The Amex Platinum Card – How To Use the Monthly $25 Equinox Credits [2021]

Amex Platinum card at Equinox

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One of the most popular travel credit cards is The Platinum Card® from American Express. With some great perks like airline credits, Uber credits, and access to the famous Amex Centurion Lounges, many travelers swear by having an Amex Platinum card in their wallets.

Well, American Express is shaking things up again by adding an additional $900 worth of perks to the card, but increasing the annual fee.

Part of those new perks is the addition of new partners, including Equinox, a luxury fitness company. Amex Platinum cardholders, upon enrollment in the benefit, now have up to $300 in statement credits with Equinox that can be used to get $25 back per month on select Equinox memberships.

While not everyone will be able to maximize this new credit, we will show you how to enroll and use it, even if you don’t have an Equinox gym near you.

Let’s take a look at this new Amex Equinox credit to see how valuable of addition it can be to your Amex Platinum card.

Hot Tip: To learn more about all of the changes, be sure to read New Amex Platinum Card Changes [New & Continuing Benefits].

How Does the Amex Equinox Credit Work?

Equinox has over 100 clubs across the U.S., Canada, and the U.K. With luxurious in-club amenities, personal trainers, and popular group classes, members love this high-end gym… but these fancy gyms come at a price with monthly memberships ranging from $200 to $500 per month, not including initiation fees!

Amex Platinum cardholders now have access to up to $300 worth of statement credits when they use their card at Equinox. Each month, $25 is reimbursed as a statement credit when you use your Amex Platinum card to pay for Equinox All Access, Destination, E by Equinox, or Equinox+ membership fees.

Before you go and sign up for Equinox, be sure to enroll in the $300 Equinox credit in your American Express account:

American Express Platinum Card Equinox benefit enrollment
Image Credit: American Express

Once you have enrolled, visit the Equinox website and choose the membership that works for you.

Equinox All Access

With multiple Equinox locations in major cities and across the country, an Equinox All-Access membership is a good option for someone who likes to check out different gyms in their hometown or while on the road.

Rates vary based on the location of your home gym, but in New York, for example, an All-Access membership currently costs $275 per month with a 12-month commitment for access to 81 clubs across the U.S.

The $25 Amex Platinum credit represents a 9% discount on the Equinox All-Access membership.


If you find yourself visiting Equinox locations while outside of the U.S., the Equinox Destination membership might be a better fit for you. In addition to what is included with the All-Access membership, Destination members have exclusive access to all Equinox Fitness, Destination, and Sports Clubs locations worldwide. E Clubs are not included (yes, there are different levels of Equinox clubs).

Rates vary based on the location of your home gym, but in New York, a Destination membership currently costs $315 per month with a 12-month commitment for access to almost all of the clubs worldwide.

The $25 Amex Platinum credit represents a 7.9% discount on the Equinox Destination membership.

E by Equinox

If you are looking for the best of the best, E by Equinox is for you. In addition to what you will find in the other memberships, E by Equinox members have access to exclusive E Clubs in London and New York as well as Training Studios in New York, Connecticut, and San Francisco. These clubs offer bespoke service, elite personal training sessions, and exclusive amenities in a stunning and intimate setting.

While rates are by request only, we have seen New York members pay $550 per month with a 12-month commitment.

The $25 Amex Platinum credit represents a 4.5% discount on the E by Equinox membership.

Hot Tip: These 3 Equinox memberships all include complimentary access to the Equinox+ app as part of membership.


If there are no Equinox locations near you, you might be interested in Equinox+, the company’s health and fitness app.

Similar to Peloton, this app is full of remote workouts, live and on-demand fitness classes, and programs from partners like SoulCycle, Pure Yoga, and TB12.

Subscriptions cost $39.99 per month and can be canceled anytime. If you wanted to add the SoulCycle bike, you can finance it for an additional $64.10 per month.

The $25 Amex Platinum credit represents an 62.5% discount on the Equinox+ membership.

Bottom Line: For cardholders who were already paying Equinox gym memberships, they will now be able to save $25 each month by paying with their Amex Platinum card. You also have the option of signing up for Equinox+ with an 87.5% discount. 

Everything Else You Need To Know

All of the recently announced perks are already available to enroll in and use. Current Amex Platinum cardholders will be able to take advantage of these new additions for no extra cost as long as their card has been renewed before the end of 2021.

The increased annual fee will take effect for renewal dates on or after January 1, 2022. All new cardholders will pay the higher annual fee.

Securing the Amex Platinum Card

If you were already considering applying for the Amex Platinum card, the increased annual fee is probably not the most welcomed news. However, if you can take advantage of all of the perks and credits, the card can still be very much worth having, especially with the current welcome bonus.

Final Thoughts

The Amex Platinum card made big news when the annual fee increased, but that annual fee jump came with $900 worth of new benefits and credits. Will everyone be able to maximize all of those new credits? No. Can you? Absolutely.

Even with the expensive annual fee, the Amex Platinum card continues to be a favorite around here. With credits and perks to use annually and the ability to earn a lot of Membership Rewards points through an awesome welcome bonus and spending bonuses, we think it’s worth a spot in the wallet.

Do the math and see if the Amex Platinum card is a good fit for you.

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

Frequently asked questions

How do I activate the Equinox benefit on my Amex Platinum card?

Log into your American Express account, select your Amex Platinum card, click on Card Benefits and select $300 Equinox Credit and then Enroll Now, or just click here.

I don't have an Equinox gym near me, can I still use the credit?

Yes, you can use the Equinox+ fitness and health app to access live and on-demand classes, workouts, and more.

How much is an Equinox Destination membership?

An Equinox Destination membership varies based on your home gym’s location, but generally, they start around $300 per month.

How much is Equinox+?

Equinox+ costs $39.99 per month and can be canceled anytime.

Chris Hassan

About Chris Hassan

Chris is from Boston and is currently living in Rio de Janeiro with his wife, two kids, and their dog, Shelby. When Chris was in college, he spent a semester abroad studying hotel and business management in Switzerland. That is where he caught the travel bug and met his wife. Quite a successful trip!

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