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Amex Platinum Card vs. Amex Gold Card [Detailed Comparison of Benefits & Perks]

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Making the choice to have an American Express card in your wallet is an easy decision, especially when the card earns flexible Membership Rewards points and comes with a long list of benefits.

Deciding which American Express card is the best for your situation could be a bit more difficult.

When comparing the American Express® Gold Card and The Platinum Card® from American Express, both are excellent American Express metal credit cards. However, each card has unique benefits and 1 card may be a better fit for you than the other.

There are several questions you can ask yourself when you’re considering applying for any travel rewards card:

  • Will I use most of the benefits that come with the card?
  • Am I comfortable paying the annual fee?
  • Does the card deliver enough value to offset the cost of the annual fee?
  • Do the bonus spending categories on the card match up with my spending habits?

With these questions in mind, you can review the benefits that come with each card and a clear winner that matches your purpose will surface.

Here’s an overview of what each card has to offer so you can determine which of these popular American Express cards is a match for you.

Amex Platinum Card vs. Amex Gold Card — Overview

Before we dive into all the key details of the Amex Platinum card and the Amex Gold card, let’s look at a high-level overview comparing our featured cards side-by-side.

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BenefitAmex Platinum CardAmex Gold Card
Welcome OfferEarn 80,000 points after spending $8,000 on purchases in the first 6 months.Earn 60,000 points when you spend $6,000 on purchases in the first 6 months.
Earnings
  • 5x points per dollar spent on flights purchased directly with the airlines or through AmexTravel.com (up to $500,000 per calendar year) and prepaid hotels booked through AmexTravel.com
  • 1x points on all other purchases
  • 4x points per dollar spent at U.S. supermarkets (limit of $25,000 in purchases per calendar year, then 1x) and restaurants
  • 3x points on airfare purchased directly from the airline or on AmexTravel.com
  • 1x points on all other purchases
Top Redemption Options
  • Transfer to airline/hotel partners
  • Redeem for AmexTravel.com bookings
  • Gift cards, statement credits, retail shopping, event tickets
Top Travel Benefits
  • Access to over 1,400 airport lounges worldwide, including Centurion Lounges, Plaza Premium Lounges, Delta Sky Clubs (when traveling same-day with Delta), and Priority Pass (enrollment required)
  • Marriott Bonvoy Gold Elite, Hilton Honors Gold, National Emerald Club Executive, Avis Preferred, and Hertz President’s Circle elite status, upon enrollment
  • Elite-style benefits and access to Fine Hotels & Resorts and The Hotel Collection
  • Access to Platinum Concierge
 

  • Access to The Hotel Collection
Other Statement Credits and Benefits
  • Annual statement credits: up to $200 in airline incidental credits, up to $200 in prepaid hotel credits, up to $189 in CLEAR Plus credit, up to $240 in digital entertainment credits, and more (enrollment required)
  • Global Entry/TSA PreCheck application fee credit
  • Amex Offers, enrollment required
  • Up to $120 in Uber Cash ($10/month) for Uber Eats orders or Uber rides in the U.S. when adding your Gold card to the app
  • Up to $120 in credits at select dining ($10/month), enrollment required
  • Amex Offers, enrollment required
Annual Fees and Authorized Users
  • $695 annual fee
  • Add authorized users for $195 per card (rates & fees)
  • No authorized user fee basic Gold cards (not the same as the Amex Gold card) (rates & fees)
  • $250 annual fee
  • No authorized user fee for up to 5 cards, then $35 annually per additional card (rates & fees)

Welcome Offers

While welcome bonuses vary, these initial bonus offerings can be a key factor in selecting a rewards credit card.

Welcome bonuses are awarded after you’ve completed a minimum spending requirement in the first 3 months after card approval. For this reason, one of the first points to consider when selecting a card is whether you can comfortably meet the spending requirements and earn the bonus rewards.

BEST LOUNGE ACCESS
The Platinum Card® from American ExpressTerms Apply / Rates & Fees

The Platinum Card® from American Express

U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

The Amex Platinum reigns supreme for luxury travel, offering the best airport lounge access plus generous statement credits, and complimentary elite status.

Learn More(at Amex's secure site)

Apply With Confidence

Know if you're approved with no credit score impact

If you're approved and accept this Card, your credit score may be impacted.

