Is the Amex Platinum worth it in 2026?
Worth keeping long-term. The recurring credits you'd actually use cover the annual fee on their own, before the welcome bonus even enters the math.
Assumes you use every recurring credit and value points at 2.0¢. Adjust for your spend in the calculator →
The year-one math
- Welcome bonus175,000 pts × 2.0¢
- +$3,500
- Recurring credits (if fully used)
- +$3,764
- Annual fee
- −$895
- Year-one value
- +$6,369
- Ongoing (year 2+, no bonus)credits − fee
- +$2,869
Recurring credits
- Uber Cash$180/yr
- Uber One Membership$120/yr
- Digital Entertainment$300/yr
- Resy Credit$400/yr
- Hotel Credit (FHR/Hotel Collection)$600/yr
- Equinox Credit$300/yr
- Lululemon Credit$300/yr
- Walmart+ Membership$156/yr
- Oura Ring Credit$200/yr
- Airline Fee Credit$200/yr
- CLEAR Plus$209/yr
- Global Entry / TSA PreCheck$30/yr
- Centurion Lounge access$300/yr
- Priority Pass Select$469/yr
Apply for the Amex Platinum
The application happens on American Express's site. Then track every recurring credit — and your real keep/churn verdict — in the iOS app.
FAQ
Is the Amex Platinum worth it in 2026?
Keep it. Worth keeping long-term. The recurring credits you'd actually use cover the annual fee on their own, before the welcome bonus even enters the math. This assumes you use every recurring credit and value points at 2.0¢ — adjust both in the calculator for your own situation.
Should I cancel my Amex Platinum?
Probably not on the numbers alone — the recurring credits ($3,764/yr) already cover the $895 fee, so it pays for itself in year 2+ if you use them.
How is "worth it" calculated?
Year-one value = welcome bonus value (points × cents-per-point) + the annualized value of the card's recurring credits − the annual fee. It's the same model the PointsCraft iOS app uses to show what your wallet is actually worth.