Amex Exchange Platinum Card Review 2025

The Exchange Platinum Card® from American Advise is an industry leader amongst essentially top-of-the-line little industry cards available this day, thanks to a slew of treasured advantages.

Cardholders abilities top price access to the arena’s most effective airport lounges, complimentary elite build with pick hotel chains and rental automobile companies, and commentary credit rating rate tons of of bucks toward smartly-liked place of job expenses.

Amex Exchange Platinum Review

In the event you’re a little-industry owner shopping for a top price card with treasured advantages and rewards which can per chance presumably presumably be straightforward to impress and redeem, the Amex Exchange Platinum Card is an unbelievable different.

The card comes with a generous welcome bonus offer — you may presumably presumably presumably influence 150,000 Membership Rewards® choices after you exercise $20,000 in eligible purchases on the card inner the first three months of card membership, plus, influence a $500 commentary credit rating after you exercise $2,500 on qualifying flights booked straight with airways or through American Advise Shuttle with your card inner the first three months of card membership (offer ends 6/30/25). That’s rate spherical $2,700 in toddle, primarily based on Exchange Insider’s choices and miles valuations of Amex choices being rate an moderate of 1.8 cents apiece. Terms practice.

You’ll hold to exercise a form of money to impress this bonus, nonetheless it’s doable for many little companies — especially whereas you derive the card true sooner than making a ravishing buy.

The card has a $695 annual price rates and expenses. This fee may presumably presumably very successfully be successfully rate the expense whereas you may presumably presumably presumably maximize the card’s treasured perks.

Amex Exchange Platinum Card Rewards

The Amex Exchange Platinum Card earns Membership Rewards choices®, and its earning building affords bonus choices for ravishing purchases and in courses that enchantment to little companies.

Earning Rewards

The Amex Exchange Platinum Card earns:

What Counts as a Bonus Category Acquire?

As a replacement of the customary 1 level per dollar on most purchases, Amex Exchange Platinum Cardholders can influence a 50% bonus on the rewards courses listed above.

Nonetheless, many hold comely-print restrictions and stipulations:

U.S. Digital Goods, Instrument, and Cloud Systems

Cardholders need to buy products or companies and products straight from U.S. electronic goods retailers or U.S. instrument and cloud machine suppliers to qualify for bonus rewards.

Digital retailers corresponding to Dell and Newegg primarily sell a unfold of electronic goods, whereas instrument and cloud machine suppliers handle Adobe or Salesforce primarily sell programs and records storage, whether or no longer downloaded or cloud-hosted.

Excluded companies include:

• On-line marketplaces that offer a selection of products out of doors of electronic goods (e.g., Amazon, eBay)
• Superstores (e.g., Purpose, Walmart)
• Purchases from wi-fi cell phone and mobile provider suppliers (e.g., AT&T, Verizon)
• Application purchases through aggregator platforms
• Consulting and administration companies and products

Transport Services and products

Bonus-qualifying transactions desires to be made with courier, postal, and freight shippers located within the U.S. corresponding to FedEx, UPS, or USPS.

Cardholders enact no longer influence bonus rewards on shipping prices added to retail purchases (e.g., online or catalog purchases). The bonus price doesn’t practice to engaging companies and products, local trucking, and trash elimination.

Constructing and Hardware Affords

Constructing supplies and hardware affords desires to be purchased straight from a U.S. building fabric or hardware seller to qualify for the 50% level bonus per dollar spent.

Qualifying retailers include companies handle Builders FirstSource, Lowe’s, Northern Instrument, and Sherwin-Williams. Superstores handle Walmart and Purpose, and warehouse golf equipment handle BJ’s and Costco, are no longer included.

Redeeming Rewards

The Amex Exchange Platinum Card earns treasured Amex choices that may presumably presumably merely furthermore be redeemed many totally other ways.

Redeeming for Shuttle

You’ll generally derive essentially the most fee out of your choices whereas you switch them to Amex’s airline and hotel companions, handle Delta, Marriott, Air Canada Aeroplan, and British Airways.

In the event you’d make a selection on a extra functional capacity to expend your choices for toddle, you may presumably presumably presumably expend them to e book airfare, resorts, rental autos, and extra during the Amex Shuttle portal.

