The Platinum Card
- Network provider
- American Express
- American Express
- Card type
- Credit needed
- Annual fee
- Purchase interest rate
- Cash advance rate
- Balance transfer rate
- Airport Lounge Access
- Airport Parking Discounts
- Airport Valet Service
- Annual Travel Credit
- Complimentary Airline Upgrades
- Entertainment Benefits
- Extended Warranty
- Flight Discounts
- Golf Course Access
- Hotel Benefits
- Premium Hotel Program Membership
- Purchase Protection
- Rental Car Discounts
- Travel Insurance
People with excellent credit scores (750 and above) can apply for The Platinum Card, the iconic rewards credit card from American Express.
A product refresh in early 2019 brought a host of exciting changes to the card.
First, The Platinum Cards are now made of actual metal. It's been one of the most exclusive cards on the market for years now — it has an annual fee of $699 and additional cards cost $175 — and the design change is sure to deliver an even more premium experience to cardholders.
Then, there are the changes to The Platinum Card's rewards earn rate. Here's how the new earn rate breaks down:
- Earn 3 points for every $1 spent on eligible dining experiences.
- Earn 2 points for every $1 on eligible travel purchases.
- Earn 1 point on all other purchases.
One of the benefits of getting a new Platinum Card is that fact that you can now access benefits that have an approximate cash value of $550 USD when you plan trips through Amex's Fine Hotels & Resorts portal.
For reference, Amex is partnered with Marriott International, Hilton Hotels and Resorts®, Radisson Hotel Group, Shangri-La Hotels and Resorts and Hertz® and Avis® car rentals.
However, since it is a charge card, holders of The Platinum Card must pay off their entire balance each month. An annual interest rate of 30% applies to balances that are not paid in full. To ensure you're not charged any interest, make sure your payment is received and processed by the date of your next monthly statement.