American Express Canada
The Platinum Card
Welcome Bonus
Earn up to 100,000 Membership Rewards points
points luxury-travel premium lounge-access travel-credits points-enthusiasts
Annual Fee
$799
We may earn a commission when you are approved for this card. This does not influence our ratings.
Quick Stats
Annual Fee
$799
Purchase APR
21.99%
FX Fee
2.5%
Card Type
amex
Rewards & Earning Rates
| Spending Category | Earn Rate |
|---|---|
| Travel booked through American Express Travel | 2 Membership Rewards points per $1 |
| All other purchases | 1 Membership Rewards point per $1 |
Welcome Bonus Details
Earn up to 100,000 Membership Rewards points (up to $1,000 in value). Earn 10,000 points after your first purchase; earn an additional 90,000 points after you spend $6,000 in your first 3 months.
Fees & Interest Rates
| Annual Fee | $799.00 |
| Additional Card Fee | $250.00 |
| Purchase Interest Rate | 21.99% |
| Cash Advance Interest Rate | 21.99% |
| Foreign Transaction Fee | 2.5% |
Pros & Cons
Pros
- Up to 100,000 Membership Rewards points welcome bonus
- $200 annual travel credit (reduces effective fee to $599)
- $200 annual dining credit
- Unlimited airport lounge access (Priority Pass, Plaza Premium, Centurion)
- $100 NEXUS fee credit
- No pre-set spending limit
- Comprehensive luxury travel benefits and insurance
Cons
- Very high $799 annual fee
- $250 for each additional Platinum Card
- 2.5% foreign transaction fee
- Limited acceptance (Amex not as widely accepted)
- Points less valuable without transfer partners
- Must use credits to justify annual fee
- Lower base earn rate compared to category cards
Eligibility Requirements
Excellent credit required; best for luxury travelers and high spenders; no income requirement but typically $100,000+ expected
Recommended Credit Score: 720+
Categories
Similar Cards You Might Like
President's Choice Bank
PC World Elite Mastercard
No Fee
Annual Fee $0
Welcome Bonus
$20
Type points
American Express Canada
American Express Cobalt Card
Annual Fee $192
Welcome Bonus
$375
Type points