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The American Express Platinum Card is the card that set the standard for premium travel cards. It was the initial “premium travel” card featuring airline incidental fee credits, lounge access, no foreign transaction fees, incredible customer service, and lots of other premium benefits.

The AMEX Platinum card currently features even more benefits such as a $200 USD yearly Uber credit, access to even more lounges, a generous sign-up bonus, Global Entry fee credit, 5x Membership Rewards points per dollar spent on airfare, access to AMEX Fine Hotels & Resorts, Platinum Travel Service, and the list goes on and on.

Perhaps the main reason why I love American Express Membership Rewards points so much is because they transfer to a variety of airlines and hotels. My favourite transfer partners are Air Canada Aeroplan, British Airways Executive Club, and Etihad Airways Guest. Aeroplan is my go-to Star Alliance frequent flyer programme as they do not charge fuel surcharges on a number of airlines and have very generous routing rules and stopover allowances on round-trip tickets.

Access AMEX Centurion Lounges with AMEX Platinum Card

Access AMEX Centurion Lounges with AMEX Platinum Card

More and more I’ve been reading online about how the AMEX Platinum card is now obsolete, irrelevant, and overrated. Just because a few other banks have introduced premium travel credit cards with huge annual fees during the past two years does not change the value of the AMEX Platinum card at all.

Generally, all premium travel credit cards now feature benefits such as lounge access and airline fee credits (in the form of a statement credit). Those are the “basic” benefits of a premium travel credit card. The earning ratio of points is the next big factor in a premium travel credit card – the AMEX Platinum awards 5 Membership Rewards points per dollar spent on airfare, no other credit card offers this many points per dollar spent. Most offer up to 3 points per dollar spent. The Platinum card wins.

The other important factor is being able to redeem your points. AMEX Membership Rewards points transfer to a variety of airlines and hotels – therefore you can virtually redeem your points for any flight on most major airlines. Other premium travel credit cards do not offer as many transfer partners as American Express does, and even some cards do not allow transferring of points anywhere but rather only allow you to redeem them for travel directly (for a normal revenue ticket) or for a statement credit.

My favourite benefit of the AMEX Platinum card is the ability to access American Express Centurion Lounges around the world. The Centurion Lounges are an incredible place where you can work or relax while enjoying real, high-quality food, a variety of premium alcoholic drinks, spa services, showers, fast internet, and more. No other premium travel credit card offers their own lounges or anything close to the quality of AMEX Centurion Lounges.

In my eyes, the AMEX Platinum card has always been the king and will always be the king. It was the first real premium travel card and will continue to remain at the top. The best part? AMEX is constantly innovating and adding new benefits to the card and opening new lounges around the world. The Platinum card is a must have for every frequent flyer.

Be sure to check out some of the awesome Travel Rewards Credit Cards, Hotel Rewards Credit Cards, and Point Rewards Credit Cards that are available and will earn you lots of miles and great travel benefits!

Editorial Note: Opinions expressed here are author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.