CreditDonkey is a credit card comparison and financial education website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†

Updated October 20, 2015

Beginner's Guide to AMEX Platinum Benefits

Read more about The Platinum Card® from American Express, a CreditDonkey advertiser
Editorial Note: This content is not provided by the card issuer. Opinions expressed here are author's alone, not those of the issuer, and have not been reviewed, approved or otherwise endorsed by the issuer.
This article contains references to products from our partners. We receive compensation if you apply or shop through links in our content. You help support CreditDonkey by reading our website and using our links. (read more)

There is no point paying the $550 annual fee for the American Express Platinum Card UNLESS you know the benefits are worth it. Read this in-depth guide to help you decide.

American Express Platinum
Apply Now

Overall Score







5-point scale (the higher, the better)

Pros and Cons

  • Rewards
  • Concierge
  • Lounge Access
  • Companion Ticket
  • $550 annual fee

At $550 per year, the Platinum Card from American Express comes with a big price tag, but savvy cardholders can help make up for it by taking advantage of its perks and rewards.

If you are debating whether to add a Platinum Card to your wallet or you are not sure you are getting the most out of it, keep reading.


Before we dive into the benefits, let's summarize how the rewards program works:

Cardholders are automatically enrolled in the American Express Membership Rewards program, which means you will earn 1 point per $1 spent on eligible purchases. 5X points on flights booked directly with airlines or with American Express Travel. 5X points on eligible hotels booked on

To sweeten the deal, American Express offers a 60,000-point bonus to new members when they use their card to make at least $5,000 in purchases during the first 3 months.

What can you do with the points? The points you earn with the Platinum Card can be redeemed for flights, hotel stays, car rentals, vacation packages, shopping, gift cards, and more. Redemption starts at 5,000 points, and each point is worth 1 cent when you are using them for flights. Points can be transferred to select frequent flyer or hotel loyalty programs.


© hernanpc (CC BY-SA 2.0) via Flickr

On top of the points you earn when you use the card, each member also receives up to a $200 credit per year for things like baggage fees, incidentals, and in-flight meals aboard qualifying airlines. To receive the statement credit, you need to select a qualifying airline.

Platinum card members can now enjoy $15 in Uber credits each month ($35 in December). That's up to $200 Uber Savings annually. Keep in mind, unused credits do not roll over and the credit may only be applied to rides within the United States.

You can also get an additional $100 statement credit towards the Global Entry or TSA Pre program every 4 years. To receive the statement credit, you must charge the application fee to your Platinum card.


When you're in the middle of a hectic trip or your flight's been delayed, escaping to the airport lounge gives you a chance to recharge. The Platinum Card features complimentary access to 5 airport lounge networks. That includes access to Delta Sky Clubs, The Centurion Lounges, American Express International Lounges, and Airspace Lounges. At a participating airport lounge, you need to show your Platinum Card, photo ID, and same-day boarding pass to get in.

You also have the option of enrolling in Priority Pass Select (at no additional cost). This program offers access to more than 950 lounges at airports around the world. The annual membership fee typically ranges from $99 to $399, depending on which level you choose. That's a substantial savings you're getting just by having the Platinum Card.

Each lounge has specific policies about bringing guests, so you'll need to review the rules carefully before you pay a visit. For instance, there may be limits on the number of guests you can bring or a minimum age limit. You may also have to pay a separate guest fee for bringing someone along, which is automatically charged to your card.


Having a personal assistant to help you with all the things on your to-do list would be nice, but it's not exactly realistic. With Platinum Card Concierge Service, however, you can come pretty close.

Concierge staff is available to answer questions and assist with a number of different tasks, such as finding tickets for a popular event, arranging for shuttle transport between the airport and your hotel, or helping you track down a bouquet for someone special. There is typically no additional fee involved, unless you need extensive help with planning a large-scale event or meeting.


The Platinum Dining Program allows you to use Concierge service to reserve a table at more than 1,000 restaurants worldwide. Consultants can also help with reviewing menu selections, providing travel directions, or making any other special arrangements before you arrive at the restaurant.

Platinum Travel Service is a separate card feature that can help you get the most out of your trip. Travel Counselors are available 24/7 to provide recommendations, help you find special offers or other travel benefits, and guide you on how to use your Membership Rewards points.


Traveling around the world is an adventure, and the Platinum Card helps you take someone along. Any time you book an eligible international flight aboard one of 25 participating airlines in either business or first class, you can get a companion ticket added to your itinerary at no extra charge.


