The American Express Platinum Card® has undergone several updates to its benefits and fee structures. Here’s an overview of the current pros and cons for travelers, along with an updated benefit breakdown sheet.
Pros:
- Extensive Travel Benefits:
- Airport Lounge Access: Complimentary access to over 1,400 airport lounges worldwide, including Centurion Lounges, Priority Pass lounges, and Delta Sky Clubs.
- Hotel Benefits: Up to $200 in statement credits annually for prepaid bookings at Fine Hotels + Resorts® or The Hotel Collection through American Express Travel.
- Generous Rewards Program:
- Membership Rewards Points: Earn 5x points on flights booked directly with airlines or via AmexTravel.com (up to $500,000 per calendar year) and on prepaid hotels booked through AmexTravel.com.
- Additional Lifestyle Benefits:
- Digital Entertainment Credit: Up to $240 annually ($20 per month) in statement credits for subscriptions to services like Disney+, Hulu, ESPN+, The New York Times, Peacock, and The Wall Street Journal. Enrollment required.
- Walmart+ Credit: Monthly $12.95 statement credit to cover the cost of a Walmart+ membership.
Cons:
- High Annual Fee: The annual fee has increased to $695.
- Increased Authorized User Fees: The fee for adding authorized users has risen to $195 per additional Platinum Card.
Get your FREE copy of the 2025 Basic Amex Platinum Benefits Breakdown
Note: Enrollment is required for select benefits, and terms apply. It’s essential to review the latest terms and conditions on the official American Express website or contact their customer service for the most up-to-date information.
By leveraging these benefits, frequent travelers can offset the high annual fee and enjoy a range of premium services that enhance their travel experiences.