Platinum Review 2026
EDITOR'S PICKUpdated Feb 16, 2026·CardStack Data Team
Quick Answer
The Platinum earns 5.0X on flights, 5.0X on hotels, 1.0X on all_purchases with a $895 annual fee. The current signup bonus is Up to 175,000 points (worth $1,750 at portal rates) after $8,000 spend. Points transfer 1:1 to airline and hotel partners.
4.7/5
Overall
5.0/5
Rewards
5.0/5
Benefits
5.0/5
Value
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Rewards Structure
| Category | Rate | Effective ¢/$ | MCCs |
|---|---|---|---|
| flights | 5X pts/$ | 5.00¢ | Varies |
| hotels | 5X pts/$ | 5.00¢ | Varies |
| all_purchases | 1X pts/$ | 1.00¢ | Varies |
| Everything Else | 1X pts/$ | 1.00¢ | All |
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Signup Bonus Value
Up to 175,000 points AMERICAN_EXPRESS Points
Spend $8,000 in first 6 months
Cash / statement credit$1,750
Portal redemption (1.00¢/pt)$1,750
Maximum value$1,750
Benefits
Trip Cancellation/Interruption Insurance
$10,000
Baggage Insurance Plan
$3,000
Premium Car Rental Protection
Included
Purchase Protection
$10,000
Extended Warranty
Included
Return Protection
$300
Centurion Lounge + Priority Pass + Airline Lounges
Included
Global Entry/TSA PreCheck Fee Credit
$120
Hotel Elite Status
Included
Effective Annual Fee
Annual fee–$895
$300 Equinox Credit+$300
$240 Digital Entertainment Credit+$240
$200 Airline Fee Credit+$200
$200 Uber Cash+$200
$200 Hotel Credit+$200
$189 CLEAR Credit+$189
$100 Saks Fifth Avenue Credit+$100
Net annual cost+$534 (you come out ahead)
Financial disclaimer: CardStack is not a financial advisor. Credit card terms, APRs, and fees are set by AMERICAN_EXPRESS and subject to change. Verify all information on the issuer's website before applying.
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Strengths and Weaknesses
Strengths
- Signup bonus worth up to $2,188
- 5X top earn rate on bonus categories
- 1:1 transfer to airline and hotel partners
- No foreign transaction fees
Weaknesses
- $895 annual fee
- 1X base rate on non-bonus spending
Who This Card Is For
Point Maximizers
Transfer partners unlock premium redemption value
International Travelers
No foreign transaction fees
Frequently Asked Questions
Is the Platinum worth $895/year?
For moderate spenders, generally yes. The Platinum offers rewards and benefits that typically exceed the $895 annual fee for anyone who uses the bonus categories regularly.
What credit score is needed for the Platinum?
Most successful applicants have a credit score of 670 or higher. Higher scores significantly improve approval odds.
What is the current signup bonus for the Platinum?
The current signup bonus is Up to 175,000 points. Check the issuer's website for the latest offer details and spending requirements.
Methodology
This review draws on data from 35+ independent sources including official product pages, the CFPB Credit Card Agreements Database, community approval datapoints, expert point valuation sources, and our proprietary MCC verification database. Rankings are data-driven with no affiliate influence on placement. Card terms were last verified on February 16, 2026. Full methodology: cardstack.co/methodology.