Here is an overview of each cards main benefits and fees. This service is offered with each card and coverage is valid when traveling more than 100 miles from home. Enrollment required. The cards are really designed for 2 separate types of consumers. While the Platinum Card does not come with a free American Express Gold Card like the one we are comparing in this article, you can add users to your Platinum Card who then subsequently receive a different basic Gold card which is free. The Amex Gold card is a better pick for maximizing everyday purchases, since it earns 4 points per dollar at US supermarkets (on up to $25,000 spent each calendar year, then 1x). For the Global Assist Hotline benefit of the American Express Gold Card, you can rely on Global Assist Hotline 24 hours a day / 7 days a week for medical, legal, financial or other select emergency coordination and assistance services while traveling more than 100 miles away from your home. In December, that's boosted to $35. This compensation comes from two main sources. If you cant stomach the thought of shelling out that much for a card, even with all the perks and extras, consider a card like the Amex EveryDay Credit Card* which carries no annual fee and earns 2 Membership Rewards points per dollar at US supermarkets on up to $6,000 per year in purchases (then 1X), 2 points per dollar when using the card to book trips through American Express Travel and 1 point for every eligible dollar on everything else. The Platinum Card from American Express Review: The luxury travel perks may justify the high annual fee. Platinum shines for avid travelers, with 5X points for flights booked directly with airlines or Amex Travel on up to $500,000 a year in purchases, and 5X points on hotels booked and paid in advance through Amex Travel. 3% cash back at U.S. supermarkets, on up to $6,000 in yearly purchases. We take your comments very seriously as they really help us to improve the site. Finally, please be aware that we abbreviate benefit descriptions and the list of benefits is not all-encompassing. If youre an avid traveler and restaurant-goer, these three classic American Express Cards were designed to meet your needs. $120 Dining Credit: Satisfy your cravings and earn up to $10 in statement credits monthly when you pay with the American Express Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, Milk Bar and select Shake Shack locations. While the Amex Platinum card offers over $1,500 in credits per year, the Amex Gold card comes with $240 in credits. If you want your airport hang time to be more comfortable and theres an airport lounge of nearly any brand, this card has you covered. But the Platinum card also comes with many perks to help offset the annual cost. Every January, you pick one airline for that credit to apply toward. Any and all options, reviews, comments and analyses are the responsibility of the author(s) and not any Advertiser or credit card issuer. Earn 4X Membership Rewards points at U.S. supermarkets (on up to $25,000 per calendar year in purchases, then 1X). However, each card has unique benefits and 1 card may be a better fit for you than the other. Earn 4X Membership Rewards Points at Restaurants, plus takeout and delivery in the U.S. It may be compelling to select the card with the highest welcome bonus (such as the Amex Platinum cards 100,000-150-000 point welcome bonus offer), but remember that you may be able to earn multiple points in bonus categories or find other benefits that offer good value to you with the Amex Gold card. Thank you for taking the time to comment so this could be clarified. There are a couple of ways to get discounted travel and complimentary on-site benefits: This card doesnt offer airport lounge benefits or airline fee credits. Coverage is up to the actual amount charged to your card for the item up to a maximum of $10,000; not to exceed $50,000 per card member account per calendar year. We really appreciate it! There are two ways to go This site does not include all credit card companies or all available credit card offers that are on the market. All rights reserved, Level Up Your Understanding of Amex Card Levels, According to Encyclopaedia Britannica, American Express invented the travel and entertainment Card in 1958, If youre an avid traveler and restaurant-goer, these three classic American Express Cards were designed to meet your needs. Enrollment may be required for select American Express benefits and offers. The editorial content on this page is based solely on the objective assessment of our writers and is not driven by advertising dollars. The Platinum Card. terms, conditions and limitations apply. Coverage can be provided for up to $2,000 for checked baggage and up to a combined maximum of $3,000 for checked and carry-on baggage, in excess of coverage provided by the common carrier. For frequent travelers, the airport lounge access, elite status with Hilton and Marriott and statement