Last updated: 6/27/2023

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American Express Platinum

Earns: American Express Membership Rewards


This is the premier publicly available American Express card. It’s expensive ($695 a year) and offers lots of perks: access to Centurion Lounges around the world, airline and Uber credits and 5x points for flights. Regular spending won’t earn you a ton of points, though.

This card is best for:

  • Airlines

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Here’s how much you would earn with this card

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  • Best available return for airline spending, earning 5 points per dollar.
  • Access to Centurion airport lounges around the world.
  • Numerous other perks.


  • $695 annual fee.
  • Earnings on non-airline spending are relatively low.

See how the American Express Platinum compares to other credit cards

American Express Platinum Other Cards

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Reward Rate = 5x

Value = 1.7 cents per point
Effective Value = 8.5 %


Reward Rate = 1x

Value = 1.7 cents per point
Effective Value = 1.7 %


Welcome Bonus = 100,000

Value = 1.7 cents per point
Effective Value = $1700


Annual Fee = $695

Welcome Bonus


Bonus Rating


In the top 15% of cards.


After you spend $6,000 in 6 months

GigaInfo about Welcome Bonuses Welcome Bonuses 101 Article
Spending Rewards
5x Airlines (first $500,000 in purchases each year)




In the top 15% of cards.

1x All Other

Very Good

very good

Is this card right for me?

That depends on your individual spending patterns. We have a tool that figures it out for you. Learn what you could earn.

Program Name
American Express Membership Rewards
Gigapoints Value
1.7¢ per point
Other Card Information

earn 10x points on eligible purchases on the Card at restaurants worldwide and when you Shop Small in the U.S., on up to $25,000 in combined purchases, during your first 6 months of Card Membership.

Annual Fee
  • $695
Use this card for…

You can earn more rewards by using different cards for different purchases. We built a tool that tells you which card to use, when. Just plug in your favorite brand, store, or category to find out which card pays the most.

Use the Best Card For tool Go

Additional perks of owning this card

Global Lounge Access

The American Express Global Lounge CollectionSM‡ unlocks access to more than 1,200 airport lounges across 130 countries and counting. Our unmatched worldwide coverage is made possible through our own networks, The Centurion® Lounge and The International American Express lounges, as well as our partner networks, Delta Sky Club® and Priority PassTM Select lounges.

$200 airline credit

Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees, such as checked bags and in-flight refreshments, are charged by the airline to your Platinum Card® Account.

$200 Hotel Credit

Get $200 back in statement credits each year on prepaid Fine Hotels + Resorts(R) or The Hotel Collection bookings, which requires a minimum two-night stay, through American Express Travel when you pay with your Platinum Card(R).

Uber VIP and up to $200 in Uber Cash Each Year

Use your Uber Rides with Platinum benefit to enjoy VIP status and $15 each month in Uber Cash for U.S. rides on your Uber account. Plus get a $20 bonus in December for up to $200 each year.

$240 Digital Entertainment Credit

Get up to $20 back each month on eligible purchases made with your Platinum Card(R) on one or more of the following: Audible, Disney+, The Disney Bundle, ESPN+, Hulu, Peacock, SiriusXM, and The New York Times. Enrollment required.

$155 Walmart+ Credit

Cover the cost of a $12.95 monthly Walmart+ membership with a statement credit after you pay for Walmart+ each month with your Platinum Card. Cost includes $12.95 plus applicable local sales tax. Plus Ups are excluded.  American Express has expanded The Centurion(R) Network to include 40+ Centurion Lounge and Studio

$300 Equinox Credit

Get up to $25 back each month on the Equinox+ digital fitness app, or eligible Equinox club memberships when you pay with your Platinum Card(R). Enrollment required.

$189 CLEAR(R) Credit

Use your Card and get up to $189 back per year on your CLEAR(R) membership.

Fee Credit for Global Entry or TSA Pre✓®

When you apply for and receive your Global Entry or TSA Pre✓®‡, not only can you get expedited screening at select airports, but you’ll receive a credit for the application fees on your statement. Receive one statement credit every 4 years after you apply for Global Entry ($100) or every 4.5 years after you apply for TSA Pre✓® ($85) with an eligible Platinum Card®. Each Additional Card on eligible Card accounts is also eligible for one statement credit for an application fee every 4 years for Global Entry and or every 4.5 years for TSA Pre✓®. To receive the statement credit, the application fee must be charged on the eligible Additional Card

Fine Hotels & Resorts program

Enjoy complimentary benefits and competitive rates with each Fine Hotels & Resorts booking at over 1,000 extraordinary properties worldwide.

The Fine Print

CASH ADVANCE APR 28.24% Variable
CASH ADVANCE FEE Either $10 or 5% of the amount of each cash advance, whichever is greater.