A storied return: Delta, American Express bring back popular airplane metal credit card design Delta News Hub
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To date, the card's numerous credits, access to airport lounges, hotel elite status, and other perks have helped cardmembers squeeze value from it. This card has an unusual payment structure due to its history as a charge card. Unlike traditional credit cards, charge cards don't let you carry a balance and require instead that pay your bill in full every month. However, this card offers two different features — "Plan It®" and "Pay Over Time" — that allow it to function more like a traditional card.
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My 8-year-old daughter can't become an authorized user on my card. However, the $50 guest fee at Delta Sky Clubs should trigger the Platinum Card's up to $200 annual airline fee credit, since I've designated Delta as my eligible carrier (enrollment is required). If you think Amex or Delta lounge access is worth the $50 charge for guests, you'd cover the $195 annual fee for authorized users after four visits each year. Ariana Arghandewal is a travel rewards expert and founder of Pointchaser.com, an award-winning blog. She has over a decade of experience writing about personal finance and travel rewards.
American Express Platinum Review 2024
For example, with a 12-month commitment, you'd pay $240 per month for membership at the Rockefeller Center location, and $275 per month if you want access to all U.S. clubs. The downside is that CLEAR® Plus screening is only in select locations, so if the airports you travel through don't participate, this benefit is of little use to you. However, the program is also available at a handful of stadiums, so if you're a sports fan who likes to attend live games, this could end up being a good deal.
Shop and travel with the power of American Express Membership in your pocket.
We've noticed an undeniable shift, however, as the card's perks extend beyond travel. Unlike the invitation-only Amex Centurion Card that comes with an Equinox Destination Access membership valued at more than $3,000, a $25 credit per month would only cover a fraction of an Equinox membership, depending on the location. That access includes prime time tables at many of the most in-demand restaurants across the U.S. and internationally, including Carbone New York, Don Angie, Le Bernardin, Eleven Madison Park, Cosme, Lilia and many more. For current Platinum cardholders, the new fee takes effect with renewal dates on or after Jan. 1, 2022.
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While all purchases count toward the card's minimum spending requirements, it's a single deposit of points. However, it's worth pointing out that the above chart indicates that all additional members added to an Amex Platinum account — both additional Platinum Card and additional companion cards — are eligible. Finally, it's worth pointing out that you must enroll in Priority Pass to be eligible to access Priority Pass lounges (you can get into the other lounges in the American Express Global Lounge Collection by simply showing your Platinum Card). Additional cardholders can't enroll online; they need to call the number on the back of their Platinum Card to enroll. Here's a rundown of the key benefits that additional Platinum cardholders will enjoy.
The American Express® Gold Card (Terms apply, see rates & fees) is the mid-range option for those who wish to earn American Express Membership Rewards points. Of course, adding an authorized user is not as simple as gaining access to additional benefits. As the primary cardholder, you are responsible for all charges on your account, including those charged by others. For this reason, you should only add other cardholders you completely trust to not run up your balance. Remember, too, that you must pay your Amex Platinum balance in full each month (though you should really do this with all credit cards).
5 Ways Your Amex Platinum Card Can Get You Amazing Deals - The Motley Fool
5 Ways Your Amex Platinum Card Can Get You Amazing Deals.
Posted: Fri, 26 Apr 2024 11:00:14 GMT [source]
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It also appears on our list of the best cards for trip delay insurance. Only Walmart+ monthly memberships (not annual) qualify for this perk. A Walmart+ membership gets you free delivery, free shipping with no minimums, pharmacy discounts, and other perks — so if you're already a Walmart shopper it's a no-brainer to use this benefit. Again, if this is something you'd pay for anyway, these credits could amount to a nice little discount — but keep in mind that Equinox memberships are not cheap.
The compensation we receive from advertisers does not influence the recommendations or advice our editorial team provides in our articles or otherwise impact any of the editorial content on Blueprint. Blueprint does not include all companies, products or offers that may be available to you within the market. The premium rewards card market is crowded, with cardholders eager to pay hundreds of dollars in annual fees to get luxury perks. For additional options, check out our full list of the best cards for travel rewards and lounge access. As with any new welcome offer, assess whether the spending requirements work with your existing needs and that the ongoing perks and rewards align with your typical spending.
With a high annual fee but numerous benefits that can offset it, this card offers exceptional value for those who can take advantage of its offerings. The Hotel Collection provides fewer benefits but is bookable by additional Amex Gold cardholders. However, if you opt to add additional Platinum cardholders to your account (and incur the $195 in annual fees that each one costs), that does unlock a variety of perks. This credit card is not just good – it’s so exceptional that our experts use it personally. It features a lengthy 0% intro APR period, a cash back rate of up to 5%, and all somehow for no annual fee!
However, the Business Gold has excellent benefits and earns 4X Membership Rewards points on your top two monthly categories from the select list of options below. If you spent exclusively in these categories to earn the welcome offer, you’d reach 110,000 points (representing an 11 percent return on your spending). The new annual fee structure for additional Platinum cardholders likely has existing customers questioning whether it's worth it. After all, jumping from a total yearly cost of $175 to $585 for three authorized users is a massive increase. More casual travelers may not benefit enough to warrant the new $195 annual fee for each additional Platinum cardholder. This is a great way to ensure you maximize these statement credits.
Meanwhile, Platinum x Julie Mehretu brings Mehretu’s signature style to the Platinum Card by evoking the abstract modernity for which she is known. American Express has collaborated with two of the most celebrated artists of our time to reimagine the Platinum Card design. Two Art x Platinum designs that transform and redefine what the Platinum Card can be. Kehinde Wiley, famously known for his botanical backdrops, brings his iconic art to the Platinum Card.
Once you enroll, you can use special lanes to breeze through airport security — you won't have to remove shoes and light coats, and you can leave your laptop in your bag. With Global Entry, you can use a fast lane when you return to the U.S. from abroad, which makes clearing immigration and customs easy and quick. The Platinum Card® from American Express requires good to excellent credit to qualify. Issuers will usually also consider your current debts, income, and other pertinent information. Membership Rewards points are worth a baseline value of about 0.5 cents to 1 cent each, depending on how you redeem them.
Once you’ve received a welcome bonus for a particular card (or family of cards in some cases), you generally won’t be eligible to receive another one for the same card. This limits the number of Membership Rewards points you can earn via credit card welcome bonuses, making the Amex Gold a great addition to your wallet if you want more points quickly and you follow the terms. To be eligible to earn both welcome offers according to the American Express terms, you’ll likely need the Gold first and then the Platinum rather than vice-versa. Despite the high annual fee, The Platinum Card from American Express is still a very credible travel rewards card. Frequent fliers should consider the card to maximize the various perks and justify the $695 annual fee. Despite the high fee, the Platinum card still offers more perks than most travel cards.
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