SOME CARD INFO MAY BE OUTDATED
This page includes information about these cards, currently unavailable on NerdWallet. The information has been collected by NerdWallet and has not been provided or reviewed by the card issuer.
The American Express Platinum Card® offers benefits far beyond just access to fancy airport lounges and hotel room upgrades. That includes American Express Platinum Card® rental car benefits, which can save you hundreds of dollars by allowing you to potentially avoid buying a separate car rental insurance policy.
Sure, Centurion Lounge access ranks among the marquee benefits on the card famous for its $895 annual fee (see rates and fees), but the less-glamorous benefits are sometimes overlooked. And it's often those benefits that end up saving you the most money in the long run.
Here are some of the rental car perks that holders of the American Express Platinum Card® receive:
» Learn more: The best travel credit cards right now
By signing up, you will receive newsletters and promotional content and agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
AmEx car rental insurance coverage
Should you pay extra for car rental insurance at the counter, or purchase it from a third-party travel insurance provider? When you hold the American Express Platinum Card®, you don't have to decide between purchasing the rental car's insurance policy or going unprotected.
When you pay for your rental with the American Express Platinum Card®, you receive car rental loss and damage insurance, covering rental car theft or damage up to $75,000. Terms apply.
To get this secondary coverage at no additional cost, you only need to meet two requirements:
- Use the American Express Platinum Card® to reserve and pay for the entire cost of the rental.
- Decline the collision damage waiver at the rental company counter.
Additionally, your personal property — such as luggage and electronics — is covered up to $1,000 per person (up to a maximum of $2,000) against loss or damage during your car rental.
If you incur medical expenses due to an accident in your rental car, AmEx will cover up to $5,000 in medical expenses per person for you and your passengers. Additionally, cardmembers and their passengers are eligible for accidental death or dismemberment benefits (up to $200,000 for the cardholder and $20,000 for each eligible passenger in the vehicle).
Limitations to car rental insurance on the American Express Platinum Card®
As good as the AmEx rental car protection is, it doesn't cover every car rental or every situations, including:
AmEx insurance doesn't work in some countries: Rentals in certain countries, including (but not limited to) Australia, Italy and New Zealand, are not eligible for coverage.
Certain vehicles aren't covered: AmEx's car rental loss and damage insurance doesn't cover the following types of vehicle rentals:
- Expensive cars with a retail cost of more than $50,000.
- Exotic car models from brands like Maserati, Bentley and Rolls Royce among others.
- Trucks.
- Full-sized or cargo vans.
- Commercial minivans.
- Customized vehicles.
- Antique cars.
- Limousines.
- Off-road vehicles.
AmEx's insurance benefit doesn't include liability coverage: While your card covers damage to the rental car, it doesn't cover liability for damage you cause to other vehicles or people.
If you already own a car, then check your car insurance policy, as it might have liability coverage that extends to rental cars. If not, you might need a separate policy for liability coverage.
It's secondary, not primary coverage: The American Express Platinum Card® provides secondary coverage. That means you'll need to file with your insurance company first before you file with American Express. Terms apply.
🤓 Nerdy Tip
Primary rental car insurance acts as your main source of rental car coverage, which can pay for repairs or a replacement, typically up to policy limits. Coverage can come from your personal car insurance policy extending to rentals, a policy purchased directly from the rental car company, a policy purchased from a third-party company or through your credit card. Secondary rental car insurance only kicks in after your primary coverage has been exhausted. It's fairly common for credit cards with car rental insurance benefits to only extend to secondary coverage, save for a few exceptions, including the Chase Sapphire Reserve®. Since Chase Sapphire Reserve® car rental insurance is primary coverage, not secondary, you don’t have to report the incident to your personal auto insurance company.
If you want primary rental car insurance coverage, you can purchase it separately from American Express. This paid product covers car rentals of up to 42 consecutive days and specifically includes luxury cars and other premium vehicles — all for a reasonable rate of less than $25 per rental. That's generally much cheaper than purchasing coverage through the rental car company.
Exact prices depend on your coverage selections and state of residency. To get up to $100,000 in theft and damage coverage, Florida residents would pay $15.25 per rental, California residents are charged $17.95 and residents of all other states pay $24.95 per rental.
In addition to covering your rental car, AmEx premium car rental protection provides:
- Up to $100,000 of accidental death or dismemberment coverage ($250,000 for California residents).
- Up to $15,000 for secondary medical expenses per person.
- Up to $5,000 for secondary personal property coverage ($15,000 for Florida residents).
However, as with the complimentary American Express Platinum Card® car rental insurance, liability coverage isn't provided as part of this coverage.
Terms apply.
American Express Platinum Card® car rental elite status
Those with the American Express Platinum Card® receive elite status with three rental car companies: Avis Preferred Plus, Hertz Gold Plus Rewards and National Emerald Club.
Exact elite status benefits vary across programs, but generally entail rental car upgrades, accelerated credits toward free rentals and the ability to skip the rental car check-in counter when picking up your car.
Alas, car rental elite status isn't automatically granted. You'll annoyingly have to enroll with each car rental company by creating a loyalty account and linking your card.
