Maximizing Amex Post 10: Car Rental Benefits

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This is another installment in my Maximizing Amex series where I examine the benefits of American Express cards and Amex’s Membership Rewards Program. The articles include; Post 1: Understanding the Card Offering. Post 2: Understanding Membership Rewards. Post 3: Understanding Transfer Bonuses. Post 4: Platinum Card Review. Post 5: SkyTeam Transfer Partners. Post 6: Oneworld Transfer Partners. Post 7: Star Alliance Transfer Partners. Post 8:Understanding Emergency Travel Assistance and Travel Accident Insurance. Post 9: Purchase and Return Protection and Extended Warranty. Post 10: Car Rental Benefits. Post 11: Gold and Premier Rewards Gold Card Comparison.

As a New Yorker without a car or insurance, having sufficient car rental coverage is very important as I can’t afford to be on the hook for all of the fees associated with being in an accident. This is one of the main reasons why I always pay with an American Express card when renting a vehicle. The coverage gives me a peace of mind that is invaluable. Beyond insurance coverage, there are also other fun perks like elite status. Let’s take a look:

Standard Rental Loss and Damage Coverage: Available on most American Express cards, except Corporate cards. All you have to do is use your card when you are the primary renter when you reserve and pay for your auto rental. Say “No Thanks” – Decline the collision damage waiver (CDW) or similar option when you are reserving and picking up your car from a Commercial Car Rental Company. The Car Rental Loss and Damage Insurance Plan provides coverage against theft of or damage to most rental vehicles. Coverage applies for the first 30 days, and is in excess to your other sources of insurance.
Exclusions: No coverage is provided for vehicles rented in Australia, Ireland, Italy, Israel, Jamaica and New Zealand. In addition, the Plan does not cover liability or another type of loss.
Link to submit a claim.

Premium Car Rental Protection: Available on most American Express cards, except Corporate cards. One flat price of $24.95 per rental period, not per day ($17.95 for California Residents). I enroll for this since I don’t have primary insurance and it automatically covers me for my rentals – even when I use Hertz points for award rentals.
Coverage: is primary. You won’t have to file a claim with your personal insurance company and risk having your premiums increase. There are no deductibles.
There is no cost to enroll and you will only be billed a premium when you use your enrolled Card to rent a car until your enrollment is terminated. Covers most vehicles typically available from a Rental Company.
Coverage (for you and your passengers):
Up to $100,000 of primary coverage for damage or theft of a Rental Car.
Up to $100,000 of Accidental Death or Dismemberment coverage.
Up to $15,000 for excess medical expenses.
Exclusions: Coverage is worldwide, except for vehicles rented in Australia, Ireland, Israel, Italy, Jamaica, and New Zealand.
Coverage is for up to 42 consecutive days (up to 30 consecutive days for Washington State Cardmembers) and automatically extends to your other noncorporate American Express® Card accounts.

Elite Status and Perks with Hertz and National: Exclusive to Platinum Cardholders.
Hertz: Enjoy complimentary membership in Hertz #1 Club Gold, which includes complimentary One Car Class Upgrade (subject to availability) and expedited check-out (your car will show up on the screen so you skip the check-in counter). You can enroll now in the Hertz #1 Club Gold. Just have this information on hand:
Company Name: American Express Platinum
CDP Number: 211762
Assigned Promo Code Number: 154
Complete the enrollment form and submit to Hertz
Also, you get a 4 hour grace period on your return when you use your Platinum card CDP 211762.

Avis: Enjoy complimentary membership in the Avis Preferred Service program, which includes: Special discounts on normal time and mileage rates at participating Avis locations, as follows:
15% off local daily and weekly rates in Canada and the U.S. (excluding Hawaii)
5% off local weekend rates in Canada and the U.S.
10% off Intercity rates in Canada; 5% off Intercity rates in the U.S.
Up to 20% off rates outside of Canada and the U.S. *
5% off promotional rates in Canada and the U.S.

Just charge your rental to your Platinum Card and quote your Avis Worldwide Discount (AWD) #C076700 to enjoy the savings. Click here for more information.

The Platinum Card® from American Express

The American Express Platinum card has some of the best perks out there: cardholders enjoy the best domestic lounge access (Delta SkyClubs, Centurion Lounges, and Priority Pass), a $200 annual airline fee credit as well as up to $200 in Uber credits, and mid-tier elite status at SPG, Marriott, and Hilton. Combined with the 60,000 point welcome offer -- worth $1,140 based on TPG's valuations -- this card is a no-brainer for frequent travelers. Here are 5 reasons you should consider this card, as well as how you can figure out if the $550 annual fee makes sense for you.

Apply Now
More Things to Know
  • Earn 60,000 Membership Rewards® points after you use your new Card to make $5,000 in purchases in your first 3 months.
  • Up to $200 for Uber rides annually. Credit and Uber VIP status available to Basic Card Member only.
  • 5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel.
  • 5X Membership Rewards® points on eligible hotels booked on
  • As a Platinum Card Member, you can enjoy access to the Global Lounge Collection, the only credit card airport lounge access program that includes proprietary lounge locations around the world.
  • Receive complimentary benefits with an average total value of $550 with Fine Hotels & Resorts. Learn More.
  • $200 Airline Fee Credit, up to $200 per calendar year in baggage fees and more at one qualifying airline.
  • Terms Apply.
  • See Rates & Fees
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Terms and restrictions apply. See rates & fees.

Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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