Wednesday, February 1, 2023

Can You Have Both Amex Gold And Platinum

Don't Miss

Hotel Program Benefits Amex Platinum Card

American Express Platinum and Gold: Should You Get both?

The Amex Platinum card offers a wide range of hotel program benefits including elite status, on-site property amenities, and elevated service.

As a cardholder, youll enjoy the following hotel benefits with the Amex Platinum card:

Gold elite members receive upgraded rooms, free Wi-Fi, complimentary breakfast, and earn 18 Hilton Honors points per dollar spent at Hilton properties.

$200 Prepaid Hotel Credit

Card holders enjoy up to a $200 credit each year when booking The Hotel Collection or Fine Hotels and Resorts via Amex Travel.

Cardholders who stay a minimum of 2 nights receive the following benefits:

  • Room upgrade, subject to availability
  • Breakfast each day for 2
  • Early check-in and late checkout
  • Complimentary Wi-Fi
  • An amenity valued at $100

The Hotel Collection

Book your prepaid stay of 2 nights or more and receive a $100 credit towards an on-site qualifying dining, spa, or resort activity. Youll also earn 5x Membership Rewards on your booking.

Which Amex Platinum Hotel Status Is More Valuable

Personally I think Hilton Honors Gold status is significantly more valuable than Marriott Bonvoy Gold status. Why? Hilton status gets you breakfast, lounge access, or a hotel credit, which Id consider to be among the most valuable perks of elite status.

That being said, ultimately either status can come in handy, if you find yourself staying at a hotel belonging to either Hilton or Marriott. Some status is better than none.

Can You Have The Amex Gold And Amex Platinum At The Same Time

Yes, you can you carry both the American Express® Gold Card and The Platinum Card® from American Express at the same time. You can even add the American Express® Green Card into the mix if it strikes your fancy Amex allows cardholders to carry up to 10 different former charge cards at once, and it issues fewer than ten of these, which means you can have one of each in your name.

For rates and fees of the American Express® Gold Card, please click here.

For rates and fees of The Platinum Card® from American Express, please click here.

For rates and fees of the Blue Cash Preferred® Card from American Express, please click here.

Don’t Miss: How Can I Pay My Macy’s Credit Card Bill

Airline Program Benefits Centurion Card

Delta Platinum Medallion Elite Status

The Centurion card comes with Delta Platinum Medallion Elite status which delivers a long list of benefits. Youd normally have to fly 75,000 miles each calendar year and spend $9,000 on Delta tickets to achieve Platinum status.

Here are some of the benefits Delta Platinum Medallion elites can expect to receive:

  • Unlimited complimentary upgrades
  • Choice Benefits select from a list of regional upgrades, shopping certificates, gift Medallion status, or choose 20,000 SkyMiles
  • Earn bonus miles on flights
  • Waived fees for checked bags and ticket changes
  • Discounted CLEAR membership
  • Priority boarding, security, and baggage
  • Dedicated phone line

Centurion International Arrival Services

Youll be greeted by a personal guide who will expedite you through customs and immigration when you travel internationally in first or business class.

Live The Platinum Lifestyle

Amex Platinum vs. Amex Gold: Which is best?

With a wide variety of benefits to fit every lifestyle, youre sure to find some ways to upgrade your life with what The Platinum Card provides. Start with a $20 per month credit for purchases or subscriptions with Audible, The New York Times, SirusXM and Peacock after you enroll.

Add in $200 per year in Uber Cash good for U.S. Rides and Eats , $100 in Saks Fifth Avenue credits , and $25 per month in credits for select Equinox memberships or a digital subscription to Equinox+ when you pay with your card. Each of these benefits requires enrollment.

To top it off in style, you will also have access to up to 40% off of a membership for the Premium Private Jet Program with Wheels Up and up to $2,000 in initial flight year credits for when you need to book a private charter flight or two.

Also Check: How Do I Check My Cabela’s Credit Card Balance

Amex Gold Vs Amex Platinum: At A Glance

  • The Platinum Card from American Express offers a range of superior benefits like up to $200 in annual statement credits toward select hotels, airport lounge access, and a Global Entry or TSA Precheck credit. Enrollment in each program is required to take advantage of these benefits. There are no foreign transaction fees, however, the $695 annual fee can sting a bit. Terms apply.
  • The American Express Gold Card includes no foreign transaction fees and offers a smaller selection of benefits with a lower, more reasonable $250 annual fee. Terms apply.
  • Before you choose between these two cards, make sure to consider how youll use their respective credits and how much youll earn in rewards over time.

What Do You Earn Per 1 Spent On The Cards

Both cards earn 1 Membership Rewards point per £1 spent.

Amex Gold has three special bonuses, however:

  • Foreign currency transactions earn 2 points per £1
  • Airline transactions earn 2 points per £1
  • You receive a bonus of 10,000 points when you spend £15,000 in a card year

What is best way to spend Membership Rewards points? As it turns out, I wrote this lengthy article on how to best redeem Membership Rewards points.

