- The Platinum Card® from American Express offers a ton of value from its welcome bonus and benefits.
- Some of these perks and credits require activation before you can use them — they aren't automatic.
- Read Business Insider's guide to the best travel rewards credit cards.
Introduction to American Express premium benefits
The Platinum Card® from American Express has one of the highest annual fees of any publicly available consumer card: $695 (rates and fees). However, the card's perks can more than outweigh the annual cost for the right cardholder. Some benefits automatically come with the card, while other perks require enrollment before you can access their value.
Activating your Amex Platinum benefits
$695
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Earn 80,000 Membership Rewards® points
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- Long list of travel benefits, including airport lounge access and complimentary elite status with Hilton and Marriott (enrollment required)
- Statement credits with Saks and Uber (enrollment required)
- Bonus categories leave something to be desired
- One of the highest annual fees among premium travel cards
If you want as many premium travel perks as possible, The Platinum Card® from American Express could be the right card for you. The annual fee is high, but you get a long list of benefits such as airport lounge access, travel statement credits, and more.
Amex Platinum Card- Earn 80,000 Membership Rewards® Points after you spend $8,000 on eligible purchases on your new Card in your first 6 months of Card Membership.
- Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year and earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel.
- $200 Hotel Credit: Get up to $200 back in statement credits each year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings through American Express Travel using your Platinum Card®. The Hotel Collection requires a minimum two-night stay.
- $240 Digital Entertainment Credit: Get up to $20 back in statement credits each month on eligible purchases made with your Platinum Card® on one or more of the following: Disney+, a Disney Bundle, ESPN+, Hulu, The New York Times, Peacock, and The Wall Street Journal. Enrollment required.
- With American Express Global Lounge Collection® you can enjoy access to over 1,400 airport lounges globally, including The Centurion® Lounge, Unlimited Delta Sky Club® Access when flying an eligible Delta flight, Escape Lounges, Lufthansa Lounges when flying Lufthansa Group, Plaza Premium, Priority Pass™ Select Lounges, & Additional Global Lounge Collection Partner Lounges subject to visit limitations. Lounges may have their own rules, like additional access rules and guest fees, and for Priority Pass Select, you need to enroll and there are unlimited airport lounge visits for Card Members. With Delta Sky Club Access, Card Members will receive 10 Visits to the Delta Sky Club to be used from February 1 until January 31 of the next calendar year and can unlock Unlimited Delta Sky Club Access by spending $75,000 in eligible purchases on their Card in a calendar year. To find a lounge, visit the membership section in the American Express® App or visit http://www.americanexpress.com/findalounge#/loungefinder.
- $155 Walmart+ Credit: Save on eligible delivery fees, shipping, and more with a Walmart+ membership. Use your Platinum Card® to pay for a monthly Walmart+ membership and get up to $12.95 plus applicable taxes back on one membership (excluding Plus Ups) each month.
- $200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees are charged by the airline to your Platinum Card®.
- $200 Uber Cash: Platinum Card® Members can ride or dine in style with $15 in Uber Cash each month, plus a bonus $20 in December after adding their Card to their Uber account. Use your Uber Cash on rides and orders in the U.S. when you select an Amex Card for your transaction.
- $199 CLEAR® Plus Credit: CLEAR® Plus helps to get you to your gate faster at 50+ airports nationwide and get up to $199 back per calendar year on your Membership (subject to auto-renewal) when you use your Card. CLEARLanes are available at 100+ airports, stadiums, and entertainment venues.
- Receive either a $120 statement credit every 4 years for a Global Entry application fee or a statement credit up to $85 every 4.5 years for a TSA PreCheck® (through a TSA official enrollment provider) application fee, when charged to your Platinum Card®. Card Members approved for Global Entry will also receive access to TSA PreCheck at no additional cost.
- Shop Saks with Platinum: Get up to $100 in statement credits annually for purchases in Saks Fifth Avenue stores or at saks.com on your Platinum Card®. That's up to $50 in statement credits semi-annually. Enrollment required.
- Unlock access to exclusive reservations and special dining experiences with Global Dining Access by Resy when you add your Platinum Card® to your Resy profile.
- $695 annual fee.
- Apply with confidence. Know if you're approved for a Card with no impact to your credit score. If you're approved and you choose to accept this Card, your credit score may be impacted.
- Terms Apply.
Some of the Amex Platinum's best benefits must be activated before you can use them. To ensure you don't miss out, here's what you should do as soon as you get your card to make the most of it.
