27 Benefits and Perks of the Amex Platinum Card [$7,600 or More in Value]

Let’s start with the fun stuff first: Amex Platinum card-specific benefits. These include all of the awesome travel perks that are included with the card and are where the card’s real value is seen. Think of things like lounge access, hotel status, and more.

Benefits Summary

Note: some benefits require enrollment through your American Express account. Terms Apply.

*The bonus value of the welcome offer as well as the value of benefits are an estimated valuation calculated by UP after analyzing redemption options, transfer partners, award availability and how much UP would pay to buy these points.

Earning Potential

1. Huge Welcome Bonus Offer (First Year) (Up to $3,850 in Value)

Amex Platinum cards have historically offered amazing welcome bonus offers.

We value Membership Rewards points at 2.2 cents apiece. This means that your welcome bonus could be worth up to $3,850.

See below for the current welcome bonus and our valuation:

+ NEW BENEFITS

Terms Apply / Rates & Fees

Platinum Card^® from American Express

U.P. Rating 

The rating for this card has been determined by our own industry experts who know the ins and outs 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.

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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 spending $8,000 in eligible purchases on your new Card in your first 6 months of Membership. Welcome offers vary and you may not be eligible for an offer.

As High As 175,000 Points. Find Out Your Offer.

UP's Offer Valuation*:

Up to $3,850

Annual Fee

$895

APR

See Pay Over Time APR

Credit Recommended

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 card application.

Good to Excellent

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 1,550 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

• $895 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 eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
• Get more for your travels with 5X Membership Rewards^® points on all flights and prepaid hotel bookings through American Express Travel^®, including Fine Hotels + Resorts^® and The Hotel Collection bookings. You earn 5X points on flights purchased directly from airlines or through American Express Travel^® on up to $500,000 on these purchases per calendar year.
• More Value! With over 1,550 airport lounges - more than any other credit card company on the market* - enjoy the benefits of the Global Lounge Collection^®, over $850 of annual value, with access to Centurion Lounges, 10 complimentary Delta Sky Club^® visits when flying on an eligible Delta flight (subject to visit limitations), Priority Pass Select membership (enrollment required), and other select partner lounges. * As of 07/2025.
• More Value! $200 Uber Cash + $120 Uber One Credit: With the Platinum Card^® you can receive $15 in Uber Cash each month plus a bonus $20 in December when you add your Platinum Card^® to your Uber account to use on rides and orders in the U.S when you select an Amex Card for your transaction. Plus, when you use the Platinum Card^® to pay for an auto-renewing Uber One membership, you can get up to $120 in statement credits each calendar year. Terms apply.
• More Value! $300 Digital Entertainment Credit: Get up to $25 in statement credits each month after you pay for eligible purchases with the Platinum Card^® at participating partners. Enrollment required.
• More Value! $600 Hotel Credit: Get up to $300 in statement credits semi-annually on prepaid Fine Hotels + Resorts^® or The Hotel Collection* bookings through American Express Travel^® using the Platinum Card^®. *The Hotel Collection requires a minimum two-night stay.
• New! $400 Resy Credit + Platinum Nights by Resy: When you use the Platinum Card^® to pay at U.S. Resy restaurants and to make other eligible purchases through Resy, you can get up to $100 in statement credits each quarter with the $400 Resy Credit benefit. Plus, with Platinum Nights by Resy, you can get special access to reservations on select nights at participating in demand Resy restaurants with the Platinum Card^®. Simply add your eligible Card to your Resy profile to book and discover Platinum Nights reservations near you, enrollment required.
• More Value! $209 CLEAR^® Plus Credit: CLEAR^® Plus helps get you to your gate faster by using unique facial attributes to verify you are you at 50+ airports nationwide. You can cover the cost of a CLEAR Plus Membership* with up to $209 in statement credits per calendar year after you pay for CLEAR Plus with the Platinum Card^®. *Excluding any applicable taxes and fees. Subject to auto-renewal.
• $200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees, such as checked bags and in-flight refreshments, are charged by the airline to the Platinum Card^® Account*. American Express relies on airlines to submit the correct information on airline transactions to identify incidental fee purchases. If you do not see a credit for a qualifying incidental purchase on your eligible Card after 8 weeks, simply call the number on the back of your Card. Qualifying airlines are subject to change. See terms & conditions for more details.
• Start your vacation sooner, and keep it going longer. When you book Fine Hotels + Resorts^® through American Express Travel^®, enjoy noon check-in upon arrival, when available, and guaranteed 4PM check-out.
• New! $300 lululemon Credit: Enjoy up to $75 in statement credits each quarter when you use the Platinum Card^® for eligible purchases at U.S. lululemon retail stores (excluding outlets) and lululemon.com. That’s up to $300 in statement credits each calendar year. Enrollment required.
• $155 Walmart+ Credit: Receive a statement credit* for one monthly Walmart+ membership (subject to auto-renewal) after you pay for Walmart+ each month with the Platinum Card^®.*Up to $12.95 plus applicable local sales tax. Plus Ups not eligible.
• $100 Saks Credit: Get up to $100 in statement credits annually for purchases at Saks Fifth Avenue or saks.com on the Platinum Card^®. That’s up to $50 in statement credits from January through June and up to $50 in statement credits from July through December. No minimum purchase required. Enrollment required.
• Whenever you need us, we're here. Our Member Services team will ensure you are taken care of. From lost Card replacement to statement questions, we are available to help 24/7.
• $895 annual fee.
• Terms Apply.

