What does the new American Express Platinum card have to offer?

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.

Yes, the American Express Platinum card is hard to get approved for. It will be difficult for the average person to get the American Express Platinum card because of the card’s 700+ credit score and reportedly high income requirements.

Another reason why the American Express Platinum card may be hard to get is because of the card’s daunting $695 annual fee. However, if you are a big spender and are able to take advantage of the card’s substantial rewards and benefits, American Express Platinum card can be absolutely worth it.… read full answer

American Express Platinum card isn’t the hardest Amex card to get, though. Its requirements are far more lenient than those of the Centurion® Card from American Express. It is an invitation-only card that reportedly requires you to spend hundreds of thousands of dollars per year on another Amex card and have a 7 figure annual income to qualify.

American Express Platinum does not offer priority boarding. Priority boarding is a benefit that allows cardholders to get to their seat sooner than general boarding groups. The only American Express cards that offer priority boarding are Delta SkyMiles Platinum, SkyMiles Gold, and SkyMiles Reserve. The priority boarding status will be noted on your boarding pass if the ticket was purchased with an eligible SkyMiles card. The benefit is valid only for flights on Delta and Delta-affiliated airlines.… read full answer

While you can’t get priority boarding with Amex Platinum, the card offers numerous other airline-friendly perks. Those include 5 points per $1 spent on airfare booked directly with the airline or through the Amex Travel website, an annual $200 airline fee credit, and complimentary lounge access at more than 1,200 locations worldwide.