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The American Express Platinum Card offers tremendous benefits like airport lounge access and $400 annually in Uber and flight credits. But there are many other benefits that you should know about to get full value out of the premium annual fee that you are paying. We take a look at 15 hidden benefits of the American Express Platinum Card to help you decide if it is worthy of a space in your wallet.
American Express Platinum sign-up bonus
As with any credit card, the sign-up bonus is one of the immediate benefits of getting a new credit card. With the American Express Platinum Card, the current sign up bonus is 60,000 points after spending $5,000 within the first 3 months.
Some people have reported receiving a targeted offer of $100,000 American Express Membership Rewards with the same $5,000 minimum spend requirement within 3 months of account opening. Before you throw away that “junk mail” make sure that you peek inside!
American Express Platinum annual fee
Keep in mind that the first year annual fee of the American Express Platinum Card is not waived. However, the value of the sign-up bonus and the $400 in annual credits more than makes up for the first year’s annual fee.
Cardholders can add up to 3 additional cardholders to extend these benefits for $175 per year. Each additional cardholder beyond that is $175 each per year.
Popular benefits of the Amex Platinum
The sign-up bonus is nice, but you’ll also receive it once. American Express has a “once per lifetime” bonus rule, so make sure the bonus is high enough to make the application worth your effort.
What convinces cardholders to renew year in and year out are the benefits that you receive each year. Here are the common benefits that most American Express Platinum cardholders use on a regular basis:
- $200 annual airline credit
- $200 in Uber credits
- Centurion Lounge Access
- Priority Pass Select membership
- Up to $100 Global Entry or TSA PreCheck reimbursement
$200 Airline Credit
Cardholders receive $200 in airline credits each calendar year from the American Express Platinum card. These credits can be used for baggage fees, seat assignments, change fees, and phone reservation fees, to name a few. Airplane tickets are not eligible for these airline credits. Gift cards are also excluded, however, some people report success in receiving credit for purchasing them.
In order to use the airline credits, you’ll need to designate your preferred airline from among the list of:
- Alaska Airlines
- American Airlines
- Delta Airlines
- Frontier Airlines
- Hawaiian Airlines
- JetBlue Airways
- Spirit Airlines
- Southwest Airlines
- United Airlines
Once you make your selection for the year, you cannot change it. However, you are free to stay the course or choose another airline once January 1st rolls around.
$200 Uber credits
Unfortunately, the $200 Uber credits aren’t provided all at once. Instead, cardholders receive $15 in Uber credits each month with an extra $20 in December. If you’re like most people and don’t use Uber every month, these credits also count towards Uber Eats orders.
With the Amex Platinum, you’ll also receive an upgrade to Uber VIP status without meeting minimum ride requirements. This assures that you’ll be matched up with top-rated drivers whenever possible.
Centurion Lounge Access
American Express has a lounge network that is exclusive to American Express Platinum and Centurion cardholders. There are nine Centurion Lounge locations:
- Dallas (DFW)
- Hong Kong (HKG)
- Houston (IAH)
- Las Vegas (LAS)
- Miami (MIA)
- New York LaGuardia (LGA)
- Philadelphia (PHL)
- San Francisco (SFO)
- Seattle (SEA)
There have been reports of the Centurion Lounge restricting access during busy times of the day or year. And American Express recently limited admission to the cardholder plus two guests.
This admission restriction rule totally sucks for families like mine that travel with Mom, Dad, and two kids. Basically, it forces us to pay for a day pass (if available that day) or to pay $175 for the second parent to be a cardholder as well.
Priority Pass Select airport lounge membership
Remember, that registration is required with Priority Pass before you can access one of their lounges. When you call to activate your American Express Platinum, speak with a customer service representative to enroll in Priority Pass and learn about all of the latest benefits they offer.
When you visit a Priority Pass lounge, cardholders can bring in two guests at no additional charge.