The Platinum Card® from American Express

The Amex Platinum reigns supreme for luxury travel, offering the best airport lounge access plus generous statement credits, and complimentary elite status.
Earn 80,000 Membership Rewards® Points after you spend $8,000 on purchases on the Card in your first 6 months of Card Membership.
80,000 points
$1,760
$695
See Pay Over Time APR
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Good to Excellent (670-850)

When it comes to cards that offer top-notch benefits, you’d be hard-pressed to find a better card out there than The Platinum Card® from American Express.

Make no mistake — the Amex Platinum card is a premium card with a premium price tag. With amazing benefits like best-in-class airport lounge access, hotel elite status, and tremendous value in annual statement credits, it can easily prove to be one of the most lucrative cards in your wallet year after year.

Pros

  • The best airport lounge access out of any card (by far) — enjoy access to over 1,400 worldwide lounges, including the luxurious Amex Centurion Lounges, Priority Pass lounges, Plaza Premium Lounges, and many more!
  • 5x points per dollar spent on flights purchased directly with the airline or with American Express Travel (up to $500,000 per year)
  • 5x points per dollar spent on prepaid hotels booked with American Express Travel
  • Annual and monthly statement credits upon enrollment (airline credit, Uber Cash credit, Saks Fifth Avenue credit, streaming credit, prepaid hotel credit on eligible stays, Walmart+ credit, CLEAR credit, and Equinox credit)
  • TSA PreCheck or Global Entry credit
  • Access to American Express Fine Hotels and Resorts
  • Access to Amex International Airline Program
  • No foreign transaction fees (rates and fees)

Cons

  • $695 annual fee (rates and fees)
  • Airline credit does not cover airfare (only incidentals like checked bags)
  • Earn 80,000 Membership Rewards® Points after you spend $8,000 on purchases on your new Card in your first 6 months of Card Membership. Apply and select your preferred metal Card design: classic Platinum Card®, Platinum x Kehinde Wiley, or Platinum x Julie Mehretu.
  • Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year and earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel.
  • $200 Hotel Credit: Get up to $200 back in statement credits each year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings with American Express Travel when you pay with your Platinum Card®. The Hotel Collection requires a minimum two-night stay.
  • $240 Digital Entertainment Credit: Get up to $20 back in statement credits each month on eligible purchases made with your Platinum Card® on one or more of the following: Disney+, a Disney Bundle, ESPN+, Hulu, The New York Times, Peacock, SiriusXM, and The Wall Street Journal. Enrollment required.
  • $155 Walmart+ Credit: Cover the cost of a $12.95 monthly Walmart+ membership (subject to auto-renewal) with a statement credit after you pay for Walmart+ each month with your Platinum Card®. Cost includes $12.95 plus applicable local sales tax. Plus Up Benefits are excluded.
  • $200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees are charged by the airline to your Platinum Card®.
  • $200 Uber Cash: Enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. Uber Cash and Uber VIP status is available to Basic Card Member only.
  • $300 Equinox Credit: Get up to $300 back in statement credits per calendar year on an Equinox membership, or an Equinox club membership (subject to auto-renewal) when you pay with your Platinum Card®. Enrollment required. Visit https://platinum.equinox.com/ to enroll.
  • $189 CLEAR® Plus Credit: Breeze through security with CLEAR Plus at 100+ airports, stadiums, and entertainment venues nationwide and get up to $189 back per calendar year on your Membership (subject to auto-renewal) when you use your Platinum Card®. Learn more.
  • $100 Global Entry Credit: Receive either a $100 statement credit every 4 years for a Global Entry application fee or a statement credit up to $85 every 4.5 years for a TSA PreCheck® (through a TSA official enrollment provider) application fee, when charged to your Platinum Card®. Card Members approved for Global Entry will also receive access to TSA PreCheck at no additional cost.
  • Shop Saks with Platinum: Get up to $100 in statement credits annually for purchases in Saks Fifth Avenue stores or at saks.com on your Platinum Card®. That's up to $50 in statement credits semi-annually. Enrollment required.
  • $300 SoulCycle At-Home Bike Credit: Get a $300 statement credit for the purchase of a SoulCycle at-home bike with your Platinum Card®. An Equinox+ subscription is required to purchase a SoulCycle at-home bike and access SoulCycle content. Must charge full price of bike in one transaction. Shipping available in the contiguous U.S. only. Enrollment Required.
  • Unlock access to exclusive reservations and special dining experiences with Global Dining Access by Resy when you add your Platinum Card® to your Resy profile.
  • $695 annual fee.
  • Terms Apply.

