Amex statement credits and offers
The American Express Platinum has a long list of credit statement offers that offer discounts or discounts on services ranging from Uber to Walmart +. Depending on your spending habits, some of these credits may be more useful than others, but most cardholders will be able to take advantage of at least some of these credits. Credits offered with American Express Platinum include:
- $ 200 resort credit for qualifying Fine Hotels + Resorts® or The Hotel Collection reservations with American Express Travel
- Up to $ 100 of Saks credits issued in semi-annual credits of $ 50
- Up to $ 200 in Uber Cash credits issued in monthly $ 15 credits with a $ 20 bonus in December. To be eligible, a cardholder must link their eligible card to their Uber account. Uber Cash can be used for groceries or meals in the United States.
- Up to $ 240 in digital entertainment credits for qualifying digital entertainment once enrolled
- $ 155 + Walmart Plus statement credit when you pay your monthly fee of $ 12.95 with your card
- Up to $ 300 Equinox credits issued in monthly $ 25 credits for select Equinox memberships when you pay with your card
- Up to $ 300 in SoulCycle Credits
- Up to $ 200 in Airline Incidental Credit on an eligible airline each year you enroll
For more details on the various American Express Platinum statement credits, take a look at the Forbes Advisor review of American Express Platinum.
In addition to statement credits, all American Express cards feature Amex offers, which are promotions offered in partnership with merchants that can be added to your card online. Amex offers frequently include discounts and discounts of 20% or more on popular domestic suppliers, from Sam’s Club to chain hotels and cruises.
Access to the airport lounge
Venture X and American Express Platinum offer cardholders access to the lounge via Priority Pass. Both cards give access to the primary cardholder and two accompanying guests, as well as to the issuer’s airline network of lounges. However, it’s the card issuers’ own lounges that make the difference where American Express gets ahead. While Capital One’s lounge network currently includes three planned airport lounges, the American Express lounge network includes more than 40 Centurion and Centurion Studios lounges.
In February 2023, American Express will change its lounge access policy, admitting only one cardholder until they meet a spending requirement, which will almost certainly change the math for everyone, with the exception of solo travelers, but for now the benefit of lounge access is with American Express.
However, when it comes to lounge access, there is a special category of travelers who will benefit even more from the airport lounge access offered by the Platinum Card: Solo Delta Air Lines travelers.
Lounge access for the Delta Air Lines Solo Flyer
Yes, we just mentioned lounge access above, but the American Express Platinum deserves a special call for Delta Air Lines travelers.
If you usually travel alone and travel frequently with Delta Air Lines, the American Express Platinum Card can offer tremendous value through its Delta Sky Club access benefit. The card includes access to the Delta Air Lines lounge for the primary cardholder when they are on a Delta itinerary on the same day. If you’re a frequent Delta Air Lines traveler, that alone could tip the scales in favor of the American Express Platinum card.
Transfer partners for travelers based in the United States
Transferring points to airline and hotel partners has long been viewed as the best way to get disproportionate value from transferable points programs and American Express Platinum and Capital One Venture X offer point transfers to many of the same partners. The American Express Platinum Card offers a slight benefit to American travelers, as it exchanges Venture X partners TAP Air Portugal, FinnAir and Turkish Airlines for Virgin Atlantic, JetBlue, Iberia, El Al and Delta.
In addition to Airline Transfer Partners, American Express Membership Rewards points can be transferred to IHG, Hilton and Marriott. While these transfer partners generally represent a low value use of points, they are likely more usable than Capital One, Accor and Wyndam transfer partners for travelers based in the United States.