Recommended Reading: Does Td Bank Have Visa Gift Cards

Enjoy Premium Lounge Perks

In exchange for an annual fee of $695 , no other credit card will give you access to as many premium airport lounges as the American Express Platinum card. Owning the card will grant you entry to the exclusive Centurion Lounges and the newly rebranded Centurion Studios. These lounges are reserved just for cardholders of the Platinum, The Business Platinum Card® from American Express and the even more exclusive invitation-only Centurion® Card from American Express*.

Youll also get access to Delta Sky Club lounges when flying same-day on Delta Priority Pass Select lounges and more. If you want your airport hang time to be more comfortable and theres an airport lounge of nearly any brand, this card has you covered.

Unique Amex Business Platinum Benefits

AMEX Platinum vs. Gold Card: Which Card is Best for You?

The Amex Business Platinum has a few unique perks that make it a worthwhile option when it comes to benefits:

  • A 35% points rebate when you redeem your Membership Rewards points to book any first- or business-class flight or any class of flight with your designated airline when booking through amextravel.com. Rebate is capped at 500,000 points back per calendar year.

Through Dec. 31, 2020, you can earn the following statement credits each month:

  • Up to $320 in statement credits on wireless telephone services purchased directly from U.S. service providers and U.S. purchases for shipping from May through December 2020
  • Up to $200 in additional statement credits for U.S. purchases with Dell: $100 in additional statement credits from May 1 through June 30, 2020, and up to $100 in additional statement credits between July 1 and Dec. 31, 2020.

Unique Amex Gold benefits

The Amex Gold has a much shorter list of benefits, but they still add a ton of value to the card. Cardholders can enjoy up to $220 in annual statement credits, including:

Recommended Reading: How Do I Apply For A Best Buy Credit Card

Can You Upgrade Your Amex Gold Card To The American Express Platinum Card

Its possible to upgrade American Express cards in some cases, but only from certain cards to certain other cards. Former charge cards, like the American Express® Gold Card and The Platinum Card® from American Express , can only be upgraded or downgraded to other former charge cards. And typical credit cards, like the Blue Cash Preferred® Card from American Express , can only be upgraded and downgraded among themselves. You cant, for example, upgrade from a former charge card to a regular credit card, or vice versa.

If you want to upgrade from Amex Gold to Platinum, you should be eligible to do so after one year. And if you decide you dont get enough value out of the Platinum to offset its rather large annual fee, then you can downgrade, too.

Before diving right into a card upgrade, call the number on the back of your card to ask if Amex is offering an upgrade bonus. Compare that bonus to what youd earn if you applied for the card outright, and then decide which is the right move.

Does It Make Sense To Have The Amex Gold And Platinum

Having both the Amex Gold and Amex Platinum can make sense if you use both cards enough to offset the annual fees.

You can use the American Express® Gold Card for its dining credits and 4x purchase rewards on dining and supermarket purchases. Then, you can use The Platinum Card® from American Express for travel bookings to earn 5x Membership Rewards along with the various travel credits and elite traveler benefits.

Also Check: Searcredit Card

Earn A Simple Flat Rate On All Of Your Spending

Using the Amex Platinum and the Amex Gold does require a bit more mental energy than a card that earns the same flat rate on every purchase. If you feel like its more hassle than its worth to remember which card to use when, consider a card like the Citi® Double Cash Card, which has no annual fee and earns a net 2% cash back on every purchase you make1% when you make a purchase and another 1% when you pay your bill.

American Express Gold Card Details

Choose 1: Amex Gold Vs Platinum Ultimate Showdown
  • $250 annual fee
  • Welcome Bonus: Earn a 60,000 points after spending $4,000 on your card within six months of account opening
  • Earn 4x points on restaurant purchases , 3x points on flights booked with airlines or on AmexTravel.com, and 1x points on all other purchases
  • Earn 4x points on up to $25,000 in U.S. supermarket purchases
  • Earn up to $120 annually in Uber Cash to use toward Uber rides and Uber Eats orders when you use these services with your card
  • Earn up to $120 in annual statement credits when you use your card toward purchases at GrubHub, Seamless, Boxed.com, The Cheesecake Factory, Ruths Chris Steakhouse, and participating Shake Shack locations
  • Get up to $100 off and a room upgrade on reservations made with The Hotel Collection from Amex
  • No foreign transaction fees
  • Learn how to apply

The American Express Gold Card is slightly easier to stomach thanks to its $250 annual fee. You also can choose between the Gold and Rose Gold, if that is something that interests you.

With that said, youll receive a smaller welcome bonus and lower earning rates with the Gold Card. Youll also get a different set of statement credits with this card, including the dining credit .

Overall, the American Express Gold Card is a solid option to consider if:

Learn how to apply | Read Amex Gold Card review

Also Check: Does Best Buy Credit Card Affect Credit Score

How To Upgrade Your Amex Gold Card

Requesting an upgrade with your Amex Gold card is a very straightforward process, and you have 2 options for doing so. The first is by calling the customer service number on the back of your Amex Gold card and telling the representative that youd like to upgrade to the Amex Platinum card. Your second option is to use the chat feature on the American Express website, though be advised that they might still ask you to call the customer service line to finalize the upgrade.

