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American Express · charge
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Is the Amex Platinum worth keeping when the fee hits?
Welcome offer — 175,000 Membership Rewards points after $12,000 spend in 6 months (targeted) Verified by source
Portal caveat — Amex Travel averages ~10.32% above booking direct; portal redemptions are worth less than the headline rate.
Recently changed — 1 update. See below ↓
Worth knowing
Our assessment from this card's own published terms — vendor-neutral, never an issuer's wording. How we judge value.
Apply on American Express's siteOfficial issuer page (not an affiliate link yet) · how we earn
Typically needs excellent credit (740+) — guideline, not a guarantee · Set your credit profile
Personalize this for you add your cards & memberships and we'll show what it's really worth to you.
What this card delivers across six value dimensions (0–100, normalized).
| 5× | Flights (direct or Amex Travel) — Up to $500,000/year, then 1x Inferred by source |
|---|---|
| 5× | Prepaid hotels via Amex Travel — Amex Travel only; direct hotel bookings earn 1x Inferred by source |
| 1× | Everything else Inferred by source |
Amex Membership Rewards points transfer to these loyalty programs. Mostly 1:1 (Hilton 1:2). Inferred by source
| Airlines (16) | |
|---|---|
| Hotels (3) |
Recent transfer changes
| Uber Cash | $200/yr · monthly Inferred by sourceenroll |
|---|---|
| Uber One membership | $120/yr · annual Inferred by sourceenroll |
| Digital Entertainment | $300/yr · monthly Inferred by sourceenroll |
| Resy (US restaurants) | $400/yr · quarterly Inferred by sourceenroll |
| Lululemon | $300/yr · quarterly Inferred by sourceenroll |
| Hotel credit (FHR / The Hotel Collection) | $600/yr · semiannual Inferred by sourceenroll |
| Airline incidental fee credit | $200/yr · annual Inferred by sourceenroll |
| CLEAR Plus | $209/yr · annual Inferred by sourceenroll |
| Walmart+ membership | $155/yr · monthly Inferred by sourceenroll |
| Equinox | $300/yr · annual Inferred by sourceenroll |
| Oura Ring | $200/yr · one-time Estimated by sourceenroll |
| Global Entry / TSA PreCheck | $120/yr · one-time Inferred by source |
Which of these will you actually use?
Pre-checked = a typical cardholder captures it. Uncheck the ones you won't.
Heads up: Delta Sky Club access is conditional: you must be on a same-day Delta-operated flight, and visits are capped per year (e.g. 10/yr on the Amex Platinum — unlimited at $75k annual spend). Delta-branded cards have their own limits.
Heads up: Priority Pass isn't automatic — the card makes you eligible, but you must enroll and activate your Priority Pass membership through your card's benefits portal first. Without that step you won't get in, even with the card.
| Fine Hotels & Resorts | Free breakfast, room upgrade, noon check-in, 4pm checkout, ~$100 property credit on 2+ night stays Estimated by source |
|---|---|
| The Hotel Collection | $100 property credit + room upgrade on 2+ night stays Estimated by source |
| Marriott Bonvoy Gold Elite | Complimentary status (enrollment required) Estimated by source |
| Hilton Honors Gold | Complimentary status (enrollment required) Estimated by source |
| Rental car CDW | Up to $75,000 theft/damage Inferred by source |
|---|---|
| Trip delay | Up to $500/trip (>6 hrs), max 2 trips/12 months Inferred by source |
| Trip cancellation | Up to $10,000/trip, $20,000/12 months Inferred by source |
| Baggage | Checked $2,000 / carry-on $3,000 per person Inferred by source |
| Emergency evacuation & transportation | Complimentary emergency medical transportation coordinated through the Premium Global Assist Hotline when 100+ miles from home; no stated dollar cap Verified by source |
| Roadside assistance | Free towing up to 10 miles ($3/additional mile), jump-start, lockout, flat tire change (with workable spare), winching, up to 2 gallons fuel — up to 4x/year at no cost Verified by source |
| Purchase protection | Up to $10,000 per item, $50,000/calendar year; accidental damage, theft, or loss for 90 days from purchase Verified by source |
| Extended warranty | Adds up to 1 year to original manufacturer's warranty of 5 years or less; up to $10,000/item, $50,000/year per account Verified by source |
| Return protection | Up to $300/item, $1,000/year if merchant refuses return within 90 days; item must be in original condition Verified by source |
Using Amex Platinum at an ATM is a cash advance, not a normal purchase — it costs a fee, starts charging interest the same day (no grace period), and earns no rewards.
| Cash advance fee | Either $10 or 5% of each advance, whichever is greater Inferred by source |
|---|---|
| Cash advance APR | 29.99% variable Inferred by source |
| Foreign ATM | Cash advance with no foreign transaction fee — but the ATM operator may add its own surcharge. |
ATM operator surcharges are set by the machine, not the card. To avoid all of this, use a debit card or cash for ATM withdrawals.
Centurion Lounge entry rules tightened: guests must be traveling on the same flight as the cardholder (previously any same-day flight), and layover arrivals are capped at 5 hours before the connecting flight (standard entry stays within 3 hours of departure). Applies to US, London, Hong Kong and Tokyo lounges.
Live figures above reflect what's true today; announced changes are flagged, not pre-applied. See all recent changes
*Realized/net assume full use of non-spend-gated credits — an upper bound. Personalize it
The The Platinum Card® from American Express has a $895 annual fee.
Using its non-spend-gated credits fully, the The Platinum Card® from American Express returns about $3,104 in value against its $895 annual fee — a net of +$2,209 per year. It can pay for itself if you actually use the credits.
The The Platinum Card® from American Express earns 5x on flights (direct or amex travel), 5x on prepaid hotels via amex travel, 1x on everything else.
Yes. The The Platinum Card® from American Express grants access to Centurion, Delta Sky Club, Priority Pass, Escape, Plaza Premium.
No — the The Platinum Card® from American Express has no foreign transaction fee, so it's a good card to use abroad.
175,000 Membership Rewards points after $12,000 spend in 6 months (targeted). Welcome offers change frequently — confirm the current one on the issuer's page before applying.
Yes. Most recent change (announced 2026-02-01): Centurion Lounge entry rules tightened: guests must be traveling on the same flight as the cardholder (previously any same-day flight), and layover arrivals are capped at 5 hours before the connecting flight (standard entry stays within 3 hours of departure). Applies to US, London, Hong Kong and Tokyo lounges.