Booking Flights? You'll Want This Card in Your Wallet
Over the past year, the Chase Sapphire Reserve card has shaken up the credit card industry. Its policy of giving three Ultimate Rewards points per dollar on travel purchases has proven so popular that many competing card companies are scrambling to sweeten their deals. But one card, the American Express Platinum Card, stands out among the rest with an awesome bonus for flight spending.
The American Express Platinum Card is now offering cardholders five Membership Rewards points per dollar on all flight purchases made directly with the airline. That's an almost 10 percent return on purchases! Previously, the card offered only one point per dollar on all purchases, so this is a big change. While you only earn this bonus if you book directly with Amex Travel or the airline in question, I still recommend always price checking with Google Flights.
Membership Rewards points are pretty valuable, because they can be transferred to a varied list of partners, including British Airways, Delta, Emirates, Etihad, Singapore, and Virgin America. Many are 1:1 transfer ratios, but some aren't, so be sure to check before transferring. Additionally, some partners give transfer bonuses that increase your ratio, so be on the lookout for those.
One of my favorite benefits of being an American Express Platinum cardholder is the fact that I get access to Delta SkyClubs when flying Delta, and entry into Amex's exclusive Centurion Lounges. These Amex-only lounges are the best domestic lounges in the business: they have free custom cocktails, a large hot-entree buffet designed by celebrity chefs, and some locations even offer free massages! Other travel benefits include rental car coverage, purchase protection, and delayed travel insurance.
Of course, we can't talk about the America Express Platinum Card without mentioning its hefty annual fee, which is $450. While this is a big expense, the benefits of membership are well worth it. If you want to learn more about why we so enthusiastically recommend this card, check out these recent articles:
- 2 Credit Cards that Extend Benefits to Authorized Users
- 9 Reasons to Get an American Express Platinum Card and Never User it!