American Express Platinum Card® and Southwest Rapid Rewards ® Priority Credit Card are perfect for travelers who love to have an upgraded flying experience.
The Amex Platinum offers the most comprehensive airport lounge network available, giving you access to premium Centurion Lounges plus thousands of other lounges worldwide. You can easily offset the card’s large annual fee through generous credits for Uber, hotels, digital entertainment, Resy dining, and lifestyle brands like lululemon.
The Southwest Priority offers valuable perks for frequent Southwest flyers, including a $75 annual travel credit and 7,500 anniversary bonus points. This premium card provides the most benefits of Southwest’s personal credit cards, making it ideal for loyal customers who want to maximize their rewards and travel experience with Southwest.
This article will compare each card based on several factors to help you make an informed decision on which card is the best to add to your wallet.
Full Reviews: American Express Platinum Card® and Southwest Rapid Rewards® Priority Credit Card.
Overview: Amex Platinum vs Southwest Priority
Welcome Bonuses
Amex Platinum
The American Express Platinum currently offers the following welcome bonus:
bonus_miles_full
Southwest Priority
The Southwest Priority Card currently offers the following welcome bonus: bonus_miles_full
Earning Rewards
Amex Platinum
- 5 points per dollar on flights booked directly with airlines or through American Express Travel®, on up to $500,000 on these purchases per calendar year.
- 5 points per dollar on prepaid hotels booked on AmexTravel.com.
- 1 point per dollar on all other purchases.
Southwest Priority
With the Southwest Priority Card, you can earn the following:
Winner
It depends on your expenses. People who spend a lot of money on flights should maximize the 5x points of the Amex Platinum.
Meanwhile, if your expenses revolve around commuting, streaming, and internet, cable, and phone services, then you should get the Southwest Priority Card.
Card Benefits and Perks
Amex Platinum
The Amex Platinum offers the most benefits of any credit card, including the following:
Lounge Access: Eligible Card members get access to the extensive American Express Global Lounge Collection, including Centurion Lounges, Priority Pass lounges, Lufthansa lounges (when flying Lufthansa, SWISS, or Austrian) and Delta Sky Clubs when flying Delta. Platinum members receive 10 Delta Sky Club visits annually per eligible card (unless you spend $75,000 in a calendar year) when traveling on same-day Delta flights.
Airline Fee Credit: You’ll receive up to $200 in statement credits annually for incidental fees charged by one qualifying airline of your choice.*
Hotel Credits: You’ll receive up to $600 in hotel credits annually with this card, split into two convenient semi-annual periods. The credit structure gives you up to $300 from January through June and another $300 from July through December.*
Uber Cash: Your card provides up to $200 annually in Uber Cash, distributed as up to $15 monthly credits, plus a bonus of up to $20 in December. These credits can be used for both Uber rides and Uber Eats orders within the United States when you add your Platinum Card as a payment method and redeem with any Amex card.*
Uber One Credit: You’ll receive up to $120 annually in statement credits after purchasing an auto-renewing Uber One membership with your card, which is separate from the existing $200 annual Uber Cash benefit.*
CLEAR Plus Credit: You can cover the cost of a CLEAR Plus Membership with up to $209 in statement credits per calendar year after you pay for CLEAR Plus with this card.*
Digital Entertainment Credit: You’ll receive up to $25 monthly (up to $300 annually) in credits toward popular streaming services like Disney+, Hulu, ESPN+, Paramount+, Peacock, YouTube Premium, YouTube TV, and digital subscriptions to The New York Times and The Wall Street Journal. *
Resy Dining Credit: You’ll receive up to $100 quarterly (up to $400 annually) in statement credits when you use your card for eligible dining purchases at over 10,000 U.S. Resy restaurants.*
Lululemon Shopping Credit: You’ll receive up to $75 quarterly (up to $300 annually) in statement credits when you use your card for eligible purchases with Lululemon in the U.S.*
Oura Ring Credit: You’ll receive up to $200 annually in credits when you use your card to purchase an Oura Ring through ouraring.com.*
Equinox Credit: Enjoy up to $300 in annual statement credits toward Equinox gym memberships or the Equinox+ fitness app (subject to auto-renewal).*
SoulCycle Benefit: You can receive up to $300 in statement credits toward the purchase of a SoulCycle at-home bike (up to 15 bikes per calendar year). To qualify, you must be enrolled in an Equinox+ membership when making your purchase.*
Walmart+ Credit: Receive up to $155 in statement credits annually (up to $12.95 monthly plus applicable taxes) covering a Walmart+ membership when paying with your Platinum Card.
