Why the Amex Platinum card is best for active-duty military
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Author note: It may not be time to travel now and many of the benefits of The Platinum Card® from American Express are geared towards making travel easier. As military, we never know when we’re going to need to travel, so I found it best to always be prepared. Consider your credit, financial and travel strategies carefully over the coming months.
I have my nine years of active-duty service in the Navy (Beat Army!) to thank for getting me interested in points and miles. Traveling and moving all the time was hurting my family’s wallet and I knew there had to be a better way to cover some, if not all, of the travel expenses.
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Among the many travel strategies and benefits I took advantage of during my service, one of the best was getting and maximizing The Platinum Card® from American Express, which I continue to have and use to this day. While the Amex Platinum normally has a $550 annual fee (see rates and fees), the true out-of-pocket annual fee for those in active duty is a nice, round $0. Let’s look at why such a great offer exists and what makes one of the best credit cards so beneficial for active-duty military members.
Related reading: The Platinum Card from American Express review
Why the Amex Platinum is the best card for military members
The Platinum Card now is viewed almost reverentially in military circles because its high $550 annual fee is waived each year you’re on active duty and it comes with perks that align nicely with the needs of those in the military. For example, the Amex Platinum gets you into nice airport lounges, comes with multiple annual credits valid toward airlines, Uber and more. Additionally, the card can immediately elevate your hotel elite status to Gold with programs such as Hilton and Marriott.
That’s all on top of the 60,000 bonus Membership Rewards points awarded after spending $5,000 on purchases in the first three months. That 60,000-point bonus is valued at $1,200 by TPG. If you are remotely interested in the card, also check CardMatch to see if you may have an even better welcome offer of 100,000 Amex points (offer subject to change at anytime).
American Express waives the annual fee not only for Amex cards such as the Amex Platinum, but also for any accounts when an active-duty member is registered as an authorized user, including on your spouse’s account. With the Amex Platinum, that’s a savings of $175 a year for up to three authorized users (see rates and fees).
As a result, my fellow officers and senior enlisted all became familiar with the card and held it. We even had office pools where we rotated referral links so the new person coming to the office could sign up and one of us would earn a referral bonus of extra points.
APPLY HERE: Platinum Card from American Express
Amex Platinum benefits
Now that you have the Amex Platinum card — without the $550 annual fee — it’s time to dig into some of the top benefits that come with it.
Related reading: 10 Things to do when you get Amex Platinum
Delta Sky Club access
Because of the Fly America Act, and the rule that all official travel must be booked through the Defense Travel System, Delta is often the airline for your official government travel. When you’re flying Delta and have the Amex Platinum in your wallet, you get free Delta Sky Club entry on your day of travel.
Related reading: The best Delta Sky Club lounges, and how to get into them
Sky Clubs have come a long way in the last few years and in my opinion are the best domestic airline lounges. Remember free entry is only for the cardholder. But, if your traveling partner has a Platinum authorized user card and is also traveling on Delta, they can get in at no charge, too.
If you’re not flying on Delta and your airport has one of these Amex Centurion Lounges, they’re an also excellent option to visit before or between flights, since your Amex Platinum card will get you in. They’re located in 12 airports now, with more on the way in 2020.
- Charlotte (CLT)
- Dallas-Fort Worth (DFW)
- Hong Kong (HKG)
- Houston (IAH)
- Las Vegas (LAS)
- Los Angeles (LAX)
- Miami (MIA)
- New York LaGuardia (LGA)
- Philadelphia (PHL)
- Phoenix (PHX)
- San Francisco (SFO)
- Seattle-Tacoma (SEA)
By the end of 2020, there will three more Centurion Lounges, located in Denver (DEN), New York (JFK),and London Heathrow (LHR). If you’re out of the country on temporary or permanent duty, there are 13 International American Express Lounges:
- Stockholm, Sweden (ARN) — American Express Lounge by Pontus
- Mumbai, India (BOM) — American Express Lounge
- Delhi, India (DEL) — American Express Lounge
- Buenos Aires, Argentina (EZE) — The Centurion Lounge
- São Paulo, Brazil (GRU) — American Express Lounge
- Melbourne, Australia (MEL) — American Express Lounge
- Mexico City, Mexico (MEX) — three Centurion Clubs
- Monterrey, Mexico (MTY) — two Centurion Clubs
- Sydney, Australia (SYD) — American Express Lounge
- Toluca, Mexico (TLC) — Centurion Club
Once inside an Amex Centurion Lounge, you can enjoy amenities such as seasonally inspired food from renowned local chefs, signature cocktails, premium spirits and curated wines — all complimentary. Some lounges offer spa services, wine tasting areas, family rooms and shower suites — also all complimentary.