Financial Snapshot

  • APR: See Pay Over Time APR
  • Foreign Transaction Fees: None

Card Categories

Rewards Center

American Express Membership Rewards

Hot Tip: Check to see if you’re eligible for a welcome bonus offer of up to 125k (or 150k) points with the Amex Platinum. The current public offer is 80,000 points. (This targeted offer was independently researched and may not be available to all applicants.)

BEST FOR DINING
American Express® Gold CardTerms Apply / Rates & Fees

American Express® Gold Card

U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

This is the best card for food lovers who dine out at restaurants (worldwide), order take-out and want big rewards at U.S. supermarkets!

Learn More(at Amex's secure site)

Apply With Confidence

Know if you're approved with no credit score impact

If you're approved and accept this Card, your credit score may be impacted.

American Express® Gold Card

This is the best card for food lovers who dine out at restaurants (worldwide), order take-out and want big rewards at U.S. supermarkets!
Earn 60,000 Membership Rewards® Points after you spend $6,000 on eligible purchases with your new Card within the first 6 months.
60,000 points
$1,320
$250
See Pay Over Time APR
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Good to Excellent (670-850)

The American Express® Gold Card is a game-changer.

With this card, you can earn 4x Membership Rewards points at restaurants and you’ll also earn 4x Membership Rewards points at U.S. supermarkets on up to $25,000 per calendar year in purchases, then 1x.

There isn’t another card on the market that offers a 1-2 punch like this. Of course, there are several other benefits of the Gold Card as well, including extra monthly dining rewards and more.

Pros

  • 4x points per dollar at restaurants, plus takeout and delivery in the U.S.
  • 4x points per dollar at U.S. supermarkets, up to $25,000 per calendar year in purchases; and 1x thereafter
  • 3x points per dollar on flights purchased directly from airlines or at Amex Travel
  • Up to $120 annual dining credit: up to $10 monthly statement credit when you pay with the Amex Gold card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, Milk Bar and select Shake Shack locations
  • Up to $120 in annual Uber Cash: get $10 monthly in Uber Cash for Uber Eats orders or Uber rides in the U.S. when you add your Gold Card to your Uber account
  • No foreign transaction fees (see rates and fees)
  • Access to Amex’s The Hotel Collection
  • Access to American Express transfer partners

Cons

  • Earn 60,000 Membership Rewards® points after you spend $6,000 on eligible purchases with your new Card within the first 6 months of Card Membership.
  • Earn 4X Membership Rewards® Points at Restaurants, plus takeout and delivery in the U.S., and earn 4X Membership Rewards® points at U.S. supermarkets (on up to $25,000 per calendar year in purchases, then 1X).
  • Earn 3X Membership Rewards® points on flights booked directly with airlines or on amextravel.com.
  • $120 Uber Cash on Gold: Add your Gold Card to your Uber account and each month automatically get $10 in Uber Cash for Uber Eats orders or Uber rides in the U.S., totaling up to $120 per year.
  • $120 Dining Credit: Satisfy your cravings and earn up to $10 in statement credits monthly when you pay with the American Express® Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, Milk Bar and select Shake Shack locations. Enrollment required.
  • Get a $100 experience credit with a minimum two-night stay when you book The Hotel Collection through American Express Travel. Experience credit varies by property.
  • Choose the color that suits your style. Gold or Rose Gold.
  • No Foreign Transaction Fees.
  • Annual Fee is $250.
  • Terms Apply.

Financial Snapshot

  • APR: See Pay Over Time APR
  • Foreign Transaction Fees: None

Card Categories

Rewards Center

American Express Membership Rewards

Hot Tip: Check to see if you’re eligible for a welcome bonus offer of up to 90,000 points with the Amex Gold card. The current public offer is 60,000 points. (This targeted offer was independently researched and may not be available to all applicants.)

The Value of a Welcome Offer

In this comparison, the welcome bonuses are offered in the form of Membership Rewards points that can be redeemed for 1 cent each for flights when redeemed through Amex’s travel portal. For example, a 50,000-point welcome bonus offer would be worth $500 in travel.

It may be compelling to select the card with the highest welcome bonus (such as the Amex Platinum offer of 100,000-150-000 point targeted welcome bonus), but remember that you may be able to earn multiple points in bonus categories or find other benefits that offer good value to you with the Amex Gold card. It’s prudent to look at the entire package before selecting a card based solely on the size of the welcome offer.

