uber Money will increase to $35. Word that this Uber Money doesn’t roll over in case you do not use it.
Uber One assertion credit score
Potential annual worth: As much as $120
Cardmembers additionally obtain an annual as much as $120 assertion credit score that absolutely covers an auto-renewing $96 annual or $9.99 month-to-month Uber One membership. Enrollment is required. Merely pay for an Uber One membership along with your Platinum Card.
Uber One consists of advantages like free supply and decreased service charges on Uber Eats orders and money again on Uber rides.
Associated: Frequent Uber or Lyft person? These are the very best bank cards for you
Digital leisure assertion credit score
Potential annual worth: As much as $300
Amex provides cardmembers a digital leisure assertion credit score that gives reimbursement for a wide range of streaming and leisure companies, together with:
- Peacock
- The New York Occasions
- Disney+, ESPN+ and Hulu or a Disney+ Bundle
- The Wall Avenue Journal
- Paramount+
- YouTube Premium
- YouTube TV
You may combine and match the way you’d wish to benefit from this, however you will earn as much as $25 in month-to-month assertion credit. Enrollment is required.
Associated: Greatest bank cards for streaming service subscriptions
Lululemon assertion credit score
Potential annual worth: As much as $300
The cardboard’s quarterly as much as $75 Lululemon assertion credit score can be utilized at U.S. Lululemon shops (excluding shops) and on-line. Enrollment is required. Bear in mind to make use of this quarter’s credit earlier than September is over.
If you happen to do not store at Lululemon, the model provides loads of objects you can reward to family members, particularly with the vacation season quick approaching. Some knowledge factors on Reddit even present that buying a present card in-store can even set off this credit score.
Associated: 10 TPG-recommended objects to purchase along with your $75 Amex Platinum Lululemon credit score earlier than Q3 ends
Equinox assertion credit score and SoulCycle at house
Potential annual worth: As much as $300
Persevering with on with the fitness- and lifestyle-focused credit, whenever you pay on your eligible Equinox membership or Equinox+ membership, you will obtain as much as $300 in assertion credit annually (topic to auto-renewal).
Equinox+ prices $40 per thirty days and could also be helpful to those that do not dwell close to a bodily Equinox location. Some Reddit customers have reported that this credit score was triggered after making purchases at an Equinox spa.
You can even use this credit score to obtain as much as $300 in assertion credit towards the acquisition of a SoulCycle bike (as much as 15 bikes per calendar yr). You have to be enrolled in an Equinox+ membership to be eligible to obtain this profit. Purchases have to be made by this hyperlink to obtain the assertion credit score.
SoulCycle bikes value $2,500, so this credit score successfully features as a $300 low cost. Bikes have to be full-priced to obtain the credit score except you benefit from an Amex Supply on SoulCycle. Enrollment is required.
Associated: The 8 greatest bank cards to maximise health spending
Clear Plus membership assertion credit score
Potential annual worth: As much as $209
Amex Platinum Card members also can save time and stress when transiting by airports with the cardboard’s annual as much as $209 Clear Plus assertion credit score (topic to auto-renewal). Enrollment is required.
Clear Plus enables you to use biometric kiosks for identification functions and skip exhibiting the Transportation Safety Administration agent your journey identification paperwork. The membership program, paired with TSA PreCheck, is an absolute sport changer when flying.
Associated: What’s Clear airport safety — and is it price it?
Airline payment assertion credit score
Potential annual worth: As much as $200
This is without doubt one of the most elementary but barely complicated (to some) advantages of the Amex Platinum. Every calendar (not account anniversary) yr, cardmembers can stand up to $200 again in assertion credit towards incidental charges on a single U.S. airline you designate. Enrollment is required.
Technically, this credit score is supposed for use towards costs reminiscent of checked baggage charges, seat project charges, airline lounge passes and comparable bills.
Nonetheless, relying on how airways code sure purchases, additionally it is generally doable to buy airline reward playing cards to make use of towards tickets and be reimbursed through the airline payment credit score (though it is price noting that this could change unexpectedly).
Oura assertion credit score
Potential annual worth: As much as $200
Cardmembers obtain an as much as $200 annual Oura assertion credit score. This credit score can solely be used on {hardware} purchases. Oura rings are good rings that observe a wide range of well being and health knowledge. Consider an Apple watch, simply in ring type.
The earlier third-generation Oura ring begins at $199, so in case you do not thoughts final yr’s mannequin, the credit score would absolutely cowl it. Enrollment is required.
Saks Fifth Avenue assertion credit score
Potential annual worth: As much as $100
The cardboard’s Saks Fifth Avenue credit score is offered within the type of two as much as $50 assertion credit per yr. Annually, you may get one as much as $50 assertion credit score for Saks purchases between Jan. 1 and June 30 and one other as much as $50 assertion credit score for purchases between July 1 and Dec. 31.
There isn’t any minimal buy required, and enrollment is required.
If you happen to do not store at Saks your self, you may nonetheless purchase items for others.
Associated: Your information to the Amex Platinum Saks Fifth Avenue credit score
Walmart+ assertion credit score
Potential annual worth: As much as $155
One other profit is the as much as $155 in annual assertion credit (allotted as as much as $12.95 per thirty days plus tax) for a month-to-month Walmart+ membership (topic to auto-renewal). Enrollment is required. Plus Up Advantages will not be eligible.
