Amex Platinum Card Review 2022 | $695 Annual Fee

Mark Reese // Credit & Finance

Mark Reese // Credit & Finance

October 11th, 2021

DESCRIPTION
The Amex Platinum Card has a ton of NEW BENEFITS and a higher annual fee :D This in-depth review will help you determine if it belongs in your wallet or if a different travel credit card makes more sense. Click “Show More” to see Ad Disclosure. 📲 MAXREWARDS - Manage credit cards & rewards! Get Gold level for free with PROMO CODE = markr http://markscreditcards.com/maxrewards 💳👉VIEW CREDIT CARD OFFERS! https://markscreditcards.com/offers 🛍 RAKUTEN - Earn Cash Back! http://markscreditcards.com/rakuten ‼️ GET FREE STOCKS FROM WEBULL when you open an account & deposit $100: http://markscreditcards.com/webull NOTE: Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more. WELCOME BONUS (Oct. 2021) Earn 100,000 Membership Rewards points after spending $6K in the first 6 months. PLUS, earn 10X points on eligible purchases at restaurants worldwide AND U.S. Shop Small locations. Valid on up to $25K spend in combined purchases during your first 6 mo. ANNUAL FEE = $695 EARN POINTS - 5X Flights: Booked directly w/ airlines or AmexTravel.com - 5X Hotels: Prepaid via AmexTravel.com - 1X Other Purchases REDEEM POINTS - Travel (Transfer Partners): 2.0¢ per point, avg. - Travel (Portal): 0.7¢ per point for hotels, car rentals, cruises, and vacations | 1.0¢ per point for flights - Cash Back (statement credit): 0.6¢ per point AMEX TRANSFER PARTNERS Aer Lingus Aer Club Aeromexico Air Canada Air France KLM Flying Blue Alitalia Millemiglia ANA Mileage Club Asia Miles Avianca Lifemiles British Airways Delta SkyMiles Emirates Skywards Etihad Guest Hawaiian Airlines Iberia Plus JetBlue TrueBlue Quantas Frequent Flier Singapore Airlines KrisFlyer Virgin Atlantic Choice Privileges Hilton Honors Marriott Bonvoy AMEX PLATINUM CARD BENEFITS – PART 1 - CREDITS - $240 Digital Entertainment Credit - $155 Walmart+ Credit - $200 Uber Cash Benefit - $300 Equinox Credit - $100 Shop Saks With Platinum Credit - $85-$100 Global Entry / TSA PreCheck - $200 Hotel Credit - $200 Airline Fee Credit - $300 SoulCycle At-Home Bike Credit - $179 CLEAR Credit AMEX PLATINUM CARD BENEFITS – PART 2 – TRAVEL - Global Lounge Collection - Fine Hotels & Resorts - The Hotel Collection - Hilton Honors Gold Status: https://www.hilton.com/en/hilton-honors/member-benefits/ - Marriott Bonvoy Gold Elite Status: https://www.marriott.com/loyalty/member-benefits/gold.mi - Premium Rental Car Status - Premium Global Assist Hotline - International Airline Program - Upgrade With Points - Premium Private Jet Program - Cruise Privileges Program - Platinum Destinations Vacations - No Foreign Transaction Fees AMEX PLATINUM CARD BENEFITS – PART 3 – RETAIL & OTHER - Platinum Card Concierge - Global Dining Access - By Invitation Only - American Express Experiences - American Express Preferred Seating - Amex Auto Purchasing Program - ShopRunner - InCircle - Departures INSURANCE & PROTECTIONS - Baggage Insurance Plan - Trip Delay Insurance - Trip Cancellation & Interruption Insurance - Car Rental Loss & Damage Insurance - Premium Car Rental Protection - Purchase Protection - Return Protection - Extended Warranty - Cell Phone Protection SHOULD YOU GET IT? YES if you… - Travel frequently - Will use enough of the credits each year - Value VIP travel experiences (elite status, lounges, upgrades, etc.) - Prefer travel rewards over cash back - Want top-tier insurance protections - Don’t mind managing a lot of benefits NO if you… - Don’t travel multiple times per year - Are a budget traveler / road tripper - Don’t care about VIP treatment - Don’t normally spend at the merchants that provide credits each year - Want a card for everyday spend - Prefer cash back over travel rewards - Don’t like high-annual-fee cards Disclosure: This site is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Mark Reese is not a financial advisor. #creditcards #amexplatinum #americanexpress
Mark Reese // Credit & Finance

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