Global Entry/TSA PreCheck: You’ll get a $120 statement credit for Global Entry every four years or up to $85 credit for TSA PreCheck every 4.5 years.
Saks Fifth Avenue Credit: Enjoy up to $100 in Saks Fifth Avenue statement credits annually, divided into two $50 credits (January-June and July-December).*
Hotel Elite Status: Enjoy complimentary Gold status with both Hilton Honors, Marriott Bonvoy, and Leaders Club hotel programs.*
Car Rental Status: Enjoy complimentary elite status with multiple car rental agencies: Hertz Gold Plus Rewards President’s Circle, Avis Preferred Plus, and National Emerald Club Executive.
Premium Hotel Programs: You’ll have access to exclusive Amex Fine Hotels + Resorts and The Hotel Collection booking programs. These provide valuable perks like room upgrades, daily breakfast for two, guaranteed late checkout, and unique property amenities during your stays.
Travel Protections: Your Platinum Card covers trip delays over six hours (up to $500), cancellations/interruptions (up to $10,000), secondary rental car insurance when declining the rental company’s waiver, and baggage insurance for lost, damaged, or stolen items when purchasing tickets with your card.**
Shopping Protections: Your Platinum Card safeguards purchases with extended warranty coverage adding up to one year to eligible manufacturer’s warranties, protection against theft, damage, or loss for 90 days, potential reimbursement when merchants refuse returns within 90 days, and cell phone protection when you pay your monthly bill with your card.**
* Enrollment is required for select benefits.
** Eligibility and benefit level varies by card. Terms, conditions, and limitations apply. Please visit americanexpress.com/benefitsguide for more details.
Southwest Priority
The Southwest Priority Card offers the following benefits to its cardholders:
Annual 7,500 Bonus Points: Every year on your cardmember anniversary, you’ll automatically receive 7,500 Rapid Rewards points, which are worth about $113 based on our Southwest points valuations.
$75 Annual Travel Credit: You will receive a $75 annual travel credit that can be used to purchase Southwest Airlines flights, vacation packages, or other travel-related expenses, excluding Upgraded boardings and in-flight purchases.
Upgraded Boardings: The Southwest Priority Card will reimburse you for up to 4 upgraded boardings (A1-A15 positions) in a year, when available. These normally cost between $30 and $149 per passenger per segment, so this benefit can save you a lot of money each year. I use this perk frequently to upgrade myself when I don’t obtain a favorable boarding position, such as in the C Group.
25% In-Flight Savings: When you use your card for inflight drinks or Wi-Fi, you’ll receive 25% back as a statement credit.
Companion Pass Boost: Get a 10,000 point head start each year toward the coveted Southwest Companion Pass, though keep in mind all qualifying activity counts, not just credit card spend
Travel Benefits
No Foreign Transaction Fees: You’ll save money on every purchase while traveling internationally since this card doesn’t add the typical 3% surcharge that many other cards impose.
Baggage Delay Insurance: Missing luggage doesn’t have to derail your trip – this coverage steps in to reimburse you for essential purchases when your checked bags are delayed by airlines, trains, or other carriers. You can grab the necessities you need, from a fresh outfit to personal care items, while waiting for your bags to arrive.
Lost Luggage Reimbursement: Your checked luggage gets extra protection against loss, theft, or damage beyond the basic compensation offered by carriers when you pay for travel with this card.
Secondary Rental Car Insurance: This card provides backup protection for rental car damage or theft when you charge the full rental to your card.
Purchase Benefits
Extended Warranty Protection: Your purchases gain an extra year of warranty protection when bought with this card, extending manufacturer warranties of three years or less without the inflated prices of store warranty plans.
120-Day Purchase Protection: Get 120 days of protection against damage, theft, and even loss of your purchases – one of the longest windows available. This premium coverage automatically applies when you pay with your card.
Winner
The Amex Platinum wins this round. Its benefits are worth thousands of dollars in value. It offers multiple annual credits and complimentary access to the most exclusive lounge networks in the world.
Value of the Annual Fees
Amex Platinum
The Amex Platinum comes with a hefty annual fee of $895 (rates & fees), which can be offset if you take advantage of the numerous credits and great airport lounge access.
There is also a $195 annual fee for each additional authorized user Platinum Card, who also receive airport lounge access, Global Entry/TSA PreCheck credit, and hotel and rental car elite status.
For example, if you had three authorized users with Amex Platinum cards, your additional fee would be $585.
Alternatively, you can add for free up to 99 Companion Cards for free, which allows you to earn points for spending on the Companion Card, but there are no perks like airport lounge access.
