AMEX Platinum Point Calculator & Card Value

Credit Card Rewards Calculator
Calculate points and the cash value of the AMEX Platinum Card by inputting your monthly or yearly spending amounts and compare alongside other cards.
Last Updated 2022-04-15

The Platinum Card® from American Express is a luxury travel credit card that is great for anyone that travels frequently. It offers a high return on airfare and select AMEX travel purchases, $1,400 in annual credits, extensive lounge access, and a long list of other luxury benefits.

Additional Platinum Cards added to the account will also receive access to most of the cards benefits. This includes lounge access, complimentary hotel and car rental status, and much more.

Overall, The Platinum Card is a great luxury travel card that can offer thousands in value if you're able to make use of the cards benefits.

Card Details At-A-Glance

Loading...
Issued By
Annual Fee
Foreign Transaction Fee

Bonus Categories

Both airfare categories share a combined bonus cap of $500,000 in spend per calendar year. Once you've hit that cap, you'll earn at the non-category rate of 1X for all airline purchases made directly with the airline or through American Express Travel.

5X Airfare

The American Express Platinum Card earns 5 Membership Rewards Points per $1 spent on airfare booked directly through the airline.

5X Airfare via American Express Travel

The American Express Platinum Card earns 5 Membership Rewards Points per $1 spent on airfare booked through American Express Travel.

5X Prepaid Hotels via American Express Travel

The American Express Platinum Card earns 5 Membership Rewards Points per $1 spent on pre-paid hotels booked through American Express Travel. Non prepaid hotels are not eligible and will earn at the non-category rate of 1X.

1X Everything Else

All other purchases made on the American Express Platinum Card will earn 1 Membership Rewards Point per $1 spent.

Card Benefits

$300 Equinox Credit

Get a $25 statement credit each month at Equinox for a total of up to $300 annually. Credit can be used to pay monthly towards Equinox All Access, Destination, or E by Equinox membership fees, or for Equinox+.

$240 Digital Entertainment Credit

Get up to $20 in statement credits each month when you use the card to pay for:

  • Peacock
  • Audible
  • SiriusXM
  • The New York Times
  • Disney+
  • Hulu

Enrollment required.

$200 Airline Fee Credit

Every year, you'll be able to select one qualifying airline and receive up to $200 in credits for baggage fees, lounge fees, and in-flight purchase, and more. These incidental charges are credited back to the account in the form of a statement credit.

Eligible airlines include:

  • Alaska Airlines
  • American Airlines
  • Delta Airlines
  • Frontier Airlines
  • Hawaiian Airlines
  • JetBlue Airways
  • Spirit Airlines
  • Southwest Airlines
  • United Airlines

The airline you choose does not have to be the same airline you choose on other American Express credit cards that feature this benefit. Enrollment Required.

$200 Hotel Credit

Get $200 back in statement credits each year on select prepaid hotel bookings with American Express Travel using the Platinum Card.

$200 Uber Credit

Get $15 in Uber Cash each month for rides or eats orders in the U.S. for a total of up to $200 annually. This benefit is only available to the primary cardholder and can only be tied to a single account.

$179 CLEAR Credit

You'll earn up to $179 in statement credits per calendar year when you use the Business Platinum Card to pay for annual CLEAR membership. Enrollment in CLEAR is required to use this credit.

$155 Walmart+ Credit

When you use the Platinum Card to pay for a monthly Walmart+ membership, get the full cost back each month. A total value of $155 annually.

$100 Saks Fifth Credit

Get up to $100 in statement credits annually for purchases at Saks Fifth Avenue or saks.com using the Platinum Card.

You'll receive $50 to use January-June and $50 to use between July-December. Credit do not roll over and must be used semi-annually. Enrollment required.

Fee Credit for Global Entry or TSA Preâś”

Receive either a statement credit available every 4 years after you apply for Global Entry ($100) or a statement credit available every 4.5 years after you apply for a five-year membership through any Authorized Enrollment Provider for TSA Preâś” ($85).

Each additional card on the Platinum Card is also eligible for one statement credit towards Global Entry or TSA Preâś” with the same restrictions. This credit is per Platinum card meaning that each user should use their own card to pay for an application fee.