Financial Snapshot

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

Rewards Center

American Express Membership Rewards

2. Earning Rates (Value $100 or More)

The Amex Platinum card earns a whopping 5 Membership Rewards points per $1 on flights booked directly with airlines or with AmexTravel.com (up to $500,000 per year), and on prepaid hotels booked with AmexTravel.com.

If you purchase a $500 flight, you earn 2,500 points. Based on our Membership Rewards valuation of 2.2 cents per point, you’d earn $55 in points back on your flight, for a total return of 11% back.

The value of this benefit solely depends on how much you spend on airfare every year. Those who travel frequently for work may get thousands of dollars’ worth of points from this benefit, while those who just spend a few hundred dollars a year on flights would see less value.

As a result, we’re giving the 5x points benefit a conservative $100 valuation.

Travel Advantages

3. Worldwide Airport Lounge Access

Airport lounge access is one of the main selling points of the Amex Platinum card. Cardholders have access to 8 different types of airport lounges, including:

• The Centurion Lounge Network (U.S. and international locations)
• 10 visits to Delta Sky Clubs (when flying Delta), with the ability to unlock unlimited visits through spend
• Escape Lounges – The Centurion Studio Partner
• Plaza Premium Lounges
• Priority Pass Select (upon enrollment)
• Select Lufthansa Lounges
• Select Virgin Clubhouses

However, each of these lounges has different entry rules, which affect how we value said lounge access. Below, we’ve outlined each of these access rules and some general info about each of these lounges. We’ve also assigned a value to each type of lounge.

It’s nearly impossible to put a dollar value on this benefit, since your usage depends on travel frequency, lounge access on routes, and what food and drink options add value for you. Obviously, you get more value out of Delta Sky Clubs if you fly Delta frequently, but you may get little to no value if you only fly the airline once a year. With this in mind, you may want to assign your own subjective value to each lounge network.

The Centurion Lounge Network

American Express has added Centurion Lounges to various airports around the world, with a strong focus on the U.S. These lounges are meant to be a step above offerings from domestic airlines, offering chef-curated food, high-end cocktails, and posh furniture and aesthetics. You can find these lounges both domestically and abroad.

Each lounge uses the foods and drinks it offers to represent the city in which it’s located. For example, you might find local craft beers at the bar and a dish that the town is known for (think barbecue in Dallas) in the kitchen. This gives each Centurion Lounge a unique feel.

When entering a Centurion Lounge, you must present your Amex Platinum card, government-issued ID, and a valid boarding pass. You can arrive up to 3 hours before your flight is scheduled to depart or whenever you’d like if you’re on a layover.