When you're planning a trip, your Platinum Card can make your hotel stay more enjoyable. If you book through the FINE HOTELS & RESORTS program, depending on the hotel, some of the extras you can take advantage of include noon check-in times when available, room upgrades upon arrival, daily breakfast for two, and 4 p.m. late checkout. Each partner property also offers additional benefits to cardholders, such as a $100 food and beverage credit or complimentary spa treatments.

But that's not all. Members of the Starwood Preferred Guest Program are upgraded to Gold Status if they have a Platinum Card account. At the Gold Status, you'll earn 3 Starpoints for every dollar you spend on eligible Starwood hotel stays and enjoy other bonuses like free room upgrades, late checkout (subject to availability), and your choice of a complimentary welcome gift.

Plus, you can enroll to enjoy the benefits of complimentary Hilton Honors Gold Status.


Booking your vacation through Platinum Destinations can score you some serious points that you can use to save on future trips. Depending on which package you choose, you could earn 5,000, 10,000 or 25,000 Membership Rewards points with your card. That's up to $250 you can get towards your next flight.

If you don't want to stay at a hotel during your getaway, you have the option of reserving a private villa through the Platinum Travel Service instead. Luxury private residences are available in Argentina, the Caribbean, Costa Rica, France, Greece, Italy, Mexico, Morocco, Nicaragua, Spain, and Thailand. If you're planning a trip to any of these spots, choosing a villa gives you that "home away from home" experience.

Any time you purchase a cruise of 5 nights or more with your card, you'll get a shipboard credit of $100 to $300 per room. By booking through American Express Travel, your Membership Rewards points you earn 2x points. You'll also get exclusive amenities offered directly through the cruise line for being a Platinum Card member.


Another benefit the Platinum Card offers members is access to special events. Subject to availability, you can purchase tickets to Broadway shows, score prime seats for Wimbledon, see your favorite artist live in concert, or sit in the front row at a New York fashion show. Discounts are available for selected events when you use your Platinum Card, and you're always eligible for Preferred Seating.

By Invitation Only is a separate entertainment program for card members who are looking for a once-in-a-lifetime experience at an affordable price. Most event tickets are all-inclusive and trips are already planned out, so the only thing you need to do is show up. If you've ever wanted to watch the Monaco Grand Prix from a VIP yacht or enjoy wine tasting in Napa Valley, the Platinum Card can try to make it happen.


Renting a car can be a huge hassle, but the Platinum Card makes it a little easier. Members get complimentary memberships in Avis, Hertz, and National Car Rental's premium programs. That means you'll qualify for discounts or upgrades as well as a streamlined check-in and check-out process. The card also comes with free loss and damage insurance coverage for eligible rental cars.

Card members who want to travel in style can book a private car service, limousine or even a private jet. You'll earn double Membership Rewards points on limousine reservations and a $300 credit towards limo transfer services if you're traveling by jet. Private jet bookings also include complimentary in-flight catering for everyone in your party.


The Platinum Card also offers lots of other perks beyond the various travel, dining and entertainment benefits that are available. Some of the other features cardholders have access to include:

  • Special offers on shopping
  • Complimentary Wi-Fi at more than 1 million Boingo hotspots worldwide
  • Premium roadside assistance
  • Return and purchase protection
  • Extended warranty program
  • Premium global assistance
  • Baggage insurance
  • Travel accident insurance

There are also no foreign transaction fees associated with the Platinum Card, so you won't have to pay extra for purchases made outside the U.S. You also never have to worry about paying interest on what you charge since your balance must be paid in full each month.


Do you travel? The Global Lounge Collection, Priority Pass Select membership, and Airline Fee Credit makes this a tempting offer.

In our opinion, whether it proves to be a good deal depends on how frequently you use the card, specifically for travel. If you're taking 5 or 6 trips a year to destinations outside the U.S. and using the card for everyday purchases as well, the annual fee may be worth it. On the other hand, if you tend to stay home, you're probably better off choosing a rewards card with a lower fee.

As always, terms and conditions apply.

Next Step: View the issuer's official application, terms, and details

Rebecca Lake is a journalist at CreditDonkey, a credit card comparison and financial education website. Write to Rebecca Lake at Our data-driven analysis has been recognized by major news outlets across the country and has helped travelers make savvy financial and lifestyle decisions. (read more)

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. This site may be compensated through the Advertiser's affiliate programs.

Disclaimer: This content was first published on June 3, 2015. This content may have been updated on October 20, 2015. Information including APR, terms and benefits may vary, be out of date, or not applicable to you. Information is provided without warranty. Please check American Express website for updated information.

