The best American Express Platinum card benefits are an initial bonus of 75,000 points, airport lounge access and an annual $200 airline fee credit. The American Express Platinum card also provides other travel-related perks, such as 5 points / $1 spent on travel booked directly through the American Express travel website, $200 in annual Uber credits, and 0% foreign transaction fees. 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 American Express Platinum card has plenty of traditional benefits, too. Those include up to $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.
The American Express Platinum card 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 the American Express Platinum card benefits.
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