{"id":4005,"date":"2025-09-24T16:10:01","date_gmt":"2025-09-24T16:10:01","guid":{"rendered":"https:\/\/awardwallet.com\/blog\/?p=4005"},"modified":"2026-04-30T17:19:00","modified_gmt":"2026-04-30T17:19:00","slug":"amex-platinum","status":"publish","type":"post","link":"https:\/\/awardwallet.com\/credit-cards\/amex-membership-rewards\/amex-platinum\/","title":{"rendered":"Is The Platinum Card\u00ae Worth It After Its Annual Fee Increase? Our Comprehensive Breakdown"},"content":{"rendered":"

The long-awaited update to the American Express Platinum Card\u00ae<\/sup><\/a> has gone into effect. As part of the Platinum Card\u00ae<\/sup> overhaul<\/a>, cardholders receive expanded statement credits and benefits in exchange for an industry-topping $895 annual fee (Rates & Fees<\/a>).<\/p>\n

Most people might balk at the idea of spending close to $1,000 just to have a credit card in their pocket — even if it's a limited-edition mirror design. However, the Platinum Card\u00ae<\/sup> has clearly set itself apart from the competition. It offers excellent travel benefits, great travel insurance coverage, and a plethora of credits and benefits worth over $3,500 if you can maximize them all.<\/p>\n

The card isn't without its drawbacks. Some of the statement credits can be difficult to use \u2014 many feel that the way the credits are structured purposefully makes them harder to maximize. Plus, the earning potential on non-flight purchases is subpar.<\/p>\n

We'll weigh the pros and cons of the Platinum Card\u00ae<\/sup> Card up front. Then, we'll dive into how you can get value from the Platinum Card\u00ae<\/sup>‘s travel benefits, annual credits, and welcome offer. Afterward, you can decide whether it's the right fit for your wallet.<\/p>\n

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American Express Platinum Card\u00ae<\/sup><\/div>\n
\"American<\/div>\n
How to Apply<\/a><\/div>\n
Rates & Fees<\/a>
(Terms apply)<\/span><\/div>\n
Welcome Offer<\/strong>\r\nAs High As 175,000 points. Find Out Your Offer. You may be eligible for as high as 175,000 Membership Rewards\u00ae<\/sup> Points after spending $12,000 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.<\/div>\n <\/div>\n
\n American Express Platinum Card\u00ae<\/sup><\/strong>\n
Welcome Offer<\/strong>\r\nAs High As 175,000 points. Find Out Your Offer. You may be eligible for as high as 175,000 Membership Rewards\u00ae<\/sup> Points after spending $12,000 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.<\/div>\n
Annual Fee:<\/strong>$895<\/b><\/div>\n
Show more<\/a>Why We Like It<\/a>Highlights<\/a>Earning Rates<\/a>
Cardholders can access more than 1,550 airport lounges worldwide, take advantage of up to $200 in annual airline fee credits, up to $209 in CLEAR+ credits, and TSA PreCheck\u00ae<\/sup> or Global Entry fee credits. The card also includes an annual hotel credit worth up to $600 on prepaid Fine Hotels + Resorts\u00ae<\/sup> or The Hotel Collection bookings (The Hotel Collection requires a minimum two-night stay), Hilton Honors\u2122 and Marriott Bonvoy\u00ae<\/sup> Gold Elite status, and a suite of benefits with Fine Hotels + Resorts\u00ae<\/sup>. Additional perks include $12.95 monthly Walmart+ membership credit (with applicable sales taxes and Plus Ups not include), up to $300 in annual digital entertainment credits, up to $300 Equinox credits, and up to $200 annual Uber Cash and $120 Uber One Credit. Enrollment required for select American Express benefits.<\/div>
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