American Express
Platinum
What it is
The Platinum is an American Express card earning Membership Rewards points. Its ongoing value can outweigh the annual fee, making it a potential keeper past year one. Amex's flagship premium charge card — Centurion and Priority Pass lounge access plus a deep stack of annual credits worth more than the fee on paper. A keeper only if you'll actually burn the hotel, dining, Uber, and entertainment credits; otherwise the steep fee is hard to justify once the welcome bonus is banked.
Offer history
Value is the welcome bonus at your valuations. The Year 1 total also counts recurring benefits and subtracts the annual fee. Spend / mo (the dashed line, right axis) is the monthly pace to clear the minimum spend in time — shown on every view so the spend stays in context.
| Offer | Bonus | Value | Year 1 | Return | Date |
|---|---|---|---|---|---|
PUBLIC | 80,000$8k · 180d | $1,200 | $1,766 | 22% | Feb ’26 |
INCOGNITOYMMV ATH | 175,000$12k · 180d | $2,625 | $3,191 | 27% | Feb ’26 |
AF $695 → $895 · Sep 2025 | |||||
PUBLIC | 175,000$8k · 180d | $2,625 | $2,540 | 32% | Jun ’25 |
What you get
- Hotel credit (FHR)$600per year
Up to $600 a year ($300 every six months) on prepaid stays booked through Fine Hotels + Resorts or The Hotel Collection (two-night minimum at The Hotel Collection).
- Resy dining credit$400per year
Up to $400 a year ($100 per quarter) at U.S. restaurants booked through Resy.
- Centurion Lounge$325per year
Amex Centurion Lounges — premium (no public membership). Guests paid by default (free only after $75k/yr spend). From Jul 8 2026: guests same-flight, 5-hour layover cap.
- Digital entertainment$300per year
Up to $300 a year ($25 a month) on eligible digital subscriptions including Disney+, Hulu, ESPN+, Peacock, The New York Times, The Wall Street Journal, and YouTube TV.
- Equinox credit$300per year
Up to $300 a year toward an Equinox gym membership or the Equinox+ app.
- SoulCycle credit$300per year
Up to $300 a year toward a SoulCycle at-home bike purchase.
Dollar figures are the benefit’s face value. What it’s worth to you — after realistic usage and your own point values — is in the receipt below.
The receipt
standard values| SUB value | +$1,200 |
| 80,000 MR × | |
| Benefits (Year 1) | +$1,461 |
↳ $4,414 at sticker value — before custom valuations Ongoing Hotel credit (FHR)($300/semi × ) Hotel credit (FHR) $300/semi × $270 Resy dining credit($100/qtr × ) Resy dining credit $100/qtr × $180 Digital entertainment($25/mo × ) Digital entertainment $25/mo × $150 One-time Global Entry credit($120 × ) Global Entry credit $120 × ~$30 | |
| Annual fee | −$895 |
| Year 1 | $1,766 |
| Return for spending $8k | 22% |
Sign in to fold in your eligibility, spend-fit, and 5/24.
Related cards
Platinum scores 48 here on standard point values. See where it ranks against every card, scored for your points, spend, and eligibility.
Open the ranked table →