8 Best Hotels To Maximize Your $200 Amex Platinum Card Credit

The Platinum Card^® from American Express comes with an array of valuable perks for travelers, including statement credits, hotel elite status, and lounge benefits.

With a staggering number of benefits that come with the Amex Platinum card, it’s easy to see why it carries a $695 annual fee (rates & fees).

One of the primary perks for cardmembers is the annual statement credit of up to $200 for prepaid nights at hotels included in American Express Fine Hotels + Resorts or The Hotel Collection.

Here are the 8 top hotels to make the most of the $200 Amex Platinum card’s hotel credit.

How Does the Amex Platinum Card $200 Credit Work?

The $200 Amex Platinum card hotel credit is definitely a favorite among the card’s benefits. To redeem the credit, you need to use your Amex Platinum card to book a prepaid hotel stay through AmexTravel.com at one of the over 200 participating hotels in the Fine Hotels + Resorts or Hotel Collection programs.

You get a statement credit of up to $200 per calendar year, and the best part is that it’s applied automatically once the charge is posted on your card.

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The Platinum Card^® from American Express

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

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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.

Welcome Offer

You may be eligible for as high as 175,000 Membership Rewards^® Points after you spend $8,000 in purchases on your new Card within the first 6 months. Apply With Confidence and, if approved, find out your welcome offer before deciding to accept the Card. You may not be eligible for the maximum welcome offer amount.

As High As 175,000 Points (Find out your offer)

UP's Bonus Valuation*:

$1,760

Annual Fee

$695

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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)

Why We Like This Card

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 & Cons

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 (enrollment required), 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)

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Card Highlights

• You may be eligible for as high as 175,000 Membership Rewards^® Points after you spend $8,000 in purchases on your new Card within the first 6 months. Apply With Confidence and, if approved, find out your welcome offer before deciding to accept the Card. You may not be eligible for the maximum welcome offer amount.
• 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 through American Express Travel using 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: Platinum Card^® Members can get out and about and explore their local area with $15 in Uber Cash for US rides each month, plus a bonus $20 in December. That can be up to $200 in annual Uber savings. Simply download the Uber app and add your Platinum Card^® to your Uber account to get started. Available to Basic Card Member only. Effective 11/8/2024, an Amex Card must be selected as the payment method for your Uber or Uber Eats transaction to redeem the Amex Uber Cash benefit.
• $199 CLEAR^® Plus Credit: CLEAR^® Plus helps to get you to your gate faster at 50+ airports nationwide and get up to $199 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 $120 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.
• 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.

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American Express Membership Rewards

Fine Hotels + Resorts and Hotel Collection Benefits

Cardmembers enjoy extra benefits when booking a hotel through Amex’s Fine Hotels + Resorts and The Hotel Collection, such as:

Amex Fine Hotels + Resort

• $100 experience credit (varies by location)
• 12 p.m. early check-in, when available
• Complimentary Wi-Fi
• Complimentary breakfast for 2
• Guaranteed 4 p.m. late checkout
• Room upgrade, when available

There’s no minimum stay requirement with Amex FHR hotel bookings, meaning you can enjoy all these benefits even on 1-night stays.

The Hotel Collection

• $100 credit to spend on qualifying dining, spa, and resort activities
• Room upgrade at check-in, if available

Note that Hotel Collection bookings require a minimum stay of 2 nights.

Hot Tip:

If you’re unsure about the difference between these 2 hotel programs, explore the various distinctions between The Hotel Collection vs. Fine Hotels + Resorts.

8 Hotels To Book With $200 Amex Platinum Card Hotel Credit

1. Kimpton Aluna Tulum, an IHG Hotel

Kimpton Aluna Resort Tulum is a charming boutique hotel in the vibrant and trendy town of Tulum, Mexico. Now that Tulum’s Felipe Carrillo Puerto International Airport (TQO) is open and nearly every U.S. airline offers direct routes, this popular destination has become more convenient.

Thanks to Tulum’s significant rise in popularity over the years, hotel rates have rapidly increased. However, you can still book a stay at the 4.5-star Kimpton Aluna Resort Tulum at a starting price of $227 via AmexTravel.com.

Since this is a Hotel Collection member, you would receive a $100 on-site credit and a room upgrade, subject to availability.

