American Express Platinum Card® Guide

The American Express Platinum Card® is a premium travel card with a hefty annual fee. Along with that fee, you get a whole slew of benefits and credits to make it worthwhile. In 2025, the card was revamped, and many new credits were added. If the credits match your spending, this card can offer a lot of value. 

Want to know if this card is worth it for you? Scroll down to our benefits calculator to make your own valuation!

Update July 2026:

The Saks benefit ended for current cardholders on July 1, 2026.

Update April 2026:

American Express® is no longer offering the Saks benefit to new Platinum Card® applicants. 

Card Details

Annual Fee

The annual fee is $895 per year. The card comes with a significant number of benefits and credits that can help offset that high fee.

Adding an additional card to your account costs $195 per year.

Companion cards are free, but have limited benefits.

Points Earning Structure

• 5x points on flights booked directly with airlines or with American Express Travel®, on up to $500,000 on these purchases per calendar year.
• 5x points on prepaid hotels booked with AmexTravel.com
• 1x points on all other eligible purchases

Lounge Access

The Platinum card gives you access to over 1,550 lounges through the Global Lounge Collection. This includes:

• Centurion Lounges (no complimentary guests, unless you spend $75,000 per year)
• Priority Pass™ Membership (enrollment required, 2 guests)
• Escape Lounges (2 guests)
• Delta Sky Club (when flying on Delta but must book above Basic Economy; 10 lounge visits per year)
• Plaza Premium Lounges (2 guests)
• Select Lufthansa Lounges (when flying Lufthansa)

My Take: The lounge and guest access rules are a bit convoluted. For the Centurion lounges, you’d have to dedicate a lot of spending to get lounge access for guests. But Priority Pass™ still includes 2 guests, which after February 2026, is more than Capital One Venture X cardholders can say!

Benefit Details

$120 Uber One Credit

You can receive up to $120 in statement credits each calendar year after you purchase an auto-renewing Uber One membership with the Platinum Card®. Terms apply.

My Take: Uber One gives you $0 delivery fee, 6% back on rides, up to 10% off orders, and a few more little perks. If you pay for Uber One, this is a straight savings. This will also make it easier to use the monthly Uber credits the card comes with.

$200 Uber Cash

With the Platinum Card® you can receive $15 in Uber Cash each month plus a bonus $20 in December when you add the Card to your Uber account to use on rides and orders in the U.S when you select an Amex Card for your transaction.

My Take: Easier to use when you get the Uber One membership credited as well. Still, a monthly credit takes work to make sure you use it. You can use this for Uber rides or Uber Eats orders.

Hotel Credit: two $300 credits 2x a year

The hotel credit offers a potential total of $600 per year.

The perk gives $300 back in statement credits semi-annually for up to a total of $600 in statement credits per calendar year. These credits are given for prepaid Fine Hotels + Resorts® or The Hotel Collection bookings through American Express Travel when you pay with your Platinum Card®.

Note that The Hotel Collection requires a minimum two-night stay.

Each of these bookings comes with other complimentary benefits, such as a room upgrade at check-in (when available) and a complimentary credit valued at $100 to use towards eligible charges, such as food and beverage, spa, or other on-property charges, which varies by property. They often include breakfast for two people as well.

Certain room categories are not eligible for upgrade.

My Take: I never found this credit easy to use when I had a Platinum card, but now some websites like MaxFHR and BetterFHR make that easier.

For instance, on the BetterFHR website, you can search for included hotels and filter the results by price, benefits, and more. This makes it much easier to find an eligible hotel that works for you.

$400 Resy Credits + Platinum Nights™ by Resy

With the $400 Resy Credit, you can get up to $100 in statement credits each quarter when you use the Platinum Card to make eligible purchases with Resy, including dining purchases at over 10,000 U.S. Resy restaurants. Enrollment required.

You also get access to Platinum Nights™ by Resy, which offers sought after reservations at participating top Resy restaurants on select nights. Add your eligible Card to your Resy profile to explore and book Platinum Nights™ reservations. Restaurants are located in New York, Los Angeles, and Miami.

My Take: The fact that this is a quarterly credit just makes it more of a pain to use. That means you have to be sure to use it four times per year. That immediately lowers the appeal for me. That being said, there are a lot of qualifying restaurants, and so I think a lot of people will be able to use this.

If you plan to use this, don’t forget to enroll FIRST otherwise you won’t get your credits. You’ll need to enroll via your Amex login, sign up for Resy, and then add your Platinum card to your Resy account. Then you can dine at any of the Resy restaurants and pay directly with your Platinum card to trigger the credit.

Digital Entertainment Credit: $300 

You are eligible to get up to $25 in statement credits each month when you use your Platinum Card to subscribe to your choice of one or more of the following: Disney+, a Disney+ bundle, ESPN+, Hulu, The New York Times, Paramount+, Peacock, The Wall Street Journal, YouTube Premium, and YouTube TV, or make eligible purchases with these partners. Enrollment is required to receive this benefit.