Many U.S. hubs already have Centurion Lounges, and more are in the process of being built, so you’ll have many opportunities to check them out during your travels. Plus, if you have a Centurion Lounge at your home airport, you may value this perk even more highly.

Delta Sky Club

With Delta Sky Club access, cardmembers receive 10 visits to the Delta Sky Club to be used from February 1 until January 31 of the next calendar year. They can unlock unlimited Delta Sky Club access by spending $75,000 in eligible purchases on their card in a calendar year.

There are more than 50 Sky Clubs worldwide, including Santiago (SCL), Chile, and Tokyo-Narita (NRT), Japan. At this time, cardholders cannot bring guests into the lounge for free; guests are charged $29 per person.

Hot Tip: Do you often fly with the same guest? Make them an authorized user on your Amex Platinum card. They can use the authorized user card to access the Delta Sky Club for free, too.

Each lounge offers complimentary food, beverages, alcohol, and Wi-Fi. Some even have showers, rooftop lounges, and premium drinks for purchase. These are great places to catch up on work before a long flight or grab a snack before you jet off to a meeting or vacation.

The value of this benefit largely depends on how often you fly Delta Air Lines. However, frequent Delta flyers could get lots of value from this perk — especially if flying solo for business.

Escape Lounges – The Centurion Studio Partner

Escape Lounges – The Centurion Studio Partner can be found in a variety of airports in the U.S. and the U.K.

Amex Platinum cardholders receive unlimited access to all U.S. locations, which are generally found in smaller airports like Oakland (OAK), California; Columbus (CMH), Ohio; Ontario (ONT), California; and Providence (PVD), Rhode Island. These lounges are pretty standard and offer free snacks, drinks, and alcoholic beverages.

Note that you need your Amex Platinum card, boarding pass for any carrier, and a government-issued ID to access Escape Lounges in the U.S.

Plaza Premium Lounges

Plaza Premium Lounges is a Hong Kong-based lounge network with dozens of worldwide locations. These lounges are similar to the Centurion Lounges in that they have upgraded food and drink offerings but stop short of having chef-curated food. However, these lounges are still an excellent place to stop before a long flight and grab a snack or a full meal.

You can access any Plaza Premium Lounge with a boarding pass and your Amex Platinum card. Plus, you can bring up to 1 guest with you, letting you share the predeparture experience with a friend or family member.

Priority Pass Select

Priority Pass is the world’s largest airport lounge network, with over 1,550 locations. This vast network is in the U.S. and abroad, including in some of America’s busiest airports, like Atlanta (ATL), Los Angeles (LAX), and New York (JFK).

Amex Platinum cardholders have unlimited access to all of these lounges. Like accessing the American Express in-house lounges, you don’t need to fly a specific airline to access these lounges, but you do need a same-day boarding pass.

Note that you need to manually enroll in Priority Pass Select before you can access these lounges. You can do this on the Benefits page of your Amex Platinum card’s page on the American Express website. You’ll be mailed a Priority Pass card after enrollment.

When traveling abroad, you’ll find Priority Pass lounges at most airports, so you’ll almost always have a nice place to relax before a long flight.

Note: The Amex Platinum card’s Priority Pass memberships no longer include Priority Pass restaurant access.

Lufthansa Lounges

Amex Platinum cardholders receive complimentary access to select Lufthansa Business Class lounges. If the cardholder is flying business class, they have access to the more premium Lufthansa Senator Lounges.

As with Sky Club access, you can only access these lounges if you’re flying on a flight with the Lufthansa group. This includes flights on Austrian Airlines, Lufthansa, and SWISS.

Virgin Clubhouses

Cardholders receive complimentary access to Virgin Clubhouses in New York (JFK) and Washington, D.C. (IAD). JFK’s Clubhouse is only accessible to eligible Amex cardholders from 5 a.m. to 8 a.m.

4. American Express Fine Hotels + Resorts Access ($150 or More Value)

American Express operates an in-house hotel program called Fine Hotels + Resorts. This program gives you special benefits when booking luxury hotel rooms around the world. These benefits are often Amex-exclusive or are similar to what you’d receive with top-tier hotel elite status.

