The Platinum Card® from American Express
A $895 premium card with a long list of credits (hotel, Uber, airline, CLEAR, Resy, entertainment and more), a global lounge collection and Fine Hotels + Resorts access. Worth it only if you will use most of the credits. Annual fee: $895. Welcome offer: Up to 175,000 points after $12,000 in eligible purchases in the first 6 months.
Additional Platinum cards $195 each; Companion Platinum no fee.
Welcome offer
| Offer | Up to 175,000 points |
|---|---|
| Spend requirement | $12,000 in eligible purchases |
| Time window | first 6 months |
| Expiration | No end date stated |
Amex shows personalized offers, so 175,000 is a ceiling, not a promise. Reported by Motley Fool (Oct 5, 2026) and The Points Guy (Oct 26, 2026); Amex's own page does not publish the offer.
Offers may vary by applicant, channel, referral link and targeting. The offer on the issuer's own application page is the one that applies.
Earning rates
| Category | Rate | Notes |
|---|---|---|
| Flights booked direct with airlines or via Amex Travel | 5x | Up to $500,000 per calendar year. |
| Prepaid hotels via Amex Travel | 5x | |
| Prepaid Airbnb bookings via Amex Travel | 5x | New in Oct 2026. |
| Everything else | 1x |
5x only on flights booked direct or via Amex Travel, and prepaid hotels via Amex Travel.
Benefits and credits
Statement credits
| Credit | Value | Details |
|---|---|---|
| Lodging credit (Fine Hotels + Resorts / The Hotel Collection / Airbnb Luxe via Amex Travel) | Up to $300 per half-year ($600/yr) | Bookings must process by June 30 / Dec 31 (Central). From Jan 1, 2027 every use needs a 2-night stay. |
| Uber Cash | $15/mo + $20 in Dec ($200/yr) | Add the card to your Uber account. |
| Uber One membership | Up to $120/yr | Needs an auto-renewing Uber One membership. |
| Airline fee credit | Up to $200/yr | Choose one qualifying airline. |
| CLEAR+ | Up to $219/yr | Pay for CLEAR+ with the card. |
| Resy | Up to $100/quarter ($400/yr) | Enrollment required. |
| Digital entertainment | Up to $25/mo ($300/yr) | Enrollment required. |
| lululemon | Up to $75/quarter ($300/yr) | Enrollment required. |
| Walmart+ | Up to $12.95/mo plus tax | Monthly. |
| Oura Ring | Up to $200/yr | Enrollment required. |
| Airbnb Experiences | Up to $250/yr | Unlocked by a prepaid Airbnb Luxe stay booked via Amex Travel (per TPG, Oct 22, 2026). |
| Global Entry / TSA PreCheck | $120 / up to $85 | Global Entry every 4 years. |
Other benefits
- Global Lounge Collection: Centurion Lounges, 10 Delta Sky Club visits on eligible Delta flights per Amex, Priority Pass (enrollment required) and partner lounges. Guest rules vary by lounge and are not listed on Amex's product page.
- Hilton Honors Gold, Marriott Bonvoy Gold Elite, Leaders Club Sterling, plus premium car-rental status with Avis, Hertz and National (enrollment required).
- Fine Hotels + Resorts: 1,900+ properties; breakfast for two, $100 property credit, guaranteed 4 p.m. checkout, upgrade when available. The Hotel Collection: 1,400+ hotels with a $100 credit on 2+ nights.
- Trip cancellation/interruption up to $10,000 per trip ($20,000 per 12 months); trip delay $500; purchase protection $10,000 per item; cell phone protection $800 per claim.
Restrictions
- Many credits need enrollment or have narrow merchant lists; read the terms for each.
- From Jan 1, 2027 a Fine Hotels + Resorts stay must be at least two nights to use the lodging credit (one-night FHR stays still get the FHR perks).
- Amex generally limits the welcome offer to once per lifetime per card.
Strategies
- List the credits you would pay for anyway. The hotel, airline, CLEAR and Uber credits are the easiest to use fully; skip the rest if they don't match your habits.
- Use the two $300 hotel-credit windows separately: they do not roll over.
- See our Fine Hotels + Resorts guide for how to compare the effective cost against booking direct.
Best categories: 5x at flights booked direct with airlines or via amex travel; 5x at prepaid hotels via amex travel.
Transfers: Amex Membership Rewards can move to 20 airline and hotel partners. Ratios and timing are in our Transfer Partner Matrix and on the Points Transfers and Deals page.
Compare with: American Express® Gold Card, Capital One Venture X Rewards, Capital One Venture Rewards, VentureOne Rewards from Capital One. Or try the Best Card Finder with your own spending.
Sources and freshness
Fees, credits and earning rates from Amex's official page (fetched Oct 27, 2026). Welcome offer and Airbnb/FHR changes from third-party reports dated Oct 5–26, 2026.
Last updated: . Verification status: checked against the sources above.