Plus, some of the credits that come with the card will only be useful to people potentially a limited number of people interested in offers like fitness club and Walmart+ memberships.
These terms allow CreditCards.com to use your consumer report information, including credit score, for internal business purposes, such as improving the website experience and to market other products and services to you. EDITORIAL DISCLOSURE All reviews are prepared by CreditCards.com staff. The American Express Gold card has a significantly lower fee than the Platinum and it offers many of the same perks including car rental insurance, purchase protection and Hotel Collection benefits.
See if youre prequalified for The Platinum Card from American Express with CardMatch, APR Enrollment required. Despite that one shortcoming, the Amex Gold cards rewards rate makes it much easier to stockpile Membership Rewards points. Performance information may have changed since the time of publication. By clicking "See my odds" you agree to our Terms of Use (including our Prequalification Terms) and Privacy Policy.
See related: American Express Gold Card vs. The Amex Platinum card is designed for users with excellent credit (above 670), so you will want to ensure you meet those qualifications before you apply. American Express has one of the best reputations among credit card issuers for customer experience, scoring an 838 on J.D. You might be using an unsupported or outdated browser. See related: Chase Sapphire Reserve vs. Amex Platinum\. CreditCards.com is an independent, advertising-supported comparison service. CreditCards.com credit ranges are derived from FICO Score 8, which is one of many different types of credit scores. to maintain accurate information. $155 Walmart+ Credit: Cover the cost of a $12.95 monthly Walmart+ membership with a statement credit after you pay for Walmart+ each month with your Platinum Card. On paper, these perks fall short of those found on the Amex Platinum card, but may be more than enough for some travelers. While it doesnt have the best rewards rate among travel cards, the Amex Platinum card is a great choice for frequent travelers who will make use of its numerous travel credits and protections. CreditCards.com does not include the entire universe of available financial or credit offers.CCDC has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover. For a slightly smaller $550 annual fee, the Chase Sapphire Reserve also offers 5X points on flights, but goes further by offering 10X points on hotels and car rentalsall when booked through the Chase Ultimate Rewards portal.
Reasonable efforts are made Its lack of bonus categories stands out in a cards landscape full of generous offerings from competing issuers, and on top of that, the cards base point value and flexibility just dont measure up to other card offerings. In exchange for the $550 annual fee, the card comes with a $300 annual travel credit, Priority Pass Lounge access with enrollment, Global Entry or TSA PreCheck reimbursement and benefits at hotels in the Luxury Hotels and Resorts collection. Were not convinced anyone should ever get a business secured card, but if youre in the market for one, dont bother with the . Well use this information to to verify your credit profile. All Rights Reserved. See related: How to earn and use Membership Rewards points. These are provided as guidelines only and approval is not guaranteed. The Venture X has a much smaller annual fee of $395 but still manages to pack in plenty of luxury features. Similar to the Amex Platinum, the card carries a steep annual fee but also a number of benefits and credits that can justify that price tag if fully maximized. You can redeem Membership Rewards in multiple ways. Earn 5 Membership Rewards points per dollar for flights booked directly with airlines or with American Express Travel on up to $500,000 per calendar year, 5 points per dollar on prepaid hotels booked with American Express Travel and 1 point per dollar on other eligible purchases. Its also worth checking the CreditCards.comCardMatchtool to see if you have a prequalified offer on the Amex Platinum, as this wont have any impact on your credit score and should give you a better idea of where you stand before you apply. But these perks dont come cheap: The Amex Platinum Cards annual fee is a steep $695. Credit Score ranges are based on FICO credit scoring. Depending on the airline transfer partner, Amexs Membership Rewards can be worth an average of 2 cents apiece, according to the latest valuations by The Points Guy. Welcome bonus: 100,000 Membership Rewards points after spending $6,000 on purchases on the card in the first 6 months of card membership. The Amex Platinum card gives the same Priority Pass Select Lounge access upon enrollment plus same-day flight