This video is about whether the American Express Platinum Card, with its $695 annual fee, is worth it, discussing the benefits, perks, and credits that come with the card.
This video by Brian Jung was published on Jul 20, 2023. Video length: 08:48.
This YouTube video is a review of the American Express Platinum Card and whether or not it is worth the $695 annual fee.
The video goes through the various perks, benefits, and credits that come with the card, including a welcome bonus offer of 80,000 membership reward points. The value of these points is discussed, as well as strategies to increase their worth. The video also mentions the 5x points earned on flights and hotels booked through the AmEx travel portal, as well as access to airport lounges and global entry/TSA pre-check.
Overall, the video concludes that if you travel frequently and value the benefits and credits offered by the card, it is worth the annual fee.
The welcome bonus offer is currently 80,000 membership reward points after spending $6,000 in the first six months.
Earn 5x points on flights booked directly with airlines or on the AmEx travel portal, up to $500,000 annually.
The welcome bonus offer, combined with average monthly spending, can bring the value of the card to around $1,400.
If you travel frequently, value status, and enjoy lounge access and upgrades, the card is worth it.
Even if you don't have a high income or the best credit score, there are strategies to increase your chances of approval.