American Categorical not long ago elevated the yearly cost for its Platinum journey rewards card from $550 to a whopping $695. It is an eye-opening quantity for absolutely sure, but it might basically be worth it—provided you choose benefit of the generous statement credits that can effortlessly negate the cost. Here’s a glimpse at the credits and benefits the card gives, and how to determine out if they’ll perform for you.

Amex Platinum is ideal for major travel spenders

The rewards and benefits this card offers are only worthwhile if you by now shell out a large amount of dollars on journey-linked fees and will appreciate benefits that make you feel like a huge shot when touring. If the extent of your once-a-year journey is just one domestic flight for the holidays, the card is not for you. In terms of reward multipliers,