Advertiser Disclosure

Many of the credit card offers that appear on this site are from credit card companies from which we receive financial compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). However, the credit card information that we publish has been written and evaluated by experts who know these products inside out. We only recommend products we either use ourselves or endorse. This site does not include all credit card companies or all available credit card offers that are on the market. See our advertising policy here where we list advertisers that we work with, and how we make money. You can also review our credit card rating methodology.

Amex Platinum Card vs. Goldman Sachs Amex Platinum Card [Detailed Comparison]

Stephen Au's image
Stephen Au
Stephen Au's image

Stephen Au

Senior Content Contributor

486 Published Articles

Countries Visited: 24U.S. States Visited: 22

Stephen is an established voice in the credit card space, with over 70 to his name. His work has been in publications like The Washington Post, and his Au Points and Awards Consulting Services is used...
Edited by: Chris Dong
Chris Dong's image

Chris Dong

Editor & Content Contributor

88 Published Articles 69 Edited Articles

Countries Visited: 54U.S. States Visited: 36

Chris is a freelance writer and editor with a focus on timely travel trends, points and miles, hot new hotels, and all things that go (he’s a proud aviation geek and transit nerd). Formerly full time ...
& Stella Shon
Stella Shon's image

Stella Shon

News Managing Editor

94 Published Articles 669 Edited Articles

Countries Visited: 25U.S. States Visited: 22

With a degree in media and journalism, Stella has been in the points and miles game for more than 6 years. She most recently worked as a Corporate Communications Analyst for JetBlue. Find her work in ...

We may be compensated when you click on product links, such as credit cards, from one or more of our advertising partners. Terms apply to the offers below. See our Advertising Policy for more about our partners, how we make money, and our rating methodology. Opinions and recommendations are ours alone.

Upgraded Points: Expertise You Can Trust

Our seasoned and experienced team brings years of expertise in the credit card and travel sectors. Committed to integrity, we offer data-driven guides to help you find the card(s) that best fit your requirements. See details on our intensive editorial policies and card rating methodologies.

  • Content by Leading Industry Experts
  • Routine Updates and Fact-Checks
  • First-Hand Credit Card Experience
  • Shared Across 200+ Top Outlets
  • Methodical “U.P. Rating” System
  • 1040+ Expert Credit Card Guides

The Platinum Card® from American Express is one of the most popular travel cards on the market today, delivering thousands of dollars in value per year through its airport lounge access perks, strong rewards structure, and luxury benefits like hotel elite status and car rental privileges.

However, did you know that there are several versions of the Amex Platinum card? In this guide, we’ll introduce you to arguably the most exclusive version of Amex Platinum, The Platinum Card® from American Express Exclusively for Goldman Sachs.

Since the card is closely aligned with the Amex Platinum card in terms of benefits, there aren’t many unique reasons to pursue the Goldman Sachs Amex Platinum card variant instead. For most consumers, the standard Amex Platinum card may be the right move. However, to really get an accurate assessment, we’ll show you everything in this guide!

All information about The Platinum Card® from American Express Exclusively for Goldman Sachs has been collected independently by Upgraded Points.

Amex Platinum Card vs. Goldman Sachs Amex Platinum Card — Overview

We’ll cut right to the chase: the Amex Platinum card and Goldman Sachs Amex Platinum card are similar in almost every respect. In fact, there may only be 2 features that distinguish the Goldman Sachs Amex Platinum card from the Amex Platinum card:

  1. The Goldman Sachs Amex Platinum card can be much more difficult to qualify for than the Amex Platinum card.
  2. According to most recent data points, the Goldman Sachs Amex Platinum card also offers bonus points after a certain spending threshold is met.

