The American Express Fine Hotels and Resorts are a collection of nearly 70 luxury hotel brands that offer special benefits for American Express Platinum card and American Express Business Platinum Card cardholders at more than 1,100 locations in 500+ cities worldwide. Perks include guaranteed 4 p.m. checkout, discounted room upgrades, complimentary breakfast for 2, free Wi-Fi and more. Each hotel also offers a free amenity worth $100+ that’s unique to that location. Amex claims these perks average $550 in total value per stay.
Here are some brands included in the American Express Fine Hotels and Resorts:
Four Seasons Hotels and Resorts
MGM Resorts International
Omni Hotels & Resorts
Waldorf Astoria Hotels & Resorts
Only American Express Platinum card and American Express Business Platinum Card cardholders can access benefits through the American Express Fine Hotels and Resorts (FHR) program. When you book your stay with one of these cards, you’ll also earn 5 points / $1 spent. And you can use points to pay for future FHR bookings. But it’s important to remember that with luxury perks comes a luxury price tag. The American Express Platinum card has a $550 annual fee. For the American Express Business Platinum Card, it’s $595. Neither annual fee is waived for the first year. You will immediately have to weigh that cost against the card’s benefits.
To receive American Express Fine Hotels and Resorts benefits, Platinum cardholders must book rooms online through the amextravel.com portal or by calling Platinum Travel Service at (800) 525-3355.
Using the American Express luxury hotels benefit is one way to justify paying Amex Platinum’s and Amex Business Platinum’s high annual fees. For example, a two-night luxury hotel stay will get you an average of $550 in benefits. That would cover the Platinum card’s annual fee on its own. It would also come very close to matching the Business Platinum card’s yearly cost. So these cards are likely to be worthwhile for people who stay at luxury hotels at least once a year.
Amex Offers is a free discount program from American Express where you can get up to 30% back when shopping at major brands. Amex claims that its customers have already saved over $986 million through the program. To participate, just log in to the Amex Account Summary Page, scroll down to “Amex Offers and Benefits” and add any appealing offers to your Amex card. Then, spend the required amount at the store to receive money back in the form of Amex Membership Rewards points or a statement credit, depending on the card.… read full answer
You can browse the current list of Amex offers online. If you see one you like, click “Add to Card.” You will be prompted to enter your first and last name, Amex card number, and email to add the offer to your account.
Amex Platinum is worth it if you travel frequently, spend a lot, and can take advantage of the card’s many benefits. Amex Platinum benefits include Uber and airline fee credits, lounge access and more. But the Platinum Card from American Express is not worth it if you rarely travel and won’t spend enough ($5,000 in the first 6 months) to qualify for the card’s initial bonus: 75,000 points. That bonus, along with the card’s annual travel credits, goes a long way toward affording Amex Platinum’s $550 annual fee.… read full answer
But before you decide, let’s do a little bit of math to see whether Amex Platinum is worth the expense, starting the first year:
Amex Platinum annual fee = $550
Amex Platinum initial bonus = $600 (points value)
Minimum rewards earned, 1 point per $1 spent, to qualify for bonus = $50 (points value)
Annual Uber credit = $200
Annual airline fee credit = $200
Saks Fifth Avenue Credit = $100
Lounge access = $100
TSA pre-screening application waiver = $100
So for your first year alone, you could wind up with $800 in net value ($1,350 in rewards and other perks, minus the $550 annual fee). And that doesn’t even factor in the card’s normal, purchase-based rewards, which would add at least another $50 in value.
Normal spending could add even more, too, if your purchases qualify for Amex Platinum’s ongoing bonus rewards rates: 5 points per $1 spent on airfare and prepaid hotel stays booked through American Express. Similarly, there are other benefits that you could take advantage of, including Gold status in the Marriott Bonvoy and Hilton Honors loyalty programs and complimentary amenities worth with an average of $550 per stay at participating Fine Hotels and Resorts.
Now let’s look at the card’s second year. You’re still paying the $550 annual fee, but you no longer have an initial bonus to help make up for it. Also gone in year two is the value of the pre-screening application waiver, if you use it year one. As a result, if you spend the same amount as the first year, the total value of your benefits would be about $650, which isn’t much more than the annual fee. So you’d be putting in and getting out about the same amount of value. To really make money with this card after the first year, you’d have to spend a lot more.
So Amex Platinum is a good card for big spenders who travel all the time and can wring every drop of value out of its benefits. But it’s too expensive for light spenders and occasional travelers.
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