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American Express Platinum Card®
4.5/5
Up to 100,000 Membership Rewards® points (70,000 in 1st year)
Rewards Calculator Algorithm
You can either estimate rewards by inputting your spending habits manually or creating secure bank connections through our trusted financial partner mx.com and letting Finly analyze your spending in the past year.
Finly's algorithm factors in all the reward limits and fine prints of every single credit card so you can be sure your results are as accurate as possible.
Note: The bank connections are not perfect, meaning that occasionally the connection may fail. This happens when the MX bank connector is unable to establish the link, which is beyond our control. If this occurs, please feel free to inform us and use the manual method as an alternative.
Your Spending
Modify your spending numbers and click update to get the most accurate reward estimates.
Restaurant, Fast Food & Coffee Shop
$
Grocery
$
Recurring Purchases (Bills, Subscriptions, etc.)
$
Gas
$
Transportation
$
Entertainment (Movies, Concerts, etc.)
$
Foreign Purchases (Non $CAD)
$
Travel (Flights, Hotels, etc.)
$
Pharmacy
$
Online Shopping
$
Home Improvement (Renovation, Furniture)
$
Purchases at Canadian Tire, Sport Check, Lquipeur, Atmosphere, Party City, SportsRousseau, HockeyExperts, LentrepduHockey
$
Other Purchases Not Specified
$
Linked Credit Cards
Connect your existing credit cards starting with your most used one. After a successful connection, view all Canadian credit cards with their rewards ranked using your true spending habits.
Card Details
Based on $2,000 spending
First Year Value
-$217.74
-$217.74 in years after
Annual Rewards
$581.26
American Express Membership Rewards
First Year Bonus
$0
American Express Membership Rewards
Annual Fee
$799
First Year Value
-$217.74
While the first year bonus value here shows $0, the actual welcome bonus for this credit card is valued at $2,100 when you meet the minimum spending or other listed requirements. The value of $0 here was derived based on numbers in the spending inputs.
Card Details
Info
Card Type | Credit |
Reward Type | Points |
Our Rating | 4.5/5 |
Institution | American Express |
Loyalty Program |
Fees & Rates
Annual Fee | $799 |
Interest Rates | Purchase: 21.99% - 30%* Cash Advance: N/A* |
Eligibility
Credit Score Estimate | Fair |
Annual Income | Personal: N/A Household: N/A |
Bonuses
Welcome Bonus | Up to 100,000 Membership Rewards® points (70,000 in 1st year) |
Description | New Platinum® Cardmembers, earn 70,000 Welcome Bonus points after you charge $10,000 in net purchases to your Card in your first 3 months of Cardmembership. Plus, earn 30,000 points when you make a purchase between 14 and 17 months of Cardmembership. |
Rewards†
- 2x points per $1 spent on eligible dining & food delivery purchases (restaurant, fast food, coffee shop, food delivery)
- 2x points per $1 spent on eligible travel purchases (flights, hotels, tours and more)
- 1x point per $1 spent for all other purchases
American Express Platinum Card® Points Calculator
Based on $2,000 spending
Rewards Ranking
Rewards Breakdown
Food and drinks
8,400 points
Travel
2,400 points
All other purchases
16,879 points
Annual Fee
- $799
Net Annual Rewards
27,679 points
Valued at -$217.74 (after fees)
Rewards Summary
Net Annual Rewards
27,679 points
Valued at -$217.74 (after fees)
First Year Card Bonus
0 points
First Year Card Value
27,679 points
Valued at -$217.74
Point Redemptions
Note: A negative redemption value indicates that redeeming your rewards using that method might lead to a situation where the value you get is less than what you pay for as the annual fee of the card based on your spending habits, however this does not take into account the value you get from extra benefits.
Redemptions Chart
Transfer to Airline Partners
-$217.74
Fixed Point Travel Program
-$339.53
Transfer to Hotel Partners
-$477.92
Statement Credits
-$522.21
Gift Cards
-$587.25
Amazon
-$605.25
Merchandise
-$624.62
Legal
*Terms and conditions apply.
This Charge Card requires full payment of the Due in Full balance each month, with a 30% interest rate on late payments. The Flexible Payment Option balance has a 21.99% interest rate, which increases to 25.99% after two missed payments and 28.99% after three or more within 12 months. A 21-day interest-free grace period applies to new transactions if the full balance is paid by the due date.
American Express is not responsible for maintaining or monitoring the accuracy of information on this website. If you apply and get approved for an American Express Card, (I/we) may receive compensation from American Express, which can be in the form of monetary payment.