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The Platinum Card from American Express

The Platinum Card from American Express Department Stores

$895/yr annual fee. One department stores benefit, with what each is worth and the limits that apply.

Annual fee
$895/yr
Estimated value
$78/yr
Benefit
1

Walmart+ Membership Credit

$155/yr

You can receive a monthly credit for a Walmart Plus membership. Annual plans, Plus Ups, and business memberships do not qualify. The charge must be processed by American Express each month, and only the first eligible membership fee will trigger the credit.

Pro Tips

  1. 1Enroll through the benefit page and switch to the monthly plan, since annual memberships do not qualify.
  2. 2Treat the membership as free and take advantage of perks like shipping, grocery delivery, discounted gas, and the included streaming service to maximize value.
  3. 3If you rarely shop at Walmart, use time saving benefits such as delivery or fuel discounts so the membership still pays off.

Value Analysis

Face Value
$155
Estimated Value
$78

Editorial disclosure: CardRewards.ai is an independent comparison service. Card data comes from issuers' published terms; catalog last published November 13, 2026, and each card page shows when its terms were last checked. Card issuers do not influence our rankings or content.