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Monday, American Express announced plans to acquire one of its recent partners, airport lounge booking and reviews platform LoungeBuddy. While the issuer has yet to detail its plans, Amex has clearly been focused on building out its airport lounge footprint in recent years, through the the expansion of its Centurion Lounge network to the American Express Global Lounge Collection, which gives certain members access to over 1,200 locations around the world.

Currently, customers with the Centurion Cardthe Platinum Card® from American Express and the Business Platinum® Card from American Express can access Amex’s own lounges, in addition to 1,000+ Priority Pass lounges and restaurants, and Delta Sky Club locations (with a same-day Delta ticket). In theory, LoungeBuddy could help the issuer grow its network even further.

LoungeBuddy offers one one-time access at locations around the world, such as the Swiss Business Lounge at New York-JFK. Photo by Christian Kramer/The Points Guy.

We reached out to American Express for more details regarding its plans for LoungeBuddy. While the issuer isn’t sharing much at this point, Chris Cracchiolo, Amex’s Senior Vice President, Global Loyalty and Benefits said in a press release, “With the acquisition of LoungeBuddy, we will be able to leverage its cutting-edge platform to develop additional ways to become an essential part of our Card Members’ digital lives.”

In theory, LoungeBuddy could help Amex expand its footprint beyond Priority Pass, given the platform’s partnerships with lounges that aren’t currently available there, such as the Lufthansa and Swiss business-class lounges at New York-JFK:

While unlimited access may overwhelm some of LoungeBuddy’s already quite crowded locations, it wouldn’t be too unreasonable to expect free or discounted access during off-peak times, or perhaps a discount off the pricing LoungeBuddy offers today.

Featured photo of the Swiss Business Lounge at New York-JFK by Christian Kramer/The Points Guy.

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), up to a $200 annual airline fee credit as well as up to $200 in Uber credits, and mid-tier elite status at Marriott and Hilton. Combined with the 60,000 point welcome offer -- worth $1,200 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 annual fee makes sense for you.

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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.
  • Enjoy Uber VIP status and free rides in the U.S. up to $15 each month, plus a bonus $20 in December. That can be up to $200 in annual Uber savings.
  • 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. Learn More.
  • $200 Airline Fee Credit, up to $200 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®. Enrollment required.
  • $550 annual fee.
  • Terms Apply.
  • See Rates & Fees
Intro APR on Purchases
N/A
Regular APR
N/A
Annual Fee
$550
Balance Transfer Fee
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Recommended Credit
Excellent/Good
Terms and restrictions apply. See rates & fees.

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