The American Express® Platinum Card® | Shop Canada's Best Credit Cards | Compare Credit Cards |

The American Express® Platinum Card®

Card Details

Network: American Express
Provider: American Express
Type: Rewards, Travel, Charge Card
Credit Required: Good Credit

Offers & Rewards

1.25 Membership Rewards® for every $1 charged to the Card
50000 Bonus Membership Rewards® - Conditions Apply

Fees & Rates

Purchases: 30.00%
Annual Fee: $699.00

  • New Platinum Card® Cardmembers, earn 50,000 Bonus Membership Rewards® points by spending $3,000 in purchases in the first three months of Cardmembership
  • Platinum members earn 1.25 Membership Rewards® points for every dollar in purchases charged to the Card and automatically enrolled in the Membership Rewards First™ Tier
  • You will 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 or through Platinum Card® Travel Service
  • Take full advantage of the American Express Global Lounge Collection which unlocks access to over 1200 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
  • You will also have access to many leading hotel and car rental companies’ loyalty programs. Our partners include Starwood® Hotels & Resorts, Hilton Hotels and Resorts, Radisson Hotel Group, Hertz and Avis
  • Platinum Cardmembers can enjoy access to special events and unique opportunities and a dedicated Concierge team
  • $175 Supplementary Platinum Card Fee
  • As a Charge Card, the balance must always be paid in full each month. 30% annual interest rate applies to balances not paid in full. Payments must be received and processed by the date of the next monthly statement to avoid interest charges

Editor's Review

Anything platinum is going to be expensive and, when factoring in the $699 annual fee and $175 additional cardholder fee, that’s the case with this American Express® offering. But if you're not afraid to risk it and spend big, the rewards that come with this card are plentiful.  

If you make $3,000 in card purchases within the first three months, you earn 50,000 rewards points as a sign-up bonus. You can also access a $200 travel credit once per year and use it towards any single travel booking totalling $200 or more. The travel perks are wide-ranging too with special benefits at Toronto Pearson International Airport, hotel and car rental benefits as well as preferred golf membership. There are 11 travel insurance coverage plans including medical insurance and $500,000 in travel accident insurance. You can redeem your points towards various travel and entertainment experiences or do so as a statement credit after making eligible purchases. There's no pre-set spending limit on purchases, and you have other shopping coverages. To top it all off, you get Platinum Concierge service and the Global Dining Collection, which provide you with first-class offerings.

If spending is your habit, this Platinum Card® will reward you for it in many ways.

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