Our take

For anyone travelling full time, part time, or at least somewhat frequently, the card’s annual fee should be no issue at all. The travel credit alone covers the most of it, and whatever is left you can easily make up with rewards points and additional travel perks.

Details
  • Earn 60,000 Membership Rewards® Points after you use your new Card to make $5,000 in purchases in your first 3 months.
  • 5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel.
  • 5X Membership Rewards® points on eligible hotels booked on amextravel.com.
  • Up to $200 Uber Savings Annually.
  • $200 Airline Fee Credit. Receive up to $200 a year in baggage fees and and other incidental fees at one airline. Terms Apply.
  • $100 Fee Credit for Global Entry or TSA PRE✓®.
  • Receive complimentary benefits of up to $550 at over 975 extraordinary properties worldwide when you book Fine Hotels & Resort. Learn More. Terms Apply.
  • As a Platinum Card Member, you can enjoy access to the American Express Global Lounge Collection, the only credit card airport lounge access program that includes proprietary lounge locations across 120 countries.
  • No interest charges because you pay your balance in full each month.
Pros
No foreign transaction fee
High rewards rate
Sign-up bonus
Cons
Has annual fee
Recomended Credit score
Poor
300
Fair
630
Good
690
Excellent
720
850
Bonus offer
Bonus value
$1140
Earn 60,000 Membership Rewards® Points after you use your new Card to make $5,000 in purchases in your first 3 months.
Welcome bonus offer not available to applicants who have or have had this product.
Rewards
Airline
5 points / $1
Travel
5 points / $1
Hotel
5 points / $1
Other
1 point / $1
Rates and fees
Purchase regular apr
0%
Regular annual fee
$550
Foreign transaction fee
0%
Late payment fee
up to $38
Return payment fee
up to $38

The card is expensive, but that’s about the only drawback. The annual fee is compensated almost entirely by the free credits for Uber and select airlines. Beyond that, you get free access to a wide range of airport lounges, elite hotel status, and 5X rewards on travel. No brainer card for a frequent traveler if there ever was one.

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