» Learn more: How to avoid long lines at rental car counters
Avis Preferred Plus
Cardmembers who enroll get Avis Preferred Plus status (which typically requires 10 rentals or spending $4,000 in a calendar year). This entails complimentary upgrades and bonus points each time you rent from Avis.
You'll also get access to an Avis Preferred Plus reservations and a customer service phone number. Plus, rental car deals are available when you use Avis Worldwide Discount discount code A756900. Terms apply.
Hertz Gold Plus Rewards President's Circle
American Express Platinum Card® members can enroll for President's Circle status in the Hertz Gold Plus Rewards program. This status lets you add an extra driver for no additional cost, bypass the counter and earn 1.5 points for every dollar spent, as well as receive guaranteed upgrades with all bookings. You'll have to enroll to join the program first, then apply for this status upgrade through the American Express Platinum Card® on a special site.
Enrollment required. Terms apply.
National Car Rental Emerald Club Executive
Holders of the American Express Platinum Card® can also enroll to get Executive tier status in National's Emerald Club program. With Executive tier status, you'll get to choose your preferred car from the Executive Selection area and get a guaranteed upgrade when renting at least a mid-size car.
Plus, as an Emerald Club Executive, you'll earn a complimentary rental day after earning just six rental credits instead of the typical seven rental credits. Terms apply.
How rental car benefits on the American Express Platinum Card® compare to other credit cards
The rental car benefits on the American Express Platinum Card® are solid, but they're not necessarily the best.
For excellent rental car insurance on a credit card, consider the Chase Sapphire Reserve®. The card has an annual fee of $795 (compared to the American Express Platinum Card®' annual fee of $895), and its coverage is primary rather than secondary . Terms apply.
Both of those cards also offer elite status at National and certain benefits at Avis. With the American Express Platinum Card®, you can also get elite status at Hertz.
Here's a deeper dive into the car rental benefits on some premium travel credit cards:
Cards with auto rental benefits
Annual fee
$95.
$0 intro for the first year, then $150.
$895.
$795.
Rental car benefits
• Primary rental car coverage with reimbursement up to the cash value of most rental vehicles.
• Booking a car rental through Chase Ultimate Rewards® earns 5 points per dollar spent.
• Primary rental car coverage that reimburses up to the cash value of most rental cars.
• Other day-of-travel benefits for United flyers include a free checked bag, priority boarding and lounge passes.
• Elite status with Avis, Hertz and National, which entitles the member to upgrades and discounts.
• Secondary rental car coverage.
• Other benefits include expansive airport lounge access and hundreds of dollars' worth of travel credits.
• Terms apply.
• Primary rental car coverage with reimbursement up to $75,000.
• Booking a car rental through Chase Ultimate Rewards® earns 8 points per dollar spent.
• Cardholders eligible for special benefits from Avis, National and Silvercar.
Learn more
Car rental benefits on the American Express Platinum Card®
Just for being a cardmember of American Express Platinum Card®, you receive well-rounded benefits whenever you rent a car — from elite status with three rental car companies to complimentary rental car protection coverage.
Note that many of these benefits require enrollment. So, take a few minutes now to enroll for elite status with Avis, Hertz and National. Then, pay for your car rentals with the American Express Platinum Card® to get coverage.
If you often rent cars, consider applying for a premium travel credit card that offers car rental benefits such as the American Express Platinum Card®. The car rental coverage isn't the best we've seen across all credit cards (that distinction goes to the Chase Sapphire Reserve®, but it's still pretty good.
Despite the hefty annual fees that these types of cards command, they can often pay for themselves among frequent travelers based off of the travel insurance benefits alone.
Terms apply.
To view rates and fees of the American Express Platinum Card®, see this page.
Insurance Benefit: Car Rental Loss & Damage Insurance
- Car Rental Loss and Damage Insurance can provide coverage up to $75,000 for theft of or damage to most rental vehicles when you use your eligible Card to reserve and pay for the entire eligible vehicle rental and decline the collision damage waiver or similar option offered by the Commercial Car Rental Company. This product provides secondary coverage and does not include liability coverage. Not all vehicle types or rentals are covered. Geographic restrictions apply.
- Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply.
- Please visit americanexpress.com/benefitsguide for more details.
- Underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.
How to maximize your rewards
You want a travel credit card that prioritizes what’s important to you. Here are some of the best travel credit cards of 2026:
- Flexibility, point transfers and a large bonus: Chase Sapphire Preferred® Card
- No annual fee: Wells Fargo Autograph® Card
- Flat-rate travel rewards: Capital One Venture Rewards Credit Card
- Bonus travel rewards and high-end perks: Chase Sapphire Reserve®
- Luxury perks: American Express Platinum Card®
- Business travelers: Ink Business Preferred® Credit Card
Explore more on
Article sources
NerdWallet writers are subject matter authorities who use primary,
trustworthy sources to inform their work, including peer-reviewed
studies, government websites, academic research and interviews with
industry experts. All content is fact-checked for accuracy, timeliness
and relevance. You can learn more about NerdWallet's high
standards for journalism by reading our
editorial guidelines.
