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Amex Platinum Card - 13 Things You MUST DO

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  • čas přidán 17. 08. 2022
  • Sign up for a Wealthfront Cash Account to start earning 2.00% APY on your money today: www.wealthfron...
    In this video, we’re looking at Amex Platinum Card benefits to show what you must do to get the most value out of one of the most popular American Express credit cards. This credit card has a $695 annual fee, but numerous Amex Platinum credits and other benefits can help to justify that price. So if you’re wondering, “Is the Amex Platinum worth it?” then this video will be the perfect guide to the benefits that answer this question!
    The Amex Platinum Card is arguably one of the best travel credit cards out there, but that expensive annual fee means that it won’t be a credit card that’s worth it for everyone. That’s why it’s so important to understand the credits and benefits that come along with the American Express Platinum Card so that you don’t end up losing money after paying that $695 fee. We’ll cover things like the $240 digital entertainment credit, the $200 Uber credit, the $200 airline credit, the $200 Hotel credit, airport lounge access, and much more!
    Make sure that you actually do value these credits on the Amex Platinum, and then take that value and subtract it from the annual fee. This will give you an “effective annual fee” estimate that’s a more accurate picture of the out of pocket net annual cost to you. Then that estimate can be used to decide if other Amex Platinum benefits like airport lounge access, hotel status, and other travel benefits are worth it. Not everyone is going to need the Amex Platinum Card, but hopefully this Amex Platinum review will be useful as a guide to helping you get the most out of it if you do have it!
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Komentáře • 256

  • @Daniel_Braun
    @Daniel_Braun  Před 2 lety +53

    A couple of quick notes that I didn't get to mention in the video:
    1. WiFi for the airline credit will not always code as an airline purchase, so it won't always be eligible for reimbursement. It varies from airline to airline and the type WiFi system used by the plane you're on, so do a little research before using the credit this way!
    2. A Walmart+ membership will now include a complimentary Paramount+ subscription beginning in September 2022. So maybe more of a reason for people to sign up and use the Walmart+ credit on their Amex Platinum card since all of this will be covered by the credit.
    Thanks for watching! Feel free to learn more about the Amex Platinum here: danielbraun.me/AmexPlatinum

  • @jlcau628
    @jlcau628 Před rokem +220

    For those with a local Saks fifth avenue store nearby, you can buy a $50 gift card twice a year and then save up for something better :) can’t buy a gift card online for credit apparently so won’t be useful for all.

    • @arisoffer6629
      @arisoffer6629 Před rokem +2

      Terms online say that gift cards are not covered by the credit

    • @jlcau628
      @jlcau628 Před rokem +40

      @@arisoffer6629 that’s nice. It’s what I do and I get the credit. Like I said you cannot buy a gift card online for credit but in store it triggers as instore purchase, not as a gift card. My boyfriend and I each have our own platinum card and visit the Saks 5 minutes down the road. We never have an issue getting the credit

    • @ConradJenk
      @ConradJenk Před rokem +1

      I’ve heard by many It works in store but some people (not many) told me further down the road they took all the money back just want to know if that happened to you in your experience?

    • @jlcau628
      @jlcau628 Před rokem +8

      @@ConradJenk hi! No it has not happened on either of our platinum cards. In fact, last time we did it before the holidays for the second credit, when we told the cashier we wanted a gift card, he automatically asked if we wanted $50 and said he gets people that come in for it all the time. Doesn’t really speak to long term like your question but just wanted to mention as a lot of people take advantage of the offer this way. Only time will tell!

    • @ConradJenk
      @ConradJenk Před rokem

      @@jlcau628 thanks for the help I would definitely try this

  • @wolfy5178
    @wolfy5178 Před rokem +30

    If you're in the military you don't have to pay the annual fee so that has come in clutch for me plus the benefits is perfect especially since I travel a lot too

  • @YouHaveDirtyLaundry
    @YouHaveDirtyLaundry Před rokem +54

    For anybody on the fence… for me, the lounge access in and of itself is worth it for the yearly fee. It completely changes traveling when you’ve been used to traveling without it. Makes a much more enjoyable experience.

    • @johnbernstein7887
      @johnbernstein7887 Před rokem +6

      Also the Clear Credit which makes the lines at the Airport disappear. The Fifteen dollar Uber Credit gets you to the hotel without the shuttle and the Gold Perk at Hilton gets you an upgrade. That alone is worth it. Did I mention 20% off on the rental car and no waiting in line at the counter?

