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American Express has officially made changes to the Platinum Card!
American Express had been rumored to change the Amex Platinum Card as early as July 2021 for new card holders and next year for existing card holders! These CONFIRMED changes to the Amex Platinum Card have a substantial impact on card users and whether this card is still the top travel card out here!
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Before we start this video, i just want to say one thing everything i said yesterday in that video was correct. We had some comments saying it seems too good to be true. It's all still rumors and capitals rumors and put some respect on my name, because everything i said yesterday was true and i'm excited to give to you guys the uh detailed breakdown of the new american express platinum card. If you guys find this video helpful and you want to apply for the platinum card or any other card make sure you apply download my referral link um just to support the channel.

I greatly appreciate it right now. I am in incognito mode on safari and it looks like it is: 75 000 mrp after you spend 5 000 in the first six months. I've seen sometimes where it's a hundred thousand right. Now, though, and i'm seeing seventy five thousand.

Obviously, if you find one for a hundred thousand go for that, but i'm incognito and it is seventy five thousand keep in mind guys the terms and conditions and the link directly to the website. So you can check this out, for yourself will be down below the annual fee on my side still says: 550. It is only 2 15 in the morning, but everything else on this page has officially changed. There are some things i got to change and go through overnight: processing, just like any other bank does, but the majority of this information is already on the website so 5x on flights directly with the airline or on amex travel up to 500k per year 5x on Prepaid hotels at amex, traveler.com, 1x on all other purchases, very straightforward, like we always do.

Okay, let's go over the benefits, all right, the travel benefits. First, you are getting that 200 hotel credit that i talked about. Um. You can use it all at once.

It's not broken down in the months or anything like that. It's going to be for prepaid, fine, hotel and resorts, or the hotel collection book news with amex travel. You have to play with your platinum card um. You are still going to get the global lounge collection, which includes like priority pass, and things like that, so you're not losing that at all.

You are still keeping your 200 airline crime credit. You still have to every fiscal year pick your qualifying airline for incidentals, such as check bags and flat refreshments and things like that gift cards and they are hit or miss. But typically it's going to be for check bags and in-flight purchases, you're still keeping your 200 uber cash that i talked about you're getting a new 179 dollar clear credit that you can use for your clear membership and guys, if you are like a delta sky miles. Member you can get that discounted as well, but keep in mind you are getting a clear credit as well, which i am so pumped about, i'm finally getting a clear credit and it sucks, because i have the green card.

That has the clear credit already. So i may have to do something with the green card very very soon um we are keeping the global entry tsa pre-track credit, which i begged i prayed for - that the rumors that the clear credit was going to replace it. No, i love that it has a combination. This is the only card to give you both.
This is why platinum is the best travel car, in my opinion, okay, so you're, keeping that um, you are getting something called the hotel collection. What this is, i just got off the phone with the um amex rep pretty much every year you get a hundred dollars to use. You have to call concierge which, which is what she told me it's going to be for things like dining or a spa. It says minimum two nights day required to be eligible for this benefit.

I was told that you have to call kanchi arizo to get more information, so i'll call khan. She airs um later on today. If you guys want to know more about that, you're still keeping your marriott gold status, your hilton gold status, no foreign transaction fees, car rental and loss damage, insurance, premium, car rental status, trip delay, trip cancellation, you're, keeping everything let's get into the other new things. You're going to also be getting the 240 entertainment credits so 20 a month, and this can be an annual savings of 240..

Now it says to visit, um participate in partners visit, americanexpress.com platinum, which i'll do for you guys uh in a quick. Second, i'm just going to keep going down the list. You also get that 300 equinox credit that i told you would be divided into 12 at 25, but it does appear. You have to enroll here first.

So when you click on that um you get to enroll and i'll look into more of this in a more detailed video to see exactly what it and you know has and because some people were asking me, can you buy things on the website and all that Stuff, i don't know i'll check that out in another time: um you will get and still keep the shop sacks with platinum and it is july 1st. So you get your other 50 to you starting today. So definitely go ahead and use it. I already got things in my cart, ready to go um, you still keep platinum card, concierge, um and all that good stuff.

So guys i am extremely satisfied with american express. I think they did an amazing job. Like i said, a lot of you were kind of on the fence when i made the announcement yesterday. To be honest, the person that i spoke to just now on the phone was the same person that i spoke to last night or two nights ago, and she gave me the spill.

