American Express
The Platinum Card from American Express
4.9/5
American ExpressExcellent creditAnnual Fee
$895/yr
Point Value
2¢/pt
FX Fees
None
Current Signup Bonus
Up to 175,000 Membership Rewards points after spending $12,000 in the first 6 months
~$3,500 value
Apply NowEarning Rates
5x5x on flights booked directly or via Amex Travel
5x5x on prepaid hotels via Amex Travel
1x1x on everything else
Pros & Cons
Pros
- Massive 150,000 point signup bonus
- Centurion Lounge access
- Priority Pass lounge access
- $200 airline fee credit
- $200 hotel credit (FHR/THC)
- Global Entry/TSA PreCheck credit
- Best premium travel card overall
Cons
- $895 annual fee — highest on this list
- Only 1x on most non-travel spending
- Credits spread across many categories
- Requires significant effort to maximize
Key Benefits & Perks
Centurion Lounge access
Priority Pass Select
$200 airline fee credit
$200 hotel credit
$155 Walmart+ credit
$200 Uber Cash
Global Entry/TSA PreCheck
CLEAR Plus credit
Saks Fifth Avenue credit
Transfer Partners
Membership Rewards points transfer to 14 airline and hotel loyalty programs, often at a 1:1 ratio. Transfer to maximize redemption value.
DeltaANASingapore AirlinesBritish AirwaysAir France/KLMHiltonMarriott BonvoyVirgin AtlanticCathay PacificEmiratesEtihadHawaiian AirlinesJetBlueQantas
Points Value Calculator
Estimate the dollar value of your Membership Rewards balance based on our average 2¢ per point valuation.
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