access to the Global Lounge Collection, Airspace lounges, Delta SkyClub lounges, Escape Lounges-The Centurion Studio Parter, select Lufthansa Lounges, Plaza Premium Lounges, and the Centurion Lounges. Cardholders earn 4X points at restaurants and at U.S. supermarkets (up to $25,000 a year in U.S. supermarket purchases, then 1X). Elite status with Hertz, Avis and National Car Rental with enrollment. Well use the last four digits of your Social Security number to get your approval odds. FICO, the most widely known credit scoring model typically uses a scale of 300 to 850. And if youre seeking plush travel perks, the card doesnt come with any. $189 CLEAR Credit: Use your Card and get up to $189 back per year on your CLEAR membership. All ratings are determined solely by our editorial team. Earn Unlimited 2x miles on every purchase, every day, New Offer! The Capital One Venture X Rewards Credit Card is packed with extras that put it firmly in competition with the Amex Platinum and Chase Sapphire Reserve, but at an annual fee$395that leaves the others far behind. That said, the card stands head-and-shoulders above the majority of rewards cards when it comes to both its welcome bonus and annual bonus (factoring in the value of perks like Uber credits and Priority Pass membership). Editorial Note: We earn a commission from partner links on Forbes Advisor. Frequent flyers of Delta Airlines may be particularly interested in the Platinum card because, as a special partner of Delta, Amex offers point transfer to Delta as well as Delta Sky Club access for all Platinum cardholders. That earning potential, along with the Venture X cards annual travel credit and annual anniversary bonus miles can easily offset the cards annual fee. Luckily,American Express offers preapprovalon many of its cards, including the Amex Platinum. Most transfers happen at a 1:1 rate, but its possible to get twice as much value out of your points. CLEAR membership fee credit each year with enrollment. Theintroductory offer on the Platinum cardis among the best available among rewards cards in its class 100,000 points if you spend $6,000 in the first six months. The bonus categories cover a lot of common areas of spending making it a sol For fledgling credit builders, the is the equivalent of having your hand held through the process. Privacy Policy. There are even more places your Platinum Card can get you complimentary entry and exclusive perks. $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year in baggage fees and more at one select qualifying airline. Platinum Card from American Express, 1 (up to 500,000 points, 0.5 cent thereafter), Other travel purchases on American Express Travel, Shopping partner (Amazon, Best Buy, Boxed, Grubhub, Newegg, Rite Aid, Seamless, Staples), Excise tax offset fee (for transfer to travel partner), 5X points for flights booked directly with airlines using American Express Travel (on up to $500,000 on these purchases per calendar year), 5X points for eligible prepaid hotels booked with American Express Travel, 100,000 points if you spend $6,000 in first 6 months, $240 digital entertainment credit (up to $20 in statement credits each month at eligible providers Peacock, Audible, Disney+, The Disney Bundle, ESPN+, Hulu, SiriusXM, and The New York Times, enrollment required), $100 Global Entry or $85 TSA Precheck credit every 4 years, Up to $200 airline fee credit (up to $200 in statement credits per calendar year for fees like baggage fees at one qualifying airline), Up to $200 Uber Cash credit annually on U.S. rides and eats, Up to $200 hotel credit on prepaid Fine Hotels + Resorts or The Hotel Collection bookings (which requires a minimum two-night stay), Up to $300 Equinox credit (up to $25 back each month on eligible Equinox memberships, enrollment required), Up to $100 Saks Fifth Avenue credit ($50 semi annually, enrollment required), Redeem points for gift cards, shopping, travel, entertainment, merchandise or charity, Use points for all or a portion of qualifying travel purchases, Transfer points to a host of airline partners, including Delta Airlines, Must redeem travel rewards through American Express Travel, Google Play Store mobile app rating: 4.3/5, Carries thousands of dollars worth of travel and lifestyle credits, which gives users plenty of chances to offset the annual fee, Complimentary access to the largest number of airport lounges of any travel credit card, Automatic elite status with two of the largest hotel networks, giving travelers the freedom to stay in more placesand enjoy upgraded perks, Flexibility: Redeem points for gift cards, shopping, travel, entertainment, merchandise or charity, Versatility: Transfer points to a host of airline partners to find the best value, High annual fee: If the majority of discounts and upgrades