Amex Platinum Card members: Take advantage of your credits before the end of the year
American Express has recently enhanced its top-tier credit cards, the American Express Platinum Card® and the Business Platinum Card®, making them more appealing for both new and existing cardmembers. The Platinum Card now offers quarterly credits of up to $75 for purchases at U.S. Lululemon stores and up to $100 at Resy-affiliated restaurants, alongside an annual Uber One membership credit of up to $120. These updates provide cardholders with an opportunity to maximize their benefits before the end of the year, especially as the annual fee has increased to $895. New cardmembers can apply online and receive an instant card number, allowing them to start utilizing their benefits right away, including the chance to earn significant welcome bonuses—up to 175,000 points for the Platinum Card and 200,000 points for the Business Platinum Card.
To make the most of these credits, cardmembers should ensure they activate their benefits in their Amex accounts prior to making purchases. For instance, the Lululemon credit can be combined with Rakuten for additional savings, and the Resy credit can be utilized at participating restaurants without needing a reservation. Additionally, new Platinum Card members can take advantage of extra monthly credits for digital entertainment services, Uber Cash, and a Walmart+ membership. Cardmembers are encouraged to keep an eye on their accounts to confirm that their statement credits post correctly, as there can be instances where credits may not appear automatically. If this occurs, reaching out to Amex’s customer service can help resolve the issue.
For Business Platinum Card holders, although no new quarterly credits were added, existing benefits remain valuable. Members can access statement credits for wireless services, Hilton purchases, and Indeed job listings, which can add up to $150 in value. Both cards also offer a significant hotel statement credit of up to $600 annually, which can be utilized for prepaid stays booked through American Express Travel. By strategically applying for these cards now and activating their benefits, cardmembers can ensure they capture the maximum value available before year-end, making it an opportune time to enhance their rewards and experiences with American Express.
If you already have one of
American Express’ top-tier cards
— or are considering an application — act now to maximize the credits on these cards.
The
American Express Platinum Card®
underwent a
major refresh
earlier this year, adding credits for up to $75 in purchases at U.S. Lululemon retail stores (excluding outlets) and online per quarter and up to $100 at U.S. Resy-affiliated restaurants per quarter (enrollment required).
(
The Business Platinum Card® from American Express
was also
refreshed
; it didn’t add any new quarterly credits, but it’s still a good reminder to make sure you’re getting value out of the existing ones.)
And they’re both offering high welcome bonuses to new cardmembers, who can apply and immediately start using their card online, unlocking value from the very beginning.
Here’s why applying now can help you capture extra value before the end of the year.
New cardmember? Get an instant card number
Good news: If you want to pick up the
Amex Platinum
, you can apply online and get an
instant card number
to use for online purchases and add to your digital wallet like Apple Pay (while you wait up to seven business days for your physical card to arrive in the mail).
When you apply, you can find out your offer and see if you are eligible for as high as 175,000 bonus points after spending $8,000 on purchases in the first six months of card membership. Welcome offers vary, and you may not be eligible for an offer.
Then, you can immediately enroll in the statement credits that you can maximize before the end of the year.
MARKO GEBER/GETTY IMAGES
Similarly, new
Amex Business Platinum Card
members can earn the
highest-ever publicly available bonus
on this card: 200,000 bonus points after spending $20,000 on eligible purchases within the first three months of card membership.
Like consumer Amex Platinum cardmembers, Business Platinum cardmembers can receive an instant card number upon approval and start maximizing their monthly and quarterly credits immediately.
Advice for Platinum Card members
With the up to $75 quarterly Lululemon statement credits, up to $100 quarterly Resy statement credits and up to $120 annually ($9.99 monthly) for a Uber One membership (subject to auto renewal),
Platinum Card
members can extract up to $185 in value from their card between now and the end of the year.
That almost completely offsets the $200 increase in the card’s annual fee, now $895 (see
rates and fees
), from its refresh.
It’s essential that both new and existing cardmembers
activate
their Lululemon, Resy and Uber One benefits in their Amex account before making any purchases so these perks trigger correctly. New cardmembers should also enroll in all other relevant benefits, especially the three other monthly statement credits mentioned below.
Then, use your card to spend at least:
Up to $75 at U.S. Lululemon at retail stores (excluding outlets) and online
: My advice is to stack with the
Rakuten shopping portal
and browse deals in the
secondhand
and ”
We Made Too Much
” sale sections. Both online and in-store purchases are eligible for the credit.
Up to $100 at a U.S. Resy restaurant
:
Look for a participating restaurant
in your area; you don’t need a reservation to be eligible to receive the credit. Before dining, new cardmembers should check that they can tap to pay on a terminal or ask the staff to manually input their card number. There is a quirk that sometimes prevents the statement credit from being received, which I explain later on.
