Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.
The American Express Platinum Card® is one of the best travel cards available. It's loaded with luxury benefits, including airport lounge access, hundreds of dollars in annual statement credit and both travel insurance and *purchase protections.
Those perks don't come easy, though. In addition to paying the $895 annual fee (see rates and fees), you'll have to meet some pretty stiff credit and income requirements.
The American Express Platinum Card® is a premium card loaded with annual statement credits, entertainment benefits, extensive airport lounge access, elite status perks and more. (Enrollment required for select benefits mentioned)
- Access to 1,550+ airport lounges, including Priority Pass™ lounges (enrollment required) and Amex Centurion lounges
- Statement credit offers worth up to twice what the annual fee costs
- Elite status perks for hotels and rental cars (Enrollment required for select benefits mentioned)
- High annual fee
- Many statement credit offers are complicated and are earned in increments or limited to specific purchases
- Not as rewarding for purchases as other lower-fee travel cards
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select's editorial staff.
- You may be eligible for as high as 175,000 Membership Rewards® points after you spend $12,000 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.
- Get more for your travels with 5X Membership Rewards® points on all flights and prepaid hotel bookings through American Express Travel®, including Fine Hotels + Resorts® and The Hotel Collection bookings. You earn 5X points on flights purchased directly from airlines or through American Express Travel® on up to $500,000 on these purchases per calendar year.
- With over 1,550 airport lounges - more than any other credit card company on the market* - enjoy the benefits of the Global Lounge Collection, over $850 of annual value, with access to Centurion Lounges, 10 Delta Sky Club visits (subject to visit limitations) when flying on an eligible Delta flight, Priority Pass™ membership (enrollment required), and other select partner lounges. *As of 01/2026
- $200 Uber Cash + $120 Uber One Credit: With the Platinum Card® you can receive $15 in Uber Cash each month plus a bonus $20 in December when you add your Platinum Card® to your Uber account to use on rides and orders in the U.S when you select an Amex Card for your transaction. Plus, when you use the Platinum Card® to pay for an auto-renewing Uber One membership, you can get up to $120 in statement credits each calendar year. Terms apply.
- $300 Digital Entertainment Credit: Experience the latest shows, news and recipes. Get up to $25 in statement credits each month when you use your Platinum Card® for eligible purchases on Disney+, a Disney+ bundle, ESPN streaming services, Hulu, The New York Times, Paramount+, Peacock, The Wall Street Journal, YouTube Premium, and YouTube TV when you purchase directly from one or more of the providers. Enrollment required.
- $600 Hotel Credit: Get up to $300 in statement credits semi-annually on prepaid Fine Hotels + Resorts® or The Hotel Collection* bookings through American Express Travel® using the Platinum Card®. *The Hotel Collection requires a minimum two-night stay.
- $400 Resy Credit + Platinum Nights™ by Resy: Get up to $100 in statement credits each quarter when you use the Platinum Card® to pay for eligible purchases with Resy, including dining purchases at over 10,000 qualifying U.S. Resy restaurants. Enrollment required. As a Platinum Card® Member you have special access to reservations on select nights at participating sought after Resy restaurants in select cities through Platinum Nights™ by Resy. Simply add your Platinum Card® to your Resy profile to book your reservation.
- $219 CLEAR+ Credit: CLEAR+ helps get you to your gate faster by using your face to verify you are you at 55+ airports nationwide. You can cover the cost of a CLEAR+ Membership* with up to $219 in statement credits per calendar year after you pay for CLEAR+ with your Platinum Card®. *Excluding any applicable taxes and fees. Subject to auto-renewal.
- $200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees, such as checked bags and in-flight refreshments, are charged by the airline to the 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.
- Start your vacation sooner and keep it going longer. When you book Fine Hotels + Resorts® through American Express Travel®, enjoy noon check-in, when available, and guaranteed 4PM late check-out.
- $300 lululemon Credit: Enjoy up to $75 in statement credits each quarter when you use the Platinum Card® for eligible purchases at U.S. lululemon retail stores (excluding outlets) and lululemon.com. That's up to $300 in statement credits each calendar year. Enrollment required.
- $155 Walmart+ Credit: Get up to a $12.95* statement credit back each month after you pay for a monthly Walmart+ membership (subject to auto-renewal) with your Platinum Card®. *Up to $12.95 plus applicable taxes on one membership fee.
