How Much Is the American Express Platinum Card^® Annual Fee?

6 Min Read | Last updated: September 18, 2025

Want to know more about the annual fee for The Platinum Card^®? Here’s an overview, plus a look at the Card’s abundance of travel and lifestyle credits, perks, and services.

At-A-Glance

The Platinum Card by American Express has a $895 annual fee.¹
With over $3,500 in value, the Platinum Card offers a suite of elevated benefits and statement credits across travel, entertainment, and dining that can help make every day an adventure.
For example, Platinum Card Members can unlock benefits like airport lounge access, complimentary elite status at participating hotels, and special access to exclusive reservations through Global Dining Access by Resy, along with a $400 Resy statement credit.

You can access over $3,500 in annual value when you make eligible purchases across travel, entertainment, and other benefits. Terms apply.

The Platinum Card^® from American Express has long been at the forefront of luxury travel, with high points multipliers and premium rewards. But did you know the Card also offers an abundance of elevated entertainment and dining benefits? Let’s take a closer look at the Platinum Card and see how it continues to go above and beyond.

Palm trees overlayed with American Express Platinum Card

How Much Is the Platinum Card’s Annual Fee?

The Platinum Card has a $895 annual fee.¹ The fee is paid once a year, and the math works out to about $75 a month. At the same time, the Platinum Card can help you unlock over $3,500 in annual value. Here’s a look at just some of the Card benefits and statement credits that this Card includes:

Global Lounge Collection^® (Over $850 of Annual Value): The American Express Global Lounge Collection can provide an escape at the airport. With over 1,550 airport lounges—more than any other credit card company on the market ^[2] —enjoy the benefits of Global Lounge Collection, over $850 of annual value, with access to Centurion Lounges, 10 complimentary Delta Sky Club visits when flying an eligible Delta flight, Priority Pass Select membership (enrollment required), and other select partner lounges.

^[2] As of 07-2025
$200 Uber Cash: With your Platinum Card, you’ll receive $15 in Uber Cash to use on eligible orders with Uber Eats and rides with Uber in the U.S. every month plus a bonus $20 in December, delivered through an exclusive Uber app experience. That’s up to $200 for Uber orders with Uber Eats and rides with Uber annually when you select an Amex Card for your transaction. You’ll also become an Uber VIP, where available, without meeting minimum ride requirements and be matched with top-rated drivers, so that even a 5-minute trip can be a 5-star experience.³
$120 Uber One Credit: Receive up to $120 in statement credits each calendar year after you purchase an auto-renewing Uber One membership with your Platinum Card. Terms apply.⁴
$300 Digital Entertainment Credit: Experience the latest shows, news, and recipes. Get up to $25 in statement credits each month when you use the Platinum Card for eligible purchases on Disney+, a Disney+ bundle, ESPN+, Hulu, The New York Times, Paramount+, Peacock, The Wall Street Journal, YouTube Premium, and YouTube TV when you purchase directly from one or more of the providers. This can be an annual savings of up to $300. Plus, Platinum Card Members will get exclusive access to special perks from time to time. Enrollment required.⁵
$600 Hotel Credit: Make your next trip even more memorable with over 3,000 hotels to choose from, all handpicked with high standards. Save by getting up to $300 back in statement credits semi-annually (for up to a total of $600 in statement credits per calendar year) on prepaid Fine Hotels + Resorts^® or The Hotel Collection bookings through American Express Travel when you pay with the Platinum Card.⁶
$400 Resy Credit: With the Platinum Card, you can receive a $400 Resy Credit. With over 10,000 U.S. restaurants ^[7] to discover, Resy allows you to find and book reservations for any dining occasion. When you use the Platinum Card to dine at U.S. Resy restaurants or make other eligible purchases with Resy, you can get up to $100 in statement credits each quarter. Enrollment required.⁸

^[7] As of 03/25
$209 CLEAR^® Plus Credit: Every minute counts when you’re eager to travel. CLEAR Plus helps get you to your gate faster by using unique facial attributes to verify you are you at 50+ airports nationwide. Use the dedicated CLEAR Lane to confirm your identity without taking out your passport or identification – this can mean shorter lines, less waiting. Receive up to $209 in statement credits per calendar year after you pay for your CLEAR Plus Membership (subject to auto-renewal) with your Platinum Card.⁹
$200 Airline Fee Credit: Get up to $200 per calendar year in statement credits after eligible incidental fees, including checked bags or in-flight refreshments, are charged to your Card by one qualifying airline of your choice. ^[10]