    • @dclaghorn2
      @dclaghorn2 Před rokem

      I disagree on the lounge access. Hardly any in the US. And of those that are, they’re pretty much just for international travel.

    • @japonte173
      @japonte173 Před 8 měsíci

      @@dclaghorn2it mainly comes in handy for layovers and international flights. if you have a layover just go to the international terminal and chill. if you use the clear credit and it’s just a domestic flight you shouldn’t even need to get to the airport more than an hour early.

    • @alvinross1955
      @alvinross1955 Před 5 měsíci

      I have to disagree there the East Coast especially has some pretty good ones, Orlando, Philadelphia and Charlotte just to name a few

    • @Joe_Dallas
      @Joe_Dallas Před 4 měsíci

      I scam just go to a all you can eat buffet 😅

  • @MarkReese
    @MarkReese Před 2 lety +161

    Taking the time to run through how much value you get vs. the $695 fee is crucial with this card (plus the sanity factor of keeping track of the credits…I mean coupons) 😂👌 Excellent rundown of how we need to ENROLL in these benefits in order to use them.

    • @TheAudioCzar
      @TheAudioCzar Před 2 lety +19

      Mark, must say it's dope to see you supporting other CZcamsrs in the comments, I notice you on other people videos comments as well. 👍🏾

    • @Daniel_Braun
      @Daniel_Braun  Před 2 lety +17

      Absolutely agree Mark! Lol yeah gotta love the many "coupons" on this card!

    • @MarkReese
      @MarkReese Před 2 lety +11

      @@TheAudioCzar - Thanks Czar! It's a great community 🌟

    • @olgadiaz1909
      @olgadiaz1909 Před rokem +1

      It is 550 fee

    • @MarkReese
      @MarkReese Před rokem +1

      @@olgadiaz1909 - The fee went up to $695. Amex gave some people a $550 renewal fee if their card was opened prior to a certain date when Amex announced the change. During the next renewal, it will be $695.

  • @MikeMaye
    @MikeMaye Před 2 lety +21

    With that high AF its important to take advantage of every single penny you can to offset that fee. There's great deals to be found in the offer section as along as your purchase is organic and you're not just spending just because.. Great video Daniel!

  • @kev2020
    @kev2020 Před 2 lety +12

    Here's a "bonus" that may make the Walmart+ credit useful. I'm not near a Walmart and don't order anything from them BUT you can get 10 cents off at certain gas stations like Mobil, Exxon and Murphy using WM+. That might help those who don't have cards returning more for gas purchases.

    • @pops91
      @pops91 Před rokem

      Not to forget full access to peacock with Walmart + and sam's club gas pumps

  • @MSGBlueshirts
    @MSGBlueshirts Před 2 lety +18

    #14) if you have a corporate AMEX card from your employer, please use the corporate advantage, which will give you a $150 statement credit and a 545 effective annual fee right off the bat.

    • @mistaskidda
      @mistaskidda Před 2 dny

      Can I have a bit more detail on that? My lady has a corporate AMEX card, but I have no idea what to tell her to do for that. Does each corporation have like a code, or different login that has different offers?

  • @SledgeIncTeam
    @SledgeIncTeam Před 2 lety +11

    The Platinum is my favorite card and Fine Hotels and Resorts is my favorite benefit.
    Global Dining Acces by Resy can get you into sold out Restaurants or the table that you want at that restaurant. And the concierge service has done a lot of leg work that I didn't want to or couldn't do.
    Just last month, having Hilton and Marriott Gold status got me into a Deluxe Suite at the Waldorf Astoria and an Executive Suite at the Ritz Carlton
    You can't put a price on those

    • @AS-ch4ty
      @AS-ch4ty Před rokem +1

      Do you have to add your platinum card to Resy app.

  • @jcxl
    @jcxl Před 2 lety +7

    Don’t sleep on the Walmart+ benefit! It will include a Paramount+ subscription benefit starting in Sept which will add so much more value to it now.

  • @hunterzero5278
    @hunterzero5278 Před 2 lety +9

    My friend and I have United as our chosen airline and we both have been able to trigger the credit by using the plat to put money into our travel banks. We broke it up into 2 $100 transactions and it worked like a charm

    • @10dtrupe
      @10dtrupe Před rokem

      Like buy miles or something?

