The Platinum Card (American Express Canada)
C$799 annual fee · C$400/yr in printed statement credits · 1x on everything else · 2.5% foreign transaction fee
Terms verified 2026-09-02 against issuer terms · welcome offer re-checked 2026-10-27
Earn rates · how we got this
| Category | Rate | Cap |
|---|---|---|
| Dining | 2x | uncapped |
| Travel | 2x | uncapped |
| Everything else | 1x | uncapped |
See more Canada credit cards →
Signup bonus: 100,000 points in stages, one of them after C$10,000 in 3 months. We never count unearned bonuses in savings math — a bonus you don't clear is worth zero. Staged: 70,000 Membership Rewards points after $10,000 in purchases in the first 3 months, plus 30,000 for a purchase made between months 15 and 17 of membership, which means keeping the card into its second year and its second $799 fee. Amex Canada publishes the total as 'up to 100,000'. Bonus figure confirmed on the issuer's page 2026-10-27.
Statement credits — C$400/yr on paper · how we got this
Monthly and quarterly credits expire if unused — that's where most of their printed value quietly disappears.
Non-cash perks
- Priority Pass + Centurion/Plaza Premium lounge access
- Marriott & Hilton Gold status
- Concierge
- Fine Hotels & Resorts
Does the fee earn out? · how we got this
The C$799 fee minus C$400 in printed credits leaves C$399/yr to earn back through rewards — roughly C$19,950 of dining spending at 2x (valuing Amex Membership Rewards (Canada) at the same mid-range value the optimizer uses). Whether that clears depends on your actual spending.
Who this card is not for
Every point below is a term the issuer prints, read off this card's own row in our database — not an opinion about the card. two things on this card rule out a kind of spender:
- Anyone who won't work the statement credits. The C$799 fee is argued for by C$400 of printed credits, spread across 2 separate credits. Each one only pays if you were going to spend that way anyway; ignore them and the whole C$799 has to come back through earn rates instead.
- Anyone who spends abroad. Every purchase in a foreign currency carries a 2.5% foreign transaction fee. On a card earning 1.0¢ per dollar at the base rate, that fee costs more than the rewards on the same purchase.
More from American Express (Canada)
- American Express Cobalt Card C$192/yr
- American Express Gold Rewards Card C$250/yr
Which card should this spending actually be on? The demo re-scores a year of realistic spending against every card in a wallet — free, no signup. See it on sample data →
Verified 2026-09-02 against issuer terms · sources: www.americanexpress.com · www.americanexpress.com. Spot an error? Tell us.