What value do you really get from the new Amex Platinum?

The American Express Platinum Card® has recently been refreshed with new advantages and improved advantages, including a welcome bonus worth 175,000 Rewards® membership points (after spending $ 8,000 in the first six months) and up to $ 600 of annual hotel credit on certain prepaid hotel reservations via Amex Travel (up to $ 300 semi-anneged).

However, the refreshment has also increased annual costs to $ 895, so it is more important than ever to review the advantages of the card, which is worth more than $ 3,500 each year, to see the value you can get.

Find out more: Best travel credit cards

American Express added various new advantages to the AMEX Platinum while upgrading some existing advantages.

• Advantage: Get up to $ 600 in hotel credit on certain prepaid hotel reservations via Amex Travel (up to $ 300 semi-ANNUALLY)

• Usability: AVERAGE

• Potential annual value: $ 600

You can get up to $ 300 in statement credits each half of the year on fine prepaid + complexes or reservations from the hotel collection via Amex Travel. The use of this credit depends on where you live and your travel schedule.

Large cities generally have many options to book beautiful + complex hotels and the hotel collection. You can also use this credit to add one night to existing travel plans.

However, the fact that you have such specific requirements for this credit increases its level of usability to medium.

Find out more: Best hotel credit cards

• Advantage: Get up to $ 300 of annual digital entertainment credit ($ 25 back per month); Registration required

• Usability: Easy

• Potential annual value: $ 300

If you use streaming services, this credit should be easy to use. You will get up to $ 25 each month on Paramount +, YouTube Premium, YouTube TV, Disney +, a Disney +Bundle, Espn +, Hulu, the New York Times, Peacock and the Wall Street Journal.

This advantage allows you to receive up to $ 100 per quarter on purchases in RESY restaurants. According to experience, you don’t have to use the Resy platform; Just make a purchase in a restaurant associated with Resy.

We have given this an average use score because not all markets have many Resy restaurants. This credit is much easier to use if you live in a big American city or often travel to larger cities.

Find out more: Best credit cards for restaurants

Up to $ 75 per quarter on Lululemon purchases should be easy to use because you get free standard delivery on online purchases in North America. However, we have given that an average use score because it can be difficult to find something you want every quarter, and you can simply not buy very often at Lululemon.

In relation: Should you use credit card rewards to shop or travel?

• Advantage: Get up to $ 120 Uber One Membership Credit each calendar year for an Uber One subscription to be renewed automatically in the United States

• Usability: Easy

• Potential annual value: $ 120

This credit is easy to use: you just have to use your card to pay an eligible Uber One membership. This does not mean that Uber One membership is worth $ 120 to everyone; It depends on where you live and the frequency you use Uber.

You can get up to $ 200 of statement credits each calendar year when you use your card to buy an Oura ring via Ouraring.com.

This credit is difficult to use because our rings are generally more expensive than $ 200, and you need to pay a subscription to obtain significant data from your ring. Given that this credit is specifically for the purchase of a ring and not an Oura subscription, we do not see many people get too much value, unless they can resell older generation models.

• Advantage: Receive the status of sterling from the club of leaders of the main hotels in the world; Registration required

• Usability: Hard

• Potential annual value: Varied

The main hotels in the world are a luxury hotel collection with more than 400 properties worldwide. This advantage is useless if you do not plan to stay in any of its hotels. However, Sterling’s elite status can allow visitors to some beautiful advantages on the status of the club, including five pre-arrival upgrades per year and the status of Sixt Platinum.

These are existing credits that have largely remained the same.

To use this credit, you must select an eligible airline, then you can receive up to $ 200 in civilian declaration credits for airline incident costs, such as recorded bags or flight purchases.

It is not the most difficult credit to use if you often fly, but it would be much better if you could use it on direct flight reservations with an applicable airline.

Find out more: Best Airline Credit Cards

This credit covers the cost of a more annual Clear subscription, which can help accelerate your time by queuing at the airport. It is very easy to use this credit, but it is only useful if your airport has clear kiosks.

This is an excellent advantage because Walmart + comes with a Free Paramount + essential or Peacock Premium subscription. So, whether or not you buy from Walmart, you can always get value.

If you also shop at Walmart, free Walmart + free delivery is pleasant.

Find out more: Best credit cards to shop at Walmart

• Advantage: Get up to $ 200 in annual cash ($ 15 Uber cash per month for Uber rides or Uber Eats orders, plus a $ 20 bonus in December)

• Usability: Easy

• Potential annual value: $ 200

According to personal experience, we found this advantage very easy to use on Uber Eats collection controls. There are a lot of restaurant options near where we live, so we offer to take at least once a month.

• Advantage: Get up to $ 100 of annual credit SAKS FIFTH avenue ($ 50 semi-only return); Registration required

• Usability: AVERAGE

• Potential annual value: $ 100

This is not our favorite advantage, because SAKS FIFTH AVENUE is so expensive, and $ 50 in half -yearly credit do not give you much, especially when you plan to take into account the cost of online shipping.

• Advantage: Receive a credit of $ 120 every 4 years for a global application or a credit up to $ 85 every 4.5 years for an ASA PRECHECK request price (through an official IDG registration provider)

• Usability: Easy

• Potential annual value: About $ 20 at $ 30

This credit is quite easy to use and precious. We had countless experiences by zooming in the ASA precedes or the overall entry lines while the standard lines move much more slowly. The right thing about this advantage is that you don’t have to use it for the card holder; It works when you also pay eligible requests from a friend or family member.

In relation: World entry against TSA Precheck: How do they work and which one do you need?

• Advantage: Receive up to $ 300 in declaration credits each calendar year on membership fees for eligible American equinox memberships or an autonomous subscription to Equinox +

• Usability: Hard

• Potential annual value: $ 300

This advantage is so specific that it is essentially worthless. There are so few equinox locations that most people could not visit regularly. As for Equinox + Digital membership, AMEX Platinum card holders can obtain an annual subscription for $ 300, but its value depends on the question of whether its features are aligned with your fitness objectives.

We are not going to assign values ​​or scores of use to these, but do not forget other advantages, such as the welcome offer for new members of the eligible card, the reward rate, access to the airport show and elite status with the honors of Marriott Bonvoy and Hilton.

A generous welcome bonus can provide more than enough value to compensate for annual costs, at least for the first year.

Find out more: Best registration bonuses by credit card and welcome offers

The Amex Platinum is worth it if you can use a lot or all the advantages without hassle. After all, it potentially offers more than $ 3,500 of annual value for annual fees of $ 895.

However, our greatest reproach with the Amex Platinum, other than its enormous annual costs, is that many of the advantages are specific and annoying.

For example, the airline credit for up to $ 200 of $ 200 of reports every year would be much better if it operated to book flights directly on any available airline. But this is not the case. It is deliberately designed for accessory costs, such as luggage costs recorded.

The same goes for the credit of the improved hotel. It is great to win up to $ 600 per year ($ 300 semi -purpose) in declaration credits for hotel stays, but it only works on fine + complex hotels and prepaid reservations from the hotel collection made via Amex Travel. So, it’s not like you could just take any hotel you want, book your stay and expect your credit.

That said, there is still a place for the Amex Platinum in the portfolios of people who can make it work for them, in particular the new card holders who can enjoy a generous welcome bonuses.

Find out more: Examination of American Express Platinum cards: an elite travel card with first class advantages

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