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In this video, we’re looking at Amex Platinum Card benefits to show what you must do to get the most value out of one of the most popular American Express credit cards. This credit card has a $695 annual fee, but numerous Amex Platinum credits and other benefits can help to justify that price. So if you’re wondering, “Is the Amex Platinum worth it?” then this video will be the perfect guide to the benefits that answer this question!
The Amex Platinum Card is arguably one of the best travel credit cards out there, but that expensive annual fee means that it won’t be a credit card that’s worth it for everyone. That’s why it’s so important to understand the credits and benefits that come along with the American Express Platinum Card so that you don’t end up losing money after paying that $695 fee. We’ll cover things like the $240 digital entertainment credit, the $200 Uber credit, the $200 airline credit, the $200 Hotel credit, airport lounge access, and much more!
Make sure that you actually do value these credits on the Amex Platinum, and then take that value and subtract it from the annual fee. This will give you an “effective annual fee” estimate that’s a more accurate picture of the out of pocket net annual cost to you. Then that estimate can be used to decide if other Amex Platinum benefits like airport lounge access, hotel status, and other travel benefits are worth it. Not everyone is going to need the Amex Platinum Card, but hopefully this Amex Platinum review will be useful as a guide to helping you get the most out of it if you do have it!
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DISCLAIMER: This site may receive compensation for sending traffic to partner sites. Daniel Braun and Your Best Credit Cards may receive a commission from card issuers. This compensation may impact how and where links appear on this site. This site does not necessarily include all financial companies or all available financial offers. The editorial content on this page is not provided by any of the companies mentioned, and have not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are the author's alone.
Daniel Braun receives cash compensation from Wealthfront Brokerage LLC ("Wealthfront") for sponsored advertising materials. Wealthfront only sponsors content that relates directly to Wealthfront and does not sponsor the entirety of this video. Any recommendations made are Daniel Braun’s own opinion and Wealthfront does not endorse, sponsor, or promote them. Checking features for the Cash Account are subject to identity verification by Green Dot Bank. Cash Account is offered by Wealthfront, a member of FINRA/SIPC. Neither Wealthfront nor any of its affiliates are a bank, and Cash Account is not a checking or savings account. Investment management and advisory services are provided by Wealthfront Advisers LLC, an SEC registered investment adviser.
The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.
Daniel Braun is not a financial advisor. This video is for entertainment and educational purposes only, it is not financial advice.
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