Um and she's amazing she's, amazing, i'm not saying any names, but she gave me the spill prior, because why? I hide the information and yeah it's. I think it's definitely worth it. If you wanted to really sit there and add up all the numbers, we can add them up for you um. I did the math um already and i think if you used all the credits, it was about fifteen hundred and forty four dollars of dollar value, that you would get minus the 695 dollars um an annual fee.

So you will be profiting about 849 and let's say you can't use that 300 equinox credit. Okay, we do take a loss by 300, but you're still profiting 549 and, like i said i get so much value out of this card that me losing that 300. I'm gon na make it up with the status matching like i said, i'm going to the bahamas in a few weeks for only 200 because of the platinum card. So i'm going to find a way to make that up the referral bonus.
The referral um commissions i receive and all this i'm going to make it up for sure, so i'm definitely keeping this card. The only question i have for some of you like myself, who have the green and platinum combo. Do you still keep it because now the clear credit for the amex green card seems counterproductive? If you have both, but i know you still get like 3x on things like expedia.com and priceline.com. When you use your amex green card, you don't get that on the platinum card.

So it's a it's kind of tough. For me, i'll have to sleep on it. I may end up upgrading to the gold card which american express wins again because they get some more money out of me, but i'm happy overall and guys, like i said you heard it here first a couple days ago, so put some respect on the name. Let me know what you guys think about this: are you going to be keeping the card? Are you applying for the card? Are you downgrading? What are you doing and if, like i said, if you do want to apply for this card, my referral link will be down below i'll talk to you guys soon be safe.

You.

By Stock Chat

where the coffee is hot and so is the chat

31 thoughts on “Amex platinum card *new benefits july 2021*”
  1. Avataaar/Circle Created with python_avatars Court Too Fly says:

    Are you considering downgrading or canceling your platinum card with the confirmed changes? You have so many AMEX card so you may have them all! P.S. LOVE THE SHIRT you’re wearing 😉❤️

  2. Avataaar/Circle Created with python_avatars Erica Lathon says:

    Hi. Great video! Can you tell me how are you going to the Bahamas on your platinum. I’ve been following you for a long time and know that you Status match from the platinum to Wyndham diamond to Caesar if I’m correct but with Wyndham putting a halt on the status match is there another way around this to match with Caesar and get the Bahamas vacation? Thanks for your time!

  3. Avataaar/Circle Created with python_avatars Oshex says:

    You can give your family members the Clear membership for $50 per person up. It maxes out at 3 though. I used the Clear credit on the Green card for myself and just paid $150 for the three family members yesterday with the Platinum's new credit.

    I hope AMEX adds something else to the Green card though. Loungebuddy doesn't work at Delta Skyclubs, so it is currently unusable at Hartsfield Jackson Airport in Atlanta.

  4. Avataaar/Circle Created with python_avatars BlackOpzFX says:

    Equinox: Unusable for most ($2000 Yearly) – Hotel Credit: Useless (cheaper booking via Travel websites) – Now ONCE in Lifetime Platinum Bonus – Streaming Credit: Almost Useless (NO Netflix, Hulu, Spotify). This Remake is to GET PEOPLE TO CANCEL and Clear Out The Lounges and Regain Luxury Status. Too Many 'Normal' people have the card. Most that went for the 100K will CANCEL then I think they'll add some 'Good' easier-to-use credits in a couple years. This remake is to get rid of the people…

  5. Avataaar/Circle Created with python_avatars Fearlessly Underrated says:

    Just got a letter in the mail from chase. It reads: Hey buddy we will be jacking up your annual fee to 550 on your CSR card. If you don’t like it feel free to cancel your card 🤦🏽‍♂️

  6. Avataaar/Circle Created with python_avatars Flaneur Films says:

    Mans tone changed on this one AMEX must have cut that check

  7. Avataaar/Circle Created with python_avatars Jason McCray says:

    🗣Put some respeck on my bro’s name!

  8. Avataaar/Circle Created with python_avatars GraphyteTV says:

    You were the first person I saw to report this yesterday. Awesome job. New subscriber here

  9. Avataaar/Circle Created with python_avatars Chase Yokoyama - Finance, but Make It Fun says:

    Bruhhhh. Honestly I am pretty disappointed. When the offers were just "rumored" it didn't sound so bad. But with all these limitations and monthly statements, instead of yearly (classic AMEX) the credits don't seem as attractive. Thank God they kept the old credits that is the only thing keeping me from canceling the card at the moment. Respect for filming so early in the morning my guy. 🤙🏼 💯

  10. Avataaar/Circle Created with python_avatars Lyfe of Faz says:

    This confirms what I was thinking. The credits are restrictive and definitely geared towards a people in a certain income bracket that can afford a certain lifestyle. To be honest which is totally fair, it's just business at the end of the day. AMEX is cleaning house and getting rid of the travel hackers from the personal card. I may or may not keep it. I'll decide in 2022 (year 3) when my AF climbs to $675. I won't miss out too much since I still have the Platinum Business card.

