The Platinum Card from American Express review: Perfect for show-offs

From Fortune:

The Platinum Card® from American Express offers unmatched airport lounge access, elite hotel status, and valuable digital entertainment, Equinox gym, and Walmart+ membership credits. However, the sky-high annual fee may not be worthwhile if you don’t maximize all of the perks. The card also offers numerous benefits, an $800 value in Uber Cash, statement credits for airline incidental fees, and more. The card’s annual fee is $695 and there are no foreign transaction fees. The Amex Platinum Card also offers a welcome bonus of 80,000 Membership Rewards® Points after spending $8,000 on purchases on the Card in your first 6 months of card membership. The card is ideal for frequent fliers and those who can take advantage of the various credits offered. If you rarely travel, this may not be the right card for you.

With the Amex Platinum Card, you can earn 5x Membership Rewards Points for flights booked directly with airlines or with American Express Travel, 5x Membership Rewards Points on prepaid hotels booked with American Express Travel, and 1X Membership Rewards points on all other qualifying purchases. Membership Rewards points can be redeemed at checkout with eligible partners, for travel through Amex Travel, or by transferring to airline and hotel partners. The card also offers a twice-annual $50 Saks credit, elite car rental status, car rental insurance, and trip delay insurance.



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