Is The Platinum Card® from American Express Exclusively for Charles Schwab worth it?
The Platinum Card® from American Express Exclusively for Charles Schwab can be a fit for people comparing travel cards from American Express. The main things to weigh are the $895 annual fee, the rewards structure, and whether the benefits match your spending habits.
Rewards breakdown
Wafacard summary: this travel rewards card shows points earning from 5x depending on where the card is used. Confirm category definitions and caps with the issuer before applying.
Intro offer: Intro value may include 150,000 points. Confirm current requirements with the issuer.
Card details
Wafacard note: key fit signals include airport-lounge benefits may apply, travel-focused card positioning. Availability, exclusions, and enrollment rules can vary by issuer terms.
- Network
- American Express
- Review status
- Terms reviewed 6/30/2026
Fees and terms
Rates and fees can change by applicant profile and issuer updates. Confirm current terms on the issuer website before applying.
- Annual fee
- $895
- Purchase APR
- Check issuer terms
- Balance transfer APR
- Check issuer terms
- Cash advance APR
- Check issuer terms
- Foreign transaction fee
- Check issuer terms
- Late payment fee
- Check issuer terms
- Grace period
- Check issuer terms
- Recommended credit
- Excellent (720+)
- Terms last updated
- 6/22/2026
Key benefits
- Airport-lounge benefits may apply
- Travel-focused card positioning