that come with the card dont fit your lifestyle, it will be difficult to offset the annual fee, Low rewards rates: Other premium travel cards with smaller annual fees offer higher travel rewards in select areas and include non-travel categories like dining, which can make it easier to earn rewards quicker, Not all of the credits will have broad appeal, which will decrease the cards value for a lot of users, 10 points per dollar on Lyft purchases (through March 2025), 10 points per dollar on hotel and car rental purchases through Chase Ultimate Rewards, 5 points per dollar on air travel purchases through Chase Ultimate Rewards, Earn elevated rewards on all travel purchases immediately after earning the $300 annual travel credit, 10X miles on hotels and rental cars booked through Capital One Travel, 5X miles on flights booked through Capital One Travel. The card earns 2 miles per dollar on all eligible purchases, 5 miles per dollar on flights booked through Capital One Travel and 10 miles per dollar on hotels and rental cars when booking via Capital One Travel, comes with an annual travel credit of up to $300 in statement credits when booking through Capital One Travel and ability to enroll for complimentary Priority Pass Membership. That depends on the user. What credit score is required for Amex cards? She's been featured as a personal finance expert in outlets including CNBC, Business Insider, CBS Marketplace, and has appeared on or contributed to Fox News, CBS Radio, ABC Radio, NPR, International Business Times and NBC, ABC and CBS TV affiliates nationwide. $300 Equinox Credit: Get up to $25 back each month on the Equinox+ digital fitness app, or eligible Equinox club memberships when you pay with your Platinum Card. This compensation comes from two main sources. Opinions expressed therein are solely those of the reviewer and have not been reviewed or approved by any advertiser. Past performance is not indicative of future results. This makes it easy to quickly find the answers to simple questions. Were sorry, but something went wrong and we couldnt find your approval odds. If you cant take advantage of all the premium perks, you might be better off with a travel card with a smaller price tag. Another option is to pay with points at checkout with select retailers like Amazon, Best Buy, Boxed.com, Saks Fifth Avenue, and more. $200 Uber Cash: Enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. If you are looking forward to more travel this year and beyond and feel confident youll take advantage of the luxury perks that come with the Amex Platinum, the annual fee should not deter you, as the value of these perks and the rewards youll earn on travel can easily cover the cost. That's $900 toward travel when you redeem through Chase Ultimate Rewards, For a limited time, earn 80,000 bonus ThankYou Points after you spend $4,000 in purchases within the first 3 months of account opening. Stephanie Zito, Partner Offer: Terms Apply to the offers on this page. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. But to make matters worse, some redemption options are worth even less than 1 cent. Frequent flyers who can take advantage of that rate will get far more value out of the Platinum cards rewards program. Earn Unlimited 2x miles on every purchase, every day. Uber Cash totaling $200 in up to $15 per month increments (up to a total of $35 bonus in December) each year when you link your eligible card to your Uber account. Although the Platinum card doesnt have a very impressive rewards program, the card more than makes up for its annual fee with upfront perks for all cardholders. Some cards offer bonuses for dining and others for U.S supermarket spending, but the American Express Gold Card is an industry leader by offering 4 Membership Rewards points per dollar at restaurants, plus takeout and delivery in the U.S., 4 Membership Rewards points per dollar at U.S. supermarkets (on up to $25,000 per calendar year in purchases, then 1 point per dollar), 3 Membership Rewards points per dollar on flights booked directly with airlines or through American Express travel and 1 point per dollar on other eligible purchases. Youll still earn 5X points on flights booked directly with airlines or with American Express Travel (on up to $500,000 spent per calendar year) as well as 5X points on prepaid hotels booked with American Express Travel. See related:What credit score is required for Amex cards? The Capital One Venture X comes with same-day flight access to Priority Pass Select lounges upon enrollment and access to the small-but-growing Capital One Lounge network. Those points are worth 50% more when redeemed for travel through the Chase Ultimate Rewards travel center and points can be transferred at a 1:1 ratio to airline and hotel partners like United and Hyatt.