Here’s an overview of the 2 card products:

SCROLL FOR MORE
 The Platinum Card® from American ExpressThe Platinum Card® from American Express Exclusively for Goldman Sachs
Welcome OfferEarn 80,000 points after spending $8,000 on purchases in the first 6 months.Generous welcome offer after meeting minimum spending requirements
Application RecommendationsGood to excellent credit; applications are open to the publicGood to excellent credit, plus at least $10 million in assets under Goldman Sachs Private Wealth Management
Earning
  • Earn 5x points on flights purchased directly with the airline or through AmexTravel.com (up to $500,000 per year) and prepaid hotels booked through AmexTravel.com
  • Earn 1x points on other purchases
Redemption Options
  • Transfer points to airline and hotel partners 
  • Redeem points for travel directly with AmexTravel.com
  • Online shopping, statement credits, gift cards, and charitable donations
Top Travel Benefits and Protections
  • Access to 1,400+ lounges through the Amex Global Lounge Collection
  • Automatic Hilton Honors Gold, Marriott Bonvoy Gold Elite, Hertz Gold Plus Rewards President’s Circle, Avis Preferred Plus, and National Emerald Club Executive elite status (upon enrollment)
  • Annual statement credits, including up to $200 in airline incidentals, up to $200 for prepaid hotels, up to $200 in Uber Cash, up to $189 for CLEAR Plus, and more (upon enrollment)
  • Global Entry or TSA PreCheck application fee credits
  • Trip interruption and cancellation insurance, trip delay reimbursement, and baggage insurance plan
  • No foreign transaction fees
Top Shopping Benefits and Protections
  • Annual statement credits: up to $240 for digital entertainment, up to $155 for Walmart+, and up to $100 for Saks (upon enrollment)
  • Cell phone protection, purchase protection, extended warranty, and return protection
Annual Fees$695 (rates & fees)$695
Authorized Users$195 per card, and $0 for additional American Express® Gold Card authorized users (rates & fees)$195 per card, and $0 for additional American Express® Gold Card authorized users

The Value of a Welcome Bonus Offer

The Amex Platinum card consistently offers an outsized welcome offer, and the Goldman Sachs Amex Platinum card generally follows the same welcome offer as the Amex Platinum card.

BEST LOUNGE ACCESS
The Platinum Card® from American ExpressTerms Apply / Rates & Fees
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 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 eligible 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 AmexTravel.com (up to $500,000 per year)
  • 5x points per dollar spent on prepaid hotels booked with AmexTravel.com
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 eligible purchases on your new Card in your first 6 months of Card Membership. Apply and select your preferred metal Card design: classic Platinum, 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, and The Wall Street Journal. Enrollment required.
  • The American Express Global Lounge Collection® can provide an escape at the airport. With complimentary access to more than 1,400 airport lounges across 140 countries and counting, you have more airport lounge options than any other credit card issuer on the market. As of 03/2023.
  • $155 Walmart+ Credit: Save on eligible delivery fees, shipping, and more with a Walmart+ membership. Use your Platinum Card® to pay for a monthly Walmart+ membership and get up to $12.95 plus applicable taxes back on one membership (excluding Plus Ups) each month.
  • $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. Terms Apply.
  • $189 CLEAR® Plus Credit: CLEAR® Plus helps to get you to your gate faster at 50+ airports nationwide and get up to $189 back per calendar year on your Membership (subject to auto-renewal) when you use your Card. CLEARLanes are available at 100+ airports, stadiums, and entertainment venues.
  • 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 year period for TSA PreCheck® application fee for a 5-year plan only (through a TSA PreCheck® official enrollment provider), 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.
  • 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
Rewards Center

American Express Membership Rewards

You’ll earn a welcome offer denominated in Membership Rewards points, which are worth around 2.2 cents per point by our valuations — however, this valuation is achieved by strategically transferring points to travel partners and booking award travel.

If you’re not interested in that or aren’t savvy enough to find award availability, you can book flights through the AmexTravel.com website for around 1 cent per point. We’ll cover redeeming points in a later section.

Lastly, we’d like to note that welcome offers change from time to time, so be sure to double-check the details before applying for the card.

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.)