    • @hunterzero5278
      @hunterzero5278 Před rokem

      @@10dtrupe to put in the travel bank

    • @10dtrupe
      @10dtrupe Před rokem

      @@hunterzero5278 never heard of a travel bank.. is it credits on united or something?

  • @SpencerJohnsonOfficial
    @SpencerJohnsonOfficial Před 2 lety +25

    This card is truly packed with benefits if you use it correctly. Anyone that has a platinum card needs to watch this. One day I’ll get my own but with my current travel habits it doesn’t make too much sense yet. I’m looking forward to it though! Great video as always Daniel.

    • @Daniel_Braun
      @Daniel_Braun  Před 2 lety +3

      Thanks so much Spencer! Yeah no need to get it until it makes sense for you - I'm sure there will be plenty of great welcome bonus offers in the future!

    • @SpencerJohnsonOfficial
      @SpencerJohnsonOfficial Před 2 lety +1

      @@Daniel_Braun That’s very true. Never want to FOMO into a card application. Especially one with a $695 annual fee

    • @aaronlee4913
      @aaronlee4913 Před 2 lety +1

      @@SpencerJohnsonOfficial if you have extra money to park at Morgan Stanley then you will get the entire annual fee for free + the first authorized card user is free as well

    • @SpencerJohnsonOfficial
      @SpencerJohnsonOfficial Před 2 lety

      @@aaronlee4913 That’s really good to know! I currently already have a brokerage set up with Charles Schwab, but that would be something to consider!

    • @aaronlee4913
      @aaronlee4913 Před 2 lety +1

      @@SpencerJohnsonOfficial I got mine with Morgan Stanley but you will need to jump a few loops to get that. czcams.com/video/D4yRfHkncQA/video.html

  • @MattWelterOfficial
    @MattWelterOfficial Před 2 lety +37

    Love the overall break-down here Daniel! When I get the AMEX Plat in the future, I'll def be doing things similar to you like subscribing to Audible with the Digital Entertainment Credit, and activating Marriott & Hilton Gold Status is a super nice perk and great idea to get some of those more luxury-type travel perks. Great video Daniel!

    • @Daniel_Braun
      @Daniel_Braun  Před 2 lety +5

      Thanks so much Matt! Yeah I think Audible is the best way to use that credit - I'm a big fan of Audible so I'm glad that's covered for me now!

  • @sjg6158
    @sjg6158 Před 2 lety +19

    Good work Danny. It really is all about the credits and whether or not you can offset the fee and then some. You've made another good point in past videos in that you shouldn't have to "force spend" to earn the credits. if what the issuer offers doesn't suit you, the card just isn't for you, and that's okay. It's a good reason by the Platinum Card doesn't do it for me.
    Excellent work, as usual.

  • @VinaySingh-wd4zx
    @VinaySingh-wd4zx Před rokem +11

    Great video summarizing the benefits.
    Since I see a lot of people here asking for advise about whether they should get the card, I thought I'd post my unbiased thoughts too as someone who has had the card for a couple of years now. Personally, I don't think the benefits justify the cost, and I also previously had the Chase Sapphire Reserve, so I understand what a good travel card is for my circumstances.
    When I called in to get the Amex card cancelled because I wasn't getting enough out of it, they listed all these benefits that I used as the 'value' I got from the card which surpassed the annual cost. While technically that is true, I define value as benefits I get that I truly want/need. For example, I got a cologne from Saks Fifth that I didn't need but I just did it since the window was ending. In Amex's eyes, I got $50 value here but if I didn't have the card, I wouldn't have got it. Or I got the Disney+ bundle but I never really use it. Also, in my opinion, some of the other benefits are just smoke screens - the centurion lounges where I've been are always closed, full, or have extremely limited hours, and the remaining priority pass ones have specific admission times for priority pass users. Don't get me started on how restrictive the airline credit is, and last I checked, Chase points are worth more. Also, as someone who travels internationally quite a bit, I think it is ridiculous how it is called a travel card but is barely accepted in other countries and I end up using my non-travel Visa card and pay foreign transaction fees way too often.
    Still, overall it does depend on your individual circumstances and where you spend your money.

    • @freddymedina7430
      @freddymedina7430 Před rokem

      How does one use the property pass and how does one know the times ?