You’re entitled to the following when booking hotels through Fine Hotels + Resorts:

• Complimentary Wi-Fi
• Daily breakfast for 2 people
• Guaranteed 4 p.m. late checkout
• Noon check-in (subject to availability)
• Room upgrade upon arrival (subject to availability)
• A unique property amenity valued at $100

Additionally, you earn 5 Membership Rewards points per $1 spent when you book through Fine Hotels + Resorts. However, in most cases, you won’t be eligible to use your hotel elite status perks on these stays or earn hotel points, so be sure to compare your elite benefits side by side with this program.

The real value of this benefit depends on how often you book Fine Hotels + Resorts rooms, but even using it once yields a value of at least $150 when you consider the welcome amenity, free breakfast, and possible room upgrades.

Hot Tip: Wondering how the Amex Platinum card stacks up against The Business Platinum Card^® from American Express? Look at our head-to-head comparison: Amex Business Platinum vs. the Amex Platinum. 

5. Airline Incidental Fee Credit ($200 Benefit)

Amex Platinum card includes a $200 airline incidental fee credit toward fees incurred on an airline of your choice. This can be things like seat selection fees, lounge passes, and checked bag fees — but there are other interesting uses, too.

Just select an airline on your card’s Benefits page and charge the eligible purchase to your Amex Platinum card. The charge will be credited back to your card in 4 weeks.

Because of the wide array of ways that you can use this fee credit, most frequent travelers shouldn’t have an issue spending it. Because of this, we value the benefit at its face value of $200 for most travelers.

6. Prepaid Hotel Credit ($600 Value)

Amex Platinum cardholders receive up to $600 back in statement credits each year on prepaid Fine Hotels + Resorts or The Hotel Collection bookings made through Amex Travel. Note that Hotel Collection bookings do require a minimum 2-night stay to receive the credit.

Bookings through The Hotel Collection receive premium benefits on stays of at least 2 nights at select properties across the globe. When booking through Fine Hotels + Resorts, you receive elite benefits and perks at over 1,000 luxury hotels worldwide, but with no minimum stay requirement.

These credits are divided into 2, with cardholders receiving the first $300 between January and June each year, and the second $300 between July and December each year.

Your reservation must be paid for with your American Express card, and the cardholder must travel on the booked itinerary to receive the stated benefits.

7. TSA PreCheck or Global Entry Application Fee Credit [Up to $120]

Like many premium cards, the Amex Platinum card comes with up to $120 statement credit for Global Entry application fees every 4 years or up to $85 for TSA PreCheck application fees every 4 1/2 years. Simply charge your application fee to your Amex Platinum card, and it will be automatically reimbursed in the form of a statement credit to your account.

Note that for TSA PreCheck, you must apply through any TSA PreCheck official enrollment provider.

For Global Entry, we value this as worth $120 over 4 years (or $30 in yearly value). If you go the TSA PreCheck route, we value this as worth $85 over 4.5 years (or $18 in yearly value)

Hot Tip: We highly recommend applying for Global Entry over TSA PreCheck — this is because if you’re approved for Global Entry, you automatically receive access to TSA PreCheck at no additional charge.

8. Annual CLEAR Plus Credit [Up to $209]

CLEAR is an expedited security program available at select U.S. airports and stadiums. Amex Platinum cardholders now receive an annual statement credit for a CLEAR Plus membership when the membership is charged to your card.

9. Annual Marriott, Hilton, and Leading Hotels of the World Status [$200 or More]

You get 3 complimentary hotel statuses with your Amex Platinum card — Hilton Honors Gold, Marriott Bonvoy Gold Elite, and Leaders Club Sterling — upon enrollment. Each of these statuses includes premier benefits like upgrade eligibility and bonus points.