More from CreditDonkey:

American Express Platinum Review: Is $550 Worth It?

American Express Platinum vs Visa Black vs Citi Prestige

The Centurion Lounge

Credit Cards with Lounge Access

More Articles in Reviews

The Platinum Card from American Express
Apply for The Platinum Card from American Express
At American Express' Secure Site
  • 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
  • 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
  • Go to issuer's official application, terms, and details
Introductory Bonus Reward PointsTravel RewardsAirline RewardsHotel RewardsPoint RewardsNo Pre-Set Spending LimitConciergeEventsCar Rental Insurance Extended WarrantyPurchase ProtectionReturn ProtectionTravel Accident Insurance$0 Fraud LiabilityIdentity Theft Assistance
Card TypeAnnual Fee
Personal Charge Card

Compare American Express Platinum to:

Compare AMEX Platinum Card vs Premier Rewards Gold Card

Premier Rewards Gold Card from American Express

Compare AMEX Platinum Card vs Chase Sapphire Preferred

Chase Sapphire Preferred® Card

Compare AMEX Platinum Card vs Enhanced Business Platinum

The Enhanced Business Platinum® Card from American Express

Leave a comment about Beginner's Guide to AMEX Platinum Benefits?

Email (won't be published)

Blue Cash Everyday Review

If you want a cash back credit card with the same rewards categories year-round and no annual fee, then consider the Blue Cash Everyday® Card from American Express. Read on for the pros and cons.

    Airline Rewards

    The best airline credit card racks up miles fast with reasonable fees and amazing rewards.

    Travel Rewards

    Looking for a new travel credit card?

    Credit Card Deals

    Signing up for a card with a sign-up bonus or an introductory offer can be a great way to get a head start on earning rewards or to get a handle on your debt.

    Credit Card Rewards

    So you've decided you want to earn rewards for your spending but aren’t sure how to pick the right card?
    Credit Card Promotions

    American Express Credit Card Offers

    American Express now offer promotions for new credit card applicants. But how do you pick which deal is right for you? Read this in-depth 2017 guide.

    American Express Platinum vs Visa Black vs Citi Prestige

    Congratulations you, the frequent traveler, on graduating to the next level of travel rewards cards. Since airports have basically become your second home, you’ve decided to get the most out of them by joining the elite club of premium cardholders. These cards promise plenty of perks, as long as you’re willing to pay hundreds of dollars a year in annual fees. Yes, being a premium cardholder will cost you, but if you pick the right card, then the benefits will be worth it.

    Earn Airline Miles Without Flying

    Do you want to travel more? Well, guess what? There's an airline miles trick that airlines do not want you to know about.

    List of AMEX Membership Rewards Transfer Partners

    Find the smart way to use AMEX transfer partner. Get brilliant tips to maximize the value of your MR points, and what you should never do.

    American Express Membership Rewards: Value Review

    Earn and use American Express Membership Rewards wisely to get more mileage out of your card.

    23 Ways to Redeem AMEX Membership Rewards

    There are many ways to redeem American Express Membership Rewards points, so how do you decide? Read on for a list of transfer ideas to inspire you.
    The Centurion Lounge

    Credit Cards with Airport Lounge Access

    No one likes waiting for their flight to board. Uncomfortable chairs, crowded terminals, overpriced dining options, dying phone with no outlet for charging... you get the point.

    Chase Sapphire Preferred vs Amex Platinum: Are the Rewards and Benefits Worth the Fee?

    Prestigious credit cards show the true power of plastic through benefits and generous reward programs. Read on for a comparison of Amex Platinum vs Chase Sapphire Preferred to see which one is better.

    AMEX Premier Rewards Gold vs Platinum: Rewards vs Benefits

    They come with prestige and a list of perks, but the differences between the Premier Rewards Gold Card and the Platinum Card are more stark than just two metallic colors. We took a look a deep look at these two cards from American Express, a CreditDonkey partner, so you can make sense of the differences and decide which one is right for you.
    W Hong Kong: We love SPG

    SPG Gold: How to Get SPG Gold Status

    While you could easily visit a travel site and book the cheapest room, that strategy could actually cost you money. You could be better off taking advantage of the many rewards programs offered by most major hotel chains. And of those programs, the Starwood Preferred Guest might just be the best of the bunch.
More Articles in Reviews

Learn more about Travel, Airline and Hotel cards:


Airline Miles for Beginners


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.