One abet phenomenal to the Amex Exchange Platinum Card may presumably presumably merely furthermore be very lucrative for award vacationers: Cardholders receive a 35% choices rebate when they redeem choices for first- or industry-class tickets, or on any fare with their chosen airline* through Amex Shuttle. This abet is capped at as much as 1 million choices again per calendar 12 months.

Amex choices are rate 1 cent apiece when aged to e book flights during the Amex portal, so this rebate successfully boosts their fee to 1.54 cents apiece.

*Amex Exchange Platinum Cardholders can designate an airline of different (from a transient checklist of Amex companions) for special advantages including a $200 annual credit rating toward incidental expenses. We’ll focus on this perk in additional detail below, nonetheless the 35% level rebate applies to all award flights booked on their chosen airline as successfully.

Non-Shuttle Redemptions

In the event you’re staying with regards to dwelling, you may presumably presumably presumably tranquil expend Amex Membership Rewards choices® for many forms of non-toddle redemptions, including:

• Assertion credit rating to quilt prices on your memoir (0.6 cents per level)
• Merchandise — pay at checkout with Amazon, Most interesting Purchase, Walmart, and totally different retailers (0.7 cents per level)
• Meals shipping with GrubHub and Seamless (0.7 cents per level)
• New York Metropolis taxi fare (1 cent per level)
• Charity donations (0.7 cents per level)
• Gift cards (variable fee per level, most much less than 1 cent per level)

Most of those alternatives don’t offer indispensable fee, especially bearing in mind about how indispensable Amex choices may presumably presumably merely furthermore be rate when redeemed for high class flights and sumptuous resorts. Nonetheless, there are instances when these redemptions may presumably presumably merely influence extra sense to your private wants.

Amex Exchange Platinum Advantages and Parts

The Amex Exchange Platinum Card is filled with treasured advantages that can support offset its annual price including commentary credit rating, buy protections, and perks to impress your toddle extra gleaming.

Listed below are a pair of of the card’s most important aspects:

Up to $400 in Dell Assertion Credit Every Calendar Year

Amex Exchange Platinum Card participants are eligible to be part of for as much as $400 in commentary credit rating toward U.S. Dell purchases each and each calendar 12 months after enrolling on this abet.

The abet is divided into two $200 credit rating: as much as $200 between January and June, and as much as $200 between July and December. Terms Be conscious.

Up to $200 in Annual Airline Incidental Price Credit

The Amex Exchange Platinum Card affords as much as $200 in airline incidental price credit rating after enrollment each and each calendar 12 months on an airline you make a selection from a transient checklist of Amex companion carriers. Terms Be conscious.

This airline price credit rating doesn’t quilt airfare itself. As a replacement, you may presumably presumably presumably expend it toward expenses handle checked catch expenses, seat decision, pet expenses, lounge day passes, and inflight foods and drinks.

Rapid tip: The user model of this card, The Platinum Card® from American Advise, also affords this $200 airline price credit rating after enrollment.

Up to $360 Per Year in Indeed Credit

If your little industry spends money on finding contemporary staff, the Indeed credit rating on the Amex Exchange Platinum Card can save you as much as $360 per 12 months after enrollment. Terms Be conscious.

Cardholders can receive as much as $90 per quarter in commentary credit rating toward all Indeed hiring and recruiting products and companies and products.

Up to $150 Per Year in Adobe Credit

The Amex Exchange Platinum Card affords as much as $150 per calendar 12 months in commentary credit rating toward pick Adobe purchases, including Adobe Inventive Cloud and Acrobat Pro DC. Enrollment is required and phrases practice.

$199 CLEAR® Credit

CLEAR® is an expedited safety screening program that can save you time waiting in line at pick U.S. airports and stadiums. A CLEAR® Plus membership generally prices $199 per 12 months, nonetheless whereas you pay with your Amex Exchange Platinum Card, you may presumably presumably presumably be part of to receive an announcement credit rating again toward the fee. Terms Be conscious.

