WalletFlo is now Flo. Same app, same account, new name.

Card Review

Credit CardAmex
Platinum (Goldman Sachs) credit card

Platinum (Goldman Sachs)

Annual Fee

$695Charged Yearly

Welcome Bonus

See Issuer

EST. Net Value

$2,263/yr

Credit Score

Varies

Top Earn Rate

5x everything else


Last updated November 5, 2026 | Rates, fees, and credits from WalletFlo's OneCard catalog (refreshed hourly).
Verify current terms on the issuer site.

Advertiser disclosure:
Flo may receive compensation from card issuers when you click “Apply” and are approved. This does not affect our rankings or calculator math. Read our advertising policy and methodology.

Flo Analysis

Computed from live catalog data — where this card ranks, wins, and needs a caveat.

Category standing — vs 1,096 cards in the catalog

Everything else

5x

Travel

5x

Where it wins:
Stated credits ($1,674/yr) cover the $695 annual fee on their own — rewards earn on top.

Overview

How this card fits in your wallet — fees, value, and who it's built for.

The Platinum (Goldman Sachs) from Amex carries a $695 annual fee. On WalletFlo's typical spend profile, the OneCard engine estimates $876.00 in rewards plus $2,082.00 in credits and perks — $2,263.00 net per year before welcome bonuses.

How the points work

Earn 5X on flights booked directly with airlines or with American Express Travel

Earn 5X on prepaid hotels booked on amextravel.com

Earn 1X on everything else

Earning rates

Category bonuses from our catalog — verify current offers on the issuer site.

CategoryRate
  • Everything elseAirfare
    5×
  • TravelPrepaid Hotels on AmexTravel
    5×
  • Everything elseAll Purchases
    1×

Credits & Benefits

Statement credits and perks we model in net-value calculations.

Credits

  • Uber$200/yr

    $15 monthly credit to be used on Uber and Uber Eats ($35 credit for December).

  • Airline$200/yr

    $200 annual credit to be used on airline incidental purchases like baggage fees, change fees, etc. with a chosen US airline. Issued every calendar year. Activation required.

  • Saks$100/yr

    Two $50 credits to be used at Saks (premium retail store). Issued January 1 and July 1. Activation required.

  • Global Entry$100/yr

    Get one $100 statement credit for Global Entry or one $85 statement credit for TSA Pre-Check every 4 years.

  • Entertainment$240/yr

    $20 monthly credit to Peacock, Audible, SiriusXM, or The New York Times.

  • Equinox$300/yr

    $25 monthly statement credit to be used at select Equinox memberships (which include complimentary access to the Equinox+ app) or a stand-alone membership to the Equinox+ app.

  • CLEAR$179/yr

    $179 statement credit to CLEAR membership each calendar year.

  • Hotel$200/yr

    $200 annual statement credit to prepaid Fine Hotels + Resorts (FHR) and The Hotel Collection bookings made through American Express Travel each calendar year.

  • Wal-Mart+ $155/yr

    Get $12.95 (plus applicable taxes) for a Wal-Mart+ monthly membership each month.

Benefits

  • Centurion Lounges$50/yr

    Get Centurion Lounge access for you and up to two guests for free.

  • Delta Sky Club$26/yr

    Complimentary Delta Sky Club access (when flying Delta).

  • Priority Pass $32/yr

    Get lounge access for you and up to two guests for free. (No restaurant credits.)

  • International Airline Program

    Get special discounts on up to eight first class, business class, and premium economy fares when booking through Amex.

  • Hilton Honors Gold

    Get Hilton Gold benefits like free breakfast for two, upgrades (subject to availability), late check-out, 80% bonus on base points, and a 5th night free.

  • Marriott Bonvoy Gold

    Get Marriott Bonvoy Gold benefits like a 25% bonus on points, late check-out, upgrades, enhanced internet, and a welcome gift.

  • Fine Hotels and Resorts (FHR)

    Get benefits like noon check-in, guaranteed 4pm late check-out, room upgrades, daily breakfast for two, free WI-fi, and a special amenity.

  • ShopRunner

    Free membership to ShopRunner. Free two-day shipping, free return shipping, special deals and discounts at select retailers.

  • Amex Concert Benefits

    Access to presales for advance ticket purchases and special preferred seating through Ticketmaster.

  • Auto Purchasing Program

    Find TrueCar certified dealerships that allow you to purchase vehicles with your card and get special discounts and other perks.

  • Amex Offers

    Promotions and discounts offered exclusively to card holders.

  • Amex Travel

    Online travel portal that allows you to book various forms of travel including: flights, hotels, rental cars, cruises, and vacation packages.

  • Cell Phone Protection

    Receive cell phone protection by paying your bill each month. Max $800 per claim, up to 2 claims per 12-month period, $50 deductible.

  • Uber Eats Pass

    Get $0 delivery fees, 5% off restaurant orders over $15, and $0 delivery fees on grocery deliveries over $30 in select markets. Must enroll by December 31, 2021

  • Global Dining Access by Resy

    GDA provides access to exclusive reservations, Priority Notify, which allows GDA members to set notifications to be in the first group notified when tables become available before they are made available to other Resy users, and access to exclusive events.

  • SoulCycle At Home Bike$300/yr

    Receive a $300 credit when purchasing a SoulCycle bike (up to 15 bikes per year).

Transfer partners

Where this card's points can go, and at what ratio. 19 partners.

  • Air Canada Aeroplan1:1
  • Air France KLM Flying Blue1:1
  • ANA Mileage Club1:1
  • Avianca LifeMiles1:1
  • British Airways Avios1:1
  • Cathay Asia Miles5:4
  • Delta SkyMiles1:1
  • Emirates Skywards5:4
  • Etihad Guest1:1
  • Iberia Plus1:1
  • JetBlue TrueBlue5:4
  • Qantas Frequent Flyer1:1
  • Qatar Privilege Club1:1
  • Singapore KrisFlyer1:1
  • Virgin Atlantic Flying Club1:1
  • Aeromexico Rewards1:1.6
  • Choice Privileges1:1
  • Marriott Bonvoy1:1
  • Hilton Honors1:2

Work out what a transfer is worth in the transfer calculator.

Is the annual fee worth it?

Quick breakeven from stated credits and perks — open the full tool to dig deeper.

Credits & perks vs fee

Annual fee−$695
Stated credits+$1,674
Perks (est.)+$408
Net after credits & perks$1,387

Verdict

Credits & perks offset the fee on paper

Only valuable if you'd use those credits anyway — rewards on spend can close any remaining gap.

Rewards Calculator

Model this card on your spend — adjust categories and compare with others.

$2,263/yr

Loading calculator…

Estimates for illustrative purposes. See methodology

FAQ's

  • Issuers generally look for good-to-excellent credit; exact thresholds vary.

  • See the annual fee analysis above, or open the full calculator to model credits and perks against $695 per year.

  • Use the rewards calculator above — set your monthly spend by category and the engine models net annual value on this card server-side.

Ready to apply?

Platinum (Goldman Sachs)

Apply Now