The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.


  • 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

    The Platinum Card® from American Express

    Terms, rates and fees apply

Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more.

With its potent allure of luxury and exclusivity, The Platinum Card® from American Express is a beacon for the seasoned globetrotter seeking to turn their spending into rewarding experiences. An impressive welcome offer of 80,000 Membership Rewards® Points sets the stage, a generous prelude for those who are prepared to meet the initial spend requirement. This card is not for the faint-hearted, requiring a hefty annual fee and excellent credit score, but it rewards the investment with a robust return in points, especially for those frequently prepaying hotels or booking flights directly through American Express Travel or airlines.

The Platinum Card® from American Express Overview

The Platinum Card® from American Express is positively packed with features and perks. Here are some of the key details to know first - we'll dive into the rest below.

  • Rewards rate: Earn 5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel (on up to $500,000 per calendar year) and on prepaid hotels booked with American Express Travel, 2X points on prepaid car rentals through American Express Travel, and 1X points on other purchases.
  • Welcome offer: Earn 80,000 Membership Rewards® points after you spend $8,000 on purchases in the first 6 months
  • Regular APR: See Pay Over Time APR (see rates and fees)
  • Annual fee: $695
  • Intro APR offer: None

Important Card Details

With The Platinum Card® from American Express, cardholders can access a range of rewards and benefits, transforming spending into valuable points and advantages. Here's what you should know about this card.

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    Annual Fee

    The annual fee for The Platinum Card® from American Express is $695, which is no small change. However, if you know you can make the best use of the card's high rewards rates on travel and various annual credits, you will more than recoup this cost in benefits.

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    Big Travel Rewards

    With high rewards rates on common travel categories, like eligible flights and prepaid hotels, this card is clearly geared toward those who spend a lot on travel anyway. You can earn up to 5X points on certain travel expenses as long as you're willing to book through American Express Travel, which, when combined with the many travel-related benefits, make this card a slam-dunk for the frequent traveler looking for luxury at all stages of their journey.

  • rewards icon

    Lucrative Welcome Offer

    When you open your account and spend $8,000 on purchases in the first 6 months, you'll receive 80,000 Membership Rewards® Points. This is a big contribution to your rewards balance, but it's worth noting that this card often has much higher welcome offers for new cardholders. If you have the time to wait, you may see a better offer available.

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    Ample Annual Credits

    This card comes with a huge number of annual credits ranging from travel and airline perks to digital entertainment, fitness memberships and certain retail stores. The combined value of these credits is more than double the cost of the annual fee. The trick is in actually making the most of them.

  • highInterestAPR icon

    Regular APR

    Consider the Pay Over Time APR (see terms) when evaluating the APR for The Platinum Card® from American Express. Keep in mind it will vary depending on creditworthiness.

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    No Foreign Transaction Fee

    Since this card is tailored for jetsetters, it's no surprise that this card has no foreign transaction fees. This also comes in handy when stateside if you're shopping with merchants based overseas.

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    High Customer Satisfaction

    According to J.D. Power's 2022 Credit Card Satisfaction Study, American Express customers are highly satisfied. Amex scored the highest rating among all major issuers.

How The Platinum Card® from American Express Compares To Other Cards

The Platinum Card® from American Express is a top-contender in the premium travel space because of its high travel rewards, benefits and fee-free foreign transactions. However, comparing it to other reward cards could help you find a better option for your wallet.

How This Card Compares

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The Platinum Card® from American Express

  • Rewards rate: 5X points on flights booked with American Express Travel or directly with airlines (on up to $500,000 per year) and on eligible prepaid hotels booked through American Express Travel, 2X points on prepaid car rentals through American Express Travel, 1X points on all other purchases
  • Welcome offer: 80,000 Membership Rewards® Points after spending $8,000 on purchases in the first six months
  • Regular APR: See Pay Over Time APR
  • Annual fee: $695
  • Intro APR offer: None
  • Best For: Frequent flyers and international travelers
creditCard1 icon

Chase Sapphire Reserve®

  • Rewards rate: 10X points on Chase Dining purchases, hotel stays and car rentals through Ultimate Rewards, 10X points on Lyft purchases (through March 2025), 5X on flights through Ultimate Rewards (after earning $300 travel credit), 3X points on general travel and dining, 1X points on everything else.
  • Welcome offer: 60,000 points after spending $4,000 on purchases in the first three months
  • Regular APR: 22.24% to 29.24% (variable)
  • Annual fee: $550
  • Intro APR offer: None
  • Best For: Frequent flyers and foodies
*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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