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4 unique perks that keep the Amex Platinum in my wallet
Katie Genter is a digital nomad who has traveled full time since June 2017. She writes and edits stories about points and miles, and loyalty programs, often letting her personal experiences color these stories.
July 11, 2021 • 14 min read
The cards we feature here are from partners who compensate us when you are approved through our site, and this may impact how or where these products appear. We don't cover all available credit cards, but our analysis, reviews, and opinions are entirely from our editorial team. Terms apply to the offers listed on this page. Please view our advertising policy and product review methodology for more information.Editorial disclaimer: Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.
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Quick summary
A leading premium travel rewards card offers a wide range of luxury travel and lifestyle benefits, including unique perks not found on other consumer cards.
Key benefits highlighted include a monthly digital entertainment credit, extensive airport lounge access, annual hotel booking credits and complimentary elite status with two major hotel loyalty programs.
The card provides access to exclusive airport lounges, including Centurion Lounges, and offers statement credits for select hotel and digital entertainment purchases.
Additional cardholders can access most of these unique perks for a relatively modest annual cost.
What to consider
Enrollment is required for select benefits, such as lounge access and hotel elite status.
Lounge access policies and guest allowances vary by location, so travelers should review requirements before visiting.
Elite status benefits with hotel programs are subject to availability and may not include all perks available when booking directly with the hotel.
What you'll miss from the article
A detailed breakdown of four standout perks that distinguish this premium travel rewards card from others on the market.
Generated by AI with support from our editorial team.
Update: Some offers mentioned below are no longer available. View the current offers here.
Among premium travel rewards cards, one consumer card stands out due to its excellent cardmember benefits. This card is The Platinum Card® from American Express, which offers a massive selection of luxury travel perks.
But, despite its new massive $695 annual fee (see rates and fees), the Amex Platinum remains a staple in my wallet. After all, the Amex Platinum provides a collection of unique perks that aren't available on any other readily available consumer card. Today, I'll discuss four of them that are keeping this card securely in my wallet.
Before diving into my favorite four unique Amex Platinum perks, let's take a quick look at what you should know about the Amex Platinum.
Current welcome offer
The welcome offer on the Amex Platinum is currently 80,000 Membership Rewards Points after you spend $6,000 on purchases within the first six months of card membership.
However, you may also want to check the CardMatch tool for an Amex Platinum offer that better suits your situation (offer subject to change at any time).
Whether you're a new cardmember or an existing cardmember, the Amex Platinum offers many cardmember perks, including:
5x points on flights booked directly with airlines or with American Express Travel (on up to $500,000 in purchases per calendar year); 5x points on prepaid hotels booked with American Express Travel; 1x points on other purchases
Up to $200 back in statement credits each year on prepaid Amex Fine Hotels & Resorts or The Hotel Collection bookings with American Express Travel when you pay with your Amex Platinum on stays of two nights or more*
Up to $200 in Uber Cash each calendar year to use in the U.S. on Uber rides or Eats orders, provided as up to $15 every month plus an up to $20 bonus in December*
Up to $20 in statement credits each month (up to $240 annually) when you pay for eligible purchases with the Amex Platinum at your choice of one or more of the following providers: Peacock, Audible, SiriusXM, The New York Times, Disney+, ESPN+, Hulu, The Disney Bundle and The Wall Street Journal*
Up to $200 in statement credits per calendar year to cover fees (and lots of other things) with one qualifying airline*
When considered together, it's no wonder the Amex Platinum is one of the best travel rewards cards. I'll discuss my favorite four perks unique to the Amex Platinum in the remainder of this guide.
This is essentially free money for me. The Amex Platinum will give you up to $20 in statement credits every month when you use the card to pay for a membership with one or more of these providers:
Peacock
Audible
SiriusXM
The New York Times
Disney+
ESPN+
Hulu
The Disney Bundle
The Wall Street Journal
I know that's not a huge selection (hopefully it'll quickly grow over time), but I've got subscriptions to both Peacock and Audible Premium Plus, which costs almost exactly $20 per month. That's $240 per year that I'll save for absolutely zero effort.