The plot back is that CLEAR® screening is most effective in pick locations, so if the airports you toddle through don’t participate, this abet received’t be of indispensable expend to you. Nonetheless, the program can be available at a handful of stadiums, so whereas you’re a sports activities fan who likes to inspire stay video games, that is generally a upright deal.

Up to $120 Per Year in Wireless Credit

Amex Exchange Platinum Card cardholders may presumably presumably be part of to receive as much as $10 per month in commentary credit rating toward purchases constituted of any U.S. wi-fi cell phone provider (as much as $120 per calendar 12 months). Terms Be conscious.

Cellphone Security

Paying your month-to-month cell phone bill with the Amex Exchange Platinum Card will allow you to maximize your month-to-month wi-fi credit rating referenced above. There’s an additional abet: Must you exercise the card to pay your wi-fi bill, you’ll turn out to be eligible for the complimentary cell phone protection.

Cardholders can claim as much as $800 in repair or replacement prices (much less a $50 deductible per claim) if their coated cell phone is damaged or stolen. Terms Be conscious.

To be eligible for this abet, your cell phone quantity desires to be listed on your wi-fi bill, and your outdated month’s bill desires to be paid with the Amex Exchange Platinum Card. Furthermore, you hold got to file your claim inner 90 days of the incident. Cardholders are cramped to 2 authorized claims per rolling 12-month interval.

Airport Lounge Access

The Amex Exchange Platinum Card comes with access to the American Advise World Lounge Sequence — a pair of of essentially top-of-the-line airport lounge networks within the arena. Access is cramped to eligible Card Participants.

Cardholders can stir to:

Amex Centurion Lounges

The illustrious Amex Centurion Lounges offer complimentary cocktails, quality food created by award-winning chefs, and an upscale vibe. You’ll gather them in better than a dozen airports all the arrangement in which during the U.S., and totally different global locations including Hong Kong and London.

Delta Sky Golf equipment

Must you wing with Delta, you hold got 10 identical-day visits to bigger than 50 Delta Sky Club locations worldwide. Cardholders may presumably presumably furthermore release unlimited visits after spending $75,000 or extra in a calendar 12 months. These tasteful areas offer top price food, complimentary tranquil and alcoholic drinks, high-trip WiFi, and a tranquil build to work and serene down.

Precedence Plod

Amex Exchange Platinum Cardholders receive complimentary Precedence Plod Opt out membership after enrollment, that may presumably presumably merely come up with and as much as 2 guests access (enviornment to ability limits) to over 1,500 airport lounges worldwide. Precedence Plod lounges generally offer free snacks, drinks, newspapers and magazines, and Wi-Fi.

Enrollment is required to activate this abet, which you are going to full during the Amex online dashboard to your bank card memoir.

Other Lounge Networks

Cardholders also hold access to the next lounges:

• Plaza Top price Lounges
• Find away Lounges
• Lufthansa Lounges when flying identical-day with Lufthansa, SWISS, or Austrian Airways

Terms Be conscious.

Mid-Tier Resort Elite Sing With Hilton and Marriott

The Amex Exchange Platinum Card affords complimentary Gold Elite build for each and each Marriott Bonvoy and Hilton Honors. Whilst you be part of in these advantages, you’ll receive perks handle upgrades, slack checkout, and in Hilton’s case, free breakfast (currently supplied as a food and beverage credit rating). Terms Be conscious.

In the event you stick with either chain most continuously, it’s straightforward to derive a ton of fee from this complimentary build boost.

Up to $120 In the direction of World Entry or TSA PreCheck®

TSA PreCheck® and World Entry are huge time-savers for vacationers. As soon as authorized, TSA PreCheck® participants can expend faster airport safety lanes, and likewise you received’t hold to put off shoes and light-weight coats or put off your notebook computer out of your catch. With World Entry, you may presumably presumably presumably expend a recent lane whereas you return to the U.S. from in but any other country for faster immigration and customs clearance.

Enrolling in World Entry is, by far, the easier formula for vacationers — because whereas you hold got World Entry, you furthermore mght derive TSA PreCheck® advantages.

American Advise will present an announcement credit rating of as much as $120 for World Entry application expenses each and each four years, or four and a half of years for a TSA PreCheck® five-12 months membership — whichever you pay first. Terms Be conscious.

