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At what point is the Amex Platinum worth it?

The statement credits alone are worth over $1,400, but they are somewhat limited and don't match most cardholders' spending patterns. As long as you're able to get enough value with this card to cover the $695 annual fee, The Platinum Card® from American Express is worth considering.



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Compare Amex Platinum to other cards Amex Platinum has a higher annual fee than most credit cards, but it also offers unparalleled travel benefits and a robust rewards program. For example, your card gives you access to Delta Sky Club, The Centurion Lounge and several other airport lounge options.

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Upcoming Changes to the American Express Platinum Card The card's annual fee is set to increase from $699 to $799 (all figures in CAD) per year. If you currently have a Platinum Card, this fee will come into effect on your next card anniversary date after September 26, 2023.

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As part of The American Express Global Lounge Collection®, Platinum Card® members can enjoy unlimited, complimentary access to Plaza Premium lounges around the world. Plaza Premium is a network of airport lounges around the world that are open to The Platinum Card® members, regardless of airline or ticket class.

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