Amex Platinum (Schwab) Benefits, Credits & Annual Fee

• 80,000 Membership Rewards points

  $12,000 eligible purchases 6 months from account opening Net eligible purchases; excludes fees, interest, cash equivalents, gift/prepaid cards and person-to-person payments. Basic and additional card purchases count; account must remain open and current. Prior card ownership and Amex application history may make applicant ineligible; Amex determines eligibility before acceptance. Eligible Charles Schwab account required. Prior standard, Schwab or Morgan Stanley Platinum may exclude eligibility.

  Checked Oct 14, 2026Source

• Walmart+ Monthly Membership Credit$12.95 / moTrackable

  Statement credit for one monthly Walmart+ membership (subject to auto-renewal) after you pay for Walmart+ each month with the Card. Up to $12.95 plus applicable local sales tax. Plus Ups not eligible.

  Checked Sep 27, 2026
• Airline Incidental Fee Credit$200 / yrTrackable

  Receive up to $200 back per year as statement credits on incidental charges - think checked bags, seat upgrades, or in-flight purchases - from one airline you select. Ticket purchases don't qualify. You must choose your preferred airline before the credit applies.

  Resets: Calendar yearChecked Jul 4, 2026
• American Express Venue Collection Concessions Statement Credit$250 / yrTrackable

  Get 10% back in statement credits on qualifying food and beverage concessions at American Express Venue Collection stadiums and arenas. Enroll your Card before paying at a participating venue. Credits are capped at $250 per calendar year; the offer ends December 31, 2026.

  Resets: Calendar yearChecked Sep 27, 2026
• CLEAR+ Credit$219 / yrTrackable

  Up to $219 in statement credits per calendar year after you pay for CLEAR+ with the Platinum Card from American Express for Charles Schwab. Excludes applicable taxes.

  Resets: Calendar yearChecked Sep 27, 2026
• Digital Entertainment Credit$25 / moTrackableEnrollment required

  Get up to $25 in statement credits each month ($300 per year) on eligible purchases at participating digital entertainment partners. Enrollment required. Check participating partners on americanexpress.com/platinum.

  Resets: MonthlyChecked Sep 14, 2026
• Equinox Credit$300 / yrTrackable

  Get up to $300 in statement credits each calendar year for eligible Equinox membership fees or a standalone Equinox+ subscription. Pay with a Card on your Platinum account. The $300 limit is shared across Basic and Additional Cards.

  Resets: Calendar yearChecked Sep 27, 2026
• Fine Hotels + Resorts Credit$300 / 6moTrackable

  Get up to $300 in statement credits semi-annually on prepaid Fine Hotels + Resorts or The Hotel Collection bookings through American Express Travel when you pay with your Platinum Card from Charles Schwab.

  Resets: Twice a yearChecked Sep 14, 2026
• Global Entry / TSA PreCheck Application Fee Credit$120 / 4yrTrackable

  Get a statement credit for either a Global Entry application fee of up to $120 or a TSA PreCheck application fee of up to $85. Charge the application to your Basic or eligible Additional Card; use an official enrollment provider for TSA PreCheck. One credit is available every four years.

  Checked Sep 27, 2026
• Lululemon Credit$75 / qtrTrackableEnrollment required

  Get up to $75 back per quarter ($300 per year) as statement credits on eligible purchases at U.S. lululemon retail stores (excluding outlets) and lululemon.com. Enrollment required. Quarterly credits do not roll over.

  Resets: QuarterlyChecked Sep 14, 2026
• Oura Ring Credit$200 / yrTrackable

  Get up to $200 in statement credits each calendar year for an Oura Ring. Enroll and buy the ring online at the U.S. ouraring.com website with your Card. Purchases outside the eligible website do not qualify under the stated terms.

  Resets: Calendar yearChecked Sep 27, 2026
• Resy Credit$100 / qtrTrackableEnrollment required

  Receive up to $100 back per quarter ($400 per year) as statement credits when you pay with your card at Resy-listed restaurants. Enrollment required. Credits are issued per quarter and do not carry over.