  • @cuterina1236
    @cuterina1236 Před 2 lety +4

    I think my my favorite benefit is the automatic Hilton Gold status. I recently had a work trip over 100 days and received over 200,000 bonus points and diamond status 😍

  • @uhhhhJD
    @uhhhhJD Před 2 lety +8

    Also, for airline employees, the platinum is still useful even though we fly free most of the time! If you book ZED fares on another airline and pay the small fee, that is reimbursed. So the credit effectively covers price of tickets for airline employees. If you use the others it still ends up being profitable to own this card

    • @mnboiasu
      @mnboiasu Před 2 lety +1

      I work for an airline. Please explain the ZED reimbursement part? Thanks!

    • @Thehandler85
      @Thehandler85 Před rokem

      Yes same here. I work for Delta and I fly standby all the time. Sometimes I have to buy a ticket when I have to get back and there are no seat available. Can you explain this ZED?

  • @coryascott
    @coryascott Před rokem +3

    You can switch your Audible account to the 2 credit per month plan, it’s only $23 so you would only an extra $3 after the Amex perk

  • @thefinancialcouch1072
    @thefinancialcouch1072 Před 2 lety +6

    To many, this card is a waste of money. To us credit card lovers, this card is amazing if you are strategic with it. You can easily get your money back if you travel twice a year, if you do it right. Love my platinum card and won’t be canceling it anytime soon. Great Video, Daniel

  • @pimp0613
    @pimp0613 Před 2 lety +4

    That Walmart+ benefit is actually pretty cool as you get $0.05/gallon discounted right at the pump at Murphy gas stations along with $0.10/gallon discounted right at the pump at Mobil/Exxon gas stations, and have access to Sam’s Club fueling stations!

  • @dgreenapple
    @dgreenapple Před rokem +3

    Not sure but perhaps you didn't mention the $189 credit for membership in CLEAR. I like it a lot and use it every year. CLEAR helps you get through a busy airport with less hassle at the TSA line.

  • @anthonygardner400
    @anthonygardner400 Před 2 lety +11

    Hey Daniel. Thanks for a thorough summary of the benefits of the card. It’s good to be reminded of them, especially when that $695 fee is staring you in the face! One thing you might want to double check: you mention that the $200 airline credit can be used to pay for Wi-Fi. I haven’t found this to be the case with Delta. I believe it’s because Delta isn’t actually providing the service - Boingo is. But maybe it works on other airlines. Thanks. Take care.

    • @Daniel_Braun
      @Daniel_Braun  Před 2 lety +2

      Hey Anthony, thanks as always for watching! And thanks for the note about the WiFi - I kind of just assumed it was covered by the credit but completely forgot that I've read about it not always applying. Like you said - it depends on the airline and specifically what the WiFi system is on the plane. From what I can tell, sometimes the credit works but not always so always good to double check on a case by case basis! Appreciate the comment!

  • @alexanderprobst8300
    @alexanderprobst8300 Před rokem +2

    I got over $500 of value from one three day trip to a hotel collection resort, $200 airline credit plus $200 hotel credit from Amex plus a $100 credit from the hotel towards the spa, plus 3 days of room upgrades worth maybe $50-70 per night? Pretty darn good, more or less covered the entire annual fee right there in one trip.

  • @NS2589
    @NS2589 Před 2 lety +6

    Going back and forth on this card. I have a Charles Schwab brokerage account, so it would be the Schwab version of the card, and I love the hotel status, Uber credit, airline/hotel credits, but $695 is still hard to justify to someone who only travels a handful of times per year.

    • @junior5893
      @junior5893 Před 2 lety

      Yes it’s tough for sure. I’m on the chase side of things but I’ve been eyeing this card for a while. In my opinion you don’t get the Amex Plat to save money on trips or rack up points. If you’re already traveling a few times a year, the Plat will enhance your experience. Some of these other cards like the Venture X or Chase Reserve you don’t have to travel nearly as much to come out ahead

  • @aLostTeddyBear
    @aLostTeddyBear Před 11 měsíci

    Just a quick FYI if you’re thinking about getting the American Express card. Veterans can get it for free no annual fee but ofcourse you have to pay interest if you miss a payment. I think it’s a great offer to have if you have done prior service or are in the military.

    • @japonte173
      @japonte173 Před 8 měsíci

      this is incorrect. they only waive the fee for active servicemembers, not veterans.

  • @keithoshei6683
    @keithoshei6683 Před rokem +3

    Just so you know the fee is free for military so take it while your in.

    • @Daniel_Braun
      @Daniel_Braun  Před rokem

      Definitely a great benefit to take advantage of for active duty military, thanks for bringing that up!