Application Guidelines

To qualify for the Goldman Sachs Amex Platinum card, you’ll generally need to be a client with at least $10 million in assets under management with Goldman Sachs Private Wealth Management (GS PWM).

Earning Potential

The earning structures for the Amex Platinum card and Goldman Sachs Amex Platinum card are identical. You can expect to earn up to 5x Membership Rewards points on purchases according to this array of categories:

  • Earn 5x points on flights booked directly with the airline or AmexTravel.com (up to $500,000 in purchases per calendar year, then 1x points)
  • Earn 5x points on prepaid hotel bookings made through AmexTravel.com
  • Earn 1x points on other purchases

Redemption Options

Santorini
Image Credit: Alexandre Chambon via Unsplash

If you’re earning Membership Rewards points, you’re already ahead of the game. That’s because Membership Rewards points are some of the most valuable points you can get your hands on — and both the Amex Platinum card and Goldman Sachs Amex Platinum card earn Membership Rewards points.

Here are the main ways you can use Membership Rewards points:

When redeeming your points with airline and hotel partners, you can truly get the best possible value — on a per-cent basis — from your points. For example, if you live in New York and want to book a British Airways flight in business class to London, you might notice flight prices are around $3,000 one-way and up to $8,000 round-trip. If there is award availability, you could transfer your points to Cathay Pacific Asia Miles where the same round-trip business class flight costs 122,000 points + ~$600 in taxes and fees, netting you a redemption value of 6.1 cents per point!

Travel Benefits and Protections

The Amex Platinum card is famous for offering exclusive luxury travel benefits, and the Goldman Sachs Amex Platinum card’s suite of travel benefits and protections is the same as the standard Amex Platinum card. Here is a breakdown of what you should expect from these 2 cards:

Bottom Line:

Although there are plenty of additional travel benefits and protections, we felt it was necessary to highlight these fantastic inclusions you get just for holding either the Amex Platinum card or the Goldman Sachs Amex Platinum card.

Shopping Benefits and Protections

Clothes shopping
Image Credit: Becca McHaffie via Unsplash

When you hold the Amex Platinum card and the Goldman Sachs Amex Platinum card, you’ll enjoy a series of fantastic shopping benefits and protections even outside of travel.

Here’s a taste of what we’re talking about:

  • Annual statement credits: Up to $240 for digital entertainment, up to $100 in Saks credits, up to $155 for Walmart+
  • Global Dining Access by Resy
  • Cell phone protection, which reimburses up to $800 per claim for covered damage and theft with up to 2 approved claims every rolling 12 months ($50 deductible per claim)
  • Purchase protection, which covers eligible purchases that are lost, damaged, or stolen within the first 90 days after the purchase date (up to $10,000 per item and up to $50,000 per calendar year)
  • Extended warranty, which covers eligible items that have an original manufacturer’s warranty of 5 years or less and extends the warranty by 1 additional year (up to $10,000 per item in coverage and up to $50,000 per calendar year)
  • Return protection, which covers up to $300 per item and up to $1,000 per calendar year against eligible returns that are denied by the original merchant

Additional terms and conditions may apply for each of these benefits.

Annual Fees and Authorized Users

Annual Fee

The 2 cards have the same annual fees:

  • Amex Platinum card: $695 annual fee
  • Goldman Sachs Amex Platinum card: $695 annual fee

Authorized Users

Both the Amex Platinum card and Goldman Sachs Amex Platinum card allow you add authorized users for $195 per card.

However, you can add basic Gold cards and basic Green cards for both of these cards for no additional cost.

The basic Gold card will not have any airport lounge access benefits or other major benefits besides the Global Entry or TSA PreCheck application fee credit.

Final Thoughts

Even though the Goldman Sachs Amex Platinum card is so much harder to qualify for, the Amex Platinum card is almost identical. One major exception is a potential additional bonus for those who meet spending requirement on the Goldman Sachs Amex Platinum card.

