The Platinum Card®

Card Features

• Airport Lounge Access
• Airport Parking Discounts
• Annual Travel Credit
• Entertainment Benefits
• Extended Warranty
• Flight Discounts
• Hotel Benefits
• Premium Hotel Program Membership
• Purchase Protection
• Travel Benefits
• Travel Insurance

About This Card

People with excellent credit scores (750 and above) can apply for The Platinum Card®, the iconic rewards credit card from American Express.

The Platinum Card® has been one of the most exclusive cards on the market for years now, and is made of actual metal. It has an annual fee of $699, and additional cards cost $175.

Here's how The Platinum Card®'s rewards earn rate works:

• Earn 3 points for every $1 spent on eligible dining and food delivery in Canada.
• Earn 2 points for every $1 spent on eligable travel purchases.
• Earn 1 point on all other card purchases. 

New Platinum® Cardmembers, earn 80,000 Welcome Bonus points after you charge $7,500 in net purchases to your Card in your first 3 months of Cardmembership

One of the benefits of getting The Platinum Card® is the fact that you can access benefits that have an approximate cash value of $550 USD when you plan trips through Amex's Fine Hotels + Resorts portal.

Another benefit is there are flexible ways to use your points, such as statement credits for any eligible purchase charged to your card, new travel purchases booked on American Express Travel Online through the Flexible Points Travel Program, and eligible flights through the Fixed Points Travel Program. You can also transfer points 1:1 to several frequent flyer and other loyalty programs.

For reference, Amex is partnered with Marriott International, Hilton Hotels and Resorts, Radisson Hotel Group Americas, Hertz and Avis. 

This is a Card with No Pre-set Spending Limit - Interest applies in accordance with your Cardmember Agreement, Information Box, and Disclosure statement if the total New Balance is not paid by the Payment Due Date each month. All payments must be received by the Payment Due Date shown on the monthly statement

The other benefit of a charge card like The Platinum Card® is that there's no predesignated credit limit. You can charge whatever you think you can afford. That said, it bears repeating: you must be able to pay it off in full.

Cardholders also get a number of travel, insurance, entertainment and protection privileges. Included is the American Express’ Front Of The Line program, which grants cardholders access to highly sought after shows and concerts.

The Platinum Card® has an annual fee of $699. Additional cards cost $175.

Why get The Platinum Card®?

No credit limit - With no preset credit limit, you can charge whatever you think you can afford to pay off at the end of the month. 

80,000-point welcome bonus -  earn 80,000 Welcome Bonus points after you charge $7,500 in net purchases to your Card in your first 3 months of Cardmembership

Luxury lounge access -  The Platinum Card® is your ticket to access The American Express Global Lounge Collection™, which unlocks access to over 1300 airport lounges worldwide. This includes The Centurion® Lounge network, Plaza Premium Lounges, and hundreds of other domestic and international lounges designed to enhance your travel experience

Hotel and car rental benefits -  Holders of the Platinum Card® receive unparalleled benefits and discounts to over 600 hotels and resorts across the globe, as well as elevated status at participating hotels and car rental companies. Cardholders will also have access to a $200 CAD Annual Travel Credit to use towards any single travel booking of $200 or more charged to your Platinum Card® and made on www.americanexpress.ca/travel or through Platinum Card® Travel Service. Cardholders also enjoy premium benefits at the Toronto Pearson Airport, such as a discount on parking.

Referral program -  Refer friends or family and you’ll receive a bonus of 15,000 points. Cardholders are able to earn up to 225,000 referral points each year.