If you have additional authorized users on your account, they will also be able to access any of these lounges whether they are traveling with the primary cardholder or not.
For people without Priority Pass as a benefit on their credit card, click here for the latest Priority Pass offers.
Global Entry or TSA PreCheck Reimbursement
Frequent travelers know that waiting in line is not the best use of their time. That’s why Global Entry or TSA PreCheck is crucial to getting through airport security and customs at domestic airports.
With the Amex Platinum, you’ll receive up to $100 reimbursement every 4 years to enroll in either Global Entry of TSA PreCheck. Other border security programs, such as NEXUS, SENTRI, and FAST, are not included. Additional cardholders also have access to this reimbursement benefit.
15 Hidden Benefits of the American Express Platinum Card
Although these popular benefits are pretty great, there are plenty of hidden benefits of the American Express Platinum card that cardholders either don’t know about or forget to use. If you’re considering canceling the card when the next annual fee comes due, these 15 hidden benefits may convince you to keep the card another year.
Additional lounge access
With the American Express Platinum card, the Centurion Lounge and Priority Pass are not the only lounge networks you have access to. There are over 1100 airport lounges across 120 countries that Amex Platinum cardholders can go into.
Here are the 7 lounge programs included in the Global Lounge Collection benefit:
- The Centurion Lounge (exclusive to American Express)
- The International American Express lounges
- Delta Sky Club (when flying Delta Airlines)
- Priority Pass Select lounges
- Airspace Lounges
- Escape Lounges
- Plaza Premium
When I lived in California, one of my favorite lounges to visit wasn’t even in an airport. It was actually located inside a mall. The Access Suite lounge at South Coast Plaza in Costa Mesa is relatively small but they offer free drinks and snacks. I would hit the golf course with friends in the morning, then treat them to a little luxury afterward.
And I randomly found an Escape Lounge at the Reno Airport on the way back from snowboarding with my son. They had great food, free drinks, and a comfortable place for us to rest before our flight.
Unlimited Boingo WiFi access
For the traveler on the go, having access to fast and free WiFi is critical. With the American Express Platinum card, you’ll receive unlimited Boingo WiFi access with the Boingo American Express Preferred Plan. A comparable unlimited plan from Boingo would cost $5 per month.
You can log in with up to 4 devices to more than 1 million WiFi hotspots around the world. However, this does not include WiFi internet access during flights.
Authorized Users Get Global Entry Reimbursement
With many other premium credit cards, the Globel Entry or TSA PreCheck reimbursement is reserved for the primary cardholder only. That’s not the case with the American Express Platinum card.
With the Amex Platinum Card, each authorized cardholder also receives up to $100 in reimbursement for Global Entry or TSA PreCheck. This benefit can be used once every 4 years. Simply pay for the application fee on the authorized user credit card and the reimbursement is automatic.
Fine Hotels & Resorts
This is one of the underused benefits of the American Express Platinum. But savvy travelers know that the Fine Hotels & Resorts Collection offers tremendous benefits at over 1,000 hotels and resorts around the world.
American Express estimates that these benefits are worth $550 on average every time you use them. The benefits include:
- Room upgrade upon arrival, when available
- Daily breakfast for two people
- Guaranteed 4 pm late checkout
- Noon check-in, when available
- Complimentary hotel WiFi
- Unique amenity valued at $100
The amenity will often be a food & beverage or spa credit. When comparing hotel prices for your upcoming vacation, don’t forget to take a look to see what Fine Hotels & Resorts is offering. Even if you pay a little more per night, the value of free breakfast and $100 amenity will often tilt the decision towards Fine Hotels & Resorts.
Honestly, I haven’t used this benefit as much as I should have over the years. But most of my hotel stays are booked using hotel points instead of cash.
5x Membership Rewards Points on Flights
When you book airfare directly with the airlines or through American Express Travel, you will receive 5x Membership Rewards points. You can also earn 5x points when you book hotel reservations on AmexTravel.com. All other purchases earn 1 Membership Rewards point per $1 spent.
