The Charles Schwab Cards from American Express

American Express Platinum Card® for Schwab details

Welcome offer

100,000 Membership Rewards^® Points

 

You can earn 100,000 Membership Rewards^® points after spending $6,000 in purchases on your American Express Platinum Card^® for Schwab in your first 6 months of Card Membership.^†

Rates & Fees

Annual fee of $695^†¤

 

No foreign transaction fees from American Express when using your Card.^‡¤

 

More Ways to Pay

You're in control with more ways to pay. You can choose to: 

• Pay your bill in full
• Use the Pay Over Time feature to carry a balance with interest
• Use Plan It^ǂ to select large purchases and split them into monthly payments with a fixed fee^¤

 

There is a limit on the total amount that you can carry as a balance or move into a Plan. Any purchases beyond your limit need to be paid in full when your bill is due.^ǂ

 

^{¤ Rates & Fees}

Benefits for Investors

Schwab Appreciation Bonus

 

Receive a $100 Card statement credit if your qualifying Schwab holdings are equal to or greater than $250,000 or receive a $200 Card statement credit if your qualifying Schwab holdings are equal to or greater than $1,000,000, when measured following Card account approval and annually thereafter. Terms and Limitations Apply. For more information on qualifying Schwab holdings, please refer to the FAQs.^‡

 

Membership Rewards^® Points

 

Earn one Membership Rewards^® point for every eligible dollar you spend.‡

 

Invest with Rewards

 

Use Membership Rewards^® points for deposits by Schwab to your eligible brokerage account.^‡

Travel and entertainment benefits

Earn 5X Points

• 5X Membership Rewards^® points on up to $500,000 per calendar year on flights booked directly with airlines or with American Express Travel via amextravel.com or by calling 800-525-3355.^‡
• 5X Membership Rewards^® points on eligible prepaid hotels booked with American Express Travel, including The Hotel Collection.^ǂ

 

$200 Hotel Credit, $200 Airline Fee Credit

 

Get $200 back in statement credits each year on prepaid Fine Hotels + Resorts^® or The Hotel Collection* bookings through American Express Travel when you pay with your Platinum Card^®.‡ And if you fly, you can receive up to $200 in statement credits per calendar year after you select one qualifying airline and incidental fees** are charged by the airline to your Platinum Card^®. ‡

 

*The Hotel Collection requires a minimum two-night stay. 

 

**American Express relies on accurate airline transaction data to identify incidental fee purchases. If you do not see a credit for a qualifying incidental purchase on your eligible Card after 8 weeks, simply call the number on the back of your Card. See Airline Fee Credit terms & conditions for more details.

 

$240 Digital Entertainment Credit

 

Get up to $20 in statement credits each month when you pay for eligible purchases with the Platinum Card^® at participating partners. This can be an annual savings of up to $240. To view participating partners, visit americanexpress.com/platinum. Enrollment required.^ǂ

 

$189 CLEAR^® Credit

 

CLEAR^® uses unique attributes, such as eyes or fingerprints, to digitally verify identity to help its members move faster through security at select airports nationwide. You can cover the cost of a CLEAR membership with up to $189 in statement credits per year after you enroll and pay for CLEAR with your Platinum Card^® from American Express for Charles Schwab.‡

 

Walmart+ Monthly Membership Credit

 

A Walmart+ membership can get you free same-day delivery of groceries from store (where available), free shipping with no order minimum on eligible items shipped by Walmart & more. Use your Platinum Card^® from American Express for Schwab to pay for a monthly Walmart+ membership and receive a statement credit for $12.95 (plus taxes, where applicable) that covers the full cost (excluding any Plus Ups) each month. Free Shipping does not include location and freight surcharges.^‡