On the subject of premium journey rewards playing cards, these days, customers have a number of choices.
Most of those playing cards cost excessive annual charges, however they’ve advantages, assertion credit and bonus-earning classes to assist offset these charges.
The Platinum Card® from American Specific is likely one of the high premium playing cards at present in the marketplace with a brand new $895 annual payment (see charges and charges). The cardboard was just lately refreshed, that includes new and enhanced assertion credit.
However is it price shelling out a whole lot of {dollars}? This is learn how to determine if it is worthy of a spot in your pockets.
Amex Platinum assertion credit and perks
The Amex Platinum gives a laundry checklist of assertion credit that may assist scale back the annual payment price. These credit quantity to over $3,500 in worth per yr, greater than triple the cardboard’s annual payment.
Let’s look at these credit individually and how one can absolutely reap the benefits of them.
Resort assertion credit score
Potential annual worth: As much as $600
Cardmembers obtain as much as $600 in assertion credit every calendar yr ($300 semiannually) when reserving a pay as you go keep by way of American Specific Positive Inns + Resorts or The Resort Assortment on American Specific Journey®. Be aware {that a} minimal keep of two nights is required when you’re reserving via The Resort Assortment. Enrollment is required.
By absolutely utilizing this credit score, you can cowl greater than two-thirds of the annual payment price, bringing down the efficient price to simply $295. It is essential to notice that inns in this system are typically on the pricier aspect, as most are luxurious inns.
Reward your inbox with the TPG Each day e-newsletter
Be part of over 700,000 readers for breaking information, in-depth guides and unique offers from TPG’s specialists
Associated: 10 inns the place your Amex Platinum lodge credit score covers half (or extra) of your keep
Resy
Potential annual worth: As much as $400
Cardmembers obtain an as much as $400 annual Resy credit score (as much as $100 per quarter). To make use of this credit score, simply pay together with your Amex Platinum at an eligible U.S. Resy restaurant; no reservation is required. Enrollment is required. This credit score alone virtually covers half of the annual payment.
It’s extremely simple to make use of, and you could not even understand you are utilizing it. Extra eating places are on Resy than you could suppose, with over 10,000 taking part within the U.S.
Associated: How I get this month-to-month credit score on my Delta Amex with out even making an attempt
Uber Money
Potential annual worth: As much as $200
Cardmembers obtain as much as $200 in Uber Money per calendar yr towards U.S. rides and Uber Eats orders. Cardmembers may register for complimentary Uber VIP standing, which supplies entry to raised vehicles and better-rated drivers in choose places.
You will need to hyperlink your Platinum Card to your Uber account to reap the benefits of this profit. As soon as that is carried out, you may routinely obtain $15 in Uber Money every month, aside from December, when the Uber Money will increase to $35. Be aware that this Uber Money doesn’t roll over when you do not use it.
Uber One assertion credit score
Potential annual worth: As much as $120
Cardmembers additionally obtain an annual as much as $120 assertion credit score that absolutely covers an auto-renewing $96 annual or $9.99 month-to-month Uber One membership. Enrollment is required. Merely pay for an Uber One membership together with your Platinum Card.
Uber One contains advantages like free supply and lowered service charges on Uber Eats orders and money again on Uber rides.
Associated: Frequent Uber or Lyft person? These are the perfect bank cards for you
Digital leisure assertion credit score
Potential annual worth: As much as $300
Amex gives cardmembers a digital leisure assertion credit score that gives reimbursement for quite a lot of streaming and leisure providers, together with:
- Peacock
- The New York Instances
- Disney+, ESPN+ and Hulu or a Disney+ Bundle
- The Wall Road Journal
- Paramount+
- YouTube Premium
- YouTube TV
You possibly can combine and match the way you’d wish to reap the benefits of this, however you may earn as much as $25 in month-to-month assertion credit. Enrollment is required.
Associated: Finest bank cards for streaming service subscriptions
Lululemon assertion credit score
Potential annual worth: As much as $300
The cardboard’s quarterly as much as $75 Lululemon assertion credit score can be utilized at U.S. Lululemon shops (excluding shops) and on-line. Enrollment is required. Keep in mind to make use of this quarter’s credit earlier than September is over.
In the event you do not store at Lululemon, the model gives loads of gadgets you can reward to family members, particularly with the vacation season quick approaching. Some knowledge factors on Reddit even present that buying a present card in-store may even set off this credit score.
