The Platinum Card® from American Express
The The Platinum Card® from American Express earns 5x points on flights and prepaid hotels booked through Amex Travel and 1x elsewhere, with a deep slate of luxury travel perks, with a $895 annual fee, plus up to 175,000 Membership Rewards points for new cardholders. Rates and terms come from NerdWallet, our verified data partner with direct issuer relationships.
Is the The Platinum Card® from American Express worth it?
The The Platinum Card® from American Express earns 5x points on flights and prepaid hotels booked through Amex Travel and 1x elsewhere, with a deep slate of luxury travel perks. We source these rewards and terms from NerdWallet, our verified data partner with direct issuer relationships. These figures carry our ◆ Partner data label — we did not pull them from the issuer ourselves.
The card has a $895 annual fee, plus up to 175,000 Membership Rewards points for new cardholders.
The honest caveats: rewards, fees, and APR are partner-supplied and can change, and any regular APR is variable. A card like this only pays off if you pay the balance in full and the rewards or terms fit your situation. Confirm current details on the issuer’s own site. This is not financial advice.
How does a rewards credit card work?
A rewards credit card earns a percentage back on what you spend, which the issuer credits as cash back, points, or miles. You pay no interest if you clear the statement balance each month; carry a balance and the variable APR applies. The card reports your payment history to the credit bureaus.
What are the pros and cons of the The Platinum Card® from American Express?
The The Platinum Card® from American Express stands out for earns 5x points on flights and prepaid hotels booked through Amex Travel and 1x elsewhere, with a deep slate of luxury travel perks, though rates and terms are partner-supplied — not fetched from the issuer ourselves.
- Earns 5x points on flights and prepaid hotels booked through Amex Travel and 1x elsewhere, with a deep slate of luxury travel perks
- A $895 annual fee
- Terms supplied by our verified data partner
- Rates and terms are partner-supplied — not fetched from the issuer ourselves
- Pay-over-time terms vary; review the issuer's pricing
- Rewards or perks pay off only if they fit how you actually spend
Who should get the The Platinum Card® from American Express?
The The Platinum Card® from American Express is best for people shopping for a travel card.
- People shopping for a travel card
- Anyone comparing options from major issuers
- Cardholders who value a sign-up bonus
How does the The Platinum Card® from American Express compare?
Among the 25 travel rewards credit cards we track, the The Platinum Card® from American Express ranks #4 with a money8020 score of 89/100.
| Product | Score | Tier | Provider |
|---|---|---|---|
| Citi Strata Premier® Card | 90 | Essential | Citibank |
| American Express® Gold Card | 89 | Essential | American Express |
| Chase Sapphire Reserve® | 89 | Essential | JPMorgan Chase |
| The Platinum Card® from American Express | 89 | Essential | American Express |
| Capital One Venture Rewards | 89 | Essential | Capital One |
See all travel rewards credit cards, ranked →
Common mistakes to avoid with a rewards credit card
- Carrying a balance — interest at the regular APR quickly erases any rewards.
- Chasing a sign-up bonus with spending you cannot pay off in full.
- Missing the intro-APR deadline and getting hit with the full variable rate.
- Overlooking an annual fee that outweighs the rewards for your spending.
Key takeaways
- The Platinum Card® from American Express earns a money8020 score of 89/100, ranking #4 of 25 travel rewards credit cards.
- Earns 5x points on flights and prepaid hotels booked through Amex Travel and 1x elsewhere, with a deep slate of luxury travel perks
- undefined.
- Best for people shopping for a travel card.
- Rate and terms sourced from our verified data partner, NerdWallet.
Frequently asked questions about the The Platinum Card® from American Express
Does the The Platinum Card® from American Express have an annual fee?
Per NerdWallet, our data partner, the card has a $895 annual fee. Terms can change — confirm current details on the issuer's site. This is not financial advice.
What stands out about the The Platinum Card® from American Express?
Per NerdWallet, it earns 5x points on flights and prepaid hotels booked through Amex Travel and 1x elsewhere, with a deep slate of luxury travel perks. Confirm current terms with the issuer before applying.
Will applying for the The Platinum Card® from American Express hurt my credit score?
Applying triggers a hard inquiry, which can dip your score a few points temporarily. Used responsibly — paying on time and keeping balances low — the card builds your credit over time.
Do the rewards on the The Platinum Card® from American Express expire?
On most cards, rewards do not expire while the account is open and in good standing, though terms vary. Redeem regularly and check the issuer's rewards policy.
Sources
We sourced these figures from our verified data partner and independently confirmed the provider’s regulator status, last checked May 30, 2026. Primary sources: