Maria Adams, Credit Cards Moderator
@m_adams
The Platinum Card® offers 1 - 5 points per $1 spent, depending on the type of purchase. More specifically, with this card you can earn 5 points per $1 spent on flights booked with airlines or with American Express Travel® (up to $500,000 spent per year), 5 points per $1 spent on prepaid hotels booked with American Express Travel®, and 1 point per $1 spent on all other eligible purchases.
In addition to these ongoing rewards, you may be eligible to earn as high as 175,000 points for spending $8,000 on eligible purchases within the first 6 months (welcome offers vary and you may not be eligible for an offer; apply and, if approved, find out your offer amount and accept the card with your offer, spend $8,000 in 6 months, and receive the points). Charges for travelers’ checks, prepaid cards, gift cards, cash equivalents such as lottery tickets, fees, and interest do not earn points.
Things to know about the Platinum Card® points
- The Platinum Card® points are worth up to 1 cent each when redeemed for airfare or stays at Fine Hotels + Resorts® properties booked through the American Express Travel portal.
- Points used for most other forms of travel are worth up to 0.7 cents each.
- In addition, points are usually worth up to 1 cent each toward most gift cards, depending on the merchant. Plus, points are worth up to 0.6 cents toward statement credits or up to 0.7 cents when using the Pay with Points feature for purchases at major retailers, like Amazon or Best Buy.
Just remember that Platinum Card® point values are subject to change. Visit the Membership Rewards® Points calculator website for current point values and other redemption options. The Platinum Card® points do not expire as long as your account is open and in good standing. Points are forfeited when closing an account, so make sure to redeem them before that.
WalletHub estimated the value of American Express Membership Rewards points by comparing the dollar value of various redemption options to the number of points required. These values are approximate and intended for illustrative purposes only. Actual point values may vary based on redemption method and individual usage. The estimates provided do not represent fixed or guaranteed values and may differ from the experience of typical cardholders.
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People also ask
How do I earn and redeem American Express Platinum Card® points?
You can earn and redeem Platinum Card® points by using this card for purchases. With your Platinum Card®, you’ll earn 1 - 5 points per $1 spent on purchases. To qualify for this card’s 5 points / $1 rewards rate you should book your flights directly through the airline’s website or through American Express Travel® (up to $500,000 spent per year), and hotels must be booked through American Express Travel®.
In addition, you may be eligible to earn as high as 175,000 points for spending $8,000 on eligible purchases within the first 6 months (welcome offers vary and you may not be eligible for an offer; apply and, if approved, find out your offer amount and accept the card with your offer, spend $8,000 in 6 months, and receive the points).
Here’s how to redeem Platinum Card® points:
... read full answer by Clark Newton, WalletHub Credit Card AnalystHow do I get my American Express Platinum annual fee waived?
You might get your Platinum Card® annual fee waived if you call customer service at (800) 452-3945 and mention that you’re considering closing the account due to the cost, though it’s not guaranteed to work. If you want a fee waiver due to hardship, consider applying for the Amex financial relief program.
You can also get the $895 annual fee waived on the Morgan Stanley version of the Platinum Card® if you have a Morgan Stanley Platinum CashPlus...
read full answer by Scott Russell, MemberIs the American Express Platinum Card® worth the annual fee?
Yes, the Platinum Card® is worth its $895 annual fee if you qualify for its welcome bonus offer and take full advantage of benefits such as airport lounge access and airline fee credits. With the ability to earn rewards on everyday purchases and the luxury perks, it can provide significant value for those who travel frequently or prioritize premium experiences.
Platinum Card® Benefits
Welcome Bonus:
You may be eligible to earn as high as 175,000 points for spending $8,000 on eligible purchases within the first 6 months (welcome offers vary and you may not be eligible for an offer; apply and, if approved, find out your offer amount and accept the card with your offer, spend $8,000 in 6 months, and receive the points).
Statement...
read full answer by Lisa Cahill, Credit Cards ModeratorDid we answer your question?
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