From the last Blog post I wrote about the American Express Platinum Charge card – but I wanted to expand further on the features and benefits of this card and will give you a better indication in regards to if it is the right card in terms of points and travel.

In terms of hotels – it provides elite status for the following:

  1. IHG Rewards – Gold member. I’ve had gold status before and it is nothing special – you get 10% more points but that’s about it. I’ve never had any preferential treatment by having this before
  2. Club Carlson – Gold. This is for hotels such as Radisson. There is 50% bonus in points earned when staying in these hotels.
  3. Accor Advantage – part of the Accor group – you are entitled membership which costs $319 annually and includes a complimentary nights stay as well. This is included in your Amex membership – so really does save you some money. The free night could be used in an expensive property such as the So Sofitel in Singapore which retails for around $450 just for the base room. Also you get 50% discount in Accor hotels when dining.
  4. Accor Platinum – this is the top tier of the Accor group. The hotels include the Sofitel, Novotel, Ibis and Pullman among others. You are entitled to upgraded rooms if available and also lounge access. There is a 100% bonus in points earned as well
  5. Starwood Gold Elite – this is for hotels such as Sheraton and Westin. This status is as bad as the IHG Gold – you get nothing but a bit more points earned.
  6. 80,000 Amex sign-up bonus after spending $500 in the first 2 months. This is worth $5000 as this is enough for a return business class to Hong Kong on Cathay Pacific.
  7. $200 Travel Credit with American Express Travel
  8. Free Flight or Hotel Stay with Amex Reservce Card – worth around $300
  9. Accor Advantage membership – valued at $319 when paying it yourself

With the Amex Platinum Card you are entitled to the Amex Platinum Reserve card even though this is not advertised on the website. You need to call Amex after receiving your Amex Platinum card so they can send you the application form. There is no added fee to this as this is a “companion” card to the Platinum card so sits in your Amex account. The main difference is that you get a free flight or a free hotel stay. In terms of the free flight – it can fly further than the Amex Platinum Edge card which can only fly to Adelaide as the furthest destination. The Amex Platinum Reserve free flight can go as far as internationally to New Zealand.

So if we add the benefits in terms of the Amex Card:

So the total value for this card is $5819 from the four points above. This does not include the lounge access that is provided which can cost hundreds of dollars as well as staying at Accor or Club Carlson hotels so when getting upgraded you even get more value.

At the end – it really depends on how much you travel to get the best benefits out of this. The more you travel the more sense it makes to keep this card. If you only travel once a year – better just to sign-up for it the first year – get the points – then cancel the card before the year is up. The main point is you want to get the bonus 80,000 Amex points which can transfer to an airline before you cancel your American Express Platinum card.


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