Review
American Express Platinum Card® Review: Luxury Travel Perks for Frequent Flyers
Is the Amex Platinum Card worth its hefty annual fee? Our review breaks down its massive travel rewards, Centurion Lounge access, and valuable statement credits to help you decide.
American Express
Platinum Card®
| Annual Fee | $895.00 |
| Sign-up Bonus | Up to 175,000 Membership Rewards points |
| Rewards Rate | 1x-5x Membership Rewards points |
| Regular APR | APR for Pay Over Time Feature: 19.49% to 28.49% variable APR on eligible charges. |
| Other Fees | No Foreign Transaction Fees |
Overview
Pros & Cons
What's great
- Generous sign-up bonus
- High rewards rate on flights and hotels
- Luxury perks
- Lounge membership
- Automatic elite status with hotels
- No foreign transaction fees
Things to consider
- High annual fee
- High regular APR
Benefits
Drawbacks
Decision Guidance
Summary
The Platinum Card from American Express presents a mixed bag of exceptional benefits offset by a high annual fee and the effort required to maximize its value. Its strengths lie in the strong rewards rate on select travel purchases (flights and hotel...