Airport Lounge Access

Amex Platinum Card

If you travel frequently, you’ll find the complimentary access to over 1,400 lounges in the American Express Global Lounge Collection an impressive perk. The Global Lounge Collection includes lounges in the following networks:

Complimentary worldwide lounge access is a very desirable travel perk. The level of access offered by the Amex Platinum card has become the gold standard among premium travel rewards cards.

Amex Gold Card

The Amex Gold card does not offer any complimentary airport lounge access.

Bottom Line: If you value worldwide lounge access, the Amex Platinum card is a clear winner as the Amex Gold card does not offer any form of airport lounge access.

Hotel and Rental Car Program Elite Status and Benefits

Westin Denarau Island Resort and Spa in Fiji Pool
Enjoy elite hotel benefits with your Amex Platinum card. Westin Denarau Island Resort and Spa in Fiji. Image Credit: Marriott

Hotel Program Benefits

Everyone enjoys hotel benefits such as an upgraded room or late checkout. Here’s a look at the hotel benefits each card has to offer:

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American Express Credit CardHotel Program Elite Status and Benefits
Amex Platinum Card
  • Marriott Bonvoy Gold Elite status upon enrollment
  • Hilton Honors Gold status upon enrollment
  • Fine Hotels & Resorts benefits
  • The Hotel Collection benefits
Amex Gold Card
  • The Hotel Collection Benefits

The Amex Platinum card includes hotel elite status with 2 popular hotel loyalty programs. Cardholders receive Marriott Bonvoy Gold Elite status and Hilton Honors Gold status. Elite members receive benefits such as upgraded rooms, elevated bonus point earnings, late checkout, and more.

Cardholders also have access to the Fine Hotels & Resorts collection of properties to offer amenities such as room upgrades, complimentary breakfast, late checkout, early check-in, complimentary Wi-Fi, and a special welcome gift.

Book a 2-night stay at any The Hotel Collection property with either card and receive a room upgrade, when available, and up to $100 in credits for qualifying purchases made at the hotel. Amex Platinum card members earn 5x Membership Rewards points and Amex Gold card members earn 2x points for prepaid bookings.

While benefits at The Hotel Collection are only valid once per stay, you can book up to 3 rooms and each room will receive the $100 credit and upgraded room, when available.

Bottom Line: The Amex Platinum card does a nice job of providing complimentary hotel elite status and benefits at Fine Hotels & Resorts and The Hotel Collection. The Amex Gold card hotel benefits are limited to The Hotel Collection properties. 

Rental Car Program Benefits

The Amex Platinum card offers benefit privileges, and even elite status, with 3 different car rental programs:

The Amex Gold card does not partner with any car rental programs.

Earning Points

Group of people dining at a restaurant
To maximize earnings, select a card that rewards your largest annual expenses. Image Credit: Rawpixel via Shutterstock

How a credit card earns rewards is one of the most important factors in selecting a card that will serve you well over the long term. Welcome offers are awarded only in the first year of card ownership, so beyond that period of time, you’ll want a card that closely aligns with your spending profile in order to continue earning plenty of rewards.

Earning rewards is important as their value can far exceed the cost of any annual fee you would have to pay for a card.

Here’s a look at the potential for earning Membership Rewards points with each card:

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Bonus Earning CategoryAmex Platinum CardAmex Gold Card
Flights purchased directly from airlines or from AmexTravel.com5 points per dollar3 points per dollar
Prepaid hotels purchased from AmexTravel.com5 points per dollar2 points per dollar
Other travel not purchased from AmexTravel.com1 point per dollar1 point per dollar
Restaurant purchases1 point per dollar4 points per dollar
U.S. supermarkets1 point per dollar4 points per dollar (capped at $25,000 per calendar year; 1x thereafter)
All other purchases1 point per dollar1 point per dollar

If you’re in the process of deciding between these 2 cards, how bonus category earnings align with your spending habits should be a part of your decision. If you purchase a lot of flights directly through an airline and AmexTravel.com, you’re going to find that the Amex Platinum card fits that spending profile.

If you dine out frequently, spend a lot on groceries, but still purchase flights and use AmexTravel.com, chances are that you’ll earn more with the Amex Gold card.

Focusing just on earning power here, and not considering the whole card package, there’s probably a clear winner that matches your greatest annual expenses.

