The Platinum Card® from American Express has been one of the main cards for high-end cardholders for decades. When American Express introduced the card in 1984, it was seeking to attract consumers who had money to spend, and would be happy to pay the high membership fee to use the card.
While the company has recently attempted to reinvigorate its marketing efforts to bring in new users, the spot occupied by the card remains the same – the Platinum Card® from American Express is still best for premium consumers who can take full advantage of its perks while being comfortable with its $550 annual fee.
1. 5 points for every $1 spent on airfare and hotels
As long as you purchase airfare from American Express Travel or from the airliner, and you book your hotels through American Express Travel, you can expect to get 5 points for every $1 you spend.
2. $200 credit for airline fees
Each year you get a $200 credit to cover the costs of fees charged by your preferred airline, like baggage fees or purchases on the plane. You have to choose one airline to use the credit on each year.
3. Get 60,000 points for spending $5,000
If you spend $5,000 within the first three months of having your card, you will get 60,000 reward points.
4. $200 in Uber credits
Each month you get $15 in credit for using Uber, with a $35 credit in December. You must use the credits each month, because they do not roll over to the next month.
5. Your card is made of stainless steel
Your Platinum Card® from American Express will be made of stainless steel.
6. Access to over 1,000 airport lounges
The Platinum Card® from American Express offers the most premium lounge experience of any card, giving you access to lounges run by American Express and Delta.
7. Major hotel perks when booking at an American Express Hotel Collection property
In addition to getting Gold status at Hilton and Starwood, you also get a range of bonuses, like room upgrades, when you book at hotels included in the American Express Hotel Collection.
A Card For Premium Users
The Platinum Card® from American Express has one of the highest annual fees of any credit card, but it offers a wide range of benefits in exchange. If you are a high-end user that will take advantage of the many bonuses and perks, the card may be just right for you.