American Express® AIR MILES®* Platinum Credit Card Review

By: Heather Hanks Aug. 21, 2019

The American Express® AIR MILES®* Platinum card allows you to earn one reward mile for every ten dollars you spend at Air Miles sponsors. These include items purchased at eligible gas stations, grocery stores, and pharmacies in Canada. You’ll also get one reward mile for every $15 spent everywhere else. It’s the perfect card to use when you travel or to buy everyday expenses. The American Express® AIR MILES®* Platinum Card offers exclusive benefits for its card holders. You’ll automatically become enrolled in a contest that can send you to see your favorite artists for free. Also enjoy low interest rates of 1.99% for the first six months of membership if you transfer other credit card balances to your American Express® AIR MILES®* Platinum card. Plus, there is no balance transfer fee! Check out our Amex AIR MILES®* Platinum Card Review below.

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Credit Card

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What is the American Express® AIR MILES®* Platinum?

The American Express® AIR MILES®* Platinum card is one of several cards in the American Express Air Miles lineup. All cards are conveniently designed for the world traveler as well as for everyday purchases. It works by allowing you to earn reward miles every time you use your card. You’ll earn one reward mile for every ten dollars you spend on sponsored purchases. These include grocery stores, gas stations, and pharmacies in Canada. You’ll also get one reward mile for every $15 you spend everywhere else. American Express rewards you for sharing the good news about the American Express® AIR MILES®* Platinum card. You’ll get a referral bonus of 500 bonus miles for each friend you refer. This can result in a maximum annual bonus of up to 7,500 reward miles. The American Express® AIR MILES®* Platinum card offers more than 1,000 rewards to choose from. You can redeem your reward miles for a variety of different rewards ranging from moving tickets to travel expenses and even electronic purchases. Plus, American Express allows you to earn rewards miles twice when you use your Platinum card at sponsors within Canada.

Here is some basic information about the American Express® AIR MILES®* Platinum Credit Card:

Card type: credit card
Annual fee: $65
Annual interest rate: 19.99% on purchases (22.99% on funds advances)
Free additional cards
Welcome bonus of 2,000 reward miles when you spend $1,500 within the first three months of membership
Earn one reward mile for every ten dollars spent on eligible purchases, including drugstores, grocery stores and gas stations in Canada
Earn one reward mile for every $15 spent everywhere else
Become automatically enrolled in American Express Air Miles cardmember Insider Access and win tickets and other special offers
Transfer other credit card balances to your Amex AIR MILES®* Platinum for free and enjoy an interest rate of 1.99% for six months (must be done at the time of online application)

What Does The American Express® AIR MILES®* Platinum Offer?

Our American Express® AIR MILES®* Platinum Credit Card Reviews coverage includes a full list of rewards offered by American Express. In addition to their rewards system, you’ll like that American Express covers and protects just about every purchase you make. We love that the Air Miles Platinum American Express card allows you to add additional cards to your account for free. This makes it a great option for a business card. You can hand out additional cards for free to your employees and let them help you rack up reward miles.

Here are some of the key benefits of the American Express® AIR MILES®* Platinum Card:

Welcome bonus offer of 2,000 reward miles when you spend $1,500 within the first three months of membership (this is enough for a second flight)

Earn one reward mile for every ten dollars spent at eligible locations such as grocery stores, pharmacies, and gas stations

Earn one reward mile for every $15 spent everywhere else

Gain Insider Access to your favorite concerts and other events

Transfer your balance from other credit cards for free and enjoy 1.99% interest for the first six months

Use your American Express® AIR MILES®* Platinum Card at eligible sponsors throughout Canada and earn reward miles twice

Redeem reward miles for 1,000 rewards that range from travel expenses to electronics and entertainment access

Earn 500 reward miles for each referral for up to 7,500 additional reward miles per year

Enjoy emergency card replacement and fraud protection guarantee

Front of the Line® entertainment access, including access to tickets before they go on sale to the public, special discounts and access to events, and more