These terms allow CreditCards.com to use your consumer report information, including credit score, for internal business purposes, such as improving the website experience and to market other products and services to you. EDITORIAL DISCLOSURE All reviews are prepared by CreditCards.com staff. The American Express Gold card has a significantly lower fee than the Platinum and it offers many of the same perks including car rental insurance, purchase protection and Hotel Collection benefits.
See if youre prequalified for The Platinum Card from American Express with CardMatch, APR Enrollment required. Despite that one shortcoming, the Amex Gold cards rewards rate makes it much easier to stockpile Membership Rewards points. Performance information may have changed since the time of publication. By clicking "See my odds" you agree to our Terms of Use (including our Prequalification Terms) and Privacy Policy.
See related: American Express Gold Card vs. The Amex Platinum card is designed for users with excellent credit (above 670), so you will want to ensure you meet those qualifications before you apply. American Express has one of the best reputations among credit card issuers for customer experience, scoring an 838 on J.D. You might be using an unsupported or outdated browser. See related: Chase Sapphire Reserve vs. Amex Platinum\. CreditCards.com is an independent, advertising-supported comparison service. CreditCards.com credit ranges are derived from FICO Score 8, which is one of many different types of credit scores. to maintain accurate information. $155 Walmart+ Credit: Cover the cost of a $12.95 monthly Walmart+ membership with a statement credit after you pay for Walmart+ each month with your Platinum Card. On paper, these perks fall short of those found on the Amex Platinum card, but may be more than enough for some travelers. While it doesnt have the best rewards rate among travel cards, the Amex Platinum card is a great choice for frequent travelers who will make use of its numerous travel credits and protections. CreditCards.com does not include the entire universe of available financial or credit offers.CCDC has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover. For a slightly smaller $550 annual fee, the Chase Sapphire Reserve also offers 5X points on flights, but goes further by offering 10X points on hotels and car rentalsall when booked through the Chase Ultimate Rewards portal.
Reasonable efforts are made Its lack of bonus categories stands out in a cards landscape full of generous offerings from competing issuers, and on top of that, the cards base point value and flexibility just dont measure up to other card offerings. In exchange for the $550 annual fee, the card comes with a $300 annual travel credit, Priority Pass Lounge access with enrollment, Global Entry or TSA PreCheck reimbursement and benefits at hotels in the Luxury Hotels and Resorts collection. Were not convinced anyone should ever get a business secured card, but if youre in the market for one, dont bother with the . Well use this information to to verify your credit profile. All Rights Reserved. See related: How to earn and use Membership Rewards points. These are provided as guidelines only and approval is not guaranteed. The Venture X has a much smaller annual fee of $395 but still manages to pack in plenty of luxury features. Similar to the Amex Platinum, the card carries a steep annual fee but also a number of benefits and credits that can justify that price tag if fully maximized. You can redeem Membership Rewards in multiple ways. Earn 5 Membership Rewards points per dollar for flights booked directly with airlines or with American Express Travel on up to $500,000 per calendar year, 5 points per dollar on prepaid hotels booked with American Express Travel and 1 point per dollar on other eligible purchases. Its also worth checking the CreditCards.comCardMatchtool to see if you have a prequalified offer on the Amex Platinum, as this wont have any impact on your credit score and should give you a better idea of where you stand before you apply. But these perks dont come cheap: The Amex Platinum Cards annual fee is a steep $695. Credit Score ranges are based on FICO credit scoring. Depending on the airline transfer partner, Amexs Membership Rewards can be worth an average of 2 cents apiece, according to the latest valuations by The Points Guy. Welcome bonus: 100,000 Membership Rewards points after spending $6,000 on purchases on the card in the first 6 months of card membership. The Amex Platinum card gives the same Priority Pass Select Lounge access upon enrollment plus same-day flight access to the Global Lounge Collection, Airspace lounges, Delta SkyClub lounges, Escape Lounges-The Centurion Studio