Designate an airline for your $200 incidental fee credit
One of the biggest perks of the Amex Platinum Card is a yearly airline incidental fee credit. Every calendar year, you can designate a single airline on which you can get up to $200 in fees reimbursed as a statement credit when you use your card for the purchase after enrollment. Terms apply.
While the fee credit doesn't include airfare, it covers incidental expenses like checked bags, flight-change fees, inflight food and drinks, fees for traveling with a pet, lounge day passes (for lounges you don't already have access to), or seat assignments and extra legroom upgrade fees.
You can take advantage of this benefit twice in your first year of card ownership because you get the $200 airline credit once per calendar year instead of on a rolling basis calculated from your cardholder anniversary. For example:
- If you open the card in August, you can earn the full $200 credit before the end of 2025
- The credit resets on January 1, 2026, so you will have another $200 at your disposal
This means you can get up to $400 in value from this credit in your first year.
How to enroll in the $200 airline incidental fee credit
To designate your airline, call the number on the back of your card or log in to your online account. If you're not sure which airline to choose because you don't have travel plans yet, you can make the selection when you're ready. Terms apply.
Once you've made your choice, you can change it online or by phone each January; after January 31, you're locked in with that airline until the end of the year.
Add your Amex Platinum card to your Uber account
The Amex Platinum Card offers cardholders up to $200 in Uber Cash credits each calendar year. If you don't take Uber rides, don't worry — you can still use the credit toward Uber Eats food delivery and takeout. Terms apply.
The Amex Uber credit is broken into monthly chunks. At the start of each month, you'll get $15 of credits added to your Uber account, with a $20 bonus each December (for a total of $35). Additionally, your account will be upgraded to Uber VIP status, which comes with a few perks, like the option to only request rides from top-rated drivers.
How to activate your Uber credits
To get this credit, just add your new Amex Platinum Card to your Uber account as a payment method and select it for your Uber or Uber Eats transaction.
Enroll in Priority Pass lounge membership
The Amex Platinum Card offers the most comprehensive airport lounge access of any card on the market. It offers access to more than 1,500 lounges in the Priority Pass lounge network alone, as well as to Amex Centurion Lounges and Delta SkyClubs on eligible flights. Terms apply.
But you won't automatically have access to these lounges just by holding the card: You'll have to sign up for Priority Pass membership.
How to activate your Priority Pass membership
You can do so by logging into your Amex cardholder account online, navigating to your card's account summary from the top right corner, then clicking on "Benefits and Awards." From that page, scroll down to "The American Express Global Lounge Collection" and click the button to begin enrollment.
Alternatively, you can call the number on the back of your card to activate your Priority Pass lounge benefits.
Enroll your Amex Platinum for up to $100 each year in Saks credits
The Amex Platinum Saks credit is split into two chunks: You'll get up to $50 in statement credits between January and June, and another $50 from July through December when you use your card at Saks Fifth Avenue. Terms apply.
While items from Saks can be expensive, there are plenty of lower-priced items available, especially during sales and online shopping season. It's a perfect opportunity to splurge on a luxurious treat you might not otherwise consider.
How to activate your Saks credit
This perk also requires activation. To do so, sign in to your Amex account, click on the "Benefits" tab, and scroll down to find the credit listed. Click "Enroll," and you're all set going forward — you don't need to re-enroll to get the credit each time.
Enroll your card for up to $240 in digital entertainment credit
Another newer perk on the Amex Platinum Card is up to $240 annually in digital entertainment credits, doled out in chunks of up to $20 a month. Terms apply.
Eligible digital subscription services (and current pricing) include:
- Hulu — $7.99 per month for the standard version, $17.99 for ad-free plan, $76.99 for Hulu + Live TV and ESPN+ with adds, $89.99 for Hulu + Live TV and Disney+ with no ads and ESPN+ with adds, $14.99 for Hulu bundled with Disney+ and ESPN+, $24.99 for Hulu with no ads bundled with Disney+ and ESPN+, $81.99 per month for Hulu with no ads + Live TV bundled with Disney+ and ESPN+
- Disney+ — $7.99 per month, $13.99 per month for Disney+ Premium (no ads), $14.99 per month bundled with Hulu and ESPN+, $24.99 per month bundled with Hulu (no ads) and ESPN+
- ESPN+ — $10.99 per month
- Peacock — $5.99 per month for Premium
- The New York Times — $4 every four weeks for six weeks (then $25 every four weeks)
- The Wall Street Journal — $2 every four weeks for one year, then $9.75 per week
How to activate up to $240 in digital entertainment credit
You need to enroll before using this perk by calling the number on the back of your card or activating the benefits through your online Amex account. Terms apply.
