American Express · personal · american express
American Express Platinum for Schwab
The standard $895 Platinum plus one killer trick: cash out Membership Rewards into your Schwab brokerage at 1.1¢ each (up to 1M/yr) — a rare hard floor on point value. Worth it only if you bank with Schwab and will use the lounges/credits; otherwise it's the same coupon book as the regular Platinum.
Current public offer
150,000 Membership Rewards points (offer ends 7/8/26) after $12,000 spend in 6 months — as of 2026-07-01 · source
Fees & fine print
- Annual fee: $895 (Increased from $695 in the 2025 refresh; requires an eligible Schwab brokerage account)
- Suggested credit: Excellent (720+)
- No foreign transaction fee ✓
Earning
- 5x flights booked direct or via AmexTravel (to $500k/yr) & prepaid hotels via AmexTravel
- 1x everything else
Transfer partners
Delta · British Airways · ANA · Air Canada · Flying Blue · Emirates · Hawaiian · JetBlue · Singapore · Virgin Atlantic · Hilton · Marriott · Choice
Informational only — not financial advice. Offers change; verify all terms with the issuer before applying.