Gina Marte, WalletHub Advisor
@ginamarte
The American Express Platinum card 5x points bonus gives 5 points / $1 spent on eligible airfare and hotel stays. The card’s base rewards rate is 1 point / $1 spent on purchases.
American Express Platinum card’s 5 points / $1 flight bonus applies to airfare booked directly with the airline or through American Express Travel (up to $500,000 spent per year). Prepaid hotel reservations booked on Amex Travel with a American Express Platinum card card also earn 5 points / $1 spent.
Purchases not eligible for the 5x points bonus:
Car rentals, non-prepaid hotel reservations, charter flights, private jet flights, cruises, and similar travel expenses do not earn the American Express Platinum card’s 5 points / $1 bonus. These bookings and all other purchases only earn 1 point / $1 spent.
Keep in mind that the American Express Platinum card’s 5 points / $1 bonus rewards can take up to two billing cycles to post to your account.
The Platinum Card® from American Express
People also ask
How many points per dollar does Amex Platinum offer?
The American Express Platinum card offers 1 - 5 points per $1 spent, depending on the type of purchase. More specifically, with this card you can earn 5 points per $1 spent on flights booked with airlines or with American Express Travel (up to $500,000 spent per year), 5 points per $1 spent on prepaid hotels booked through Amex, and 1 point per $1 spent on all other purchases.
In addition to these ongoing rewards, the American Express Platinum card also offers new cardholders an initial bonus of 80,000 points for spending $6,000 in the first 6 months. Charges for travelers’ checks, prepaid cards, gift cards, cash equivalents such as lottery tickets, fees, and interest do not earn points.
Things to know about the American Express Platinum card points:
American Express Platinum card points are worth 1 cent each...
read full answerHow do I earn and redeem Amex Platinum points?
You can earn and redeem American Express Platinum card points by using this card for purchases. With your American Express Platinum card, you’ll earn 1 - 5 points per $1 spent on purchases. To qualify for this card’s 5 points / $1 rewards rate, flights must be booked directly through the airline’s website or through Amex Travel (up to $500,000 spent per year), and hotels must be booked through Amex.
In addition, the American Express Platinum card also offers 80,000 points for spending $6,000 in the first 6 months. When you redeem American Express Platinum card points, they’re worth 0.7 cents to 1 cent...
read full answerDoes Amex Platinum offer a 100K point bonus?
No, the American Express Platinum card does not offer a 100K point bonus anymore. The current offer is 80,000 points for spending $6,000 in the first 6 months. Once you’ve met the spending requirement for the American Express Platinum card’s bonus, the points will post to your account within 8-12 weeks.
In addition to the welcome offer, the American Express Platinum card offers many other benefits and extensive ongoing rewards.
American Express Platinum card’s Rewards & Perks
- Earn 80,000 Membership Rewards® Points after you spend $6,000 on purchases on the Card in your first 6 months of Card Membership.
- 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 with American Express Travel when you pay with your Platinum Card®.
- $240 Digital Entertainment Credit: Get up to $20 in statement credits each month when you pay for eligible purchases with the Platinum Card® at your choice of one or more of the following providers: Disney+, ESPN+, Hulu, The New York Times, Peacock, SiriusXM, and The Wall Street Journal. Enrollment required.
- $155 Walmart+ Credit: Walmart+ members enjoy shopping perks – both online and in-store – at Walmart. Use your Platinum Card® to pay for a monthly Walmart+ membership (subject to auto-renewal) and receive a statement credit that covers the full cost each month. $12.95 plus applicable taxes. Plus Up Benefits not eligible.
- $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 Card.
- $200 Uber Cash: Enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. Uber Cash and Uber VIP status is available to Basic Card Member only. Benefit renews annually.
- $300 Equinox Credit: Get up to $300 back per calendar year on an Equinox+ subscription, or any Equinox club memberships when you pay with your Platinum Card®. Enrollment required. Learn more.
- $189 CLEAR® Plus Credit: Breeze through security with CLEAR® Plus at 45+ airports nationwide and get up to $189 back per year on your membership (subject to auto-renewal) when you use your Platinum Card®.
- $100 Global Entry Credit: Receive either a $100 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 $50 in statement credits semi-annually for purchases at Saks Fifth Avenue on your Platinum Card®. Enrollment required.
- $300 SoulCycle At-Home Bike Credit: Get a $300 statement credit for the purchase of a SoulCycle at-home bike with your Platinum Card®. Must charge full price of bike in one transaction, and an Equinox+ subscription is required.
- Add your Platinum Card® to your Resy profile on the Resy app or website and unlock Global Dining Access by Resy to exclusive tables and events.
- Terms Apply.
All in all, the American Express Platinum card is a good card for high-spending frequent travelers with at least...
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