- Whenever you need us, we're here. Our Member Services team will ensure you are taken care of. From lost Card replacement to statement questions, we are available to help 24/7.
- $895 annual fee.
- Terms Apply.
- See Rates & Fees
Balance transfer fee
N/A
Foreign transaction fee
None
*Eligibility and benefit level vary by card. Terms, conditions and limitations apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.
Amex Platinum
See if credit repair is right for you
American Express Platinum Card details
The American Express Platinum Card has a range of benefits that can offset its $895 annual fee. (See rates and fees.)
This card offers the following statement credits:
- Walmart+: Up to $155 annually (enrollment required. Subject to auto-renewal. Up to $12.95 plus applicable taxes on one membership fee.)
- Equinox: Up to $300 annually (enrollment required)
- Select digital entertainment services: Up to $300 annually (enrollment required)
- Airline fees: Up to $200 annually (enrollment required)
- Up to $219 CLEAR+ Credit (in the form of statement credits per calendar year; excludes applicable taxes subject to auto-renewal)
- Receive either a statement credit every 4 years after you apply for Global Entry ($120) or a statement credit after you apply for a five-year membership for TSA PreCheck® (up to $85 through a TSA PreCheck official enrollment provider) and pay the application fee with your Platinum Card. Card Members approved for Global Entry will also receive access to TSA PreCheck at no additional cost.
- Uber: Up to $200 annually. 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. (enrollment required)
- Hotel Credit (Fine Hotels & Resorts® or The Hotel Collection): Up to $300 back in statement credits semi-annually; Hotel Collection bookings through American Express Travel (Hotel Collection requires a minimum two-night stay. Certain room categories are not eligible for upgrade).
It's not hard to offset the annual fee if you make purchases in just half of these categories and maximize the credits.
The Platinum card also earns American Express Membership Rewards points, which can be used to book flights, cruises, hotels, rental cars and more through the Amex Travel site. Points also transfer to valuable airline and hotel loyalty programs, which makes them great for booking luxury hotel rooms or premium flights.
Offers in this section are from affiliate partners and selected based on a combination of engagement, product relevance, compensation, and consistent availability.
No minimum deposit or balance requirement.
No limits on transactions.
24/7 customer support.
X, Y, Z.
1.00% APY as of 06/24/2024
Min balance to open = $0
American Express Platinum Card welcome bonus
The American Express Platinum Card currently offers a welcome bonus as high as 175,000 Membership Rewards® points after spending $12,000 on eligible purchases within the first six months of card membership. (Terms apply.)
There are restrictions on qualifying for the welcome bonus, however. You may not be eligible if you currently or previously had a Platinum card, a Platinum Card® from American Express Exclusively for Charles Schwab or a Platinum Card® from American Express Exclusively for Morgan Stanley, or previous versions of these cards.
During the application process, a pop-up window will let you know if you don't qualify for the bonus.
The American Express Platinum Card® is a premium card loaded with annual statement credits, entertainment benefits, extensive airport lounge access, elite status perks and more. (Enrollment required for select benefits mentioned)
- Access to 1,550+ airport lounges, including Priority Pass™ lounges (enrollment required) and Amex Centurion lounges
- Statement credit offers worth up to twice what the annual fee costs
- Elite status perks for hotels and rental cars (Enrollment required for select benefits mentioned)
- High annual fee
- Many statement credit offers are complicated and are earned in increments or limited to specific purchases
- Not as rewarding for purchases as other lower-fee travel cards
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select's editorial staff.
- You may be eligible for as high as 175,000 Membership Rewards® points after you spend $12,000 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.
- Get more for your travels with 5X Membership Rewards® points on all flights and prepaid hotel bookings through American Express Travel®, including Fine Hotels + Resorts® and The Hotel Collection bookings. You earn 5X points on flights purchased directly from airlines or through American Express Travel® on up to $500,000 on these purchases per calendar year.
