Rental car insuranceGetting into your Rental Vehicle can be the start of a great vacation. When you use your Eligible Card to reserve and pay for the Entire Rental and decline the collision damage waiver at the rental Company counter, you can be covered for Damage to or Theft of a Rental Vehicle in a Covered Territory. Please read important exclusions and restrictions. Not all vehicle types or rentals are covered. Coverage is not available for vehicles rented in Australia, Italy, and New Zealand. This product provides secondary coverage and does not include liability coverage.Carried by 186 of 581 cards in the catalog
American Express
The Platinum Card
$895 a yearEverything this card owes you
12statement credits
$2,994.40at face value, a year
13protections included
2spend categories that earn extra
9 of those 12 credits pay nothing until they are activated.
Hotel credit$600
Resy dining credit$400
Lululemon credit$300
Digital entertainment credit$300
Equinox credit$300
CLEAR Plus credit$209
Airline fee credit$200
Oura Ring credit$200
What the number is made of
Your card carries $2,994.40 in credits.
Not points and not a valuation. Statement credits with real dollar amounts, attached to real things — a hotel night, a dinner, a membership, a flight you were taking anyway.
The card year
Every credit, on its own clock
The fee is the debit and every credit pays it back — but only inside the window it is live. Mark what you would really use and watch both the calendar and the balance change.
Selections start at “Never.” “Sometimes” counts a credit at 50% of its annual value; “I'd use this” counts it in full. Several of these credits have to be switched on in the issuer's app before they pay anything — that's the “needs activation” tag below.
CreditJFMAMJJASONDWould you use it?
Equinox credit$300face value$0you get backresets once a yearsharedneeds activation
CLEAR Plus credit$209face value$0you get backresets once a yearshared
Airline fee credit$200face value$0you get backresets once a yearsharedneeds activation
Oura Ring credit$200face value$0you get backresets once a yearsharedneeds activation
Uber One credit$120face value$0you get backresets once a yearsharedneeds activation
Global Entry / TSA PreCheck credit$30face value$0you get backresets once a yearone each
You get back$0Nothing selected yet — mark the credits you would use above.
Annual fee$895Charged in full, every year, whether you collect or not.
Your effective annual fee$895What the card really costs you once your credits are counted.
Window you would useWindow you would notCard anniversary, not the calendar
Activation
Benefits require activation. We make it easy to enroll in each perk.
Most premium card credits don't start paying automatically. Turn one on in the issuer's app before you count on it.
$0Mark the credits you would use above and this shows what has to be switched on before it pays.Get started — track your activations
How to activate each credit
Resy dining credit3 steps$400
- Enroll the card in the dining benefit
- Link the card inside your Resy account
- Pay at a participating restaurant with this card
Lululemon credit2 steps$300
- Activate the retail credit in the issuer app
- Spend with this card at the retailer
Digital entertainment credit3 steps$300
- Activate the entertainment credit
- Set one of the eligible services to bill this card
- Check the charge posts before the month ends
Equinox credit2 steps$300
- Activate the fitness credit
- Set the membership to bill this card
Airline fee credit3 steps$200
- Choose your airline for the year in the issuer app
- Buy a qualifying incidental with this card
- Re-select the airline each January
Oura Ring credit2 steps$200
- Activate the credit
- Buy direct with this card
Uber Cash2 steps$180
- Add the card as a payment method in Uber
- Confirm the card is the eligible one on the account
Walmart+ credit2 steps$155.40
- Start a monthly membership
- Pay with this card each month
Uber One credit2 steps$120
- Subscribe to the membership
- Set this card as the payment method
What you're covered for
The protections, and how rare they are
These carry no honest dollar value, so they stay out of the ledger above. What they have instead is scarcity: most cards don't carry them.
6 protections included on this card
Rental car insuranceGetting into your Rental Vehicle can be the start of a great vacation. When you use your Eligible Card to reserve and pay for the Entire Rental and decline the collision damage waiver at the rental Company counter, you can be covered for Damage to or Theft of a Rental Vehicle in a Covered Territory. Please read important exclusions and restrictions. Not all vehicle types or rentals are covered. Coverage is not available for vehicles rented in Australia, Italy, and New Zealand. This product provides secondary coverage and does not include liability coverage.Carried by 186 of 581 cards in the catalog
Cell phone protectionUp to $800 per claim (2 claims/12 months, $50 deductible) when the monthly bill is paid with the card.Carried by 57 of 581 cards in the catalog
Purchase protectionSometimes your favorite new purchase gets stolen, accidentally damaged, or lost. But when you use your Eligible Card for Covered Purchases, your Membership can help protect them for up to 90 days from the Covered Purchase date.Carried by 146 of 581 cards in the catalog
Extended warrantyWhy is it that as soon as a Manufacturer's Warranty runs out, something always seem to happen? Use your Eligible Card for Covered Purchases and you can have warranty protection for longer. Extended Warranty♦ matches the Original Manufacturer's Warranty for up to one additional year when you use your Eligible Card. Applies to warranties of 5 years or less on Covered Purchases in the United States or its territories or possessions.Carried by 178 of 581 cards in the catalog
Travel & emergency assistanceWhen you travel more than 100 miles from home, we can provide you with 24/7 medical, legal, financial or other select emergency coordination and assistance services. Emergency medical transportation assistance may be provided at no cost, if authorized and arranged by Premium Global Assist Hotline. Card Members may be responsible for the costs charged by third-party service providers. Emergency medical transportation assistance may be provided at no cost only if approved and coordinated by Premium Global Assist Hotline.Carried by 342 of 581 cards in the catalog
Return protectionWith Return Protection, you may return eligible purchases to American Express if the seller won't take them back up to 90 days from the date of purchase.Carried by 42 of 581 cards in the catalogWhat you get in
Access and status
7 access and status perks on this card
Airport lounge accessAccess to Centurion Lounges, Priority Pass Select, Delta Sky Clubs (when flying Delta), Escape and Plaza Premium lounges.Carried by 47 of 581 cards in the catalog
Concierge servicePlatinum Card Concierge is available 24/7 to help with anything from assisting with special dinner reservations to finding the perfect gift - simply call the number on the back of your Card and say "Concierge"" when prompted or send your Concierge request to [email protected] from the e-mail associated with your American Express account."Carried by 198 of 581 cards in the catalog
Car rental elite statusAvis Preferred Plus, Hertz Gold Plus Rewards Five Star, and National Emerald Club Executive status. Enrollment required.Not tracked across the catalog yet
Global Dining Access by ResyExclusive reservations and dining experiences via Resy.Not tracked across the catalog yet
Hilton Honors Gold statusComplimentary Gold status — 80% bonus points, daily F&B credit at many properties, space-available upgrades. Enrollment required.Not tracked across the catalog yetMarriott Bonvoy Gold Elite statusComplimentary Gold Elite status — room upgrades, 2pm late checkout, 25% bonus points. Enrollment required.Not tracked across the catalog yetBefore the card arrives
Track this one from day one
Seven to ten days pass between applying and the card landing. The wallet is built before it arrives — every credit, every reset date, and the 9 activation steps that decide whether the first month pays anything.
Build my wallet
We'll hold the answers you gave above.
Where these figures come from
Verified, drafted, and dated
All 12 credit values on this page reconcile to the published catalog total of $2,994.40. Reset cadence, activation requirements, and shared-versus-per-user status come from the same catalog, not a separate estimate.