Travel and shopping insurance coverage

Low annual fee of $65 and free additional cards

When you use the Platinum Credit Card, you’ll gain entertainment access to concerts, movies, and other special events. Front of the Line® Advance Access allows you to benefit from presale tickets to movies, concerts, and more before they go on sale to the general public. Front of the Line® Reserved Tickets gives members a chance to cash in on block seats exclusive to card members for various major events. Be the first to know about the most popular entertainment listings in your area with Front of the Line® E-Updates. Your Platinum Card benefits also include special offers and experiences that are exclusive to card holders. You’ll enjoy advance screenings to movies, weekend getaway packages, and shopping deals that include in-store and online purchases. All you have to do is use your card to make purchases. Finally, card holders can enjoy entrance to several lounges throughout the country. These include access the American Express lounges at Roy Thompson Hall, Budweiser Stage, and Massey Hall.

Any purchase you make with your card is covered, including purchases for everyday essentials and travel-related purchases. Enjoy car rental theft and damage insurance by declining the waiver provided by the car rental facility. You’ll need to fully charge your car to your card. This will usually allow you to save up to $23 per day by declining the loss damage waiver. You’ll also be covered for up to $100,000 in accidental death and dismemberment insurance. This covers you and your dependent children under 23 when you purchase your common carrier tickets to your card. This coverage also applies to additional card holders and their children under 23!

Additional coverage comes in the form of the American Express purchase protection plan. This covers your purchases from physical damage or theft. You don’t even need to register your purchases to be eligible for this insurance. Through your buyer’s assurance plan, you’ll double your manufacturer's warranty for up to one additional year on products you fully charge to your card. In case of an emergency, American Express will replace your card immediately. This coverage applies to additional cards, too. If you are traveling, they will work with your itinerary to get your new card to you as quickly as possible. This applies to lost or stolen cards.

Fraud protection guarantee

It means that you won’t be responsible if someone steals your card and makes fraudulent charges. This applies to online and in person purchases. American Express asks that you take reasonable measures to protect your card by setting up a PIN. Any purchases that are made without your permission will be covered. Lastly, American Express offers 24/7 customer service. You can contact someone anytime day or night to chat about your account. Also, you can access your account online anytime from any device.

American Express® AIR MILES®* Platinum Review: The Good and the Bad

Every card comes with a list of pros and cons. There are several things we like about the American Express® AIR MILES®* Platinum Card, including a low annual fee and free additional cards. You can easily use this card for personal reasons or for business expenses. Hand out additional cards to family members or employees for free to help you rack up the rewards miles. Your additional card holders will also be covered for much of the same insurance that your primary account holder enjoys. However, the American Express® AIR MILES®* Platinum card does not offer as many reward points per purchases as some other cards do. You’ll need to spend ten dollars to receive one mile reward mile. You’ll have to spend $15 in all other purchases to receive another reward mile. These reward miles only apply to eligible purchases. The good news is that you can earn reward miles on a variety of expenses, such as drug stores, gas stations, and grocery stores. This makes the card ideal for personal and business expenses. Here is what we like and don’t like about the American Express® AIR MILES®* Platinum card.

American Express® AIR MILES®* Platinum PROS

Bonus welcome offer of 2,000 air miles when you spend $1,500 within your first three months of membership
Additional cards are free and can be used to help you rack up your miles
Additional cards are also covered by your insurance coverage plan
Earn one reward mile for every ten dollars spent on eligible purchases that include everyday essentials, such as gas, grocery stores, and pharmacies
Earn one reward mile for every $15 spent elsewhere
Insider Access to lots of entertainment opportunities
Transfer your credit card balance from other cards for free and enjoy a 1.99% interest rate for the first six months
Earn 500 reward miles for referring a friend for up to 7,500 reward miles per year
Earn miles twice when you use your card at Air Miles®* sponsors across Canada
Extensive insurance coverage that includes rental car damage and theft, $100,000 in travel accident insurance, and purchase protection plans
Front of the Line® access including access to presale tickets, reserved tickets for card holders, and e-updates
Special offers, access and experiences for card holders
24/7 customer service and online access
Emergency card replacement and fraud protection guarantee

American Express® AIR MILES®* Platinum CONS

The American Express® AIR MILES®* Platinum card is not offer as many reward opportunities as other cards. You’ll have to spend ten dollars at eligible locations to get one mile reward. Then you’ll need to spend $15 everywhere else to get one mile reward. Other cards allow you to earn one point per dollar spent, but this often comes with a higher annual fee. You’ll still be rewarded for using your Platinum card, but not as much as other cards. Keep in mind that this is often offset by higher fees elsewhere.

