American Express
American Express Platinum
American Express
American Express Platinum
Last verified March 2026
The ultimate premium travel card with extensive lounge access and over $1,500 in annual credits.
$695
29.49%
1x base rate
$800 value
Excellent (750+)
None
Rewards Breakdown
5x flights booked direct or via Amex Travel, 1x everything else
| Category | Rate |
|---|---|
| Flights (direct) | 5x |
| Flights (Amex Travel) | 5x |
| Hotels (Amex Travel) | 5x |
| Everything else | 1x |
Sign-Up Bonus
80,000 points after spending $8,000 in 6 months
Fees & APR
| Annual Fee | $695 |
| Purchase APR | 29.49% |
| Balance Transfer Fee | None |
| Foreign Transaction Fee | None |
| Late Fee | Up to $40 |
Pros & Cons
Annual Fee Break-Even
Based on 1x base rewards rate @ 1.2¢ per point. Bonus category spending may reduce your break-even point.
Customer Reviews
2,034 reviews
The ultimate travel companion
Centurion Lounges are on another level. Hotel elite status saved me hundreds. If you travel enough, the credits more than cover the fee.
Not worth it unless you travel a lot
$695 is steep. I could only use about $400 of the credits last year. If you don't travel monthly, look at the Gold Card instead.
Status symbol that actually delivers value
Between Uber Cash, airline credits, hotel credits, and entertainment credits — I'm getting over $1,000 in tangible value. The metal card is just a bonus.