Although this is one
of the higher annual fees charged by an airline rewards credit card, it's important that you calculate the rewards and benefits that you get in return.
One of the other reasons why I love using my Discover card is because it has a lot of protections that you see on a lot
of high annual fee cards.
Our take: The American Express Platinum card carries one
of the highest annual fees for a card in its class and a rewards rate that pales in comparison to similar cards; however, you can't beat its extensive list of luxury travel perks, including access to exclusive Centurion lounges.
With one
of the highest annual fees in the market — $ 699 a year — the AMEX Platinum Card compensates by boasting some of the most extensive travel reward offerings.
The American Express Platinum card has one
of the highest annual fees of any consumer credit or charge card — $ 550 — but as Amex's flagship product, this premium credit card offers a tremendous amount of value to offset that fee.
Along with the updated sign - up bonus and other card improvements, American Express has increased the annual fee for the Platinum card from a lofty $ 450 to an even loftier $ 550 per year — one
of the highest annual fees currently attached to a rewards card.
Even if you decided to keep the card open, you may call the card issuer and explain that you are debating whether to cancel the card or keep it open
because of the high annual fee.
In general, you will find that Visa Infinite cards offer more and better benefits than Visa Signature cards, but that they will also come with a larger pricetag in the
form of a higher annual fee.
The American Express Platinum card carries one
of the highest annual fees for a card in its class and a rewards rate that pales in comparison to similar cards; however, you can't beat its extensive list of luxury travel perks, including access to exclusive Centurion lounges.
The AAdvantage Aviator Silver World Elite MasterCard offers bigger savings and better perks at the cost
of a higher annual fee.
Oh, and don't forget to cancel
all of those high annual fee cards to avoid paying a bundle for those «free» flights.
But it's a different conversation with premium travel rewards cards: in order to enjoy luxurious amenities like lounge access and 24/7 concierge service, you're going to have to pay
some of the highest annual fees around.
But it's a different conversation with premium travel rewards cards: in order to enjoy luxurious amenities like lounge access and 24/7 concierge service, you're going to have to pay
some of the highest annual fees around.
I have a number of credit cards that come with an annual fee but three of them in particular come with
some of the highest annual fees you'll find.
It sounds as though you are satisfied with using your Delta card to earn Delta frequent flyer miles and to take advantage of its travel benefits, so the Chase Sapphire Reserve might be more than you want because
of its high annual fee.
Because
of the high annual fee, this card doesn't make sense if you spend less than $ 1,000 a month.
Bonuses can be a good way to offset the cost
of the high annual fee.