My 5 Favorite New Perks of the Updated Amex Platinum

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The refreshed American Express Platinum Card® isn't just more valuable than before, with $3,500 in potential annual value. It's also more versatile than ever, with perks built for frequent flyers, big spenders, and binge watchers alike.

Here are five of my favorite new and upgraded perks from the Platinum Card®'s recent update.

1. $600 a year in hotel credits

Travelers rejoice: The Platinum Card®'s hotel credit has increased from $200 a year to $600.

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

It's worth noting that the Platinum Card®'s annual fee was upped by $200, from $695 to $895 (see rates and fees). But the $400 benefit increase here means you can singlehandedly cover the price hike twice over. All it takes is a couple of stays at your luxury hotel of choice.

Ready to start traveling in style? Read our full review of the Platinum Card® and apply now.

2. $400 a year in Resy credits

Looking to save on your next big night out? The Platinum Card® now offers up to $100 back each quarter on eligible U.S. purchases at Resy restaurants (terms apply; enrollment required).

You'll also get the pre-existing perk of Global Dining Access by Resy, which offers access to exclusive restaurants worldwide with your Platinum Card®. Date night, anyone?

3. $300 a year in lululemon credits

Here's another valuable new perk: The updated Platinum Card® offers $75 back per quarter on eligible purchases at lululemon in the U.S. (terms apply; enrollment required).

Lululemon is one of the most popular athleisure brands out there. Whether you're looking for new jogging shorts or an oversized hoodie to lounge around in, this perk has you covered.

4. $300 a year in digital entertainment credits

As a certified binge watcher, this perk might be my favorite: 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), up from $20 a month previously.

Also, in addition to existing services like Disney+, ESPN+, Hulu, and The New York Times, Amex has added Paramount+, YouTube Premium, and YouTube TV to the lineup for this perk. That's a murderer's row of top streamers.

5. $120 in annual Uber One credits

Finally, the Platinum Card® now offers credits to cover the cost of Uber's premium membership, Uber One, which comes with perks like discounted rides, $0 delivery fees with Uber Eats, and more. Terms apply.

That comes alongside the card's existing $200 in annual Uber Cash credits. If you're a big rideshare user, it's now even easier to get value out of the Platinum Card®.

Should you apply for the updated Platinum Card®?

If you couldn't justify the cost of old Platinum Card®, it might still be difficult to justify the updated version. Lots of people will still be better off with a mid-tier or no-annual-fee card.

But if you like the sound of these new perks, the updated Platinum Card® could be for you. Namely, if you could see yourself using the card's perks at places like Resy, lululemon, and popular streamers, the refreshed Platinum Card® is probably worth a look.

Want to unlock over $3,500 in annual lifestyle and travel perks? Read our full review of the Platinum Card® to apply today.

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