CREDIT CARD

Maximizing Your Rewards by American Express Platinum Cardholder Benefits

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American Express Platinum Card is one of the most premium credit cards in the market. It offers a plethora of benefits and rewards to its cardholders. The card is designed for frequent travelers and those who enjoy luxury experiences. It provides access to exclusive airport lounges, travel credits, hotel upgrades, and concierge services.

One of the most significant benefits of being an American Express Platinum cardholder is the access to airport lounges. The card provides access to over 1,300 lounges across 140 countries. Cardholders can relax in luxurious lounges and enjoy complimentary food, drinks, and Wi-Fi. The card also offers a $200 annual credit for airline fees, which can be used for baggage fees, seat upgrades, and in-flight purchases.

Another benefit of the American Express Platinum Card is the access to exclusive hotel perks. Cardholders can enjoy room upgrades, free breakfast, and late check-out at over 1,000 luxury hotels worldwide. The card also provides access to the Fine Hotels and Resorts program, which offers additional benefits such as spa credits, complimentary meals, and early check-in. Overall, the American Express Platinum Card is an excellent choice for those who want to enjoy luxury travel experiences and exclusive benefits.

READ MORE: Maximize Your Rewards with American Express Credit Card Benefits

Card Overview

Annual Fee

The American Express Platinum Card is a premium credit card with a high annual fee of $695. This fee is charged annually and is non-negotiable. However, the card offers a wide range of benefits that can help offset the cost of the fee.

Credit Score Requirement

To be eligible for the American Express Platinum Card, applicants should have a good to excellent credit score. While American Express does not disclose the minimum credit score required for approval, it is generally recommended that applicants have a score of at least 700. It\’s important to note that other factors, such as income and debt-to-income ratio, are also taken into consideration when evaluating applications.

Overall, the American Express Platinum Card is a premium credit card with a high annual fee and strict credit score requirements. However, it offers a range of benefits that can make it a valuable investment for frequent travelers and those who value luxury perks.

Travel Benefits

American Express Platinum cardholders enjoy a wide range of travel benefits that make their journeys more comfortable and enjoyable. Here are some of the top travel benefits that come with the Platinum Card:

Airport Lounge Access

One of the most popular benefits of the Platinum Card is airport lounge access. Cardholders can access more than 1,200 lounges in over 130 countries around the world, including The Centurion® Lounge, Delta Sky Club®, and Priority Pass™ Select lounges. These lounges offer complimentary food and drinks, comfortable seating, and other amenities like Wi-Fi, showers, and business centers.

READ MORE: Amex Gold Card Advantages: Benefits, Rewards, and Perks Explained

Hotel Status Upgrades

Platinum Card members can enjoy complimentary hotel status upgrades with several hotel chains, including Marriott Bonvoy™, Hilton Honors™, and Relais & Châteaux. These upgrades can include room upgrades, early check-in, and late check-out, and other VIP amenities like complimentary breakfast and spa credits. Cardholders can also book hotels through American Express Travel and receive exclusive benefits like room upgrades, daily breakfast, and late check-out.

Airline Fee Credit

Platinum Card members can receive up to $200 in statement credits per calendar year for incidental fees charged by one selected airline. These fees can include checked bags, in-flight refreshments, and other eligible expenses. Cardholders can choose one airline each year and receive the credit automatically when they use their Platinum Card to pay for eligible expenses.

In addition to these travel benefits, Platinum Card members can also enjoy other perks like car rental privileges, travel insurance, and access to special events and experiences. Overall, the Platinum Card is an excellent choice for frequent travelers who want to enjoy a premium travel experience.

Shopping Benefits

American Express Platinum cardholders enjoy a variety of shopping benefits that provide added protection and peace of mind when making purchases. This section will cover three of the most notable shopping benefits: Purchase Protection, Return Protection, and Extended Warranty.

Purchase Protection

With Purchase Protection, eligible items purchased with the American Express Platinum Card are protected against accidental damage or theft for up to 90 days from the date of purchase. This benefit covers up to $10,000 per occurrence and up to $50,000 per calendar year. Cardholders simply need to file a claim with American Express to take advantage of this benefit.

Return Protection

Return Protection allows American Express Platinum cardholders to return eligible items within 90 days of purchase, even if the merchant\’s return policy has expired. This benefit covers up to $300 per item and up to $1,000 per calendar year. To take advantage of this benefit, cardholders must provide American Express with the original receipt and proof that the merchant will not accept the return.

Extended Warranty

With Extended Warranty, eligible items purchased with the American Express Platinum Card are automatically extended up to one additional year beyond the manufacturer\’s warranty. This benefit covers up to $10,000 per occurrence and up to $50,000 per calendar year. Cardholders do not need to register their purchases to take advantage of this benefit.

Overall, American Express Platinum cardholders can feel confident when making purchases knowing that they have access to these valuable shopping benefits.