Hilton Honors American Express Aspire Card

Great for: Frequent Hilton guests

The Hilton Honors American Express Aspire Card is the card for anyone who stays with Hilton on the regular. While it has a big annual fee, it comes with complimentary Diamond elite status with enrollment , as well as property and airline credits. Cardholders also earn double-digit rewards on Hilton purchases, and a high rewards rate on select travel and dining purchases.

Read the full Hilton Honors American Express Aspire Card review

You May Like: My Best Buy Credit Card Vs My Best Buy Visa

Which Card Is Best For You

If you cant choose between the American Express Gold Card and the Platinum Card, its important to keep your spending habits in mind as you decide on a new card.

The Platinum Card from American Express likely makes the most sense for frequent travelers. If you fly or stay at hotels several times a year, it might be one of the best travel credit card options. You can take full advantage of all the offered credits, helping to offset the hefty $695 annual fee. But if you travel only occasionally, you wont be able to enjoy the full value of those credits, possibly making the extra cost not worthwhile.

If youre looking for more of a general rewards card rather than a travel rewards card, the American Express Gold Card may be a better choice. Youll earn more points on everyday expenses, such as grocery store purchases. With a lower fee, you could more quickly recoup your costs and enjoy your rewards.

Best Luxury Travel Benefits

Benefits

  • Earn 100,000 Membership Rewards points after spending $6,000 in the first 6 months
  • 10X points at restaurants worldwide and when you Shop Small in the U.S.
  • 5X points on eligible flights and hotels
  • $200 hotel credit, $240 digital entertainment credit, $200 in Uber Cash, $300 Equinox credit, $200 airline fee credit
  • Access to Centurion and Priority Pass airport lounges
  • Select benefits require enrollment.
  • $695 annual fee. Terms apply.

Drawbacks

Amex Gold Perks And Credits

If you have the American Express Platinum or Gold, you NEED THIS!

The Amex Gold is one of the best-looking cards on the market, especially if you get the Rose Gold metal version. Granted, it has a much shorter list of benefits than the Amex Platinum. But, the Amex Golds perks still add a ton of value to the card.

First off, cardholders can enjoy up to $240 in annual statement credits, including:

  • Up to $120 in annual Uber Cash Up to $10 in Uber Cash each month once you add your card to your Uber app. Enrollment required.
  • Up to $120 in annual dining credits Up to $10 a month at the following merchants: Grubhub, Seamless, The Cheesecake Factory, Ruths Chris Steak House, Boxed and participating Shake Shack locations. Enrollment required.

If youre capable of maxing out these benefits, this will leave you with an out-of-pocket cost of just $10 a year after considering the cards $250 annual fee . Thats not even counting the value to be had from my four other favorite lesser-known perks of the Amex Gold.

Like the Amex Platinum card, Amex Gold cardholders will also get 12 months of complimentary access to Eats Pass if they enroll by Dec. 31, 2021.

Related: 7 ways to make the most of the Amex Gold Card benefits

Also Check: First Premier Platinum Credit Card Review

Amex Green And Amex Platinum Benefits

However, if the Amex Gold is too pricey for you, you might consider the Amex Green card. It has a lower $150 annual fee, and in addition to the new complimentary Uber Eats Pass membership, it comes with up to $100 in annual Clear credits as well as up to $100 in annual LoungeBuddy airport lounge credits. The Amex Green also earns 3 points per dollar on travel and at restaurants worldwide , and 1 point per dollar on all other purchases.

And if you expect to be traveling a lot in 2021 once travel gets back to normal, you can take a look at the Amex Platinum. Its a card thats designed for road warriors, so in addition to the new complimentary Uber Eats Pass membership, it has a lot of luxury travel perks, such as up to $200 in annual airline fee credits, up to $200 in Uber Cash, up to $100 in Saks Fifth Avenue credits and access to the American Express Centurion Lounges, Delta Sky Clubs and Priority Pass lounges around the world as well as a slew of other benefits.

Related: Read CNN Underscoreds review of the American Express Platinum card.

At $695 a year , youll be putting out a lot of money for the Amex Platinum card. But the travel perks can easily pay for themselves if you can use them, and the card can make flying a little bit easier, especially if youre looking for an airport lounge while youre traveling during these stressful times.

How Many Amex Cards Can You Have

Over the years American Express has been fairly lenient when it came to limiting the number of cards an individual could hold at once. But somewhat recently theyve implemented a four-card limit on Amex credit cards.

The Points Guy confirmed this change, with an Amex spokesperson saying this regarding the four credit card limit:

Yes, we made that change, because, in general, we see very few of our customers actively using four or more cards at the same time. If a Card Member has four or more cards already with American Express and some of them are inactive, we will recommend they consider consolidating.

Amex also confirmed that the limit was ten on cards that have no spending limits. Heres what you need to know regarding Amex cards with and without spending limits:

Don’t Miss: Jp Morgan Chase Amazon Credit Card

More articles

Popular Articles