Gold elite status in the Marriott Bonvoy and Hilton Honors hotel loyalty programs (when enrolled)
$200 credit each year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings with American Express Travel when you pay with your American Express Platinum card (requires a minimum two-night stay)
5 points / $1 spent on prepaid hotel bookings at amextravel.com when using your American Express Platinum card
The Amex Fine Hotels and Resorts program offers more benefits with any stay at its 1,100+ worldwide locations. They include:
Free amenities worth $100, daily breakfast for 2, guaranteed 4 p.m. late checkout and free Wi-Fi. Other Fine Hotels benefits include noon check-in and free room upgrades, when available.
Some of the perks that come with elite Hilton and Marriott status are bonus points for hotel stays, late checkout and room upgrades, if available. To take advantage of either Hilton or Marriott elite status, you can only book rooms with the respective property. Bookings made through third-party websites such as Amex Travel will not earn bonus points from either hotel’s loyalty program.
Yes, Amex Platinum is worth it for travelers with good credit who spend a lot and can take advantage of the card’s benefits. Amex Platinum benefits include a TSA PreCheck or Global Entry fee credit, airport lounge access, up to $200 in Uber credits per year and up to $200 in airline fee credits annually, and more. The card’s initial bonus of 100,000 points after you spend $6,000 in the first 6 months also goes a long way toward making the card worth its $695 annual fee.… read full answer
For the first year alone, you could wind up with at least $1,600 in net value (rewards and other perks, minus the $695 annual fee). The American Express Platinum card’s second year will have the same annual fee, but the total value of your benefits in year two would only be about $800 if you spent the same amount on the card as year one, according to WalletHub's research.
To really make money with this card after the first year, you’d have to spend a lot more. That said, many of the card’s perks are ongoing. You’ll benefit more if your purchases qualify for Amex Platinum’s ongoing bonus rewards rates, and if you utilize Amex Platinum’s complimentary Gold status in the Marriott Bonvoy and Hilton Honors hotel loyalty programs (enrollment required).
All in all, 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 far too expensive for light spenders and occasional travelers.
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 that’s unique to that location. … read full answer
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 $695 annual fee. For the American Express Business Platinum card, it’s also $695. 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.
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub.
Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.