The Platinum Card® from American Express has a pretty high annual fee which is overpriced for anyone outside the Rockefeller family. But you may be surprised to find that the annual fee is easily outweighed by this card’s signup bonus and awesome perks. Earn 40k Membership Rewards Points when you spend $3,000 in 3 months. The Platinum Card® from American Express has an annual fee of $450 and no foreign transaction fees. So, when it comes to combining luxury and practicality, no one does it like The Platinum Card® from American Express.
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Pros:
Killer Signup Bonus – With Platinum Card® from American Express, you will earn 40k points after spending $3,000 on purchases within 3 months.
EMV Technology and No Foreign Transaction Fees – This Card is great for international travel. There is no pesky transaction fee and it has an EMV chip for more secure transactions.
Luxury Perks – Frequent travelers, especially those who travel overseas, will enjoy luxury perks of The Platinum Card From AMEX.
Cons:
Global Entry – If redeeming points for gift cards or travel might not be your style, then this card isn’t right for you.
You Want Higher Rewards – With the Platinum Card® from American Express, you get great perks and a high signup bonus, but its ongoing rewards structure is relatively low.
Who Should Apply:
- Someone that wants luxury travel perks.
- Anyone who flies frequently.
Who Should Pass:
- Someone that hates annual fees.
- Anyone who typically flies to countries that don’t widely accept AMEX
Reasons Why You’ll Enjoy This Card
If you travel frequently and internationally, where AMEX is widely accepted. The Platinum Card® from American Express is a great card choice for you! Provided you can stomach the high annual fee, you will be rewarded with tons of luxurious perks such as airport lounge access and an annual incidentals credit. Earn 40k Membership Rewards Points when you spend $3,000 in 3 months. So sign up today and enjoy traveling in style! If this card isn’t for you, then check out our full list of credit card bonus promotions.