The short answer
The Amex Schwab Platinum carries 10 recurring statement credits worth $2,685 a year. 2 reset on the calendar year and expire on 31 December; 8 reset on your account anniversary. 3 are capped monthly and cannot be carried forward.
$2,685face value a year, against a $895 fee
2expire on 31 December
5capped monthly or quarterly, so they cannot be carried forward
Resets on the calendar year, expiring 31 December
Resets on your cardmember year
Credit
Windows in a year
Each
A year
$600 Hotel Credit enrol first Get up to $300 in statement credits semi-annually (up to $600 annually) when you use your Platinum Card to prepay for eligible bookings through American Express Travel at Fine Hotels + Resorts or The Hotel Collection. Enrollment required.
Twice a year, resets on the cardmember year
$300
$600
$400 Resy Credit enrol first Get up to $100 in statement credits each quarter when you use your Platinum Card at U.S. Resy restaurants and for other eligible purchases through Resy. That's up to $400 annually. Enrollment required.
Quarterly, resets on the cardmember year
$100
$400
$25 Monthly Digital Entertainment Credit Get up to $25 in monthly statement credits when you pay for select digital subscriptions with your Platinum Card. Eligible services include Disney+, ESPN+, Hulu, The New York Times, Peacock, Paramount+, YouTube Premium, YouTube TV, and more. Enrollment required.
Monthly, resets on the cardmember year
$25
$300
$300 Lululemon Credit enrol first Get up to $75 in statement credits each quarter when you use your Platinum Card for eligible purchases at U.S. lululemon retail stores (excluding outlets) and lululemon.com. That's up to $300 annually. Enrollment required.
Quarterly, resets on the cardmember year
$75
$300
$300 Equinox Credit enrol first Up to $300 in statement credits annually for Equinox fitness club membership
Once a year, resets on the cardmember year
$300
$300
$200 Airline Fee Credit enrol first Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees are charged by the airline to your Platinum Card account.
Once a year, resets on the calendar year
$200
$200
$200 Oura Ring Credit enrol first Receive up to $200 in statement credits each calendar year when you use your Platinum Card to purchase an Oura Ring at Ouraring.com. Enrollment required.
Once a year, resets on the calendar year
$200
$200
$15 Monthly Uber Credit enrol first Up to $200 in Uber Cash annually ($15 per month, $35 in December)
Monthly, resets on the cardmember year
$15
$200
$12.95 Monthly Walmart+ Credit Get up to $12.95 in statement credits each month when you pay for a monthly Walmart+ membership with your Platinum Card. That's up to $155 in value annually.
Monthly, resets on the cardmember year
$12.95
$155
$120 Global Entry/TSA PreCheck Credit Receive up to $120 in statement credits every 4 years when you use your Platinum Card to pay for your Global Entry ($120) or TSA PreCheck ($78) application fee.
Every 4 years, resets on the cardmember year
$120
$30
$25 Monthly Digital Entertainment Credit, $15 Monthly Uber Credit, $12.95 Monthly Walmart+ Credit are capped per month. An unused
month does not roll forward, so the annual figure the card is marketed on assumes you spend at those
specific merchants every single month. Most people do not, which is the single biggest gap between a
premium card's advertised credit value and what it is worth to you.
Questions people ask
When do the Amex Schwab Platinum credits reset?
Both, depending on the credit. $200 Airline Fee Credit, $200 Oura Ring Credit reset on the calendar year and expire 31 December. $600 Hotel Credit, $400 Resy Credit, $25 Monthly Digital Entertainment Credit, $300 Lululemon Credit, $300 Equinox Credit, $15 Monthly Uber Credit, $12.95 Monthly Walmart+ Credit, $120 Global Entry/TSA PreCheck Credit reset on your cardmember year, meaning your account anniversary.
Which Amex Schwab Platinum credits require enrolment?
7 of 10: $600 Hotel Credit, $400 Resy Credit, $300 Lululemon Credit, $300 Equinox Credit, $200 Airline Fee Credit, $200 Oura Ring Credit, $15 Monthly Uber Credit. Enrolment is not retroactive at most issuers, so a purchase made before you enrol usually will not be credited.
How much are the Amex Schwab Platinum credits worth in total?
$2,685 a year at face value, against a $895 annual fee. That is the sum of the caps, not what a typical cardholder captures — 3 of them are monthly and expire unused each month, and each is restricted to specific merchants.