Bottom Line: Earnings are highest for flights and prepaid hotel purchases through AmexTravel.com with the Amex Platinum card, while dining and grocery store purchases offer the highest earnings using the Amex Gold card.

Redeeming Points

Since both the Amex Platinum card and the Amex Gold card earn Membership Rewards points, you’ll find the same redemption options with either card:

  • Redeem points for flights with AmexTravel.com (1 cent per point)
  • Transfer points to airline partners
  • Pay for New York City taxis
  • Donate your miles to charity
  • Transfer points to hotel partners
  • Redeem for gift cards

In addition, you have the option to redeem your points in other ways for less than 1 cent per point. These redemptions are not recommended since you’re not getting the most value from your points:

  • Shop with popular retailers like Amazon
  • Redeem for a statement credit
  • Shop at the online Amex shopping mall portal

Hot Tip: One of the best uses of your points can be to transfer your points to the Amex airline partners. With numerous airline partners, you’ll have access to award flights on British Airways, Cathay Pacific, Delta Air Lines, Etihad Airways, and many more.

Annual Fees and Adding Additional Users

Annual Fees

The Amex Platinum card is a premium travel rewards card with a long list of travel benefits. Its high annual fee reflects the inclusion of all those premium benefits.

The Amex Gold card is not quite as premium and it lacks some of those high-end travel perks. Its annual fee is appropriately less because of this, but the card still offers strong earning power.

For an in-depth review of each card along with more information about annual fees and other financial information, click the review links below:

Adding Additional Users

Both cards allow you to add additional authorized users, although each card charges a different amount for doing so:

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American Express CardAuthorized User Information
Amex Platinum Card
  • Add additional cardholders for $195 per card
  • No-fee basic Gold cards for authorized users (not the same as the Amex Gold card)
  • For rates and fees of the Amex Platinum card, click here
Amex Gold Card
  • Add up to 5 additional card members for no additional charge
  • The sixth and any additional cards are $35 each
  • For rates and fees of the Amex Gold card, click here

Adding an additional authorized user to your card can expand your earning potential and allow the additional card user to utilize some of the benefits that the primary cardholder has.

An Amex Platinum authorized user can enjoy the same lounge access as the primary cardholder. An additional user on the Amex Gold card can use the card for everyday purchases such as grocery shopping and dining out, which earns you points quickly.

Please keep in mind that the primary cardholder is responsible for charges made by authorized users.

Hot Tip: A primary reason to add authorized users to your Amex Platinum card is that they receive the same complimentary worldwide lounge access to the American Express Global Lounge Collection, including the ability to bring guests. 

Statement and Shopping Credits

American Express Saks Fifth Avenue
Using the “Shop Saks with Platinum” benefit, Amex Platinum cardmembers get up to $100 in annual statement credits. Image Credit: American Express

Annual statement and shopping credits, if you can utilize them, offer value that can offset the cost of an annual fee.

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Statement and Shopping CreditsAmex Platinum CardAmex Gold Card
Airline fee creditsUp to $200$0
Dining credits$0Up to $120
Global Entry or TSA PreCheck creditUp to $100$0
Saks Fifth Avenue shopping creditsUp to $100$0
CLEAR Plus creditUp to $189$0
Equinox creditUp to $300$0
Prepaid hotel credit on eligible staysUp to $200$0
Walmart+ creditUp to $155$0
Digital entertainment creditUp to $240$0
SoulCycle creditUp to $300$0

Credits for spending at a specific retailer or bonus category can directly impact your net out-of-pocket expense for the annual fee. While the Amex Platinum card offers over $1,500 in credits per year, the Amex Gold card comes with $240 in credits.

Travel Protections and Insurance

The Global Assist Hotline and the baggage insurance plans that come with the Amex Platinum card and the Amex Gold card have different levels of coverage with each card.

Global Assist Hotline

Assistance when things go wrong while traveling is available 24/7. You’ll need to make just 1 phone call to the Global Assistance Hotline to take advantage of this service. This service is offered with each card and coverage is valid when traveling more than 100 miles from home.

Benefits include:

  • Translation services
  • Lost passport replacement services
  • Missing luggage assistance
  • Emergency legal and medical referrals
  • Emergency transportation assistance
  • Credit card cancellation assistance
  • Urgent message relay to family and friends
  • Emergency cash wire transfer that can be charged to your card
  • Embassy and consulate referral

While both cards come with the Global Assist Hotline benefit, the Amex Platinum card comes with a premium version of the plan.

