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American Express credit card

American Express Platinum Card®

$895 a year. Purchase APR 29.49%. No foreign transaction fees.

Checked Nov 1, 2026Updated

Annual fee
Purchase APR
Foreign transactions

Select an underlined figure to see where it comes from.

In dollars

What it’s worth

Yearly value in dollars: rewards and credits minus the annual fee, for three ways of spending. First year includes any welcome bonus.

SpendingValue against the feeFirst yearAfter
Light spender−$825−$825
Typical spender−$715−$715
Heavy spender−$500−$500
The spending each assumes, and what isn’t counted
  • Light spender: groceries $300, dining $100, gas $100, everything else $500 a month
  • Typical spender: groceries $600, dining $300, gas $200, travel $150, everything else $1,250 a month
  • Heavy spender: groceries $900, dining $600, gas $300, travel $600, airfare $300, hotels $300, everything else $2,500 a month

Assumed: points valued at 0.6¢, the program's statement credit for eligible charges value; not counted: 5x Flights purchased directly from airlines or through American Express Travel®; not counted: 5x Prepaid hotels.

−$825a year

The same in the first year and after.

Rewards and credits$70

−$825 after the fee−$895 annual fee

The spending this assumes

A month: groceries $300, dining $100, gas $100, everything else $500. Assumed: points valued at 0.6¢, the program's statement credit for eligible charges value.

−$715a year

The same in the first year and after.

Rewards and credits$180

−$715 after the fee−$895 annual fee

The spending this assumes

A month: groceries $600, dining $300, gas $200, travel $150, everything else $1,250. Assumed: points valued at 0.6¢, the program's statement credit for eligible charges value.

−$500a year

The same in the first year and after.

Rewards and credits$395

−$500 after the fee−$895 annual fee

The spending this assumes

A month: groceries $900, dining $600, gas $300, travel $600, airfare $300, hotels $300, everything else $2,500. Assumed: not counted: 5x Flights purchased directly from airlines or through American Express Travel®; not counted: 5x Prepaid hotels; points valued at 0.6¢, the program's statement credit for eligible charges value.

Use your own spending

Estimates from the published terms above, as checked Nov 1, 2026; not advice. How we value cards

Against the market

How it compares

Other points cards with fees over $300

Against this card, for our typical spender’s value (rewards and credits minus fees, after the first year).

Shares rounded to 5 points. Fees and APRs as stated; value for our typical spender. Method

Membership Rewards® Program

How you earn

5×
Flights purchased directly from airlines or through American Express Travel®Prepaid hotels
1×
Everything else

Points per dollar.

Benefits

  • Complimentary Leaders Club Sterling Status (The Leading Hotels of the World) (Includes a 5% Leaders Club points bonus on qualifying stays and 5 pre-arrival upgrades annually (subject to availability).)
  • Statement credit every 4 years after applying for Global Entry ($120), or statement credit after applying for a five-year TSA PreCheck membership (up to $85). If approved for Global Entry, TSA PreCheck access is included at no additional charge.
  • Centurion Lounges
  • Priority Pass membership (enrollment required)
  • 10 complimentary Delta Sky Club visits when flying on an eligible Delta flight
All 24 benefits
  • Other select partner lounges (Global Lounge Collection)
  • Leaders Club Sterling Status from The Leading Hotels of the World (enrollment required)
  • Complimentary premium status for select car rental programs (enrollment required; privileges viewable in American Express account)
  • No foreign transaction fees
  • Platinum Travel Consultants for custom itineraries and tailored recommendations
  • Fine Hotels + Resorts or The Hotel Collection bookings made through American Express Travel include complimentary benefits per stay, such as room upgrade on arrival when available (certain room categories excluded) and a $100 property credit toward eligible charges (The Hotel Collection requires a two-night minimum stay; effective January 1, 2027, Fine Hotels + Resorts bookings require a two-night minimum to be eligible for the $600 Hotel Credit)
  • Platinum Nights by Resy: reservations at participating top Resy restaurants on select nights in select cities
  • Special access at U.S. Resy restaurants when the Card is added to a Resy profile (exclusive reservations, premium dining experiences, Priority Notify)
  • Premium Events Collection experiences
  • Amex Presale Tickets and Amex Reserved Tickets access to select events
  • Enhanced stadium and arena experience at select venues (dedicated entrances or fast lanes); 10% back on qualifying concessions up to $250 per calendar year, one enrolled Card per Card Member
  • Amex Offers: extra rewards on qualifying purchases at select brands
  • Send & Split: split purchases with Venmo and PayPal users and get paid back as a statement credit; you earn rewards on the split purchase (enrollment required)
  • No Preset Spending Limit (flexible spending limit; a specific limit may be assigned in certain instances)
  • Cell phone: Up to $800 per claim
  • Purchase protection: Up to $10,000 per Covered Purchase, up to $50,000 per calendar year
  • Extended warranty: Up to the actual amount charged to the Eligible Card, up to a maximum of $10,000; not to exceed $50,000 per Card Member account per calendar year
  • Return protection: Up to $300 per item, up to a maximum of $1,000 per calendar year per Card account
  • Emergency assistance

Every figure with its receipt

Rates and fees

Annual fee
Purchase APR
Foreign transactions

Before you apply

  1. What the application asks: your name, address, date of birth, Social Security number (or ITIN), income and housing payment. By law the issuer must consider your ability to pay (Regulation Z, 1026.51).
  2. Your credit report: applying usually means a hard inquiry, which can lower your score slightly for a while. Some issuers let you check whether you’re pre-approved first without one. How credit reports work (CFPB)

Questions

What is the annual fee?
$895 · americanexpress.com, since Oct 21, 2026
Does it charge a foreign transaction fee?
No. · americanexpress.com, since Sep 29, 2026
What is the purchase APR?
29.49% APR · americanexpress.com, since Sep 29, 2026
See it on americanexpress.com

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