  Resets: QuarterlyChecked Sep 14, 2026
• Schwab Holdings Statement Credit$100 / yrTrackable

  Get a yearly statement credit of $100, $200 or $1,000, depending on your qualifying Schwab holdings or Schwab Private Wealth membership. Only the Basic Card Member can receive one bonus per year of Card Membership.

  Resets: Calendar yearChecked Oct 9, 2026
• SoulCycle At-Home Bike Credit$300 / yrTrackable

  Get a $300 statement credit for each qualifying SoulCycle At-Home Bike purchase, up to 15 bikes per calendar year. Buy each bike in a single purchase at equinoxplus.com/bike with your Card. A 12-month Equinox+ membership is required, and shipping is limited to the contiguous U.S. and Washington, D.C.

  Resets: Calendar yearChecked Oct 9, 2026
• Uber Cash$200 / yrTrackable

  $15 in Uber Cash each month plus a $20 December bonus after adding the Card to your Uber account ($200 annual). Use on rides and orders in the U.S. when selecting an Amex Card.

  Checked Sep 13, 2026
• Uber One Credit$120 / yrTrackable

  Get up to $120 back in statement credits each calendar year when you use the Card to purchase an auto-renewing Uber One membership.

  Resets: Calendar yearChecked Sep 27, 2026

Travel Benefits

• Cruise Privileges Program On-board Credit

  Get $100 to $300 in on-board credit per qualifying stateroom, plus an on-board amenity. Book an eligible sailing through the Cruise Privileges Program and use the credit aboard the ship. Benefits apply only on participating cruise lines.

  Checked Oct 9, 2026
• Destination Family

  Get Destination Family benefits on qualifying cruises or tour packages. Make a new eligible booking through American Express Travel with a participating travel provider and pay with your eligible Card. Benefits do not apply to existing bookings or nonparticipating providers.

  Checked Sep 27, 2026
• Fine Hotels + Resorts Program Benefits

  Get daily breakfast for two, a $100 credit toward eligible charges, guaranteed 4 p.m. checkout, and complimentary Wi-Fi on qualifying Fine Hotels + Resorts stays. Book an eligible property through American Express Travel. Noon check-in and a room upgrade are provided when available.

  Checked Sep 27, 2026
• Insider Fares

  Use fewer Membership Rewards points on qualifying flights offered as Insider Fares. Search eligible flights through American Express Travel and choose an Insider Fare when available. Point prices and fare availability vary by itinerary.

  Checked Sep 27, 2026
• Lowest Hotel Rates Guarantee

  Get a refund of the price difference if you find a lower qualifying online rate for a hotel booked on AmexTravel.com or the Amex Travel App. Submit a matching lower-rate claim under the guarantee. Room, dates, guests, rate type, and booking policies must match; comparisons exclude taxes and fees.

  Checked Sep 27, 2026
• The Hotel Collection Program Benefits

  Get a $100 credit toward eligible charges with a qualifying The Hotel Collection stay. Book an eligible property through American Express Travel to use the program benefits. A noon check-in, 4 p.m. late checkout, and room upgrade are offered when available.

  Checked Sep 27, 2026
• The Hotel Collection Property Credit$100

  Get a $100 property credit toward eligible charges with each qualifying The Hotel Collection booking. Book an eligible stay through American Express Travel and use the credit for qualifying charges at the property. It is a stay benefit, not cash back on your Card.

  Checked Sep 27, 2026

Lounge Access

• Airport Lounge Access: Centurion Lounges

  Access American Express Centurion Lounges at no charge. Guests are $50 per adult or $30 per child (ages 2-17). Authorized users receive the same access. Free guest access after $75,000 in calendar-year spend is tracked as a spend goal.

  Checked Sep 27, 2026
• Airport Lounge Access: Priority Pass LoungesEnrollment required

  Gain access to thousands of Priority Pass lounges around the world at no charge, and bring up to two guests per visit for free. You must enroll first to receive your Priority Pass membership card. Note that Priority Pass restaurant credits are not included with this version.

  Checked Sep 27, 2026
• Airspace, Escape, and Plaza Premium Lounge Access

  Enjoy complimentary entry to Airspace Lounges, Escape Lounges, and Plaza Premium Lounges for yourself and up to two guests per visit. Platinum authorized users on your account receive the same complimentary access.

