Reviewed by Jen, founder of MoneyMint · Updated September 25, 2026
American Express Platinum Card
Our take: strongest for dining and travel — about 3.4% back in value (est.) for $799 a year, plus a welcome bonus we value at roughly $1,700.
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The American Express Platinum Card is Amex Canada’s flagship charge card, built around airport lounge access, an extensive insurance suite, and elevated travel perks for a $799 annual fee. Its $200 travel credit, $200 dining credit, and Global Lounge Collection access can be worth well more than the fee for frequent travelers who use them every year. For anyone who travels rarely or won’t use the included credits, that same $799 fee is hard to justify.
MoneyMint rating
#4 of 10 premium travel cards · How we rate
≈ $1,258
estimated first-year value after the annual fee, on a typical $2,050/month budget. Points are converted to dollars using MoneyMint’s own valuations — see our points value calculator for how each program is valued. See it for your spending →
Not Sure? Three Cards People Compare It With
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WestJet RBC World Elite Mastercard for Business
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CIBC Aventura Visa Infinite Privilege Card
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Further Reading
American Express Platinum Card
Best for dining and travel · $799/year · ~$1,700 welcome bonus (est.)
This is general information, not personalized financial advice — consider your own spending habits and consult a professional for decisions specific to your situation. Rates, fees, and offers are set by American Express and can change without notice; always confirm current terms on the issuer’s official page before applying.
Frequently Asked Questions
What is the annual fee for the American Express Platinum Card?
The American Express Platinum Card has an annual fee of $799 CAD per year. Supplementary cards: $250/year for each additional Platinum Card; first two additional Gold Cards are free, then $50/year each after that.
What is the rewards rate on the American Express Platinum Card?
The American Express Platinum Card offers: 2X Membership Rewards points on dining and food delivery in Canada; 2X on travel; 1X on everything else. An additional +1 point (roughly 3X total) applies to eligible hotel and car rental bookings made through Amex Travel Online. Points redeem at a rate of 1,000 points = $10 statement credit.
Does the American Express Platinum Card have a welcome bonus?
Up to 100,000 Membership Rewards points combined: 70,000 points after $10,000 in purchases within the first 3 months of cardmembership, plus 30,000 more points for one purchase made between months 15 and 17 of cardmembership. Current or former Platinum Cardmembers are not eligible. Verified on Amex’s official page Sept 10, 2026; Amex does not publish a fixed expiry date and offers can change at any time, so confirm before applying.
What credit score do I need to qualify for the American Express Platinum Card?
Generally, you’ll want an excellent credit score to be considered for the American Express Platinum Card. Approval also depends on income and overall credit history, not credit score alone.
Does the American Express Platinum Card charge foreign transaction fees?
not publicly disclosed — confirm directly with Amex before travel