Is the American Express Platinum card considered prestigious?

The American Express Platinum card is often considered prestigious due to its significant annual fee, generous array of travel-related benefits, and the stringent credit requirements for eligibility. It offers a suite of luxury perks such as access to airport lounges worldwide including AmEx Centurion Lounges, complimentary elite status with certain hotel and car rental programs, extensive travel insurance coverages, and a substantial points earning mechanism tailored toward frequent travelers. Additionally, the card is often associated with affluent consumers who seek exclusive services and experiences. The brand has cultivated this image through targeted marketing and by maintaining a level of exclusivity, thereby reinforcing the card's status as a symbol of affluence and prestige in the credit card market.