SuperMoney
  The Platinum Card® from American Express
The Platinum Card® from American Express Claimed

The Platinum Card® from American Express

Claimed
SuperMoney Net Recommendation Score +38  

SUPERMONEY NET RECOMMENDATION SCORE

This product is mostly recommended by SuperMoney users with a score of +38, equating to 3.8 on a 5 point rating scale.

+38

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

Mostly recommended

5 users recommend
1 user is unsure
2 users don't recommend
Explore a similar product
Try this top product in Personal Credit Cards.
Upgrade Triple Cash Rewards Card
Upgrade Triple Cash Rewards Card 20 reviews
Highlights
Community Rating Mostly recommended
Purchase APR  (Variable APR) 15.99% - 22.99%
Balance Transfer APR  (Variable APR) N/A
Credit Score Range 700 - 850
Annual Fee $695
Number of Reviews 8

The Platinum Card® from American Express Review

This is a rewards credit card issued by American Express National Bank. If you're wondering whether The Platinum Card® from American Express is the right card for you, read on. This review will provide you with with all the details you need to make a good choice.

Key Takeaways
  • Generous reward rate. You will get a rewards rate of up to 10 reward points per dollar spent.
  • Signup bonus. Offers a signup bonus of 100000 points after spending $6,000 within 6 months that can be redeemed for travel, gifts, or other perks.
  • Competitive APRs. The Platinum Card® from American Express has a variable purchase APR that ranges from 15.99% up to 22.99%.
  • No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
  • Accepts cosigners. American Express National Bank is one of the few credit card issuers that allows applicants to include a cosigner. Adding a cosigner can really improve your approval chances if your credit is not great.
  • Airport Lounge Access. Benefits like airport lounge access can add luxury to your travel experience.
  • Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, airline credit, access to a concierge, emergency support, extended warranty protection on purchases, identity theft protection, purchase protection, travel accident insurance, travel assistance, trip cancellation insurance, and fraud protection.
  • Good or better credit required. You will have low approval odds if your credit score is below 700.
Pros & Cons of The Platinum Card® from American Express
The Good The Bad
  • Get $200 back in statement credits each year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings with American Express Travel.
  • With your Platinum Card®, you'll receive $15 in Uber Cash for rides or eats orders in the US every month plus a bonus $20 in December1, delivered through an exclusive Uber app experience. That's up to $200 for Uber rides or eats orders annually.
  • You can cover the cost of a CLEAR membership with up to $179 in statement credits per year.
  • Potentially lower than average purchase APRs.
  • Multiple credit card perks.
  • Airline Credit.
  • Offers auto rental collision damage waiver.
  • Access to a concierge.
  • Extended warranty on purchases.
  • Global Entry/TSA Pre✓®.
  • Identity Theft Protection.
  • Travel accident and travel assistance insurance.
  • Trip cancellation insurance.
  • No foreign transaction fee.
  • Cardholders can earn rewards on their purchases.
  • The Platinum Card® from American Express reports to multiple credit bureaus.
  • Requires good to excellent credit.
  • Charges an annual fee of $695
The Platinum Card® from American Express FAQ

Does The Platinum Card® from American Express have a cash back or rewards program?

The Platinum Card® from American Express is a travel rewards card.

The Platinum Card® from American Express Rewards
Minimum rewards rate 1x
Max rewards rate 10x
Annual rewards limit N/A
Signup Bonus (Points/Miles) 100000
Signup Bonus Spend Requirement $6000
Signup Bonus Spend Period (months) 6 months

Does The Platinum Card® from American Express have a signup bonus?

This card doesn't offer a cash signup bonus. However, it does include a 100000 points signup bonus after spending $6000 that can be redeemed for travel, gifts, or other perks.

Does The Platinum Card® from American Express offer an annual loyalty bonus?

This card doesn't offer a cash loyalty bonus.

What are the The Platinum Card® from American Express benefits?

It provides the following benefits:

  • Auto Rental Collision Damage Waiver
  • Emergency Support
  • Extended Warranty Protection
  • Trip Cancellation Insurance
  • Zero fraud liability
  • Travel Accident Insurance
  • Cell Phone Protection
  • Travel Assistance
  • Reports to major credit bureaus

What are the relevant APRs for The Platinum Card® from American Express?

