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How to use the Platinum Card from American Express for Charles Schwab Hotel credit

The American Express Platinum Card from American Express for Charles Schwab Hotel credit is worth up to $600 / year. It resets twice a year (June 30 and December 31), and unused value in a window doesn’t carry into the next one. The current window closes December 31, 2026.

ValueUp to $600 / year
ResetsTwice a year
This window closesDecember 31, 2026

What it is

Up to $300 in statement credits from January through June and again from July through December, up to $600 per calendar year, on prepaid Fine Hotels + Resorts or The Hotel Collection bookings through American Express Travel when you pay with the Platinum Card from American Express for Charles Schwab. The Hotel Collection requires a two-night minimum. Fine Hotels + Resorts bookings also need a two-night minimum starting January 1, 2027.

Summarized from American Express’s published terms, checked October 22, 2026. Terms change — confirm details with American Express before you rely on them.

When it resets

Two windows a year: January–June and July–December.

The current window closes on December 31, 2026 — 70 days from today.

How not to lose it

  • You get two separate windows — use the first half by June 30 and the second by December 31. The halves don’t combine.
  • Don’t wait for the last day. Statement credits can take days to post, and a purchase that settles after the window closes may not count.
  • Check how you book. The terms tie this credit to a specific booking channel, and other channels won’t trigger it.
  • Pay with the Platinum Card from American Express for Charles Schwab. The credit only follows purchases charged to the card that carries it.

Quick answers

How much is the Platinum Card from American Express for Charles Schwab Hotel credit?

Up to $600 / year. Up to $300 in statement credits from January through June and again from July through December, up to $600 per calendar year, on prepaid Fine Hotels + Resorts or The Hotel Collection bookings through American Express Travel when you pay with the Platinum Card from American Express for Charles Schwab. The Hotel Collection requires a two-night minimum. Fine Hotels + Resorts bookings also need a two-night minimum starting January 1, 2027.

When does the Platinum Card from American Express for Charles Schwab Hotel credit reset?

Two windows a year: January–June and July–December. The current window closes on December 31, 2026.

How do I remember to use the Platinum Card from American Express for Charles Schwab Hotel credit?

Add the Platinum Card from American Express for Charles Schwab to CardSmart, a free iPhone and Android app. It shows which credits are still unused and reminds you before each window closes. No card number or bank login needed.

Other Platinum Card from American Express for Charles Schwab credits