Once you've activated the benefit, use your Amex Platinum Card to pay your monthly bill, and the statement credit will automatically be reflected on each card balance.
Enroll in Walmart+
The Amex Platinum Card reimburses you for Walmart's subscription service, Walmart Plus, in the form of a statement credit after enrollment ($12.95 plus applicable sales tax each month). To be clear, this credit is only beneficial for a Walmart+ monthly membership — not an annual one. Terms apply.
Walmart+ comes with perks such as:
- Free delivery
- Free shipping (with no minimums)
- Gas discounts
- Pharmacy discounts
How to activate your Walmart+ benefit
To take advantage of this credit, sign up for a Walmart+ subscription and charge the monthly fees on your Platinum card.
Enroll in complimentary Paramount+ access
Another benefit of Walmart+ is a free Paramount Plus Essential subscription after enrollment. While this ad-supported version costs a mere $5.99 per month, it's still an easy way to save $50+ each year if you normally pay for the Paramount streaming service. Paramount comes with access to programming from Nickelodeon, Comedy Central, MTV, CBS, and more. Terms apply.
How to activate free Paramount access
Within your Walmart+ account, you'll see the option to subscribe to Paramount Plus Essential for free.
Sign up for Marriott Bonvoy and Hilton Honors Gold elite status
Getting complimentary Marriott and Hilton hotel elite status from the Amex Platinum Card is an excellent perk that offers real value (enrollment required), especially if you don't stay at one chain often enough to qualify for the mid-tier Gold level status. Terms apply.
Elite status perks vary between brands and each individual hotel, but typically include things like early check-in and late checkout, a better chance at room upgrades, bonus points on stays, and, in Hilton's case, free breakfast (or a dining credit) — which can add up to hundreds in savings if you're a frequent guest.
Note that you can also get complimentary Hilton status with the best Hilton credit cards, and Marriott elite status with some Marriott credit cards. Depending on which card you have, the elite status you get from one of these cards can be much more valuable than what you'll get from the Amex Platinum Card.
How to activate Marriott Bonvoy Gold and Hilton Honors Gold elite status
Before you enroll, make sure you've signed up for loyalty accounts with each of the hotel brands. Then, either call the number on the back of your Amex Platinum Card, or log in to your Amex online account to get enrolled. Enter your Marriott and Hilton account numbers to request Gold status — it typically takes a day or two for it to show up in your accounts. Terms apply.
Check out Fine Hotels & Resorts and The Hotel Collection for your $200 credit
The Amex Platinum Card offers up to $200 in annual credit toward prepaid The Hotel Collection (THC, minimum two-night stay) and Fine Hotels & Resorts (FHR) bookings made through Amex Travel. Terms apply.
There are around 1,800 properties between Amex Fine Hotels & Resorts and The Hotel Collection, although this curated list changes each year as new properties are added and dropped.
How to earn your $200 FHR and THC credit
To get up to $200 back on each hotel booking through FHR and THC, just use your Amex Platinum Card to prepay for your hotel stay. You'll get exclusive perks at the hotel, which can include room upgrades, early check-in, late checkout, complimentary breakfast, and an on-property credit to use on dining or spa services. Terms apply.
Sign Up for CLEAR Plus and use up to $199 in credit
CLEAR® Plus is an expedited airport security program, similar to TSA PreCheck®, but it's also available for fast-track access at select stadiums.
The CLEAR® credit on the Amex Platinum Card will reimburse you for the $199 annual membership fee. Keep in mind that CLEAR Plus isn't available at as many airports as TSA PreCheck®, and you'll still have to remove items like your laptop and shoes before getting screened.
How to activate your CLEAR Plus credit
To activate this benefit, simply sign up for CLEAR® Plus at any participating checkpoint and pay for your membership using your Platinum card. The credit will automatically appear on your monthly statement.
Activate up to $300 in Equinox credits
The Amex Platinum Card has added up to $300 per year in credit towards any gym membership with Equinox, including digital subscriptions for fitness classes through the Equinox+ app. Terms apply.
This could be a valuable benefit if you live in a city with Equinox locations, or if you're a fan of the fitness app. Just keep in mind that Equinox memberships are not cheap. For example, with a 12-month commitment, you'd pay $240 per month for membership at the Rockefeller Center location, and $275 per month if you want access to all US clubs.
How to earn up to $300 in Equinox credits
Activate this benefit by calling Amex or logging on to your account to enroll in the Equinox benefit, then use your card to pay your monthly membership charge.
