The Platinum Card from American Express
American Express
- 5%Points on flights and prepaid hotels
- 1%Points on other purchases
Earn 175,000 Membership Rewards points after spending $8,000 in the first 6 months.
Earn 5X points on flights and prepaid hotels booked through Amex Travel.
19.49%-27.99% Variable APR
This card shines for its unparalleled luxury benefits and extensive travel credits, making it the best option for frequent travelers who can fully leverage its offerings to offset the high annual fee.
Pros:
- Extensive travel credits
- Luxury perks and benefits
Cons:
- Very high annual fee
- Requires strategic use of credits
The Platinum Card from American Express is best suited for frequent travelers who can take full advantage of its premium benefits and extensive travel credits, which can help to justify the substantial annual fee of $895. While its generous rewards and welcome bonus may appeal to some, potential cardholders should carefully evaluate their spending habits and travel patterns to determine if the card aligns with their financial goals.