The Premium Global Assistance Hotline that comes with the Amex Platinum card includes emergency medical evacuation services for the cardholder and covered family members.

Medical evacuation assistance services are provided with both cards, however, the coverage that comes with the Amex Gold card provides assistance with arranging these services only. The cardholder would be responsible for the cost of the actual evacuation transportation services, whereas the Amex Platinum card coverage provides emergency transportation at no cost.

Bottom Line: The Amex Platinum card comes with a premium version of the Global Assist Hotline. The advantage of the Premium Global Assist Hotline is that emergency medical transportation and evacuation coverage is provided at no cost to the cardholder. The Amex Gold card does not have coverage that includes the cost of the actual medical evacuation services provided. 

Baggage Insurance Plan

Having your bag lost, stolen, or damaged can put a damper on your trip. The baggage insurance plans that come with both cards can help save the day.

With the Amex Gold card, you could receive up to $1,250 per covered person per trip or $500 per person for checked bags if your luggage is lost, damaged, or stolen. With the Amex Platinum card, coverage is provided for up to $3,000 per person for carry-on bags and up to $2,000 for checked bags.

You must pay for the entire common carrier ticket with your card. Coverage is provided in excess of other insurance and important terms and conditions apply.

Travel Benefits and Insurance Provided With Both Cards

Man hand documenting car crash accident
Be prepared for your travels by knowing what your credit cards cover. Image Credit: Tiko via Adobe Stock

There are several additional valuable travel benefits and protections that come with both the Amex Platinum card and the Amex Gold card.

Car Rental Loss and Damage Insurance

Reserve and pay for your rental car in full with your card in order to activate coverage. You must also decline the car rental agency’s collision damage waiver coverage. Damage, theft, and loss of use are covered for the rental car, up to $75,000.

Coverage is secondary to other auto insurance and valid worldwide with the exception of Australia, New Zealand, and countries on the Office of Foreign Assets Control sanctioned list. Certain vehicles are excluded and there are terms and conditions that apply.

Both cards also have access to premium car rental protection for 1 low fee that covers the entire rental period, not a daily fee like the rental agencies charge.

Trip Interruption, Trip Cancellation, and Trip Delay Coverage

You’ll find valuable trip disruption benefits on both cards if your trip needs to be canceled or you experience a trip interruption, for covered reasons, during your travels. Card limits of coverage vary slightly for trip delay coverage.

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BenefitAmex Platinum CardAmex Gold Card
Trip Interruption, Trip Cancellation$10,000 per trip maximum of $20,000 per account per 12-month periodN/A
Trip DelayUp to $500 per trip when the delay is 6 or more hoursUp to $300 per trip when the delay is 12 or more hours

Concierge and Travel Assistance

Both cards offer travel assistance, help with restaurant reservations, gift purchasing, or access to special events with a dedicated phone line available 24/7.

The Amex Platinum card comes with a premium Platinum Concierge service.

Shopping Benefits Provided With Both Cards

Purchase Protection

Both cards offer the same purchase protection coverage. An eligible item you have purchased with your card is covered for theft or damage for up to 120 days from the date of purchase.

Coverage limits are $10,000 per occurrence, $50,000 maximum per year.

Extended Warranty

Both cards offer identical extended warranty protection that offers up to an additional year, in addition to the manufacturer’s warranty of less than 5 years, for eligible purchased items.

The coverage is limited to $10,000 per occurrence and $50,000 per year.

Amex Offers

You can save hundreds of dollars each year or earn additional Membership Rewards points per dollar spent with the Amex Offers that are available with either card.

Amex Offers
Amex Offers. Image Credit: American Express

Amex Offers can be accessed when you log into your online American Express card account. Just select the offers you’re interested in and add them to your card by clicking on Add to Card. Once you’ve completed the described purchase, you will receive a statement credit or bonus Membership Rewards points.

American Express Auto Purchasing Program

Enjoy member savings when shopping for a vehicle and the ability to charge at least $2,000 of the purchase price on your American Express card. Post-purchase benefits for auto repairs and deductibles can also be worth up to $2,000 in value.

This is not an exhaustive list of all the benefits that come with the Amex Platinum card and Amex Gold card, but this article has highlighted the major benefits for comparison purposes.

Final Thoughts

You can’t go wrong with either of these fine American Express cards if you’ll use the benefits offered with the card you select.

