American Express Platinum Card®
American Express
- 5%Points on flights and prepaid hotels
- 1%Points on other purchases
Earn up to 175,000 Membership Rewards® points after spending $8,000 on eligible purchases within the first 6 months.
Earn 5x points on flights and prepaid hotels, plus 1x on other purchases.
19.49%-28.49% Variable APR
The American Express Platinum Card is the epitome of luxury travel rewards, offering unparalleled benefits such as access to the Global Lounge Collection and significant statement credits that can easily justify its high annual fee. Its high welcome bonus and premium earning rates make it a standout for frequent travelers.
Pros:
- Extensive travel benefits
- High welcome bonus
Cons:
- Very high annual fee
- Requires high spending to maximize value
The American Express Platinum Card® is best suited for frequent travelers who value luxury and exclusive benefits, and who can effectively leverage the card's substantial annual fee through travel-related perks and rewards. While it offers significant rewards and advantages, potential users should assess their travel habits and spending patterns to determine if the benefits align with their financial goals.