Tuesday, April 30, 2024

Amex Platinum card review: High annual fee with loads of perks

amex card design

Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc. It also appears on our list of the best cards for trip delay insurance. The Amex Platinum Card offers secondary car rental insurance when you use the card to pay for your rental in full and decline the rental company's collision damage waiver. Coverage is for theft or damage only (not liability) and some rentals, vehicle types, and countries are excluded, so be sure to read the terms. The card offers various digital entertainment credits, which are awarded in chunks of up to $20 per month (maximum $240 per year).

American Express® Gold Card

Check to see if your card is customizable and you might be in for a fun surprise. Credit cards, debit cards and gift cards are not just pretty things to carry with you; they are also important financial instruments. And while it's nice to carry around some bling, it's more important to look beyond the surface and judge a card based on its rewards, benefits and fees. But when you find a great credit card that's also beautiful to look at, even better.

Live: Request Amex Platinum With Artist Redesign

Select the “I want to change my Card's design” option and hit continue. You don't have to be a serious aviation aficionado to appreciate the special nature of a card made partially from retired Delta 747s. Delta Ship 6302 (N662US) flew for 66 million miles over 14,578 flights in its 28 years of service from 1989 to 2017, and Delta Ship 6310 (N670US) flew for 27 years for a total of 65 million miles over a span of 13,873 flights from 1990 to 2017. This new glossy white design inspired by clouds showcases the engineering and design details that are characteristic of the Queen of the Skies, including the four engines and the iconic forward "hump."

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The card is even one of our picks for best cards for travel insurance. A Walmart+ membership gets you free delivery, free shipping with no minimums, pharmacy discounts, and other perks — so if you're already a Walmart shopper it's a no-brainer to use this benefit. Again, if this is something you'd pay for anyway, these credits could amount to a nice little discount — but keep in mind that Equinox memberships are not cheap. For example, with a 12-month commitment, you'd pay $240 per month for membership at the Rockefeller Center location, and $275 per month if you want access to all U.S. clubs.

amex card design

Amex Platinum vs. Amex Gold

TSA PreCheck and Global Entry are absolute musts for just about any traveler. Once you enroll, you can use special lanes to breeze through airport security — you won't have to remove shoes and light coats, and you can leave your laptop in your bag. With Global Entry, you can use a fast lane when you return to the U.S. from abroad, which makes clearing immigration and customs easy and quick. If you travel regularly or live close to a city, this is an easy perk to get value from.

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amex card design

There are exclusions for high-risk items and some states have different limits, so check the terms and conditions for specific details. Amex recently made the Equinox credit more useful by making it usable toward any membership (previously was restricted to Equinox All Access, Destination, E by Equinox, or Equinox+). Equinox is a chain of high-end fitness clubs that are mostly located in large U.S. cities. The company's website lists 106 locations, 40 of which are in Manhattan, and the rest are sprinkled around places like Chicago, Miami, London, and Washington, DC.

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But if you don't travel very often and don't think you'll be able to put the card's many benefits to use, you'll likely be better off with another of the best rewards cards—some of which have annual fees under $100. With annual fees of $650, the Delta Reserve Amex (see rates and fees) and Delta Reserve Business Amex (see rates and fees) are the only Delta cards that still offer access to the Delta Sky Club network when flying Delta. Starting in February 2025, that will change to 15 complimentary visits per year, with unlimited visits if you spend $75,000 on eligible purchases on the card in a calendar year. You also get access to the American Express Centurion Lounges when you purchase a Delta flight with your card. Discover is a top credit card issuer that offers extensive customization options.

Amex Platinum Concierge

These editors thoroughly edit and fact-check the content, ensuring that the information is accurate, authoritative and helpful to our audience. Deferred interest plans are often advertised in retail stores as charging “no interest until” a certain date. After that date, however, the interest that has been accruing since the purchase date is charged to the account. Let's dig into the details and benefits to see whether having the Amex Platinum in your wallet makes sense for you.

Is the Amex Platinum Worth the Annual Fee?

You can follow this checklist of things to do when you receive your Amex Platinum card so you don't miss out on perks. When you pay for an eligible item with the Amex Platinum Card, you can be covered for loss or damage up to 90 days from the date of purchase, up to a maximum of $10,000 per occurrence and $50,000 per year. Amex has added cellphone protection to a number of premium cards, including the Amex Platinum Card. The downside is that CLEAR® Plus screening is only in select locations, so if the airports you travel through don't participate, this benefit is of little use to you. However, the program is also available at a handful of stadiums, so if you're a sports fan who likes to attend live games, this could end up being a good deal.

Cardholders will get up to $200 in credit each calendar year toward prepaid bookings at Amex Fine Hotels and Resorts or Hotel Collection properties (with a minimum of two-night stay) when they book with their card through Amex Travel. This credit expires at the end of every year and doesn't roll over, but you're only required to book by December 31 to receive the credit— your travel dates can be later. The programs cost $78 to $100, and American Express will provide a credit for that fee every four years (memberships are valid for five years).

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Depending on how creative you’re feeling, you could submit a photo of your dog, upload a custom pen-and-ink drawing or add your company logo. You could even submit a photo of yourself as an identity protection tool, making it harder for a thief to use your card in person. All you have to do is log into your account and click on Services, followed by Manage Card & Devices and then New Card Design. Expect to wait three to seven days to get your shiny new card in the mail.

Many of the top credit card and debit card issuers let customers have fun with their card designs. A growing number of credit and debit card companies are allowing their most style-conscious customers to choose from an array of fashionable designs – or customize their credit cards themselves by uploading their own photos. Nowadays, it seems every bank, airline and hotel offers a premium travel rewards card. But for a long time, The Platinum Card from American Express was the only premium rewards card on the market. With its sleek design and hefty metal weight, there was a bit of prestige attached to being an Amex Platinum cardholder. If you don't have a small business or aren't a big spender, the Amex Platinum Card is probably the better option, since the minimum spending requirement to earn the welcome bonus on the Amex Business Platinum Card is quite high.

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