If you've thought about getting the American Express Platinum card, you've probably noticed that it has a $695 annual fee. You're probably wondering whether it is worth that fee, so let's find out!
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This video may contain links through which we are compensated when you click on or are approved for offers. The information in this video was not provided by any of the companies mentioned and has not been reviewed, approved, or otherwise endorsed by any of these entities.
Offers are current only as the time of the video publishing date and may have changed by the time you watch it.
Advertiser Disclosure: Some of the links and other products that appear are from companies which Brian Jung may earn a small affiliate commission. The offers shown in these videos are competitively the best offers you can find all while supporting this channel.
Disclaimer: I am not a financial advisor. Brian Jung does not provide tax, legal or accounting advice. This material has been prepared for entertainment purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
Is the American Express Platinum Card worth the 695 annual fee? Short answer: Absolutely yes, But why? Well, right now there's a special offer where you can get a hundred thousand at membership reward points after you spend six thousand dollars in purchases within the first six months. On top of that, you get a 200 Hotel credit. You also get a 200 Airline fee. Incidental credit: Get a 300 Equinox credit You get a 155 dollar Walmart Plus Credit You get a 200 Uber credit.
You'll also get a two hundred forty dollar digital Entertainment Credit You also get the 100 TSA pre-check and Global Entry Credit you get the free 100 Clear Credit get a 100 Saks Fifth Avenue credit Seeing that you're still very far off from the 700 annual fee I Think the break-even point right there justifies the annual fee and makes the Platinum Card definitely worth it.
As if someone using AMEX want to go to Walmart.
It’s only worth it for the first year
Dang son i only got the gold i only use it for Uber eats 😅
Not everyone can use the Equinox credit
Absolutely not.
Great breakdown!!
Thanks for all your videos!!
That is one expensive card right there.
Using Amex Platinum for 10 yrs now~~~Luv it! Next stop= Amex Black!
The perks take too much time to use if you’re a busy man.