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If you are a cardholder of The Platinum Card® from American Express, you have a suite of statement credits at your disposal. That's a good thing, considering the substantial $695 annual fee (Rates & Fees). Most credits are tailored toward travelers, like the hotel and airline fee credits. However, there are a few additional credits that are useful when you're at home.
If you want to exercise more, you're in luck — Card Members can access up to $300 in statement credits each calendar year on a digital or club membership at Equinox. Enrollment is required, and terms apply.
Here's how you can use the Amex Platinum $300 Equinox credit — even if you don't live near an Equinox location.
Page Contents
What Is Equinox?
If you aren't familiar, Equinox is a premium health and fitness space founded in 1991. You might already be acquainted with the luxury lifestyle brand, even if you've never been to Equinox. Brands under the Equinox Group umbrella include SoulCycle and Pure Yoga, both of which are popular among fitness enthusiasts.
There are 110 clubs across the U.S., Canada, and the UK, each offering classes, coaching, pilates, and more. Select locations also have spas where you can get treatments.
An Equinox+ membership costs $40 per month, or $480 per year. So, you can essentially cover 7.5 months of membership with your credit if you go this route. Meanwhile, an Equinox all-access membership to 80+ clubs across the U.S. (excluding several locations in NYC and SoCal) costs $325 per month.
Related: Don’t Leave Money on the Table — Use These Credit Card Statement This Year
How to Use Amex Platinum Equinox Credit
To take advantage of the $300 Amex Platinum Equinox credit, you'll need to be a cardholder of the Amex Platinum. Once you have that out of the way, go to platinum.equinox.com to enroll in the promotion.
It's worth emphasizing that enrollment in the Equinox benefit must be completed through the platinum.equinox.com landing page. Credits will not trigger if you subscribe through other platforms, such as the app or directly on the Equinox site.
Unlike some card offerings, Amex doesn't restrict this credit to new Equinox members. However, if you are a former member of Equinox or a former Equinox+ subscriber, you'll need to email hello@equinoxplus.com to enroll. Keep in mind that you'll only get one credit per account per year, even if you have authorized users on your account.
On the website, existing members will sign in to their accounts, and new members will create a new account and select a membership plan. Once enrolled, use your card to pay for your monthly Equinox+ digital subscription or Equinox club membership fee.
Statement credits should post to your account within a few days, but it could take up to eight weeks. Memberships purchased through the Equinox mobile app won't count toward the credit, so be sure to sign up online or in person.
Related: All You Need to Know About the Amex Platinum Saks Credit
Equinox+ digital subscription
The Equinox+ digital subscription is one of the best value ways to utilize your Equinox credit. The app offers a variety of classes for almost any fitness level, including:
- Equinox classes
- Guided meditations
- PURE Yoga
- Guided treadmill and outdoor running and walking classes
- Pilates
- Strength training and targeted recovery
You can also sync your account with Apple HealthKit to track your progress and metrics. Although you can't access Equinox club locations, you can get a heavily discounted Equinox-worthy workout by utilizing your credit on an Equinox+ subscription.
How to Use Amex Platinum Equinox Credit for Spa
A few savvy Amex Platinum Card Members found a loophole to use the Equinox credit for spa treatments like massages. They activated an Equinox+ digital 7-day free trial, booked a massage, and paid using their Amex Platinum, then received statement credits of up to $300 back. They then cancelled the free trial before being charged and never had to pay for an Equinox membership.
Unfortunately, it appears the loophole has been closed. Amex and Equinox are reportedly no longer allowing spa services to be reimbursed under the Equinox credit. User reports are iffy — while it could still work, make sure you're fine paying for a $200 massage if it ends up not working. If you'd rather not take the risk, you're better off using the credit towards an Equinox membership.
Related: Your Guide to Using the Amex Platinum‘s Digital Entertainment Credit
Final Thoughts
The high annual fee on the Amex Platinum can only be justified if you're taking full advantage of the available statement credits and other cardholder benefits. If you like at-home workouts, you'll be able to cover a large portion of an Equinox+ membership using your Amex Platinum Equinox credit. If you'd rather go to a physical location, you'll still pay a lot of money throughout the year, but at least you won't be leaving money on the table.
- 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.
- 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.
- Enjoy the benefits of the Global Lounge Collection, with over $500 of annual value if you visit Centurion Lounges and each of our partner lounges including Delta Sky Club® lounges when flying an eligible Delta flight (subject to visit limitations) , select Lufthansa lounges when flying Lufthansa, Plaza Premium lounges and Escape Lounges, and enroll in Priority Pass Select. See terms.
- A Walmart+ membership can get you free shipping with no order minimum on eligible items shipped by Walmart. Use your Platinum Card® to pay for a monthly Walmart+ membership (subject to auto-renewal) and receive one statement credit for up to $12.95 (plus applicable taxes. Plus Ups not eligible) each month. Free Shipping excludes most Marketplace items, freight & certain location surcharges. Paramount+ Essential plan only, separate registration required.
- $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® 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.
- $200 Uber Cash: Platinum Card® Members can ride or dine in style with $15 in Uber Cash each month, plus a bonus $20 in December after adding their Card to their Uber account. Use your Uber Cash on rides and orders in the U.S. when you select an Amex Card for your transaction.
- $199 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. Receive up to $199 in statement credits per calendar year after you pay for your CLEAR Plus Membership (subject to auto-renewal) with the Platinum Card®.
- 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.
- Use Global Dining Access by Resy to access premium dining experiences. Receive Priority Notify and unlock insider access to some of the world's most sought-after restaurants with Global Dining Access by Resy. Download the Resy iOS app or log into Resy.com and add your Platinum Card® to your Resy profile to take advantage of your special benefits and discover restaurants near you.
- $695 annual fee.
- Terms Apply.
- Rates & Fees
- Earn 5X points for flights booked directly with airlines or with American Express Travel® (up to $500,000 in purchases per calendar year).
- Earn 5X points on prepaid hotels booked with American Express Travel®.
For rates and fees of the cards mentioned in this post, please visit the following links: The Platinum Card® from American Express (Rates & Fees)
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