My Take: I appreciate the number of places you can use your credit, including YouTube Premium and YouTube TV. This credit is still fairly limited in scope, but most households likely use at least a few of these services.

$300 Lululemon Credit

With the $300 Lululemon credit, you can get up to $75 in statement credits each quarter when you use the Platinum Card for eligible purchases at U.S. Lululemon retail stores(excluding outlets) and Lululemon.com. Enrollment required.

My Take: Again, like the Resy credit — the fact that this is a quarterly credit just makes it more of a pain to use. That means you have to be sure to use it four times per year. That immediately lowers the appeal for me.

If you plan to use this, don’t forget to enroll FIRST otherwise you won’t get your credits.

$200 Oura Credit

Receive up to $200 in statement credits when you use the Platinum Card to purchase an Oura Ring at Ouraring.com each calendar year. Enrollment required.

My Take: The cheapest Oura ring is $199 so this covers that but then you still need a subscription to the service. Truly just a coupon here for something you may not even plan to buy.

$219 Clear+ Credit

You can cover the cost of a Clear+ Membership with up to $219 in statement credits per calendar year after you pay for Clear+ with your Platinum Card^®.

My Take: Kids under 18 can go through the Clear line with you at the airport for free so this can sometimes help. Occasionally the Clear line is shorter than TSA Precheck, but at least at our main airports, it is usually the same.

$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^® account.

My Take: This is kind of hard to use. You can see data points here on how to use this.

Credit for Global Entry or TSA Precheck

Receive either a statement credit every 4 years after you apply for Global Entry ($120) or a statement credit every 4 years after you apply for a five-year membership for TSA PreCheck® (up to $85 through a TSA PreCheck official enrollment provider) and pay the application fee with your Platinum Card®.

My Take: If you’re in this hobby long enough, you probably already have this. If you’re newer, this credit is a good one!

Automatic Hotel Status

Just for holding the Platinum card, you get Hilton Honors™ Gold status, Marriott Bonvoy® Gold Elite Status, and “Leaders Club Sterling Status” from The Leading Hotels of the World® (which includes over 400 independent luxury hotels worldwide).

My Take: Hilton Gold does get you free breakfast outside the U.S. so this is more valuable for international travel.

For most people who read this blog, I’m going to assume that the Leading Hotels of the World status isn’t worth much. But if you happen to stay at these hotels, it will be nice! Sterling status gives you upgrade opportunities subject to availability, daily breakfast for two, and on-property perks. Enrollment required.

$155 Walmart+ Credit

Use your Platinum Card^® to pay for a monthly Walmart+ membership (subject to auto-renewal) and receive one statement credit for up to $12.95 each month. Up to $12.95 plus applicable local sales tax. Plus Ups not eligible.

My Take: Free is free. I probably wouldn’t pay for this but do find it useful when I’m getting it for free. Walmart+ has a unique combo of perks including Burger King coupons and Paramount+.

Credit for Equinox

Get up to $300 in statement credits each calendar year on a digital subscription or club membership at Equinox. Simply use your Platinum Card® to pay for an Equinox+ digital subscription, or Equinox club membership fees (memberships are subject to auto-renewal).

Benefits Calculator

Is it Worth it?

If you look at these credits and they don’t match the way you spend, ignore this card! It will take mental energy to ensure you’re getting your money’s worth — besides the fact that you’ll have to shell out $895 up front and then later try to make your money back on it.

Application Notes

American Express has some rules on who is eligible for a welcome offer and when. For this card family, if you already have a higher tier card (like the Platinum), you won’t be eligible to earn a bonus on a lower tier card in the same family (like the Gold).

If you want the opportunity to earn a welcome bonus on the Green, Gold, and Platinum cards, it’s best to apply in this order:

Green first, Gold second, Platinum third.

Lifetime language

For most American Express cards, the terms and conditions state that the welcome offer is only good once per person, per lifetime. In other words, you can only get a welcome offer once for that particular card.

In practice, though, it seems like “lifetime” is more like 7 years. Many people find that they are eligible to earn a bonus on the same card again after 7 years, but there’s no guarantee this will always be the case.

Certain offers won’t include this lifetime language.

Welcome Offer

The welcome offer for The Platinum Card® is currently “as high as” 175,000 Membership Rewards® Points. That means you could receive up to 175,000 points, but your personal offer might be different.

Pop-Up Jail

If you’re not eligible to receive a welcome offer, you’ll get a pop-up message letting you know. The message will look something like this:

This is known as “pop-up jail”. It can happen for any number of reasons- if it’s been less than 7 years since you’ve applied for the same card, you’ve applied for a lot of new cards recently, you haven’t been putting enough spend on your current Amex cards, or something else.

If you see the pop-up, you can choose to proceed with the application without a welcome offer or cancel the application.

There are no hard and fast rules on this, but if you do see the pop-up, here are some recommendations that may help you avoid it next time.

• Wait a few months before trying again
• Put more spend on your current Amex cards
• Close old Amex cards that you’re not using
• Call in to apply instead of applying online
• Apply using a targeted offer in your e-mail or snail mail