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What this credit is
One statement credit every four years
This credit is worth $120.
Set against the card’s $895 annual fee, using this one credit in full covers 13% of it.
How the one-time reset works
It does not reset. A one-off. Once it is used, or once the offer period closes, it is finished — so this one belongs on a calendar rather than in a habit.
Cardful tracks this credit to the cent, shows how much of the current offer period is still unclaimed, and reminds you before the window closes — which is the whole reason the app exists.
Where people lose this one
- Once every four years. Using it resets a four-year clock, so it is worth timing against whoever else in the household needs it.
The rest of the Amex Platinum Card credits
- Equinox Credit — $300 annual
- Hotel Credit (FHR/THC) — $300 semiannual
- CLEAR Plus Credit — $219 annual
- Airline Fee Credit — $200 annual
- Oura Ring Credit — $200 annual
- Uber One Membership Credit — $120 annual
- Resy Dining Credit — $100 quarterly
- lululemon Credit — $75 quarterly
- Digital Entertainment Credit — $25 monthly
- Uber Cash — $15 monthly
- Walmart+ Credit — $12.95 monthly
See the full Amex Platinum Card breakdown →
Related reading
- Travel perks and card insurance, explained
- What your points are actually worth
- How statement credits really work
- Is the annual fee worth it?
Terms last verified against the issuer’s published page on . Card terms change without notice — always confirm on the issuer’s site before applying.