American Express · Personal card
The Platinum Card from American Express
The Platinum Card from American Express has an $895 annual fee and up to $3,304 a year in statement credits, across 13 credits. Ten of the 13 Amex Platinum credits need a one-time enrollment before any spending counts, and American Express will not apply them retroactively.
- Annual fee
- $895
- Charged on your account anniversary
- Credits a year
- Up to $3,304
- 13 statement credits, used in full
- Need enrollment
- 10 of 13
- Credits. Enroll before you spend
Every credit, and when it resets
Amounts are per period. The last column is what each credit adds up to in a year if you use it every time. American Express won't backdate enrollment, so enroll before you spend.
| Credit | Amount | Resets | A year |
|---|---|---|---|
| Semiannual hotel credit$300 every six months. Twice a year, in January and July | $300 every six months | Twice a year, in January and July | $600 |
| Quarterly Resy creditEnroll first$100 a quarter. Every quarter (January, April, July, October) | $100 a quarter | Every quarter (January, April, July, October) | $400 |
| Monthly digital entertainment creditEnroll first$25 a month. On the 1st of each month | $25 a month | On the 1st of each month | $300 |
| Equinox creditEnroll first$300 a year. On January 1 | $300 a year | On January 1 | $300 |
| Quarterly lululemon creditEnroll first$75 a quarter. Every quarter (January, April, July, October) | $75 a quarter | Every quarter (January, April, July, October) | $300 |
| SoulCycle at-home bike credit$300 a year. On January 1 | $300 a year | On January 1 | $300 |
| CLEAR+ creditEnroll first$219 a year. On January 1 | $219 a year | On January 1 | $219 |
| Oura Ring creditEnroll first$200 a year. On January 1 | $200 a year | On January 1 | $200 |
| Airline fee creditEnroll firstSelect your airline first.$200 a year. On January 1 | $200 a year | On January 1 | $200 |
| Uber CashEnroll first$15 a month. On the 1st of each month | $15 a month | On the 1st of each month | $180 |
| Walmart+ creditEnroll first$12.95 a month. On the 1st of each month | $12.95 a month | On the 1st of each month | $155 |
| Uber One creditEnroll first$120 a year. On January 1 | $120 a year | On January 1 | $120 |
| Global Entry or TSA PreCheck credit$120 each time. Available again every 4 years | $120 each time | Available again every 4 years | $30 |
| Total a year, if you use every credit | $3,304 |
What people get wrong
- Enrollment comes first. Ten benefits need a one-time enrollment. Spend before you enroll and nothing posts, because American Express will not apply a credit retroactively.
- Nothing rolls over. Whatever is unused when a period ends is gone, so a monthly credit missed in March can't be used in April.
Questions about the Amex Platinum
What is the annual fee on the Platinum Card from American Express?
$895 a year, charged each year on your account anniversary.
How much are the Amex Platinum credits worth?
Up to $3,304 a year if you use all 13 statement credits in full. The largest: Semiannual hotel credit ($600), Quarterly Resy credit ($400) and Monthly digital entertainment credit ($300).
Which Amex Platinum benefits need enrollment?
Ten of the 13: Quarterly Resy credit, Monthly digital entertainment credit, Equinox credit, Quarterly lululemon credit, CLEAR+ credit, Oura Ring credit, Airline fee credit, Uber Cash, Walmart+ credit and Uber One credit. Enroll before you spend, because American Express will not apply a credit retroactively.
When do the Amex Platinum credits reset?
Monthly credits reset on the 1st of each month; quarterly credits on January 1, April 1, July 1 and October 1; twice-yearly credits on January 1 and July 1; and yearly credits on January 1. Unused credit does not roll over.
Is the Amex Platinum worth the $895 fee?
On credits alone, only if you use at least 28% of them. They add up to $3,304 a year against the $895 fee, but each is tied to a merchant and a period, so what counts is the ones you would use anyway.
What points does the Amex Platinum earn?
American Express Membership Rewards points, worth about 1.75 cents each in a typical redemption.