  11. Avataaar/Circle Created with python_avatars Christopher Moore says:

    Thanks for the knowledge and info brother! I love my new Amex Platinum card. Not sure what I'm going to do with my Chase Sapphire Reserve now.

  12. Avataaar/Circle Created with python_avatars Scott Mckenzie says:

    Put some respect on your name indeed

  13. Avataaar/Circle Created with python_avatars jb live from the 215 says:

    PHILLY stand up !! AMEX PLAT love it

  14. Avataaar/Circle Created with python_avatars Akiva L says:

    @The Credit Card Maestro I really hoped for them to finally convert the airline and hotel credits into general travel credits without all the restrictions. Or at least match Hilton Honors pricing on their travel portal. What do you think of them restricting the hotel credit to Fine Hotels and and the Hotel collection rather than all hotels?

  15. Avataaar/Circle Created with python_avatars Gilbert Nicholas says:

    Definitely keeping the card but whenever the next increase comes is when it will probably be time for me to give it up and because of your status matching videos I'm going to Atlantis very shortly as well

  16. Avataaar/Circle Created with python_avatars carolinasOWNN says:

    So for existing Platinum Card holders so we get the 200$ Hotel Credit today? On 2022 when the 695$ is paid?

  17. Avataaar/Circle Created with python_avatars sam says:

    Aye good shit bro. Doing heavy lifting for all of us. Appreciate it

  18. Avataaar/Circle Created with python_avatars sladesurfer says:

    More like got more expensive with useless credits…

  19. Avataaar/Circle Created with python_avatars Gil Elliott says:

    RESPECT FAM!!!!!

  20. Avataaar/Circle Created with python_avatars D Cheong says:

    They also offer 10X MR points on restaurants for new members

  21. Avataaar/Circle Created with python_avatars miu T says:

    Reading the rules for entertainment fee.. that’s something I won’t be using it. Not utilizing the equinox and entertainment fees makes this card less of a good deal. CSP is probably the card I’ll be going with for 100K bonus credit and only $95 annual fee. Maybe when Amex make some more changes then I’ll reconsider 🙂

    Thanks for the lighting fast update!

  22. Avataaar/Circle Created with python_avatars ULYSSES HILL says:

    Great information keep up the good work

  23. Avataaar/Circle Created with python_avatars Luis Dominguez says:

    I’ve seen the offer for 125k but I don’t travel as much to find value for the card 😅

  24. Avataaar/Circle Created with python_avatars XL IV says:

    Wish they included different streaming services then what’s offered.

  25. Avataaar/Circle Created with python_avatars Rolo555 says:

    That Entertainment credit is garbage. Audible, NYT, Peacock and SiriusXM?!,!?

    This is turning into a glorified coupon card.

  26. Avataaar/Circle Created with python_avatars Ig:Cocaina_ 345 says:

    I like everything minus the equinox and private jet BS. Luckily my fees get waived every year so i still come up on top

  27. Avataaar/Circle Created with python_avatars Jay Cloud says:

    Does the clear credit extend to our authorized users as well?

  28. Avataaar/Circle Created with python_avatars Kelly Brown says:

    I'll have to sleep on it but I'm leaning towards canceling the Platinum.

  29. Avataaar/Circle Created with python_avatars TheFedExMan says:

    Appreciate the work you put in to keep us on our toes. I’d like you to consider a video or two of how you maximize the platinum benefits according to your lifestyle.

    I plan to upgrade my green to the gold for sure. I just in fact paid for my clear credit with the green yesterday with the delta discount.

  30. Avataaar/Circle Created with python_avatars mzjess says:

    We’re back Walter!! Congratulations to you!! I shared this video and they said they’ll believe when another YouTuber confirms. Well he hasn’t made a video yet. The changes are live and you’re the man! I’m going to share this and ask them if they are still waiting for their other YouTuber to confirm. Anyway, you’re a very reliable source in my book.

  31. Avataaar/Circle Created with python_avatars jj Conti says:

    shooting this at 2:15AM?! appreciate your hard work

    this pretty much kills my H aspire, i guess its time to open a plat

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