American Express Platinum Card
American Express travel card with a $799 annual fee. Earns 2x on dining and food delivery in Canada, 2x on travel, 1x on everything else.
Terms read from American Express's page on October 16, 2026. Rates and terms are set by the issuer and may change. We don't estimate approval odds.
Fees and rates
- Annual fee
- $799
- Additional card
- $250
- Foreign transaction fee
- Not stated
Rewards
- 2x on dining and food delivery in Canada
- 2x on travel
- 1x on everything else
Earns American Express Membership Rewards (Canada), valued at 1 cents as cash, 1 through the issuer's travel booking and 2.2 with transfer partners.
Credits, as counted
- Annual travel credit: $200 a year80% used
Perks, not valued
- American Express Global Lounge Collection
Not confirmed
- Foreign transaction fee isn't on the card page.
Worked examples
Value on each spending preset, points redeemed as cash, typical use of credits.
| Spending | Year 1 | Year 2+ | 3 years | Break-even |
|---|---|---|---|---|
| Student | −$499 | −$499 | −$1,198 | Never |
| Family | $541 | −$159 | $523 | Month 3 |
| Frequent traveller | $719 | $19 | $1,056 | Month 3 |
Frequently asked questions
Is the American Express Platinum Card worth it?
On a family's spending it's worth $541 in year 1 but −$159 a year after that: its rewards and credits don't cover the fee once the welcome bonus is gone, unless you spend more in its bonus categories or use more of its credits.
What is the American Express Platinum Card welcome bonus?
70,000 points after $10,000 in purchases in the first 3 months. Plus 30,000 points for a purchase in months 15 to 17.
Does the American Express Platinum Card charge foreign transaction fees?
The issuer's page doesn't state its foreign transaction fee, so check the full terms before travelling.
What isn't counted in its value?
A charge card: the balance is due in full each month.
Sources
Estimates for information only; not tax, legal or financial advice. See our methodology.