The Platinum Card® from American Categorical (overview) and The Enterprise Platinum Card® from American Categorical (overview) are widespread premium playing cards. Many individuals decide up these playing cards not due to the return they provide on on a regular basis spending, however somewhat due to the entire perks of being a cardmember.
For perks-rich playing cards, there’s typically worth in including licensed customers, so that you could share your advantages with family members and shut associates. So on this submit I needed to take an in depth take a look at the worth proposition of including Amex Platinum licensed customers — how a lot does it value, and what does it get you?
Amex Platinum licensed customers value
The worth of including licensed customers may be very completely different, relying on whether or not you’re trying on the private or enterprise model of the cardboard:
As you’ll be able to see, the pricing distinction between the private and enterprise card is huge — if you happen to add three licensed customers to the private model of the cardboard you’d pay beneath $60 per licensed consumer, which is lower than a fifth of the charge you’d pay on the enterprise model of the cardboard.
As you may anticipate, the ethical of the story is to ideally add licensed customers to the private model of the Amex Platinum, somewhat than the enterprise model (although I get that’s sophisticated, relying in your wants).
When deciding whether or not so as to add licensed customers, additionally remember that the first cardmember is liable for any prices they make, so solely add individuals that you could belief.
Amex Platinum licensed consumer advantages
In the event you add licensed customers to the Amex Private Platinum or Amex Enterprise Platinum, what advantages must you anticipate that they’ll obtain?
For one, licensed customers get the total suite of airport lounge entry perks, which I’d argue are the perfect provided by any premium bank card. This contains:
- Entry to Amex Centurion Lounges; friends value $50 every, except you spend at the least $75,000 on the cardboard per calendar yr, during which case you’ll be able to deliver two friends without cost
- Entry to Delta Sky Golf equipment when flying Delta on the identical day; you’ll be able to deliver friends for $50 every
- A Precedence Go membership (enrollment required), providing you with entry to 1,300+ lounges all over the world; you’ll be able to visitor as much as two individuals at no extra value
- Entry to Plaza Premium Lounges; you’ll be able to visitor as much as one particular person at no extra value
- Entry to Escape Lounges and choose Lufthansa Lounges
I’d say the lounge entry is essentially the most substantial perk, although there are different helpful perks for being a licensed consumer on the Amex Platinum, together with:
There’s one different typically missed perk. The Amex Platinum earns Membership Rewards factors, and people factors may be transferred to airline & lodge companions, which I contemplate to be the perfect use of those factors. Nonetheless, they’ll solely be transferred to a loyalty program account within the title of a cardmember. In the event you add a licensed consumer, you’ll be capable to switch factors to one in every of their airline or lodge accounts after 90 days, which provides much more flexibility.
Simply to be thorough, what advantages don’t get Amex Platinum licensed customers get? Except for the International Entry or TSA PreCheck credit score, licensed customers don’t get any of the extra credit that main cardmembers obtain, whether or not it’s the airline charge credit score, Uber credit score, digital leisure credit score, CLEAR credit score, Equinox credit score, Saks credit score, and so on.
How do you add Amex Platinum licensed customers?
The method of including licensed customers on the Amex Platinum is simple, and probably even rewarding. Log into your Amex account, after which scroll all the way down to the “Amex Provides & Advantages” part. It is best to see the “Add a Card Member” choice listed there.
Whereas this received’t at all times be the case, in some situations it’s possible you’ll even see a reward for doing so.
You’ll have to supply the title and date of beginning of the licensed consumer you need to add. You even have the choice of including their social safety quantity — if you happen to don’t add it at this level, you’ll have so as to add it inside 60 days of the cardboard being issued.
Word that licensed customers on the Amex Platinum should be at the least 13 years previous.
Is including Amex Platinum licensed customers value it?
The incremental perks for licensed customers between the private and enterprise variations of the cardboard are very related, although clearly the prices are very completely different. On the Amex Private Platinum you may pay beneath $60 per licensed consumer, whereas on the Amex Enterprise Platinum you’ll pay $300 per licensed consumer.
Personally I feel the worth proposition of including licensed customers to the private model of the cardboard is solely unimaginable. For (probably) beneath $60 per particular person per yr, you’re getting essentially the most complete airport lounge entry provided by any bank card. Licensed customers get Centurion Lounge entry, Delta Sky Membership entry (when flying Delta similar day), a Precedence Go membership, and way more.
Personally I really feel like a key side of maximizing the Amex Platinum is including licensed customers, given the wealthy advantages.
Backside line
There are many unimaginable perks to the Amex Platinum Card, and I’d argue that among the finest methods to maximise worth with the cardboard is so as to add licensed customers.
For a complete of $175 per yr you’ll be able to add three licensed customers to the private model of the cardboard, and so they’ll obtain all of the superb lounge entry perks of the first cardmember, and extra. Getting that for beneath $60 per particular person per yr is an outstanding worth.
When you’ve got the Amex Platinum, have you ever added licensed customers to the cardboard?
The next hyperlinks will direct you to the charges and costs for talked about American Categorical Playing cards. These embrace: The Enterprise Platinum® Card from American Categorical (Charges & Charges), and The Platinum Card® from American Categorical (Charges & Charges).