American Express Global Lounge Collection

As a Platinum Card member, you and all authorized users with a Platinum card will have access to 1,300+ airport lounges in over 500 airports around the world and 140 countries.

Access includes:

  • Centurion Lounges
  • Delta Sky Club Lounge (when flying Delta)
  • Airspace Lounges
  • Escape Lounges
  • Priority Pass Lounges

Enrollment required.

Marriott Bonvoy Gold Status

You'll be able to upgrade to Marriott Bonvoy Gold Elite Status without meeting any stay requirements. Enrollment required.

Hilton Honors Gold Status

You'll be able to upgrade to Hilton Honors Gold Status without meeting any stay requirements. Enrollment required.

Fine Hotel + Resorts

As a Platinum Card member, you'll have access to book through Fine Hotels + Resorts with American Express Travel. When booking, you'll receive the following benefits:

  • Room Upgrade Upon Arrival (when available)
  • Daily Breakfast For Two People
  • Guaranteed 4pm Late Checkout
  • Noon Check-In (when available)
  • Complimentary Wi-Fi
  • Experience Credit Valued at US$100 (such as a spa or food and beverage credit)

The Hotel Collection

As a Platinum Card member, you'll have access to book through The Hotel Collection with American Express Travel. When booking, you'll receive the following benefits when you stay at least two consecutive nights:

  • $100 hotel credit, to spend on qualifying dining, spa and resort activities (qualifying activities vary by property)
  • Room upgrade upon arrival, when available

Cruises Privileges Program

When you book a cruise via American Express Travel with the Platinum Card, you'll receive US$100 to US$300 when booking 5+ nights with selected cruise lines. The credit amount you receive is based on cruise line and type of room booked.

Participating cruise lines include:

  • Celebrity Cruises
  • Norwegian Cruise Line
  • Holland America Line
  • Princess Cruises
  • Royal Caribbean International
  • Cunard Line
  • Ama Waterways
  • Oceania
  • Regent
  • Azamara
  • Seabourn
  • Crystal
  • Silversea
  • Uniworld
  • Windstar

Avis Preferred Status

As a Platinum Card member, you'll be able to upgrade to Avis Preferred Status without meeting any car rental requirements. Enrollment required.

Hertz Gold Plus Rewards Five Star Status

As a Platinum Card member, you'll be able to upgrade to Hertz Gold Plus Five Star Status without meeting any car rental requirements. Enrollment required.

National Car Rental Emerald Club Executive Status

As a Platinum Card member, you'll be able to upgrade to National Emerald Club Executive Status without meeting any car rental requirements. Enrollment required.

International Airline Program

As a Platinum Card member, you'll be able to save on base airfare when buying select first class, business class, and premium economy tickets with participating airlines through American Express Travel.

Premium Private Jet Program

Platinum Card members are eligible to receive discounts on Wheels Up Connect and Core memberships. Plus, get a credit added to your Wheels Up account to use toward your initial flight within your first year depending on your selected Wheels Up Membership.

Extra Points with AMEX Travel

When you use the Platinum Card at amextravel.com, you'll earn 1 additional Membership Rewards Point per $1 spent on cruise reservations.

Since you already earn 5X on airfare and pre-paid hotels booked through American Express Travel, you will not receive a bonus point for these types of purchases.

American Express Benefits

The Platinum Card comes with a handful of American Express benefits which includes:

  • Platinum Travel Service
  • Platinum Concierge
  • Amex Send & Split
  • Pay It Plan It®
  • American Express Experiences
  • American Express Preferred Seating
  • American Express Presale
  • AMEX Offers (Enrollment Required)

InCircle

When you enroll your Platinum Card into InCircle, you'll receive one InCircle Point for each dollar of eligible purchases charged on your enrolled card at Neiman Marcus, Bergdorf Goodman, Last Call, and Horchow. For every 10,000 points you receive, you'll get a $100 InCircle Point Card.

Enrollment required.

Global Dining Collection

As a Platinum Card member, you'll be able to unlock access to exclusive reservations and special dining experiences with Global Dining Access by Resy when you add your Platinum Card to your Resy.