We couldn’t find any information on the American Express® AIR MILES®* Platinum Credit Card limit, but you can inquire about this when you apply. Your limit may depend on your credit history and credit score. Keep in mind that fees and limits usually depend on your credit worthiness. American Express offers other cards that are charge cards. This means that you will have to pay your balance off in full each month. Late payments are usually subject to a 30% interest rate. However, the American Express® AIR MILES®* Platinum card is a credit card, not a charge card. You won't have to pay your balance in full, but it's important to make sure you pay on time. You may still be subject to a late fee if you do not pay your monthly balance on time. Missed payments or late payments may also negatively affect your credit score.

How To Apply American Express® AIR MILES®* Platinum?

To apply for the American Express® AIR MILES®* Platinum credit card, you will need to be a Canadian resident. You will also need to have a Canadian credit file and be up the age of majority in the area where you live. The American Express website guarantees you'll have a response within 60 seconds after you fill out your application. To apply, go to the American Express® AIR MILES®* Platinum credit card website and click on the apply now button.

You'll be taken to a web page where you must agree to the following terms before your application can be submitted:

Special rate for balance transfers from other credit cards to your American Express® AIR MILES®* Platinum Card include 1.99% interest rate fee for the first 6 months

The special rate will increase to 22.99% after the promotional period or if you have a missed payment

The preferred rate for purchases is 19.99% and funds advances is 22.99%

Your interest rate will increase to 23.99% for 12 billing periods if you missed two payments

If you have three or more missed payments within 12 months, then your interest rate will increase to 26.99%

A missed payment includes payment that was not made by your next month’s due date

Other fees include the following:

$2.75 for funds advances

$25 for dishonored payments

$3 statement reprint for each statement

$29 overlimit fee if you exceed your credit limit

$10 for reward miles reinstatement through online services or $15 for other channels (plus tax)

Up to 3% of each amount of balance transfer

Up to 8% of the amount for installment program for each purchase

Once you agree to these terms, you can begin the application process. The American Express® AIR MILES®* Platinum card is a credit card. This means you'll need to have your financial information handy when you fill out your application. American Express will likely do a hard pull on your credit to determine your credit score and credit history. Generally, the better your credit score is, the better your terms and rates will be. If you are still unsure about the American Express® AIR MILES®* Platinum credit card, then you can compare the card on the company's website. The website allows you to compare the card to other American Express card. You'll get to see which card has the best rates, reward systems, and entertainment or travel packages. We like that the American Express® AIR MILES®* Platinum Card has no fee for additional cards. If you're looking for an everyday card that can also be used for traveling, then we recommend American Express® AIR MILES®* Platinum credit card.

Conclusion

The above review on the American Express® AIR MILES®* Platinum credit card is based solely on the opinion of Creditnervana. We like that the card has a low annual fee of $65 and that you can add cards to your account for free. American Express offers one of the best insurance policies around to cover every purchase you make. This makes it an ideal card whether you need it for personal or business reasons. However, you might be able to find better rewards systems with other American Express cards. These rewards may be offset by a higher annual fee, but there are better opportunities to use your card at more locations and gain more points per dollar.

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Apply for the American Express® AIR MILES®* Platinum Credit Card now and get a response in 60 seconds

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American Express® AIR MILES®* Platinum Credit Card Review

Overall Rating

Card Type:

Annual fee:

What is the American Express® AIR MILES®* Platinum?

What Does The American Express® AIR MILES®* Platinum Offer?

Fraud protection guarantee

American Express® AIR MILES®* Platinum Review: The Good and the Bad

American Express® AIR MILES®* Platinum PROS

American Express® AIR MILES®* Platinum CONS

How To Apply American Express® AIR MILES®* Platinum?

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