This benefit effectively lowers the card's annual fee to $455 per year single-handedly. It puts me in the position of deciding whether the remaining card benefits are worth that dollar amount -- and they definitely, definitely are. Enrollment required.
The American Express Centurion Lounge in Denver (Photo by Zach Griff/The Points Guy)
I keep the Amex Platinum in my wallet due to the unique lounge access it unlocks. Specifically, as an Amex Platinum or The Business Platinum Card® from American Express cardmember, you'll get access to lounges in the following networks (enrollment required for some):
Amex has announced a significant expansion to its network of Centurion Lounges and Centurion Studios, with more than 40 locations planned worldwide. As part of this expansion, U.S.-based Escape Lounges will be rebranded as Escape Lounges– The Centurion Studio Partner. And Amex is expanding access to Lufthansa lounges worldwide to include various European and U.S. airports.
(Photo courtesy of Ryan Patterson/The Points Guy)
Sure, I have Priority Pass lounge access through several other cards. And I could get Delta Sky Club lounge access with the Delta SkyMiles® Reserve American Express Card or Delta SkyMiles® Reserve Business American Express Card.
But, you pretty much need to have an Amex Platinum, Amex Business Platinum or Amex Centurion card to get access to Amex's Centurion Lounges. And there's simplicity in not carrying a separate card for Delta Sky Club lounge access. Plus, I've enjoyed visiting U.S. Escape Lounges at several airports.
As such, even if it's not a rational decision, the primary reason I'm keeping the Amex Platinum in my wallet is lounge access. Specifically, I want to have Centurion Lounge access and Delta Sky Club access when flying same-day Delta flights as the pandemic subsides and I restart my global digital nomad travels.
Unfortunately, entrance requirements and guest allotment vary from lounge to lounge. So it's best to check Amex's Global Lounge Collection page before visiting. And, although you can access most of the lounge types listed above by showing your Amex Platinum card, picture identification and a valid boarding pass, you'll need to enroll in Priority Pass before you can visit lounges in the Priority Pass network.
A room at the Park Hyatt Beijing, part of the Amex Fine Hotels & Resorts program. (Photo by Katie Genter/The Points Guy)
One of the most undervalued benefits available to American Express cardmembers with a Platinum or Centurion-branded card such as the Amex Platinum is the Fine Hotels & Resorts program. In short, you get elite-like perks when you book rooms through the program. And Amex has recently increased the incentive to book through this program in a big way (I'll explain shortly).
I've used this program to book several stays, including at the Park Hyatt Beijing, Loews Chicago Hotel and Cordis Auckland. When you book through the Amex Fine Hotels & Resorts program, you'll get the following onsite perks:
Room upgrade upon arrival, when available at check-in
Daily breakfast for two people
Guaranteed 4 p.m. late checkout
Noon check-in, when available at check-in
Complimentary Wi-Fi
Experience credit that varies by property but is worth at least $100
I've had great experiences on each of my Amex Fine Hotels & Resorts stays, so maintaining access to the program certainly plays into my decision to keep the Amex Platinum card. After all, I've gotten great value from booking short stays through the program. For example, I once got $160 of food and drink included on a $153 stay in Chicago.
Best of all, you may get elite perks and earnings when you book through Amex Fine Hotels & Resorts. For example, I got elite perks and earnings when I booked the Park Hyatt Beijing through Amex Fine Hotels & Resorts. And several other TPG staffers have reported getting elite perks and earnings on their bookings more recent than my stay. However, since you aren't booking directly with the hotel, elite perks and earnings aren't guaranteed.
