3 Little-Known 'Luxe' Credits of the Amex Platinum Card
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The American Express Platinum Card® is best known for travel rewards, luxury airport lounges, and that hefty $895 annual fee (see rates and fees). But beyond the airport perks, this card is packed with luxe lifestyle credits that are perfect for treating yourself (or gifting something special to the people you love).
I don't personally shop at Saks or lululemon, but I've happily used the credits to buy birthday and Christmas gifts for my wife. And I've definitely pulled out the card to cover a fancy dinner with friends, knowing the discounts would soften the bill.
Even if you're not using every benefit for yourself, these three underrated credits can help you give baller gifts (and experiences) without spending much out of pocket.
1. $400 in luxe retail credits (lululemon + Saks)
Need a fancy birthday gift or something upscale for the holidays? The Platinum Card® gives you two retail credits that can easily check someone off your list:
- $300 lululemon Credit: Get up to $75 per quarter when you use your Platinum Card® at lululemon.com or in U.S. stores (excluding outlets).
- $100 Saks Credit: Split into $50 from Jan-June and $50 from July-Dec, this one covers purchases online or in-store at Saks Fifth Avenue.
- Terms apply
These aren't just coupon codes -- they're statement credits, meaning you'll get the money back on your bill.
Pro tip: Check the sale sections on lululemon and Saks' websites. I once got three fancy sports bras for my wife for under $50 total on sale at Saks -- a gift she absolutely loved!
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Rewards Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel® up to $500,000 on these purchases per calendar year and earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel®. 1X Membership Rewards® Points on other purchases. Terms apply.
1X-5X Membership Rewards® Points
Annual Fee
$895
Welcome Offer You may be eligible for as high as 175,000 Membership Rewards® Points after spending $8,000 in eligible purchases on your new Card in your first 6 months of Membership. Welcome offers vary and you may not be eligible for an offer.
As High As 175,000 points. Find Out Your Offer.
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The American Express Platinum Card® isn’t just a credit card — it’s a status symbol. With over $3,500 in annual credits like $400 for dining with Resy, $600 in luxury hotel stays, and $300 in digital entertainment, plus VIP access to 1,550 airport lounges and automatic Hilton and Marriott Bonvoy elite status (enrollment required), it delivers prestige few cards can match. The fee is steep, but for those who want the best, the Platinum Card® can more than pay for itself — starting with a powerful welcome offer. Terms apply.
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- Big welcome offer
- Substantial spending credits
- Airport lounge access
- Hotel benefits
- Flexible travel points
- Annual fee
- Limited bonus categories
- Spending credits can be complicated to manage
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- You may be eligible for as high as 175,000 Membership Rewards® points after you spend $8,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
- Get more for your travels with 5X Membership Rewards® points on all flights and prepaid hotel bookings through American Express Travel®, including Fine Hotels + Resorts® and The Hotel Collection bookings. You earn 5X points on flights purchased directly from airlines or through American Express Travel® on up to $500,000 on these purchases per calendar year.
- More Value! With over 1,550 airport lounges - more than any other credit card company on the market* - enjoy the benefits of the Global Lounge Collection®, over $850 of annual value, with access to Centurion Lounges, 10 complimentary Delta Sky Club® visits when flying on an eligible Delta flight (subject to visit limitations), Priority Pass Select membership (enrollment required), and other select partner lounges. * As of 07/2025.
- More Value! $200 Uber Cash + $120 Uber One Credit: With the Platinum Card® you can receive $15 in Uber Cash each month plus a bonus $20 in December when you add your Platinum Card® to your Uber account to use on rides and orders in the U.S when you select an Amex Card for your transaction. Plus, when you use the Platinum Card® to pay for an auto-renewing Uber One membership, you can get up to $120 in statement credits each calendar year. Terms apply.
- More Value! $300 Digital Entertainment Credit: Get up to $25 in statement credits each month after you pay for eligible purchases with the Platinum Card® at participating partners. Enrollment required.
- More Value! $600 Hotel Credit: Get up to $300 in statement credits semi-annually on prepaid Fine Hotels + Resorts® or The Hotel Collection* bookings through American Express Travel® using the Platinum Card®. *The Hotel Collection requires a minimum two-night stay.
- New! $400 Resy Credit + Platinum Nights by Resy: When you use the Platinum Card® to pay at U.S. Resy restaurants and to make other eligible purchases through Resy, you can get up to $100 in statement credits each quarter with the $400 Resy Credit benefit. Plus, with Platinum Nights by Resy, you can get special access to reservations on select nights at participating in demand Resy restaurants with the Platinum Card®. Simply add your eligible Card to your Resy profile to book and discover Platinum Nights reservations near you, enrollment required.
- More Value! $209 CLEAR® Plus Credit: CLEAR® Plus helps get you to your gate faster by using unique facial attributes to verify you are you at 50+ airports nationwide. You can cover the cost of a CLEAR Plus Membership* with up to $209 in statement credits per calendar year after you pay for CLEAR Plus with the Platinum Card®. *Excluding any applicable taxes and fees. Subject to auto-renewal.
