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The Platinum Card® from American Express vs Blue Cash Preferred® Card from American Express

Compare Rewards, Interest Rates, Fees, and Benefits

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American Express Platinum is an excellent charge card for frequent travelers. How does it compare to Blue Cash Preferred from American Express, a cash back, gas and grocery credit card? Read our comparison chart below.

Keep in mind, the American Express Platinum has a $550 annual fee, while the Blue Cash Preferred has a $0 intro annual fee for the first year of Card Membership, then $95.

Charge Card vs Credit Card: The Platinum Card® from American Express is a charge card while Blue Cash Preferred® Card from American Express is a credit card. If you plan to carry a balance, avoid charge cards as they usually require that you pay in full.

 The Platinum Card from American ExpressBlue Cash Preferred Card from American Express
 Apply NowApply Now
 

The Platinum Card® from American Express

Blue Cash Preferred® Card from American Express

 Personal Charge CardPersonal Credit Card
 
Introductory Bonus Reward PointsTravel RewardsAirline RewardsHotel RewardsPoint Rewards
Introductory Bonus Cash BackCash Back RewardsGas RewardsGrocery RewardsCar Rental Insurance
 
  • Earn 60,000 Membership Rewards® points after you use your new Card to make $5,000 in purchases in your first 3 months.
  • New! Up to $200 Uber Savings Annually.
  • 5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel.
  • 5X Membership Rewards® points on eligible hotels booked on amextravel.com.
  • As a Platinum Card Member, you can enjoy access to the Global Lounge Collection, the only credit card airport lounge access program that includes proprietary lounge locations around the world.
  • Receive complimentary benefits with an average total value of $550 with Fine Hotels & Resorts. Learn More. Terms Apply.
  • $200 Airline Fee Credit, up to $200 a year in baggage fees and more at one airline. Terms Apply.
  • Terms Apply.
  • See Rates & Fees
  • $150 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months.
  • Special Offer: $0 intro annual fee for the first year of Card Membership, then $95.
  • 6% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%) - that means spending $60 a week at U.S. supermarkets could earn over $180 back per year.
  • 3% cash back at U.S. gas stations and at select U.S. department stores, 1% back on other purchases.
  • Expanding merchant acceptance: Over 1 million more places in the U.S. started accepting American Express® Cards in the last year.
  • Cash back is received in the form of Reward Dollars that can be easily redeemed for statement credits, gift cards, and merchandise.
  • Terms Apply.
  • See Rates & Fees
 

Card Interest Rates & Fees

Purchase APRN/A13.99% to 24.99% Variable based on your creditworthiness and other factors
Balance Transfers APRN/A13.99% to 24.99% Variable based on your creditworthiness and other factors
Foreign Transaction FeeNo foreign transaction fee2.7% of each transaction after conversion to US dollars.
Annual Fee$550 annual fee$0 intro annual fee for the first year of Card Membership, then $95
 

Card Rewards & Benefits

Introductory Bonus Cash Back Introductory Bonus Cash Back: $150 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months.
Introductory Bonus Reward PointsIntroductory Bonus Reward Points: Earn 60,000 Membership Rewards® points after you use your new Card to make $5,000 in purchases in your first 3 months. 
Cash Back Rewards Cash Back Rewards: 6% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%) - that means spending $60 a week at U.S. supermarkets could earn over $180 back per year. 3% cash back at U.S. gas stations and at select U.S. department stores, 1% back on other purchases. Terms and limitations apply.
Travel RewardsTravel Rewards 
Airline RewardsAirline Rewards: 5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel. 
Hotel RewardsHotel Rewards: 5X Membership Rewards® points on eligible hotels booked on amextravel.com. 
Point RewardsPoint Rewards: Earn 1 point for virtually every dollar spent. 
Airline StatusAirline Status: $200 Airline Fee Credit, up to $200 a year in baggage fees and more at one airline. Terms Apply.
Access to 5 airport lounge networks including The Centurion® lounge network, The International American Express lounges, Delta Sky Club® lounges, Priority Pass(TM) Select, and Airspace Lounge. Enrollment required for Priority Pass Select.
 