Amex Swish Hotels & Hotels and The Resort Sequence

Amex Exchange Platinum Cardholders can access the Amex Swish Hotels & Hotels program through Amex Shuttle. These luxurious properties offer perks including room upgrades, free breakfast, slack checkout, free WiFi, and a recent amenity at each and each hotel corresponding to a $100 property credit rating to expend at spas or restaurants. Terms Be conscious.

Cardholders may presumably presumably furthermore e book upscale properties through The Resort Sequence and receive advantages that include property credit rating and room upgrades. Must you e book a minimum two-night stick with The Resort Sequence through Amex Shuttle, you’ll receive a $100 credit rating to expend for the duration of your shield in opposition to eligible prices. When available, you’ll also derive noon take a look at-in, slack take a look at-out, and a room upgrade upon arrival.

Automobile Rental Insurance protection

The Amex Exchange Platinum Card affords secondary rental automobile insurance protection whereas you exercise the card to pay to your rental in paunchy and decline the rental firm’s collision fret waiver. Terms Be conscious.

Protection is for theft or fret most effective (no longer liability). Some rentals, automobile forms, and countries corresponding to Italy, Australia, and New Zealand are excluded, so influence positive to read the comely print sooner than you toddle.

Outing Cancellation and Interruption Insurance protection

In the event you buy a spherical-time out fully with the Amex Exchange Platinum Card, and your travels are canceled or sever immediate for a coated cause, you may presumably presumably presumably very successfully be reimbursed for non-refundable expenses: as much as $10,000 per time out and as much as $20,000 per card per consecutive 12-month interval. Terms Be conscious.

Baggage Insurance protection

Must you pay for a coated time out with your Amex Exchange Platinum Card, you is likely to be eligible for baggage loss or fret protection, as much as $2,000 per particular person for checked baggage and as much as $3,000 per particular person for raise-on baggage.

There are exclusions for high-probability items, and some states corresponding to New York hold totally different protection limits, so take a look at the phrases and stipulations for explicit indispensable choices.

Outing Extend Insurance protection

That it’s likely you’ll derive reimbursed as much as $500 for meals, lodging, toiletries, treatment, and totally different private items whereas you’ve paid for a coated time out with your Amex Exchange Platinum Card and it’s delayed by six hours or extra, as much as 2 instances per consecutive 12-month interval. Terms Be conscious.

This abet is primarily generous, since many lesser credit rating cards most effective offer time out extend advantages after you’ve been delayed for 12 hours or extra.

Return Security

In the event to rating an eligible item with the Amex Exchange Platinum Card and the provider provider received’t settle to your return, you may presumably presumably presumably merely derive a refund of the paunchy buy tag (other than for shipping and handling), as much as $300 per item and a maximum of $1,000 per calendar 12 months. Terms Be conscious.

Acquire Security

Must you pay for an eligible item with the Amex Exchange Platinum Card, you may presumably presumably presumably merely furthermore be coated for loss or fret as much as 90 days from the date of buy, as much as a maximum of $10,000 per incidence and $50,000 per 12 months. Terms Be conscious.

Extended Guarantee

Cardholders may presumably presumably furthermore derive an prolonged guarantee on eligible items when they expend their Amex Exchange Platinum Card to pay — as much as one extra 12 months added to eligible U.S. manufacturer’s warranties of 5 years or much less. Exclusions and stipulations practice, so influence positive to read the comely print.

Top price World Aid Hotline

The Amex Exchange Platinum Card comes with an underrated perk that may presumably presumably merely furthermore be a lifesaver whereas you hold got an emergency at any time while you’re better than 100 miles away from dwelling. Cardholders derive access to Amex’s Top price World Aid Hotline, which is prepared to support location up things handle passport replacement, medical referrals, and translation companies and products. Terms Be conscious.

The provider itself is complimentary, nonetheless you is likely to be accountable for any third-birthday party prices. One gargantuan incompatibility from the humble (versus top price) World Aid Hotline is emergency medical evacuation protection — Amex may presumably presumably merely present emergency medical transportation assistance at no cost if it’s authorized and coordinated by Top price World Aid Hotline.

