For those with an existing relationship with Schwab and who are not averse to high annual fee cards, The Platinum Card® from American Express for Charles Schwab* is perhaps the holy grail, particularly if you’d like to feel like a rock star during your travels. The card offers essentially everything The Platinum Card® from American Express does but adds in the ability to redeem your Membership Rewards directly into your Schwab investment account.
Rewards: Earn 5 points per dollar on flights booked directly with airlines or with American Express Travel, up to $500,000 per calendar year, 5 points per dollar on prepaid hotels booked with American Express Travel, including The Hotel Collection and 1 point per dollar for everything else.
Welcome offer: Earn 80,000 points after spending $6,000 in the first six months of card membership.
Annual fee: $695
Other benefits and drawbacks: As one of the quintessential premium travel cards out there in the market, it includes superb travel benefits like a $189 credit for your CLEAR® Plus membership along with a credit to cover your TSA PreCheck or Global Entry membership, so you can breeze past security at the airport, $200 airline fee credit upon selection of your airline, a $200 hotel credit and a $200 Uber Cash credit, all on a yearly basis.
When seeking that oasis of tranquility at the airport before your travels, this card will grant you access to a multitude of lounges through the Centurion Lounge, Escape Lounges, Plaza Premium, Delta SkyClub and even a Priority Pass Select membership.