- $200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees, such as checked bags and in-flight refreshments, are charged by the airline to the Platinum Card® Account*. American Express relies on airlines to submit the correct information on airline transactions to identify incidental fee purchases. If you do not see a credit for a qualifying incidental purchase on your eligible Card after 8 weeks, simply call the number on the back of your Card. Qualifying airlines are subject to change. See terms & conditions for more details.
- Start your vacation sooner, and keep it going longer. When you book Fine Hotels + Resorts® through American Express Travel®, enjoy noon check-in upon arrival, when available, and guaranteed 4PM check-out.
- New! $300 lululemon Credit: Enjoy up to $75 in statement credits each quarter when you use the Platinum Card® for eligible purchases at U.S. lululemon retail stores (excluding outlets) and lululemon.com. That’s up to $300 in statement credits each calendar year. Enrollment required.
- $155 Walmart+ Credit: Receive a statement credit* for one monthly Walmart+ membership (subject to auto-renewal) after you pay for Walmart+ each month with the Platinum Card®.*Up to $12.95 plus applicable local sales tax. Plus Ups not eligible.
- $100 Saks Credit: Get up to $100 in statement credits annually for purchases at Saks Fifth Avenue or saks.com on the Platinum Card®. That’s up to $50 in statement credits from January through June and up to $50 in statement credits from July through December. No minimum purchase required. Enrollment required.
- Whenever you need us, we're here. Our Member Services team will ensure you are taken care of. From lost Card replacement to statement questions, we are available to help 24/7.
- $895 annual fee.
- Terms Apply.
2. $200 Oura Ring credit
If you're a wellness junkie (or you have one in your circle), the Oura Ring is a cool buy right now.
This ring tracks sleep, activity, recovery, and women's health insights, using 50+ biometric signals. It's like a personalized wearable wellness coach that doesn't look like tech gear. And with 88% of members reporting improved health, it's more than just hype.
The Platinum Card® gives you up to $200 per year to use at ouraring.com. Terms apply. And while the ring itself costs a bit more, the credit can get you more than halfway there.
Plus, it's a recurring annual perk, so if you always want the newest model, it's an easy upgrade every year. Enrollment is required (just once), and then you can buy straight from Oura using your Platinum Card®.
3. $400 Resy dining credits
My wife's a "foodie." She scrolls food blogs, follows chefs on Instagram, and keeps a restaurant bucket list in her Notes app. So the Resy credit is right up her alley.
The Platinum Card® now gives you up to $400 in Resy dining credits each year. That's broken up into $100 per quarter to use at more than 10,000 U.S. restaurants that partner with Resy. Terms apply.
These aren't run-of-the-mill restaurant chains. We're talking buzzy spots, tasting menus, and chef-driven gems that usually require a reservation.
Even if you wouldn't normally splurge on a $75-a-plate dinner, this credit turns those "someday" spots into realistic date night or friend night destinations. Grab a hard-to-get reservation, try something you've never had before, and let Amex pick up some of the tab.
Is the Platinum Card® worth it?
At $895 per year, the Platinum Card® isn't cheap. But if you can make use of the credits -- even by gifting goodies to friends -- it can return amazing value for a luxury card.
Beyond the three credits above, you'll also get:
- $600 Hotel Credit via Fine Hotels + Resorts® or The Hotel Collection (The Hotel Collection requires a minimum two-night stay)
- $300 Digital Entertainment Credit
- $200 Airline Fee Credit
- $209 CLEAR® Plus Credit
- $200 in Uber Cash annually ($15 monthly + a bonus $20 in December) for rides/eats in the U.S., plus up to $120 in annual statement credits for an Uber One membership
- 5X points on flights booked directly with airlines or with American Express Travel® up to $500,000 on these purchases per calendar year
- 5X points on prepaid hotels booked with American Express Travel®
- Access to 1,550+ airport lounges worldwide
- And more…
- Terms apply; enrollment may be required
So yes, it's a card that absolutely pays you back if you use it right.
And if you're someone who's all about experiences -- traveling in style, eating well, and enjoying the finer things -- this card has got you covered across the board.
Read our full American Express Platinum Card® review here to learn more and apply.
Our Research Expert
Joel O’Leary is a full-time Personal Finance Writer at Motley Fool Money, covering credit cards, bank accounts, investing, mortgages, and other personal finance topics. Joel has been writing about personal finance since 2018, previously leading editorial content for the How To Money podcast and serving as a resident writer at Budgets Are Sexy. He bought his first rental property at age 18, funding the down payment with savings from his high school job at McDonald’s -- a testament to his lifelong passion for smart money decisions. His work aims to make personal finance accessible and actionable for everyday readers. When he’s not writing, Joel enjoys surfing and spending time with his family.
Editorial Note: This content is not provided by American Express. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by American Express.
For rates and fees for American Express Platinum Card®, click here