Travel and Purchase Protections

Points Value

Redemption Option Average Value (in cents)
Point transfers to airline and hotel partners 0.6 - 2
Booking flights through American Express Travel 1
Booking hotels through Fine Hotels & Resorts 1
Booking other travel through American Express Travel 0.7
Paying with points at checkout 0.7
Using points for card charges (statement credit) 0.6
Redeeming points for gift cards 0.5 - 1

Membership Rewards Points earned with the American Express Platinum Card are worth 1 cent each when redeemed for airfare through American Express Travel.

If you want to maximize your point value, transferring your points to AMEX's airline and hotel partners is the route to take. You can also redeem your points for statement credits, gift cards, and at checkout with top retailers, but these will typically give your points less than 1 cent in value.

Points Transfer

Points earned with the American Express Platinum Card can be transferred to 20 travel partners, with the majority of these partners having a 1:1 transfer ratio.

Loading...

Transferring points to partners is the best use of Membership Rewards Points as you'll be able to obtain redemption values higher than the average 1 cent you can get redeeming them directly through American Express Travel.

Is The AMEX Platinum Worth The Annual Fee?

The American Express Platinum Card features a lot of benefits that can offer you thousands of dollars in value if you're able to use them.

The first step to determining if the Platinum Card is worth it or not, is to figure out which unique card benefits mean the most to you and how much they are worth to you.

The unique properties of The Platinum Card include (but are not limited to):

  • Extensive Lounge Access
  • International Airline Program
  • Cruises Privileges Program
  • Fine Hotel + Resorts
  • Complimentary Hotel & Car Rental Status
  • Platinum Concierge

These 6 benefits alone can easily offer more value than the annual fee.

The American Express Global Lounge Collection is one of the primary reasons that most pick up the Platinum Card as this benefit alone can be worth the annual fee if you frequently travel. It's a great benefit no matter which airline you fly thanks to Priority Pass Select membership, but it is extremely useful if you fly Delta as you'll have access to the Delta SkyClub.

A Priority Pass Membership equal to what The Platinum Card offers would cost you $429 per year and Delta SkyClub Membership will either require you to dish out $545 per year or have top-tier Delta Medallion Status.

If you frequently purchase premium, first, or business class tickets when flying internationally, the International Airline Program can save you hundreds to thousands of dollars per ticket with ease.

The Cruises Privileges Program offers $100 to $300 in credits when booking 5+ night cruises with popular cruise lines. I've used this benefit a few times and the extra credits are really nice. This is a great perk if you frequently cruise.

Fine Hotel + Resorts offers a handful of useful benefits that provides great value such as the daily breakfast for two, room upgrade upon arrival, and $100 experience credit.

The Platinum Card offers complimentary status with Marriott, Hilton, Avis, Hertz, and National. If you deal with any of these hotels or car rental chains, the small benefits that status offers could work in your favor.

Last, but certainly not least, is the Platinum Concierge. They're not often mentioned, but I've used the concierge to nab hard-to-get tickets as well as restaurant reservations for a few spots over the year. The value here isn't as clear as the others, but it's a benefit that can be extremely useful at the right times.

Annual Credits

After you've figured out how much the unique benefits mean to you, you'll then need to focus on the credits.

The Platinum Card offers over $1,400 in annual credits. It's easily possible that you will not use all $1,400 in credits the card offers and that is okay.

Just to recap, the $1,400+ in credits consist of:

  • $300 Equinox Credit
  • $240 Digital Entertainment Credit
  • $200 Airline Fee Credit
  • $200 Hotel Credit
  • $200 Uber Credit
  • $179 CLEAR Credit
  • $155 Walmart+ Credit
  • $100 Saks Fifth Credit

If you're able to use $600 to $700 of the credits, then you're in a good spot as that will pretty much cover the annual fee, especially when combined with the value you get out of the card's unique benefits.

Additional Cardholders

If you plan on adding additional Platinum Cards to your account for authorized users, you'll want to factor that in as well as it will cost extra.

You can add up to 3 additional Platinum Cards for $175 (total) and every additional Platinum Card after that will cost you $175 each. For example:

  • Cost Per Year For 1 Additional Platinum Card: $175
  • Cost Per Year For 2 Additional Platinum Card: $175
  • Cost Per Year For 3 Additional Platinum Card: $175
  • Cost Per Year For 4 Additional Platinum Card: $350
  • Cost Per Year For 5 Additional Platinum Card: $525
  • And so on... add $175 for each additional users

Basically, you'll get the best value when you add 3 additional cardholders as it will cost you the same amount as adding 1 additional cardholder.