And get this -- the Amex Platinum now comes with up to $200 back in statement credits annually when you book prepaid Amex Fine Hotels & Resorts (or a two-night stay at The Hotel Collection) with American Express Travel when you pay with the Amex Platinum. That's huge! (Enrollment required)
Your Hilton Gold status will give you a daily food/beverage credit based on the hotel brand through the end of 2021. (Photo by Katie Genter/The Points Guy)
The final perk that encourages me to keep the Amex Platinum in my wallet is hotel elite status with Marriott Bonvoy and Hilton Honors. Specifically, as an Amex Platinum cardmember, I can enroll in complimentary Marriott Bonvoy Gold Elite status and Hilton Honors Gold status. And, I'll keep these statuses without needing to meet the standard elite qualification requirements as long as I'm an Amex Platinum cardmember and Amex continues to offer this benefit.
Hilton Honors Gold status
I rely on the Hilton Honors Gold status provided by the Amex Platinum card for the following perks:
80% elite status bonus: Receive an 80% bonus on all the Hilton Honors base points you earn
Space-available room upgrades: Up to executive floor room types
Complimentary breakfast: Available either as a My Way member benefit or as a brand amenity at most Hilton brands (this benefit has changed for 2021 -- you'll now receive a daily food/beverage credit worth a dollar amount specific to the hotel brand at which you're staying. Read here for more details)
Fifth night free: Hilton Honors elite members get every fifth night free when booking a stay of five nights or more using points
Late check-out: Must be requested and subject to availability
Complimentary internet: Complimentary in-room and lobby standard internet access during stays at most Hilton brands
To earn Hilton Honors Gold status, you typically need to stay 40 nights, stay 20 times or earn 75,000 Hilton Honors base points within a calendar year. However, Hilton Honors halved its elite-qualification requirements in 2021. You can also get Hilton Honors status as a benefit on several other cards. But, I prefer the simplicity of getting Hilton Gold status from the Amex Platinum.
Until I decided to earn Marriott Bonvoy Platinum Elite status last year, I relied on the Marriott Bonvoy Gold Elite status provided by my Amex Platinum card. While it isn't the best elite status out there, it's much better than nothing. Marriott Gold Elite status provides the following perks:
25% more bonus points on stays: Earn 25% more points than base-level members on eligible purchases with Marriott
Enhanced room upgrade: Based on availability at check-in, but may include rooms with desirable views, rooms on high floors, corner rooms, rooms with special amenities and rooms on executive floors (excluding suite upgrades)
2 p.m. late check-out: Based on availability
Enhanced in-room internet: Get the fastest internet offered by the hotel
Welcome points: 250 points or 500 points depending on the brand (worth $2-4 based on TPG’s valuations)
Unfortunately, unlike cobranded Marriott Bonvoy cards, the Amex Platinum doesn't provide 15 elite night credits each year. So, if you're looking to earn a higher tier of Marriott Bonvoy elite status, you may want to get a Marriott Bonvoy card instead of (or in addition to) the Amex Platinum.
The Platinum Card from American Express provides several unique perks that I don't want to let go of.
Sure, some of these perks are available through other methods. But for many travelers, the Amex Platinum Card is by far the best way to get all of these perks in one simple bundle.
It's worth noting that additional Platinum cardholders are eligible for three of the four unique perks I highlighted in this guide. In fact, I actually use these perks as an additional Platinum cardholder on my husband's Amex Platinum card. Amex Platinum cardmembers can pay $175 (see rates and fees) each year to add up to three additional Platinum cardholders. So, you can share most of the Amex Platinum's perks with up to three other people for a relatively modest annual cost.
Additional reporting by Joseph Hostetler
For rates and fees of the Amex Platinum card, please click here.
Comments
By commenting, you agree to our Community Guidelines to help create a positive space for conversation. The responses below are not provided or commissioned by the bank advertiser, our partners, or The Points Guy (“TPG”). They have not been reviewed, approved, or otherwise endorsed by any of these parties. All responses are submitted by individual contributors, and neither the bank advertiser, our partners, nor TPG are responsible for ensuring that all posts and/or questions are answered.
