American Express: Gold vs Platinum

#creditcard #amex

tags: american express, amex, top amex cards

[rickyhipsher]

The platum is a niche card. It caters 5x to flights and hotels . And only 1X on everything else. Thats it. I get more use out of the Gold card on a daily basis. Then when I want to travel just transfer the points over to the platnum. But if Amex would just add more categories to the platnum card i'd be happy paying $1, 000 annual fee for it.

[chris_panda]

Got my Gold card by a friend’s referral a few months ago and received 90K sign up bonus! 🎉

[chantrems]

I think the cards are meant to work together. If they put more piont earning categories on the Platinum, then fewer people may get the Gold. I think it was done strategically. More cards mean more annual fee charges for AMEX.

[heirtothethrone]

I only fly about three times a year so for me I see more value in the Gold card because of the grocery and dining categories plus the eating bonuses will cover the annual fee. I'd add the Gold card with the AE Blue Cash Everyday card and a 2% card and be covered for most things I do or need.

[TheDivaIsIntheDetails]

I LOVE the Gold card because all the points earned on restaurants and groceries for my large family, Uber/Uber Eats credits, and it also still earns some points on flights.

[RyanNamata]

I think with the annual fee, it would be fair to calculate the cost of 2-3 lounge visits. There the AMEX Platinum would be wildly more net positive.

[faustorodriguez]

Something that is not mentioned in this video is that if you are a military personel and you have any active duty order, you dont have to pay the annual fee!! You just have to sumit a copy of your orders, and that's it

[Marktec]

The Walmart+ benefit with the Platinum is great because you can get $0.10 off per gallon at Exon Mobile stations. Unfortunately, Platinum just dropped priority lounges. Centurion lounges are pretty gross too—they are always packed, loud, dirty, and most of their food isn’t friendly for people with common allergies.

[Doggieman]

If you're not a frequent flyer and/or won't derive benefits from the platinum's "coupon book, " then the gold wins hands down.

[dayanareve]

You nailed it! I think they are complementary cards. I got the Amex plat few months ago, and this card is great for traveling but I was not using it daily because of the 1x, so I referred my husband to apply for the gold to get the 4x on dining and restaurant 😊

[Thecreditcardconnection]

The tie was the right outcome. That’s why it’s important to have both and use them as a duo. I pool the points and get a much better return that way. I wanted to add in the Green card, but alas I am in Amex Pop Up jail. Lol. Great video as always! Thank you !

[anuragkarki]

got my amex gold approved for 90k points yesterday!!

[megusta]

Being in the military the fee gets waived and I do travel so platinum for me for now. When I retire I ain't paying $695 I'll tell u that much but for now it is much enjoyed benefits and I do use walmart+ to deliver directly to the house so easy

[iali]

Effective annual fee on the Platinum for me is -$300 because I used so many of the credits. Best card for my lifestyle. I travel 12 - 15 per year.

[mikeallensonntag]

The grocery and dining points is definitely a miss on the platinum. In reality you need both cards because you want the airport lounge access but you also want the grocery dinning points. It's a tough choice for someone wanting just one card.

[rayemanuel]

I have the American Express trifecta: Blue Cash Preferred, Gold, and Platinum. This way I'm covered all around.

[worldtravelventures]

I just entered the CC game and after watching yours and several other channels' think that the perfect 2 card combo is the AMEX PLT and the BILT card.With that being said.I overkilled it got the Chase Saphire Reserve as well 😁

[Rahyse]

This is how you win: One person gets the platinum and your spouse gets the gold. Best of both worlds for the sign in bonus. Afterwards, the platinum card holder should get a gold. That’s how to play the game.

[ugoeze]

Gonna have to respectfully disagree on the statement that credit cards don’t convey status:
If you’re talking cards accessible to us plebeians, I mean the general public 😅; the AMEX Gold, Platinum and (all of its iterations), Ritz Carltons, Sapphire Reserve doesn’t mean anything when I see it in public

But if you whip out the invite-only cards known by all (i.e. Centurion), known be a few (e.g. J.P Morgan Reserve, Dubai Royal First), I’m pretty sure they will still cause you to double take turn whether you’re a credit card warrior who’ve seen it all, or not. 🙃

[paradonym]

the black AMEX Centurion is status. The platinum is only for show-offs at lounge entries and so on. Because you show that you spend too much on travel. Even with 200$ bonus or so on credit, everything you can spend that bonus on is too expensive compared to other things. Like you can book the same hotel on the same dates for 200$ less on other sites then Amex travel anyway, so giving just 200$ just isn't enough when Amex travel itself is overpriced.