Amex Platinum offers dining benefits through the Global Dining Collection, which allows cardholders to secure reservations at more than 1,000 exclusive restaurants worldwide and provides special opportunities to meet and interact with some of the world’s most famous chefs.
To use the Amex Platinum dining benefit, call the number on the back of your Platinum card and request to be transferred to Amex Global Dining Collection. A concierge will assist you in making a reservation at an available restaurant. You can also book a reservation through the Amex mobile app. There’s no cost for using the Amex Platinum dining benefit to book a reservation. However, you are responsible for any purchases you make with your Platinum card.
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.
Amex Platinum companion tickets are not available anymore. Amex dropped companion tickets as a Platinum Card benefit when it revamped its International Airline Program in 2017. Previously, Amex Platinum cardholders earned a free companion ticket after booking a first-class or business-class international flight directly through American Express. The companion ticket allowed cardholders to bring another person on that same flight, but the primary tickets were often very expensive to purchase through Amex, resulting in minimal savings. Plus, you had to pay taxes and fuel surcharges on the companion ticket.… read full answer
The closest thing to an Amex Platinum companion ticket available right now is the American Express Platinum Delta SkyMiles companion ticket offer. Platinum Delta SkyMiles and Reserve Delta SkyMiles are the only two Amex cards currently offering companion tickets. They award the complimentary pass after you’ve had the card for at least 12 months. You’ll receive one ticket each year after you pay the card’s annual fee. Companion tickets are good for one domestic round-trip flight (Hawaii and Alaska excluded), and you only have to pay up to $75 in taxes and fees when you redeem the ticket.
Plus, it’s also worth noting that Amex Platinum cardholders can still bring up to two companions into airport lounges free of charge.
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