Platinum rewards & benefits.

Amex · charge · $695 annual fee · <p>Earn 5X on flights booked directly with airlines or with American Express Travel</p> <p>Earn 5X on prepaid hotels booked on amextravel.com</p> <p>Earn 1X on everything else</p> <p><a href="https://www.uponarriving.com/amex-platinum-card-review/">Learn More</a></p>. Here's what it earns, what it costs, and whether it's worth it.

Rewards by category

effective cash-back rate
·
Dining
1%
·
Groceries
1%
·
Gas
1%
·
Travel
5%
·
Online shopping
1%
·
Entertainment
1%
·
Transit
1%
·
Everything else
1%
·
Annual fee
$695
·
Welcome bonus
No current welcome bonus

Credits

·
Uber
$200
·
Airline
$200
·
Saks
$100
·
Global Entry
$100
·
Entertainment
$240
·
Equinox
$300
·
CLEAR
$189
·
Hotel
$200
·
Wal-Mart+
$155

Perks

  • — about $50/yr
  • — about $29/yr
  • — about $32/yr
  • — about $300/yr

Is the Platinum worth it?

On a typical US spending profile, the Platinum projects to about $588 in annual rewards, or roughly $-107 after its $695 annual fee. Your real number depends on where you actually spend — and on catching the credits and bonuses most people forget. WalletFlo tracks all of it automatically.

Common questions

What credit score do I need for the Platinum?

A good-to-excellent credit score is generally recommended. Approval also depends on income, existing accounts, and issuer rules.

Is the Platinum's annual fee worth it?

It charges $695 a year. Its recurring credits alone are worth about $1,684 if you use them. Use the annual-fee calculator to check for your situation.

See what your real wallet is actually earning — and what you're leaving on the table.

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