The Platinum Card® from American Express
American Express · Amex
4.6/5 RatingExcellent (720+)
Key Details
- Annual Fee
- $695
- Regular APR
- N/A (Pay Over Time: 21.99%–29.99%)
- Intro APR
- N/A
- Foreign Transaction Fee
- None
- Balance Transfer Fee
- N/A
- Rewards Rate
- 1x–5x points
Sign-Up Bonus
80,000 points after spending $8,000 in first 6 months
Rewards Structure
- Flights booked directly with airlines or Amex Travel5x
- Prepaid hotels via Amex Travel5x
- All Other Purchases1x
Pros
- ✓Centurion Lounge access
- ✓$200 airline fee credit
- ✓$200 hotel credit (Amex Fine Hotels + Resorts)
- ✓$200 Uber Cash annually
- ✓Global Entry/TSA PreCheck credit
- ✓Extensive travel insurance
Cons
- ✗Very high $695 annual fee
- ✗Only 1x on most purchases
- ✗Credits require specific merchants
- ✗Charge card (no revolving balance by default)
Who Should Get This Card?
Luxury travelers who fly frequently and can take advantage of the numerous travel credits. Best for those with $100k+ income who travel 10+ times per year.