Difference between Amex Gold and Platinum
The American Express Gold and Platinum cards are two of the most popular credit cards in the market, offering a range of benefits and rewards to their cardholders. While both cards have their unique features, there are several key differences that set them apart. In this article, we will explore the differences between the Amex Gold and Platinum cards to help you make an informed decision when choosing the right card for your needs.
1. Annual Fee and introductory offer
One of the first differences between the Amex Gold and Platinum cards is the annual fee. The Amex Gold card has an annual fee of $250, which is often waived for the first year. On the other hand, the Amex Platinum card has a higher annual fee of $550, but it also offers a $200 annual statement credit for flights booked directly with airlines or through American Express Travel. This means that the Platinum card can potentially offset its higher annual fee through this statement credit.
2. Welcome offer
Both cards offer a welcome offer to new cardholders. The Amex Gold card provides a welcome offer of 50,000 Membership Rewards points after spending $4,000 in the first six months of card membership. The Amex Platinum card, on the other hand, offers a welcome offer of 80,000 Membership Rewards points after spending $5,000 in the first six months of card membership. This means that the Platinum card offers a higher welcome offer, which can be a significant benefit for those looking to maximize their rewards.
3. Airline and hotel benefits
The Amex Platinum card offers more extensive airline and hotel benefits compared to the Amex Gold card. For example, the Platinum card provides a $200 annual air travel credit, which can be used for flights booked directly with airlines or through American Express Travel. Additionally, the Platinum card offers a $100 credit for Global Entry or TSA PreCheck application fees. The Gold card does not offer these specific benefits but does provide a $100 annual airline fee credit.
4. Lounge access
Another significant difference between the two cards is lounge access. The Amex Platinum card offers access to over 1,200 airport lounges worldwide through the American Express Global Lounge Collection. This includes access to Delta Sky Clubs, American Airlines Admirals Club, and many other lounges. The Amex Gold card does not offer this level of lounge access, although it does provide access to certain lounges through Priority Pass Select.
5. Cardholder benefits
Both cards offer a range of cardholder benefits, such as extended warranties, return protection, and purchase protection. However, the Amex Platinum card provides additional benefits, such as a $100 credit for eligible car rental reservations and a $75 credit for Global Entry or TSA PreCheck application fees. The Gold card does not offer these specific benefits.
In conclusion, the Amex Gold and Platinum cards offer a range of benefits and rewards, but there are several key differences between them. The annual fee, welcome offer, airline and hotel benefits, lounge access, and cardholder benefits are some of the factors to consider when choosing between the two cards. Ultimately, the right card for you will depend on your spending habits, travel needs, and personal preferences.
