The Platinum Card from American Express is one of most recommended credit cards by The Points Guy. You may also receive up to $500 in credits annually. Card members are also granted access to eligible Delta, Centurion, and Priority Pass lounges all around the world. Earning points is accelerated with 5x points on air travel purchased directly through the airline and 5x points on prepaid hotels booked through Amex Travel. This card earns more points the more you travel.
Card Rating*: ⭐⭐⭐⭐½
While you might assume, based on the hefty annual fee, that the Amex Platinum can only benefit first-class flyers, that isn’t necessarily the case. Yes, the card offers quite a few luxury benefits, but those perks can also make the travel experience easier for families, backpackers and budget travelers. Families can easily take advantage of the up to $200 annual airline-fee credit to cover the cost of additional luggage and inflight food, plus entertainment to keep kids happy while in the air. Lounge access with hot food and a clean shower can make all the difference after a backpacking trip. Hotel benefits like complimentary elite status and access to Amex’s FHR program can mean saving hundreds of dollars on room upgrades (when available), food and more when you’re traveling on a budget.
Right now, the standard welcome bonus offer for the Amex Platinum is 60,000 points after you spend $5,000 in purchases in the first three months. According to TPG valuations, Amex Membership Rewards points are worth 2 cents each, which makes this 60,000-point bonus worth $1,200.
With the Amex Platinum, you’ll earn 5x points on airfare purchased directly with the airlines or through the Amex Travel portal, plus 5x points on prepaid hotels booked through TPG valuations, that’s a 10% return on airfare and an excellent way to earn lots of Membership Rewards points. So if you book a lot of airline tickets, this card is worth considering for that reason alone, especially since American Express has recently added trip delay and trip cancellation insurance.. Based on
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Editorial Note: Opinions expressed here are the 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.