American Express Platinum card offers September 2024

Looking to travel and need a stash of flexible travel points to offset the cost of your trip? If that’s you or your business, you might consider getting a card that can add to your American Express Membership Rewards point balance, and both The Platinum Card? from American Express and The Business Platinum Card? from American Express * The information for the The Business Platinum Card? from American Express has been collected independently by CNN Underscored. The card details on this page have not been reviewed or provided by the card issuer. have lucrative welcome offers right now with nice chunks of bonus points.

New personal?Amex Platinum?card members can currently earn?80,000 Membership Rewards? points after you spend $8,000 on purchases within the first six months of account opening. Or, if you’re a small business, you can earn?Earn 150,000 points?after you spend $15,000 on the?Amex Business Platinum within the first three months of card membership.

Based on the point valuations of frequent flyer website The Points Guy, Amex Membership Rewards are worth 2 cents apiece, which makes the Amex Platinum bonus worth $1,600 and the Amex Business Platinum bonus worth $2,400 in travel.

Some people have been seeing even higher offers via referrals from friends and family, and the options vary depending on where you look. So you’ll want to do a little research to make sure you’re getting the best offer available before you apply.

VIP benefits on the Amex Platinum card

American Express recently revamped the benefits on the personal Amex Platinum card, adding several new perks but also raising the annual fee to $695 a year (see rates and fees). However, the new benefits include several new annual credits, so if you can use them, you can potentially offset the entire cost of the card each year.

Of course, the reason most people get an Amex Platinum card is for its elite travel benefits. Card members get access to more than 1,300 airport lounges worldwide, including the exclusive American Express Centurion Lounges, Delta Sky Club lounges (when flying Delta; this benefit is changing in 2024), Priority Pass Select lounges, Escape Lounges and more. Having lounge access while traveling can be an invaluable perk and potentially worth the annual fee alone, depending on how often you fly.

Also on the travel luxury side, the Amex Platinum gives you automatic Gold elite status with both Hilton and Marriott. Mid-tier status at these two brands can be quite significant, as you can receive perks such as free upgrades, late checkout and complimentary breakfast at participating properties. If you travel often, but not enough to earn status the hard way, this can definitely pay off.

When it comes to credits, the Amex Platinum still has all the ones it had before, including up to $200 in annual airline fee credits. At the beginning of each calendar year — or shortly after becoming a new card member — you’ll select an airline to serve as your qualifying airline for the year. You’ll then earn up to $200 in statement credits each calendar year for incidental fees with that airline. This credit can be used toward many fees, such as checked bags, change fees and inflight Wi-Fi, to name just a few.

The Amex Platinum also comes with up to $200 in annual Uber credits, which are doled out in $15 monthly increments (with a higher $35 in December) and can be used on Uber Eats orders as well as Uber rides. That makes it an easy-to-use perk even if you aren’t back on the road just yet since you can use them from home.

Speaking of being at home, the Amex Platinum includes several credits specifically designed to be used when you’re not traveling. They include up to $300 in annual Equinox credits that can help offset the cost of a gym membership or for the Equinox+ app, and up to $240 in annual digital entertainment credits that are portioned out in $20 monthly increments, which can be used to pay for subscriptions to Disney+, a Disney Bundle, ESPN+, Hulu, The New York Times, Peacock, and The Wall Street Journal (enrollment required).

Plus, you’ll still get up to $100 in statement credits each year with the Amex Platinum for purchases made at Saks Fifth Avenue. These Saks credits are split in two, with up to $50 available between January and June, and up to $50 between July and December.

Back on the travel front, the Amex Platinum includes an annual $199 statement credit for a CLEAR membership, which offers expedited security screening at select airports and stadiums across the country. And there’s also a $200 annual statement credit for prepaid bookings at Amex Fine Hotels + Resorts or The Hotel Collection properties made through American Express Travel (The Hotel Collection requires a minimum two-night stay).

As with many other American Express cards, you’ll also get extended warranty, purchase protection, trip cancellation and interruption insurance, trip delay insurance, car rental loss and damage insurance and now even cell phone insurance. Using a credit card with baked-in insurance like this one can help you out and save you money in the unfortunate event of damage/loss or travel issues.

Different credits on the Amex Business Platinum

The Amex Business Platinum has all the same lounge access and elite status benefits as the personal version of the card, but different annual credits and other perks, so it could be a better choice depending on your needs and spending habits. The annual fee on the Business Platinum is also $695 (see rates and fees).

With the Business Platinum, you’ll earn 5 points for every dollar you spend on flights and prepaid hotels booked through Amex Travel, 1 point per dollar on all other purchases and a 50% bonus on eligible purchases in key business categories and on purchases of $5,000 or more, up to $2 million in total purchases per calendar year. Since The Points Guy values Membership Rewards points at 2 cents each, this means purchases that earn 5x points can net you a 10% return, and non-bonus purchases earn a 2% to 3% return, depending on the price point.

You’ll get the same annual airline fee credits with the Business Platinum as you do with the personal version of the card, and you can get the new annual $199 Clear membership credit as well. But instead of the Saks Fifth Avenue credit, you’ll earn up to up to $400 in annual statement credits for U.S. purchases at Dell (split up into two halves of the year, like the Saks credit).

These credits are good for orders placed on Dell’s website, which carries many more items than you might initially think. From printers to speaker systems, this could be a great way to buy items for a home office if you work from home.

You won’t get either the Equinox or digital entertainment credits with the Business Platinum card, but you do get a 35% rebate when you redeem your points for flights on your selected airline booked via amextravel.com, or for first or business-class flights on any airline booked that way. That can be an easy way to redeem your Amex points without having to worry about award availability or transferring them to other airline or hotel programs.

Is an Amex Platinum card right for you?

There’s no way to sugarcoat it — the Amex Platinum and Amex Business Platinum cards are pricey. But they have significantly more benefits than you’ll see with many other cards. If the airline credits, lounge access and complimentary elite status are valuable to you, then these cards will pay for themselves. If you travel more for leisure, your business might find a better return with a less-expensive card, such as the Ink Business Preferred? Credit Card.

But with strong welcome offers and a lot of travel perks, getting either an Amex Platinum or Amex Business Platinum card is an easy way to increase your points balance and travel like a VIP with a single card.