Because the Amex Platinum card is available to the general public for applications, we recommend you apply for this version to get around the strict requirements for the Goldman Sachs Amex Platinum card.

We’d only recommend you apply for the Goldman Sachs Amex Platinum card if you already have $10 million in assets invested with Goldman Sachs Private Wealth Management. Otherwise, it’s not necessarily worth pursuing.

We hope that this guide has been helpful in discerning the differences between the 2 card products.


For the trip delay insurance benefit of the Amex Platinum card, eligibility and benefit level varies by card. Terms, conditions and limitations apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.

For the return protection benefit of the Amex Platinum card, with return protection, you may return eligible purchases to American Express if the seller won’t take them back up to 90 days from the date of purchase. American Express may refund the full purchase price excluding shipping and handling, up to $300 per item, up to a maximum of $1,000 per calendar year per Card account, if you purchased it entirely with your eligible American Express® Card. Purchases must be made in the U.S. or its territories. Eligibility and benefit level varies by card. Terms, conditions and limitations apply. Please visit americanexpress.com/benefitsguide for more details.

For the purchase protection benefit of the Amex Platinum 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. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.

For the extended warranty benefit of the Amex Platinum 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. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.

For the cell phone protection benefit of the Amex Platinum card, coverage for a stolen or damaged eligible cellular wireless telephone is subject to the terms, conditions, exclusions and limits of liability of this benefit. The maximum liability is $800, per claim, per eligible card account. Each claim is subject to a $50 deductible. Coverage is limited to two (2) claims per eligible card account per 12 month period. Eligibility and benefit level varies by Card. Terms, conditions and limitations apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.

For the baggage insurance plan benefit of the Amex Platinum card, eligibility and benefit level varies by card. Terms, conditions and limitations apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.

The information regarding the American Express Platinum Card® for Schwab was independently collected by Upgraded Points and not provided nor reviewed by the issuer.
The information regarding The Platinum Card® from American Express Exclusively for Morgan Stanley was independently collected by Upgraded Points and not provided nor reviewed by the issuer.

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

Frequently Asked Questions

Who can get the Goldman Sachs Amex Platinum card?

In order to qualify for the Goldman Sachs Amex Platinum card, it’s recommended to have $10 million or more in assets under Goldman Sachs Private Wealth Management.

What's the difference between the Amex Platinum card and Goldman Sachs Amex Platinum card?

Aside from the Goldman Sachs Amex Platinum card being difficult to qualify for, the only difference is that you may get a spending bonus after meeting spend requirements annually. Other than that, the Amex Platinum card is pretty much identical to the Goldman Sachs Amex Platinum card.

What are the different Amex Platinum cards?

On the personal side in the U.S. market, there are a few:

  • The Platinum Card® from American Express
  • American Express Platinum Card® for Schwab*
  • The Platinum Card® from American Express Exclusively for Morgan Stanley*
  • The Platinum Card® from American Express Exclusively for Goldman Sachs*

All information about these cards have been collected independently by Upgraded Points.

There’s also The Business Platinum Card® from American Express on the business side.

How do I get the Goldman Sachs Amex Platinum card?

You must have a minimum of $10 million in assets invested with Goldman Sachs Private Wealth Management to qualify. Once you qualify, reach out to your Goldman Sachs advisor to submit an application or request an invite.

Stephen Au's image

About Stephen Au

Stephen is an established voice in the credit card space, with over 70 to his name. His work has been in publications like The Washington Post, and his Au Points and Awards Consulting Services is used by hundreds of clients.

INSIDERS ONLY: UP PULSE

Deluxe Travel Provided by UP Pulse

Get the latest travel tips, crucial news, flight & hotel deal alerts...

Plus — expert strategies to maximize your points & miles by joining our (free) newsletter.

We respect your privacy. This site is protected by reCAPTCHA. Google's privacy policy  and terms of service  apply.

Deluxe Travel Provided by UP Pulse
DMCA.com Protection Status