American Express® Gold Card
vs. The Platinum Card® from American Express

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ByDoug Milnes, CFA
Reviewed byBrett Holzhauer
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ByDoug Milnes, CFA
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Reviewed byBrett Holzhauer
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Updated: March 19, 2024

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Both American Express cards reward cardholders generously and have no foreign transaction fees. With the American Express® Gold Card, you can earn four points for each dollar spent at U.S. supermarkets and restaurants. Meanwhile, the Platinum Card offers a $200 airline fee credit each year and 5x points when you book a flight through American Express Travel or directly with the airline.

Comparison Overview: American Express® Gold Card vs. The Platinum Card® from American Express

  • American Express® Gold Card
    The Platinum Card® from American Express
  • Has Annual Fee
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  • Has Balance Transfer Offer
  • Has APR Offer
  • Cash Back Rewards
  • Travel Rewards
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American Express® Gold Card At a Glance

The American Express® Gold Card has a welcome offer of 60,000 Membership Rewards points when you spend $4,000 on eligible purchases within your first six months of card membership. You also get a $120 dining credit and $120 for Uber each year. When you use your card to book flights through American Express or with the airlines directly, you get three reward points for each dollar.


  • American Express® Gold Card

    Best rewards card for frequent fliers and diners


    • 1–4 Points per $1Rewards Rate
    • See Pay Over Time APR*APR
    • $250Annual Fee
    • Good–ExcellentRecommended Credit

    Pros

    • Top-tier rewards on dining and groceries
    • Great annual bonus credits
    • Transfer points to multiple airline partners
    • No foreign transaction fees

    Cons

    • High annual fee
    • Limited premium travel perks
    • No rewards on hotel stays or car rentals
    • Earn 60,000 Membership Rewards® points after you spend $4,000 on eligible purchases with your new card within the first six months of card Membership.
    • Earn 4X Membership Rewards® Points at restaurants, plus takeout and delivery in the U.S., and earn 4X Membership Rewards® points at U.S. supermarkets (on up to $25,000 per calendar year in purchases, then 1X).
    • Earn 3X Membership Rewards® points on flights booked directly with airlines or on amextravel.com. $120 Uber cash on Gold: Add your Gold Card to your Uber account and each month automatically get $10 in Uber cash for Uber Eats orders or Uber rides in the U.S., totaling up to $120 per year.
    • $120 dining credit: Satisfy your cravings and earn up to $10 in statement credits monthly when you pay with the American Express® Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, Milk Bar and select Shake Shack locations. Enrollment required.
    • Get a $100 experience credit with a minimum two-night stay when you book The Hotel Collection through American Express Travel. Experience credit varies by property. Choose the color that suits your style. Gold or Rose Gold.
    • No foreign transaction fees.
    • Annual fee is $250.
    • Terms apply.
    American Express® Gold Card

The Platinum Card® from American Express At a Glance

With the Platinum Card, you can earn 100,000 bonus reward points once you spend $6,000 on purchases within the first six months. You also receive $200 in airline fee credit each year.


  • The Platinum Card® from American Express

    Great rewards card for air travel with premium benefits


    • 1–5 Points per $1*Rewards Rate
    • See Pay Over Time APR*APR
    • $695Annual Fee
    • Good–ExcellentRecommended Credit

    Pros

    • Top-level travel rewards rates
    • Extensive premium travel benefits
    • Generous high-value annual credits
    • Transfer points to airline partners

    Cons

    • High annual fee
    • Annual credits may not be relevant for all cardholders
    • Earn 80,000 Membership Rewards® Points after you spend $8,000 on eligible purchases on your new Card in your first 6 months of Card Membership. Apply and select your preferred metal Card design: classic Platinum, Platinum x Kehinde Wiley, or Platinum x Julie Mehretu.
    • Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year and earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel.
    • $200 Hotel Credit: Get up to $200 back in statement credits each year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings with American Express Travel when you pay with your Platinum Card®. The Hotel Collection requires a minimum two-night stay.
    • $240 Digital Entertainment Credit: Get up to $20 back in statement credits each month on eligible purchases made with your Platinum Card® on one or more of the following: Disney+, a Disney Bundle, ESPN+, Hulu, The New York Times, Peacock, and The Wall Street Journal. Enrollment required.
    • The American Express Global Lounge Collection® can provide an escape at the airport. With complimentary access to more than 1,400 airport lounges across 140 countries and counting, you have more airport lounge options than any other credit card issuer on the market. As of 03/2023.
    • $155 Walmart+ Credit: Save on eligible delivery fees, shipping, and more with a Walmart+ membership. Use your Platinum Card® to pay for a monthly Walmart+ membership and get up to $12.95 plus applicable taxes back on one membership (excluding Plus Ups) each month.
    • $200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees are charged by the airline to your Platinum Card®.
    • $200 Uber Cash: Enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. Uber Cash and Uber VIP status is available to Basic Card Member only. Terms Apply.
    • $189 CLEAR® Plus Credit: CLEAR® Plus helps to get you to your gate faster at 50+ airports nationwide and get up to $189 back per calendar year on your Membership (subject to auto-renewal) when you use your Card. CLEARLanes are available at 100+ airports, stadiums, and entertainment venues.
    • Receive either a $100 statement credit every 4 years for a Global Entry application fee or a statement credit up to $85 every 4.5 year period for TSA PreCheck® application fee for a 5-year plan only (through a TSA PreCheck® official enrollment provider), when charged to your Platinum Card®. Card Members approved for Global Entry will also receive access to TSA PreCheck at no additional cost.
    • Shop Saks with Platinum: Get up to $100 in statement credits annually for purchases in Saks Fifth Avenue stores or at saks.com on your Platinum Card®. That's up to $50 in statement credits semi-annually. Enrollment required.
    • Unlock access to exclusive reservations and special dining experiences with Global Dining Access by Resy when you add your Platinum Card® to your Resy profile.
    • $695 annual fee.
    • Terms Apply.
    • See Rates and Fees`
    The Platinum Card® from American Express