FILADENDRON/GETTY IMAGES
Finally,
enroll in an Uber One membership
and get either a $9.99 monthly (or $96 annual) membership covered with your Platinum Card.
Additional value for new Platinum Card members
If you apply for your new
Platinum Card
now, you can take advantage of an extra $52.95 in monthly credits this year. After enrolling in the benefits, use your card to receive:
Up to $25 for digital entertainment services
:
Eligible services
include the Disney+ Bundle, Hulu and YouTube TV, to name a few.
Up to $15 in Uber Cash
: This credit is valid on Uber rides and Uber Eats orders in the U.S. Uber Cash will only be deposited into one Uber account when you add the Amex Platinum as a payment method and redeem with any Amex card.
Up to $12.95 for a Walmart+ membership
: This credit applies when purchasing one membership (subject to auto-renewal; Plus Ups excluded).
Set your instant Platinum Card number as your payment method for each of the services. Then, when you receive your physical card, check that the four-digit CVV on the front and the expiration date on the back match those on the instant card. If they don’t, update those numbers.
Advice for Business Platinum Card members
The only statement credits that Amex has added or enhanced with the
Amex Business Platinum
refresh are annual and biannual (every six months) statement credits. The annual fee also increased to $895 (see
rates and fees
).
MASKOT/GETTY IMAGES
Having said that, this is still a good reminder for new and existing cardmembers to get $150 in value from the following statement credits before the end of the year (enrollment required).
Up to a $10 monthly statement credit for U.S. wireless telephone services
: Use this statement credit to pay for your cellphone bill. You’ll also get
cellphone protection
by paying the bill with this card.
Up to a $50 quarterly statement credit on eligible purchases with Hilton
: First, make sure to
enroll in Hilton for Business
(for free). Then, use your card to pay for room rates and incidental charges at a Hilton property.
Data points show
you may also be able to receive this statement credit when dining at a restaurant or purchasing a product from a gift store located within a Hilton property, even if you’re not staying at the hotel.
Up to a $90 quarterly Indeed statement credit
: Use this statement credit for online purchases with Indeed.
Again, make sure you
activate
these perks first so that your purchases trigger these benefits.
A note on the semi-annual hotel statement credit
Both the
Platinum Card
and
Business Platinum
provide an up to $600
annual hotel statement credit
per calendar year.
You’ll receive up to $300 semiannually on prepaid
American Express Fine Hotels + Resorts
or
The Hotel Collection
bookings made through
American Express Travel®
when you pay with your eligible Platinum Card. (The Hotel Collection stays require a two-night minimum.)
You won’t want to miss out on this up to $300 benefit by forgetting to use it before the end of the year. If you don’t have immediate travel planned, you can use the current statement credit (for the second half of 2025) to book a stay in 2026. You only have to book a prepaid stay before the end of the year. You don’t have to complete the stay in 2025.
TPG credit cards writer
Augusta Stone
plans to use her credit toward a last-minute weekend trip to Chicago. TPG credit cards editor
Olivia Mittak
used her statement credit to cover most of a two-night stay in New York City before transiting on to Germany this Thanksgiving.
An important note on contactless payments
The terms and conditions for most Amex statement credits say something like this:
“The transaction may not be eligible if the merchant uses a third-party to process or submit the transaction to American Express (e.g. using mobile or wireless card readers).”
SOLSTOCK/GETTY IMAGES
Frustratingly, it is not guaranteed that you will receive your statement credit because it may not code or process the way that Amex wants it to.
I’ve faced this issue twice when using the biannual up to $50
Resy credits
at U.S. Resy restaurants on my
American Express® Gold Card
; neither posted within the standard eight- to 10-week period after the transaction was made.
But after waiting 10 weeks, I was able to receive the statement credits by asking the agent through the online chat function on my
Amex account
to manually apply the statement credits. So, my advice would be to keep an eye on your account; if the statement credit doesn’t appear within 10 weeks, ask Amex to manually apply it.
Bottom line
By being strategic about timing, those with the
Amex Platinum
or the
Business Platinum
can take advantage of their statement credits before the end of the year.
I’d encourage new cardmembers to apply now, note down their instant card number and immediately add it to their digital wallet.
Remember to
enroll
in these benefits first to ensure eligible purchases trigger the statement credits. And keep an eye on your account to ensure you receive your credits within a 10-week time frame; if not, use the chat function to ask Amex to manually apply them.
To learn more, read our full reviews of the
American Express Platinum
and the
American Express Business Platinum
.
Apply now:
The Platinum Card from American Express
Apply now:
The Business Platinum Card from American Express
For rates and fees of the Amex Platinum, click
here
.
For rates and fees of the Amex Business Platinum, click
here
.
Editorial disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.