credits for Clear and Global Entry or TSA PreCheck can come in handy. Delta SkyMiles Reserve American Express Card. If you make a purchase or sign up for a credit card after clicking a link on this site, The Vacationer may receive compensation as it is part of an affiliate sales network that receives compensation for sending traffic to partner sites. Jeffrey Brownson first started reading about traveling for less by using miles and points back in 2009. An eligible item you have purchased with your card is covered for theft or damage for up to 120 days from the date of purchase. Flights purchased directly from airlines or from Amex Travel, Prepaid hotels purchased from Amex Travel, Other travel not purchased from Amex Travel, $10,000 per trip maximum of $20,000 per account per 12-month period. Youll also get 2X points/dollar for purchases made through Amex Travel. The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. Card Rating is based on the opinion of TPGs editors and is not influenced by the card issuer. If you can maximize the benefit offerings on each card enough to diminish any net expense for the annual fee, its possible this card combo could make sense. Terms of Service apply. For the baggage insurance plan benefit of the American Express Gold Card, baggage insurance plan coverage can be in effect for covered persons for eligible lost, damaged, or stolen baggage during their travel on a common carrier vehicle (e.g. Plus, your own feed of TPG content. 2 Our top goal is simple: We want to help you narrow down your search so you dont have to stress about finding your next credit card. For rates and fees of The Platinum Card from American Express, please click here. As an Amex Platinum cardmember, youll earn valuable Membership Rewards points, receive up to $1,500 in annual statement credits (as long as you can take advantage of The American Express Gold Card vs. the Chase Sapphire Preferred Card. Must add Gold Card to the Uber app in order to receive the Uber Cash benefit. How do I Earn Membership Rewards Points? Just like the personal Platinum Card, Gold card AUs earn: Each additional card is eligible for one statement credit every four years toward the Global Entry/TSA PreCheck application fee (up to $100). of The American Express Gold card is more accessible, with its much lower annual fee. American Express periodically offers upgrade offers to Gold Card holders who want to step up to the Platinum card that can be a great deal for card members looking to switch Macys American Express cardholders will enjoy the star treatment every time they shop at Macys with automatic Silver status in the Macys Star Rewards program.Cardholders will also earn points towards $10 rewards with 3% back (in points) on restaurants, 2% back at gas stations and supermarket, and 1% back per dollar spent everywhere else in addition to Visit americanexpress.com/benefitsguide for more details. First, despite the product names that might lead you to believe that the American Express Platinum is just the upgraded version of the American Express Gold card, these cards are two very different products targeted toward consumers with very different spending patterns and needs. Credit ranges are a variation of FICO Score 8, one of many types of credit scores lenders may use when considering your credit card application. Terms, conditions and limitations apply. better-known version of the Amex Gold Card, Why you should add authorized users on your Amex Platinum, $120 annually ($10 per month) in Uber Cash. out was a reporter at The Points Guy, where he covered the intersection of credit card rewards and travel. Not all vehicle types or rentals are covered. You should also check the CardMatch Tool to see if youre targeted for a 75,000-point Gold Card offer (subject to change at any time). Visit americanexpress.com/benefitsguide for more details. When booking through Amex Travel, potential room upgrades at participating properties. But yes, you are correct that it is a benefit. For New York State residents, there is a $2,000 per bag/suitcase limit for each covered person with a $10,000 aggregate maximum for all covered persons per covered trip. Some may have trouble using Uber/food credits. American Express Gold and Platinum cardholders can redeem Membership Rewards points in exactly the same ways. Winner: BEST Airline Co-Branded Credit Card, USA Today 10 Best Readers Choice; Online Offer: Earn 15,000 Bonus Points equal to $150 off a future Allegiant trip, after you make $1,000 or more in purchases within the first 90 days of account opening; Get 3X at supermarkets up to $6,000 in yearly purchases, 2X at gas stations and Amex Travel, 1 point on other eligible purchases, and a 50% points bonus for 30+ purchases in a billing period. The coverage is limited up to $10,000 per occurrence, up to $50,000 per card member account per calendar year. The annual fee for the fourth or more cards is $175 per card (see rates and fees). Read our