- With over 1,550 airport lounges - more than any other credit card company on the market* - enjoy the benefits of the Global Lounge Collection, over $850 of annual value, with access to Centurion Lounges, 10 Delta Sky Club visits (subject to visit limitations) when flying on an eligible Delta flight, Priority Pass™ membership (enrollment required), and other select partner lounges. *As of 01/2026
- $200 Uber Cash + $120 Uber One Credit: With the Platinum Card® you can receive $15 in Uber Cash each month plus a bonus $20 in December when you add your Platinum Card® to your Uber account to use on rides and orders in the U.S when you select an Amex Card for your transaction. Plus, when you use the Platinum Card® to pay for an auto-renewing Uber One membership, you can get up to $120 in statement credits each calendar year. Terms apply.
- $300 Digital Entertainment Credit: Experience the latest shows, news and recipes. Get up to $25 in statement credits each month when you use your Platinum Card® for eligible purchases on Disney+, a Disney+ bundle, ESPN streaming services, Hulu, The New York Times, Paramount+, Peacock, The Wall Street Journal, YouTube Premium, and YouTube TV when you purchase directly from one or more of the providers. Enrollment required.
- $600 Hotel Credit: Get up to $300 in statement credits semi-annually on prepaid Fine Hotels + Resorts® or The Hotel Collection* bookings through American Express Travel® using the Platinum Card®. *The Hotel Collection requires a minimum two-night stay.
- $400 Resy Credit + Platinum Nights™ by Resy: Get up to $100 in statement credits each quarter when you use the Platinum Card® to pay for eligible purchases with Resy, including dining purchases at over 10,000 qualifying U.S. Resy restaurants. Enrollment required. As a Platinum Card® Member you have special access to reservations on select nights at participating sought after Resy restaurants in select cities through Platinum Nights™ by Resy. Simply add your Platinum Card® to your Resy profile to book your reservation.
- $219 CLEAR+ Credit: CLEAR+ helps get you to your gate faster by using your face to verify you are you at 55+ airports nationwide. You can cover the cost of a CLEAR+ Membership* with up to $219 in statement credits per calendar year after you pay for CLEAR+ with your Platinum Card®. *Excluding any applicable taxes and fees. Subject to auto-renewal.
- $200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees, such as checked bags and in-flight refreshments, are charged by the airline to the 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.
- Start your vacation sooner and keep it going longer. When you book Fine Hotels + Resorts® through American Express Travel®, enjoy noon check-in, when available, and guaranteed 4PM late check-out.
- $300 lululemon Credit: Enjoy up to $75 in statement credits each quarter when you use the Platinum Card® for eligible purchases at U.S. lululemon retail stores (excluding outlets) and lululemon.com. That's up to $300 in statement credits each calendar year. Enrollment required.
- $155 Walmart+ Credit: Get up to a $12.95* statement credit back each month after you pay for a monthly Walmart+ membership (subject to auto-renewal) with your Platinum Card®. *Up to $12.95 plus applicable taxes on one membership fee.
- Whenever you need us, we're here. Our Member Services team will ensure you are taken care of. From lost Card replacement to statement questions, we are available to help 24/7.
- $895 annual fee.
- Terms Apply.
- See Rates & Fees
Balance transfer fee
N/A
Foreign transaction fee
None
American Express Platinum card credit score
To qualify for the American Express Platinum Card, you typically need good to excellent credit.
Even pristine credit won't guarantee approval, though, since Amex considers other factors, including your income, history of balance transfers and the number of credit cards you have open.
You can prequalify for a Platinum card with just a soft credit inquiry, which won't affect your credit score. If you appear to be a good candidate, you can proceed with the full application process, which includes a hard credit inquiry.
If your application is rejected, you can call Amex's reconsideration line to see if there is something you can do to change that.
Offers in this section are from affiliate partners and selected based on a combination of engagement, product relevance, compensation, and consistent availability.
On Chase's site
Earn $200 cash back
See rates and fees. Terms apply.
Alternatives to Amex Platinum for bad credit
Opening a secure credit card can help you rebuild your credit and eventually qualify for more rewarding cards.
The Capital One Quicksilver Secured Credit Card earns 1.5% cash back on every purchase, with a minimum security deposit of $200 and no annual fee. After six months, you'll automatically be considered for an upgrade to a higher credit line or an unsecured card.
The Capital One Quicksilver Secured Credit Card is an unusually rewarding card because you earn 1.5% cash back on every purchase.