The downside of each card, of course, is its annual fee. Fortunately in both cases, with welcome offers, statement credits, premium travel perks, or accelerated earnings on everyday purchases, it’s possible to derive value that could completely negate the annual fee.

So, which of these cards is the better card? The cards are really designed for 2 separate types of consumers. If you’re traveling frequently, value premium travel benefits, enjoy elite status perks, and spend a lot of money on travel, it’s quite obvious the Amex Platinum card is a strong match.

If you spend a lot on groceries, dine out frequently, but still travel throughout the year, the Amex Gold card could work well for you.

It’s possible that both cards in combination could be a fit as their earnings and benefits complement each other well. If you can maximize the benefit offerings on each card enough to diminish any net expense for the annual fee, it’s possible this card combo could make sense.

If you already have the Amex Gold card and are looking to upgrade Amex Gold to Platinum we would recommend reading our article to find out more.

Finally, please be aware that we abbreviate benefit descriptions and the list of benefits is not all-encompassing. Before applying for any card, be sure to review associated pricing, fees, and benefit descriptions.

For the car rental collision damage coverage benefit of The Platinum Card® from American Express, car rental loss and damage insurance can provide coverage up to $75,000 for theft of or damage to most rental vehicles when you use your eligible card to reserve and pay for the entire eligible vehicle rental and decline the collision damage waiver or similar option offered by the commercial car rental company. This product provides secondary coverage and does not include liability coverage. Not all vehicle types or rentals are covered. Geographic restrictions apply. Eligibility and benefit level varies by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Car rental loss or damage coverage is offered through American Express Travel Related Services Company, Inc. For the trip cancellation and interruption insurance coverage benefit of The Platinum Card® from American Express, the maximum benefit amount for trip cancellation and interruption insurance is $10,000 per covered trip and $20,000 per eligible card per 12 consecutive month period. Eligibility and benefit level varies by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company. For the trip delay insurance benefits of The Platinum Card® from American Express, up to $500 per covered trip that is delayed for more than 6 hours; and 2 claims per eligible card per 12 consecutive month period. Eligibility and benefit level varies by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company. For the baggage insurance plan benefit of The Platinum Card® from American Express, baggage insurance plan coverage can be in effect for covered persons for eligible lost, damaged, or stolen baggage during their travel on a common carrier vehicle (e.g. plane, train, ship, or bus) when the entire fare for a ticket for the trip (one-way or round-trip) is charged to an eligible card. Coverage can be provided for up to $2,000 for checked baggage and up to a combined maximum of $3,000 for checked and carry-on baggage, in excess of coverage provided by the common carrier. The coverage is also subject to a $3,000 aggregate limit per covered trip. For New York State residents, there is a $2,000 per bag/suitcase limit for each covered person with a $10,000 aggregate maximum for all covered persons per covered trip. Eligibility and benefit level varies by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. For the extended warranty benefit of The Platinum Card® from American Express, when an American Express® card member charges a covered purchase to an eligible card, extended warranty can provide up to one extra year added to the original manufacturer’s warranty. Applies to warranties of five (5) years or less. Coverage is up to the actual amount charged to your card for the item up to a maximum of $10,000; not to exceed $50,000 per card member account per calendar year. Eligibility and benefit level varies by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. For the purchase protection benefit of The Platinum Card® from American Express, purchase protection is an embedded benefit of your card membership and requires no enrollment. It can help protect covered purchases made on your eligible card when they’re accidentally damaged, stolen, or lost, for up to 90 days from the covered purchase date. The coverage is limited up to $10,000 per occurrence, up to $50,000 per card member account per calendar year. Coverage limits apply. Eligibility and benefit level varies by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. For the Premium Global Assist Hotline benefit of The Platinum Card® from American Express, you can rely on the Global Assist Hotline 24 hours a day / 7 days a week for medical, legal, financial or other select emergency coordination and assistance services while traveling more than 100 miles away from your home. Plus, we may provide emergency medical transportation assistance and related services. Third-party service costs may be your responsibility. Eligibility and benefit level varies by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more details. If approved and coordinated by Premium Global Assist Hotline, emergency medical transportation assistance may be provided at no cost. In any other circumstance, Card members may be responsible for the costs charged by third-party service providers. 

