Is Amex Platinum unlimited spending?
Is Amex Platinum unlimited spending? No, the American Express Platinum card doesn't have any preset spending limit, but that does not give cardholders unlimited purchasing power. It means American Express won't give you a specific credit limit once you're approved for the card.
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.
What are the benefits of paying with Amex Platinum?
- $200 Hotel Credit. ...
- $240 Digital Entertainment Credit. ...
- $155 Walmart+ Credit. ...
- The Global Lounge Collection. ...
- $200 Uber Cash. ...
- $200 Airline Fee Credit. ...
- Shop Saks with Platinum. ...
- $300 Equinox Credit.
Is it worth upgrading to Amex Platinum from gold?
The Gold card offers more chances to earn points on everyday spending while the Platinum card's 5x Membership Rewards on travel makes it better for those who travel frequently. Here's how you earn with the Amex Gold Card: 4x Membership Rewards on restaurants and U.S. supermarkets.
Is Amex Platinum worth it 2023?
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.
Is 3 credit cards too many?
If your goal is to get or maintain a good credit score, two to three credit card accounts, in addition to other types of credit, are generally recommended. This combination may help you improve your credit mix. Lenders and creditors like to see a wide variety of credit types on your credit report.