Which is better, FoundersCard or Amex Platinum?

The most prestigious American Express card is the Centurion® Card from American Express. You need an invitation to get it, unfortunately. You can also request a Centurion® Card from American Express invitation online. While Amex doesn’t disclose the requirements, online reports say you have to spend at least $100,000 a year on an Amex card to merit consideration. The Centurion® Card from American Express also has a $10,000 initiation fee and a $5000 annual fee. Cardholders get access to Centurion Lounges, hotel benefits, a … read full answerpersonal concierge, and more. They also earn 1 point per $1 spent on all purchases.

The Platinum Card® from American Express is also among the most prestigious American Express cards. It offers new cardholders 100,000 points for spending $6,000 in the first 6 months. And it makes for a great travel companion that earns 10 points per $1 spent at restaurants and Shop Small merchants in the U.S. during the first 6 months (up to $25,000 spent), 5 points per $1 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 through Amex, and 1 point per $1 on all other purchases. Among its many perks, it also offers concierge service and access to a host of worldwide airport lounges. And it charges a $695 annual fee, which makes it significantly more affordable than the Centurion® Card from American Express.

Keep in mind that the best American Express cards aren’t necessarily the most prestigious ones. Amex has a range of offerings with rewards for various spending habits. If exclusivity isn’t a top priority, it’s best to pick a card that best fits your needs.

Yes, the American Express Platinum card does offer a 100k bonus if you spend $6,000 in the first 6 months. Amex may also send you this offer if your credit profile is a good fit for the card. If you receive this type of offer and are approved for the American Express Platinum card, you must spend only $5,000 within 3 months from the date the account is approved in order to earn the 100k bonus.… read full answer

Even though the American Express Platinum card 100k bonus for spending $5,000 within 3 months isn’t available to everyone, the American Express Platinum card’s regular bonus of 100,000 points for spending $6,000 in the first 6 months is still a pretty good deal if you qualify. The points are worth enough to offset the cost of the American Express Platinum card’s hefty $695 annual fee, at least for the first year.

Once you’ve met the spending requirement for the American Express Platinum card’s bonus, which is $6,000 in the first 6 months either way, the points will post to your account within 8-12 weeks.