For the car rental collision damage coverage benefit of the American Express® Gold Card, car rental loss and damage insurance can provide coverage up to $50,000 for theft of or damage to most rental vehicles when you use your eligible card to reserve and pay for the entire eligible vehicle rental and decline the collision damage waiver or similar option offered by the commercial car rental company. This product provides secondary coverage and does not include liability coverage. Not all vehicle types or rentals are covered. Geographic restrictions apply. Eligibility and benefit level varies by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Car rental loss or damage coverage is offered through American Express Travel Related Services Company, Inc. For the trip delay insurance benefits of the American Express® Gold Card, up to $300 per covered trip that is delayed for more than 12 hours; and 2 claims per eligible card per 12 consecutive month period. Eligibility and benefit level varies by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company. For the baggage insurance plan benefit of the American Express® Gold Card, baggage insurance plan coverage can be in effect for covered persons for eligible lost, damaged, or stolen baggage during their travel on a common carrier vehicle (e.g. plane, train, ship, or bus) when the entire fare for a ticket for the trip (one-way or round-trip) is charged to an eligible account. Coverage can be provided for up to $1,250 for carry-on baggage and up to $500 for checked baggage, in excess of coverage provided by the common carrier (e.g. plane, train, ship, or bus). For New York State residents, there is a $10,000 aggregate maximum limit for all covered persons per covered trip. Eligibility and benefit level varies by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. For the extended warranty benefit of the American Express® Gold Card, when an American Express® card member charges a covered purchase to an eligible card, extended warranty can provide up to one extra year added to the original manufacturer’s warranty. Applies to warranties of five (5) years or less. Coverage is up to the actual amount charged to your card for the item up to a maximum of $10,000; not to exceed $50,000 per card member account per calendar year. Eligibility and benefit level varies by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. For the purchase protection benefit of the American Express® Gold Card, purchase protection is an embedded benefit of your card membership and requires no enrollment. It can help protect covered purchases made on your eligible card when they’re accidentally damaged, stolen, or lost, for up to 90 days from the covered purchase date. The coverage is limited up to $10,000 per occurrence, up to $50,000 per card member account per calendar year. Coverage limits apply. Eligibility and benefit level varies by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. For the Global Assist Hotline benefit of the American Express® Gold Card, you can rely on Global Assist Hotline 24 hours a day / 7 days a week for medical, legal, financial or other select emergency coordination and assistance services while traveling more than 100 miles away from your home. Third-party service costs may be your responsibility. Eligibility and benefit level varies by card. terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more details. Card Members are responsible for the costs charged by third-party service providers.

For rates and fees of the American Express® Gold Card, click here.
For rates and fees of The Platinum Card® from American Express, click here.

Frequently Asked Questions

Which is the best American Express card?

The best American Express card will be the one that fits your spending style, your benefit priorities, and your tolerance for paying an annual fee.

The Amex Platinum Card is designed for the frequent traveler who favors premium travel rewards like lounge access, elite benefits, and elevated earnings on travel purchases.

The Amex Gold card is more of an everyday rewards-earning card for the traveler. U.S. supermarket and dining purchases earn the most but certain travel purchases also receive elevated earnings.

Both cards are excellent choices but the best card for you will match your priorities.

How do Membership Rewards points work?

Membership Rewards points are earned by spending on an American Express card that is affiliated with the Membership Rewards program. Membership Rewards Points are valuable because they can be redeemed for travel or transferred to airline/hotel partner loyalty programs and used for award flights.

Not every American Express card earns these valuable points, however, the 2 cards featured in this article both do.

There are many additional redemption options including retail shopping, gift cards, and statement credits, but most result in a value of less than 1 cent per point and are not normally a good use of your points.

Is the Amex Platinum card worth the annual fee?

If you’ll use the premium travel benefits that come with the Amex Platinum card, it is worth it.

While the annual fee may seem steep, complimentary worldwide lounge access alone can deliver value that far exceeds the cost of that fee.

The additional value of statement credits, elite status benefits, and travel protections makes the card a good choice for those travelers who will utilize the benefits.

How does an authorized user work?

When you add an authorized user to your card, that person can make charges on the card. They also have access to some of the benefits that come with the card.

The additional user will receive their own card, but the primary cardholder is responsible for any charges made on the card.

Adding an authorized user can make sense when you want a household member to receive benefits such as lounge access and other perks. The additional rewards earned from an authorized user’s purchases can also be a plus.

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About Christine Krzyszton

Christine ran her own business developing and managing insurance and financial services. This stoked a passion for points and miles and she now has over 2 dozen credit cards and creates in-depth, detailed content for UP.

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