The Platinum Card Review From American Express

American Express Platinum Card®, one of our favorite cards here at ChooseFI, has leveled up by adding even more benefits and rewards to its already stacked deck. So, let's take a look at precisely what this card has to offer and what you can do to make the most of it all.

Who Should Get American Express Platinum Card®

You should consider applying for American Express Platinum Card® if you plan to travel quite a bit and want significant travel rewards from your credit card or you want a card that fits your other (the new perks) needs above. The annual fee is $895 (see Rates and Fees), so you want to ensure that you get all your money's worth by taking advantage of as many of the new perks and rewards as you can.

American Express Platinum Card®

<strong>Benefits include:</strong> </p><p> <ul> <li>As High As 175,000 points. Find Out Your Offer. You may be eligible for as high as 175,000 Membership Rewards® Points after spending $12,000 in eligible purchases on your new Card in your first 6 months of Membership. Welcome offers vary and you may not be eligible for an offer. Apply and find out your welcome offer.</li> <li>$200 annual incidental fee credit on selected airline*</li> <li>5 Membership Rewards points earned per dollar spent on flights and prepaid hotel bookings through American Express Travel(R) or directly from the airlines (up to $500,000 on these purchases per calendar year)</li> <li>Access to the Global Lounge Collection*</li> <li>Many additional credits and benefits available, so check them all out</li> <li>$895 annual fee</li> <li>Terms Apply</li> </ul> </p><p> * Enrollment is required for select benefits

American Express Platinum Card® in Action

Here at ChooseFI, we only back credit cards that we use ourselves. So we asked one of our well-traveled team members (who has regularly used this card for the past decade) to tell us about his overall experience. Here is what they said:

"We've been using the American Express Platinum Card® for at least ten years now. We could say so many awesome things about having it, but honestly - to us - the travel rewards bonus points are simply unbeatable. We may travel quite a bit more than the average family, but it really pays off for us. So I would imagine even moderate travel, along with the other perks American Express has thrown in this year, would be worth it.

We're a bit spoiled; I guess you could say with the TSA precheck because we've had the card for so long - but that's a big bonus, especially when traveling with kids. We don't have a CLEAR nearby (the airport biometric bonus on the American Express Platinum Card®), so I can't speak to that. But my friends say it's worth it."

The Bottom Line

If you love credit card rewards as much as we do, American Express Platinum Card® is definitely a card you want to have in your wallet when you're traveling. Yes, you'll need to spend a lot during the year to get the value out of the annual fee. But, if you already do this, American Express Platinum Card® is an absolute must-have.