  Checked Sep 27, 2026
• Global Lounge Collection

  Access to Centurion Lounges, 10 Delta Sky Club visits when flying on an eligible Delta flight, Priority Pass membership (enrollment required), and other select partner lounges. Over $850 stated annual lounge value as of 01/2026.

  Checked Sep 27, 2026
• Sidecar by The Centurion Lounge Access

  Get complimentary access to Sidecar by The Centurion Lounge as an eligible Platinum Card Member; venue entry rules and timing differ from standard Centurion Lounges.

  Checked Sep 27, 2026
• Unlimited Delta Sky Club Access and Centurion Guest Access after $75,000 SpendTrackableMin spend $75,000

  Spend $75,000 or more on eligible purchases in a calendar year to unlock two rewards: unlimited Delta Sky Club visits through the end of the following year, and complimentary access for up to two guests per visit at The Centurion Lounge (U.S. and select international locations) and Sidecar by The Centurion Lounge (U.S.). Base 10 annual Delta Sky Club visits without that spend come with the Global Lounge Collection.

  Resets: Calendar yearChecked Sep 27, 2026
• Airport Lounge Access: Delta Sky ClubsTrackable

  Cardholders receive 10 Delta Sky Club visit-days per Medallion Year (February 1 through January 31) when traveling on an eligible Delta flight. No spend is required for the 10 visits. Authorized Platinum users are also covered. Unlimited Sky Club access after $75,000 calendar-year spend is tracked as a separate benefit.

  Resets: Calendar yearChecked Oct 1, 2026

Hotel Status

• Hilton Honors Gold Status

  Get complimentary Hilton Honors Gold status with your Platinum Card. Enroll through the Benefits section of your American Express online account or call the number on your Card. Basic and Additional Platinum Card Members can enroll.

  Checked Sep 27, 2026
• Leaders Club Sterling Status

  Get Leaders Club Sterling Status with The Leading Hotels of the World. Enroll in the status benefit to use it with participating properties. U.S. Platinum Card Members and Additional Platinum Card Members can enroll.

  Checked Sep 27, 2026
• Marriott Bonvoy Gold Elite Status

  Get complimentary Marriott Bonvoy Gold Elite status. Enroll in the Benefits section of your American Express online account or call the number on your Card. Basic and Additional Platinum Card Members can use this enrollment benefit.

  Checked Sep 27, 2026

Rental Car

• Car Rental Loss and Damage Insurance

  Get coverage for qualifying rental-car loss or damage under the Card's insurance plan. Check the rental and claim requirements before renting, and provide the required documentation if you file a claim. Vehicle, location, coverage-limit, and other exclusions may apply.

  Checked Oct 9, 2026
• Car Rental Privileges (Avis, Hertz, National)

  Get complimentary elite status with select car rental companies, including Avis, Hertz and National. Enroll in each company's program to activate the status.

  Checked Oct 9, 2026
• Hertz Gold+ Membership

  Get complimentary Hertz Gold+ membership for participating Hertz rentals. Enroll in the program and add your membership number when reserving a car. Membership is free with this benefit, but it does not start automatically.

  Checked Sep 27, 2026
• Hertz President's Circle Status

  Get Hertz President's Circle status benefits at participating rental locations. Include your Hertz Gold+ membership number in your reservation to use your status. The additional benefits depend on participation at the rental location.

  Checked Sep 27, 2026
• Hertz Rental Return Grace Period

  Get a four-hour grace period when returning a qualifying Hertz rental in the U.S., before an extra-day time or mileage charge applies. Enter the designated Amex Corporate Discount Code when reserving and pay with your Platinum Card. The grace period applies to eligible U.S. rentals.

  Checked Sep 27, 2026
• Hertz Rental Savings20%

  Save up to 20% on published Hertz base rental rates. Use the applicable Platinum Card Hertz booking offer when making a qualifying reservation. The discount applies to the base rate, so taxes, fees, and extras may still be charged.

  Checked Sep 27, 2026

Travel Insurance

• Baggage Insurance Plan

  Get baggage coverage for qualifying travel under the Card's insurance plan. If baggage is lost or damaged, file a claim with the required travel and loss documentation. Coverage depends on the plan's terms, limits, and exclusions.

