6 Things to Know Before Getting the AmEx Platinum - Employment Security Commission (2023)

6 Things to Know Before Getting the AmEx Platinum

If you’re considering getting the American Express Platinum card, there are a few things you should know before you do. The AmEx Platinum is a premium credit card that comes with a hefty annual fee, but it also offers a wide range of benefits and perks that can make it worth the cost. Here are six things you should know before you decide to get the AmEx Platinum.

The annual fee is high, but the benefits may outweigh the cost

The AmEx Platinum card comes with a $550 annual fee, which is no small sum. However, the card also comes with a range of benefits that can make it worth the cost. These benefits include access to airport lounges, hotel room upgrades and free breakfast at partner hotels, concierge services, travel credits, and more. If you’re a frequent traveler and value these types of perks, the AmEx Platinum might be worth the annual fee.

The rewards program is impressive, but it may not be for everyone

The rewards program for the AmEx Platinum card is impressive, with bonus points for eligible travel and dining purchases, as well as a generous sign-up bonus. However, the reward program may not be for everyone. If you don’t travel frequently or dine out frequently, you may not earn enough points to make it worth the cost of the card.

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There are spending requirements to earn the sign-up bonus

If you’re interested in earning the sign-up bonus for the AmEx Platinum card, which can be worth several hundred dollars in travel credits, be aware that there are spending requirements you must meet. You’ll need to spend a certain amount of money on the card within a set timeframe to earn the bonus, so make sure you can meet these requirements before you apply.

The card is metal and heavy

One unique feature of the AmEx Platinum card is that it is made of metal and is quite heavy compared to other credit cards. While this may seem like a small detail, it can be an important factor to consider if you carry the card with you often. Some people find the weight and bulk of the card to be inconvenient, while others appreciate the feel of a sturdy, well-made card.

You’ll need good credit to qualify

Because the AmEx Platinum card is a premium credit card with a high annual fee and generous benefits, you’ll need to have good credit to qualify for the card. This means a credit score of at least 700, a solid credit history, and no recent delinquencies or bankruptcies. If you don’t meet these qualifications, you may not be approved for the card.

The card is not for everyone, but it can be a good choice for frequent travelers

Overall, the AmEx Platinum card is not for everyone, but it can be a good choice for frequent travelers who value the benefits and perks that come with the card. If you’re considering the AmEx Platinum, be sure to weigh the benefits against the annual fee and your spending habits to determine if it will be worth the cost for you.

FAQs

What are the rewards for the AmEx Platinum card?

The rewards program for the AmEx Platinum card includes bonus points for eligible travel and dining purchases, as well as a generous sign-up bonus. The points can be redeemed for a variety of rewards, including travel, merchandise, and statement credits.

What is the annual fee for the AmEx Platinum card?

The annual fee for the AmEx Platinum card is $550.

What credit score do I need to qualify for the AmEx Platinum card?

To qualify for the AmEx Platinum card, you’ll need a credit score of at least 700, a solid credit history, and no recent delinquencies or bankruptcies.

What kind of benefits come with the AmEx Platinum card?

The AmEx Platinum card comes with a range of benefits, including access to airport lounges, hotel room upgrades and free breakfast at partner hotels, concierge services, travel credits, and more.

How heavy is the AmEx Platinum card?

The AmEx Platinum card is made of metal and is quite heavy compared to other credit cards, so it may not be the best choice for people who prefer a lighter card.

What are the spending requirements to earn the sign-up bonus?

To earn the sign-up bonus for the AmEx Platinum card, you’ll need to spend a certain amount of money on the card within a set timeframe. Be sure to read the terms and conditions carefully to determine what the specific requirements are.

What is the eligibility criteria for the AmEx Platinum card?

To be eligible for the AmEx Platinum card, you’ll need to have a good credit score, a solid credit history, and no recent delinquencies or bankruptcies.

What is the concierge service offered with the AmEx Platinum card?

The concierge service offered with the AmEx Platinum card is a 24/7 service that can assist with a wide range of tasks, from booking travel to making restaurant reservations to finding tickets to events.

What are the travel credits offered with the AmEx Platinum card?

The travel credits offered with the AmEx Platinum card include up to $200 in airline fee credits and up to $200 in Uber credits each year.

Is the AmEx Platinum card worth the annual fee?

Whether or not the AmEx Platinum card is worth the annual fee depends on your spending habits and how much you value the benefits that come with the card. Be sure to weigh the costs against the benefits before you apply.

What is the sign-up bonus for the AmEx Platinum card?

The sign-up bonus for the AmEx Platinum card can vary, but it is typically worth several hundred dollars in travel credits.

What is the application process for the AmEx Platinum card?

The application process for the AmEx Platinum card typically involves filling out an online application and providing information about your income, employment, and credit history. You may also be required to provide proof of income and/or identification. Once you submit your application, it will be reviewed and you will be notified of the decision.