Related reading: A guide to Amex Centurion Lounges
Priority Pass membership
The U.S. military travels the world, requiring more than just Delta Sky Club access to be comfortable in the majority of airports we transit. Priority Pass lounge club membership picks up the slack and allows you and two guests to enter any of the 1,200-plus lounges for no additional charge. I was consistently pleased during my nine years of travel to find a Priority Pass lounge in almost every airport the Navy required me to visit across Asia and the Middle East.
$200 in Uber credit
In order to go out and enjoy yourself while traveling, all ranks in the military are required to have a plan to avoid potential DUI situations. They also often have a curfew. Uber comes in handy here and it’s even better when you have $15 in free Uber credit every month (with a $20 credit in December) courtesy of your Platinum Card. Credits are only good for use in the U.S. (one of my biggest pet peeves right now with Uber), and they do not carry over to the next month. They can also be used toward Uber Eats if you don’t need or want a ride that month.
$200 in airline credits
Every calendar year you receive up to $200 in statement credits from a participating airline of your choice to cover any incidental fees — such as checked bags and inflight food and beverage — you charge to your Platinum card. I view this benefit as the icing on the cake for the Amex Platinum when you aren’t paying an annual fee.
Not only does Amex not require you to pay $550, it then gives you another $200 to spend with an airline of your choice each and every year.
Hotel elite status
Hilton Honors Gold and Marriott Gold status come with being an Amex Platinum cardholder. These will make your hotel stays worldwide more comfortable, may score you breakfast in some Hilton properties, and should give you bonus points in your hotel loyalty accounts on government-paid room nights.
Remember you have to use your Government Travel Charge Card to pay for the room, meaning you won’t earn points via your credit card, but you can keep the points earned for staying the night in your hotel account.
Up to $100 Global Entry/TSA PreCheck credit
If you’re in the military, you need Global Entry. If you stay in service more than a few years, you’re going to travel internationally and there’s a good chance it will be via commercial air.
Get Global Entry now and skip the immigration line upon return to the U.S. It’s free to apply, after you pay the application fee with your Amex Platinum card as it offers a statement credit for the $100 application fee. Plus, Global Entry includes TSA PreCheck for free. You’ll be reimbursed once every four years for the fee. If you already have Global Entry, use it to get a friend or family member registered for free. Anyone can use the credit, not just the cardholder.
The Servicemembers Civil Relief Act and Military Lending Act
The ability to get cards such as the Amex Platinum while on active duty without paying the annual fee is largely thanks to the Servicemembers Civil Relief Act (SCRA) and the Military Lending Act (MLA). SCRA offers financial and legal protection for, among other things, credit cards, mortgages and taxes. Some of the most important of these benefits include:
- Reduced interest rates. The interest rate on debt — including credit cards, car loans, business obligations and some student loans, as well as fees, service charges and renewal fees — is cut to 6 percent for anything incurred before entering active-duty service. For mortgages, the lower interest rate extends for a year after active-duty service.
- Foreclosures are postponed. No sale, foreclosure or seizure of property for nonpayment of pre-service mortgage debt is allowed if done during or within nine months after your service on active duty, unless there’s a valid court order. This is especially helpful in states that allow foreclosures to proceed without involving the courts.
- Deferred income taxes. The Internal Revenue Service, along with state and local taxing authorities, must defer your income taxes due before or during your military service if your ability to pay is materially affected by military service. Also, no interest or penalty can be added because of this deferral.
- Protection for small-business owners. If you own a small business, your nonbusiness assets and military pay are protected from creditors while you’re on active duty. This also applies to business debts or obligations.
- Termination of automobile leases. You may terminate an automobile lease under circumstances that include: signing a lease agreement before being called to active duty; signing an agreement and then receiving permanent change-of-station orders outside the continental U.S.; or signing an agreement and then receiving orders to deploy.
The MLA protects service members as well as their dependents from certain lending practices. The highlight of the MLA is the implementation of the Military Annual Percentage Rate (MAPR) regulation. This prevents creditors from exceeding 36% annually in total credit-related charges to covered borrowers under the MLA. The MLA has been amended multiple times since it was enacted in 2006, which expanded what credit services were covered in an attempt to prevent credit agencies from shifting and hiding fees. This expansion of covered services prompted many credit card companies to waive annual fees in order to avoid complication. You can find an in-depth explanation of the MLA here.
There was a recent change in the way American Express processes annual fee waivers and benefits for military card members. Whether your annual fee is waived based on the SCRA or MLA depends on the time you apply for the card versus when you entered active service. If you held the card prior to active service, your fee is waived based on the SCRA. If you apply for the card after you are active duty, you need to request relief under the MLA.
You can request Amex SCRA benefits online but must call or chat with an Amex rep to request MLA benefits.
When should you apply for the Amex Platinum?
