The Platinum Card from American Express
- Annual fee
- $895
- Top rewards rate
- 5%on flights
- Annual credits
- $1,174see breakdown below
- Welcome bonus
- 175,000 points after $12,000 spend in 6 months
- Foreign transaction fee
- 0%
Much of the value here is in $1,174 of annual credits rather than the earn rate. Worth it only if you’d use them.
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Annual Credits
This card currently offers $1,174 in annual credits. What they're actually worth depends on how you spend, so run your own numbers in the calculator to see which ones you'd capture.
- $200 Airline fee credit requires enrollment or a specific merchant
- $600 Hotel credit (Fine Hotels + Resorts / The Hotel Collection) requires enrollment or a specific merchant
- $155 Walmart+ membership credit requires enrollment or a specific merchant
- $219 CLEAR Plus credit requires enrollment or a specific merchant
Credits are not factored into our rankings. Cards are ordered by rewards earned minus the full annual fee. We show credits separately so you can judge them against your own habits rather than taking an advertised total at face value.
Sign-Up Bonus
after spending $12,000 in the first 6 months
Rewards Breakdown
| Category | Rate | Details |
|---|---|---|
| Flights | 5% | Up to $500,000/year, then 1% |
| Hotels if you qualify | 5% | Earns 5% only on prepaid hotels booked through American Express Travel, Amex's own booking site. Hotels booked direct earn 1%. |
| All other purchases | 1% | Unlimited |
| Foreign Transaction Fee | None | Great for international purchases |
What that looks like
Spend $2,500 on flights and you earn 12,500 points, worth about $125 once redeemed. These points are worth a cent each, so 5X and 5% come out the same here. That is a property of this card, not a rule.
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See How Much You’d Earn
Enter your monthly spending to see how the The Platinum Card from American Express compares against other cards based on your actual habits.
See Your Estimated RewardsFrequently Asked Questions
What is the annual fee for the The Platinum Card from American Express?
The The Platinum Card from American Express has an annual fee of $895.
What is the sign-up bonus for the The Platinum Card from American Express?
New cardholders can earn 175,000 points after spending $12,000 in the first 6 months.
Does the The Platinum Card from American Express charge foreign transaction fees?
No, the The Platinum Card from American Express does not charge foreign transaction fees.
What categories earn bonus rewards with the The Platinum Card from American Express?
The The Platinum Card from American Express earns 5% on flights. It also advertises 5% on prepaid hotels through Amex Travel, but that rate applies only when you qualify, so it is excluded from our rankings.
These rankings are estimates based on published card terms. Actual rewards depend on your spending patterns, how you redeem, and whether your purchases qualify for bonus categories. Rates and terms may change, so verify current offers on the issuer’s site.