Walmart+ membership consists of the choice for a Peacock or Paramount+ subscription (separate enrollment is required for Paramount+), so ensure to not use your digital leisure credit score on a kind of companies except you’d wish to improve to an ad-free model.
Associated: Walmart Money rewards program: Methods to earn ‘money,’ save in your invoice and luxuriate in perks
International Entry or TSA PreCheck assertion credit score
Potential annual worth: As much as $30 a yr
Frequent vacationers will get pleasure from these packages providing expedited airport safety or expedited entry into the U.S. Once you pay the $120 International Entry utility payment each 4 years utilizing your card or the as much as $85 TSA PreCheck payment each 4 1/2 years utilizing your card, you will obtain the payment again as a press release credit score, as much as $120.
You need to at all times go for International Entry, because it consists of TSA PreCheck.
Associated: 14 issues to find out about International Entry
Different Amex Platinum Card advantages
The assertion credit talked about above can simply offset the cardboard’s annual payment. Nonetheless, even if you cannot use all of the credit — maybe as a result of you may’t entry Equinox areas, you do not like purchasing at Lululemon or Saks, or you may’t discover anybody to make use of the International Entry/TSA PreCheck credit score that seemingly comes with many journey playing cards — it is nonetheless doable that the cardboard’s different perks and incomes potential will present sufficient worth to justify the hefty annual payment.
Different key advantages embody:
- Bonus classes: Cardmembers earn 5 factors per greenback spent on airfare when booked instantly with airways or with American Categorical Journey® (on as much as $500,000 of those purchases per calendar yr, then 1 level per greenback spent) and 5 factors per greenback spent on pay as you go resorts booked on amextravel.com, together with pay as you go Amex Positive Motels + Resorts bookings made on-line.
- Lounge entry: Eligible cardmembers obtain entry to the International Lounge Assortment, which provides the very best airport lounge entry available on the market. It consists of Precedence Move Choose membership and entry to Delta Sky Golf equipment (entry is proscribed to 10 visits annually except you spend $75,000 or extra in a calendar yr), Escape lounges, Aspire lounges, Plaza Premium lounges, Centurion Lounges, choose Lufthansa lounges and Worldwide American Categorical Lounges.
- Lodge elite standing: Cardmembers obtain complimentary gold standing with Hilton Honors and Marriott Bonvoy, in addition to Leaders Membership Sterling standing with The Main Motels of the World.
- Rental automobile advantages: Obtain complimentary rental automobile elite standing with Avis, Hertz and Nationwide. Plus, obtain reductions when reserving by Hertz. You will additionally obtain rental automobile insurance coverage as a cardmember.*
- Journey protections: Cardmembers obtain journey protections like journey cancellation, interruption and delay insurance coverage.** Nonetheless, they do not obtain baggage delay reimbursement.
Enrollment is required for choose advantages.
*Eligibility and profit stage varies by card. Not all car varieties or leases are lined, and geographic restrictions apply. Phrases, situations and limitations apply. Go to americanexpress.com/benefitsguide for particulars. Insurance policies are underwritten by AMEX Assurance Firm. Protection is obtainable by American Categorical Journey Associated Companies Firm, Inc.
**Eligibility and profit stage varies by card. Phrases, situations and limitations apply. Go to americanexpress.com/benefitsguide for particulars. Insurance policies are underwritten by New Hampshire Insurance coverage Firm, an AIG Firm.
There are different advantages cardmembers could possibly extract much more worth from.
Plus, you’ll get immense worth from the cardboard’s profitable welcome provide.
New cardmembers can discover out their provide and see in the event that they’re eligible for as excessive as 175,000 bonus factors after spending $8,000 on purchases inside the first six months of card membership. Welcome provides range, and also you is probably not eligible for a proposal.
Based mostly on TPG’s September 2025 valuations, this welcome provide is price as much as $3,500.
Associated: My tackle the $895 Amex Platinum: Is the value hike well worth the added perks?
Is it well worth the annual payment?
Even in case you use solely a 3rd of the cardboard’s advantages, you will seemingly come out forward. Simply utilizing the lodge, Resy and airline assertion credit alone greater than covers the annual payment with out even contemplating any of the opposite advantages.
If you happen to’re a frequent traveler, the premium journey perks like lounge entry and elite standing additionally make this card well worth the annual payment.
Nonetheless, the reply to this query actually is dependent upon your journey and life-style habits. If you happen to do not journey ceaselessly or suppose you can use no less than a 3rd of the cardboard’s assertion credit, the annual payment almost definitely will not be price it, and you will be higher suited with a card with a decrease annual payment.
Associated: Who ought to (and should not) get the American Categorical Platinum?
Backside line
The Amex Platinum now has an $895 annual payment, however for a lot of vacationers, the cardboard’s advantages will greater than offset this new cost.
If you happen to can maximize these annual assertion credit, you will recover from $3,500 in worth. Plus, the assorted different advantages of the cardboard will be price much more for essentially the most frequent vacationers.
If the annual payment is not price it for you however you are still excited about an American Categorical rewards card, think about the American Categorical® Gold Card. It is nice for foodies who eat out or order supply typically.
To be taught extra, learn our full evaluation of the Amex Platinum.
Apply right here: The Platinum Card from American Categorical
For charges and costs of the Amex Platinum, click on right here.
