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The Platinum Card from American Express

welcome bonus

Earn 80,000 125,000 Membership Rewards® Points（after you spend $8,000 on purchases on your new Card in your first 6 months of Card Membership）

credit brand

American Express®

rewards rate

5X points for flights booked directly with airlines or with American Express Travel. 5X points for prepaid hotels booked through American Express Travel

intro apr

N/A

regular apr

21.24% - 29.24% variable

foreign transaction fee

credit needed

Good/Excellent

annual fee

$695

rate

4.7

Pros

150,000 Membership Rewards points signup bonus after spending $8,000 in 6 months.

Up to $200 airline fee credit and up to $200 Uber Cash annually.

Access to over 1,400 airport lounges worldwide.

Automatic Hilton Honors Gold and Marriott Bonvoy Gold Elite status.

Statement credits for purchases at Saks Fifth Avenue and global dining partners.

Cons

Steep $695 annual fee.

No introductory APR period.

High spending requirement to earn welcome bonus.

Credits and perks may not justify fee for casual spenders.

Why Choose It

The Amex Platinum offers tremendous value for frequent travelers and those who can maximize the many credits and lounge access perks. The airport lounge access itself offsets the annual fee, with all the other credits providing pure profit. Pair that with Gold status at top hotels, Uber discounts and an impressive signup bonus, this card delivers luxury. The main caveat is ensuring your lifestyle fits for routine air travelers and hotel guests, the Platinum is a premier choice.

compare Cards

cover/name/rate

Welcome bonus

Annual fee

rewards rate

intro apr

regular apr

foreign transaction fee

credit needed

credit brand

The Platinum Card from American Express

4.7

Earn 80,000 125,000 Membership Rewards® Points（after you spend $8,000 on purchases on your new Card in your first 6 months of Card Membership）

$695

5X points for flights booked directly with airlines or with American Express Travel. 5X points for prepaid hotels booked through American Express Travel

N/A

21.24% - 29.24% variable

Good/Excellent

American Express®

Petal® 1 “No Annual Fee” Visa® Credit Card

4.7

N/A

2% - 10% cash back at select merchants

N/A

24.74% - 34.24% variable

Fair/Bad/Limited/No Credit

Visa®

The Business Platinum Card® from American Express

4.8

190K points after $15K spend in the first 3 months

$695

5X flights and prepaid hotels at AmexTravel.com. 1.5X points per dollar on eligible purchases of $5000 or more (on up to $2 million of those purchases per year). 1.5x on US construction/hardware stores, US electronic goods, and US shipping. 1X elsewhere

N/A

19.49% - 27.49% variable

Good/Excellent

American Express®

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