EVERY Single AMEX PLATINUM BENEFIT – Waller’s Wallet

by YouTube Team

The American Express Platinum card has a lot of benefits it list for customers, these range from hotel status, Uber credits, lounge access, travel protections, and so many others. Andwhile you may only hear about a handful of benefits on the Amex Platinum, there are a lot of others that may be useful for you or others. So in this video I go over every single Amex Platinum benefits

00:00 – Start
00:25 – Lounge Access
1:30 – Entertainment Credit
2:21 – Hotel Credit
3:08 – Fine Hotel & Resort Benefits
4:06 – Airline Credit
5:18 – Uber Credit
6:35 – Clear Credit
7:39 – Equinox Credit
8:19 – Amex Auto Program
9:01 – TSA Pre-Check/ Global Entry
9:32 – Saks 5th Ave Credit
10:18 – Hotel Status
11:10 – Resy Dining
11:42 – Cell Phone Protection
12:34 – ShopRunner Subscription
13:10 – Platinum Concierge
13:55 – Exclusive Events
14:20 – Premium Car Rental Coverage
15:30 – Credit Secure
16:03 – Cruise Privilege
16:44 – Purchase Protections
18:50 – InCircle
19:45 – International Airline Program
20:24 – Private Jet Membership
21:22 – Travel Protections
22:47 – Free Gold Cards
23:54 – Final Thoughts

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35 comments

Niko Anderson August 13, 2021 - 4:01 pm

First 😂

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Yale Carvalho August 13, 2021 - 4:05 pm

I'm glad that I applied before the af increase and that I can use all the new benefits

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Mark Reese // Credit & Finance August 13, 2021 - 4:06 pm

Covering this card in under 30 min. is impressive! Well done man 😁👊

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B Ropes August 13, 2021 - 4:08 pm

“$700 coupon book”

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charles8642 August 13, 2021 - 4:10 pm

Good post, maybe improve the audio.

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Royce August 13, 2021 - 4:33 pm

I really appreciate the way you talk about credits and annual fees. Yes, the net cost of the card will be lowered with credits, but you’re still shelling out an annual fee once a year that you have to factor into your budget that month. No amount of credits will help you if you’re not liquid enough to do that

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Amir Moradi August 13, 2021 - 4:54 pm

I had never heard of bumped before but the concept seems so cool. I used your link to sign up, hope you get some sort of referral bonus!

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Humphrey Mark August 13, 2021 - 5:14 pm

Thanks for the great video, really appreciate all the work (TLDR). Can you also do one comparing the CSR vs Amex platinum global assist such as emergency medical evacuation?

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Hume Nam August 13, 2021 - 5:54 pm

This video was just what I was looking for. Great stuff!

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Jake Broe August 13, 2021 - 6:22 pm

They need to add a $700 credit for flights with Virgin Galactic or Blue Origin space flights. That would then justify raising the annual fee to $990. People might want to hold out for the higher fee and more useless credits that sound cool.

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trave764 August 13, 2021 - 6:59 pm

A terrible card, so many hoops to jump through.

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Daniel Braun - Finance & Credit Cards August 13, 2021 - 7:09 pm

Awesome job covering all of the benefits in such detail! There’s a lot to cover so this is really useful

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oeckstei August 13, 2021 - 8:06 pm

Jesus, they just need to extend the entertainment credit and should have kept the PayPal credit for next year.

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Joseph Paine August 13, 2021 - 8:07 pm

Awesome video man! We enjoyed this one. Off topic, let's see a comparison video of the Sapphire cards compared to another one. Take care and keep moving forward!

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FellowRser August 13, 2021 - 9:47 pm

I just got approved for the sapphire reserve and I have the gold card pretty solid combo what do you think?

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Tony Gonzalez August 14, 2021 - 2:04 am

I'll pass on the platinum..not paying $700 for a coupon card.

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Michael B August 14, 2021 - 5:30 am

There is just so much going on with this card. I feel like this card could work in my portfolio, however I’m just not sure if I’d be able to keep track of all of that and end up losing money on that monster AF

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Cindy Charles August 14, 2021 - 9:34 am

For anyone getting the card now, Amex is having trouble getting people their Gold status with Marriott and they said it could take awhile before it gets approved.

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Timothy Barry August 14, 2021 - 5:09 pm

Nice video, does the audible/new york times 20/month rollover?

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Đam Mê Cá Và Hoa August 15, 2021 - 5:22 am

👍

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spaethco August 15, 2021 - 6:39 am

You missed the best travel protection option on the Platinum card: Premium Global Assist. If you are a card member and 100 miles away from home, Amex will pick up the cost for emergency medical evacuation if you end up in a situation where the local hospital can't adequately treat you or you need medical supervision on a trip back home. No need to purchase any part of the trip with the card to get that coverage.

Also on the round trip requirement, the terms say you can still book one-way tickets you just have to start and end in your home city. "The period of round-trip travel may consist of roundtrip, one-way, or combinations of roundtrip and one-way tickets with Common Carrier(s)."

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SolidLiquidFox August 15, 2021 - 5:02 pm

We are all honor graduates of the Amex School of Higher Couponing after watching this video… 🎓 😉

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moneybee August 15, 2021 - 6:19 pm

With travel starting to normalize, the travel perks and lounge access seems increasingly important to maximize when it comes to credit cards. Incredibly informative video as always Dustin!

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Christoffer Olofsson August 16, 2021 - 11:06 am

Super nice reveiew. Perfect. Thanks

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jlin74 August 18, 2021 - 4:43 am

Hi Dustin. Question on credit utilization rate (on per card basis): do credit card companies calculate this rate using the formula of statement closing balance divided by credit limit or highest credit amount used during the billing cycle over credit limit? Thanks.

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Patrick Hinds August 19, 2021 - 10:18 pm

Don’t forget if you opt for the “Charles Schwab” Amex Platinum you can get a $100-$200 discount on the annual fee depending on your portfolio size and 1.1 cent per point redemption rate directly into your stock account.

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oazizpharmD August 22, 2021 - 2:18 pm

I believe the Uber credit in December is 35 dollars, not 20 dollars.

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oazizpharmD August 23, 2021 - 5:36 am

They really should rename the card to the Amex Manhattan, as it’s clear this is their target audience.

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David Ludwig August 24, 2021 - 9:35 pm

Do your airline credits still work? Did ya or anyone else still do the United banking deal?

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ricardo duran August 25, 2021 - 4:16 pm

American Express said you only need a ID and a boarding pass and a platinum card you don’t need to enroll in priority pass.

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Narayan Hill September 3, 2021 - 9:04 pm

Thank u for this video, JUST GOT APPROVED for the platinum today with 125,000 point bonus!!!! I’ve literally been on flights and in hotels all year and this card seemed perfect for me!!!

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7MOTION98 September 26, 2021 - 3:45 pm

Do you know if platinum card is offering travel medical insurance?

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7MOTION98 September 26, 2021 - 3:45 pm

Thank you so much for your video

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face2much September 29, 2021 - 10:03 pm

After Christmas u can get some great deals at saks , I got a 280) jacket down to 50$ – so free with the credits. If no deals to be had I just buy my fragrance there

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Eric B October 5, 2021 - 7:35 pm

hi is there a cap limit for how high these annual fees can get? or are these banks allowed to continuously increase annual fees whenever they want?

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