American Express® AIR MILES®* Platinum Credit Card

American Express® AIR MILES®* Platinum Credit Card

The best American Express AIR MILES credit card. Earn AIR MILES Reward miles on all your purchases and take advantage of American Express online offers.

Take advantage of this limited-time welcome offer!

Welcome Bonus

2,000 miles

Best For

Value
Year 1

$505

Years 2 and +

$275

Annual Fee

$120

Interest rates
Purchase Rates

20.99 %

Cash Advance Rates

21.99 %

Balance Transfer Rates

Your Monthly Spending

Offer

Offer
  • New American Express®AIR MILES®* Platinum Credit Card Cardmembers, earn a Welcome Bonus of 2,000 AIR MILES®* Bonus Miles when you charge a total of $1,500 in purchases to your Card within your first three months of Cardmembership. That’s enough to redeem for $200 towards your purchases with AIR MILES®* Cash
  • Earn 1 Mile for every $5 in Card purchases, up to $30,000 annually, on eligible food & drinks, (such as eligible restaurants, coffee shops and stand-alone grocery stores), and eligible gas & transit (such as local commuter transportation including ridesharing services and taxi) in Canada.
  • Earn 1 Mile for every $10 in Card purchases everywhere else.
  • American Express® AIR MILES®* Platinum Credit Card Cardmembers can take advantage of the Annual Travel Redemption Benefit. Once per calendar year, when an eligible Cardmember uses Dream Miles with the AIR MILES Reward Program to book their first single flight or package vacation through airmiles.ca or vacations.airmiles.ca, they can get Bonus Miles equivalent to 25% of the net number of Miles used (up to a maximum of 750 Bonus Miles).
  • Shop at participating AIR MILES®* Partners®* across Canada with your Card and show your AIR MILES®* Card, and you can earn Miles twice

Fees & Conditions

Personal Income $0
Household Income $0
Annual Fee $120
First Additional Card $0
Foreign Transaction Fee 2.5%
Purchase Rates 20.99%
Cash Advance Rates 21.99%

Value

Year 1
Years 2 and +
Welcome bonus
0 $
Annual credit
Travel benefits
VIP lounges
First-Year Offer Value
Accumulated rewards
Annual fee
Net value
Value

Reward points value

We have established a valuation of the reward point in cents for each loyalty program. More information on the points valuation page.

First-year value

For all credit cards offers, we estimate the value of the welcome offer (bonus, annual fee rebate) in the first year, plus the value of the rewards earned based on your purchases entered in the calculator for the six categories:

  • Grocery
  • Gas/Transit
  • Meals
  • Travel
  • Bills
  • Other purchases

First-Year Net Value = Welcome Bonus Value + Benefits (Annual Credit, VIP lounges, etc.) + Earned Rewards First-Year Annual Fee

Value of subsequent years

For the value of subsequent years, we consider the earned rewards based on your purchases indicated in the calculator and any benefits offered.

Subsequent years’ net value = Earned Rewards + Benefits (Annual Credit, VIP lounges, etc.) Annual fee

VIP lounges:

For credit cards with complimentary airport lounge access, this benefit is calculated as follows:

  • 1 access = $35
  • Unlimited access = $350 (the value of 10 annual visits)

Advantages

Welcome Bonus 2,000 miles
Minimum Spending Required $1,500
Minimum Spending Timeframe 90 day(s)

Earnings

All Spending 0.1 Mille
Drugstores 0.1 Mille
Groceries 0.2 Mille
Convenience Stores 0.1 Mille
Gas 0.2 Mille
Telecom/Internet 0.1 Mille
Local Transport 0.2 Mille
Streaming services 0.1 Mille
Dining and Food delivery 0.2 Mille
Online transactions 0.1 Mille
Recurring Payments 0.1 Mille
Office Supplies 0.1 Mille
Travel 0.1 Mille
Entertainment 0.1 Mille

Insurance

Common Carrier Travel Accident Insurance Amount $100,000
Common Carrier Travel Accident Insurance
Auto Rental Loss/Insurance - Amount MSPP $85,000
Purchase Protection - Amount $1,000
Purchase Protection - Duration 90 day(s)
Extended Warranty
Extended Warranty - Duration 1 year
Insurance Document Learn More

FAQ

4 Milesopedia Rating