Amex Platinum vs.
Citi Prestige

The best American Express Platinum card benefits are baggage insurance and return protection. This card also offers extended warranty and purchase protection, which are more common perks across American Express cards.

The best American Express Platinum card benefits:

• Baggage insurance*
• Return protection*
• Extended warranty*
• Purchase protection*
• Lowest hotel rates guarantee
• Instant card numbers
• Rental car insurance*
• Airport lounge access
• Air travel fees reimbursement
• Statement credits for eligible hotel bookings

In addition to these benefits, the American Express Platinum card comes with a $895 annual fee and offers rewards on all purchases. If you have good credit, the American Express Platinum card is certainly a card to consider adding to your wallet.

*Eligibility and benefit level varies by card. Terms, conditions and limitations apply. Please visit americanexpress.com/benefitsguide for more details. Car Rental Loss & Damage Insurance, Extended Warranty and Baggage Insurance Plan are underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc. 

The Citi Prestige card 4th night free benefit gives cardholders a free night when booking a hotel room for at least 4 consecutive nights through thankyou.com or over the phone at (800) 842-6596. You must pre-pay your reservation to qualify for the benefit. The cost of the 4th night is subtracted from the total amount due when you make your reservation, before you enter your payment information at thankyou.com.

Keep in mind, though, that the Citi Prestige...

It is hard to get the American Express Platinum card because you need a good to excellent credit score of 700+ and a high income to qualify for approval. The Platinum Card® from American Express is one of the more difficult cards to get because of its requirements.

What Makes the American Express Platinum card Hard to Get?

You Will Need Good to Excellent Credit

You'll need a credit score of at least 700 to have a good...

The Citi Prestige sign up bonus right now is 50,000 points after spending $4,000 in the first 3 months. Cardholders can redeem Citi Prestige points for travel, gift cards, statement credits and more.

The Citi Prestige sign up bonus is only available to new cardholders. If you've received a sign up bonus from the Citi Rewards+® Card, Citi ThankYou® Preferred Card, or Citi Prestige card in the last 24 months, you're not eligible to receive the sign up bonus. You also won't be eligible if you've closed any of those cards in...

The Platinum Card® from American Express travel insurance covers lost does have travel insurance benefits, the best of which are trip cancellation and interruption insurance and car rental loss and damage insurance. To be eligible to file a travel insurance claim, you'll need to pay for your travel using your American Express Platinum card.

Types of American Express Platinum card Travel Insurance

• Trip delay insurance: This benefit reimburses you for necessary expenses - such as a hotel...

To use the American Express Platinum card airline credit, start by selecting the airline you want the credit to apply to. Then, use your card to make a purchase from your chosen airline, and Amex will automatically pay you back up to $200 of the charge.

The American Express Platinum card airline credit applies to incidental fees charged for things like checked baggage, date changes, pet travel, in-flight purchases and more. It does not apply to the base fare or...

The American Express Platinum card annual fee is $895. American Express Platinum card's $895 annual fee is higher than the average annual fee among new credit card offers right now. It's not the only fee you need to worry about with The Platinum Card® from American Express, either.

American Express Platinum card Fees

• Annual Fee: $895
• Cash Advance Fee: 5% (min $10)
• Foreign Fee: 0%
• Max Late Fee: $40

To learn more, refer to WalletHub's guide on credit card fees.

No, there are no recent Citi Prestige card changes. It is worth mentioning that this card has been discontinued for new applicants in the summer of 2021. Existing cardholders can still benefit from their cards, though.

Citi Prestige was designed as an exclusive travel credit card for customers with excellent credit (a credit score of 750+). In exchange for a hefty $495 annual fee, cardholders got extensive travel related rewards and perks.

Alternative Credit Card...

Yes, the American Express 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.

American Express 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...

The minimum requirements for the American Express Platinum card typically include being at least 18 years old, having a good credit score or better, and earning enough income to afford monthly bill payments. You also need to have a Social Security number or International Tax Identification Number.

Minimum American Express Platinum card Requirements

• Enough income to make the monthly minimum payment
• Good credit or better
• 18+ years old
• Social Security number or International Tax Identification...