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The Platinum Card from American Express

The Platinum Card from American Express Hotels & Lodging

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

Annual fee
$895/yr
Estimated value
$300/yr
Benefit
1

$600 Lodging Credit (FHR / Hotel Collection / Airbnb Luxe)

$600/yr

You can receive up to $600 total in semi-annual credits. Credits are only good for prepaid bookings made through American Express Travel when booking Fine Hotels and Resorts, The Hotel Collection or Airbnb Luxe homes (The Hotel Collection and Airbnb Luxe stays require at least two nights, and from January 1, 2027 Fine Hotels and Resorts stays do too). Fine Hotels and Resorts stays also include $100 in property credits, complimentary breakfast for two and guaranteed 4pm checkout, with early check-in and a room upgrade if available. These hotel perks do not apply to Airbnb Luxe bookings.

Pro Tips

  1. 1Use each $300 allowance before it expires by planning one stay in each half of the year.
  2. 2Pick lower cost properties to stretch the credit. Fine Hotels and Resorts allows a one-night stay through December 31, 2026; from January 1, 2027 it needs two nights to earn the credit.
  3. 3Take advantage of perks like breakfast, spa or food credits, and late checkout to increase value.
  4. 4Always confirm you booked under the correct program and met any stay length requirements.

Value Analysis

Face Value
$600
Estimated Value
$300

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.