AMEX GOLD VS. PLATINUM (Amex Platinum Card Benefits | Amex Gold Card Review)

Mark Reese // Credit & Finance

Mark Reese // Credit & Finance

November 17th, 2020

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The Amex Platinum Card vs. Amex Gold Card is a MUST SEE comparison! Click "Show More" to see Ad Disclosure. Both are charge cards, both earn Membership Rewards points, and both are among the best credit cards for travel. So which is best? Let’s find out! 💳👉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 SIGNUP BONUSES - NOV. 2020 AMEX PLATINUM CARD SIGNUP BONUS Earn 75,000 - 100,000 Membership Rewards points after spending $5,000 in the first 6 months of Card Membership. PLUS: earn 10X Membership Rewards points at US Gas Stations and US Supermarkets on up to $15,000 of combined spend within the first 6 months. AMEX GOLD CARD SIGNUP BONUS Earn 60,000 Membership Rewards points after spending $4,000 in the first 6 months. AMEX PLATINUM CARD - EARNING POINTS 5X Flights - booked directly with airlines or via Amex Travel Portal (AmexTravel.com) 5X Hotels - prepaid via Amex Travel Portal 1X Everything Else AMEX PLATINUM CARD ANNUAL FEE = $550 AMEX PLATINUM CARD - REDEEMING POINTS Transfer Partners 2.0¢ (airline transfers, avg.) Travel Portal 1.0¢ (flights) 0.7¢ (rental cars, hotels, vacations, cruises) Gift Cards 0.7¢ - 1.0¢ (avg.) Cash Back 0.6¢ (statement credit) AMEX PLATINUM CARD BENEFITS Uber Rides with Platinum ($200/yr.) $15/mo. | $35 in Dec. Airline Fee Credit ($200/yr.) 1 airline | Incidental charges Global Entry / TSA Pre✓ (Up to $100) Every 4.5 years Shop Saks with Platinum ($100/yr.) $50 Jan. – Jun. | $50 Jul. – Dec. Global Lounge Collection Centurion Lounge, Delta SkyClub, Priority Pass, Escape Lounge, AirSpace Lounge International Airline Program Lower fares | Up to 8 tickets / booking The Hotel Collection $100 property credit | Room upgrade Fine Hotels & Resorts Program Experience credit | Room upgrade | Daily breakfast for 2 | Early check-in (12PM) | Late check-out (4PM) | Free Wi-Fi Elite Status Marriott Bonvoy Gold | Hilton Honors Gold | National Car Rental Emerald Club No Foreign Transaction Fees AMEX GOLD CARD - EARNING POINTS 4X US Supermarkets - Up to $25,00 spend per year 4X Dining 3X Flights 1X Everything Else AMEX GOLD CARD ANNUAL FEE = $250 AMEX GOLD CARD - REDEEMING POINTS Same as the American Express Platinum Card (see above) AMEX GOLD CARD BENEFITS Dining Credit ($120/yr.) $10/mo. | Grubhub, Seamless, The Cheesecake Factory, Ruth's Chris Steak House, Boxed, Shake Shack Airline Fee Credit ($100/yr.) 1 airline | Incidentals| Ending 12/31/2021 Uber Cash Benefit ($120/yr.) $10/mo. | Starting early 2021 The Hotel Collection $100 property credit | Room upgrade No Foreign Transaction Fees WHICH AMEX CARD IS BEST? Choose the American Express Platinum Card for TRAVEL BENEFITS (i.e. airport lounge access, elite status, upgrades, etc.) Choose the American Express Gold Card for EARNING POINTS (i.e. earn quickly at home on food purchases) WHICH ONE SHOULD YOU GET? Get the AMEX PLATINUM CARD if you… Spend a lot on flights + prepaid hotels Desire travel rewards Travel frequently Value elite travel benefits Get the AMEX GOLD CARD if you… Spend a lot at restaurants + grocery stores Desire travel rewards Travel occasionally to frequently Use Uber & Grubhub, etc. GET BOTH CARDS IF YOU… Value elite travel benefits Spend a lot at restaurants + grocery stores Desire travel rewards that can be pooled together DON’T GET EITHER CARD if you value cash back rewards (exception = Schwab Platinum Card) 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 #amex #amexplatinum
Mark Reese // Credit & Finance

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