SWISS Miles & More Platinum
SWISS
Overall Rating
Annual fee
CHF 700
1st year: CHF 350
Network
American Express
Rewards Type
Miles
Welcome bonus
35,000 miles
Our Take on SWISS Miles & More Platinum
1.2 miles per CHF 1 on both cards plus CHF 10,000 medical coverage. Premium Miles & More at premium pricing.
The SWISS Miles & More Platinum finally combines the best earning rate with meaningful insurance. At CHF 700 annually, you get 1.2 miles per CHF 1 on both Amex and Mastercard, 35,000 welcome miles, CHF 10,000 medical coverage, and CHF 15,000 trip cancellation. For very frequent SWISS/Lufthansa flyers, this is the complete package.
Is CHF 700 Worth It?
For very frequent flyers, potentially. 35,000 welcome miles are worth CHF 500-700 in transfers. 1.2 miles per CHF 1 means CHF 50,000 annual spending = 60,000 miles. Year one delivers 95,000 miles, potentially a round-trip business class ticket to Asia.
CHF 10,000 medical coverage (worth CHF 50-80 standalone) and CHF 15,000 trip cancellation add protection value. The combined miles and insurance justify CHF 700 for serious travelers. Occasional flyers won't extract enough value.
What Actually Stands Out
The 1.2 miles per CHF 1 earning rate is identical on both Amex and Mastercard. No penalty for using the backup card. This is the best rate in the SWISS lineup and competitive for airline cards generally.
Real insurance differentiates this from Gold. CHF 400 flight delay coverage. CHF 15,000 trip cancellation. The medical coverage, while modest, exists. Apple Pay and Google Pay work on both cards. Our credit card insurance guide compares coverage across all Swiss cards.
What Most Reviews Miss
CHF 10,000 medical coverage is still modest. A serious medical emergency abroad can exceed this quickly. US hospitalization easily costs CHF 50,000+. Adventure travelers or those visiting expensive healthcare countries should consider supplemental insurance.
The 2.5% FX fee is high. International purchases cost you money. The miles earned partially offset this, but dedicated low-FX cards beat this for pure foreign spending. No lounge access included at this tier.
The Bottom Line
The premium Miles & More option with the best earning rate and real insurance. Worth it for very frequent SWISS/Lufthansa flyers who spend heavily. The CHF 700 fee requires high usage to justify. Compare alternatives in our best travel credit cards in Switzerland guide.
Verdict: Premium choice for committed Miles & More collectors. High fee requires high spending and frequent flying to justify.
PROS
- 35000 welcome bonus points
- Travel insurance coverage up to CHF 15,000
- Up to CHF 10,000 coverage for medical expenses
- Apple Pay compatible
- Contactless payments for convenient transactions
- Two card set for the price of one
- Up to 15,000 Swiss francs coverage for travel and lodging costs
- Up to 400 CHF coverage for flight delays
CONS
- High annual fee (CHF 700)
- High foreign exchange fee (2.5%)
- No airport lounge access
- No concierge service
Card Details
At a Glance
Annual fee
CHF 700
1st Year
CHF 350
Rewards rate
1.2 miles/CHF
FX Fee
2.5%
Welcome bonus
35,000 miles
Travel insurance coverage
CHF 15'000
Fees & Costs
Fees & Costs
First year annual fee
CHF 350
Annual fee (after first year)
CHF 700
Foreign exchange fee
2.5%
Cash Withdrawal (Domestic)
4% (min CHF 10)
Cash Withdrawal (International)
6.5% (min CHF 10)
Late Payment Fee
CHF 30
Additional Cards
CHF 200/card/year
Rewards Program
Rewards Program
Rewards type
Miles
Base rewards rate
1.2 / CHF
Welcome bonus
35,000 miles
Earn 2.4 miles for every 2 Swiss francs spent. Welcome bonus of 35000 miles.
Insurance & Protection
Insurance & Protection
Travel insurance coverage
CHF 15'000
Medical insurance coverage
CHF 10'000
Purchase protection
CHF 2'000
Card Features
Card Features
Card Network
American Express
Card Type
Platinum
Currency
CHF
Dual Network
amex + mastercard
Minimum income requirement
No income requirement
Monthly spending limit
CHF 80'000
Airport lounge access
Concierge service
Key Features
- Two card set for the price of one
- Up to 15,000 Swiss francs coverage for travel and lodging costs
- Up to 400 CHF coverage for flight delays
- Up to 10,000 Swiss francs of emergency medical expenses covered for insured persons up to 80 years
- Multiple mobile payment options (Samsung Pay, Apple Pay, Google Pay, Garmin Pay)
Calculate If This Card Is Worth It for You
= CHF 30'000/year
You Pay
CHF 700
per year
You Get Back
CHF 1'145
estimated value
Bottom Line
+CHF 445
in your pocket
Annual calculation:
CHF 30'000/yr × 1.2 miles/CHF × 1.5 ct
35'000 miles × 1.5 ct
Move the slider to see how your spending affects the card's value. Miles: 1.5 ct, points: 1 ct.
Rating by Category
Compare to Other Cards
Frequently Asked Questions
- What's the mile-earning rate on the Platinum?
- 2.4 miles per 2 francs on the Amex, the highest in the SWISS Miles & More range. CHF 5,000 charged earns 6,000 miles, plus the higher-tier perks. The platinum tier is also where you start hitting Star Alliance status accelerators.
- Is there a monthly spending limit on the Platinum?
- CHF 80,000 per month, the highest of the M&M tier. Most cardholders never hit it, but if you charge contractor invoices or run a small business through the card, it's the only M&M card that won't choke.
- How does the 35,000-mile welcome bonus compare?
- About 5,000 miles more than the Gold tier for the same conditional spend. At Lufthansa Group redemption rates, the extra miles get you closer to a transatlantic award seat or a one-way to North America in economy.
- What does an additional Platinum card cost?
- CHF 200 per year per supplementary card, at the top of the Swiss travel-segment range. The set already includes two cards (one Amex, one Mastercard), so a supp adds a third for a partner.
How We Rated This Card
Wondering why SWISS Miles & More Platinum got its score? We rate Travel (miles) cards using a weighted formula. Here's what counts:
Same formula for every card in this category. No exceptions.
See our full rating methodologyReady to Apply?
Apply for the SWISS Miles & More Platinum today and start enjoying its benefits.