Associated: 10 TPG-recommended gadgets to purchase together with your $75 Amex Platinum Lululemon credit score earlier than Q3 ends
Equinox assertion credit score and SoulCycle at residence
Potential annual worth: As much as $300
Persevering with on with the fitness- and lifestyle-focused credit, whenever you pay to your eligible Equinox membership or Equinox+ membership, you may obtain as much as $300 in assertion credit annually (topic to auto-renewal).
Equinox+ prices $40 per 30 days and could also be helpful to those that do not dwell close to a bodily Equinox location. Some Reddit customers have reported that this credit score was triggered after making purchases at an Equinox spa.
You too can use this credit score to obtain as much as $300 in assertion credit towards the acquisition of a SoulCycle bike (as much as 15 bikes per calendar yr). You should be enrolled in an Equinox+ membership to be eligible to obtain this profit. Purchases should be made via this hyperlink to obtain the assertion credit score.
SoulCycle bikes price $2,500, so this credit score successfully features as a $300 low cost. Bikes should be full-priced to obtain the credit score until you reap the benefits of an Amex Supply on SoulCycle. Enrollment is required.
Associated: The 8 finest bank cards to maximise health spending
Clear Plus membership assertion credit score
Potential annual worth: As much as $209
Amex Platinum Card members may save time and stress when transiting via airports with the cardboard’s annual as much as $209 Clear Plus assertion credit score (topic to auto-renewal). Enrollment is required.
Clear Plus allows you to use biometric kiosks for identification functions and skip displaying the Transportation Safety Administration agent your journey identification paperwork. The membership program, paired with TSA PreCheck, is an absolute sport changer when flying.
Associated: What’s Clear airport safety — and is it price it?
Airline payment assertion credit score
Potential annual worth: As much as $200
This is likely one of the most elementary but barely complicated (to some) advantages of the Amex Platinum. Every calendar (not account anniversary) yr, cardmembers can stand up to $200 again in assertion credit towards incidental charges on a single U.S. airline you designate. Enrollment is required.
Technically, this credit score is supposed for use towards fees akin to checked baggage charges, seat task charges, airline lounge passes and comparable bills.
Nonetheless, relying on how airways code sure purchases, it’s also generally attainable to buy airline reward playing cards to make use of towards tickets and be reimbursed by way of the airline payment credit score (though it is price noting that this may change unexpectedly).
Oura assertion credit score
Potential annual worth: As much as $200
Cardmembers obtain an as much as $200 annual Oura assertion credit score. This credit score can solely be used on {hardware} purchases. Oura rings are good rings that monitor quite a lot of well being and health knowledge. Consider an Apple watch, simply in ring type.
The earlier third-generation Oura ring begins at $199, so when you do not thoughts final yr’s mannequin, the credit score would absolutely cowl it. Enrollment is required.
Saks Fifth Avenue assertion credit score
Potential annual worth: As much as $100
The cardboard’s Saks Fifth Avenue credit score is accessible within the type of two as much as $50 assertion credit per yr. Annually, you will get one as much as $50 assertion credit score for Saks purchases between Jan. 1 and June 30 and one other as much as $50 assertion credit score for purchases between July 1 and Dec. 31.
There isn’t a minimal buy required, and enrollment is required.
In the event you do not store at Saks your self, you possibly can nonetheless purchase presents for others.
Associated: Your information to the Amex Platinum Saks Fifth Avenue credit score
Walmart+ assertion credit score
Potential annual worth: As much as $155
One other profit is the as much as $155 in annual assertion credit (allotted as as much as $12.95 per 30 days plus tax) for a month-to-month Walmart+ membership (topic to auto-renewal). Enrollment is required. Plus Up Advantages usually are not eligible.
Walmart+ membership contains the choice for a Peacock or Paramount+ subscription (separate enrollment is required for Paramount+), so ensure to not use your digital leisure credit score on a kind of providers until you’d wish to improve to an ad-free model.
Associated: Walmart Money rewards program: Find out how to earn ‘money,’ save in your invoice and luxuriate in perks
International Entry or TSA PreCheck assertion credit score
Potential annual worth: As much as $30 a yr
Frequent vacationers will take pleasure in these applications providing expedited airport safety or expedited entry into the U.S. If you pay the $120 International Entry utility payment each 4 years utilizing your card or the as much as $85 TSA PreCheck payment each 4 1/2 years utilizing your card, you may obtain the payment again as a press release credit score, as much as $120.
It’s best to all the time go for International Entry, because it contains TSA PreCheck.