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. This card has lower than average regular APRs.

The Platinum Card® from American Express has a variable purchase APR that ranges from 15.99% up to 22.99%. It also has a variable cash advance APR of 25.24% . Note that late payments are subject to an APR of 29.99% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.

Does The Platinum Card® from American Express have an intro APR offer on balance transfers?

No, it does not come with an intro APR offer for balance transfers.

Does The Platinum Card® from American Express have an intro APR offer on new purchases?

This card does not offer an intro APR rate on new purchases.

What are the fees for The Platinum Card® from American Express?

The following fees apply:

The Platinum Card® from American Express Fees
Fees Amount
Annual Fee $695
Foreign Transaction Fee 0%
Returned Payment Fee up to $40
Late Payment Fee up to $40

Does The Platinum Card® from American Express have a foreign transaction fee?

This card does not charge foreign transaction fees. If you are a frequent traveler, avoiding foreign transaction fees can save you hundreds of dollars in fees when you travel out of the country.

What is the support contact email for The Platinum Card® from American Express?

The support contact email for The Platinum Card® from American Express is info@americanexpress.com.

How do people rate the customer service and user experience of The Platinum Card® from American Express?

Overall, The Platinum Card® from American Express is mostly recommended based on community reviews that rate customer service and user experience.

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

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

  • Equifax
  • Experian
  • Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How to apply for The Platinum Card® from American Express

  • Visit the The Platinum Card® from American Express website.
  • Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
  • Check the information is accurate and submit your application.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Hours of Operation

  • Sunday 7:00am - 12:00pm
  • Monday 7:00am - 12:00pm
  • Tuesday 7:00am - 12:00pm
  • Wednesday 7:00am - 12:00pm
  • Thursday 7:00am - 12:00pm
  • Friday 7:00am - 12:00pm
  • Saturday 7:00am - 12:00pm

Other Services by American Express National Bank

Icon for Personal Credit Cards
View all personal credit cards offered by American Express National Bank

Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Foreign Currency Transaction Fee 0%
No Foreign Transaction Fee
No Interest Grace Period for Late Payment 25 days
Cash Advance Fee Minimum $10
Cash Advance Fee (%) Up to 5%
Minimum Cash Advance Fee ($) Starting at $10
Annual Fee $695
Returned Payment Fee Up to $40
Additional Card Fee Amount $175
Late Fee Amount Up to $40
Customer Type Personal
Minimum Age 18
Co-signing Allowed
Supported Income Types
  • Direct Deposit (W2, SSA, SSDI)
  • Cash
  • Payroll Check or Prepaid Card
  • 1099 Misc. Income
Military Status
  • Active Duty Military
  • Non-Military
  • Veterans
  • Military Dependent
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Other
  • Retired
  • Self-Employed
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Credit Score Range 700 - 850
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Credit Card Benefits
  • Identity Theft Protection
  • Auto Rental Collision Damage Waiver
  • Extended Warranty Protection
  • Purchase Protection
  • Trip Cancellation Insurance
  • Emergency Support
  • Fraud Liability
  • Cellular Telephone Protection
  • Travel Accident Insurance
  • Global Entry / TSA Pre✓®
  • Travel Assistance
  • Concierge
  • Airline Credit
  • Airport Lounge Access
Annual Airline Credit Up to $200
No Reward Expiration Period
Rewards Categories
  • 5x Points on Airfare up to $500000 annually
  • 5x Points on Hotels
  • 10x Points on Restaurants up to $25000 biannually
  • 1x Point on Every Purchase
  • 10x Points on Select Merchants up to $25000 biannually
Signup Bonus (points) 100,000
Cash Advance APR (Variable APR) 25.24%
Balance Computation Average Daily Balance method (including new transactions)
Penalty APR (Variable APR) 29.99%
Purchase APR (Variable APR) 15.99% - 22.99%
Card Type
  • Rewards
  • Travel
  • Bonus Offers
Card Network American Express

The Platinum Card® from American Express Community Reviews

 

Would you recommend The Platinum Card® from American Express to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
(will require moderator approval)

SUPERMONEY NET RECOMMENDATION SCORE

This product is mostly recommended by SuperMoney users with a score of +38, equating to 3.8 on a 5 point rating scale.

+38

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

sorted by

American Express National Bank Personal Credit Cards

Loading...