Parter, select Lufthansa Lounges, Plaza Premium Lounges, and the Centurion Lounges. Cardholders earn 4X points at restaurants and at U.S. supermarkets (up to $25,000 a year in U.S. supermarket purchases, then 1X). Elite status with Hertz, Avis and National Car Rental with enrollment. Well use the last four digits of your Social Security number to get your approval odds. FICO, the most widely known credit scoring model typically uses a scale of 300 to 850. And if youre seeking plush travel perks, the card doesnt come with any. $189 CLEAR Credit: Use your Card and get up to $189 back per year on your CLEAR membership. All ratings are determined solely by our editorial team. Earn Unlimited 2x miles on every purchase, every day, New Offer! The Capital One Venture X Rewards Credit Card is packed with extras that put it firmly in competition with the Amex Platinum and Chase Sapphire Reserve, but at an annual fee$395that leaves the others far behind. That said, the card stands head-and-shoulders above the majority of rewards cards when it comes to both its welcome bonus and annual bonus (factoring in the value of perks like Uber credits and Priority Pass membership). Editorial Note: We earn a commission from partner links on Forbes Advisor. Frequent flyers of Delta Airlines may be particularly interested in the Platinum card because, as a special partner of Delta, Amex offers point transfer to Delta as well as Delta Sky Club access for all Platinum cardholders. That earning potential, along with the Venture X cards annual travel credit and annual anniversary bonus miles can easily offset the cards annual fee. Luckily,American Express offers preapprovalon many of its cards, including the Amex Platinum. Most transfers happen at a 1:1 rate, but its possible to get twice as much value out of your points. CLEAR membership fee credit each year with enrollment. Theintroductory offer on the Platinum cardis among the best available among rewards cards in its class 100,000 points if you spend $6,000 in the first six months. The bonus categories cover a lot of common areas of spending making it a sol For fledgling credit builders, the is the equivalent of having your hand held through the process. Privacy Policy. There are even more places your Platinum Card can get you complimentary entry and exclusive perks. $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year in baggage fees and more at one select qualifying airline. Platinum Card from American Express, 1 (up to 500,000 points, 0.5 cent thereafter), Other travel purchases on American Express Travel, Shopping partner (Amazon, Best Buy, Boxed, Grubhub, Newegg, Rite Aid, Seamless, Staples), Excise tax offset fee (for transfer to travel partner), 5X points for flights booked directly with airlines using American Express Travel (on up to $500,000 on these purchases per calendar year), 5X points for eligible prepaid hotels booked with American Express Travel, 100,000 points if you spend $6,000 in first 6 months, $240 digital entertainment credit (up to $20 in statement credits each month at eligible providers Peacock, Audible, Disney+, The Disney Bundle, ESPN+, Hulu, SiriusXM, and The New York Times, enrollment required), $100 Global Entry or $85 TSA Precheck credit every 4 years, Up to $200 airline fee credit (up to $200 in statement credits per calendar year for fees like baggage fees at one qualifying airline), Up to $200 Uber Cash credit annually on U.S. rides and eats, Up to $200 hotel credit on prepaid Fine Hotels + Resorts or The Hotel Collection bookings (which requires a minimum two-night stay), Up to $300 Equinox credit (up to $25 back each month on eligible Equinox memberships, enrollment required), Up to $100 Saks Fifth Avenue credit ($50 semi annually, enrollment required), Redeem points for gift cards, shopping, travel, entertainment, merchandise or charity, Use points for all or a portion of qualifying travel purchases, Transfer points to a host of airline partners, including Delta Airlines, Must redeem travel rewards through American Express Travel, Google Play Store mobile app rating: 4.3/5, Carries thousands of dollars worth of travel and lifestyle credits, which gives users plenty of chances to offset the annual fee, Complimentary access to the largest number of airport lounges of any travel credit card, Automatic elite status with two of the largest hotel networks, giving travelers the freedom to stay in more placesand enjoy upgraded perks, Flexibility: Redeem points for gift cards, shopping, travel, entertainment, merchandise or charity, Versatility: Transfer points to a host of airline partners to find the best value, High annual fee: If the majority of discounts and upgrades that come with the card dont fit your lifestyle, it will be