This content is not provided or commissioned by any issuer. Opinions expressed here are the author’s alone, not those of an issuer, and have not been reviewed, approved or otherwise endorsed by an issuer.
When you compare the American Express® Gold Card and The Platinum Card® from American Express, the American Express Platinum card is the winner. While it’s a more expensive choice, the American Express Platinum card provides frequent travelers with a lot more value.
For example, the American Express Platinum card offers a bonus of 75,000 points for spending $5,000 in the first 6 months, as well as a solid regular rewards rate. It also offers supplemental benefits like airport lounge access and various types of statement credits.
SIDE BY SIDE COMPARISON
|Network||American Express||American Express|
|Credit Card Company||American Express||American Express|
|Min Credit Required||Excellent or Good||Excellent or Good|
|Intro APR Period||N/A||N/A|
|Regular APR||See Pay Over Time APR||See Pay Over Time APR|
|Intro APR Period||N/A||N/A|
|Reward Bonus||75,000 points||60,000 points|
|Max Late Fee||$40||$40|
|Max Overlimit Fee||Not Applicable||Not Applicable|
|Max Default APR||See Rates & Fees||See Rates & Fees|
|Cash APR||25.24% (V)||25.24% (V)|
|Cash Advance Fee||5% (min $10)||5% (min $10)|
|One-time Setup Fees||None||None|
|Foreign Transaction Fee||0%||0%|
|Grace Period||25 days||25 days|
We work hard to present you with the most accurate credit card information, however, this information does not originate from us and thus, we do not guarantee the accuracy of the information.
Before you apply for a credit card we recommend that you review and verify the credit card terms and conditions on the credit card company's web site. Please let us know if you find any differences.
Ad Disclosure: Certain offers originate from paying advertisers, and this will be noted on a card's details page using the designation "Sponsored Card", 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 list as many credit card offers as possible and currently have more than 1,200 offers, but we do not make any representation of listing all available offers.
AMEX GOLD VS PLATINUM: INITIAL BONUS
Both cards have come with a nice initial bonus. With the Platinum Card, you earn 75,000 points (worth about $578) for spending $5,000 in the first 6 months your account is open. With the Gold Card, you earn 60,000 points for spending $4,000 in the first 6 months – for a total value of up to $462.
Both cards provide other bonuses, too. But Amex Platinum also has an advantage in that regard.
Amex Platinum gives up to $200 per year in statement credits for Uber rides (up to $15 per month; $20 in December) when you add the card in your Uber account. Platinum also provides statement credits up to $200 per year for fees on a pre-chosen airline and up to $100 per year for purchases at Saks Fifth Avenue (enrollment required). And Amex Platinum gets you in to airport lounges around the world with membership in the Global Lounge Collection. Plus, during the first 6 months after opening an account, you can earn 10 points per $1 spent at U.S. gas stations and U.S. supermarkets (on up to $15,000 in combined purchases).
Amex Gold doesn’t quite measure up. Gold provides statement credits up to $120 per year for dining at restaurants partnered with Amex (enrollment required) and up to $120 in Uber Cash per year for Uber Eats orders or Uber rides in the U.S. (by adding your card to your Uber account).
Category Winner: Amex Platinum
AMEX GOLD VS PLATINUM: ONGOING REWARDS
Amex Platinum has a higher maximum earning rate and better travel rewards. But Amex Gold provides more everyday value. So we’ll call this category a tie. It really depends on your spending habits.
Category Winner: Tie
AMEX GOLD VS PLATINUM: FEES
Which would you rather have: Amex Gold for two years or Amex Platinum for one? That’s basically what it comes down to. Because at $550, a single Amex Platinum annual fee would cover Amex Gold’s first two yearly membership fees (at $250 a pop) – and then some.
Neither Amex Gold nor Amex Platinum has a foreign transaction fee. So Amex Gold is the clear winner in this category.
Category Winner: Amex Gold
STILL NOT SURE?
If you'd like to compare more offers before making your final credit card choice, be sure to check out the following reviews and info.