Overall, the American Express Platinum credit card is a premium card that offers a range of benefits and perks for frequent travelers, shoppers, and those who value excellent customer service. However, it also comes with a high annual fee, so it’s important to weigh the benefits against the costs to determine if it’s the right card for you.
The American Express Platinum credit card offers a variety of benefits, which can include:
- Rewards program: The card offers rewards points for purchases made with the card, which can be redeemed for travel, gift cards, and other items.
- Travel perks: Cardholders can enjoy benefits such as airport lounge access, travel credits, and discounts on hotels, flights, and car rentals.
- Shopping benefits: Cardholders can take advantage of exclusive discounts, early access to sales, and other shopping benefits.
- Insurance coverage: The card includes various insurance benefits, such as trip cancellation and interruption insurance, rental car insurance, and purchase protection.
- Concierge service: Cardholders have access to a concierge service that can assist with travel arrangements, dining reservations, and other requests.
- Premium customer service: Cardholders receive priority customer service and support, with dedicated phone lines and online resources.
Perks and Credits
The American Express Platinum credit card offers several credits that can help offset the card’s annual fee and provide additional value to cardholders. Some of the most notable credits include:
- Annual travel credit: The card provides up to $200 in statement credits each year for eligible travel expenses, such as airline fees, hotel stays, and car rentals.
- Uber credits: Cardholders receive up to $200 in annual Uber credits, which can be used for rides or Uber Eats orders in the U.S.
- Saks Fifth Avenue credits: Cardholders can receive up to $100 in annual statement credits for eligible purchases at Saks Fifth Avenue.
- Global Entry or TSA PreCheck fee credit: The card offers a statement credit of up to $100 every four years for the application fee for Global Entry or TSA PreCheck.
- Fine Hotels & Resorts program: Cardholders can receive exclusive benefits, such as room upgrades, breakfast, and late checkout, at over 1,000 luxury hotels worldwide.
Overall, the credits offered by the American Express Platinum credit card can add up to significant savings and benefits for cardholders who frequently travel, use Uber or Saks Fifth Avenue, or who are interested in applying for Global Entry or TSA PreCheck.✅
What about transfer partners?
The American Express Platinum credit card offers several travel partners that allow cardholders to transfer their rewards points to loyalty programs for airlines and hotels. Some of the travel partners for the American Express Membership Rewards program, which the Platinum card uses, include:
- Airlines: Air Canada Aeroplan, Delta SkyMiles, British Airways Executive Club, Emirates Skywards, JetBlue TrueBlue, Singapore Airlines KrisFlyer, and more.
- Hotels: Marriott Bonvoy, Hilton Honors, Radisson Rewards, and more.
By transferring points to these travel partners, cardholders can often redeem them for award flights or hotel stays, potentially getting more value out of their rewards points. The transfer ratio varies depending on the partner, so it’s important to check the current rates before making a transfer. Additionally, it’s important to note that not all travel partners may be available at all times, and transfer times can vary from a few hours to a few days.
Summary
The American Express Platinum credit card is a premium card that offers generous rewards, travel perks, shopping benefits, insurance coverage, and various credits that can help offset the annual fee. The card also provides access to several travel partners, allowing cardholders to transfer rewards points to loyalty programs for airlines and hotels. These benefits make the Platinum card an excellent choice for frequent travelers and shoppers who are looking to maximize the value of their credit card.