- Simple rewards structure with no caps or categories to track
- Available if you have fair credit
- High APR
- Has an annual fee
Rewards
- Earn unlimited 5% cash back on hotels, vacation rentals and rental cars booked through Capital One Travel
- Earn unlimited 1.5% cash back on every purchase, every day
Balance transfer fee
- $0 at the Transfer APR, 4% of the amount of each transferred balance that posts to your account at a promotional APR that Capital One may offer to you
If you have fair credit, the Credit One Bank® Wander® American Express® Card with Dining, Gas & Travel Rewards is a great option. It earns 5% cash back rewards on eligible dining, gas, and travel purchases and 10% cash back rewards on eligible hotels and rental cars booked through the Credit One Bank travel partner site.
Credit One Bank® Wander® American Express® Card with Dining, Gas & Travel Rewards
Rewards
10% cash back rewards on eligible hotel and car rentals booked using the Credit One Bank travel partner, 5% cash back rewards on eligible dining, gas, & travel purchases. 1% cash back rewards on all other purchases, terms apply
Welcome bonus
No current offer
Annual fee
$95
Intro APR
N/A
Regular APR
29.74%* Variable
Balance transfer fee
N/A
Foreign transaction fee
None
Credit needed
Fair to Good credit
See rates and fees. Terms apply.
Pros
- Great return on travel purchases
- Available to those with average credit
Cons
- High APR
- No welcome bonus
Improving your credit score
Your credit score is based on a variety of factors, but the biggest ones are your history of on-time payments and how much of your available credit you're using.
To improve your credit, the best things you can do are consistently pay your bills on time and keep a healthy chunk of your credit limit untouched. Experts recommend keeping your credit utilization rate below 30%, although consumers with excellent credit usually stay below 10%.
One way to quickly lower your utilization is to request a credit limit increase. Just be sure not to increase your spending to match.
FICO score factors
| Credit score factors | % of FICO score |
|---|---|
| Payment history | 35% |
| Amounts owed | 30% |
| Lenght of credit history | 15% |
| Credit mix | 10% |
| New credit | 10% |
Source: myfico.com
Another way to boost your credit score is with services like *Experian Boost® or eCredable Lift, which report on-time payments of rent, utilities, cell phone, streaming services and other bills to one or more of the credit bureaus.
Experian Boost®
Cost
Free
Average credit score increase
13 points, though results vary
Credit report affected
Experian®
Credit scoring model used
Results will vary. See website for details.
How to sign up for Experian Boost:
- Connect the bank account(s) you use to pay your bills
- Choose and verify the positive payment data you want added to your Experian credit file
- Receive an updated FICO® Score
Learn more about eligible payments and how Experian Boost works.
Find the best credit card for you by reviewing offers in our credit card marketplace or get personalized offers via CardMatch™.
FAQs
What should I do if I'm rejected for the Amex Platinum Card?
If your Amex Platinum Card application is rejected, you'll receive a letter detailing why it wasn't approved. At that point, you could call Amex's reconsideration line to see if there is anything you can do to address the issues and have your application approved.
Is it hard to qualify for the Amex Platinum Card?
To be eligible for the Amex Platinum Card, you'll typically need a good to excellent credit score. This makes it one of the more difficult cards to qualify for.
What salary do you need to qualify for an American Platinum Card?
There isn't a published income requirement for the Amex Platinum Card. However, income is considered, and having a higher income will help improve your approval odds.
Does the American Express Platinum card have a credit limit?
The Amex Platinum card doesn't have a traditional credit limit. Your spending power is dynamic, based on factors like your income, credit score, spending patterns and payment history with American Express. Purchases can still be declined if they exceed your internal spending power.
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At CNBC Select, our mission is to provide our readers with high-quality service journalism and comprehensive consumer advice so they can make informed decisions with their money. Every credit card story is based on rigorous reporting by our team of expert writers and editors with extensive knowledge of credit cards. While CNBC Select earns a commission from affiliate partners on many offers and links, we create all our content without input from our commercial team or any outside third parties, and we pride ourselves on our journalistic standards and ethics.
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Information about the The Platinum Card® from American Express Exclusively for Charles Schwab, The Platinum Card® from American Express Exclusively for Morgan Stanley has been collected independently by CNBC Select and has not been reviewed or provided by the issuer of the card prior to publication.
*Results may vary. Some may not see improved scores or approval odds. Not all lenders use Experian credit files, and not all lenders use scores impacted by Experian Boost.
For rates and fees of the American Express Platinum Card®, click here.