  • @majorhavik395
    @majorhavik395 Před rokem

    With the economy crash of 2009, I lost my job & had to declare bankruptcy. I owed AE some money that was part of the filing. 10 years later, the bankruptcy is off my credit report & I’ve built my credit score north of 725. Tried to apply for a new AE card & was declined. Called customer service & was told nice try, we remember you. The only way I can get a card if AE sends me an invitation. I miss having one, but I understand from their standpoint.

  • @FrankChouFinance
    @FrankChouFinance Před 2 lety +2

    Paramount Plus now adds some more value to the Walmart Plus membership!

  • @aaronclarke919
    @aaronclarke919 Před rokem +1

    For anyone that wants to answer … Amex platinum , chase reserve , or capital one x cards . Which one is worth getting ? I like the lounge and travel credits. Btw, buy 2 50 dollar saks gift card . That’s how you’ll be able to combine your 50 dollar credit

    • @JJDoesLife
      @JJDoesLife Před rokem

      Did you get any answers Aaron? What did you go with

  • @glennedwards1449
    @glennedwards1449 Před 9 měsíci

    I guess for those individuals whose earnings are say a bit above average this card has value. However it is skewed for travel and luxury items it is unlikely that their booking service is going to find you the cheapest flight and hotel bookings and if you travel business or first class you already have access to a nice departure lounge. Similarly you are probably a member of your preferred hotel chain and get better benefits.

  • @caraddict9345
    @caraddict9345 Před rokem

    Just got approved for this Amex Card at 22 years old, I’m happy I follow credit card experts and use my credit for its full potential.

  • @mercedeswilkins5566
    @mercedeswilkins5566 Před 10 měsíci +1

    My second favorite credit card

  • @danielrafuls3990
    @danielrafuls3990 Před rokem +1

    Very helpful video - thanks for the breakdown. I ended up deciding that the Platinum Card wasn't worth it for me in the end.

  • @basehead617
    @basehead617 Před 11 měsíci

    the problem is these perks change with some regularity.. if you don’t carefully watch the changes you could end up keeping things that you were counting on reimbursements for and it doesn’t happen

  • @bethearl8686
    @bethearl8686 Před 2 měsíci

    Their Trip Cancellation/Interruption insurance SCREWED ME!!! I charged a $14,000 Alaska cruise from Vancouver to Anchorage. We got covid halfway through. They denied our claim because the it was not a ROUND TRIP CRUISE. We made the mistake of not booking our airfare back to Vancouver on the same card.

  • @mordechaigruber5746
    @mordechaigruber5746 Před 2 lety +3

    Priority Pass changed and you can now just show a Platinum card for entry

  • @SaltyDog1967
    @SaltyDog1967 Před 2 lety +2

    AMEX used my airline credit with Delta to cover the award ticket fees I had with my tickets to Cancun back in the Spring.

    • @Daniel_Braun
      @Daniel_Braun  Před 2 lety +1

      Nice, sounds like a good use of the credit! Thanks for sharing Scott 👍

  • @jasonpena2587
    @jasonpena2587 Před 3 měsíci +1

    Great video thanks!

  • @pneulancer
    @pneulancer Před rokem +1

    Great video. Very informative and well organized. You cover all aspects in a cogent manner. Thanks!

    • @Daniel_Braun
      @Daniel_Braun  Před rokem +1

      Thank you so much for saying that Mikey, glad you enjoyed it! Appreciate the support!

  • @avnishpatel4566
    @avnishpatel4566 Před 2 lety +2

    Love watching these after work lol

  • @tvkeneth
    @tvkeneth Před rokem

    Info delivery was top tier, thank you!

  • @marvinfrancois1
    @marvinfrancois1 Před 2 lety +1

    Another great video as always Dan, keep them coming!

  • @MannyCovington
    @MannyCovington Před 2 lety +4

    I'll definitely be sure to do those things when I get my Plat card eventually!

    • @Daniel_Braun
      @Daniel_Braun  Před 2 lety +2

      Awesome! Thanks as always for watching Manny, I appreciate the support 👍

  • @ItsMeCJ
    @ItsMeCJ Před 2 lety +7

    Shoutout to Wealthfront, I’ve been using them for years. Nice rundown of the benefits associated with the Platinum Card. One day this card will make sense for me, and I’m sure it’ll put a smile on my face 😄. Excellent video as always Daniel 👍🏾

  • @Latino_scholar
    @Latino_scholar Před 2 lety

    Best video yet from this CZcamsr. Kudos on a job well done.