Benefits

Additional Cardholders will receive most of the same benefits as the Primary Cardholder minus the annual credits. Each additional Platinum cardholder will receive:

  • Ability To Earn Points
  • $100 Global Entry or TSA PreCheck Credit
  • American Express Global Lounge Collection
  • Hotel & Rental Car Elite Status Benefits
  • Fine Hotels & Resorts
  • Cruises Privileges Program
  • International Airline Program
  • ...and much more

If you're adding authorized users that travel (with or without you), they will easily be able to squeeze value out of the card. Adding 3 people for $175 is a fantastic deal (and even adding additional users beyond 3 is a deal).

You can check out the full list of benefits in our AMEX Platinum & Business Platinum Additional Card Fee Benefits guide.

Point Calculator

Use the AMEX Platinum Points Calculator to determine how many points you can earn based on the monthly or yearly spending amounts you enter.

You can calculate the cash value of the AMEX Platinum alongside up to two other credit cards from any issuer.

Any spend entered into the primary card column (the first column) will carry over to all credit card calculators on the site. This means there's no need to re-enter spend when jumping to other credit card pages on the site.

Loading Calculator...
If the calculator doesn't load after a few seconds, click here to re-load calculator.

Maximize Points With Rakuten

If you frequently makes purchases online and you're looking to earn more Membership Rewards Points, you should consider using Rakuten Rewards.

Rakuten is an online shopping portal that pays you for shopping online. Basically, they run a website full of affiliate links to different retailers and pay you, the user, some of their commission when you make an online purchase using those links.

The best thing about Rakuten is that they are partnered with American Express Membership Rewards. So instead of earning cash back on your purchases, you can opt in to earn Membership Rewards Points.

So if Rakuten is offering 10% cash back with a certain retailer, you'll be able to earn 10X Membership Rewards Points. Sounds amazing, right? That's because it is.

I've been using Rakuten Rewards as my main online cash back shopping portal since the start of 2017. Once the ability to earn Membership Rewards Points became available, I never looked back.

I use the portal for all of my personal and business online purchases... from buying gifts to booking travel. Since Rakuten uses affiliate links, you're always dropped off on the retailers website. So you're not booking or buying through a third party.

For example, if I click on the Marriott affiliate link on the Rakuten website, it's going to take me to Marriott.com. I can then book my travel as normal and Marriott will notify Rakuten that I have done such. So I still get to earn my Marriott Bonvoy Points from my Marriott booking as well as earn additional Membership Rewards Points based on what Rakuten is offering for Marriott.

You can sign up for Rakuten Rewards for free through our affiliate link and earn bonus Membership Rewards Points (or cash back) on your first purchase. If you're looking to get the most out of the Membership Rewards program, you don't want to ignore this program.

If Rakuten doesn't offer an affiliate link for the retailer you're shopping with, there's many other online shopping portals available. My backup to Rakuten is usually TopCashback or TopCashback.co.uk (to earn British Airways Avios on purchases).

Check out our reviews on all of the popular online shopping portals.

FAQ

Is The American Express Platinum Card worth it?

If you're a frequent traveler looking for elite travel benefits the card is worth picking up. Extensive lounge access, complimentary elite status, over $500 in annual credits, and the long list of other benefits easily outweighs the fee.

Is The American Express Platinum the best credit card?

There is no 'best credit card' since everyone have different opinions on what is considered 'best'. With that being said, the American Express Platinum Card is one of the best credit cards for frequent travelers and is a great card to pick up if you enjoy the Membership Rewards program.

Which is better, the American Express Gold or Platinum card?

Both cards are in entirely different categories. The American Express Gold Card focuses on dining and supermarket while the American Express Platinum Card focuses on elite travel benefits such as lounge access and complimentary status with popular hotel chains. Personally, I recommend having both, but you'll want to pick up the card(s) that work best for you.

Does authorized users of The AMEX Platinum Card also receive benefits?

Yes! Authorized users with Platinum Cards will receive the majority of the benefits offered on the card. This includes the extensive lounge access, complimentary elite status, the $100 statement credit for Global Entry or TSA PreCheck, and much more.