Associated: 14 issues to learn about International Entry
Different Amex Platinum Card advantages
The assertion credit talked about above can simply offset the cardboard’s annual payment. Nonetheless, even if you cannot use all of the credit — maybe as a result of you possibly can’t entry Equinox places, you do not like buying at Lululemon or Saks, or you possibly can’t discover anybody to make use of the International Entry/TSA PreCheck credit score that seemingly comes with many journey playing cards — it is nonetheless attainable that the cardboard’s different perks and incomes potential will present sufficient worth to justify the hefty annual payment.
Different key advantages embody:
- Bonus classes: Cardmembers earn 5 factors per greenback spent on airfare when booked instantly with airways or with American Specific Journey® (on as much as $500,000 of those purchases per calendar yr, then 1 level per greenback spent) and 5 factors per greenback spent on pay as you go inns booked on amextravel.com, together with pay as you go Amex Positive Inns + Resorts bookings made on-line.
- Lounge entry: Eligible cardmembers obtain entry to the International Lounge Assortment, which gives the perfect airport lounge entry in the marketplace. It contains Precedence Go Choose membership and entry to Delta Sky Golf equipment (entry is proscribed to 10 visits annually until you spend $75,000 or extra in a calendar yr), Escape lounges, Aspire lounges, Plaza Premium lounges, Centurion Lounges, choose Lufthansa lounges and Worldwide American Specific Lounges.
- Resort elite standing: Cardmembers obtain complimentary gold standing with Hilton Honors and Marriott Bonvoy, in addition to Leaders Membership Sterling standing with The Main Inns of the World.
- Rental automobile advantages: Obtain complimentary rental automobile elite standing with Avis, Hertz and Nationwide. Plus, obtain reductions when reserving via Hertz. You may additionally obtain rental automobile insurance coverage as a cardmember.*
- Journey protections: Cardmembers obtain journey protections like journey cancellation, interruption and delay insurance coverage.** Nonetheless, they do not obtain baggage delay reimbursement.
Enrollment is required for choose advantages.
*Eligibility and profit degree varies by card. Not all car varieties or leases are lined, and geographic restrictions apply. Phrases, circumstances and limitations apply. Go to americanexpress.com/benefitsguide for particulars. Insurance policies are underwritten by AMEX Assurance Firm. Protection is obtainable via American Specific Journey Associated Providers Firm, Inc.
**Eligibility and profit degree varies by card. Phrases, circumstances and limitations apply. Go to americanexpress.com/benefitsguide for particulars. Insurance policies are underwritten by New Hampshire Insurance coverage Firm, an AIG Firm.
There are different advantages cardmembers might be able to extract much more worth from.
Plus, you’ll get immense worth from the cardboard’s profitable welcome supply.
New cardmembers can discover out their supply and see in the event that they’re eligible for as excessive as 175,000 bonus factors after spending $8,000 on purchases throughout the first six months of card membership. Welcome gives range, and also you might not be eligible for a proposal.
Primarily based on TPG’s September 2025 valuations, this welcome supply is price as much as $3,500.
Associated: My tackle the $895 Amex Platinum: Is the worth hike definitely worth the added perks?
Is it definitely worth the annual payment?
Even when you use solely a 3rd of the cardboard’s advantages, you may seemingly come out forward. Simply utilizing the lodge, Resy and airline assertion credit alone greater than covers the annual payment with out even contemplating any of the opposite advantages.
In the event you’re a frequent traveler, the premium journey perks like lounge entry and elite standing additionally make this card definitely worth the annual payment.
Nonetheless, the reply to this query actually relies on your journey and way of life habits. In the event you do not journey continuously or suppose you can use at the very least a 3rd of the cardboard’s assertion credit, the annual payment almost certainly will not be price it, and you will be higher suited with a card with a decrease annual payment.
Associated: Who ought to (and should not) get the American Specific Platinum?
Backside line
The Amex Platinum now has an $895 annual payment, however for a lot of vacationers, the cardboard’s advantages will greater than offset this new cost.
In the event you can maximize these annual assertion credit, you may recover from $3,500 in worth. Plus, the varied different advantages of the cardboard will be price much more for probably the most frequent vacationers.
If the annual payment is not price it for you however you are still thinking about an American Specific rewards card, take into account the American Specific® Gold Card. It is nice for foodies who eat out or order supply usually.
To study extra, learn our full assessment of the Amex Platinum.
Apply right here: The Platinum Card from American Specific
For charges and charges of the Amex Platinum, click on right here.
