American Express Gold or American Express Platinum Card? Which credit card is better for your needs? In this video we compare both popular Amex credit cards. We will show you what differences and advantages the platinum card has over the gold card and which card is more worthwhile for whom. So make sure to stay tuned to the end! Hello and welcome to GeldRat. If you like the video, we would be very happy if you gave us a like. Annual fees The Gold Card costs EUR 12 per month, which corresponds to EUR 144 per year. The Platinum Card costs EUR 60 per month, i.e. EUR 720 per year. Welcome bonus American Express offers you a welcome bonus in the form of membership rewards or in euros. With the Gold card, you usually get 72 euros starting credit or 20,000 Membership Rewards points. With the Platinum card, the starting credit is usually 100 euros or 30,000 Membership Rewards points. You can see how high the welcome bonus is at the moment under the links below the video. There you will find a link to the cash bonus and one to the Membership Rewards bonus. Withdrawing money When withdrawing money, withdrawal fees of 4% are incurred with both cards, with a minimum of 5 euros. For cash withdrawals you should rather use another card, for example the one that came with your bank account. Foreign currency fees When using in currencies other than the euro, a foreign currency fee of 2% will be charged. Here you should have an additional credit card in your wallet that does not incur these fees. We link our recommendation for this below the video. It comes with no annual fee and you can use it to pay and withdraw money free of charge in Germany and worldwide. The perfect complement to any American Express card. The Membership Rewards program The Membership Rewards program is probably the most attractive loyalty program of all and the most important reason for choosing an American Express card. With both cards, you automatically participate in the Membership Rewards program at no extra cost. You collect 1 point for every 1 euro you spend. You can also book the Membership Rewards Turbo for 15 euros per year and then receive 50% more points for each payment. So 3 points for every 2 euros in sales. Amex Offers You can take advantage of the Amex Offers with both cards. This is a benefit program for holders of American Espress credit cards. Here you can get extra membership rewards points or credits from American Express partners in changing campaigns. In the app you will find all current offers and can activate those that interest you. The next time you pay by card with the provider of the selected offer, it will be redeemed automatically. Insurance Both credit cards come with a very good insurance package. However, there are differences here. The Gold Card includes the following insurances: - travel health insurance for stays up to 62 days a year - travel cancellation and travel interruption insurance - travel comfort insurance - transport accident insurance - 90-day purchase protection against robbery, burglary, damage and Destruction - a transport accident insurance - an extended right of exchange and the - motor vehicle protection letter All of these insurances except for the transport accident insurance are also included in the Platinum card. The conditions are even better, for example, the travel health insurance is valid for up to 120 days instead of 62 days per year. In addition, you receive the following additional insurances with the Platinum card . - Liability insurance for trips abroad - Travel accident insurance - Baggage and document insurance - Fully comprehensive rental car insurance and - Training gap year insurance With both cards, the insurance policies protect the main cardholder, all additional cardholders, their partners and children up to the age of 18. With the Platinum Card, children are even up to Insured for 25 years and grandchildren also enjoy insurance cover. Advantages of the Platinum Card compared to the Gold Card In addition to the extended scope of insurance, the Platinum Card offers other advantages compared to the Gold Card, namely: - Annual travel credit of 200 euros for flights, hotels & more - Annual 200 euros Sixt Ride credit in the form of 10 vouchers each 20 euros - 150 euros credit for more than 1,400 restaurants in more than 20 countries - 120 euros per year for entertainment providers such as Netflix, Amazon Prime, Kindle, Audible, Amazon Music, WOW TV - Free Priority Pass worth 399 euros per year for unlimited access to more than 1,000 airport lounges. The main cardholder can take a guest with them , as can the partner cardholder. The card is also suitable for families. - Free status cards for hotels. With the American Express Platinum card, you get status at 7 hotel chains, such as Hilton, Radisson, Meliá, Kempinski, Anantara, Rixos or Marriot, without having to spend the usual 50 nights a year. With a hotel status, you receive attractive benefits, e.g. B. Free breakfast, room upgrades, lounge access, free late check-out and more points. You also have access to the special Amex hotel programs, where you also get benefits such as upgrades, free breakfast or resort credits in selected hotels worldwide. - Free status cards with Avis, Hertz and Sixt - Access to the Platinum Service which you can reach 24 hours a day and 7 days a week. You can clarify any kind of questions or requests on the Platinum Hotline . For example, you can get tickets to sold-out concerts or make reservations in exclusive restaurants. No other credit card in Germany offers this. - Within the framework of platinum campaigns, there are often credits of 250 euros for purchases at Zalando, Aldi or dm and - The card is not made of plastic, but of high-quality metal for a particularly high-quality feel. Additional cards The additional cards are very interesting because they contain some monetary advantages of the main card without incurring an additional annual fee. With the Gold Card you can order ONE free partner card. The holder receives all the benefits of the main cardholder again free of charge. So he can claim the travel insurance independently of him and has access to the Amex Offers. As a Platinum card holder, you can apply for 5 additional cards, all of which are free of charge. A platinum additional card and up to four gold cards are included. The Platinum additional card also includes the advantages of the main card. So the insurance, a separate Priority Pass for lounge access for the partner cardholder and a guest, the status benefits in hotels and car rental companies and access to the Platinum Service. The Amex offers are also included. Only the annual credits are excluded . All additional cards, whether gold or platinum, also include participation in the Membership Rewards program. Incidentally, if the main cardholder has booked the Membership Rewards Turbo, this automatically also applies to the free additional cards and without any additional fee. American Express Gold or Platinum – Which card is more worthwhile? Whether the Gold Card or the Platinum Card is the better credit card for you depends very much on how you use it. If you are just looking for a card that you can use to collect Membership Rewards points and want good insurance coverage when you travel , then the GOLDEN American Express card is absolutely sufficient. But if you are very active and travel a lot and value convenience, then the Platinum credit card can quickly pay off. Although the price is quite high at 720 euros per year , it is more than compensated for by the Priority Pass worth 399 euros and the ANNUAL credits of 200 euros each for travel and Sixt Ride as well as 150 euros for restaurants and 120 euros for entertainment providers. If you order a partner card, you will get it You also get another Priority Pass worth 399 euros per year for your partner free of charge. Also free of charge are 4 Gold Cards with all their advantages, for example for your children. So you can save 144 euros per year for every 2 gold cards . In addition, you have an even better insurance package than you get with the Gold card. The Platinum Service, which fulfills almost all your wishes, is particularly exciting. If you use the platinum card accordingly, the annual price is quickly more than compensated and you have probably the best credit card in Germany in your wallet. We will link both cards for you below the video, both with a points welcome bonus and with a euro welcome bonus. In addition, our recommendation as a supplement, with which you can easily avoid the withdrawal and foreign currency fees of the Amex cards. We hope you enjoyed the video comparing the American Express Gold Card and the Platinum Card. If so, we would be very happy if you gave us a like. Do you have any questions about one of the cards? Then just write us in the comments. We're happy to answer them. Thank you for watching and see you soon!