Don't forget to register for these benefits with the Amex Platinum

The Platinum Card® from American Express takes the cake for the highest annual fee ($695, see rates and fees) and the highest number of annual statement credits (worth more than $1,400 per year). As a quick recap, here are the standout features of the Amex Platinum:

• Earn 80,000 Membership Rewards Points after you spend $6,000 on purchases within the first six months of card membership.
• Earn 5x on flights booked directly or through Amex Travel (up to $500,000 per calendar year) and hotels booked through Amex Travel and 1x on all other eligible purchases.
• Amex Global Lounge Collection, including access to Centurion Lounges, Priority Pass, and more.
• Important travel and purchase protections such as trip delay and cancellation insurance, return protection and more.

This card has more benefits than practically any other rewards card on the market. The thing you might not realize, though, is that you have to register for some of them before you can use them. Here are the top ones to keep in mind.

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Airline fee credit

Select one qualifying airline on your online Amex account and receive statement credits of up to $200 per calendar year toward incidental fees on the airline of your choice — applicable for baggage fees, seat assignments, inflight drinks, snacks, and others similar charges. Don't forget — if you don't register, you won't receive any statement credits.

Marriott and Hilton elite status

If room upgrades and bonus points sound enticing to you, register for complimentary Hilton Honors and Marriott Bonvoy elite status, both at the Gold level. To enroll, log onto your Amex Platinum account to request enrollment in both loyalty programs.

Priority Pass lounges

While you'll have automatic access to Amex Centurion Lounges upon presenting your Platinum card, be sure to register for your complimentary Priority Pass Select membership on your online Amex account. This will let you into more than 1,300 lounges worldwide — a great alternative to when there isn't a Centurion or Delta Sky Club (when you fly same-day Delta).

Hotel credit

Among the benefits this card recently added, cardmembers now receive up to $200 in annual statement credits when they pay for prepaid Fine Hotels + Resorts and The Hotel Collection, which requires a minimum two-night stay, bookings through the Amex Travel portal using their Amex Platinum. Booking through these programs will also get you elite-like perks, so it's worth checking out.

Uber credit

Receive up to $15 per month (and $35 total in December) in Uber Cash, redeemable for Uber rides or U.S. Uber Eats orders. After adding your Platinum card to your Uber account, you can find your monthly Amex benefit in your Uber Cash balance.

Global Entry or TSA Precheck credit

You don't exactly have to register for this benefit, but use your card to pay for your Global Entry or TSA Precheck application through the respective website and receive up to $100 in statement credits for Global Entry ($85 for TSA Precheck). When your application is due for renewal after 4.5 or five years, you can receive reimbursement through your Amex Platinum again (and again).

Clear Plus credit

Similar to the Global Entry/TSA Precheck credit, pay for your annual Clear Plus membership with your Amex Platinum and automatically receive up to $189 in statement credits per calendar year.

Digital entertainment credit

After enrolling in this benefit on your Amex Platinum account, you'll receive up to $20 in monthly statement credits when using your Amex Platinum to pay for monthly subscriptions through qualifying digital entertainment providers, including Peacock, Audible, SiriusXM, The New York Times, Disney+, ESPN+, Hulu, The Disney Bundle and The Wall Street Journal.

Equinox credit

For monthly Equinox memberships or your Equinox+ fitness app, you can receive up to in $300 statement credits annually when you pay with your Amex Platinum. Enrollment is also required for this benefit online.

Saks credit

Again, enroll in this benefit on your card account. Then, when shopping at Saks Fifth Avenue with your Platinum card, you'll receive $50 in statement credits for January through June and another $50 in statement credits for July through December, so don't try to use your card for the full year $100 benefit all at once.

Bottom line

The Amex Platinum comes with an abundance of lifestyle- and travel-related credits that you'll want to register for, either by paying for the service with your Amex Platinum or enrolling on your online Amex account. These ongoing benefits crown the card as the best of the best — especially if maximized to its full potential, netting you more than $1,400 in value each year.

Official application link: Amex Platinum with a welcome bonus of 80,000 points.

For rates and fees of the Amex Platinum, click here.