When talking about elite credit cards, very few are recognized like the The Platinum Card® from American Express. This card’s benefits are usually aimed at people who are traveling frequently which focuses on providing the best value for hotels and flights. However, this premium card has a very high annual fee.
Because of the annual fee, this card is best for high spenders, for them to be able to maximize their travel benefits. The cardholders are required to pay their entire balance at the end of every billing cycle. Is the annual charge worth its benefits? Why is it so different from other cards?
The Platinum Card® from American Express
This premium card is still the best choice among other luxury cards. The annual fee which is $550 is suitable for a group of people who love to travel and are seeking out luxury amenities all the time. If you want to increase your travel experience, then this is the best card for you. The most important reason why you should be a member is that you would be able to use the Amex Centurion lounges.
The Amex Centurion lounges are the top of the line airport lounges. You will also be able to access Priority Pass lounges. If you are frequenting hotels, The Platinum Card® from American Express will give you a gold status with the Hilton and Starwood hotels. So if you want to get the most out of your card, enjoy the travel benefits and rewards. Remember that the cards best features are centered on the access or discounts to travel-related benefits.
The Amex Platinum Requirements
When applying for The Platinum Card® from American Express, remember that it is not an easy process. You need to have an excellent credit score and should be a fairly high spender for you to be qualified. You can get your credit score for free from Credit Sesame. Remember that this card is specifically intended for people with a high net worth who are always on the move like businessmen and other professionals.
It also helps if you have other American Express credit card. If you have one of their cards and you use it to purchase items most of the time, you might get an invitation to apply for The Platinum Card® from American Express.
The Platinum Card® vs Other Cards
For you to be able to fully understand why The Platinum Card® from American Express is better than the other cards available, let us go ahead and compare this from the other cards that are frequently used by wise spenders who travel a lot. The Chase Sapphire is one of the elite cards that we can compare with The Platinum Card®. They almost have the same benefits but what it cannot compete with is the concierge services. It doesn’t have the same reputation for providing customer satisfaction with reservations, unlike the Platinum concierge.
When it comes to premium cards, nothing can beat The Platinum Card® from American Express. Even though they charge a huge annual fee, the benefits are definitely worth it. Ask any traveler who is a Platinum Card holder and you are sure to receive only positive feedbacks. So what are you waiting for? If you are on the go, get The Platinum Card® from American Express.