Luxury Card Black Card vs The Platinum Card from Amex | finder.com
finder.com
US
AU
NZ
UK
CA
SG
More

Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

Luxury Card Mastercard® Black Card™ vs The Platinum Card® from American Express

Both are premium travel cards, but one is far and away the better choice.

Megan Horner
Megan Horner

Updated . What changed?

Fact checked

The winner: The Platinum Card® from American Express

The Platinum Card® from American Express logo

Up to $4,500

In welcome offer value

  • Biggest welcome offer on the market: Valued up to $4,500
  • 10x points at US gas stations and US supermarkets on up to $15,000 combined in the first 6 months
Apply now
Terms apply, see rates & fees
The Luxury Card Mastercard® Black Card™ is a $495 travel card offering a $100 annual airline credit and 2% rewards rate on airfare redemptions. But it’s outclassed by The Platinum Card® from American Express — a premium, $550-a-year option — which offers hundreds of dollars in statement credits annually. Starting January 2021, Amex’s card pays a stellar 5x points on eligible flights and hotel stays on up to $500,000 annually, reverting to 1x points after, giving you a 10% or higher rewards rate when you transfer points to airline partners.

Luxury Card Mastercard® Black Card™

Luxury Card Mastercard® Black Card™

See rates & fees

The Platinum Card® from American Express

The Platinum Card® from American Express

See rates & fees
Finder rating
Finder rating

★★★★★

2.9 / 5.0

★★★★★

4.4 / 5.0
Best for
Best for
  • Luxury travel perks
  • Excellent travel rewards
Welcome offer
Welcome offer

N/A

75,000 points after spending $5,000 in your first 6 months, plus 10x points at US gas stations and US supermarkets on up to $15,000 in combined purchases in the same timeframe
Rewards
Rewards

1x points on all purchases with 2% point value when you redeem for airfare and 1.5% for cash back

10x points at US gas stations and US supermarkets on up to $15,000 combined in the first 6 months, 5x points on directly-booked flights on up to $500,000 annually, then 1x points after that and on other purchases
Purchase APR
Purchase APR

14.99% variable

See Pay Over Time APR

Annual fee
Annual fee $495 $550
Balance transfer APR
Balance transfer APR

0% intro APR for 15 billing cycles, then 14.99% variable

 See Pay Over Time APR
Cash advance
Cash advance

APR: 25.24% variable

Fee: $10 or 5% of the transaction, whichever is greater

APR: 25.24% variable

Fee: $10 or 5% of the transaction, whichever is greater
Foreign transaction fee
Foreign transaction fee None None
Late payment fee
Late payment fee Up to $39 Up to $40
Additional cardholder fee
Additional cardholder fee $195 $175
Interest-free period
Interest-free period 23 days 25 days
Minimum interest
Minimum interest $0.50
Minimum credit score
Minimum credit score 740 670
Card type
Card type Credit Other
Learn more
Learn more

Read review

Read review

Compare Luxury Card Mastercard® Black Card™ vs. The Platinum Card® from American Express

Data updated regularly
Name Product Welcome offer Rewards Annual fee Filter values
Luxury Card Mastercard® Black Card™
Luxury Card Mastercard® Black Card™
N/A
1x points on all purchases with 2% point value when you redeem for airfare and 1.5% for cash back
$495
Receive an annual $100 air travel credit toward flight-related purchases including airline tickets, baggage fees, upgrades and more.
Apply now
View details
The Platinum Card® from American Express
The Platinum Card® from American Express
75,000 points after spending $5,000 in your first 6 months, plus 10x points at US gas stations and US supermarkets on up to $15,000 in combined purchases in the same timeframe
10x points at US gas stations and US supermarkets on up to $15,000 combined in the first 6 months, 5x points on directly-booked flights on up to $500,000 annually, then 1x points after that and on other purchases
$550
One of the most valuable premium travel cards, featuring two welcome offers worth up to $4,500, multiple travel credits and unrivaled lounge access. Terms apply, see rates & fees
Apply now
View details
loading

Compare up to 4 providers

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site