  Checked Oct 9, 2026
• Premium Global Assist Hotline Emergency Medical Transportation Assistance

  Get possible emergency medical transportation assistance through the Premium Global Assist Hotline. Contact the hotline so it can approve and coordinate any transportation before it takes place. Transportation may be provided at no cost only when approved and coordinated by the hotline.

  Checked Oct 9, 2026
• Trip Cancellation and Interruption Insurance

  Get secondary coverage for covered losses if a qualifying trip is canceled or interrupted. File a claim with the benefit administrator and provide the required trip and loss documentation. Coverage applies only to covered reasons and is subject to policy limits and exclusions.

  Checked Sep 27, 2026
• Trip Delay Insurance

  Get secondary coverage for covered costs from a qualifying trip delay. Submit a claim with receipts and trip documentation under the insurance terms. Covered delays, reimbursement limits, and exclusions apply; other applicable coverage pays first.

  Checked Sep 27, 2026

Bonus Earnings

• 2X Points on American Express Travel Online2x points

  Earn at least one additional Membership Rewards point per dollar on eligible travel purchases made through AmexTravel.com or the Amex Travel App. Pay with your Membership Rewards-enrolled Card. Combined with base earning, qualifying purchases earn at least 2 points per dollar.

  Checked Sep 30, 2026
• 2X Points on Cruises2x points

  Earn 2 Membership Rewards points per dollar on eligible cruise bookings made through American Express Travel, including one extra point above base earning. Use your rewards-enrolled Platinum Card for the booking. The bonus applies only to eligible cruise purchases.

  Checked Oct 1, 2026
• 2x Points on Platinum Destinations Vacations2x points

  Earn one extra Membership Rewards point per eligible dollar on Platinum Destinations Vacations bookings. Use your Membership Rewards-enrolled Card for a qualifying booking. Separate airfare and other charges associated with the vacation booking do not earn this extra point.

  Checked Sep 27, 2026
• 5X Membership Rewards on Flights5x points

  Earn 5X Membership Rewards points for flights booked directly with airlines or through American Express Travel, on up to $500,000 on these purchases per calendar year.

  Checked Oct 2, 2026
• 5X Membership Rewards on Prepaid Hotels via Amex Travel5x points

  Earn 5X Membership Rewards points on prepaid hotels booked with American Express Travel, including Fine Hotels + Resorts and The Hotel Collection.

  Checked Sep 14, 2026
• 5X Points on Prepaid Vacation Rentals5x points

  Earn 5 Membership Rewards points per dollar on qualifying prepaid vacation rentals. Book and prepay the rental through AmexTravel.com with your Platinum Card. Vacation rentals booked through other channels do not qualify for this rate.

  Checked Sep 30, 2026
• 1X Membership Rewards Base Earning1x points

  Earn 1 Membership Rewards point for every dollar spent on eligible purchases.

  Checked Sep 14, 2026

Dining Benefits

• Global Dining Access by Resy

  Get access to select Resy reservations, dining events, and Priority Notify alerts. Use Global Dining Access on Resy to look for participating restaurants and set alerts for tables matching your preferences. Priority Notify applies at participating U.S. locations, and reservations and events are subject to availability.

  Checked Sep 27, 2026
• Platinum Nights by Resy

  Get access to Platinum Nights by Resy dining reservations. Search for participating reservations through Resy and book an available table. The benefit covers in-restaurant reservations only on select nights in select cities.

  Checked Sep 27, 2026

Purchase Protection

• Cell Phone Protection

  Get coverage for a covered cell phone under the Card's cell phone protection plan. Check the benefit terms before making a claim to confirm covered events and required documentation. Coverage has limits and applies after other available insurance or indemnity.

  Checked Sep 27, 2026
• Extended Warranty

  Get extended warranty coverage for qualifying purchases under the Card's benefit terms. Keep your receipt and original warranty information in case you need to file a claim. Covered products, warranty lengths, limits, and exclusions apply.

  Checked Oct 9, 2026
• Purchase Protection

  Get protection for qualifying purchases against covered losses under the Card's benefit terms. Keep your receipt and submit a claim with supporting documentation if an item is affected. Coverage periods, reimbursement limits, and exclusions apply.

