A PHP Error was encountered

Severity: Warning

Message: fopen(/var/cpanel/php/sessions/ea-php73/PHPSESSID84b8f8db0661cb7bbfe1404ad70369d958b95a4d): failed to open stream: No space left on device

Filename: drivers/Session_files_driver.php

Line Number: 172

Backtrace:

File: /home/uycxwmiu/public_html/application/core/WD_Controller.php
Line: 6
Function: __construct

File: /home/uycxwmiu/public_html/application/core/WD_Front_Controller.php
Line: 22
Function: __construct

File: /home/uycxwmiu/public_html/application/core/Front_Controller.php
Line: 8
Function: __construct

File: /home/uycxwmiu/public_html/application/controllers/Card.php
Line: 5
Function: __construct

File: /home/uycxwmiu/public_html/index.php
Line: 315
Function: require_once

A PHP Error was encountered

Severity: Warning

Message: session_start(): Failed to read session data: user (path: /var/cpanel/php/sessions/ea-php73)

Filename: Session/Session.php

Line Number: 143

Backtrace:

File: /home/uycxwmiu/public_html/application/core/WD_Controller.php
Line: 6
Function: __construct

File: /home/uycxwmiu/public_html/application/core/WD_Front_Controller.php
Line: 22
Function: __construct

File: /home/uycxwmiu/public_html/application/core/Front_Controller.php
Line: 8
Function: __construct

File: /home/uycxwmiu/public_html/application/controllers/Card.php
Line: 5
Function: __construct

File: /home/uycxwmiu/public_html/index.php
Line: 315
Function: require_once

American Express Platinum Card Review 2022 | My Rate Compass
Platinum Card® American Express Review
Earn 80,000 Membership Rewards® points - that’s $800 towards a weekend away
Apply Now lock
Recommended Credit Score:
740 900
Excellent
$800
Welcome Bonus Value
$699
Annual Fee
20.99%
Purchase Interest Rate
NA
Min Personal Required
Platinum Card® American Express
lock
Apply Now
My Rate Compass Rating: star star star star star_outline (4.3)
Bank Name:American Express
Network Type:Amex
Awards:Best Credit Card Award Winner
Platinum Card® American Express
Welcome Bonus
Earn 80,000 Membership Rewards® points - that’s $800 towards a weekend away
Annual Fee
$699
Platinum Card® American Express
Card Details
PLATINUM CARD® AMERICAN EXPRESS REVIEW

  •  Unlock special experiences with the Platinum Card®
  • Earn 80,000 Membership Rewards® points - that’s $800 towards a weekend away
  •  New Platinum® Cardmembers, earn 80,000 Welcome Bonus points after you charge $7,500 in net purchases to your Card in your first 3 months of Cardmembership
  • Plus, earn 20,000 points when you make a purchase between 14 and 17 months of Cardmembership
  •  Earn 3 points for every $1 in Card purchases on eligible dining and food delivery in Canada, 2 points for every $1 in Card purchases on eligible travel, and 1 point for every $1 in all other Card purchases
  • You will have access to a $200 CAD Annual Travel Credit to use towards any single travel booking of $200 or more charged to your Platinum Card and made on www.americcanexpress.ca/trave or through Platinum Card® Travel Service
  • Take full advantage of The American Express Global Lounge CollectionTM which unlocks access to over 1300 airport lounges worldwide. This includes The Centurion® Lounge network, Plaza Premium Lounges, and hundreds of other domestic and international lounges designed to enhance your travel experience
  • Enjoy flexible ways to use your points such as statement credits for any eligible purchase charged to your Card, new travel purchases booked on American Express Travel Online through the Flexible Points Travel Program, and eligible flights through the Fixed Points Travel Program
  • Transfer points 1:1 to several frequent flyer and other loyalty programs
  • Enjoy complimentary benefits that offer an average value of $550 USD at over 1,000 extraordinary properties worldwide when you book Fine Hotels + Resorts
  • Platinum Cardmembers can enjoy access to special events and unique opportunities
  • Enjoy premium benefits at the Toronto Pearson Airport such as discount on parking
  • You will also have access to many leading hotel and car rental companies’ loyalty programs. Our partners include Marriott International, Hilton Hotels and Resorts, Radisson Hotel Group Americas, Hertz and Avis
  • Interest applies in accordance with your Cardmember Agreement, Information Box, and Disclosure statement if the total New Balance is not paid by the Payment Due Date each month. All payments must be received by the Payment Due Date shown on the monthly statement
American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information click the Apply now link. Conditions apply

