The Platinum Card® from American Express Review

Similar to the Business version of this card, the annual fee is $450. For this amount, not only does the cardholder acquire the prestige of carrying platinum, but there are quite a few extra-special perks that weigh in at more than the $450 face value. The user can receive over $450 in complimentary benefits alone with every stay at more than 700 luxurious hotels around the world when travel is booked through Platinum Travel Service. The person who uses the Platinum Card will be regarded and treated as a VIP everywhere.

Bonus Points. At the time of this review, you can earn 25,000 Membership Rewards points bonus, redeemable for one domestic round-trip Coach-Class airline ticket, when you spend $1,000 during your first three months of Card membership.

Further Earnings. Earn one point for every dollar spent on regular purchases. Earn two points for every dollar spent with American Express Travel. And currently you can earn up to TEN points for every dollar when you shop over 300 brands online at complimentary access to participating American Airlines Admiral Club, Delta Sky Club, and US Airways Club.

$200 Airline Fee Credit. You choose on which airline you would like to spend the credit. Use it towards baggage fees, flight-change fees, in-flight food and drinks and airport lounge day pass.

Companion can Fly Free. Complimentary Companion Airfare with purchase of qualifying First, or Business Class, International ticket

No Preset Spending Limit. While only the most elite user will carry this card, there is still no reason to worry that your account will be declined because you have reached your credit limit.

Access to Priority Pass Select. This perk will make you feel like you are an owner of the world in which you travel. You receive entry into more than 600 participating airport lounges worldwide.

VIP Amenities. Receive special amenities and comforts when staying at more than 700 boutique, resort and luxury hotels across the globe. And while you are traveling to exotic ports, there are no foreign transaction fees when you shop abroad.

And just like the Business Card, individual users have 24-Hour Concierge Service -from buying gifts to making reservations.

Disclaimer: This content is not provided or commissioned by American Express. Opinions expressed here are author's alone, not those of American Express, and have not been reviewed, approved or otherwise endorsed by American Express. This site may be compensated through American Express Affiliate Program.