American Express Platinum is among one of the premium travel cards known for its exclusive perks and luxury lounge access. The card membership is priced at $550 annually, which is on the higher end, but is suited for those who seek comfort and ease during their travels.
We’ll be reviewing the perks that make an American Express Platinum card attractive.
Airline Credits to cover incidental expenses
You can get reimbursement for in-flight refreshments and checked baggage fees from a single airline of your choice among the qualifying airlines. You must pay for the incidental fees using your American Express Platinum card to be eligible for the airline credit up to $200 per year.
Being a basic platinum cardholder, you can get a monthly credit of $15 for the rides you take on Uber in the US. You also get a $20 bonus in December and are eligible for Uber VIP benefit. To avail this perk, you must link your card as a payment method in the Uber app. The credit received each month cannot be carried forward to the next month. The offer is available on the Uber App version 3.363.10000 or later for iOS and version 4.274.10000 or later for Android.
Saks Shopping Credit
By enrolling your Saks online or in-store purchase you can get a shopping credit for up to $100 per year. A $50 credit is available between January through June and another $50 is available from July to December. Purchase made using gift cards or at an outlet, Saks locations are not considered for reimbursement. The statement credit will be rolled back if the purchase is canceled or returned. Payment made directly using your card will be considered for the shopping credit.
Travel Program Credit
If you have applied for Global Entry Program ($100 fee) or TSA PRE? ($85 fee) then you can get a refund for your application form fee. To receive the credit you have to pay for it using your American Express Platinum card. You receive one statement credit for every 4 years for Global Entry and 4.5 years for TSA PRE?. An additional card on your account is also eligible for one statement credit.
Waiting is a part of the journey when you have to frequently travel. To make your wait comfortable you can access one of the many lounges that are offered by Amex globally. You can gain access to Centurion Lounge, International American Express lounges, Escape, Airspace, Delta Sky Club (Flying with Delta) and Priority Pass Select lounges. Your boarding pass should reflect same-day travel and as a Platinum cardholder. You may bring up to two companions into the Centurion Lounge. Two guests can accompany you for no additional cost to Priority Pass lounges that accept guests.
The Hotel Collection
You can get a $100 hotel credit when you stay for two consecutive nights at the participating properties that fall under this program. The credit can be used for spa, dining or activities at the resort. The hotel collection consists of more than 600 properties which include brands such as Hyatt and Hilton. Based on room availability you could get a complimentary room upgrade. To be eligible for the perk, the reservation must be made using an AmEx Travel website and payment with your Amex Platinum card.
Hilton Honors Gold Status Enrollment
By being a platinum card member you can get direct enrollment into the Hilton Honors Gold status wherein you will be entitled to a complimentary breakfast, along with an additional guest at selected brands. You will be able to earn 5th night free on all reward stays which are booked using points. You also get to enjoy complimentary WI-FI, room upgrades when available and two complementary bottles per stay among other benefits.
Global Dining Collection
By calling the concierge number at the back of your card, you can have access to some of the best fine dining restaurants and special events.
Marriott Bonvoy Gold Elite Status
As a platinum cardholder, you could enroll in the Marriott Gold Elite status without having to worry about the required criteria or fees. Gold elite status will earn you 25% more points on all eligible purchases made at Marriott hotels for spa, dining and incidental room charges. Late check out, enhanced room upgrade, complimentary in-room entertainment access, and ultimate reservation guarantee are some of the other perks that are available to you.
Fine Hotel & Resorts
By reserving a room through Amex travels or Platinum travel service you can receive exclusive benefits such as complimentary breakfast for two, free Wi-Fi, afternoon check-in, spa, food, and beverage credit. To know more about the exclusive offers, you can click on the link.
Earning Rewards with American Express Platinum Card
When we speak of travel benefits, we cannot miss out mentioning the membership reward earning potential on the Platinum card.
You can earn 5x points when you directly book a flight with an airline or through Amex Travel. Also, you can earn 5x points if you book a prepaid hotel room using Amextravel.com.
Amex has an attractive welcome bonus offer for its new cardholders. You can get 65,000 points after you spend $5000 within the first three months on purchases.
The points that accumulated in your account can be used towards booking your trips. The option to transfer the points to other travel program is also available. While your purchases on direct flight booking with an airline or prepaid hotels may earn 5x points, all other purchases earn 1x point per dollar. No fees for Foreign Transactions
Many of the no annual fee personal credit cards from Amex charge a foreign transaction charge of 2.7% on transactions. However, with a Platinum card from Amex you do not pay any foreign transaction fees.
Travel and Shopping Protection Coverage
Baggage Insurance Plan: You could get a reimbursement in case your checked-in or carry on baggage is damaged or lost. To be eligible for this coverage, the cost of the ticket should have been charged to your card. The coverage is up to the amount of $3000 for each person on the trip and $1000 for high-risk items.
Roadside assistance: You can call roadside assistance to receive free services such as towing up to 10 miles, winching, flat tire change when a spare is available to you in good condition and for two gallons of fuel delivered. The roadside assistance is free for the first four times each calendar year. To know more about the inclusions and exclusions you can refer to the link here.
Car Rental Insurance: You are covered against damage and theft of a rental vehicle if you have paid for the rental using your American Express Platinum card. The card offers secondary coverage and to be eligible for a claim you should have declined the insurance offered by the rental company. The maximum rental period covered is thirty days. This coverage is not available in certain countries and on certain types of vehicles, details of which are listed in the guide to benefits.
Premium Global Assist Hotline: In case you require help with lost passport, translation service or a medical referral than the Global Assist Hotline is available to assist you by providing referrals to resolve the issue. Any cost for service undertaken is to be paid by the cardholder.
Return Protection: If the store has refused to accept an item that you’re returning you could be eligible for a refund under the return protection benefit. You get up to 90 days from the date of purchase to raise a claim request. The coverage is up to $300 per item and up to $1,000 for each account per year. Jewelry, perishable items, and software’s are few of the things which are ineligible for this benefit.
Purchase Protection: When you pay fully or partially for an item using your American Express Platinum card and the item is lost or damaged, then you may be covered under the purchase protection benefit. This gives you 120 days of coverage from the date of purchase to file a claim in case an eligible item is damaged or lost or stolen. The maximum coverage is up to $10,000 per occurrence, $50,000 per calendar year. Few states are eligible to receive only 90 days of this benefit.
Extended Warranty: You can receive up to two years of extended warranty on items which have an original manufacturer’s warranty of less than five years.
American Express Platinum may suit those frequent travelers who have high spending and can utilize all the benefits which are offered as credits. The annual fee on American Express Platinum is among the highest. Other travel cards such as Sapphire Reserve, Capital One® Venture® Rewards is worth the time if the annual fee is a point of concern.