Why Im Switching to the Amex Platinum Card: New Benefits Explained

As a budget-conscious traveler, I’ve always been cautious about annual fees on credit cards. My journey began with the American Express® Gold Card, which has a $325 annual fee, a significant step for me as I sought to earn bonus points on groceries. Fast forward a year, and I added my first premium travel card, the Capital One Venture X Rewards Credit Card, which, at a $395 annual fee, seemed more manageable compared to its competitors.

Recently, however, the new benefits introduced for The Platinum Card® from American Express have caught my attention, prompting me to consider applying for it. With an annual fee of $895—$500 more than my most expensive card—I initially hesitated. But after reviewing the perks and potential savings, I believe the value far outweighs the cost.

The Amex Platinum offers statement credits and benefits that enhance my travel experiences, making the annual fee feel less daunting. Here are some of the standout features that have convinced me to make the switch.

One of the most appealing new perks is the enhanced digital entertainment credit, which has increased from $250 to $300 per calendar year. This benefit provides up to $25 in monthly statement credits for eligible purchases with the Amex Platinum at select partners (enrollment required). Notably, the addition of YouTube TV to this list is a game changer for me. Since cutting the cable cord in 2022, my $82.99 monthly subscription to YouTube TV has become an unavoidable expense. With this credit, I can save money on streaming without altering my spending habits—an effortless way to maximize the card’s value.

Another exciting feature is the new U.S. Resy credit, which has been raised to up to $400 per calendar year. This is a significant upgrade from the $100 annual credit I currently enjoy with my Amex Gold, which is divided into two $50 credits. The Platinum card allows for $100 quarterly statement credits when dining at participating U.S. Resy restaurants. I’ve often found that I receive credits without even realizing I dined at a Resy restaurant, making this benefit particularly seamless and beneficial.

For frequent Uber riders like myself, the new up-to-$120 Uber One credit on the Amex Platinum is a major draw. This benefit offers up to $200 in Uber Cash per calendar year, which is deposited monthly—$15 each month and an additional $20 bonus in December (enrollment required). This not only enhances my rides but also provides perks like $0 delivery fees on eligible food and grocery deliveries and 6% back on rides. Coupled with my existing DoorDash DashPass membership from the Chase Sapphire Preferred® Card, the Uber One membership adds even more value to my food delivery needs.

While the new benefits were the final push I needed to apply for the Amex Platinum, I’ve been eyeing its ongoing features for some time. Currently, the Venture X is my only card that offers lounge access, but the Amex Platinum’s extensive American Express Global Lounge Collection is far more impressive. Living in the Southeast and frequently flying out of Charlotte Douglas International Airport (CLT) and Hartsfield-Jackson Atlanta International Airport (ATL)—both of which lack Capital One lounges—this access is particularly appealing. Additionally, I’m looking forward to my first visit to a Delta Sky Club, as Amex Platinum cardholders receive ten visits per year when flying Delta on the same day (enrollment required).

The Amex Platinum also offers a $200 annual credit for airline fees, which is a benefit I’ve admired for a while. This credit can cover common expenses like baggage fees and seat selection, especially useful for someone like me who doesn’t have status with airlines. I plan to utilize this credit with Delta, as my partner and I often travel together, and he holds a card that provides decent perks for American Airlines flights.

As a loyal Walmart+ member, I’m excited about the Amex Platinum’s monthly statement credits of up to $12.95 for my membership. This benefit allows me to enjoy perks like complimentary streaming services, discounts on gas, free delivery, and no minimum order for shipping—all of which I already appreciate.

Moreover, new cardmembers can look forward to a generous welcome offer, with potential bonuses of up to 175,000 Membership Rewards points after spending $8,000 within the first six months. These points are highly valued, often estimated at around 2 cents each, which could translate to a worth of up to $3,500—an enticing incentive for anyone looking to maximize their travel rewards.

Despite my previous reservations about high annual fees, the recent changes to the Amex Platinum have reshaped my perspective. I now see the potential for significant value through its extensive benefits, and I’m eager to explore how this card aligns with my travel habits and lifestyle.

For anyone considering the Amex Platinum, I encourage you to evaluate the benefits and see how they might fit into your own travel plans. The card’s features may very well transform the way you experience travel rewards.

To learn more and apply, check out The Platinum Card from American Express.