The Platinum Card from American Express introduces new featuresOne of America's best premium credit cards just got even better.

The Platinum Card® from American Express has long been known for offering incredible value – it's one of our top picks for a luxury travel rewards card – but a recent refresh of its perks and features has made it even more appealing to a wider audience. Plus, the new Platinum Card® has upped the ante with an impressive 100,000-point welcome offer (details below) that is among the best we've seen for this card.

If you don't already have this card, now is the time to take a closer look. Keep reading for everything you need to know about the Platinum Card® and how it's working to earn a place in your wallet.

More Membership Rewards® Points for new members

The welcome offer for The Platinum Card® from American Express has historically been generous, but American Express has bumped it up a notch for the launch of the Card's new features.

New members can now earn a bonus of 100,000 Membership Rewards® points after you spend $6,000 in purchases on the Card within the first six months of Card Membership – that seems comfortably doable when you think of it as just $1,000 per month in spending. Additionally, during the first six months of account opening, new cardholders will also earn 10 points per $1 spent on up to $25,000 in combined purchases at restaurants worldwide and when you Shop Small® in the U.S. Terms apply

But the welcome offer is just the start of what being a Platinum Card® Member means and the value it can offer.

The new Platinum Card®: Providing a premium experience

While The Platinum Card® from American Express has long been associated with exceptional travel perks, the new Platinum Card® has enhanced benefits designed to bring value to travelers and non-travelers alike.

The card's benefits target three pillars:

  • Travel Forward
  • Everyday Adventure
  • All Around Value

That means that whether you jet set to international destinations or prefer to stay close to home, you'll find the new Platinum Card® offers exceptional benefits that fit your lifestyle.

Perks of the new Platinum Card®: Over $1,400 in value during your first year

The perks of being a Platinum Card® Member are difficult to overstate. In many ways the card has always been in a league of its own, but the new benefits totaling over $1,400 in potential value do even more to set it apart.

Frequent travelers have long turned to the Platinum Card® for perks such as access to The American Express Global Lounge Collection® and complimentary elite status in programs such as Hilton Honors and Marriot Bonvoy. The New Platinum Card builds on that and comes with a bevy of high value travel credits that include some old favorites as well as new offerings*:

  • NEW! $200 hotel credit – Receive up to $200 back in statement credit each year when you use your Platinum Card® for prepaid bookings with American Express Travel at Fine Hotels + Resorts or The Hotel Collection properties
  • NEW! $179 CLEAR® credit – Receive up to $179 in statement credit each year when you pay for your CLEAR® membership with your Platinum Card®
  • $200 airline fee credit – Receive up to $200 per calendar year for incidental airline charges with one pre-selected airline
  • $200 Uber fee – Annually receive $15 in Uber Cash for orders with Uber Eats or rides with Uber in the U.S. every month plus a bonus $20 in December. Available to Basic Card Member only.

*Terms apply; enrollment required for select benefits

Outside of these benefits, cardholders have access to discounts and credits through the Premium Private Jet Program. And of course, the card is keeping its strong portfolio of other travel perks such as its hotel program benefits, Global Dining Access by Resy and Platinum Card® Concierge assistance.

However, the Platinum Card® wants to be the card you think of for your everyday life and not just when you embark on your next getaway. You don't have to travel to enjoy some premium benefits with Platinum Card®. It also comes with these additional entertainment and shopping credits that provide everyday value*:

  • NEW! $300 Equinox credit – Enroll to receive a $25 statement credit each month when you pay for select monthly membership fees with your Card.
  • NEW! $240 digital entertainment credit – Receive up to $20 in statement credits each month, for a total of up to $240 per year, when you pay for purchases at Audible, Peacock, SiriusXM or The New York Times with your Card
  • Shop Saks with Platinum – Get up to $100 in statement credits annually for purchases at Saks Fifth Avenue on your Platinum Card®. That’s up to $50 in statement credits semi-annually.

*Terms apply; enrollment required for select benefits

Additional perks include Cell Phone Protection**, purchase protections, complimentary ShopRunner membership, access to Amex Experiences and the many other benefits that already make The Platinum Card® from American Express such a good value. Terms apply; enrollment required for select benefits

The annual fee of $695 pales in light of the benefits with over $1,400 in potential value. Furthermore, there’s plenty of value to be found in the Membership Rewards® Points you can earn with the card.

Racking up rewards with the new Platinum Card®

The welcome bonus understandably catches your attention, but the ongoing rewards opportunities are nothing to overlook. You can earn points on every qualifying purchase made with your Platinum Card®. It awards five points per $1 spent on flights booked directly with airlines or with American Express Travel (on up to $500,000 in these purchases per year) and on prepaid hotels booked through AmexTravel.com. All other purchases earn one point per $1 spent.

How to redeem Membership Rewards® Points

Membership Rewards® Points have long been a coveted rewards currency among credit card rewards aficionados due to their value and flexible redemption options. Points can be redeemed for:

  • Travel
  • Shopping
  • Gift cards
  • Credits toward card charges
  • Transfers to partner programs

American Express partners with more than 20 different airline and hotel loyalty programs, and Membership Rewards® Points can be transferred to these, usually on a point-for-point basis. Partnering programs include Hilton Honors, Delta SkyMiles and Etihad Guest, among numerous others.

Who should apply for The Platinum Card® from American Express?

The Platinum Card® offers best-in-class benefits and is backed by a company with a name that is synonymous with prestige and customer service.

While not for everyone, the New Platinum Card® is a prime choice for travelers seeking an elevated experience. Furthermore, several of its newly introduced benefits, such as the digital entertainment credit or extra points earning for the first year on dining and Shop Small® purchases, can also make it a smart choice for consumers who prefer to stick closer to home.

See Rates and Fees; terms apply for The Platinum Card® from American Express

**With Cell Phone Protection, you can be reimbursed for your repair or replacement costs following damage or theft for a maximum of $800 per claim with a limit of 2 approved claims per 12-month period, when your cell phone line is listed on a wireless bill and the prior month's wireless bill was paid by an Eligible Card Account. A $50 deductible will apply to each approved claim. Additional terms and conditions apply. Coverage is provided by New Hampshire Insurance Company, an AIG Company.

Disclaimer: The information in this article is believed to be accurate as of the date it was written. Please keep in mind that credit card offers change frequently. Therefore, we cannot guarantee the accuracy of the information in this article. Reasonable efforts are made to maintain accurate information. See the online credit card application for full terms and conditions on offers and rewards. Please verify all terms and conditions of any credit card prior to applying.