The Amex Platinum Card offers very strong perks that easily more than offset the annual fee. I’d argue that the card’s 2025 refresh was actually a net positive in terms of being able to extract value from the card. One of those core benefits has been an up to $600 annual hotel credit.

Some time back, I wrote about how we had reason to believe that this core perk would be devalued. That’s no longer a rumor, as it has now been confirmed directly by Amex . I see why Amex is making this change, and true value maximizers will be unhappy about this.

Amex Platinum $600 hotel credit change as of 2027

This Amex Platinum hotel credit change isn’t surprising

Bottom line

Currently, the American Express Platinum Card® ( learn more ) and The Business Platinum Card® from American Express ( learn more ) offer up to $600 per year in hotel credits .

To take advantage of this, you just have to book a prepaid hotel through Fine Hotels + Resorts® (no minimum stay through 2026) or The Hotel Collection (two-night minimum…