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The American Express Platinum Card® (Conditions apply; see Fees & Fees) is a premium card with premium benefits and a $695 premium annual fee. When you look at the membership fee, you might think, “Wow, I can’t afford to pay that much for a card enrollment.” But you might think differently when you see how much value you get from using the card’s perks.
Amex Platinum allows cardmembers to redeem up to $300 in Equinox credit, up to $240 in digital entertainment credit, up to $200 in Uber Cash on Uber purchases in the US, or prepay at Fine Hotels+ Resorts or The Hotel Collection Provide cardholders with annual statement credits, including up to $200 in hotel credits. American Express Travel, $189 CLEAR® credit, up to $155 Walmart+ credit, and up to $100 Saks Fifth Avenue credit. The card also includes up to $200 in airline bill credit. Some benefits require registration.
Let’s take a look at exactly what an Amex Platinum Travel Credit is and how to claim it.
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The Platinum Card is aimed at frequent travelers looking to take full advantage of a wealth of luxury travel benefits and Platinum Concierge services. Done right, the classic status card’s staggering annual fee is well justified.
pros and cons
- High reward potential for flights and hotels booked with American Express Travel
- Multiple credits help justify fees
- Comprehensive airport lounge access
- Exclusive travel benefits and Hilton and Marriott membership benefits and elite status
- annual fee is very high
- Maximizing statement credit takes some work and may not be feasible for many
- Non-travel reward rates are below par for premium cards
- Earn 80,000 Membership Rewards® points when you spend $6,000 on your new card during the first 6 months of your card membership. Apply and choose your preferred metal card design from the Classic Platinum Card®, Platinum x Kehinde Wiley, or Platinum x Julie Meheretu.
- Earn 5X Membership Rewards® Points on flights booked directly with an airline or American Express Travel and 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel.
- Get $200 back in statement credit each year on any prepaid Fine Hotels + Resorts® or The Hotel Collection reservation with a minimum two-night stay through American Express Travel when you pay with your Platinum Card®.
- $240 Digital Entertainment Credit: Every month when you use your Platinum Card® to make a qualifying purchase on at least one of Audible, Disney+, The Disney Bundle, ESPN+, Hulu, Peacock, SiriusXM and The New York Times Up to $20 will be refunded. Registration required.
- $155 Walmart+ Credit: Monthly Walmart+ membership costs of $12.95 are covered with a statement credit after you pay your monthly Walmart+ fees with your Platinum Card. Cost includes $12.95 plus applicable local sales tax. Plus-up is out of scope.
- American Express expands Centurion® Network to include more than 40 Centurion lounges and studios worldwide. Find more locations with free admission and exclusive benefits with your Platinum Card®.
- $200 Airline Credit: Earn up to $200 in statement credit (baggage) per calendar year and more on any one eligible airline.
- $200 Uber Cash: Enjoy Uber VIP status and get up to $200 in annual Uber discounts on US rides or food orders. Uber Cash and Uber VIP status are only available to Basic Card Members.
- Earn up to $300 per calendar year on eligible Equinox Club memberships when you pay with the Equinox+ digital fitness app or Platinum Card. Registration required. learn more.
- With CLEAR® lanes at over 100 airports, stadiums and entertainment venues, you can easily get through security, use your card and get back up to $189 per calendar year with your membership. learn more.
- $695 annual fee.
What is the Amex Platinum Travel Credit?
The Amex Platinum Travel Credit is an airline fee credit of up to $200 offered as a benefit of the American Express Platinum Card® (applicable on select airlines). Credit is applied as a statement credit for airline purchases considered incidental, such as checked baggage, seat selection, in-flight meals and beverages.
Amex Platinum Travel Credit is available on the following cards:
- American Express Corporate Platinum Card
- American Express Platinum Card®
- American Express Platinum Card® for Charles Schwab*
- Goldman Sachs American Express Platinum Card®*
- American Express Platinum Card® for Morgan Stanley*
- American Express Business Platinum Card®
Given the rather high annual fees on all of these cards, you can offset them with a $200 airline fee credit. If you have multiple cards with Amex Travel Credit, please charge each card before it expires.
How to claim your Amex Travel Credit
Before you can claim your American Express airline fee credit, you must be enrolled in the offer and select an airline from the list of participating airlines. You can change your selection each January.
If you do not change airlines, your previous selection will remain. As of January, unless you have redeemed your credit, you can send a message to Amex and ask them to change your airline of choice.
Eligible airlines are:
- Alaska Airlines
- american airlines
- delta airlines
- Hawaiian Airlines
- jetblue airlines
- spirit airlines
- Southwest Airlines
- united airlines
If you select an airline, you can claim up to $200 for incidental charges charged to the above Eligible Cards by the selected airline. Primary cardholder and authorized user charges are subject to airline fee credits, but the total must not exceed $200 per calendar year.
Please note that it may take up to 8 weeks for the statement credit to appear on your American Express card account.
What can I use my Amex Travel Credit for?
Unfortunately, Amex airline fee credits cannot be used exclusively for airline purchases. Ticket purchases are specifically excluded from the list of eligible fees. Additionally, no upgrades, gift cards, duty-free purchases, award tickets, wireless internet (if processed by a third party), mileage purchases, or mileage transfer fees are covered, making travel credits less convenient to use . you might have wanted
The following charges are generally eligible for Amex Travel Credits:
- airport lounge pass
- Checked Baggage Fee
- EarlyBird check-in (in Southwest)
- In-flight meals and entertainment
- Pet travel fee
- Telephone reservation fee
- Seat selection
- Fees for unaccompanied minors
When will my Amex Travel Credit reset?
Airline fee credits do not roll over and reset each calendar year. This means that if you are a cardholder, you must use it by December 31st of each year. Otherwise, the credit will expire. You will receive your new travel credit on January 1st.
How to get the most out of your Amex Platinum Travel Credit
Amex Platinum Travel Credits are fairly limited and require creativity to fully use each year. Here are some ideas for making the most of your Amex Platinum travel credit before it expires.
Purchase a lounge pass
Airport Lounge Passes are valid for a fairly long time and do not need to be used on the day of purchase. So if your travel credit has expired and you need to use it, buy a lounge pass for an airline you know you’ll be flying with in the future. For example, the Admirals Club sells his day pass for $59 and the United Club sells his one-time pass for $59. If you know you’ll be flying with either airline in the future, why not enjoy some lounge time?
Prepaid checked baggage
If you know for sure that you won’t be able to live with carry-on baggage during your already booked trip, consider prepaying for checked baggage and using Amex airline fee credits. In some cases, you can even get a discount by prepaying for your bag online instead of at the airport. For example, United charges a non-elite member $30 for the first bag if prepaid on domestic flights and $35 if paid at the check-in counter.
Choose a Preferred Seat
Another way to use your Amex Travel Credits before they expire is to book a seat. For example, if you book a ticket for the main he cabin with American Airlines, the airline will charge extra for the seats you want, such as seats closer to the front of the cabin or seats with more legroom. You can prepay for premium seat selection and get a refund from American Express. When you book a Basic Economy ticket with Delta, you can choose your seat one week before departure for an additional fee and are also eligible for Amex Platinum Travel Credits.
Find the Best Travel Credit Cards for 2023
Find the travel credit card that best fits your travel needs.
Amex Platinum Travel Credits are available annually, but due to their limited use, you may not find a way to redeem them each year. Use airline fee credits to pay for checked baggage, prepay for seats, or purchase lounge passes. If you can use up all of the $200 each year that you are a cardholder, it will help offset the card’s high annual fee.
To view rates and fees for The Platinum Card® from American Express, please visit this page.
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