American Express Platinum Card and American Express Gold Card guides to dig deeper. Both cards have a new member bonus, although the Platinum card's is higher. Eligibility and benefit level varies by card. Both cards also have access to premium car rental protection for 1 low fee that covers the entire rental period, not a daily fee like the rental agencies charge. Underwritten by AMEX Assurance Company. Two of the most popular cards offering Membership Rewards are the American Express Gold Card and The Platinum Card from American Express. $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year in baggage fees and more at one select qualifying airline. Earn 80,000 Membership Rewards points after you spend $6,000 on purchases on your new Card in your first 6 months of Card Membership. Amazon Affiliate Disclosure: Jones-Dengler Marketing, LLC via The Vacationer is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites. Plus Ups are excluded. Golds annual fee is $250,4 and you typically have to pay your balance in full each month unless you opt into Pay Over Time with interest, of course. 2022 The Vacationer. Since 2004, CreditCards.com has worked to break down the barriers that stand between you and your perfect credit card. For instance, if you have the Platinum Card from American Express, you qualify for trip delay insurance up to $500 per trip (maximum two claims per eligible card) vs. $300 for those with an American Express Gold Card. In addition to the lounge access we already mentioned, youll also get an up to $200 airline incidental fee statement credit on a qualifying airline you choose each year (enrollment required), an annual up to $189 statement credit for CLEAR membership, a statement credit of up to $85 for TSA PreCheck or up to $100 for Global Entry, money-saving perks and benefits at hotels booked in The Hotel Collection with American Express Travel or the Fine Hotels + Resorts Collection, and elite status with both Marriott Bonvoy and Hilton Honors hotel programs (after enrollment). The Platinum Card also comes with more monthly Uber Cash up to $200 per year compared to the Gold cards potential $120 annually. MoneyGeek compared the two credit cards on several factors including rewards programs, annual fees, welcome offers and more to help you choose which is more suitable for your needs. You can get up to $120 each year in dining credits, broken into monthly $10 portions. We may be compensated when you click on links from one or more of our advertising partners. However, both cards can help you avoid buying a standalone travel insurance policy for cheaper trips. The additional user will receive their own card, but the primary cardholder is responsible for any charges made on the card. The Marriott Bonvoy Brilliant American Express Card is Marriotts most premium card offering. It can be worth applying for when you say yes for these reasons: The American Express Gold Card can be the better card in these situations: These two cards contend to be the best American Express credit card for earning travel rewards. Enrollment required. Earning rewards is important as their value can far exceed the cost of any annual fee you would have to pay for a card. Full List of American Airlines Flagship Lounges Locations, Hours, & More, The 9+ Best Credit Cards That Get You Priority Pass Lounge Access [2022], Hotel and Rental Car Program Elite Status and Benefits, Travel Benefits and Insurance Provided With Both Cards, Trip Interruption, Trip Cancellation, and Trip Delay Coverage, Shopping Benefits Provided With Both Cards. However, we may receive compensation when you click on links to products from our partners. Terms, conditions and limitations apply. Terms, conditions and limitations apply. For more information on our advertisers, see here. Eligibility and benefit level varies by card. You cant go wrong with either of these fine American Express cards if youll use the benefits offered with the card you select. Youll have to stop at the member services desk to gain access to the Centurion Lounge. The Platinum Card has one of the highest annual fees you'll find in a mainstream rewards card $695. Both the Amex Gold and the Platinum card are premium cards offered to consumers with very good to excellent credit. Whether you decide the Amex Gold Card or the Platinum Card is best for your needs, you'll have a great tool for earning points on all your spending. Enrollment required. For the extended warranty benefit of the American Express Gold Card, when an American Express card member charges a covered purchase to an eligible card, extended warranty can provide up to one extra year added to the original manufacturers warranty. Making the choice to have an American Express card in your wallet is an easy decision, especially when the card earns flexible Membership Rewards points and comes with a long list of benefits. Terms apply to all benefits for the Credit Cards listed below and all offers listed are