Amex Offers

Treasure totally different American Advise cards, the Amex Exchange Platinum Card entails focused reductions and bonus rewards at collaborating retailers through Amex Offers.

Many of those affords are geared toward little-industry spending and may presumably save you a ton of money whereas you activate an offer and influence a qualifying buy. Enrollment is required and phrases practice.

Amex Exchange Platinum Fees

Annual Price

The Amex Exchange Platinum Card has a hefty $695 annual price, so you’ll are looking out for to impress positive you may presumably presumably presumably rob abet of its money-saving advantages sooner than you practice (rates and expenses).

That it’s likely you’ll successfully offset the as soon as a 12 months fee upright by maximizing the credit rating for Dell, airline incidental price, and month-to-month wi-fi bills. Beyond that, totally different credit rating and perks handle airport lounge access and hotel elite build may presumably presumably merely furthermore be rate tons of of bucks yearly whereas you exercise them.

Other Fees and Charges

You received’t pay foreign transaction expenses with the Amex Exchange Platinum Card, which is prepared to translate into gargantuan financial savings in case your industry most continuously makes global purchases or whereas you toddle in but any other country (rates and expenses).

Treasure most cards, you’ll pay expenses for slack and returned funds.

With The Exchange Platinum Card® from American Advise, you’re required to pay your balance in paunchy every month. Nonetheless, the card affords a Pay Over Time possibility which permits you to retain a balance, with hobby, on eligible purchases.

Amex Exchange Platinum Picks

When evaluating the Amex Exchange Platinum Card, compare it to totally different industry rewards cards that provide exact welcome bonuses and spending courses.

Looking on your conventional industry expenses and need for high class perks, cards handle the American Advise® Exchange Gold Card or the Ink Exchange Most in vogue® Credit Card is generally a better match to your funds or place of job habits. Or whereas you fee airport lounges nonetheless are looking out for to pay much less per 12 months for access, the Capital One Mission X Exchange Card

also affords this abet for nearly half of the fee in annual expenses.

The Exchange Platinum Card® from American Advise vs. American Advise® Exchange Gold Card

Amex Exchange Platinum Card isn’t essentially top-of-the-line top price industry card from Amex. There’s also the mid-tier American Advise® Exchange Gold Card, with an annual price that’s several hundred bucks lower.

The Amex Exchange Gold Card has a welcome bonus of 100,000 Membership Rewards® choices after you exercise $15,000 on eligible purchases with the card inner the first three months of card membership. The card also earns bonus rewards another way than the Amex Exchange Platinum Card.

While the American Advise® Exchange Gold Card has a lower annual price of $375 (rates and expenses) when in contrast to that of the Amex Exchange Platinum Card, it’s also lacking quite loads of the highest price card’s advantages corresponding to complimentary hotel elite build, airport lounge access, and totally different annual commentary credit rating.

The American Advise® Exchange Gold Card may presumably presumably be a upright match for you whereas you’re funds-conscious about annual expenses, don’t toddle generally, and your industry doesn’t influence essentially the most of products or companies and products from Dell, Adobe, and Indeed. In the event you wing even a pair of instances a 12 months for work, or can expend most or all of the Amex Exchange Platinum Card’s annual credit rating, you are going to arrive out forward by selecting the highest price model.

Be taught our Amex Exchange Gold card overview.

The Exchange Platinum Card® from American Advise vs. Ink Exchange Most in vogue® Credit Card

The Ink Exchange Most in vogue® Credit Card from Trek is our overall pick for essentially top-of-the-line little industry bank card, and it’s far generally a upright different whereas you don’t are looking out for to pay the steep annual price on the Amex Exchange Platinum Card.

The Ink Exchange Most in vogue Card has an annual price of upright $95. And whereas it doesn’t offer as many top price advantages, you may presumably presumably presumably influence a significant different of choices on industry purchases. Cardholders also derive to rob abet of cell phone insurance protection, which is a rare and treasured rob pleasure in a card with this kind of low annual price.

The Ink Exchange Most in vogue Card earns 3 choices per dollar on toddle, shipping, promoting expenses, web, cable, and cell phone companies and products on the first $150,000 in combined purchases spent each and each memoir anniversary 12 months (then 1 level).