Here’s a look at exactly what both of these hotel statuses include:

Hilton Honors Gold Benefits

• 80% bonus points
• Room upgrades (subject to availability)
• Continental breakfast at most full-service properties

Marriott Bonvoy Gold Elite Benefits

• 25% bonus points
• Welcome gift at check-in
• Room upgrades (subject to availability)
• Complimentary in-room internet, even when not booking directly with Marriott
• Priority 2 p.m. late checkout

Leading Hotels of the World Leaders Club Sterling Benefits

• 5% stay bonus on points earned
• 5 prearrival upgrades annually
• Sixt Rent a Car Platinum status
• Upgrade priority at arrival
• Daily continental breakfast for 2
• Early check-in and late checkout considerations

These benefits can make a real difference when you stay at Leading Hotels of the World, Hilton, and Marriott properties, especially if you’re lucky enough to score a room upgrade. It also removes the stress of you having to meet stay requirements to gain status, so you can spread your loyalty between each of the 3 hotel chains and not lose any status perks.

We value this Amex Platinum card benefit at $200 for moderate use. However, if you stay at Hilton, Marriott, or Leading Hotels of the World properties more than a few times per year, you’ll see even more benefit from these status perks.

10. Rental Car Status (Avis, Hertz, National) [$200 or More]

Amex Platinum cardholders are entitled to rental car benefits and status with Avis, Hertz, and National.

We’ve outlined each of these benefits below and broken down their value.

National Emerald Club Executive Status

• Executive area access: You can choose any car class (full-size and above) and only pay the midsize rate.
• Guaranteed upgrades: You’re guaranteed upgrades on midsize vehicle rentals in the U.S. and Canada.
• No second-driver fees: Add a second driver for no additional charge.
• Upgrades in Europe: Free 1-class upgrades at participating National locations in the U.K., Ireland, France, Spain, and Germany.
• Special pricing on Premier Selection cars: Special pricing on upgrades to the Premier Selection cars at the rental lot.
• Faster free rentals: Earn a free rental credit after 6 car rentals.

Avis Preferred Plus Status

• Complimentary 1-car class upgrade: Use coupon code #UUNA007 when making a reservation and receive a 1-class upgrade when available. This is not a guaranteed benefit.
• 25% off base rates: Book directly with Avis and use Avis Worldwide Discount code #756900 for the discount.

Hertz President’s Circle Status

• 20% off standard rates: Use code 633306 to take advantage of this discount and other benefits.
• 25% off Premier Rentals when a Saturday night is included: Available for U.S., Canada, and European Hertz Premier rentals.
• 4-hour grace no-charge period: You can return a rental up to 4 hours late with no penalty in most countries. In certain countries, like UAE and China, you get a 2-hour grace period.
• 1-car class upgrade:This benefit is based on availability, but it’s not guaranteed.

These benefits can be extremely valuable if you frequently rent cars when you travel. To us, the most valuable is the National Emerald Club Executive status perk, as it lets you rent any car on the lot for the price of a standard vehicle. This can be a life (and wallet) saver if you need to rent a minivan, pickup truck, or another more premium vehicle for a specific use.

All in all, we value these rental car perks at $200. You may be able to reap this value in a single rental, too, especially when you consider the fact that you get more than 20% off standard rental rates at Avis and Hertz.

11. Access the International Airline Program

Amex Platinum cardholders can access American Express International Airline Program. This little-known program lets cardholders access special discount fares when booking international premium economy, business, and first class tickets on select carriers through AmexTravel.com.

The discount you receive depends on the type of ticket you book. For our example search, we looked for a round-trip premium economy ticket from Boston (BOS) to Frankfurt (FRA), Germany. The nonstop option on Lufthansa costs $1,998 when booked through Google Flights or $1,937 when booked through the International Airline Program. This meant the program saved Amex Platinum cardholders 3% on their ticket. Some searches can result in much higher discounts.

The International Airline Program currently partners with the following airlines:

The value of the International Airline Program benefit really boils down to how often you use it. If you frequently pay for premium tickets, then you could get thousands of dollars in value per year.

However, if you never pay for premium airfare, you’d get no value. So with that in mind, we leave it up to you to assign your own value to this benefit.