Premium Roadside Assistance
Whether you are driving on vacation or just around town, Amex Platinum cardholders have access to Premium Roadside Assistance service 24 hours a day, 7 days a week. Some of the included services are towing up to 10 miles, changing a flat tire, or jumpstarting a dead battery. You can use this service up to 4 times per year at no additional charge.
Premium Global Assist Hotline
When traveling more than 100 miles from home rest easy knowing that the Amex Platinum offers a Premium Global Assist Hotline. Although many of the services provided are not complimentary, it is assuring that you can be easily connected with an English-speaking medical or legal professional for medical, legal, financial, and select other emergency and coordination services. Some examples of these services include replacing a lost or stolen passport, prescription replacements, missing luggage, and cash wires.
Extended Warranty Protection
When you pay for your purchases with the American Express Platinum Card the manufacturer’s warranty term is doubled, up to a maximum of two additional years. This applies to warranties that are 5 years or less. The coverage is limited to a maximum of $10,000 per occurrence and $50,000 per calendar year. Click here for more information.
Purchase protection provides protection in case your item is stolen, accidentally damaged, or lost for up to 120 days from purchase. The coverage is limited to a maximum of $10,000 per occurrence and $50,000 per calendar year. Click here for more information.
Sometimes we aren’t sure if we’re getting the best deal. With Return Protection, American Express will reimburse you up to $300 per item and $1,000 per calendar year if you try to return an eligible item that the retailer will not take back. Click here for details.
Hertz Car Rental Discount and Benefits
American Express Platinum cardholders receive extra benefits when renting a car with Hertz and use the CDP# 211762. Receive a 10% bonus on Hertz Gold Plus Rewards points, a complimentary one-car-class upgrade, and a 4-hour grace period on returns in the U.S.
$100 per year Saks Fifth Avenue
Amex Platinum cardholders can get up to $50 in statement credits twice a year. Up to $50 from January through June and another $50 from July through December. Purchases made at Saks Fifth Avenue locations in the US, US territories, and at saks.com are eligible for the credits. No minimum purchase required to start earning credits. Credits will post on your statement a few days after the purchase.
This benefit is for the entire account, not $100 per authorized user. Call customer service to activate this benefit.
All American Express credit cards have special offers where you can receive discounts or bonus point opportunities for spending at specific retailers. The offers are often targeted, which means that the offers will vary. Offers are usually based on which card you are using and which retailers and restaurants you spend money at. You need to add the offers to your card.
Hilton Honors Gold status
Enjoy complimentary Hilton Honors Gold status without any stay requirements. To earn Hilton Honors Gold status travelers need to have 20 stays, 40 nights, or 75,000 Hilton Honors base points earned in a calendar year. You need to call in to request this benefit.
Hilton Honors Gold members receive an 80% bonus on base points earned, can use the 5th-night free benefit on award stays, plus a lot of other benefits.
Marriott Gold status
Marriott Gold status is another benefit of the American Express Platinum card. Marriott Rewards members usually need to spend 25 nights with a Marriott or SPG property. With the Amex Platinum, you receive this status automatically. Just call in to request the benefit.
Marriott Rewards Gold members receive an enhanced room upgrade, earn 25% bonus points on stays, and enjoy a 2 pm late checkout in addition to other benefits.
Does the Amex Platinum belong in your wallet?
As you can see, the American Express Platinum offers tremendous value that outweighs the premium annual fee. If you are a frequent traveler, the Amex Platinum is a must have. For one annual fee, you’ll gain entrance to over 1100 airport lounges, receive $400 in annual airline and Uber credits, and have unlimited WiFi at over 1 million Boingo hotspots.
Do you use any of these hidden benefits of the American Express Platinum Card? Which hidden benefits are your favorite? Do these hidden benefits increase your desire to apply for or renew the American Express Platinum? Let us know in the comments below.
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