of the editor Note: This is a recurring post, updated regularly with new information and offers.
Platinum Card® from American Express TPG is the favorite. We love the travel benefits that come with it — like extensive airport lounge access, hotel and airline fee credits, and travel protection.
But for all the reasons it makes travel easier, the Amex Platinum is much more than just a travel card. Cardmembers can receive more than $1,500 in statement credits — many of which aren’t travel-related — and enjoy a wide range of shopping protections that can help justify the card’s $695 annual fee (see rates and fees) even for frequent travelers.
Let’s take a look at some of the non-travel benefits that make this card worth keeping in your wallet.
$300 Equinox Credit
Equinox is an upscale chain of gyms in the US, Canada and London. When you charge your Amex Platinum Card, you’ll get up to $300 back in an annual statement credit on a select Equinox membership or digital subscription to Equinox+ (an on-demand fitness app).
Registration is required. If you don’t live in a city with an Equinox gym, you’ll get the most bang for your buck when you use credit toward a digital subscription to Equinox+, regularly $39.99 per month.
Value: Up to $300 annually
Related: Your Guide to Using Amex Platinum Equinox Credit
$240 digital entertainment credit
Amex Platinum offers a $20 monthly statement credit for select digital entertainment services. These services include Peacock., Disney+, Hulu and ESPN+ — or the Disney Bundle (which includes up to all three services), the New York Times and the Wall Street Journal. If you already use any of these, this is a great advantage. Registration is required.
Daily newsletter
Reward your inbox with the TPG Daily Newsletter
Join over 700,000 readers for the latest news, in-depth guides and exclusive deals from TPG’s experts
Value: Up to $240 annually
Related: How to use Amex Platinum Digital Entertainment Credit
Uber Cash
Amex Platinum card members get $15 in Uber statement credits every month, plus an additional $20 in December. Amex Platinum must be added to the Uber app to receive benefits.
And that credit doesn’t just work for the ride—it works for it, too Food delivery and pickup via Uber Eats (for services in the US only).
Value: $200 annually
RELATED: How to Use Your Amex Uber Credit for Rides and Dining
American Express Platinum Concierge
Short of time? Don’t feel like researching things like restaurant reservations and other mundane tasks? Let the Amex Platinum Concierge help. Your card gives you access to a special phone service to help you book top restaurants and events, as well as find the perfect place for dinner or deliver items on demand and other errands.
Also has Amex Global Dining Access Program Powered by Recy, and cardmembers get exclusive access to some of the world’s most sought-after restaurants. You can also book pre-sales of high-profile chef dinners, curated culinary experiences, virtual cooking classes and racy events.
Related: Amex exec details future of Receipt, including exclusive dining access and events for cardholders.
Credit to Saks Fifth Avenue
Anything you buy from Saks will automatically trigger the credit. And if you use the online shopping portal to shop at Saks, you can double the earnings from your purchases.
Sux Known for luxury apparel or accessories, but you can still score great on everyday essentials, especially when there’s a sale. From scented candles to skincare, you can complete your shopping list using Amex Platinum Credit. Registration is required for select benefits.
Value: Up to $100 annually
Related: Guide to Maximizing Online Shopping Portals
Walmart + Credit
Walmart+ offers free shipping on thousands of items from Walmart with no minimum spend requirement. (Minimum order of $35 required for grocery delivery.) Each month you pay for a Walmart+ membership with Amex Platinum, you’ll receive a statement credit for $12.95 plus applicable tax on one membership fee (subject to auto-renewal).
You also get 10 cents off every gallon of gas at select gas stations, including Exxon, Mobil and Murphys. Additionally, streamers can rejoice, as Walmart+ membership is included as a complimentary standard Paramount+ membership. Registration is required, and Plus Up memberships are excluded from credit.
Value: Up to $155 annually
Related: Guide to Amex Platinum Walmart+ Benefits
Purchase, return and extended warranty protection
Many credit cards offer purchase protection and extended warranties, and are worth highlighting in tough economic times for the assurance they offer cardmembers.
With the Amex Platinum Card, you’ll get Purchase Protection* that covers purchases up to $10,000 per incident against damage, loss or theft. A limit of $50,000 in total claims per card applies. Purchase protection benefits are limited to 90 days from the date of purchase. This is a fantastic benefit in case of loss, theft or accidental damage. Conditions apply.
Platinum card offers 90 days Return protection**. If the retailer does not accept the return, Amex will refund the entire purchase price, up to $300 per item, excluding shipping and handling fees. This special benefit is limited to $1,000 per calendar year.
Finally, Amex Platinum’s extended warranty coverage* offers one full year of coverage up to $10,000 per item and $50,000 per calendar year.
*Eligibility and benefit levels vary by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for details. Policies are underwritten by AMEX Assurance Company.
**Eligibility and benefit levels vary by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for details.
Related: Guide to the Best Credit Cards to Use for Purchase Security
Adding your Platinum Credits
key to get value from Amex Platinum Uses credits. But if you have Platinum and can use these statement credits, you’re out Next This card has a $695 annual fee.
- Equinox Credit: Up to $300*
- Digital Entertainment Credit: Up to $240*
- Uber Cash: Up to $200*
- Saks Credit: Up to $100*
- Walmart+ Membership Credit: Up to 155*
- Airline Fee Statement Credit: Up to $200*
- Prepaid Hotel Credit: Up to $200
- Clear Plus Membership Credit: Up to $189*
- Global Entry/TSA PreCheck Credit: Up to $100
- Total annual credit = up to $1,684
*Registration required for select benefits.
Bottom line
With an array of credits, Walmart+ membership and shopping protection, the Amex Platinum Card has plenty of perks beyond travel. These benefits can easily help offset the hefty annual fee. (See rates and fees) and if you’re new to Amex Platinum, you can get a generous welcome offer.
Apply here: Amex Platinum Card
Check the CardMatch tool to see if you’re eligible for the 125,000 or 150,000-point Platinum Card offer (after meeting minimum spending requirements). These offers are subject to change at any time.
For Amex Platinum Card rates and fees, please click here.