Comparison Summary

In the table below, MoneyGeek listed differences between the American Express® Gold Card vs. The Platinum Card so you can choose which travel credit card suits your situation best.

Card Detail
Comparison Summary

Travel Coverage and Purchase Protection

The American Express® Gold Card offers baggage insurance, car rental and loss insurance in eligible territories and purchase protection.

The Platinum Card provides purchase protection and insurance for your car rental, loss and baggage. On top of that, you also get complimentary travel insurance coverage.

Winner: The Platinum Card

Welcome Bonus

You can earn 60,000 Membership Rewards points once you spend $4,000 on qualified purchases within your first six months with the American Express® Gold Card.

With The Platinum Card, you can earn 100,000 Membership Reward points when you spend $6,000 on purchases within the first six months.

Winner: The Platinum Card

Rewards

The American Express® Gold Card offers 4x Membership Rewards per dollar on specific worldwide restaurants and U.S. supermarkets. You also get $120 Uber Cash and $120 dining credit annually.

With The Platinum Card, you get automatic Marriott Bonvoy Gold Elite Status and Hilton Honors Gold Status, premium car rental status for various car rental programs and airport lounge access.

Winner: The Platinum Card

Annual Fee

The American Express® Gold Card has a $250 annual fee.

The Platinum Card annual fee is $695.

Winner: American Express® Gold Card

Which Card Should You Get?

The best travel credit card for you will depend on what you need. MoneyGeek listed important details that may fit what you’re looking for.

Who Should Consider the American Express® Gold Card?

Individuals who fly and dine frequently should consider the Gold Card since it has outstanding rewards points for dining, airlines and supermarkets. Unlike other cards, you can transfer your reward points to other airline and hotel loyalty programs to maximize your free travel, and even have a maximum of five authorized users with no additional annual fee.

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    Cardholders can earn four points for each dollar spent at U.S. supermarkets and three points per dollar if you use this card to book flights through American Express or directly with the airline.

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    The card can have up to five authorized users, which helps you earn points much quicker.

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    The card has no foreign transaction fees on purchases made outside the U.S.

Who Should Consider the The Platinum Card® from American Express?

The Platinum Card from American Express is a great option for frequent travelers that want luxury benefits and generous rewards. Cardholders get complimentary travel insurance, no foreign transaction fees, access to the American Express Global Lounge Collection, concierge services and more.

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    You can transfer points to partner airlines through their frequent flier programs.

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    You get complimentary Marriott Bonvoy Gold Elite Status and Hilton Honors Gold Status.

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    You can earn 5x points directly on airline purchases and prepaid hotels and flights booked through American Express Travel, up to $500,000 per year.

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EXPERT OPINION

Both of these cards are solid options for consumers that spend generously, and want significant rewards. However, the divider between the two cards is the lifestyle of the cardholder. If you are a regular traveler, meaning more than once a quarter, you may find the Platinum Card worth it. If you travel a few times per year and enjoy eating out, the Gold Card will get the job done. While The Platinum Card is packed with benefits, the $695 annual fee is a steep ask. So if you decide the Platinum Card is your best choice, be sure to have a plan to utilize the benefits.

Other Helpful Decision-Making FAQs

MoneyGeek listed frequently asked questions about the American Express® Gold Card vs. The Platinum Card to better show the differences between both travel credit cards.

Is the American Express® Gold Card better than the Platinum Card?
Can you get the American Express® Gold Card if you have The Platinum Card?
Can you transfer points from the American Express® Gold Card to The Platinum Card?
Can you switch from the American Express® Gold Card to The Platinum Card?
What’s harder to get, the American Express® Gold Card or The Platinum Card?
How much do you have to spend for the American Express® Gold Card vs The Platinum Card to get the welcome bonus?

Still Not Sure About These Cards? Consider These Options

If you aren’t fully convinced by the generous benefits and features of the American Express® Gold Card and The Platinum Card, you might want to check the other travel credit cards.

About Doug Milnes, CFA


Doug Milnes, CFA headshot

Doug Milnes is a CFA charter holder with over 10 years of experience in corporate finance and the Head of Credit Cards at MoneyGeek. Formerly, he performed valuations for Duff and Phelps and financial planning and analysis for various companies. His analysis has been cited by U.S. News and World Report, The Hill, the Los Angeles Times, The New York Times and many other outlets.

Milnes holds a master’s degree in data science from Northwestern University. He geeks out on helping people feel on top of their credit card use, from managing debt to optimizing rewards.


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*Rates, fees or bonuses may vary or include specific stipulations. The content on this page is accurate as of the posting/last updated date; however, some of the offers mentioned may have expired. We recommend visiting the card issuer’s website for the most up-to-date information available.
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