American Express Platinum vs Centurion | Which Amex Card Is Better?

I'm often get asked which credit card is better? The Amex Black Card or the Amex Platinum Card? As an owner of both the American Express Centurion Card and the American Express Platinum card for several years, over 10, I decided to make a video going over a comparison of the benefits of each card and the value to benefits.

Both credit cards are exceptional and this also has become a hot debate on the channel where people just cannot justify the value of the Centurion Card membership fee and the annual fee when compared to the American Express Platinum charge card. They just do not see the value of the centurion credit card that far outweighs the platinum credit card to justify the nearly 10 times more annual fee and 20 times more one time membership fee which is now $10,000.

The Amex Platinum card fee is $550
The Amex Centurion also known as the black card fee is $5000 annual and one time $10,000 membership.

So which card is better? Check out my video.

COMMENT BELOW AND SHARE YOUR EXPERIENCES - ALL OPINIONS WELCOMED!
_____________________

Checkout My Other Credit Card Videos:
_____________________

--------------

#americanexpress #blackcard #creditcard -

-

---------------------------

*Disclaimer: Some of the links and other products that appear in this video are from companies from which Ideal Visibility Inc / Ideal Media Inc will earn an affiliate commission or referral bonus. Ideal Visibility Inc / Ideal Media Inc is part of an affiliate network and receives compensation for sending traffic to partner sites. As an Amazon Associate, I earn from qualifying purchases. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. The message in this video is to be taken for entertainment purposes ONLY. If you need advice, please contact qualified and licensed professionals, including Certified Public Accountants, attorneys, insurance agents, real estate agents, financial advisors, or appropriate licensed professionals for the subject you would like help with. These videos are strictly for entertainment purposes. Neither Simon Katz nor Ideal Visibility Inc / Ideal Media Inc are qualified or licensed in any profession and the content should NOT be taken as advice on investments, personal or business choices or decisions. This video is made for strictly entertainment purposes.

[BankAccountBonusCentral]

Platinum pays you many times over to own it... Centurion is just flexing...

[jumpstylegirl]

Did you know? If you are an active duty military member (in the United States), The annual fee is waved :)

[thedscale]

The bonus to the centurion card is the VIP service. Whatever you need, anywhere in the world.

"I need a private flight to France in 1 hr."

"I need tickets to a sold out concert."

Just need points? Pick any other card.

[artraft]

Centurion is more of against the Coupon mentality 4X, 5X, etc and more of getting rewarded with exclusive lifestyle offers. Platinum is still more of playing the catch-up but still getting the reward (But Platinum get to enjoy selecting, while Centurion is more of pushing the boundaries)

[TonyMilanoOfficial]

I just watched a video with everyone complaining that the Platinum was expensive and not worth it. It’s great to see the view from the other side. Thanks.

[kennethakalonu]

Great video Simon. I have had d platinum card for a few months and the fee was just increased but it's a great card looking forward to using it more. Just like u pointed out Centurion card is you're paying for the prestige and honestly majority of the people who have Centurion cards dont really care much about the extra benefits they just want the ease of life, concierge and just the prestige

[jirenthegray]

Just got approved for the Platinum Card. Thank God! I look forward to using it. I’ve waited for years to get an AMEX card. Never would I thought I would get the platinum. 😊

[parnelvictor]

I've used the platinum card for all my travel purchases but still want the black card just because you have to be on the top of your game to get it!

[O-Dini]

I’ve had the AMEX Platinum Card for 2 years now, it is a wonderful card to have! And I just subscribed to your channel... I appreciate the content you provide, it is very informative. Thank You! 🙏🏾💯🙏🏾💯🙏🏾💯🙏🏾💯🙏🏾💯🙏🏾💯🙏🏾

[allyjennarink]

My husband and I JUST upgraded to The Amex Black Card, but still have our Amex Platinum card with a 75K max out. Use each card according to what your purchasing.

[clintonstumpf]

Great Video. These two cards shouldn't even be in the same sentence, Centurion card is truly a Luxurious Elite card and the Platinum is a coupon card with water down benefits.
Platinum will be relaunched again in July with higher AF without an doubt.

I agree that pound for pound Platinum is more value, but the Centurion is all about prestige.

[afoster]

Thanks Simon ; I’m getting mine after 9 years ; they upgraded my card to platinum after they checked my financial records

[joseantoriano]

Hi, I really love to see your videos.

American Express just called me to offer me the Platinum, I have the Gold at the moment. I’m 22 years old and I feel very comfortable with what I am achieving, since I have always wanted to have an American Express.

I don’t know if I’m going too quickly, I apply for the Green by March 2020, they offer me the Gold and I accepted in November 2020 and now by April 2021 I have the chance to get the Platinum but I said I need time to think about it.

I enjoy very much your videos when you talk about American Express, I’m a big fan!

[turtle]

Platinum concierge will call local stores to find that thing you want.
Centurion concierge will send a guy to a remote village in eastern Europe on a moped to get that mug you regretted not buying.

[chrisirwin]

Great video Simon, appreciate the in-depth analysis.
You’ve really stepped up the production value too, latest videos look nice 👍
About the additional users - the Plat comes with unlimited number of “Gold” authorized user cards that each get their own Global Entry fee waiver.
Gave some AU cards / GE memberships to my friends and family as holiday gifts last December 🤑

[maxstatic]

The 10x gas/groceries is only a “first six months of having the card” benefit unless they changed it recently.

[petersmith]

Having approximately 100, 000 Centurion Card members worldwide is not that rare imho. To put that into perspective, Patek Philippe produced about 50, 000 timepieces a year before the pandemic. Ever since the global pandemic started, their production number dropped substantially due to the lockdowns and global supply chain disruptions. Any person trying to buy a brand new Patek Philippe watch at an authorized dealer at the moment will find it extremely difficult to obtain one as there’s a shortage of PP watches in the market. They can try to buy in the grey market but they’ll have to pay way above MSRP if the watch is available.

[shadibadawood]

First like .... keep it coming Simon
Love from Germany

[TheFedExMan]

So basically what your really really saying is, having both cards is the strategy. Platinum with their current benefits for normal things, move to Austin so you use the equinox benefit of the centurion and shop at saks to make up the remaining difference. Book your flights with the centurion for the 1.5x, custom service perks and everything balances out. 👍🏿

[animolofficial]

Thank you so much for this video! I was having a hard time deciding which one to get!