The best Amex Platinum benefits are an initial bonus of 75,000 points, airport lounge access and an annual $200 airline fee credit. Amex Platinum also provides other travel-related perks, such as 5 points per $1 spent on travel booked directly through the American Express travel website, $200 in annual Uber credits, and a 0% foreign transaction fee. On top of that, cardholders are eligible for car rental privileges, such as vehicle upgrades and discounts, along with complimentary Gold elite status in the Marriott Bonvoy and Hilton Honors loyalty programs.
The Amex Platinum card has plenty of traditional benefits, too. Those include $20,000 in trip cancellation/interruption insurance, baggage protection of up to $3,000 annually per person per trip, and car rental insurance. You’ll also get extended product warranties, return protection and a $100 annual credit toward purchases at Saks Fifth Avenue.
Amex Platinum benefits do come at a high cost. The card’s annual fee is a hefty $550. So to determine if the card is worth the enormous price tag, you’ll first need to assess how much you’ll spend on it each year, then establish whether you’ll be able to take full advantage of the assorted Amex Platinum benefits.
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