Overview

Who is this credit card designed for?

Platinum Card from American Express® is a credit card issued by American Express Bank, which is based in New York, NY. 

Platinum Card from American Express® is designed for people with a credit score of 700 to 850. A rewards program is included that allows you to convert your purchases into travel, gifts, or other perks.

What are the relevant APRs?

Is an introductory APR offer available?

No, Platinum Card from American Express® does not come with an introductory APR offer for balance transfers.

Platinum Card from American Express® does not offer an introductory rate on new purchases.

What are the fees?

The following fees apply to Platinum Card from American Express®:

• An annual fee of $550. Make sure the rewards and benefits of this card justify the cost of the annual fee.
• A late payment penalty of $38.
• A returned payment fee of $38.

Is a rewards program offered?

Platinum Card from American Express® offers a rewards program to its customers. This card features rewards for purchases in the following categories:

• Airfare
• Every Purchase
• Hotels

Is a signup bonus offered?

Platinum Card from American Express® doesn't offer a cash signup bonus. However, it does include a 60000 points signup bonus after spending $5000 that can be redeemed for travel, gifts, or other perks.

Is an annual loyalty bonus offered?

Platinum Card from American Express® doesn't offer a cash loyalty bonus.

What additional benefits are offered?

 Platinum Card from American Express® provides the following benefits:

• Auto Rental Collision Damage Waiver

• Emergency Support

• Extended Warranty Protection

• Fraud Liability

• Travel Accident Insurance

• Travel Assistance

• Global Entry

• Reports to major credit bureaus

Does Platinum Card from American Express® report your account activity to credit bureaus?

Platinum Card from American Express® reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular and on-time payments on a credit card that reports your account activity to credit bureaus will demonstrate that you consistently manage debt well and can help increase your credit scores.