Shopping Perks

12. Saks Fifth Avenue Credit (Up to $100 Value)

American Express also includes a $100 annual Saks Fifth Avenue credit. Of this, $50 can be used from January to June, and the other $50 can be used during the second half of the year.

Once you enroll in the benefit on the Benefits section of your Amex Platinum card’s page on the American Express website, you can simply charge a Saks purchase to your Amex Platinum card and be credited up to $50 back on your purchase.

Hot Tip: Use an airline or bank shopping portal (even Rakuten!) to earn extra points on your Saks Fifth Avenue purchases.

As with the airline incidental fee credit, we value this benefit at face value ($100). Saks Fifth Avenue sells a range of clothing and home goods, so you’d be hard-pressed not to find something that you’d already purchase on its online store. It can also be helpful when purchasing holiday and birthday gifts.

13. Resy Credit (Up to $400 Value)

If you’re a foodie, you’ll love the Resy credit that comes with the Amex Platinum card. With it, you get up to $400 in statement credits, divided into up to $100 in credits per quarter, toward any and all restaurants available on Resy.

While Resy is primarily an application used to secure reservations at sought-after restaurants, you don’t need to have made a reservation to use your Resy credit. Simply visit any restaurant worldwide that is featured on the Resy platform, use your Amex Platinum card to pay, and you’ll be credited back up to $100 per quarter, for a total of up to $400 in value per year.

14. Uber Cash (Up to $200 Value)

Continuing down the line of credits, the Amex Platinum card includes up to $200 of annual Uber Cash for all of its cardholders. These credits are dispersed at a rate of up to $15 per month, with up to $35 in credit issued in December. This is added directly to your Uber account in the form of Uber Cash after you’ve linked your Amex Platinum card to your Uber account as a payment method. An Amex card must be selected as the payment method for your Uber or Uber Eats transaction to redeem the Amex Uber Cash benefit.

You can use your monthly Uber Cash toward any type of Uber ride or toward Uber Eats meal delivery. Because of this, we also value this benefit at its face value of $200. Uber is available in every major U.S. city, so you’ll be able to use it as you travel for a discounted ride to your hotel, the airport, or home from a long trip.

15. Uber One Credit (Up to $120 Value)

Since you’ll be ordering from Uber regularly thanks to your monthly Uber Cash benefit, it only makes sense that you’d also have an Uber One membership. Fortunately for cardmembers, your Amex Platinum card provides that, too.

While an Uber One membership usually costs $10 per month, or $120 per year, Amex Platinum members receive it complimentary, along with its perks that include no delivery fee on eligible food and grocery orders, 10% off eligible delivery and pickup orders, 6% Uber One credits and top-rated drivers on eligible rides, and exclusive offers.

16. Equinox+ Credits (Up to $300 Value)

Cardholders will receive an annual statement credit of up to $300 on a digital subscription or club membership at Equinox. Make sure you use your card to pay for your Equinox+ digital subscription or club membership fees and enroll via platinum.equinox.com.

17. Digital Entertainment Credits (Up to $300 Value)

If you love to watch TV, listen to audiobooks or satellite radio, or read online, your purchases may now be eligible for a new statement credit!

Your eligible purchase or subscription to Paramount+, YouTube Premium, YouTube TV, Disney+, the Disney+ Bundle, ESPN+, Hulu, the New York Times, Peacock, and the Wall Street Journal could have you earn up to $300 in annual statement credits ($25 per month). Similar to the Equinox credits, make sure you enroll so this benefit is active. You must use your card to pay for your subscription for the credit to be applied.

18. SoulCycle Bike Credit ($300 or More Value)

After you use your card to purchase a SoulCycle at-home bike, you can score a $300 statement credit. Note that the credit is only available to full-cost purchases and not financed purchases, and an Equinox+ membership is required to purchase a SoulCycle bike and access SoulCycle content.

19. Walmart+ Credits (Up to $155 Benefit)

Use your card to pay for a monthly Walmart+ membership and receive up to $12.95 plus applicable taxes on 1 membership each month. Your Walmart+ membership comes with several benefits, including discounted gas and free shipping.