  • @oarias5158
    @oarias5158 Před rokem

    It’s true, when I upgraded my seats from united and paid the extra cost with the card a week later it got reimbursed.

  • @davemartinez4143
    @davemartinez4143 Před 2 lety

    Thank you for the video it was a nice reminder. I have no problem using the credits obviously accept the equinox. At this point all I use my platinum card for is booking flights and of course the benefits that you outlined

  • @drewski91
    @drewski91 Před 2 lety +4

    Daniel I just got approved! Thanks for the video! Going to do all of these things :D

  • @K92584
    @K92584 Před rokem

    Also worth noting if you are active duty military they waive the yearly fee for the card.

  • @bilalc4415
    @bilalc4415 Před 2 lety +2

    I work at Chase and I’ll be honest, it’s not easy at all getting people to switch from Amex Platinum to Sapphire reserve. Yes Amex is $145 more expensive but come on lol

    • @returnnofthemac
      @returnnofthemac Před rokem

      Would Chase maybe consider adding a hotel credit when booking a hotel from the Luxury Hotel and Resort Collection ?

  • @PurpleDrazi
    @PurpleDrazi Před 2 lety +4

    Regarding getting GE over TSA Pre . . . there might be a case where you choose TSA Pre when time/convenience (in applying) is a factor (and you don't think you'll be flying internationally much . . . or at all)

    • @workingrich8464
      @workingrich8464 Před rokem

      But it is IMPOSSIBLE to get the necessary interview.

    • @solangecavagliato4225
      @solangecavagliato4225 Před rokem

      ​@@workingrich8464no its not I applied Feb 5 n I got the interview last week

    • @workingrich8464
      @workingrich8464 Před rokem

      @@solangecavagliato4225 where do you live? Great news. I will try again.

    • @andrewdiamond2697
      @andrewdiamond2697 Před rokem

      @@workingrich8464 The trick is knowing when interview times are added locally. Here in Charlotte, NC, they add new slots each Thursday at 5:00 pm, so that's when you look.

  • @manandi573
    @manandi573 Před 2 lety

    Top tier video again, would love similar vids on the venture x and csr

  • @RobinsonRare
    @RobinsonRare Před rokem +1

    Just got this card can’t wait to utilize all the perks !

    • @golden50s87
      @golden50s87 Před 9 dny

      do they fed express all platinum... My gold is coming in the mail but platinum is fed ex today

  • @ArunManoharManoharan
    @ArunManoharManoharan Před 2 lety +3

    Hey @Daniel, I'm planning to get this card mainly for the Centurion lounge access plus a few other benefits. Right now, the lounge access is complimentary for the holder + 2 guests. In Feb 2023, it's going to change to be just FREE for the holder and $50 for guest adult and $30 for child. Is it still a good deal? I'm eyeing out on the Venture X as well. I qualified for a $125k bonus, and this is what wants me to get this card badly.

  • @BrentCooper8
    @BrentCooper8 Před 2 lety

    Great this helps a lot in deciding if it’s worth it to get the card or not. Awesome video! Could you do one on the Chase Sapphire Reserve?

  • @SF-ul2mr
    @SF-ul2mr Před 2 lety

    In only a couple of
    Months after i pay my annual fee i more than doable my return in savings. I travel alot so its not hard to use most of the benefits. Win win

  • @uttrekr
    @uttrekr Před 2 lety

    Walmart plus also gives a 10 cent per gallon discount at Walmart Murphy and Exxon.

  • @justamom4902
    @justamom4902 Před rokem +1

    Credit cards are not ideal, paying for a status credit cards just sounds like poor financial advice. I can understand one or two credit cards for an emergency that you can pay off quickly, but I feel like paying for the platinum or the black amex card is just really bad advice. I advise my kids to save up and pay cash for what you want, or if they absolutely need a loan, go to the bank. Best if you already have the money in the bank and take out the loan against your own money. If you are wanting to keep the money in the bank to collect the dividends.

  • @ApertureViews
    @ApertureViews Před 2 lety +1

    Did they remove the writing “Platinum” for their cards now? Just going off the colour is the only way to differentiate.

  • @jaymoney1224
    @jaymoney1224 Před rokem +1

    Can I downgrade from AMC platinum to Amex Gold??