Enroll your Amex Platinum for rental car elite benefits
In addition to hotel status, you can get elite status with several car rental agencies. When you get your Amex Platinum Card, log in online and request Avis Preferred, Hertz President's Circle Status, and National Car Rental Emerald Club Executive status — you'll just need to create accounts with those providers first. Terms apply.
Benefits include car upgrades, guaranteed availability, and waived fees for additional drivers.
How to activate rental car elite status benefits
Log into your Amex card account, then link your Avis, Hertz, or National accounts through the benefits page for a status upgrade.
Use your Amex Platinum to apply for Global Entry or TSA PreCheck®
If you don't have Global Entry and TSA PreCheck®, you're missing out on one of the most valuable, time-saving tools frequent travelers swear by.
TSA PreCheck® is a program that offers expedited security screening at airports. Instead of having to take off their shoes and light jacket, unpack laptops, tablets, and liquids from their hand luggage, and go through slow full-body scanners that create a bottleneck at the security checkpoint, PreCheck members can just put their bags through the x-ray machine, empty their pockets, and walk through a metal detector. It's a faster, easier process, and typically leads to shorter and quicker lines.
You can pay an application fee for PreCheck, or you can pay extra to apply for Global Entry, which, if you're approved, includes PreCheck. Global Entry lets you use self-service kiosks at passport control and customs when you return from abroad, skipping the long, snaking lines that typically form in the border control halls.
The Platinum Card offers a statement credit to cover either program's application fee, $120 statement credit every 4 years for a Global Entry application fee or up to $85 statement credit every 4.5 years for TSA PreCheck®.
How to receive credit for your Global Entry or TSA PreCheck® application
To get the credit, fill out the relevant program application online and pay for the service with your Amex Platinum Card. If you already have Global Entry or TSA PreCheck®, you can use the credit to cover the application cost for someone else — just use your card to pay at checkout. Terms apply.
Sign up for ShopRunner to get free two-day shipping
The Amex Platinum Card comes with a free ShopRunner membership, which normally costs $79 a year, and offers free two-day shipping and returns from hundreds of participating retailers. Enrollment is required, and terms apply.
How to activate free ShopRunner
To sign up, visit ShopRunner's American Express website, enter your email and card number, and follow the prompts.
Bottom line
The Platinum Card® from American Express comes with potentially thousands of dollars in statement credits and benefits each year. Some of them must be activated, however — and others require that you at least use the Amex Platinum Card to trigger the credits. Terms apply.
If you don't know all the discounts that come with this card, you could unwittingly waste hundreds of dollars in value each year. Use the above checklist when you receive your Amex Platinum Card to maximize its benefits.
American Express premium benefits frequently asked questions
What travel benefits does the Amex Platinum offer?
Benefits include annual travel credits, complimentary access to over 1,400 airport lounges worldwide through the Global Lounge Collection (access is limited to eligible Card Members), elite status with select hotel and car rental programs, and no foreign transaction fees.
How can I maximize my Membership Rewards points?
Maximize points by leveraging 5x points on flights booked directly with airlines or with American Express Travel, and on prepaid hotels booked on amextravel.com.
What lifestyle perks come with the Amex Platinum?
Perks include dining credits at select restaurants, exclusive access to events and experiences, and memberships to premium digital entertainment services.
Are there any annual credits available with the Amex Platinum?
Yes, cardholders receive annual statement credits for airline fees, Uber rides, and Saks Fifth Avenue purchases, among others.
How does the Platinum Card's purchase protection work?
The card offers protection against damage or theft for purchases made with the card, including an extended warranty and return protection on eligible items.
For rates and fees of The Platinum Card® from American Express, please click here.
Editorial Note: Any opinions, analyses, reviews, or recommendations expressed in this article are the author’s alone, and have not been reviewed, approved, or otherwise endorsed by any card issuer. Read our editorial standards.
Please note: While the offers mentioned above are accurate at the time of publication, they're subject to change at any time and may have changed, or may no longer be available.
**Enrollment required.
Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Trip Delay Insurance, Trip Cancellation and Interruption Insurance, and Cell Phone Protection Underwritten by New Hampshire Insurance Company, an AIG Company. Global Assist Hotline Card Members are responsible for the costs charged by third-party service providers. If approved and coordinated by Premium Global Assist Hotline, emergency medical transportation assistance may be provided at no cost. In any other circumstance, Card Members may be responsible for the costs charged by third-party service providers. Extended Warranty, Purchase Protection, and Baggage Insurance Plan Underwritten by AMEX Assurance Company. Car Rental Loss & Damage Insurance Underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.
