7 Unique Perks of the New Amex Platinum Card

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Luxury card users, listen up: American Express Platinum Card® is more valuable than ever.

With its latest refresh, the Platinum Card® has added about $1,500 in value with new and expanded statement credits. Its annual fee is increasing by $200, too, from $695 to $895 (see rates and fees). But with the long list of new benefits, it's a price hike that's easy to justify.

Here are seven unique perks you'll only get with the refreshed Platinum Card®.

1. $600 a year in hotel credits

Previously $200 a year, the Platinum Card®'s annual hotel credit has tripled in value.

You'll now get up to $300 back twice a year on prepaid bookings through Amex Travel at Fine Hotels + Resorts or The Hotel Collection. There's a two-night minimum stay for The Hotel Collection. Terms apply.

If you're a big traveler, the Platinum Card®'s hotel credit was probably already on your radar. But now you can cover an even bigger chunk of the card's annual fee, just for staying at one of Amex's handpicked hotels.

2. $400 a year in Resy credits

The Platinum Card® now offers up to $100 back each quarter on eligible dining reservations via Resy (terms apply; enrollment required).

That's in addition to the existing perk of Global Dining Access by Resy, which gives you access to exclusive restaurants worldwide with your Platinum Card®. Foodies can now squeeze even more value out of the refreshed Platinum Card®.

3. $300 a year in lululemon credits

You'll also get up to $75 back per quarter on eligible purchases at lululemon in the U.S. (terms apply; enrollment required). For joggers, yoga pants, and all other sorts of workout gear, the Platinum Card® has you covered.

4. $300 a year in digital entertainment credits

Previously worth $240 a year, the Platinum Card®'s monthly digital entertainment credit has been beefed up. You'll now get up to $25 a month for eligible streaming and news services when you pay with your Platinum Card® (terms apply; enrollment required).

In addition to Disney+, ESPN+, Hulu, and The New York Times, Amex has added Paramount+, YouTube Premium, and YouTube TV to the lineup. Who doesn't spend at least $25 a month on those?

5. Annual $209 CLEAR® Plus Credit

The Platinum Card® has also bumped up its CLEAR® Plus credit to match CLEAR's price hike: You'll now get an annual $209 credit to cover the full cost of a CLEAR® Plus credit. Terms apply.

If you're looking to speed through security at airports nationwide, CLEAR® Plus with the Platinum Card® is the way to do it.

6. $200 a year in Oura Ring credits

With the Platinum Card®, you'll get up to $200 back a year when you buy an Oura Ring, the popular health-tracking accessory. Terms apply and enrollment is required here, too, and you'll have to buy online.

Most people will only use this perk once or twice, but it's a nice one. My mom swears by her Oura Ring to track sleep, stress, heart rate, and more.

7. $120 a year in Uber One credits

Finally, the Platinum Card® has added $120 in annual credits to cover the cost of Uber's premium membership, Uber One (terms apply). Members get perks like discounted rides, $0 delivery fees with Uber Eats, limited-time promotions, and more.

That's in addition to the existing monthly Uber Cash credits, which add up to $200 a year. If you're a big rideshare user, the Platinum Card® can offer some serious value here.

Is the Platinum Card® worth $895 a year?

The answer to that question depends on your spending habits and lifestyle. If you couldn't justify the old Platinum Card®, chances are you won't be able to justify the new version -- you'd be much better off with a mid-tier or no-annual-fee card.

But with $1,490 in added value, the refreshed Platinum Card® promises to be an even better pick for frequent travelers, foodies, and big spenders.

Ready to enjoy thousands in annual perks? Read our full review of the Platinum Card® to apply today.

Our Research Expert