The Platinum Card® from American Express 2026 Review

Mika L.
Written by Mika L.
Financial Content Writer
Mat C.
Edited by Mat C.
Managing Editor & Senior Developer

The Platinum Card® from American Express4.6/5

American Express

Annual fee
CA$695
Rewards rate
5%-1%
Welcome Bonus
100,000 Membership Rewards points
Apply Now →on American Express's website

  • 5%Points on flights & prepaid hotels
  • 1%Points on general purchases

Welcome Bonus:

Earn 100,000 Membership Rewards points after spending $10,000 in the first 3 months.

Reward Rate:

Earn 5x points on flights & prepaid hotels booked via Amex Travel.

What sets The Platinum Card apart is its extensive travel benefits, including access to the Global Lounge Collection and substantial rewards for travel-related purchases. This card is tailored for frequent luxury travelers who can leverage its perks to offset the high annual fee.

Pros:

  • Extensive travel benefits
  • Access to luxury lounges

Cons:

  • High annual fee
  • Requires full payment each month
Apply now →

The Platinum Card® from American Express is best suited for frequent travelers who can fully utilize its extensive travel benefits and rewards structure to justify the significant annual fee. Those who prioritize luxury travel experiences and access to premium services may find this card particularly advantageous.

Frequently Asked Questions