How much is the annual fee for an American Express Platinum Card?

The annual fee for an American Express Platinum Card is typically $695. This premium credit card is targeted towards frequent travelers and those who enjoy a luxurious lifestyle. The cost reflects the range of high-end benefits and exclusive perks that come with card membership, including access to airport lounges around the world, substantial travel credits, elite status with certain hotel and car rental partners, improved rewards earning rates on travel purchases, and a comprehensive package of travel insurances. The precise value and utility of these benefits can vary based on an individual’s spending habits and lifestyle preferences, and it's always recommended to review the latest terms directly from American Express as fees and benefits may change from time to year.