20. Credits for lululemon (Up to $300 Value)

Your Amex Platinum card can help keep you stocked up on athletic wear thanks to up to $300 in annual statement credits toward lululemon purchases. While you can receive up to $300 in value from this benefit each year, each credit is divided up into up to $75 per quarter.

If you frequently shop with lululemon anyway, these credits might almost function as good as cash for you. On the other hand, if you’re not a lululemon fan but know someone in your life who is, then these credits can make for great presents.

21. Oura Ring Credit ($200 Value)

The Oura is a smart ring that tracks various health metrics as you wear it, including your heart rate, body temperature, and sleep patterns.

With your Amex Platinum card, you receive a one-time $200 statement credit toward the purchase of an Oura ring. Note that this credit only applies to the ring product and not to the monthly subscription membership that accompanies it.

22. Global Dining Access by Resy

Add your card to your Resy profile to unlock access to special dining experiences (like access to premium events), exclusive reservations at top restaurants across the globe, and access to benefits like priority notify and VIP status.

Amex Platinum Card Purchase and Insurance Benefits

Beyond travel benefits, holding an Amex Platinum card entitles you to an array of purchase and travel protections. All of the benefits we’ve outlined below apply to all of the purchases you make on your Amex Platinum card (unless specifically excluded in the terms and conditions).

Here’s a look:

23. Extended Warranty

All purchases you make with your Amex Platinum card are eligible for an extended warranty from American Express. If the product you purchase has a standard warranty of 5 years or less, American Express adds a year of coverage on top of the standard warranty.

This warranty covers up to $10,000 per item, with a maximum of $50,000 in claims annually. This benefit can be extremely beneficial for big-ticket purchases like computers and TVs, so make sure that you charge these items to your Amex Platinum card to protect your purchase.

24. Return Protection

All purchases made in the U.S. or U.S. territories with your Amex Platinum card are eligible for return within 90 days of purchase. If the store you make a purchase from won’t accept your return, American Express covers up to $300 per item, for a total of $1,000 in reimbursements per calendar year (excluding shipping and handling charges).

25. Purchase Protection

We’ve all done it: You bought a new cell phone and dropped it 2 weeks after you took it out of the box. Now you’re responsible for a $250 replacement screen. That is, if you didn’t charge the purchase to your Amex Platinum card.

The Amex Platinum card protects eligible purchases from theft and accidental damage for 90 days from your original purchase date. This covers up to $10,000 per incident and up to $50,000 per calendar year, so it’s perfect for portable electronics, music equipment, and sporting goods.

26. Amex Car Rental Loss and Damage Insurance

American Express provides secondary rental car insurance on all rentals charged to your Amex Platinum card. Eligible rentals are covered for theft and damage up to $75,000 without increasing the cost of your car rental — just make sure to decline the damage waiver from the rental car company.

However, unlike the Chase Sapphire Preferred^® Card, which provides primary insurance, this card only provides secondary coverage, which means it kicks in after your own insurance. This means you still have to pay your deductible, so consider using another card offering primary insurance for your rentals instead.

27. Cell Phone Protection

Amex Platinum cardholders receive coverage for a stolen or damaged eligible cellular wireless telephone. The maximum liability is up to $800 per claim for each card account. Each claim is subject to a $50 deductible. Coverage is limited to 2 claims per eligible card account per 12-month period. Each claim has a $50 deductible, and your monthly phone bill must be paid with your Amex Platinum card for you to receive coverage.

Final Thoughts

While it’s no secret that the Amex Platinum card isn’t for everybody, we do think it’s worth it for those who travel with moderate frequency. If you utilize the benefits, we believe that you’ll be able to get over $7,600 in value out of the card. And if you consider the welcome bonus, you’ll come out even further ahead of the fee during your first year.

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For the Annual Clear Plus membership benefit of the Platinum Card^® from American Express, your Clear Plus membership is auto-renewing or subject to auto-renewal.

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. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.

For the return protection benefit of the Platinum Card^® from American Express, 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 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. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.

For the car rental loss and damage insurance 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. Please 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 cell phone protection benefit of the Platinum Card^® from American Express, 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.