With the rise of COVID-19, it may not be time to travel right now, but the Platinum card is something you can utilize and maintain throughout your military service with no annual fee. There is one card strategy to consider if you’re active-duty military before jumping to get the Platinum Card from American Express: You need to consider maximizing your Chase 5/24 status first and ensuring you have a path to earn valuable Chase Ultimate Rewards points.
Applying for the Amex Platinum will add to your 5/24 standing, so you don’t want to prevent yourself from getting a Chase Sapphire Reserve (now also waiving the annual fee for new sign-ups from military members) or a Chase Freedom Unlimited Card.
The information for the Chase Freedom Unlimited has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.
APPLY HERE: Platinum Card from American Express
Other military-friendly Amex cards
Like the other Amex cards, this card’s $250 annual fee (see rates and fees) is waived for active duty military personnel. The welcome offer is 35,000 valuable Membership Rewards points after spending $4,000 on purchases with the card in the first three months. These points are valued at $700 by TPG. The card earns a generous 4x points per dollar spent for dining worldwide and U.S. supermarkets (up to $25,000 a year, then 1x), 3x on flights booked directly with an airline and 1x on everything else.
Receive an annual up to $120 credit ($10 monthly) when you use the Gold card at Grubhub, Seamless, The Cheesecake Factory, Ruth’s Chris Steak House, Boxed, and participating Shake Shack locations. There’s also a $100 airline fee credit to cover things including checked bags or inflight food and beverages.
The card’s $550 annual fee (see rates and fees) is waived for active duty members. Right now, new card members receive 40,000 bonus miles and 10,000 Medallion® Qualification Miles (MQMs) after you spend $3,000 on purchases in the first three months of account opening.
The card also gives you an annual companion pass valid on select flights in economy or first class at each renewal, 20% off in-flight purchases, gets the cardholder into the Delta Sky Club when flying Delta and into the Amex Centurion Lounge when flying Delta.
The Hilton Aspire card awards more credits each year than the $450 annual fee costs (see rates and fees), even if you had to pay the annual fee. But, since the annual fee is waived for active duty military, the math gets even better. In addition to the generous welcome bonus of 150,000 Hilton points after you use your new card to make $4,000 in purchases within the first 3 months, the card also gives you instant Hilton Diamond elite status. TPG values those points at $900.
The card’s $450 annual fee (see rates and fees) is waived for military members and the current welcome offer is 75,000 points after spending $3,000 in the first three months of account opening.
This card awards 6x points per dollar of eligible purchases spent at participating Marriott hotels, 3x points at U.S. restaurants and flights booked directly with an airline and 2x points on all other eligible purchases. Perks include an up to $300 annual statement credit on eligible spending at Marriott properties, a free award night (up to 50,000 points) every card anniversary, Gold Elite Bonvoy status and a Global Entry/TSA PreCheck fee credit (up to $100).
USAA Cashback Rewards Plus American Express® Card
This no-annual-fee card offers 5% cash back on your first $3,000 in combined gas and military base purchases annually. Earn 2% cash back on your first $3,000 spent on grocery purchases annually and unlimited 1% cash back on all other purchases. Redeem it for cash or in the USAA Service Rewards Center.
The information for the USAA Cashback Rewards Plus Amex card has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.
I’ve had the Amex Platinum card since 2012 and was sad when I saw the annual fee for the first time after leaving the Navy. Every time I use my card now it reminds me of the years of value my wife and I received from the card all around the world, for absolutely nothing out of our pockets. There are several other benefits not listed above for the card which could also bring you significant value based on your own individual situation, but the bottom line is that those in active duty military may be well served to get the Amex Platinum and enjoy all the perks while paying $0 in annual fees.
Additional reporting by Benét J. Wilson and Summer Hull
Featured photo by Mark Edward Atkinson/Tracey Lee/Getty Images
For rates and fees of the Hilton Aspire card, please click here.
For rates and fees of the Amex Platinum Card, please click here.
For rates and fees of the Amex Gold card, click here.
For rates and fees of the Delta Reserve Amex, click here.
For rates and fees of the Marriott Bonvoy Brilliant card, click here.
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CARD HIGHLIGHTS: Delta Sky Club and Centurion lounge access, up to $200 annual airline fee credit and up to $200 in Uber credits annually
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- Earn 60,000 Membership Rewards® points after you use your new Card to make $5,000 in purchases in your first 3 months.
- Enjoy VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. Uber Cash 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 prepaid hotels booked on amextravel.com.
- 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® program at over 1,000 properties. Learn More.
- $200 Airline Fee Credit, up to $200 in statement credits per calendar year in baggage fees and more at one qualifying airline.
- Get up to $100 in statement credits annually for purchases at Saks Fifth Avenue on your Platinum Card®. That’s up to $50 in statement credits semi-annually. Enrollment required.
- $550 annual fee.
- Terms Apply.
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