Lots of people recently applied for the Amex Platinum card due to its insane welcome offer of 75,000 points, plus 10 points on every dollar spent by grocery stores or restaurants (up to $15,000) and some were targeted for even higher offers.
Here’s a checklist of what you need to do in order to maximize the benefits of the Amex Platinum card. You end up paying an annual fee of $550 so you may as well get the biggest bang for your buck.
- $200 annual airline incidental fee credit
The Amex Platinum card will give you a $200 credit annually, to refund incidental airline charges like baggage fees, seat upgrades, and more. Here’s a list of what transactions will be refunded and how you can use the incidental fee credit even without flying. Check it out here.
What do I need to do?
You need to enroll in order to access this benefit and choose an airline. You can choose any of the following US airlines.
These credits will only work on the one airline of your choice, which you can choose once per year- in January. (As a courtesy, Amex will very often allow you to change the airline even mid-year).
You can enroll here
- $50 Saks Fifth Avenue credit
Register to receive two annual $50 credits for any purchase at Saks Fifth Avenue. You will receive one $50 credit from January till the end of June, and a second $50 credit from July till the end of December. These credits are “either use it or lose it” credits, so make sure to remember to use them before they expire.
What do I need to do? Enroll here and remember to make your purchases twice a year. Once enrolled, the credits will appear on your statement automatically.
- $200 Uber credits
With the Amex Platinum card, you will receive a $15 Uber credit every month and a $35 Uber credit in December, totaling $200 annually.
What do I need to do? Simply add your Platinum card to your Uber account and the credits will appear in your account at the beginning of every month automatically. (You do not need to pay with your Platinum card to receive the credits.)
Airport lounge access
The Platinum card gives you access to several airport lounge networks. Here’s a list of how to receive access to the airport lounges.
What do I need to do?
- Priority Pass Select Membership (over 12,000 airport lounges): You need to enroll here. Once you enroll, you will receive your Priority Pass Membership card in the mail within 14 days, or for immediate access, you can call Amex and get your Priority Pass account number. You can then use the Priority Pass app for entry to Priority Pass lounges.
- Delta Sky Club lounges: You do not need to register- just show your Platinum card and a Delta (same day) boarding pass.
- Amex Centurion lounges: You do not need to enroll – just show your Platinum card to the front desk.
- Escape lounges: You do not need to enroll- just show your Platinum card to the front desk.
- AirSpace lounges: You do not need to enroll- just show your Platinum card to the front desk.
Amex has a tool where you can easily find a lounge at your airport. (It searches for lounges from all five networks). Check it out here
TSA Precheck and Global Entry
As a Platinum cardholder, you can receive up to $100 credit on your statement for either Global Entry or TSA Precheck.
What do I need to do? You do not need to enroll in this benefit. Your account will be credited once you use your Platinum credit card to pay the fee of either Global Entry or TSA Precheck once every 4.5 /5 years.
With the Platinum card, you get to travel like an elite by getting some complimentary elite status by the following hotel chains and car rental agencies
- Marriott Gold Status
Enjoy complimentary upgrades (when available), lounge access, late check-in and checkout with complimentary Marriott gold status.
What do I need to do? You need to enroll in order to access this benefit. You can enroll here by entering your Marriott Bonvoy number. Go to the benefits page to enroll here.
- Hilton Gold Status
Enjoy complimentary room upgrades (when available), lounge access, late check-in and checkout with complimentary Hilton Honors gold status
What do I need to do? You need to enroll in order to access this benefit. You can enroll by entering your Hilton Honors number. Go to the benefits page to enroll here.
- National Emerald Club Executive Status
Book an economy car and have the privilege to choose any car from the Emerald Club Executive line (mostly SUVs) when renting with National!
What do I need to do? You need to enroll in order to access this benefit. You will be asked to log in to National through a special link provided by Amex. Once you’re logged in, you will automatically be upgraded. Enroll on the benefits page found here
- Uber VIP
With the UBER VIP benefit, you have the option to be connected only to drivers who have a minimum rating of “4.8 stars”, and drive “higher quality cars”. Uber VIP is offered exclusively for American Express Consumer Platinum and Centurion Cardholders and is currently available only in Atlanta, Dallas, Harrisburg, Houston, Nashville, New Jersey, New Orleans, New York City, Philadelphia, and Pittsburgh.
What do I need to do? Simply add your Platinum card as a payment method within the Uber app and your benefit should appear automatically.
Pro tip: You can take these elite status levels to the next step by matching your status with additional hotel chains or car rentals. For example, once you have National Emerald Club Executive status, you can ask Hertz to match your status by upgrading you to Hertz 5 Star Status. Or you can show it to Avis and they may upgrade you to Avis Preferred Plus. Basically, the Platinum card is the key to help you get elite status by many hotel chains and car rentals. You can read a bunch of status match opportunities here.
Protection when traveling
With the Amex Platinum card, you gain travel protections, so make sure to always use your Platinum card when you purchase airfare, rent a car etc.
- No foreign transaction fees
Shop aboard with no foreign transaction fees.
- Trip Cancellation Insurance
You can get coverage for canceled or interrupted travel due to an unforeseen medical emergency, etc. Max $10,000 per person per trip, and max $20,000 per year.
- Auto Rental Collision Insurance
Secondary worldwide coverage (excluding Australia, Italy, and New Zealand) on rentals up to 30 days (max $75,000). You can purchase a premium plan from Amex that will offer primary coverage up to 42 days (max $100,000).
- Lost Luggage Reimbursement
Up to $2,000 per person for lost or damaged luggage (max $10,000 per trip for NY residents)
- Trip Delay Reimbursement
If your flight is delayed for more than 6 hours, you can claim up to $500 per trip to cover expenses like meals, lodging, toiletries, medication, and other personal use items (up to two claims per year).
Protections when shopping
The Amex Platinum card provides superior benefits when it comes to protecting your items purchased from unfortunate mess-ups and more. Here are the details, but don’t forget that in order to get these protections, the items need to be bought using your Platinum card
- Return Protection
Not happy with a purchase? Get a refund on purchases that have passed the store return policy for up to 90 days. (Max $300 per claim, $1,000 per year)
- Extended Warranty Protection
Get one additional year on top of the original manufacturer’s warranty. (Will only cover if the original warranty is for 5 years or less. Max $10,000 each claim and $50,000 per year.
- Purchase Protection
Get refunded if your purchase is damaged, lost, or stolen, up to 90 days from the date of purchase. Max $10,000 per claim ($50,000 per year). This is one of the only cards that offers protection for lost items.
I hope this post will help you maximize the benefits of the Amex Platinum card. By now you’re probably thinking- all this for just $550 fee? That’s pennies!