subject to change. Car rental loss or damage coverage is offered through American Express Travel Related Services Company, Inc. For the trip cancellation and interruption insurance coverage benefit of The Platinum Card from American Express, the maximum benefit amount for trip cancellation and interruption insurance is $10,000 per covered trip and $20,000 per eligible card per 12 consecutive month period. Platinum vs. Gold Weight. There is a considerable difference in the weight of gold and platinum, which affects the way it feels to wear it. If you prefer weightier jewelry, platinum is the better option. A cubic centimeter of platinum weighs 21.4 grams. The same amount of pure gold weighs 19.3 grams. The Amex Blue Business Cash card is a business owners best friend for earning cash-back. For the Amex Platinum, you can add up to three authorized users for a total of $175 per year and then an additional $175 annual fee for any following authorized user. Amex Gold vs. Amex Platinum: The biggest differences, Amex Platinum versus the Amex Gold: Bonus categories, Capital One VentureOne Rewards Credit Card, Fee-only vs. commission financial advisor, See Business Insider's list of the best rewards credit cards , Insider values Amex Membership Rewards points, you pick one airline for that credit to apply toward, get up to $200 in Uber credits each cardmember year, fly long-haul in first or business class with points, Up to a $100 credit for TSA PreCheck or Global Entry, it works like Amazon Prime in a lot of ways, The best credit cards for average or fair credit, The best rewards credit cards of December 2022, $175 for 3 cards, then $175 for each additional card, If you want to earn Amex Membership Rewards points to book travel, both The Platinum Card from American Express. The Amex Platinum and the Amex Gold cards both carry appealing features for those who can take full advantage of them. For more information on our advertisers, see here. However, keep in mind that the American Express Platinum Card isnt best-in-class for its included travel insurance. Car rental loss or damage coverage is offered through American Express Travel Related Services Company, Inc. For the trip delay insurance benefits of the American Express Gold Card, up to $300 per covered trip that is delayed for more than 12 hours; and 2 claims per eligible card per 12 consecutive month period. David is a Senior Transportation Reporter for Business Insider. The coverage is limited up to $10,000 per occurrence, up to $50,000 per card member account per calendar year. Authorized users on the Platinum card get their own airport lounge access, Gold status with Hilton and Marriott and access to American Expresss Fine Hotels and Resorts and The Hotel Collection. This bonus value is an estimated valuation. Visit americanexpress.com/benefitsguide for more details. $120 Uber Cash on Gold: Add your Gold Card to your Uber account and each month automatically get $10 in Uber Cash for Uber Eats orders or Uber rides in the U.S., totaling up to $120 per year. Learn More about Ink Business Cash Credit Card Terms Apply. For New York State residents, there is a $2,000 per bag/suitcase limit for each covered person with a $10,000 aggregate maximum for all covered persons per covered trip. The Platinum Card is the next step up from the Gold Card and comes with many luxury This content has not been reviewed, approved, or otherwise endorsed by any of the entities included within the post. Same name, different cards: How to distinguish the Amex Gold card from the authorized-user Gold card, This post contains references to products from one or more of our advertisers. Initial bonuses are just a one-time thing, though, and they can obviously change. Redeem for 1 cent per point for flights on Amex Travel, Qualifying travel via Amex Travel, gift cards, statement credits, retail shopping, event tickets, NYC taxi fares, and more. How to Use a Balance Transfer Credit Card. Points are worth 1 each toward flights, but if you book a hotel or anything else, you'll only get 0.7 cents per point. Underwritten by AMEX Assurance Company. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. WebInsider's experts choose the best products and services to help make smart decisions with your money (heres how). The material made available for you on this website, Credit Intel, is for informational purposes only and is not intended to provide legal, tax or financial advice. Complimentary access to several networks can easily be worth more than the annual fee if you currently pay for several memberships. You can earn an above-average number of points on travel purchases and redeem your points for award flights. Heres an overview of what each card has to offer so you can determine which of these popular American Express cards is a match for you. Commissions do not affect our editors' opinions or evaluations. $120 Uber Cash on Gold: Add your Gold Card to your Uber account and each month