The Platinum Card's case rests on premium travel perks and one of the stronger welcome offers around, 175,000 points after $12,000 in spending over six months, which earns it the Best Premium spot on our signup bonus rankings. It earns 5x on flights booked directly with airlines or through Amex Travel (up to $500,000 a year) and 5x on prepaid hotels through AmexTravel.com, and it backs that with Centurion Lounge, Priority Pass, and 10 Delta Sky Club visits a year, plus Marriott Gold and Hilton Gold status. The real catch is the $895 annual fee, which you only recoup by working through a long menu of credits: up to $600 in Fine Hotels + Resorts or Hotel Collection credits, $400 at Resy restaurants, $300 each for digital entertainment, Equinox, and Lululemon, $200 in Uber Cash, $200 in airline fees, $200 for Oura, plus CLEAR Plus, Walmart+, and Uber One. Most of these are monthly or quarterly and require enrollment, so the value depends on whether they match what you already buy. Everything outside flights and Amex Travel hotels earns just 1x, so pair it with a stronger everyday card.
Earn rates & credits
| Category | Rate |
|---|---|
Airlines Booked directly with airlines or through Amex Travel, up to $500,000 per calendar year on first $500,000/yr, then 1x | 5x |
Hotels (via Portal) Prepaid hotels booked on AmexTravel.com | 5x |
Everything Else | 1x |
| Benefit | Value |
|---|---|
Uber Cash $15/month in Uber Cash for Uber Eats or rides ($20 in December) | $15 /mo |
Airline Fee Credit Select one qualifying airline per year for incidental fee credits like baggage and seat upgrades | $200 /yr |
Hotel Credit Up to $600 per year ($300 semi-annually) in statement credits on prepaid Fine Hotels + Resorts or The Hotel Collection bookings through Amex Travel | $300 / 6 mo |
Resy Dining Credit Up to $100 in statement credits each quarter at U.S. Resy restaurants and other eligible Resy purchases | $100 /qtr |
Oura Ring Credit Up to $200 in statement credits per calendar year on Oura Ring purchases at ouraring.com | $200 /yr |
Uber One Credit Up to $10/month back on an auto-renewing Uber One membership | $10 /mo |
Digital Entertainment Credit $25/month toward eligible subscriptions with Disney+, ESPN, Hulu, Paramount+, Peacock, NYT, WSJ, and YouTube (from 8/1/26 Peacock bundles and add-ons are ineligible) | $25 /mo |
CLEAR Plus Credit Up to $219 in statement credits per calendar year for CLEAR Plus airport security membership | $219 /yr |
Walmart+ Credit Monthly credit covering Walmart+ membership ($12.95/month) | $13 /mo |
Global Entry / TSA PreCheck Credit Statement credit every 4 years for the $120 Global Entry application fee or up to $85 for TSA PreCheck | $120 every 4 yr |
Equinox Credit $25/month toward an Equinox gym membership | $25 /mo |
Lululemon Credit $75 per quarter toward purchases at Lululemon | $75 /qtr |
| Total annual credits | $3,024 |
Card details
Regular APR | 19.49%–28.49% variable |
Foreign transaction fee | None |
Approval odds
Product changes
Where cardholders came from before landing on this card, and what they moved it to afterwards. Thicker flows carry a larger share of the changes in that direction.
The Platinum CardBased on 2 reported product changes. Percentages are shares of each direction, not of all cardholders, and a small sample can swing a long way.