Skip to main content
An official website of the United States government
(855) 411-2372
Submit a Complaint
Search
American Express National Bank

The Platinum Card®

This credit card is recommended for people with the following credit scores: 720+

Nationwide
Availability

Review details with the company before applying

APRs change over time and are specific to the applicant. Check rates before applying.

Web

americanexpress.com

Phone

(888) 297-1244

Purchase interest rate and fees

20.24% – 29.24%* Purchase APR

*As of . Advertised purchase APRs change over time and are specific to the applicant, based on your credit score. Check rates before applying.

Here are typical APRs for different credit scores for this card:

Credit score Median purchase APR Comparison to other cards
720+ 25.24%
2 dollar sign symbols
Pay average interest

After opening the credit card, the purchase APR is variable, meaning it can go up or down based on the index listed in the details below. Learn more about APRs in general and about fixed versus variable APRs.

Foreign transaction fee
None
Minimum finance charge
No minimum interest payment is required to avoid additional fees
Grace period
25 days until interest begins to accrue on purchases
Balance computation method
Monthly interest is calculated based on your average daily balance including new purchases
Purchase APR index
The purchase APR varies depending on the value of the prime index

Learn more about how credit card interest is calculated.

Fees

$695 Annual fee
Late fee
$29 for the first late payment and $40 for a late payment within six billing cycles of another late payment
Over-limit fee
None
Returned Payment
$29 (Fee for a payment that is returned unpaid)
Plan Fee
None (A monthly fee up to 1.33% of each purchase placed in a plan based on: either the APR that would otherwise apply to that purchase (for purchases in a Pay Over Time balance) or the APR that applies to the Pay Over Time feature at the time you create the pla)

Rewards and perks

Other Rewards

Other rewards: Membership rewards

Services
  • Access to Free Credit Scores
  • Automobile rental insurance
  • Discounts on purchases of goods and services (non travel related)
  • Extension on manufacturer’s warranty
  • -$199 CLEAR Plus Credit -$200 Airline Fee Credit -$200 Hotel Credit -$200 Uber Cash -$240 Digital Entertainment Credit -$300 Equinox Credit -Global Lounge Collection -Car Rental Privileges: Avis, Hertz, National -Cell Phone Protection -Concierge -Cruise P
Card features
  • Contactless Payments
  • Chip card
  • Fee-free foreign transactions
  • Mobile wallet provisioning (for example, Apple Pay)

Did you know: If you carry a balance on your credit card, interest and fees typically exceed the value of any rewards earned. Learn why rewards may not be as beneficial as they seem.

Balance transfer interest rate and fees

This card does not offer balance transfers.

Cash advance interest rate and fees

29.49% – 29.99%* Cash advance APR
+
5% ($10 minimum) Cash advance fee

*As of . Advertised cash advance APRs change over time. Check rates before applying.

The median cash advance APR for this card is 29.99%.

The cash advance fee is charged for each cash advance.

Did you know: If you use your card to transfer a balance or get a cash advance, you may have to start paying interest on some or all of your total balance, including new purchases, as of the date of the transaction.