Insurance
  • Priority airport services Yes
  • Airport lounge access Yes
  • Concierge service Yes
  • Balance protection(Optional) No
  • Purchase Security & Extended Protection Insurance Yes
  • Flight delay insurance,Baggage Insurance Yes
  • Vehicle rental insurance Yes
  • Travel accident insurance Yes
  • Travel medical insurance Yes
Fees and Eligibility
Fees
  • Annual Fee: $699
  • Additional Card Fee: $175
  • Purchases Interest Rate: 20.99%
  • Cash Advance Interest Rate: -%
Eligibility
  • You're a Canadian resident
  • You've reached the age of majority in your province or territory
Recommended Credit Score:
740 900
Excellent
Our Rating
My Rate Compass Rating: star star star star star_outline (4.3)
Rating Methodology: My Rate Compass's ratings are determined by our editorial team. Our editors rate credit cards objectively based on the benefits and features the credit card offers, interest rates, the fees, and how a credit card compares with other cards in its category. Credit card rating methodology
Editorial Guidelines: Learn more about our editorial guidelines here.
Pros and Cons
Get rewarded for exploring the world – with 2X the points on travel3
Earn points on your dining experience
Earn 3 points for every $1 in Card purchases on eligible dining and food delivery in Canada and discover some of the world’s top culinary experiences with the Global Dining Collection5.

No matter your destination, you can earn 2 points for every $1 in Card purchases on eligible travel3

Take full advantage of The American Express Global Lounge CollectionTM  which unlocks access to over 1300 airport lounges worldwide. This includes The Centurion® Lounge network, Plaza Premium Lounges, and hundreds of other domestic and international lounges designed to enhance your travel experience

Enjoy premium benefits at the Toronto Pearson Airport such as discount on parking

You will also have access to many leading hotel and car rental companies’ loyalty programs. Partners include Marriott International, Hilton Hotels and Resorts, Radisson Hotel Group, Hertz and Avis
Editor's Review

This card is the most exclusive credit card in the market however it comes with a $699 annual fee which is one the highest for a Canadian credit cards. The Platinum Card® is perfect for those who are looking for a luxury credit card with outstanding benefits, rewards, insurances, and platinum experiences. The annual fee is high however a frequent traveler will enjoy every single benefit on this card.


Platinum Card's rewards earn rate:

  • Earn 3 points for every $1 in Card purchases on eligible dining and food delivery in Canada
  • Earn 2 points for every $1 in Card purchases on eligible travel
  • Earn 1 point for every $1 in all other Card purchases

 
Pros

Earn up to 80,000 Membership Rewards® points - that’s up to $800 towards a weekend away

No credit limit:
There is no preset credit limit with this credit card

Premium airport lounge access: Complimentary access to over 1,300 airport lounges across 130 countries.

Premium insurance: The Platinum Card® offers different types of insurance like below:

  • $500,000 Travel Accident
  • Travel Emergency Assistance
  • Trip Cancellation /Trip Interruption
  • Car Rental Theft/Damage
  • Lost or Stolen Baggage
  • Flight Delay
  • Baggage Delay


Cons

High annual fees: The Platinum Card has an annual fee of $699. Each additional card is $175.

Awards

Author Bio

User
Mohamed Konate

Mohamed Konate is a personal finance expert, blogger, and marketing consultant based in Toronto. He is a former financial services professional who worked at major Canadian financial institutions for many years. He managed the marketing strategy around various financial products ranging from credit cards to lines of credit. Mohamed is passionate about personal finance and holds a Bachelor's in Business Administration from the University of Quebec (Montreal) and a Master's in International Business from the University of Sherbrooke (Quebec). He is also the author of the Canadian Credit Card Guidebook and earns rewards with the American Express Cobalt credit card.

 

Compare Credit Cards
Compare credit cards side by side and choose the best option to maximize cash back, rewards, pay down debt, and save money on interest.
Help me Select a Credit Card
Find the credit card that is right for your needs and lifestyle by using our free credit card selector tool.