American Express Platinum Card Review
Comparison With Other Cards
Annual charge: The Platinum Card from American Express fees a $695 annual charge. The Blue Cash Preferred Card from American Express has a $0 intro annual charge for the primary yr, then $95.
Rewards: With The Platinum Card from American Express, you will earn 5 factors per greenback for flights booked immediately with airways or with American Express Travel on as much as $500,000 on these purchases per calendar yr. You’ll additionally earn 5 factors per greenback on pay as you go motels booked with American Express Travel. The Blue Cash Preferred Card from American Express gives 6% money again on as much as $6,000 in spending every year at U.S. supermarkets (then 1%), 6% money again on choose U.S. streaming subscriptions, 3% money again at U.S. gasoline stations and on transit (together with taxis, ride-hailing providers, parking and buses), and limitless 1% money again on different purchases.
Welcome provide: You earn 80,000 Membership Rewards® factors with The Platinum Card from American Express after you spend $6,000 on purchases on the Card in your first 6 months of Card Membership. earn a $250 assertion credit score after you spend $3,000 in purchases in your new Card throughout the first 6 months with the Blue Cash Preferred Card from American Express.
Benefits: The Platinum Card from American Express and Blue Cash Preferred Card from American Express cardholders obtain entry to journey and shopper advantages together with buy safety, rental automotive insurance coverage and a world help hotline.
Annual charge: The Platinum Card from American Express fees a $695 annual charge. The Chase Sapphire Reserve has a $550 annual charge.
Rewards: With The Platinum Card from American Express, you will earn 5 factors per greenback for flights booked immediately with airways or with American Express Travel on as much as $500,000 on these purchases per calendar yr. You’ll additionally earn 5 factors per greenback on pay as you go motels booked with American Express Travel. The Chase Sapphire Reserve gives 5 factors per greenback on air journey and 10 factors on motels and automotive leases bought by Chase Ultimate Rewards after you spend $300 on journey every year. Earn three factors on different journey and eating, and one level on all different purchases.
Welcome provide: You earn 80,000 Membership Rewards® factors with The Platinum Card from American Express after you spend $6,000 on purchases on the Card in your first 6 months of Card Membership. The Chase Sapphire Reserve rewards you with earn 60,000 bonus factors after you spend $4,000 on purchases within the first 3 months from account opening. That’s $900 towards journey whenever you redeem by Chase Ultimate Rewards®.
Benefits: The Platinum Card from American Express comes with Uber VIP standing, as much as a $200 airline charge credit score, charge credit score for Global Entry or TSA PreCheck, entry to the Global Lounge Collection, Platinum Travel service, Marriott Bonvoy Gold Elite standing, Hilton Honors Gold standing, automotive rental loss and harm insurance coverage, world help hotline, concierge service and return safety. Enrollment Required for Select Benefits.
What Are the Rates and Fees of The Platinum Card from American Express?
- Annual charge: The The Platinum Card from American Express fees an annual charge of $695.
- Foreign transaction charge: There isn’t any overseas transaction charge.
- Balance switch charge: The The Platinum Card from American Express doesn’t permit stability transfers.
- Cash advance charge: There is a money advance charge of both $10 or 5% of the quantity of every money advance, whichever is larger Advertisement
- Penalty charge: There is a cost of as much as $40 for a late or returned fee (See Rates & Fees).
Should You Get The Platinum Card from American Express?
- Can meet the spending requirement to get the welcome provide.
- Use the journey perks sufficient to justify the annual charge.
- Don’t intend to make use of the cardboard for a stability switch from one other account.
For charges and costs of the The Platinum Card from American Express, (See Rates & Fees).