The card also comes with a welcome bonus of 90,000 bonus choices after spending $8,000 on purchases within the first three months from memoir opening.

In the event you’re shopping for a customary industry card to your firm, you may presumably presumably presumably’t stir nefarious with the Ink Exchange Most in vogue Card. Best likely derive the Amex Exchange Platinum Card whereas you may presumably presumably presumably expend most or all of the annual commentary credit rating, or fee airport lounge access and hotel elite build highly sufficient to pay several hundred bucks a 12 months for these advantages.

Be taught our Trek Ink Exchange Most in vogue card overview.

The Exchange Platinum Card® from American Advise vs. Capital One Mission X Exchange Card

The Mission X Exchange Card is a relative newcomer on the highest price industry bank card scene, with an annual price of $395 — upright barely better than that of the Amex Exchange Gold Card and several other hundred bucks lower than that of the Amex Exchange Platinum Card.

Nonetheless lower fee doesn’t equal lesser fee, especially whereas you’re a industry owner who doesn’t need the firm-explicit commentary credit rating supplied on the Amex Exchange Platinum Card.

The Mission X Exchange Card is filled with straightforward-to-expend advantages corresponding to a $300 annual commentary credit rating toward toddle booked through Capital One Shuttle. This credit rating broadly applies to totally different expenses, from flights to resorts, rental autos, and extra.

The card also affords the identical complimentary Precedence Plod Opt out membership you’ll gather on the Amex Exchange Platinum Card (enrollment required for each and each cards), plus access to Capital One’s increasing community of Capital One Lounges. These lounges are rather contemporary, and there are fewer locations than Centurion Lounges, nonetheless they also offer top price food and beverages and thoughtfully designed areas to serene down sooner than flying.

In the event you may presumably presumably presumably handle airport lounge access nonetheless aren’t tied to Amex rewards or Dell, Adobe, and Indeed, the Mission X Exchange Card may presumably presumably merely meet your total wants without requiring as indispensable of a monetary investment because the Amex Exchange Platinum Card.

Be taught our Capital One Mission X Exchange card overview.

Amex Exchange Platinum Cardholder Insights

As well to to compiling our expert analysis on this card, we skimmed online boards corresponding to Reddit and Facebook to gaze what day after day cardholders mediate the Amex Exchange Platinum Card.

Cardholders are torn on this card, with two exact camps each and each for and in opposition to.

These in make a selection on of the Amex Exchange Platinum Card emphasize its 35% choices rebate on flights booked utilizing Pay with Capabilities, as well to the 50% bonus earnings on ravishing transactions and pick industry purchases. And those who toddle most continuously bid the praises of the Amex World Lounge Sequence’s airport community.

Nonetheless, cardholders who don’t stay with regards to airports with Amex-accessible lounges discovered far much less fee from this costly card. Others discovered that different credit rating cards and rewards supplied extra flexibility and better fee when redeeming choices during the respective issuers’ toddle portals.

At best, some accused Amex of turning the highest price card into a “coupon e book” of advantages that sound generous when summarized, nonetheless require month-to-month or periodic consideration. Examples include the wi-fi credit rating of as much as $120, doled out in month-to-month increments of as much as $10, or the Indeed credit rating of as much as $360, which maxes out at $90 per quarter on qualifying purchases.

Amex Exchange Platinum Regularly Asked Questions

Why You Must tranquil Have confidence Us: How We Reviewed This Card

We bearing in mind about the next factors when reviewing the Amex Exchange Platinum Card:

• Ease of expend — Does the card hold a rewards program and advantages which can per chance presumably presumably be straightforward to expend and navigate? Is it straightforward to redeem rewards?
• Rewards earning — If there’s a welcome bonus, is it competitive with totally different cards? Are there ongoing bonus courses, and are any capped at a maximum spending quantity?
• Advantages — Are the card’s advantages functional, especially to industry householders, and enact they interpret the card’s annual price if there is one?
• Annual price — If the card has an annual price, is it offset by the fee of the rewards and perks it affords?

Here’s Exchange Insider’s handbook to how we price credit rating cards for extra indispensable choices about our methodology.