^[10] American Express relies on airlines to submit the correct information on airline transactions to identify incidental fee purchases. If you do not see a credit for a qualifying incidental purchase on your eligible Card after 8 weeks, simply call the number on the back of your Card. Qualifying airlines are subject to change. See terms & conditions for more details
Fine Hotels + Resorts ($550): With over 1,800 luxury properties around the world, when you book Fine Hotels + Resorts through American Express Travel^®, you can receive access to a suite of benefits with an average total value of $550 ^[12] in perks, based on the average value of Fine Hotels + Resorts bookings in 2024. like complimentary breakfast, statement credits, and late check-out.¹¹

Note that The Hotel Collection requires a minimum two-night stay, and certain room categories are not eligible for upgrade.

^[12] Average value based on Fine Hotels + Resorts bookings in 2024 for stays of two nights. Benefits include daily breakfast for two, room upgrade upon arrival when available, $100 credit towards eligible charges (which vary by property), guaranteed 4PM late checkout and noon check-in when available. Certain room categories not eligible for upgrade. Actual value will vary based on property, room rate, upgrade availability, and use of benefits.
$300 Lululemon Credit: Move through your day in lululemon apparel designed for where life takes you. With the $300 lululemon Credit, you can get up to $75 in statement credits each quarter when you use the Platinum Card for eligible purchases at lululemon retail stores (excluding outlets) and lululemon.com. Enrollment required.¹³
$155 Walmart+ Credit: Save on eligible delivery fees, shipping, and more with a Walmart+ membership. Use your Platinum Card to pay for a monthly Walmart+ membership and get up to $12.95 plus applicable taxes back on one membership (excluding Plus Ups) each month.¹⁴
$100 Saks Credit: Express your love for fashion or timeless style with a Saks credit of up to $100. Whether you’re updating your capsule wardrobe or investing in new standout pieces for a night on the town, this credit can make it easier to top up your wardrobe. Earn a $100 statement credit for purchases at Saks Fifth Avenue when you pay at saks.com or in-store with the Platinum Card. Enrollment required.¹⁵

Note that this is just a snapshot of some of the things that the Platinum Card offers. For a complete list of Card benefits, visit the Platinum Card page.

Experience Membership Together: Adding Additional Card Members to the Platinum Card

Like all American Express Cards, the Platinum Card allows you to add Additional Card Members, commonly known as “authorized users,” to your account. With Additional Cards, you can extend access to select Platinum benefits. Each Additional Platinum Card has an annual fee of $195, and Additional Card Members must be 13 years of age or older.¹⁶

Adding Additional Card Members to your Platinum Card account can be a great way to maximize points-earning potential and extend select benefits to those you care about. If you’re the Basic Card Member (meaning you’re the primary account holder), you’ll earn rewards on your Additional Card Member’s purchases the same way you do on your own Card, so the rewards can really add up.

Additional Card Members can also share many of the same benefits, such as:

Access to the American Express Global Lounge Collection
Complimentary elite status at select hotels
Global Entry or TSA PreCheck^® fee credits
And more

For Platinum Card Members who prefer a streamlined supplementary card, Companion Platinum Cards^® are also an option with no added annual fee. However, it’s important to keep in mind that Companion Card Members may not get all the same benefits as an Additional Card Member.

Remember: While Additional Card Members are not account owners, they are authorized to use the primary Card Member’s account. The primary Card Member is responsible for all spending activity and must pay for all charges made by Additional Card Members.

The Takeaway

Experience elevated travel, dining, entertainment, shopping, and wellness with The Platinum Card by American Express. With over $3,500 in annual value, it’s easy to see how the $895 annual fee can quickly be offset. You can also add an Additional Card Member to Platinum for an annual fee of $195 or a Companion Card Member at no additional cost.

¹ For more on Rates and Fees for The Platinum Card^®, click here.

^{3,4,5,6,8,9,11,13,14,15,16} For more on Offer & Benefit Terms for The Platinum Card^®, click here.

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Megan Doyle is a business technology writer and researcher whose work focuses on financial services and cross-cultural diversity and inclusion.

All Credit Intel content is written by freelance authors and commissioned and paid for by American Express.

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