Southwest Priority
The Southwest Rapid Rewards Priority Card’s $149 annual fee is higher than other Southwest personal cards, but it offers superior benefits that can provide significant value for frequent Southwest travelers.
The card’s $75 annual Southwest travel credit effectively reduces the out-of-pocket cost to $74. Additionally, cardholders receive 7,500 anniversary bonus points each year, which are valued at approximately $90 towards Southwest flights. These two benefits alone can outweigh the annual fee, making the card potentially profitable for cardholders who regularly fly Southwest.
Winner
It’s a tie. Both the Amex Platinum and Southwest Priority Card offer benefits that you can easily use to make up for the cost of their fees.
Redeeming Rewards
Amex Platinum
American Express Membership Rewards points are a versatile and valuable currency for travelers. The program offers numerous redemption options, with transfers to airline partners being the most lucrative way to use your points.
Amex partners with 18 airlines and 3 hotel chains, allowing you to access a wide range of travel possibilities. Some of the best redemptions include booking business class flights to Europe through Air France-KLM Flying Blue for as low as 50,000 miles one-way. Virgin Atlantic’s Flying Club offers excellent value for Delta One flights to Europe at 50,000 points, significantly less than booking directly through Delta.
For those planning a trip to Asia, transferring to ANA Mileage Club can yield incredible value. Round-trip business class flights from the West Coast to Tokyo can be booked for just 90,000 miles. Singapore Airlines KrisFlyer is another great option, especially for their renowned long-haul flights like New York to Singapore.
Domestic travelers can benefit from transferring to British Airways Executive Club for short-haul American and Alaska Airlines flights, with awards starting at just 8,250 Avios for distances up to 650 miles.
While transferring to airline partners typically offers the best value, Amex also allows direct redemptions for flights through their travel portal. However, this option generally provides lower value at 1 cent per point.
To maximize your Membership Rewards, focus on high-value airline transfers for premium cabin international flights. With strategic planning, you can unlock extraordinary travel experiences and significant savings on your next adventure.
Membership Rewards Transfer Partners [1 to 1]
|
|
|---|---|
Aer Lingus Avios
|
AeroMexico [1 to 1.6]
|
Air Canada Aeroplan
|
Air France/KLM Flying Blue
|
ANA
|
Avianca LifeMiles
|
British Airways Avios
|
Cathay Pacific Asia Miles
|
Delta SkyMiles
|
El Al [1,000 to 20]
|
Emirates
|
Etihad Guest
|
Hawaiian Airlines
|
Iberia Avios
|
JetBlue [250 to 200]
|
Qantas
|
Qatar Airways
|
Singapore KrisFlyer
|
Virgin Atlantic
|
Choice
|
Marriott Bonvoy
|
Hilton Honors [1 to 2]
|
Southwest Priority
Southwest Rapid Rewards offers a flexible and straightforward way to redeem points for flights. The program’s simplicity is one of its key strengths, and its value is fairly onsistent across different fare types and destinations. Our data study found that the value of Southwest Rapid Rewards points is 1.37 cents per point, making it easy for members to gauge the worth of their rewards. Redemptions are seamless on Southwest’s website, where you can book any available seat without blackout dates. One of the program’s standout features is its generous change and cancellation policy. You can modify or cancel award bookings without fees, with points returned to your account and taxes refunded to your original form of payment. While Southwest primarily serves domestic routes, it also flies to select international destinations in the Caribbean, Mexico, and Central America. The airline’s extensive U.S. network makes it a popular choice for domestic travelers, despite not belonging to a major alliance. For maximum value, focus on redeeming points for Wanna Get Away fares, which often provide the best return. Avoid using points for gift cards, hotels, or rental cars, as these options typically offer significantly lower value than the 1.37 cents per point average for flights. The Southwest Companion Pass is a potential game-changer for frequent travelers. This benefit allows a designated companion to fly with you for just the cost of taxes and fees on both paid and award tickets, effectively doubling the value of your points when traveling together.
Winner
The Amex Platinum is the winner when it comes to redemptions. Amex points are worth more and you’d even get more value if you can transfer your points to several airline and hotel partners.
The Verdict
The Amex Platinum and Southwest Priority cards are great options for frequent flyers, but there can only be one winner.
The Amex Platinum wins because it offers better benefits and redemptions overall. If you’re a frequent flyer, you’d want lounge access to multiple networks, travel credits, and a chance to score award flights with several airline partners.
The Southwest Priority Card is a also good choice but you can only maximize the card’s benefits if you’re exclusively flying Southwest.
Which card are you going to choose?
