The Platinum Card from American Express (Canada)
Best for: Heavy spenders who will reach $20,000 to keep unlimited lounge access
Pros
- Large lounge network today
- New Accor transfer partner and status
Cons
- Unlimited lounge access ends in 2027 for most
- Saks benefit ended June 30, 2026
- No U.S.-style credit expansion
Rates and offers change. Confirm today's terms on the issuer's official site before applying. Independent comparison — not financial advice.
This card has been announced but may not be open to applications yet (September 2026). Amex Canada has added Accor as a partner and announced 2027 lounge-visit limits. It has not done a U.S.-style fee and credit overhaul, and the exact announcement date is not confirmed.
The Platinum Card from American Express (Canada) at a glance
| Issuer | Amex Bank of Canada |
| Card network | American Express |
| Annual fee | C$799 |
| Rewards rate | Membership Rewards points (see issuer for rates) |
| Welcome bonus | None announced |
| Intro APR | None |
| Regular APR | See issuer |
| Foreign transaction fee | See issuer |
| Credit needed | See issuer |
| Best for | Heavy spenders who will reach $20,000 to keep unlimited lounge access |
Key features
- $200 annual travel credit and $200 annual dining credit
- Up to $100 NEXUS credit every 4 years
- ALL Accor Gold status expected in 2026
- From Jan 1, 2027: Priority Pass and Plaza Premium visits capped at 6/yr unless $20,000 annual spend
Pros
- Large lounge network today
- New Accor transfer partner and status
Cons
- Unlimited lounge access ends in 2027 for most
- Saks benefit ended June 30, 2026
- No U.S.-style credit expansion
Before you apply: terms for new cards change quickly. Confirm the current annual fee, rates, rewards and welcome offer on the official Amex Bank of Canada site. CreditCardCompare is an independent comparison resource, not the card issuer, and this is not financial advice.
Sources: pointswise.ca · americanexpress.com
How it compares with similar Canada cards
| Card | Annual fee | Rewards | Intro APR | Foreign fee | Credit needed | Rating |
|---|---|---|---|---|---|---|
The Platinum Card from American Express (Canada)Heavy spenders who will reach $20,000 to keep unlimited lounge access |
C$799/yr | Membership Rewards points (see issuer for rates) | None | See issuer | See issuer | — |
Rogers Red World Legend MastercardRogers/Fido customers who travel abroad |
C$495/yr | 2% cash back on all eligible purchases, per Rogers Bank | None | None | See issuer | — |
Reader reviews
No reader reviews yet. Have this card? Share how it has worked for you.
Write a review
Reviews appear after moderation.
Comments & Questions (0)
No comments yet — be the first to ask. Comments appear after review.
Leave a comment
Your comment appears after our team approves it. Or sign in to post faster.