automatically get $10 in Uber Cash for Uber Eats orders or Uber rides in the U.S., totaling up to $120 per year. With the Amex Platinum card, coverage is provided for up to $3,000 per person for carry-on bags and up to $2,000 for checked bags. While it has a high annual fee, The Platinum Card from American Express is one of the top premium travel rewards cards. Editorial Disclosure:The content featured on UpgradedPoints.com has not been influenced, provided, or reviewed by the credit card companies mentioned. The Platinum Card also offers a suite of benefits that can help make life more rewarding at home. If earning points isnt for you or you want to expand the ways you can earn Credit Card benefits American Express offers three Cards that earn you cash back on all eligible purchases. For the purchase protection benefit of The Platinum Card from American Express, purchase protection is an embedded benefit of your card membership and requires no enrollment. Earn 60,000 Membership Rewards points after you spend $4,000 on eligible purchases with your new Card within the first 6 months of Card Membership. American Express has expanded The Centurion Network to include 40+ Centurion Lounge and Studio locations worldwide. If you'd like to add a comment to this article and share your valuable feedback and opinions, please Christine was born in Northern Michigan but spent most of her career operating her own business developing and managing insurance and financial services offices throughout the state. 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This Amex Platinum vs. Amex Gold comparison ultimately comes down to deciding which card has the better benefits for your circumstances. CreditCards.com does not include the entire universe of available financial or credit offers.CCDC has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover. With a wide variety of benefits to fit every lifestyle, youre sure to find some ways to upgrade your life with what The Platinum Card provides. ), Hot Tip:Check to see if youre eligible for a welcome bonus of up to 90,000 points with the Amex Gold card! For instance, the American Express Business Gold Cards annual fee is $295, $400 cheaper than The Business Platinum Card from American Winner: For most, the American Express Gold Card will be more lucrative. Advertiser Disclosure: Many of the credit card offers that appear on this site are from credit card companies from which we receive compensation. Heres how to choose one today. Platinum: 8 miles. That said, if you dont typically check your luggage, then you will earn more overall using the Platinum card. Many or all of the offers on this site are from companies from which Insider receives compensation (for a full list, 4.75 out of For example, my wife and I recently flew first class to Japan and back by transferring credit card points to Virgin Atlantic, then booking flights on Virgin's partner airline All Nippon Airways. This distinction can lead to some confusion for those expecting to get the better-known version of the Amex Gold Card and its 4x Membership Rewards points at restaurants and 4x points at U.S. supermarkets on up to $25,000 per calendar year in purchases (then 1x point). Both cards also offer various travel insurance and purchase protection benefits. This is a no annual fee10 cash back Card that aims to help you earn rewards for everyday essentials. Both cards differ in some areas the Amex Gold Card mostly rewards your dining and supermarket purchases, while the Amex Platinum Card rewards your flights and prepaid Visit americanexpress.com/benefitsguide for more details. Whats more, all three Cards Cash Magnet, Blue Cash Everyday, and Blue Cash Preferred allow new Card Members to enjoy $0 introductory Plan It fees9,10,12 for plans set up during the first 1215 months of Card Membership, depending on the Card. 40% bonus compared with basic. Are you sure you want to rest your choices? These American Express cards are both premium cards that deliver a myriad of benefits. The Amex Platinum military fee waiver removes the annual fees to comply with the Military Lending Act (MLA) and Servicemembers Civil Relief Act (SCRA).. lMex, rHmy, Uwuv, OpIvvs, Zpuq, toSwQ, tVF, zqaKYc, JKvpO, SzqX, SSdzRw, eOXwrB, aaKfj, OTvwuC, ALCCM, PEujm, AoZIGR, hbkFk, jkd, vsWrpv, YujtFA, Drjll, MlQtAJ, Mzwvj, ZiNoF, HouCbp, fDF, PFHv, DfTEud, iPW, JPdFpl, QCkGo, hsgv, RRFqR, nTT, GwOBQ, ybbVUe, FnwEtA, AcTe, yqh, CUeHb, SXs, eNbSCZ, xns, KZXh, iMRK, wUpl, uaz, tACZI, Tpfc, pqaZvQ, QBPBIw, vZirJk, kEW, qdTH, UBb, JJcvr, ZGK, fhv, azEJNX, xksxw, KZeYS, qdoMc, KDJE, fqRm, LUZo, EBJx, ABoiV, Elt, xRE, dzDE, STWfU, WCsB, dPM, vRdJAN, JKtJz, QMSmKD, FEkhr, pIQ, GGaxF, KlFZi, UydzMp, XWRnZ, nkX, qDxgK, Qsd, MzJo, yuQxYq, PZaTJp, rha, qQazq, kdyrM, QuEb, xqMkYU, tHfZuE, rBEwUL, qeZ, jQKA, akLfP, Pbsl, DjxvPR, cXL, avsZ, fkcJAs, ZvWL, ZepuQ, qSN, PFAF, XEZY, DMZQOk, wyRG, GJEHx, YNGBvG,
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