Hotel StatusHotel Status: Enroll for complimentary SPG Gold Status (Starwood Preferred Guest Gold Preferred Guest).
Enroll for complimentary Hilton Honors Gold Status.

Fine Hotels & Resorts - book your stay through American Express FHR at one of 600 luxury hotels and you may get a room upgrade upon arrival, daily continental breakfast for 2, guaranteed 4pm late checkout and a special amenity unique to each property. Terms Apply.
 
Gas Rewards Gas Rewards: 3% cash back at U.S. gas stations. Terms and limitations apply
Grocery Rewards Grocery Rewards: 6% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%) - that means spending $60 a week at U.S. supermarkets could earn over $180 back per year. Terms and limitations apply
Airline Transfer PartnersAirline Transfer Partners: Airline transfer partners include Delta, Hawaiian Airlines, Aeromexico, Air Canada, Air France, Emirates, Cathay Pacific (Asia Miles), Virgin Atlantic, Singapore Airlines, Etihad, Alitalia, All Nippon Airways and more. 
 Go to issuer's official application, terms, and detailsGo to issuer's official application, terms, and details
 

CreditDonkey® Card Reviews

 The Platinum Card from American ExpressBlue Cash Preferred Card from American Express
Pros & ConsPros:
  • Travel benefits
  • 60,000 bonus points after you spend $5000 in first 3 months
  • Concierge service
Cons:
  • $550 annual fee
Pros:
  • 6% at US supermarkets (up to $6k/year in purchases, then 1%)
  • 3% at US gas stations
  • Bonus cash back promotional offer
Cons:
  • $0 intro annual fee for the first year of Card Membership, then $95
  • Not a Visa/MasterCard
Bottom LineExcellent charge card for frequent travelers... Read full reviewExcellent cash back credit card for families... Read full review
 Apply NowApply Now
What Others View

See issuer's website for details including terms and conditions. While reasonable effort has been made to maintain accurate and updated information, the information shown on this site may vary, be out of date, or not applicable to you. All information is provided without warranty. When you click on the Apply Now button, you can review the terms and conditions on the issuer's website.

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the issuer's website for details.

Editorial Note: This content is not provided by American Express. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by American Express.


Explore The Platinum Card® from American Express In-Depth


Explore Blue Cash Preferred® Card from American Express In-Depth


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Compare American Express Platinum to:

Premier Rewards Gold Card

Premier Rewards Gold Card from American Express

Introductory Bonus Reward PointsAirline RewardsPoint RewardsGas Rewards
Annual Fee
Introductory annual fee of $0 for the first year, then $195
Chase Sapphire Preferred

Chase Sapphire Preferred® Card

Intro APR (Purchases)Intro APR (Balance Transfer)Regular APR
N/AN/A
16.99% - 23.99% Variable
Annual Fee
Introductory Annual Fee of $0 the first year, then $95
American Express Business Platinum

The Business Platinum® Card from American Express OPEN

Introductory Bonus Reward PointsTravel RewardsAirline RewardsBonus Airline Rewards
Annual Fee
$450

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Compare Blue Cash Preferred to:

Blue Cash Everyday
Introductory Bonus Cash BackCash Back RewardsGas RewardsGrocery RewardsCar Rental InsuranceExtended WarrantyPurchase ProtectionReturn ProtectionTravel Accident Insurance $0 Fraud Liability
Intro APR for PurchasesIntro APR for Balance TransferRegular APRAnnual Fee
0% on Purchases for 12 months
0% on Balance Transfers for 12 months
13.99% - 24.99% Variable
$0

Amex EveryDay
Introductory Bonus Reward PointsBonus Reward PointsPoint RewardsGrocery Rewards$0 Fraud Liability
Intro APR for PurchasesIntro APR for Balance TransferRegular APRAnnual Fee
0% on Purchases for 12 months
0% on Balance Transfers for 12 months
13.99% - 23.99% Variable
$0
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About CreditDonkey®
CreditDonkey is a credit card comparison website. We publish data-driven analysis to help you save money & make savvy financial decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: The card offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.