If you hold the Amex Platinum, you have $700 worth of credits that reset every single quarter. Miss the deadline and they're gone. You don't get to roll them over, stack them, or save them for later. They just disappear.
I've been using these credits every quarter for years now, and I still see people forget about them or assume they're too complicated to use. They're not. I'm going to walk through every quarterly credit on the Platinum, show you exactly how each one works, and share a gift card trick that makes the Resy credit almost impossible to waste.
The $400 Resy Dining Credit ($100/Quarter)
The biggest quarterly credit on the Platinum is the Resy dining credit. You get up to $100 per quarter, which adds up to $400 per year in statement credits when you dine at participating Resy restaurants in the U.S.
To activate it, go into your Amex account and enroll in the benefit. This is the step most people skip. It's not automatic. You need to find the Resy credit in your Amex benefits section and opt in. Once you're enrolled, just dine at a participating Resy restaurant and pay with your Platinum.
We just used ours at Malibu Farms, which was great food and a solid experience. Most Resy restaurants skew toward the pricier side, so hitting the full $100 in a single dinner isn't usually hard. That's one meal out and you've used the full quarter's credit.
If you're someone who eats out regularly, this credit is one of the easiest to use. You're probably already dining at Resy restaurants without realizing it. Just make sure you're enrolled and paying with your Platinum.
The Gift Card Trick Most People Don't Know About
This is the part that changes everything, especially if you're sitting at the end of a quarter and haven't used your Resy credit yet.
You can buy gift cards at certain restaurants and it will still trigger the $100 Resy credit. The key is that the restaurant needs to process payments through ToastTab, which is part of the Resy system. When they do, Amex recognizes the transaction as a Resy purchase and the credit kicks in.
For example, we like to buy gift cards at Tribute Pizza here in San Diego. It processes through ToastTab, and the credit applies every time.
I want to be transparent here. Technically, Amex designed this credit for dining at the restaurant, not buying gift cards. But as of right now, it works. Could they change it eventually? Sure. But for now, if you want to lock in the full $100 every quarter without needing a big dinner planned, this is a reliable way to do it.
And if you don't live near a Resy restaurant, there's a solution for that too. Buy gift cards in cities you might travel to in the future. You lock in the credit now and use the gift card later.
Key Takeaway: If you're ever at risk of losing your quarterly Resy credit, buy a gift card at a ToastTab restaurant. It's the simplest backup plan for the Platinum's biggest quarterly perk.
The $300 Lululemon Credit ($75/Quarter)
The other quarterly credit that flies under the radar is Lululemon. You get $75 per quarter, $300 per year in statement credits for purchases at U.S. Lululemon retail stores (not outlets) or at lululemon.com.
If you or anyone in your household wears Lululemon, this credit practically pays for itself every quarter. $75 goes a long way, especially if you catch items on sale. And if you don't personally wear Lululemon, think of this as a built-in gift budget four times a year.
This is a newer credit on the Platinum, so if you've had the card for a while, double check that you're aware of it. A lot of long-time cardholders don't realize it was added and are leaving $300 a year on the table.
Quarterly Credits on Other Amex Cards
The Platinum gets the most attention, but if you hold other Amex cards, there are additional quarterly credits worth tracking.
If you hold multiple Amex cards, these quarterly credits stack up fast. Across the full lineup, you're looking at well over $1,000 per year in credits that reset every three months.
How to Never Miss a Quarterly Credit Again
The simplest fix is a calendar reminder. Set a recurring reminder on January 1st, April 1st, July 1st, and October 1st to check your Amex credits and make a plan to use them. It takes five minutes and it's worth hundreds of dollars over the course of a year.
Go through your enrolled benefits in your Amex account at the start of every quarter. Check which credits you've used and which you haven't. If you're getting close to the end of a quarter and haven't touched your Resy credit, grab a gift card at a ToastTab restaurant. If you haven't used your Lululemon credit, buy a gift for someone or stock up on basics.
Key Takeaway: Quarterly credits are only valuable if you actually use them. A five-minute calendar check four times a year is the difference between getting the full value of your Amex cards and leaving hundreds of dollars behind.