  Checked Oct 9, 2026
• Return Protection

  Get possible reimbursement for a qualifying purchase when a merchant will not accept its return. Submit a claim under the Card's Return Protection terms and keep your purchase documentation. Item eligibility, claim deadlines, exclusions, and reimbursement limits apply.

  Checked Oct 9, 2026

Concierge & Membership

• American Express Concierge

  Get help with available event tickets, reservations, travel questions, and shopping requests through American Express Concierge. Contact the concierge and describe the service you need. Requests are limited to services American Express considers reasonable, and availability is not guaranteed.

  Checked Sep 27, 2026
• Uber Signature Support for Amex

  Get access to Uber Signature Support for Amex through supported Uber services. Find it in the Account section of the Uber, Uber Eats, or Postmates app under Partner Rewards or Help. Support access is provided through those app pages, not as a statement credit.

  Checked Sep 27, 2026

Entertainment

• American Express Venue Collection Entrances and Fast Lanes

  Use dedicated Card Member entrances or fast lanes at venues in the American Express Venue Collection. Availability depends on the venue.

  Checked Oct 9, 2026
• Amex Preferred Tickets

  Get access to purchase Amex Preferred Tickets for select events and seats. Look for an eligible ticket offer and pay with a qualifying American Express Card. Tickets are offered only during specified sales periods and while supplies last.

  Checked Sep 27, 2026
• Amex Presale Tickets

  Get access to buy select event tickets before the general on-sale date. Look for Amex Presale Tickets during an event's presale window and use your American Express Card to purchase. Eligible events and seats are limited, and availability is not guaranteed.

  Checked Sep 27, 2026
• Amex Reserved Tickets

  Get access to purchase Amex Reserved Tickets for select events and seats. Find a participating event and use your American Express Card during its designated sales period. Inventory is limited to the seats and dates offered for that event.

  Checked Sep 27, 2026
• Premium Events Collection

  Get access to Premium Events Collection experiences with your Platinum Card. Browse available experiences and follow the booking instructions for the event you choose. Experiences are limited to participating events and are subject to availability and event terms.

  Checked Sep 27, 2026

Fees & Miscellaneous

• Membership Rewards Points Cash Out via Schwab

  Redeem your Membership Rewards points as a direct deposit into your linked Schwab brokerage account at 1.1 cents per point - so 10,000 points nets you $110. Select the Schwab deposit option in the Membership Rewards portal. An eligible Schwab brokerage account is required.

  Checked Jul 4, 2026
• No Companion Platinum Card Annual Fee

  Add Companion Platinum Cards without an annual fee for those Cards. Request a Companion Platinum Card for someone you want to add to your account. This fee waiver applies to Companion Platinum Cards, not necessarily other types of Additional Cards.

  Checked Sep 27, 2026
• No Foreign Transaction Fees

  No foreign transaction fees on purchases made outside the U.S. or in a foreign currency.

  Checked Sep 26, 2026
• No Preset Spending Limit

  Your Card has no fixed preset spending limit. Use it for purchases subject to American Express approval, which can reflect your account and spending history. No preset limit does not mean unlimited spending.

  Checked Sep 27, 2026
• Pay With Points at Checkout

  Use Membership Rewards points toward purchases at participating checkout partners. Choose Pay With Points when an eligible travel, shopping, dining, or entertainment checkout offers it. Availability and redemption options vary by partner and purchase.

  Checked Sep 27, 2026
• Pay with Points on American Express Travel

  Use Membership Rewards points toward eligible purchases through American Express Travel. Charge the purchase to a Membership Rewards-enrolled American Express Card and choose the Pay with Points option. The purchase must be made through American Express Travel to qualify.

  Checked Sep 27, 2026
• Points for Statement Credit

  Redeem Membership Rewards points for a statement credit on your Card account. Select the statement-credit redemption option in your rewards account. Points are deducted immediately, and the credit generally appears within 48 hours.

  Checked Sep 27, 2026
• Using Points for Charges

  Use Membership Rewards points to cover eligible charges on your Card account. Select a qualifying charge through your rewards account to redeem points against it. Only the Basic Card Member can use points for charges.

  Checked Sep 27, 2026