American Express Platinum Review: Is It Worth In 2022?

Hey Sunshine,

Who doesn’t want to earn rewards while spending? Well, the American Express Platinum credit card comes with perk potential, top-notch benefits and a premium credit card across the globe. Yes, a card offering all services in one. American Express Platinum Credit card is highly known for its premium travelling and luxurious lifestyle.

If you are the one who is planning to get an excess of American Express Platinum card and want to be sure it is worth it or not? Let Mount Shine experts guide you to know everything about this Platinum credit card. Get to know how much credit score is required, how to apply, whether airport lounge access is there, flying rewards and much more.

Key Takeaways: American Express Platinum

American Express Platinum Credit card comes with several benefits. Following are some key takeaways from the Platinum card:

  • Earn 100,000 as welcome rewards after spending $6,000 in the first six months of the membership.
  • Get 5x membership points booking flights with airlines.
  • Get access to over 1,300 airport lounges globally.
  • Get reward credits while dining and staying in a fine hotel and resort.
  • Have luxurious benefits for travelling.
  • Get 3x membership points while flying.

Why Choose American Express Platinum in 2022: Key Features

American express platinum comes with many features which are appealing and comes with premium benefits. Let us get to know all the features and why to choose the American Express Platinum card in 2022:

American Express Platinum Features
American Express Platinum Features

Card Type

It is a premium card best for travellers.

Offers

You will earn a reward of 100,000 points after spending $6,000 on purchases in 6 months of credit card membership.

Rewards

  • You will get 5x Membership points on every flight booking with airlines, 
  • You will get 3x Membership points while making payments through American Express Platinum credit cards in other countries.
  • You can also choose to pay with reward points, and your reward points will never expire.
  • Hotel bookings in advance through American Express Travel get 5 points per $1.

Annual Charges

The only drawback here is that it is a bit expensive regarding its annual charges, which are $695 compared to others.

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What Are The Pros And Cons Of American Express Platinum?

While enjoying the credit card’s perks, there can be certain drawbacks too. So, let us now have a look at the pros and cons of the American Express Platinum credit card:

Pros And Cons Of American Express Platinum
Pros And Cons Of American Express Platinum

The Pros

  • You will get the Airport lounge access to over 1400 lounges around the globe.
  • Get High rewards while booking flights via the American Express Platinum card.
  • You can Enjoy luxury travel benefits with elite suites.
  • There will be Zero foreign transaction fees.
  • Your reward points will never expire.

The Cons

  • You need to maintain an excellent credit score of 690-850.
  • There will be a high fee of $695 per annum.
  • The cyber Credits are valid only in the U.S.
  • The Airline fee credits are not easy to use.

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Benefits Of The Platinum Card® from American Express

Most credit card holders get attracted by the return reward points they get after purchasing through their cards. Likewise, with The Platinum Card from American Express, you enjoy certain benefits and rewards which attract its users. So, let’s see what lucrative offers you can get using the American Express Platinum credit card.

Benefits Of American Express Platinum
Benefits Of American Express Platinum
  1. Earn 5x reward points on flights and hotel stays, 3x Membership points while making payments through American Express Platinum cards and get a reward of 100,000 points as a bonus after spending $6,000 on purchases in 6 months of credit card membership.
  2. Get automatic credits including $200 per annum for airline fees, $240 per annum for Digital Entertainment, $200 per annum for booking a hotel, $200 per annum for Uber ( valid in the U.S only ), $300 per annum for Equinox All Access, gym Memberships and much more.
  3. Get Airport Lounge access for the airport lounges worldwide, like Centurion Lounges and International American Express Lounges, Priority Pass Select, Delta Sky Clubs, Plaza Premium, and Airspace, with 1,300 plus lounges.
  4. Get Hotel benefits with an upgrade to Gold Elite Status and enjoy a luxury stay in Marriott, Hilton and other fine hotels and resorts.
  5. Also, get plenty of other benefits like phone protection, 24/7 services, special VIP access for events, pre-booking, enjoying fine dining, insurance against loss and damage of goods within 90 days during travelling and much more.
  6. The best and the immense benefit here is that your reward points never expire.

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American Express Platinum: Is It Right For You? Who Should Choose?

With luxurious benefits and fancy stays in five-star hotels, the American Express Platinum card is best for those who are frequent travellers. For Platinum cardholders, it provides excellent reward points that you can use to cover your high annual fees only if you maximise your travelling.

American Express Platinum Review
American Express Platinum Review

We highly recommend the American Express Platinum Credit card for those who occasionally fly and travel globally.

But if you are one of those who don’t travel occasionally, the annual charges of $695 might be a bit high for you. The reward points are only beneficial if you fly internationally more often.

So, if you did not travel more often, this card might not be for you.

Compare Platinum vs Sapphire Reserve

When talking about the American Express Platinum Credit Card vs The Chase Sapphire Reserve, both are lucrative regarding travelling.

Let us compare both and try to understand the two in more detail:

 American Express PlatinumThe Chase Sapphire Reserve
In terms of Welcome BonusYou earn 100,000 membership rewards points after spending $6,000 in the first six months of the membership.You earn 60,000 reward points after spending $4,000 in 3 months from the day you open your account.
In Terms Of CreditsYou get $200 per annum for the airline, $200 per annum hotel credit, $200 for Uber rides, $240 for Digital Entertainment credits, and much more.You can get easy-to-use $300 travel credits.
In Terms of Airport Lounge Access1,300 airport lounges worldwide.1,300 airport lounges worldwide.
In Terms of Rewards For SpendingYou can earn up to 5 reward points per dollar on flight purchases and 5x reward points on purchasing $500,000 or more.You can earn 5x reward points on flights, 10x on hotels, and 3x points on travel and dining.

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FAQs

Do you need a good credit score for an Amex platinum?

You need to maintain an excellent credit score of 690-850 which comes under the good FICO score.

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