  • @matthewchernesky8382
    @matthewchernesky8382 Před 2 lety +3

    I just got the Platinum (in addition to my Gold), your vids are great for me justifying to my bf that these cards are worth it haha

    • @Daniel_Braun
      @Daniel_Braun  Před 2 lety +2

      Nice, enjoy the Platinum card! Haha glad my videos are helpful to explain the justification for the annual fee - thanks for watching Matthew!

    • @matthewchernesky8382
      @matthewchernesky8382 Před 2 lety +1

      @@Daniel_Braun For sure man! Keep making great content 🤙🏼

    • @jmemixx
      @jmemixx Před 5 měsíci

      Which one is better?

  • @ToddElkins-tk9xc
    @ToddElkins-tk9xc Před rokem

    You did not mention Clear. If you travel and you home airport has Clear it is worth plus Amex gives you a credit for the full amount

  • @paulnhbtx713
    @paulnhbtx713 Před měsícem

    Is this better than the Bank of America visa premium rewards elite infinite?

  • @Anc1ntkn1ght
    @Anc1ntkn1ght Před rokem +1

    No annual fee for people like myself (Active Duty Military) :)

  • @Glarf
    @Glarf Před 2 lety

    Git the flight credit on Delta easily. Booked a $250 flight with a $20 credit and $230 credit payment. It triggered something and the $200 credit showed up a few weeks later.

    • @andre3k658
      @andre3k658 Před rokem

      Did you book through American Express or a third party company?

    • @Glarf
      @Glarf Před rokem

      @@andre3k658 Delta directly

  • @JilesShip
    @JilesShip Před rokem

    Great job Daniel! Do you know if you can purchase miles from united with your platinum towards the $200. credit?

  • @alvarezbabygurl
    @alvarezbabygurl Před 2 lety +1

    Don’t forget to mentioned that military personal get this feed waived!

  • @bernadethhh
    @bernadethhh Před rokem

    Also wanna add the Global Dining Credits in participating restaurants around the world. ☺

  • @StreetHitzEnt
    @StreetHitzEnt Před 9 měsíci

    I think they removed Audible. I just got the card and don't see it listed. Disappointing because that's what I would've chose

  • @CalbyNg
    @CalbyNg Před 2 lety +1

    It’s nice too Walmart+ added Paramount+; more entertainment!!

  • @clytie_druid
    @clytie_druid Před 2 lety +4

    I was planning on getting the Platinum, but with the removal of the Companion Certificate I'm not sure I see it worth the $695 fee (though great video!). I'd be interested if you've done any analysis of the IAP and actual savings we can expect to see. Are there blackout dates with these tickets? How often are we really saving 20%, or is it an average of 3%? Etc.

    • @liz8913
      @liz8913 Před rokem

      When did they remove the companion certificate?

  • @dannykerr7312
    @dannykerr7312 Před rokem

    Great video! Thanks for all the informative information. But, no mention of the cell phone protection benefit...I pay $18.00 a month for insurance on my cell phone account with T-Mobile and the benefit that makes the price of the platinum card cost effective for me is this cell phone protection. Do you know anything about this benefit that may make the benefit not as black and white as it appears? Thanks again!

  • @jackiecuba3414
    @jackiecuba3414 Před rokem

    You deliver content so well. I like your style. Very straightforward and coherent. Keep up the excellent work. 👏👏👏

  • @youtubelearning2990
    @youtubelearning2990 Před 2 lety +3

    The Uber credits help out a ton as I take many rides a year.

  • @toyhousebd009
    @toyhousebd009 Před rokem

    I need the first 6 digits and the last 4 digits of the best card

  • @ssgtrom9739
    @ssgtrom9739 Před 4 měsíci

    You got me at 4pm checkout 😍

  • @Glarf
    @Glarf Před 2 lety

    Walmart just added Paramount Plus so you get that as well

  • @crunchwrapsupreme8812

    The smaller benefits
    Kroger’s added 20$ last month , just saying watch the bennys,

  • @ibawany7273
    @ibawany7273 Před rokem

    If you get your annual fee back in credits but don’t max out the welcome bonus is it still worth it?

  • @dclaghorn2
    @dclaghorn2 Před rokem +1

    Everyone talks about the Centurion Lounge, but it’s only for the year you get your card. After that, you need to spend $75k on the card to gain access. Also, the majority of lounges you get access to are ex-US. So, a lot of fine print on that benefit.

