The Platinum Card® from American Express

Premium travel card with 5x points on flights and hotels, airport lounge access, $200 airline fee credit, $200 hotel credit, and $240 digital entertainment credit.

Last checked on June 9, 2026. We may earn a commission when you click through.

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✓ 5x points on flights and hotels booked via Amex ✓ Access to airport lounges worldwide ✓ $200 airline fee credit annually
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The Platinum Card® from American Express

Amex · cashback

Our Verdict

The Platinum Card® offers exceptional travel rewards and benefits, but comes with a high annual fee that may not suit everyone.

What it really costs

Annual fee $695
APR Range 21.99% – 29.99%

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Who it's for

Ideal for frequent travelers who can maximize rewards and benefits, particularly those who value luxury travel experiences.

Watch out

The high annual fee may deter casual users who do not travel often or spend significantly on travel-related expenses.

The good and the not so good

  • 5x points on flights and hotels booked via Amex
  • Access to airport lounges worldwide
  • $200 airline fee credit annually
  • $240 digital entertainment credit
  • Sign-up bonus of 80,000 points after $8,000 spend
  • High annual fee of $695
  • Requires excellent credit score (740+)
  • Limited to travel-focused rewards
  • Potential for overspending to maximize benefits
  • Some benefits may be underutilized

In-Depth Review

The Platinum Card® from American Express stands out as a premium travel card, providing extensive rewards and benefits tailored for avid travelers. With 5x points on flights and hotels booked through Amex, users can accumulate points quickly, especially if they utilize the card for their travel expenses. The access to airport lounges enhances the travel experience, making lengthy layovers more comfortable. Moreover, the card offers substantial credits, including $200 for airline fees and $240 for digital entertainment, which can help offset the hefty $695 annual fee. However, this card is not for everyone. The annual fee is significant, and users must be cautious not to overspend in order to take full advantage of the rewards. It requires an excellent credit score, which may exclude many potential cardholders. Additionally, if travel is not a regular part of your lifestyle, the benefits may go largely unused. Compared to other travel cards, such as the Chase Sapphire Reserve, the Platinum Card® leans heavily into luxury perks, which may not appeal to all consumers. Overall, it's a solid choice for dedicated travelers who can leverage its offerings effectively.

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