Rewards Program

The American Express Platinum card offers a rewards program that allows cardholders to earn points for their purchases.

Earning Points

Cardholders can claim points in a different way like:

  • 5X points for flights: Cardholders earn 5X points per dollar spent on flights purchased directly from airlines or American Express Travel on up to $500,000 per calendar year.
  • 5X points for prepaid hotels: Cardholders earn 5X points per dollar spent on prepaid hotel purchases, booked and paid in advance, online at amextravel.com.
  • 1X points on all other purchases: Cardholders earn 1X points per dollar spent on all other purchases.

In addition to these standard earning rates, the American Express Platinum card also offers occasional bonus categories that allow cardholders to earn even more points. These bonus categories can include things like dining, gas, and groceries.

Redeeming Points

  • Travel: Cardholders can use their points to book flights, hotels, and car rentals through American Express Travel.
  • Merchandise: Cardholders can use their points to purchase merchandise from a variety of retailers.
  • Statement credits: Cardholders can use their points to receive statement credits for eligible purchases.

The value of each point varies depending on how it is redeemed. For example, points redeemed for travel through American Express Travel are worth 1 cent each, while points redeemed for merchandise are typically worth less than 1 cent each.

READ MORE: Best Cards for Trip Cancellation and Interruption Insurance: Top Picks for Peace of Mind While Traveling

Overall, the American Express Platinum rewards program offers cardholders a variety of ways to earn and redeem points, making it a valuable tool for those who want to maximize their rewards.

Additional Perks

American Express Platinum cardholders have access to a variety of additional perks that make their membership even more valuable. These perks include a concierge service and exclusive event access.

Concierge Service

The Platinum Card concierge service is available 24/7 to help cardholders with a wide range of requests. Whether it\’s making a dinner reservation, booking a flight, or finding tickets to a sold-out show, the concierge service is there to assist. Cardholders can contact the concierge service by phone, email, or through the American Express mobile app.

Exclusive Event Access

Platinum cardholders have access to exclusive events across a range of categories, including music, sports, and theater. These events include pre-sale tickets, VIP experiences, and access to private events. Cardholders can view upcoming events and purchase tickets through the American Express website or mobile app.

In addition to these perks, Platinum cardholders also have access to a variety of other benefits, including airport lounge access, travel credits, and purchase protection. With so many benefits, the Platinum Card is a valuable tool for frequent travelers and anyone looking to maximize their rewards and perks.

READ MORE:America express credit card

The American Express Platinum Card is a premium credit card that offers a variety of benefits to its cardholders. From travel perks to shopping discounts, this card provides a range of benefits that can help cardholders save money and enjoy their experiences more fully.

Some of the key benefits of the American Express Platinum Card include access to airport lounges, complimentary hotel statuses, and rental car privileges. Cardholders can also take advantage of travel credits, such as the $200 airline fee credit and the $200 hotel credit. In addition, the card offers a range of shopping and entertainment benefits, including discounts on fine dining, shopping, and entertainment.

Overall, the American Express Platinum Card is an excellent choice for frequent travelers and those who value luxury experiences. While the card does come with a high annual fee, the benefits it provides can more than offset this cost for many cardholders. Whether you\’re looking to save money on travel or enjoy exclusive experiences, the American Express Platinum Card is definitely worth considering.

Frequently Asked Questions

What are the benefits of being an American Express Platinum cardholder?

American Express Platinum cardholders enjoy a wide range of benefits, including but not limited to:

  • $200 airline fee credit
  • Access to airport lounges
  • Global Entry or TSA Pre✓® fee credit
  • Complimentary Uber rides and VIP status
  • Platinum Card® Concierge services
  • Fine Hotels & Resorts program
  • Car rental privileges
  • Purchase protection and extended warranty

Does Amex Platinum authorize users to have access to airport lounges?

Yes, Amex Platinum-authorized users have access to airport lounges. However, the number of guests allowed may vary depending on the lounge and the cardholder\’s account.

What is the annual fee for the American Express Platinum card?

The annual fee for the American Express Platinum card is $695, as of August 2023.

What are the requirements to become an American Express Platinum cardholder?

To become an American Express Platinum cardholder, one must have a good credit score and meet the income requirements. The specific income requirements are not publicly disclosed but are believed to be in the six-figure range.

What additional benefits do Amex Platinum authorized users receive?

Amex Platinum authorized users receive many of the same benefits as the primary cardholder, including access to airport lounges, purchase protection, and extended warranty. However, some benefits, such as the airline fee credit and Uber credits, are exclusive to the primary cardholder.

What benefits does the American Express Platinum card offer for travel?

The American Express Platinum card offers many benefits for travel, such as:

  • Global Entry or TSA Pre✓® fee credit
  • Complimentary access to airport lounges
  • Car rental privileges
  • Fine Hotels & Resorts program

These benefits can make traveling more comfortable and convenient for cardholders.

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