Question 1

Is the Platinum Card worth the annual fee?

Accepted Answer

The Platinum Card is worth its $895 annual fee if you use most of its 40+ benefits. Calculate your ROI by adding the value of credits you redeem, lounge visits, and points earned, then compare to the annual fee. If total value exceeds the fee, keep the card. Tools like kardfolio can automate this calculation.

Question 2

When do Platinum Card benefits expire?

Accepted Answer

Platinum Card benefits expire on different schedules: monthly credits reset on the 1st, quarterly credits every 3 months, and annual credits on your cardmember anniversary or calendar year end. Check each benefit's terms for specific dates. Benefit tracking apps can send alerts before expiration.

Question 3

How do I track Platinum Card benefits?

Accepted Answer

Track Platinum Card benefits by: 1) listing all 40+ benefits and their values, 2) recording when you use each benefit, 3) setting calendar reminders before credits expire, 4) calculating total value vs annual fee. Apps like kardfolio automate this with expiration alerts and ROI tracking.

Question 4

What are the Platinum Card earning rates?

Accepted Answer

The Platinum Card earns: 5x on Booked directly with airlines or AmexTravel.com (up to $500K/year), 5x on Prepaid hotels booked on AmexTravel.com, 1x on All other purchases. Base rate is typically 1x on all other purchases. Points can be redeemed through the issuer's portal or transferred to airline/hotel partners for potentially higher value.

Question 5

What lounge access does the Platinum Card include?

Accepted Answer

The Platinum Card includes airport lounge access. Check your cardmember agreement for specific lounge networks, guest policies, and any visit limits. Premium cards typically include Priority Pass and may have issuer-specific lounges.

Question 6

Does the Platinum Card have foreign transaction fees?

Accepted Answer

No, the Platinum Card has no foreign transaction fees. This makes it suitable for international travel and purchases in foreign currencies without the typical 3% fee charged by many cards.

Platinum Card

Platinum Card

Earning Rates

Card Benefits

Dining

Travel

Groceries

Flights

Hotels

Car Rentals

Streaming

Online Shopping

Entertainment

Account Services

Lounge Access

Insurance

Status

Rideshare

Fitness

Card Details