Card economics
Amex Platinum
Annual fee
$895/yr
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Welcome offers change frequently — check the issuer's page for the current offer.
Earn rates
| Category | Rate |
|---|---|
| Flights outside issuer portals | 5xUp to $500,000/yr shared, then 1x |
| Amex Travel - Flights | 5xPortal onlyUp to $500,000/yr shared, then 1x |
| Amex Travel - Hotels | 5xPortal only |
| Delta Airfare | 5xUp to $500,000/yr shared, then 1x |
| United Airfare | 5xUp to $500,000/yr shared, then 1x |
| Southwest Airfare | 5xUp to $500,000/yr shared, then 1x |
| Everything else | 1xBase rate |
Transfer partners: Amex Membership Rewards
Spending caps
| Category | Bonus rate | Annual cap |
|---|---|---|
| Flights outside issuer portals | 5x | $500,000/yrThen 1x |
| Delta Airfare | 5x | $500,000/yrThen 1x |
| United Airfare | 5x | $500,000/yrThen 1x |
| Southwest Airfare | 5x | $500,000/yrThen 1x |
| Amex Travel - Flights | 5x | $500,000/yrThen 1x |
After reaching the annual cap, spending in that category earns at the lower “after cap” rate. The optimizer automatically handles cap overflows.
Fee calculator
Sticker Fee
$895/yr
Credits
-$485
Effective Fee
$410
Credits & Benefits
Max: $200/yr · annual
For ONE chosen airline only. Covers baggage fees, seat upgrades, in-flight purchases. Does NOT cover ticket purchases. Must select airline each January.
Max: $600/yr · annual
Fine Hotels+Resorts or The Hotel Collection only. Semiannual credits; THC requires a 2+ night stay.
Max: $300/yr ($25/mo) · monthly
Monthly. Covers Disney+, Hulu, ESPN+, Peacock, NYT, Paramount+, WSJ, YouTube, and select others. Auto-enrolled.
Max: $200/yr ($15/mo) · monthly
$15/month, $20 in December. Uber or Uber Eats. Monthly, no rollover.
Max: $120/yr · annual
Statement credits for an eligible auto-renewing Uber One membership.
Max: $300/yr · quarterly
$75/quarter ($300/yr) at lululemon. Replaced the Saks credit in September 2025. Enrollment required.
Max: $400/yr · quarterly
$100/quarter ($400/yr) at U.S. Resy restaurants. Enrollment required.
Max: $155/yr ($13/mo) · monthly
Covers a monthly Walmart+ membership (~$155/yr incl. tax). Requires keeping the membership active.
Max: $200/yr · annual
Up to $200/yr toward Oura Ring hardware purchases from ouraring.com. Enrollment required.
Max: $300/yr · annual
Up to $300/yr toward Equinox memberships. Requires an Equinox membership; enrollment required.
Max: $209/yr · annual
Conservatively modeled at $209/year. Official Amex Platinum materials observed 2026-08-01 display both $209 and $219 across current product/benefits pages; enrollment required.
Max: $120/yr · every_4_years
Up to $120 for Global Entry or TSA PreCheck. Once every 4 years (~$30/yr effective).
Catalog record last reviewed Aug 2, 2026. Issuer terms and available offers control and may change.
Next step
One card is a start. The modeled setup is the whole wallet.
The Amex Platinum might be useful on its own, but the modeled combination depends on your total spending. The optimizer searches eligible portfolios and clearly labels whether the result was proven optimal within that run's inputs or is the strongest valid setup found before timeout.
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