Is the Amex Platinum Card subject to Chase 5/24?

No, the Amex Platinum Card is issued by American Express and is not subject to Chase's 5/24 rule. American Express has its own set of application rules, including a once-per-lifetime bonus eligibility.

What credit score do I need for the Amex Platinum Card?

While a specific minimum credit score is not provided, applicants generally need an excellent credit score to be approved for the Amex Platinum Card.

Can I get the Amex Platinum Card bonus twice?

No, the Amex Platinum Card welcome bonus is subject to American Express's once-per-lifetime rule for this specific card product. If you've had the card before, you are typically ineligible for a new welcome bonus.

What is the minimum spend for the Amex Platinum bonus?

To earn the current welcome bonus of 175,000 MR points, you must spend $12,000 on eligible purchases within the first 180 days of account opening.

What is the annual fee for the Amex Platinum Card?

The Amex Platinum Card has an annual fee of $895.

How long do I have to meet the Amex Platinum minimum spend?

You have 180 days from the date your account is opened to meet the $12,000 minimum spend requirement for the welcome bonus.

What are the Amex application rules for new cards?

American Express generally has velocity rules that limit new card approvals. These include approximately 1 Amex credit card approval per 5 days and a maximum of 2 Amex credit cards approved per 90 days.

Amex Platinum Card: 175,000 MR Points Bonus (June 2026)

The Amex Platinum Card currently offers a substantial welcome bonus of 175,000 Membership Rewards (MR) points, estimated to be worth $855, as of June 2026. To unlock this valuable bonus, you'll need to meet a minimum spend requirement of $12,000 within the first 180 days of account opening. While the card carries a significant annual fee of $895, the generous signup bonus can present a compelling opportunity for credit card churners focused on maximizing rewards, provided they can comfortably meet the spend threshold and effectively utilize Membership Rewards points. Eligibility for this offer is primarily governed by American Express's strict once-per-lifetime rule for this specific card product, meaning previous cardholders are typically ineligible for the welcome bonus. Additionally, applicants should be mindful of Amex's broader application velocity rules, which can impact approval for new credit cards. It's crucial to note that welcome offers can vary, and you'll see the specific offer available to you during the application process.

Current Welcome Bonus & Value

As of June 2026, the Amex Platinum Card offers a welcome bonus of 175,000 Membership Rewards (MR) points. This bonus has an estimated value of $855.

Important Note: Welcome offers vary, and you may not be eligible for a specific offer. You'll see the offer available to you when you start the application process.

Minimum Spend to Earn It

To earn the 175,000 MR points welcome bonus, you must spend $12,000 on eligible purchases within 180 days of account opening.

Who's Eligible? (Application Rules)

American Express has specific rules that govern eligibility for welcome bonuses and new card approvals. Understanding these is key for successful churning.

American Express Once Per Lifetime Rule: The welcome bonus for the Amex Platinum Card is generally available only once per card product per lifetime. If you have previously held this specific card, you may not be eligible for the bonus. American Express may display a pop-up warning during the application process if you are deemed ineligible.
Amex Application Velocity Rules: Be aware of general American Express application rules, which include:
- Approximately a maximum of 2 Amex credit cards approved per 90 days.
- Approximately 1 Amex credit card approved per 5 days.
Credit Score: While a specific credit score floor is not provided, generally, an excellent credit score is recommended for approval of premium cards like the Amex Platinum Card.

Is It Worth It? (Pros & Cons)

Deciding if the Amex Platinum Card is worth it for you depends on your ability to meet the spend and value the bonus against the annual fee.

Pros:

High Welcome Bonus: A substantial 175,000 MR points bonus offers significant value for those who can maximize Membership Rewards.
High Estimated Value: The bonus has an estimated value of $855, which can offset a portion of the annual fee.

Cons:

High Annual Fee: The card carries a significant annual fee of $895.
High Minimum Spend: A $12,000 minimum spend requirement in 180 days is substantial and requires careful planning to meet without overspending.

How to Apply

To apply for the Amex Platinum Card, visit the American Express website. Ensure you review the specific offer terms and conditions presented to you during the application process to confirm your eligibility and the current bonus details.

Alternatives

If the Amex Platinum Card isn't the right fit, or if you're looking to expand your American Express portfolio, consider these related cards:

Offers change frequently and may not be available to all applicants. Information is provided for research; verify terms on the issuer's site before applying. Chuuurning may not be compensated by issuers.

Amex Platinum Card — 175,000 points bonus