How does the Amex Platinum medical evacuation benefit work?

Yes, American Express does offer travel insurance. The most common American Express travel insurance benefits are car rental insurance and baggage insurance. Some American Express credit cards also offer trip delay insurance along with trip cancellation and interruption insurance. To be eligible for travel insurance coverage, you’ll need to pay for your travel using your American Express credit card.… read full answer

American Express Credit Cards with Travel Insurance

• The Platinum Card® from American Express
• Hilton Honors American Express Card
• Delta SkyMiles® Gold American Express Card
• Delta SkyMiles® Reserve American Express Card
• Marriott Bonvoy Brilliant™ American Express® Card

Check the guide to benefits that came with your American Express card to see which types of travel insurance are included with your card. The guide will also show coverage amounts and other details on each of your travel insurance benefits.

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.