The Platinum Card® from American Express is a true trailblazer. It debuted in 1984, making it one of the first travel rewards credit cards. All those years in the industry have given it a leg up on the competition; it comes packed with all sorts of perks. Those benefits, however, come tethered to a $695 annual fee. If the mere mention of the card's cost doesn’t scare you off, this might be a travel rewards card to consider.
The Platinum Card® from American Express is right for you if …
You are attracted to a big welcome offer
The current welcome offer is as follows: Earn 100,000 Membership Rewards® Points after you spend $6,000 on purchases on the Card in your first 6 months of Card Membership. Terms Apply. If you think you can hit that spend by prioritizing this card during those first few months to cover planned purchases, this card could be worth a shot.
You're an AmEx fan
This card is great for American Express brand loyalists because it rewards you for staying in the AmEx ecosystem. If you book flights and hotels through AmEx Travel, you'll earn 5 Membership Rewards points for every $1 spent. You can also earn 1 point for every $1 spent on everything else. Terms apply.
You fly often
One of the top perks of the The Platinum Card® from American Express is its yearly travel credit of up to $200. This money can be used to offset the nickel and diming that often comes with airline travel. It will cover everything from seat upgrades to checked bag fees to in-flight entertainment. The credit is applied to one specific airline of your choice — AmEx partnerships include Alaska Airlines, American, Delta, Frontier Airlines, Hawaiian Airlines, JetBlue, Spirit Airlines, Southwest and United — per year. And you can change the airline once a year. Terms apply.
Cardholders can also breeze through security with a Clear membership where available. You'll get up to $179 back per year to offset this fee when it's purchased with the card.
You use Uber
Speaking of credit, The Platinum Card® from American Express is great for Uber fans. This card comes with a yearly credit of up to $200 to use toward the transportation service in the U.S. You'll also get Uber VIP status, which gives you access to the top drivers with the top cars. The one catch? The credits are issued monthly — $15 a month and $35 in December — and don't roll over each month. Terms apply.
You want access to airport lounges
Lounges are an oasis in the middle of airport chaos, providing relief in the form of free drinks and food, fast Wi-Fi, spa services and even private workspaces. If you believe those little perks add up, we have great news for you: The Platinum Card® from American Express opens the doors to more than 1,000 airport lounges across the globe. That includes AmEx's Centurion Lounges, Delta Sky Clubs and Priority Pass Select and Airspace lounges.Terms apply. When you consider that a Priority Pass Prestige membership costs $429 per year, the $695 annual fee of The Platinum Card® from American Express doesn't seem so steep anymore.
To view rates and fees of The Platinum Card® from American Express, see this page.
How to Maximize Your Rewards
You want a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2021, including those best for:
Flexibility, point transfers and a large bonus: Chase Sapphire Preferred® Card
No annual fee: Bank of America® Travel Rewards credit card
Flat-rate travel rewards: Capital One Venture Rewards Credit Card
Bonus travel rewards and high-end perks: Chase Sapphire Reserve®
Luxury perks: The Platinum Card® from American Express
Business travelers: Ink Business Preferred® Credit Card
Planning a trip? Check out these articles for more inspiration and advice: Luxury isn’t cheap with the AmEx Platinum credit card NerdWallet’s top travel credit cards American Express Membership Rewards: How to earn and use them