2. Conrad New York Downtown

Conrad New York Downtown is a luxury all-suite hotel in Lower Manhattan, conveniently near popular attractions like the World Trade Center, Wall Street, and the ferry terminal for the Statue of Liberty. Although your $200 Amex Platinum card hotel credit won’t fully cover a night here, it will help you save a good amount, with rates starting just above $300 per night.

This all-suite hotel offers spacious accommodations (beginning at 400 square feet), which is ideal for families visiting NYC.

3. Four Seasons Hotel Bogotá Casa Medina

For the majority of us, staying at a fancy Four Seasons hotel is not an everyday occurrence. However, if you’re visiting Bogota, Colombia, your $200 hotel credit will go a long way when staying at a higher-end hotel like the Four Seasons Hotel Bogotá at Casa Medina, with rates starting at $350 per night.

The hotel is in the lively Zona G, Bogotá’s gastronomic and cultural sector, making it an excellent choice for those visiting Colombia’s capital city.

4. Alila Seminyak, Bali

Bali, Indonesia, presents a wonderful mix of culture, stunning natural scenery, and excellent value when it comes to hotel rates. This is what makes it a favorite spot for travelers from around the world.

The Seminyak neighborhood in Bali, known for its stylish and upscale vibe, is home to the Alila Seminyak, an exquisite beachfront resort that radiates sophistication. Most rooms offer gorgeous ocean views, making it a perfect getaway.

Starting at just $250, you can almost cover a night’s stay using your Amex Platinum card’s $200 hotel credit.

Plus, when you book this Fine Hotels + Resorts hotel through AmexTravel.com, you also get valuable perks like daily breakfast for 2 and 4 p.m. late checkout.

5. Maison Astor Paris, Curio Collection by Hilton

Exploring the charming city of Paris is always a good idea. Paris, affectionately called the City of Light, is famous for its luxurious hotels.

The Maison Astor Paris, part of the Curio Collection by Hilton, is an upscale hotel perfectly situated for your Paris adventures. Its prime location in the 8th arrondissement allows guests to easily walk or take a short Uber ride to major attractions like the Champs-Élysées, Arc de Triomphe, and Rue du Faubourg Saint-Honoré, known for its luxury shopping.

This hotel offers great value with nightly rates starting at $250, so it’s the perfect place to use your Amex Platinum card’s $200 hotel credit.

6. Waldorf Astoria Panama

The Waldorf Astoria Panama marked the brand’s debut in Latin America. Even though this is one of Panama City’s most luxurious hotels, your $200 hotel credit will cover a 1-night stay here, with rates starting at just $185 per night.

The hotel is conveniently located in the heart of Panama City, right off Avenida Balboa, one of the city’s main thoroughfares, and near Calle Uruguay, a popular nightlife, dining, and entertainment destination.

7. Four Seasons Hotel Beijing

There aren’t many Four Seasons hotels where you can stay for $200 a night, but the Four Seasons Beijing is one. The hotel is in the vibrant Chaoyang District and boasts a Michelin-starred restaurant, a top-tier spa, and Four Seasons’ renowned on-property service.

Guests can enjoy complimentary breakfast for 2, late checkout, and a potential room upgrade (subject to availability). These perks can significantly enhance the value of your stay, especially with rates starting at just $200 for this ultraluxury brand.

8. Hotel Fénix Gran Meliá, Madrid – The Leading Hotels of the World

The Hotel Fénix Gran Meliá in Madrid is an excellent choice for travelers looking for great value within the Fine Hotels + Resorts collection. It features stylish furnishings, a renowned bar, and a fantastic location in Salamanca.

Additionally, guests get turndown service and a complimentary breakfast for 2 every morning.

As a member of the Leading Hotels of the World, this 5-star hotel is far less expensive than its competitors in Madrid, providing excellent value.

Final Thoughts

One of the most valuable benefits of the Amex Platinum card is the $200 Amex Fine Hotels + Resorts and Hotel Collection credit available each calendar year. You can use your $200 hotel credit at more than 2,600 hotels and resorts. Hopefully, the above list of hotels inspires you to book an unforgettable Amex Fine Hotels + Resorts or Hotel Collection hotel so you can make the most of your credit.