    • @Daniel_Braun
      @Daniel_Braun  Před rokem +7

      Hey Dave, so actually Amex Platinum cardholders get unlimited complimentary access to the Centurion lounges for themselves forever. The $75k of spend you're referring to is what you'd have to spend to get up to 2 additional free GUESTS per visit to come into the lounge with you. Otherwise the Centurion lounge is free to the cardholder and will cost $50 per guest starting in February 2023

    • @dclaghorn2
      @dclaghorn2 Před rokem

      @@Daniel_Braun wow! Thanks for clarifying that! I was feeling discouraged when I got that email from them.

    • @Daniel_Braun
      @Daniel_Braun  Před rokem +1

      Yeah no problem! It’s too bad they charge for guests starting next year - but still good for unlimited access as the primary cardholder because I’ve used it a bunch with my platinum

  • @FinancialFreedomMadeSimple

    This card has lots of benefits/

  • @user-ys3mo9ko7i
    @user-ys3mo9ko7i Před 2 měsíci

    Is it true that the Audible credit is now unavailable?

  • @412foto
    @412foto Před 2 lety +2

    $240 entertainment credit is of $0 value to me especially since it is Disney related. Already have precheck. So kind of hard to justify ever getting this card. I do really want a card that gets me lounge access though and since already in Amex ecosystem seems like it is a lot easier to get approved for the Platinum than say the Chase Reserve or Venture X

  • @jackcarraway4707
    @jackcarraway4707 Před rokem +1

    If you're military that annual fee is waived.

    • @Daniel_Braun
      @Daniel_Braun  Před rokem +1

      Yeah that's a great way to take advantage of all the benefits on the Amex Platinum with no out of pocket cost to you if you're in the military!

  • @jaydeeahr5842
    @jaydeeahr5842 Před 2 lety +5

    can you combine uber credits from gold and platinum?

  • @BobTheBuilderr
    @BobTheBuilderr Před rokem

    Great video. I am am active user in my friend account. He has the main account and i have an extra card. We both travel a ton so the Airline lounge access alone is worth it to us. I love the priority pass benefits to. I got access for me and my parents to a lounge recently in Seattle which was amazing. Got us roughly $60 in free airport food I'd say. 👍😎✈

  • @MuzixMaker
    @MuzixMaker Před rokem

    Many, many merchants do not accept Amex

  • @merrillbalan
    @merrillbalan Před rokem

    are you going to get more Amex offers (Specifically Hotel cash backs) if you go for Platinum instead of Gold or Blue

  • @zerorayne4782
    @zerorayne4782 Před rokem

    When you say statement credit, how quickly is that applied? For instance, if I charge audible on the 6th of the month, when will I see the credit? The 7th? 8th? Or does it hit when that billing cycle closes?

  • @justcallmebon2684
    @justcallmebon2684 Před rokem

    Does Amex cover Clear in addition to Global Entry?

  • @n_k_s_b
    @n_k_s_b Před 2 lety

    use the extra $5 of monthly for nyt cooking. it’s only $5

  • @Kdotpot
    @Kdotpot Před rokem

    in a year i’ll have two of my four hard inquiries gone from my credit report. Should i wait till next year to get the platinum or get it now that ive received the pre approval?

  • @worthlessgarbage4857
    @worthlessgarbage4857 Před rokem +1

    Reminder for all military! Amex waives the fee for active duty! Don't pay the 695 fee if you don't have to!

  • @derickbrown600
    @derickbrown600 Před 3 měsíci

    Was this for Amex or Wealthfront?

  • @nearmsp
    @nearmsp Před rokem

    Does an Authorized user get any benefit such as free entry to centurion lounge or Delta Sky Club when accompanying the primary card holder?

  • @Noneofthedays
    @Noneofthedays Před 2 lety

    Someone’s been doing those bicep curls!

  • @real_john_doe
    @real_john_doe Před 8 měsíci

    This is probably a stupid question, but are all these benefits stackable? Like can I simultaneously get all of these credits for Disney+, Uber Eats, Global Entry Application Credit, etc., or do they only allow you to pick and choose just a few?

  • @PeaceBeginsOnYourPlate
    @PeaceBeginsOnYourPlate Před 2 lety +1

    I get towels at Saks

  • @davidserna147
    @davidserna147 Před rokem

    i have AMEX plat and i dont have that digital entertainment credit

  • @bmacias15
    @bmacias15 Před rokem

    Daniel can you do a more in depth video on the Charles Schwab Platinum card?