The Platinum Card from American Express is a premium card that offers a wide variety of premium Platinum benefits in addition to earning 1.25 Membership Rewards Points for every $1 spent. The points are redeemable for travel on virtually any airline with no black out dates and can be transferred to a variety of other loyalty programs. The Platinum Card from American Express has an annual fee of $399 and includes an extensive insurance benefits package as well as the following Platinum Card perks - complimentary companion airline tickets, complimentary airport lounge access, complimentary upgrades and Gold membership with Starwood Preferred and Hertz to name a few. You will also receive a bonus of 10,000 Rewards Points the first time you use the card and an additional 15,000 if you spend $500 in the first 3 months.