difficult to offset the annual fee, Low rewards rates: Other premium travel cards with smaller annual fees offer higher travel rewards in select areas and include non-travel categories like dining, which can make it easier to earn rewards quicker, Not all of the credits will have broad appeal, which will decrease the cards value for a lot of users, 10 points per dollar on Lyft purchases (through March 2025), 10 points per dollar on hotel and car rental purchases through Chase Ultimate Rewards, 5 points per dollar on air travel purchases through Chase Ultimate Rewards, Earn elevated rewards on all travel purchases immediately after earning the $300 annual travel credit, 10X miles on hotels and rental cars booked through Capital One Travel, 5X miles on flights booked through Capital One Travel. The card earns 2 miles per dollar on all eligible purchases, 5 miles per dollar on flights booked through Capital One Travel and 10 miles per dollar on hotels and rental cars when booking via Capital One Travel, comes with an annual travel credit of up to $300 in statement credits when booking through Capital One Travel and ability to enroll for complimentary Priority Pass Membership. That depends on the user. What credit score is required for Amex cards? She's been featured as a personal finance expert in outlets including CNBC, Business Insider, CBS Marketplace, and has appeared on or contributed to Fox News, CBS Radio, ABC Radio, NPR, International Business Times and NBC, ABC and CBS TV affiliates nationwide. $300 Equinox Credit: Get up to $25 back each month on the Equinox+ digital fitness app, or eligible Equinox club memberships when you pay with your Platinum Card. This compensation comes from two main sources. Opinions expressed therein are solely those of the reviewer and have not been reviewed or approved by any advertiser. Past performance is not indicative of future results. This makes it easy to quickly find the answers to simple questions. Were sorry, but something went wrong and we couldnt find your approval odds. If you cant take advantage of all the premium perks, you might be better off with a travel card with a smaller price tag. Another option is to pay with points at checkout with select retailers like Amazon, Best Buy, Boxed.com, Saks Fifth Avenue, and more. $200 Uber Cash: Enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. If you are looking forward to more travel this year and beyond and feel confident youll take advantage of the luxury perks that come with the Amex Platinum, the annual fee should not deter you, as the value of these perks and the rewards youll earn on travel can easily cover the cost. That's $900 toward travel when you redeem through Chase Ultimate Rewards, For a limited time, earn 80,000 bonus ThankYou Points after you spend $4,000 in purchases within the first 3 months of account opening. Stephanie Zito, Partner Offer: Terms Apply to the offers on this page. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. But to make matters worse, some redemption options are worth even less than 1 cent. Frequent flyers who can take advantage of that rate will get far more value out of the Platinum cards rewards program. Earn Unlimited 2x miles on every purchase, every day. Uber Cash totaling $200 in up to $15 per month increments (up to a total of $35 bonus in December) each year when you link your eligible card to your Uber account. Although the Platinum card doesnt have a very impressive rewards program, the card more than makes up for its annual fee with upfront perks for all cardholders. Some cards offer bonuses for dining and others for U.S supermarket spending, but the American Express Gold Card is an industry leader by offering 4 Membership Rewards points per dollar at restaurants, plus takeout and delivery in the U.S., 4 Membership Rewards points per dollar at U.S. supermarkets (on up to $25,000 per calendar year in purchases, then 1 point per dollar), 3 Membership Rewards points per dollar on flights booked directly with airlines or through American Express travel and 1 point per dollar on other eligible purchases. Youll still earn 5X points on flights booked directly with airlines or with American Express Travel (on up to $500,000 spent per calendar year) as well as 5X points on prepaid hotels booked with American Express Travel. See related:What credit score is required for Amex cards? The Capital One Venture X comes with same-day flight access to Priority Pass Select lounges upon enrollment and access to the small-but-growing Capital One Lounge network. Those points are worth 50% more when redeemed for travel through the Chase Ultimate Rewards travel center and points can be transferred at a 1:1 ratio to airline and hotel partners like United and Hyatt.